Jeb Bush Advocates for States Rights – To Go Bankrupt
Of course he wants to use bankruptcy to cancel state employee contracts and benefits, but leave all the bondholders protected.
States may have to go bankrupt, but why shouldn’t the bondholders take a haircut along with everyone else? BTW Newt Gingrich is on board for this tool. Jeb Bush, Newt Gingrich, bootlickers to the rich.
These two clowns (I thought Jeb was the smart one in the family, but maybe not!) have to twist themselves into logical pretzels to take the position that a FEDERAL JUDGE should overrule a state government (after all these Republicans are always talking about Big Government and activist judges) but it is clear that Republicans love BIG GOVERNMENT as long as big government SERVES THE RICH.