So where’s the prospectus?

LewRockwell.Com
by Michael S. Rozeff

09/21/09

Why is it companies are forced to supply a prospectus, but the government isn’t? If I am to pay for this war, then I insist on acting like an investor in ‘Afghanistan.’ If the government wants my support, then let them issue a prospectus and let me decide on the merits or demerits of this project. Let me assess the risks, and let me see in writing what the returns are supposed to be. Let me see what this business of state-building is supposed to be about. I’d like to understand why we are in Afghanistan. What is it supposed to accomplish? How much will it cost? What is the strategy of the management? That’s just for starters. I’d like to be able to control how much of my money goes into this investment. I’d even like to be able to sue the promoters for fraud if they make material misstatements or misrepresentations of facts...

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