Dems weak on corporate crime
“Judging by the records of the last two Democratic administrations, just the opposite appears to be true. Certainly, President Obama and, to some extent, Bill Clinton like to talk a good game in terms of class warfare, but under both men, real corporate crime-fighting has been at best a side issue — despite the immense amounts of white-collar fraud their administrations faced. In fact, neither Obama nor Clinton can hold a candle to the corporate crime-fighting record of George W. Bush, that supposed lapdog for large corporate interests.
Consider: As we near the four-year anniversary of the financial crisis, not a single Wall Street fat cat has been charged with violations of securities laws in connection with the 2008 collapse.”
Are you suggesting that Bush didn’t turn a blind eye to Haliburton or other corporate interests (Wall St., bogus defense contracts, etc.)? I think you’re right with regards to the dems but the same can be said about the right.
No particular wall street fat cats have been charged but at least I know what companies are guilty. I didn’t have this knowledge regarding corporate crime during the Bush administration, and, if I did, it was the result of investigative journalism and not from the oval office.
Do you recall Enron ? WorldCom ? Tyco ? Adelphia ? Arthur Andersen LLP ? ImClone ? HealthSouth ?
Regarding investigative journalism , is it possible that the investigations were only of interest because of the political affiliation of the White House resident ? That would explain the complete lack of investigative inquiry during the past 4-5 years , wouldn’t it ?