enough, George W really is a compassionate conservative! For the past
months, the Bushites have been working behind the scenes to comfort to
group of citizens who feel severely put upon: corrupt corporate
the people who brought you the culture of corruption that allowed Enron
many others to rip-off workers and shareholders now whine that they are
with the "burden" of having to comply with audits of their corporate
as well as having to face investigations, prosecutions, and lawsuits
involving corporate wrongdoing. So, two committees of top-level
from the likes of DuPont, Pricewaterhouse Coopers, and Office Depot have
drafted a sweeping series of regulatory changes to make it much more
to catch corporate crooks and hold them accountable.
Bushites, always softies on corporate crime, have felt the pain of these
and are going all out to rig the rules for them. Treasury Secretary
Henry Paulson, for example, has encouraged the Nuveau Enrons in private,
while publicly wailing that today's ethics requirements "made it more
for companies to operate." Well... yeah, Henry, that's the idea!
are supposed to make it "burdensome" for criminals to operate.
Bush has just named Robert Steel to be the senior official in the treasury
department to approve or disapprove the changes proposed by the
committees. Who's he? A Wall Street banker who was chairman of one
committees... so Steel will be ruling on his own proposals.
is Jim Hightower saying... Bush & Company know that this power play is so
that the public and congress will reject it – so they deliberately withheld
their plan until after the elections and intend to enact it by executive
decrees, bypassing congress. To oppose them, call CorpWatch at
2006, Copyright - Saddleburr Productions, Inc. This essay is herein
reprinted with the author's permission.
Posted December 08, 2006