Running the Government like a Business 0
A Republican business, that is. Yep, we’ve been enronned:
“It means we really can’t put any faith in the numbers they use,” said Ross Rubenstein, who teaches public administration at Syracuse University’s Maxwell School.
(snip)
Failing an audit in any other venue could have dire consequences , a public company’s stock could plummet, state and local governments could see bond and credit ratings sink. But for the federal government, effects are less direct because the U.S. Treasury is a guaranteed funding source.
For some reason, I doubt that Halliburton is losing any sleep over this story.
