assets, like taxation power Now we go straight from a misdefinition of "bankruptcy" to outright fabrication of "asset". Each of us may have earning power, for

assets, like taxation power Now we go straight from a misdefinition of "bankruptcy" to outright fabrication of "asset". Each of us may have earning power, for example, but that doesn't make it an asset we can legitimately put on a balance sheet. And taxation power is constrained by the US and IL Constitutions and even US and IL law.