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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (258569)	5/25/2002 2:26:41 PM
From: Mr. Whist	Read Replies (2) \| Respond to of 769670

Re: "Is there anybody in this business who is not a crook?" Ray: In the past decade ... from my own vantage point as a big business employee and union bargaining committee member ... I've seen numerous business practices once considered extreme that now are the norm: pension grabs, insurance-cost squeezes, salary freezes, downsizing, playing fast and loose with OT, ignoring safety rules, etc. etc. ... all the while that compensation for those at the very top of the food chain has doubled/tripled/quadrupled. It's the new "ethic" of Big Business ... push everything to the edge for the sake of corporate profits (e.g. corporate bonuses for the few at the top). This new corporate culture, of course, is one of the main reasons the S&P 500 has remained in "neutral" for the past 24 to 36 months. The investing public no longer has any faith in Big Business to tell the truth, much less bring in an 8% return year after year. And walking hand-in-hand with Big Business is the Republican Party. If the Democrats are smart, they'll campaign long and hard on the incestuous relationship between the Republican Party and Big Business, as was exemplified in the close personal relationship between Kenny Boy and Georgie Boy.