Part of blame for Enron debacle should fall on elected officials
I fail to understand all the righteous indignation and handwringing over the Enron "debacle," especially by a majority of our elected leaders and all those who have supported them over these past many years.
Our elected leaders, over a many years long campaign, have consistently enacted the laws that enabled the corporate entities to benefit on the backs of the people.
During the time these laws were created, allowing the current "debacle" to transpire legally, I might add, I didn't hear our elected leaders decrying the unfairness of giving, among other things, tax breaks, deduction allowances and questionable accounting reporting practices to the corporations.
No, that may have meant no contribution. No, then as is now, these laws are enacted and championed as the holy grail to economic growth.
Whose economic growth?
The elected leaders who have enacted these laws continue to have widespread support by many voters. It is a certainty that they enjoy the support of those contributors that benefit directly.
Yet, now, I hear they're indignant. Sounds comforting, doesn't it?
Peninsula Clarion © 2016. All Rights Reserved. | Contact Us