DENVER -
Former Qwest Communications chief executive Joe Nacchio was sentenced to six years in prison Friday for making $52 million in illegal stock sales while a multibillion-dollar accounting scandal brought the telecommunications company to the brink of bankruptcy -AP
Good job Joe. Thanks for doing such a good job at showing folks how efficient, effective and competitive private cooperate America is.
I’ll just add you to the list of other fine examples of corporate accountability.
Remember the various multi billion dollar scandals at Enron Corp., WorldCom, Adelphia, Global Crossing and Xerox. Check out the list published in thisForbes article.
Various sources report that a Bush created Corporate Fraud Task Force is responsible for 1.236 corporate fraud convictions in the past five years.
For comparisons sake, I suspect 1,236 convictions is a small number compared to normal street crime convictions for the same time period. But, I’m sure there are the volume of money involve in the corporate level convictions is not petty by comparison.
Friday, July 27, 2007
Tuesday, July 17, 2007
Thanks to Larry Flint
Ya gotta love the Conservative/Christian right – so self absorbed, so righteous and what great examples they set for us. The moral compass set by conservative and Christian leaders is dead on…
Senator David Vitter, for example, likes the DC escort scene. You may not remember, but the then Congressman Vitters shamed President Clinton for a little bit of Lewinsky on the side.
Vitters wife, back in the same era, said she wouldn’t be as forgiving as Hillary. In fact, Ms. Vitters noted on the record that her course of action, should she ever find that here husband had been wandering, would be to chop chop Lorena Bobbitt style.
It all reeks of do as I say and not as I do or have done. Vitters harped on the Clintons, and really the rest of us, for a little harmless hanky panky with an intern. All the while, Mr. Vitters was hittin’ it with a DC Madam. His wife, who should have been supporting Hillary, instead dumps on her and all other strong women who decide to work out a difficult relationship situation. Ms Vitters position: a vengeful eye for an eye (plus a little more) attitude. How Christian of her.
But really, what else is new. There’s the ultra right, homo hating founder of the New Life Church Ted Haggard who turns out to be homo loving and self hating.
In 1986 there was Jim “Cancer in the body of Christ” Baker who was exposed by Jimmy Swagart who later tearfully confessed on-air to his sexual indiscretions. After his 1998 confession and subsequent suspension, Swagart was caught with a prostitute by the California Highway patrol for driving down the wrong side of the street.
Then there is this bit about Pat Roberts leg pressing 2000 pounds! Dude is 76 years old! If you don’t believe me, Roberts brags about it on his website. http://www.cbn.com/communitypublic/legpress_explanation.aspx
Personally, I think it’s just a lie. Pat should know better. I mean this is the guy that warned Dover, PA, about impending doom because the town rejected the idea of intelligent design. Imagine that.
The point is; prominent leaders in the right wing, conservative values movement keep getting nicked for not following the moral compass they’ve set for the rest of us. I’m not sure why it is that so many no-name, schlub Americans continue to follow a movement with leaders who are clearly steering themselves in a moral direction that, at least according to Pat Robertson’s standards, isn’t leading to salvation.
Senator David Vitter, for example, likes the DC escort scene. You may not remember, but the then Congressman Vitters shamed President Clinton for a little bit of Lewinsky on the side.
Vitters wife, back in the same era, said she wouldn’t be as forgiving as Hillary. In fact, Ms. Vitters noted on the record that her course of action, should she ever find that here husband had been wandering, would be to chop chop Lorena Bobbitt style.
It all reeks of do as I say and not as I do or have done. Vitters harped on the Clintons, and really the rest of us, for a little harmless hanky panky with an intern. All the while, Mr. Vitters was hittin’ it with a DC Madam. His wife, who should have been supporting Hillary, instead dumps on her and all other strong women who decide to work out a difficult relationship situation. Ms Vitters position: a vengeful eye for an eye (plus a little more) attitude. How Christian of her.
But really, what else is new. There’s the ultra right, homo hating founder of the New Life Church Ted Haggard who turns out to be homo loving and self hating.
In 1986 there was Jim “Cancer in the body of Christ” Baker who was exposed by Jimmy Swagart who later tearfully confessed on-air to his sexual indiscretions. After his 1998 confession and subsequent suspension, Swagart was caught with a prostitute by the California Highway patrol for driving down the wrong side of the street.
Then there is this bit about Pat Roberts leg pressing 2000 pounds! Dude is 76 years old! If you don’t believe me, Roberts brags about it on his website. http://www.cbn.com/communitypublic/legpress_explanation.aspx
Personally, I think it’s just a lie. Pat should know better. I mean this is the guy that warned Dover, PA, about impending doom because the town rejected the idea of intelligent design. Imagine that.
The point is; prominent leaders in the right wing, conservative values movement keep getting nicked for not following the moral compass they’ve set for the rest of us. I’m not sure why it is that so many no-name, schlub Americans continue to follow a movement with leaders who are clearly steering themselves in a moral direction that, at least according to Pat Robertson’s standards, isn’t leading to salvation.
Saturday, July 14, 2007
Good Stuff
In a recent Seattle Times article Chris Gregoire opponents are concerned about Gregoire’s close relationship with labor. Opponents state that unions and Gregoire are in a mutual back scratching position.
Well its true. Labor helped get a labor friendly executive and legislature. Let's remember, labor is the you and me. It is everyman working for some one else. In the case of the state workers who, as the Times reported, received a hefty raise labor is the army of people who keep the state running for you. They are working for you! Don't you think they deserve a decent wage?
At any rate, Gregoire’s opponents fear this mutual back scratching. I say, so what. It's about time someone - a real person- and not a corporation benefited from back scratching at the highest level.
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