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  • When an American declares bankruptcy, when he hits bottom, he can reinvent himself. There's a story he can tell. We tolerate reinvention. We encourage reinvention. That's what this country has that Europe does not. It's not just a crisis; it's an opportunity.

    "Michael Lewis’ 'Boomerang': 'Money Thrown Out in Hope, Coming Back in Anger'". "PBS NewsHour" with Jeffrey Brown, www.pbs.org. October 21, 2011.