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But if you look at WorldCom, which is the biggest failure to date, they grew dramatically, they were buying companies that were bigger than they were and they were doing it off inflated stock.

Don Nickles

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Don Nickles
Age: 75
Born: 1948
Born: December 6
Businessperson
Former United States Senator
Politician
Ponca City
Oklahoma
Donald Lee Don Nickles
Donald Lee Nickles
Biggest
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I have always thought that Israel, as an independent and sovereign nation, had a right to defend itself.
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I happen to be one who believes very strongly that state and local governments have their proper roles.
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My last comment was, though, that Congress has cooked the books.
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Well, we want to make sure there's not securities fraud.
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And the whole world, the whole world that believes in freedom, whether you're talking about personal freedom, economic freedom, religious freedom, they look to the United States for leadership and you're part of that leadership.
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It bothers me to read the comments of leaders of the Hamas and others who hate America that their goal is to have more weaponry capable of delivering all types of weapons of mass destruction.
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Well, WorldCom's growth exploded in the Clinton years, there's no question, there's no disputing that.
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I think there's bipartisan support in the Senate to pass a good reform bill.
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But the federal government, our collective government, has responsibilities that none of these other levels of government can fulfill and chief among these is national defense.
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When you look at other countries that are developing the capabilities and the technology to deploy missiles of very significant destructive capability with nuclear, chemical, or biological warheads, then the MAD dogma makes even less sense.
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ALEC is one great organization, I think, for growing future political leaders.
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