davidl on May 15th, 2010

For whom the bill tolls, Megan McArdle,  Atlantic: The Health Care Reform Already Costs More Than We Thought It Would There’s been a spate of bad news recently about the health care bill. Henry Waxman canceled his War on Accounting, not because there was a sudden breakout of common sense on Capitol Hill, but because […]

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davidl on April 1st, 2010

Henry Waxman is the new Ken Lay.  It has  been said the an honest man has nothing to fear.  The demorats are sweating bullets.   The Obami fear, honest accounting, from the Washington Examiner Dems fear honest Obamacare accounting Remember the Enron scandal in 2001, which drove a bipartisan majority in Congress to demand far-reaching reforms […]

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davidl on March 31st, 2010

And I’ve watched congressional hearings.  There’s no chance that four CEO’s are going to explain the accounting code to the fine folks in Congress; explaining how to boil water would challenge the format. Megan McArdle, via Don Boudreaux, Cafe Hayek. Explaining elementary principles of accounting to a congresscritter as dumb as Henry Waxman is simply […]

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