“There’s some good things that come out of bankruptcy. One is you get to start over. Bankruptcy lets you be forgiven of your debt. And you do so by getting new management, better management, and by getting rid of unwieldy contracts, contracts that give you where public employees are getting paid twice what private employees are and things come back more to normal. That’s the way cities and businesses can recover. “I basically say he [Obama] is bailing them out over my dead body because we don’t have any money in Washington.” – Sen. Rand Paul, speaking to Breitbart.