“The same can be said of everyone that files for bankruptcy”
I don’t believe in bankruptcy either, bring back debtor prisons!
Even the Framers believed in bankruptcy. It’s not a get-out-of-jail-free card, you know. You lose -big time- under bankruptcy.
Do you understand math ? If you do, tell me how a fractional reserve banking system works over a number of years.
Hint: increase in money supply, is it sustainable ?
Ergo, once you understand, bankruptcy is a necessity.
Having had to avail myself of the provisions of that law after a ruinous custody battle for my kids, I'm glad that you were not one of the Founding Fathers who abhored the notion of debtor's prison.
I made sure the butcher, the baker, and the candlestick maker were all paid, the only ones stiffed were the lawyers and other assorted vultures that conspired to steal my dignity as I tried to rescue my children from having a convicted child rapist as their new stepfather.