Sunday, April 26, 2009

COULD CONGRESS FACE INVOLUNTARY BANKRUPTCY PROCEEDINGS?

It is a well-established rule of law that creditors can force a debtor into bankruptcy in order to protect the assets of the debtor from being squandered or hidden away. The rule does require that creditors prove that the debtor owes more than it can pay.

Since the Congress represents the country as its "trustee," it seems to me that we lowly citizens could file involuntary bankruptcy proceedings against Congress, thereby freezing government funds and stopping the ridiculous and thieving bailouts; the country obviously owes more in debt than it can pay.

And, it seems to me that we could also easily declare Congress to be morally bankrupt as well. That's a no-brainer.


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