Wednesday, February 1

Money Corrupts 

The NYTimes tells us:
"A former U.S. occupation official in Iraq has agreed to plead guilty to conspiring to steal more than $2 million in reconstruction money and award contracts to a businessman in exchange for more than $1 million in cash and goods."

Another corrupt person, not so rich, only sort of rich, but stealing from each of us taxpayers nonetheless.

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Tuesday, January 31

Rich Men Are Liars 

The Washington Post tells us about bad rich men:
"He said Lay and Skilling assured investors that all was well despite crushing debt and chaotic finances propped up by fragile structures designed to hide the debt and maintain the energy trader's well-polished image of success.'They chose to lie,' Hueston said."

Such nice people. As the Wizard of Oz says, "What's the one thing these men have that others don't?"

Extreme wealth that is doing harm to everyone.

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Monday, January 30

Rich Criminals Go To Trial 

The AP tells us about what some more rich people are doing today:
"Skilling, 52, faces 31 counts of fraud, conspiracy, insider trading and deceiving auditors for allegedly lying about Enron's financial strength. Lay, 63, faces seven counts of fraud and conspiracy for perpetuating the alleged scheme after Skilling resigned in August 2001.

Both men have pleaded not guilty. If convicted, each could face decades in prison and millions of dollars in penalties."

Yes, not guilty. Thta's why they are spending $20 million dollars on defense. Because they have done nothing wrong. Except take all the money from Enron and its employees, screwing up the lives of thousands of people who trusted them.

There were to be three defendents, but one flipped and is ratting the others out, saying that they are not innocent.

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