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[Previous entry: "Letter to the Editor of the Newark Advocate"] [ Main Index ] [Next entry: "American Pious Pie"] 04/21/2005 Entry: "Enron = Campaign Finance Reform"
"Who's to blame for Enron?" It's very alarming that there aren't any laws on the books to protect the US citizenry from the likes of the Enron collusion that's now apparant between our highest offices and corporate America. The re-writing of the regulatory laws, tax laws, pricing and energy policy all the while accepting money from the benefacto Enron should be ILLEGAL! Thanks to the miserable failure of Bush Administration policy makers, this level of quid-pro-quo appears to be in epidemic proportions in the good ole USA today. If the numbers that are being reported are correct, President Bush's tax cut put 4 million extra dollars into the hands of Enron very recently. There are many other big corps that have benefitted from Bush's tax too, such as Ford -- and now Ford is laying off! Corporate welfare has been diguised as a tax cut as the monies are subverted from the middle class to the upper 1% of America. The tax cut could also EASILY be the biggest transfer of wealth from the lower and middle class to the upper class (2%), IN HUMAN HISTORY! Republicans say this tax-cut is right so that big corps can use the money to increase growth, wages and hire new employees... this 'disguise' has also been referred to as "trickle-down economics" ... well sorry sirs, it just doesn't trickle down. It stays in the hands of those at the top of the top. What adds to the misery/fraud of this give-away to big corps is that only those at the top of these big companies seem to benefit from the gift of free money from the so-called tax cut. CEO's (cash engulfing opportunists) seem to have the legal power can play the money any way that they want. It should be fair to say that the Bush admin is more concerned with taking care of corporate America's wallet than protecting the citizenry's financial health from scandals such as that at Enron. All one has to do is take note how deeply President Bush and VP Cheney appear to be by their paving of the road for those law-loopholin theives at the top of Enron. Could Halliburton be another example? Only campaign finance reform can prevent the level of fiscal irresponsibility we are witnessing between the Bush admistration and Enron as corporate welfare checks are being delved out while disguised as a tax cut. This so-called tax cut is little more than a payoff to those that contributed to political campaigns. It appears that favors were promised to corporate contributors in the form of re-written of repealed laws etc! President Bush has even awarded cabinet positions to top executives from Enron! Oh boy, is this what's in store for America and it's hardworking people? As a concerned citizen, I am amazed that there aren't any laws on the books that would separate politicians from this level of a conflict-of-interest. To think that Enron was able to sit in on energy law-making proceedings, benefit from custom tax exemptions etc in exchange for their campaign contributions is a fleecing of the public trust. Does anyone remember the "California blackouts"?
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