Dana7360
Diamond Member
- Aug 6, 2014
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Because for the most part private industry can run things better and more efficient than the government can. The government is currently 17 trillion in debt and counting I can not think of any company in the private sector that can say the same.
Tell that to the people of California when they deregulated their energy and enron took over their electricity.
Enron Fraud > History of Enron > The Enron Investigation
Enron Chiefs Guilty of Fraud and Conspiracy - New York Times
If private industry is so much better then why do we have to keep bailing their sorry butts out when they destroy their companies?
The Wall Street Bailout Plan, Explained - Question - NYTimes.com
And why do they have to pay millions to settle fraud cases?
FBI — Mortgage Fraud
Bank Of America Facing $864 Million Fine After Mortgage Fraud Verdict
U.S. sues Wells Fargo for mortgage fraud - Oct. 9, 2012