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View Diary: The Bankruptcy Bill, Examined (240 comments)

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  •  Prison (none)
    Within a few decades, or even a few years, they're going to have to bring back debtors prisons.

    Why even bother? If this bill passes, it will essentially create a new class of almost bondafide wage slaves. That's a lot more profitable for creditors than debtors' prisons.

    •  Draft 'em (none)
      Just like my theory about eventually letting non-violent criminals pay off their debts by joining the military, I think we'll see the Army offer a means to pay off the bank if you just sign up for 15 years....

      Active military memebers will just never get to leave.

      •  Cash (none)
        I think we'll see the Army offer a means to pay off the bank if you just sign up for 15 years....

        I think this already exists. I mean, doesn't the military offer cash bonuses upon enlistment?

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