Quote:
Originally posted by gwellington:
Quote:
Originally posted by javaContour:
[b]
I'll try to find a link to what my company's CEO said about this, but I believe his answer to the call by many in congress for reform of corporate accounting, is sure, you go first.
TB
Let's see, the Federal Government budget decisions are made in public, on the floor of the Congress and in the White House, by representatives and a President elected by the people, who can unelect them if they don't like the accounting practices, and none of the people involved are paid more than $200,000 per year. On the corporate side, decisions are made in secret, with the decisions hidden from the shareholders, who really can't engage in a successful proxy battle to remove them, and from the employees, who stand to lose everything, and the corporate CEO's and their cronies are paid millons per year. No, I don't see the parallel....[/b]
Do you actually believe what you just wrote.

The Federal Government essentially takes money from you when they make a rule. At least corporations have to attract investors.

You don't think deals are done in secret in the Federal Government? Pass me some of what you are smoking, because I want to live in that eutopia, LOL.

Please tell me how the people can unelect even half of those in federal office right now? You said it could be done, so lets hear a workable plan.

I contend that it is just as difficult, if not more difficult, to unelect them, than to unseat board members of corporations. Why? Stockholders take a greater interest in what the companies do, than do the citizens, most of whom, don't bother to vote. However, every stockholder has voted, to a certain extent, with his or her dollars.

How many people even know about the accounting practices of the Federal government? I suspect not many.

However, before I let you derail my original question, let me ask you to visit the original question again, whose books are more crooked?

That question must be asked and seriously answered before we can even begin to discuss who gets shown the door during the next election.

Sadly, I doubt you will see much of that discussed in the press.

TB


Tony Boner
Personal: 98cdw27@charter.net Work: tony.boner@sun.com
Saving the computer world from WinBloze as Unix/Solaris/Java Guru http://www.sun.com
1998 Contour SVT Pre-E1 618/6535 Born On Date: 4/30/1997
Now with Aussie Bar induced mild oversteer.