Hmmmm, If I declare bankruptcy, they can take my toothbrush, and sell it at auction.
The Congress has decided that bankruptcy laws need to get tougher.
I think the rich f*cks need to be deprived of their yachts.
How many votes and deals can the GOP buy with my mansion and yacht? Our property rights will be trashed. The federal government will use this power much the same way they take property from people accused of dealing in drugs. The bad will always find new ways to hide assets overseas. We who are unlucky enough to be accused of corruption in the future will be stripped of all our assets.
People loved Stalin when he cleaned up post war Russia of organised crime. His police state will be our model.