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View Diary: Bain's Black Helicopters (62 comments)

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  •  IIRC, these bonds are rated fairly poorly; (2+ / 0-)
    Recommended by:
    jan4insight, akeitz

    the Moody's report said that, because there isn't much competition they have a strong market position but, OTOH, they have a lot of worthless receivables.

    •  Medical debt is one of the few categories that (3+ / 0-)
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      jan4insight, DRo, Betty Pinson

      you can still default on with little punishment. If these sort fo bonds become more popular I'd expectthat to change. But the history of debt suggests that government have generally tended toward finding a way to get people into debt as a method of control, so I'd expect no less from ours given how far it's strayed from citizens' control.

      If debt were a moral issue then, lacking morals, corporations could never be in debt.

      by AoT on Sun Sep 01, 2013 at 03:28:48 PM PDT

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      •  Still hits your credit rating (2+ / 0-)
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        AoT, Eyesbright

        for a long time.  There were some bills proposed to eliminate medical debts from the credit score but they went nowhere.

        Democrats give you the Bill of Rights; Republicans sell you a bill of goods!

        by barbwires on Sun Sep 01, 2013 at 03:54:16 PM PDT

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      •  Well, if the GOP gets control of Congress (2+ / 0-)
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        chantedor, AoT

        I'm sure they can arrange a new Bill that allows Bain and its bloodsucking helicopter service to ding your pay and Social Security Checks.

        This won't stop until no one but the 1% has any assets left in America.

        It's difficult to be happy knowing so many suffer. We must unite.

        by War on Error on Sun Sep 01, 2013 at 09:50:41 PM PDT

        [ Parent ]

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