Monday, January 24, 2011

WALL STREET JOURNAL OPINION: E.J. McMahon

State Bankruptcy Is a Bad Idea


Politicians already have the power to tame public unions without roiling municipal bond markets. They merely have to use it. .
 
A state bankruptcy provision could create more problems than it solves.



READ THE COLUMN!   http://online.wsj.com/article/SB10001424052748704881304576094091992370356.html?mod=WSJ_Opinion_LEADTop

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