“Repudiate – To reject as unauthorized, untrue, or unjust. To refuse to acknowledge or pay”. We have no legal or moral obligation to bail out Wall Street junk bonds by doubling the NJ gasoline tax. We have no legal or moral right to bail out insolvent pension funds with a 10% sales tax, so some 2,000 mostly political insiders—who paid peanuts into the system–get lifetime payments of more than $100,000 per year.
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