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To: Lonesome in Massachussets
The U.S. Code allows for bankruptcy of governmental bodies.
55 posted on 12/23/2010 6:16:54 AM PST by Tribune7 (The Democrat Party is not a political organization but a religious cult.)
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To: Tribune7

Unfortunately, that does not apply to states.


84 posted on 12/23/2010 10:55:28 AM PST by Lonesome in Massachussets (Socialists are to economics what circle squarers are to math; undaunted by reason or derision.)
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