Monday, March 26, 2007 ::
David Stockman Schadenfreude
U.S. prosecutors on Monday charged David Stockman, a former chief executive of Collins & Aikman Corp, and other former executives of fraud.
Stockman, a former Reagan administration budget director, and the other ex-Collins & Aikman executives are accused of misleading the company's investors to hide its true financial condition, according to the indictment brought by federal prosecutors in Manhattan.
Remember how Stockman repeatedly lied about how great supply-side economics was in the early 1980s? He should have done jail time then, with all the damage he helped do to our country's finances. I guess I'll just have to find some comfort in his arrest and humiliation now instead.
Charlotte, Sunday Style
Because Charlotte is smack dab in the middle of the Bible Belt, it has a few antiquated laws that still catch people by surprise sometimes. Like the guy at the grocery store yesterday morning taking the 3 cases of beer out of his shopping cart and putting them back on the shelf after finding out during checkout that you can't buy beer before noon on Sunday. Bad for him, but at least he could take comfort that he wasn't the only person I saw doing exactly the same thing during my 45 seconds in the beer aisle. March Madness, indeed.