Tuesday, December 23, 2008

Mustang Ranch - the government takeover that wasn't

Hey, look! An urban legend!

Something to think about.

A colleague sent me this email:

The bailout, a different perspective

Back in 1990, the Government seized the Mustang Ranch brothel in Nevada for tax evasion and, as required by law, tried to run it. They failed and it closed. Now we are trusting the economy of our country to a pack of nit-wits who couldn’t make money running a whorehouse and selling booze?

Yeah, yeah. Didn't happen.

The government seized it, then sold it. They never tried to run it.

I'll give a metaphorical devalued US dollar to someone who can point me to the law that sez 'the government is required to run the brothel they've just seized because the owner is a crook'.

You'd think a guy who does a column for a newspaper would be able to smell cow flop when he steps in it
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