Enron was the result of the vast sums of corparate welfare our goverment doles out in direct payments and rules and regulations to benefit companies that can't make it on their own. You are just calling for more
People blame welfare mothers and poor people who default on predetory loans. I have a master degree in science and write technial reports for a living. I can't understand what should be simple language on mortgage papers and related letters from lawyers because they use their own jargon intended to make things unclear to all but those in the business. I can see blaming people buying properties on speculation, but for poor folks that got roped into a mortage the could not afford? More blames belongs with the person who wrote and made a killing from writing the mortgate.
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Today's Featured Article - Good As New - by Bill Goodwin. In the summer of 1995, my father, Russ Goodwin, and I acquired the 1945 Farmall B that my grandfather used as an overseer on a farm in Waynesboro, Georgia. After my grandfather’s death in 1955, J.P. Rollins, son of the landowner, used the tractor. In the winter 1985, while in his possession the engine block cracked and was unrepairable. He had told my father
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