A number of years ago the IRS seized a business in Nevada for non-payment of back taxes. As is required by law, they proceeded to operate that business to protect the financial welfare of the employees and junior creditors. That business was the Mustang ranch, a rather well known brothel. Now remember the business being conducted on this ranch, is the oldest in the world. Despite thousands of years and at times fanatical attempts to eradicate it, this profession has defied all challenges and continued to flourish. But, the government failed. The business went belly up (no pun intended) and had to be liquidated.
Now we are talking about nationalizing our banking system, socializing health insurance and having the government operate them. Hello? Is anybody listening?
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