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A nation has its first obligation to its own workers and its own poor.

Bankruptcy is a serious decision that people have to make.

Bankruptcy represents a longstanding commitment in this country to helping people get a fresh start. This principle has never been giving only certain people a fresh start.

Is bankrupting this great country the top priority of this administration?

The level of credit in Mexico has shown to be low. And where credit concentrates the most favors large corporations and not companies.

I think what's important to understand is if the United States hits the debt ceiling and is unable to pay its debts, the consequences will be immediate and dramatic.

The best companies with the strongest credit ratings borrow like the United States: on a non-prioritized basis. This means that in the event of a default, all of their debts are of equal priority because lenders and creditors believe default is highly unlikely. And they spend considerable effort maintaining this status.

Executives must place a priority on wellbeing if they want to attract the right people, keep their best people, and drive their company's financial performance.

Over the next decade, cities and states across America will be compelled to tighten their belts as the really big bills - the pension bills they cannot afford - come due. They'll have to go after existing contracts with current workers.

The Greek debt issue, for example, is such a threat because if that country ever defaulted, it might cause some bank that's 'too big to fail' to actually fail.