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


To: stockman_scott who wrote (280990)7/28/2002 7:28:49 AM
From: JDN  Respond to of 769667
 
Dear Stockman: Well, personally I think the MEDIA is a bunch of crooks too. They are doing MORE damage to this market then all the others combined. I dont see why one cannot believe in the Capitalist System (OUR SYSTEM) and still PUNISH CROOKS. Media ONLY talks about the bad guys, how about the HUNDRED OF THOUSANDS OF GOOD GUYS? Not a PEEP. Damn COMMIES thats what they are. All this country needs IMHO is to INCARCERATE and CONFISCATE the Top officers and maybe Directors of ENRON, WCOM, GBLX, Adelphia, and a couple others and all would be well in the Corporate world. All this regulatory bullshit is going to come back to haunt us I think. JDN



To: stockman_scott who wrote (280990)7/28/2002 11:57:53 AM
From: greenspirit  Respond to of 769667
 
Interesting article. Mr Schneider misses one important point in his commentary. It was those very same agencies which created the loopholes, and looked the other way, during the auditing scandals of the 90's we're now dealing with.

Taken to it's logical conclusion, Mr Schneider should be blaming the bureaucracy, instead of blaming corporations for the abuses.

During Clinton's tenure, the ability of corporations to form cozy relations with Washington insiders, (Rubin, Dashle, Kennedy, McCain etc), and cook their books with bribes, and insider trading moved us closer and closer to a nation like India and Mexico. The atmosphere of "who you know will get you whatever you want" definitely played a major part in these corporate scandals. We were becoming a nation similar to Japan Inc. in the 70's. Call it "America Inc of the 90's".

Character matters. The people must elect bureaucrats of character who will resist abusing their positional power and authority. We clearly lost a lot of that during the Clinton years.

Sociologist Emile Durkheim said it best many years ago...

"When mores are sufficient laws are unnecessary, when mores are insufficient laws are unenforceable".