Ken Lay was the CEO of Enron. He lied to shareholders and Enron went bankrupt. It was the biggest bankruptcy in U.S. history. Ken Lay and several of his people were convicted. Ken died before he went to prison. Our government destroyed Arthur Anderson a fine firm and basically called it collateral damage. So many congressmen Read the full article…
First it was the airlines, then Bear Sterns, then Fannie and Freddie, next comes the car companies. No one will confess how much the Fannie and Freddie bailouts will cost we taxpayers. Lowest number I’ve heard is $20 billion and the highest is $2 trillion. All of these problems were brought about by our Federal Read the full article…
In a 3-6-08 entry I spelled out one of the reasons for high health care costs in America. Our government, the same government that wants to fix health care, broke it. To a large extent, the U.S. Government determines the number of doctors we produce every year. Obviously, the more doctors we have, the more Read the full article…
