Randall Clague [[EMAIL PROTECTED]] wrote: > Like Heinlein, "All bills are paid when the ship lifts?" Works great > if you never want to come back. Or do any business. Or import > anything. Heinlein was seduced by a nice turn of phrase; the reality > will be quite different.
Not quite. Have you watched the recent US Air and United bankruptcies?
The day after declaring bankruptcy, US Air has almost a billion in new
investments and their stock price jumped.
The ability to consistently get stuff to orbit or the moon with a
reusable vehicle is a valuable asset that is not going to disappear if
you have to default on your loans.
Arguably, declaring bankruptcy HELPED US Air significantly.
If the ship does lift, that's far more important than your debt.
Cheers,
Bob McElrath [Univ. of Wisconsin at Madison, Department of Physics]
We're sorry, your freedoms, generosity, and sense of community aid and abet
terrorism. We shall have to take those away. Support America's fight for
freedom and democracy! Vote the Republicrat ticket!
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