While much of the public’s attention has focused on the corporate welfare orgy being orchestrated by public officials in connection with the move of Seattle’s basketball team to Oklahoma City, insiders say another ‘screw job’ designed to pad big life insurance companies’ profits at the expense of older investors is stealthily making it’s way through the legislature.
Insiders say if the effort is successful, some current investment practices, mostly those made by sick and elderly Oklahomans, will become felonies. As incredible as it sounds, the proposed law would have made at least one investment decision made by Ronald Reagan in his last years a crime.
Developing…...
Labels: OK Legislature, Supersonics Clay Bennett
Posted at 4/08/2008 05:11:00 PM
