bankruptcy nevada
How dumb can government management of industry be?
1st. a little history: In the state of Nevada prostution is legal. The most prosperous of all brothels in Nevada was the Mustang Ranch. After being found guilty of tax evasion the US government took over management of this facility. In less than one year the Mustang Ranch had to declare bankruptcy.
What kind of management nationalizes the automotive industry in the US and then passes “cash for clunkers” without any considerations for where the new automobiles were to be manufactured? Should this bill not be titled the Recovery act for South Korea and Japan?
If the money you were playing with was stolen/taken from millions, would you have any incentive to save or use it efficiently?
Especially if next year you were just getting more free money?
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