BOOMERBUSTER

BOOMERBUSTER
OLD CELLO

Monday, December 16, 2019

ELIZABETH WARREN CAME TO NEW DEAL VIEWS FROM BANKRUPTCY LAW

I don't know anything about that, but her whole political career before that had been one founded on laissez faire capitalism......

I did not start out as a royalist, but rather as a sort of skeptical liberal. Somewhere between Any Rand and Marx.

I practiced bankruptcy law for a short while, a year or so, a lot of debtor work, similar to hers I suspect.

But that was way back when both consumer credit debtors, and mortgagors, had some more rights than now.

Now, bankruptcy creditors' rights, and junk derivatives issuers' and investment bankers' rights, are all more like my character Thurston Howell's big, big, big PROPERTY RIGHTS: "Who do you think they will bail out, you or me?"

No comments:

Post a Comment