One of the first things that Lenin's Bolsheviks and Mao's Communists did upon taking power was to repudiate the debts incurred by the regimes they'd overthrown. Debt, shmet, the commies said. These were payments to capitalist institutions and treasuries that took bread out of people's mouths. To hell with 'em.How the wheel has turned.
Source: http://www.realclearpolitics.com/2011/07/22/lenin_mao_and_bachmann_259893.html
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