June 28, 2002

STOPPING THE CORPORATE FRAUD EPIDEMIC

For all the talk by W. in the wake of the latest scandals, realistically the only way that any significant reform will get accomplished on this issue is for the Dems to be swept into control of both chambers in November. If the Dems can keep the focus of the electorate on this issue (and not get baited into fights over foreign policy, civil liberties and culture wars) they very well can accomplish this despite the pubic's approval for W.'s handling of the war on terror. Only an electoral disaster will convince W. that he can not let the regulated choose the regulators. Only an an electoral disaster will cause the more sensible elements in the GOP to wrest their economic platform away from market fundamentalists (maybe they'll go back to supporting fiscal conservatism?) There are basically two options this fall - vote for the Dems or vote for corporate corruption and cronyism. And if you still think W., Rummy, Condi and co. are doing a great job in 2004, and you're worried that the Dems choice (John Kerry, for example) might mess things up, you can always split your vote - I promise not to tell.

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