Search results with tag "Bankruptcy of the united states"

THE BANKRUPTCY OF THE UNITED STATES

The United States as a corporate body politic (artificial), came out of World War II in worse economic condition that when it entered, and in 1950 declared Bankruptcy and "Reorganization." The Reorganization is located in Title 5 of the United States Codes Annotated. The "Explanation" at the beginning of 5 U.S.C.A. is MOST informative reading.

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