Tag Archives: bankrupt

Too Many Regs: New England Fishermen Going Bankrupt

Minutes after New England fishery managers took a vote that cast doubt on the historic industry’s future, the prospects most clear to Gloucester fishermen Paul Vitale were his own. “I’m bankrupt. That’s it,” said the 40-year-old father of three. “I’m … Continue reading

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The Real Country-Killer in 2013

Never mind the “fiscal cliff.”  America went bankrupt, technically, at midnight on December 31, 2012.  We hit the debt ceiling of $16.394 trillion.  Yet the U.S. government needs to borrow more money than is legally allowed.  So Treasury Secretary Timothy … Continue reading

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