filing for bankruptcy is sometimes nothing more than a step in a financial game plan (with emphasis on the GAME aspect).
Just another way to stave off having to pay creditors.
Also keep in mind politicians are in no way shape or form in the same category as business people or managers. Their job is not to say no to anything and pass along freebies to ANYBODY that may vote for them....hence the need for the endless checkbook.
As is usually the case with politicians for some reason voters continue to reward incompetence with re-election.....therefore they get what they deserve.
btk
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