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]
Yeah, and the tobacco, pharmaceutical, insurance and 100 other lobbying groups don't sway budgetary numbers through back channels either. :rolleyes:

I'm also certain that the NSA and CIA's budgets are FULLY disclosed as well and nothing gets funneled around, either...

The amount that's tied up in the whole Worldcom scandal is pennies compared to the blatant WASTE of taxpayer dollars that we see year in and year out. Remember the $400 toilet bowl lids the Army was buying in the not too distant future?

I'm not defending one or the other, but if you think the US Government is running a clean house in terms of fully disclosed accounting this year or any in the past 60-70, Pluto just became a habitable planet...

JaTo
Overland Park, KS
JaTo@kc.rr.com

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