November 5, 2025
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Deep Something

The site for ranting and reporting by John Masters

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Debt To Society

B. John 254 Views

As the U.S. government’s budget deficit tops $2.2 TRILLION, Bush made the following statement at the signing ceremony for the Credit Industry?Protection?Racket (known in Congress as the Bankruptcy Reform Bill):

"Bankruptcy should always be a last resort in our legal system. If someone does not pay his or her debts, the rest of society ends up paying them."

B. John

B. John Masters writes about democracy, moral responsibility, and everyday Stoicism at deep.mastersfamily.org. A lifelong United Methodist committed to social justice, he explores how faith, ethics, and civic life intersect—and how ordinary people can live out justice, mercy, and truth in public life. A records and information management expert, Masters has lived in the Piedmont,NC, Dayton, OH, Greensboro, NC and Tampa, FL, and is a proud Appalachian State Alum.