[Congressional Record Volume 148, Number 93 (Thursday, July 11, 2002)]
[House]
[Page H4502]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
BUSH DISCOVERS IMPORTANCE OF CORPORATE ACCOUNTABILITY
(Mr. DOGGETT asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. DOGGETT. Mr. Speaker, like a preacher welcoming every convert to
the fold, we welcome all converts, no matter how belated their interest
in controlling corporate corruption.
To date, this Administration's ``See no evil, hear no evil'' approach
has produced and condoned a steady stream of corporate misconduct in
this country. So long as more special-interest lobbyists are appointed
to fill key regulatory roles and the Administration continues to
conspire with House Republicans to undermine every genuine reform that
is proposed, the President's newly professed concern amounts to little
more than a fresh coat of paint on rotten wood, very rotten wood.
The American people can see right through the thin paint and see the
damage that is caused to retirement savings, to investors' earnings,
and to taxpayers that are cheated by corporations that use accounting
tricks to avoid paying their fair share.
Our patience has been exploited and our trust has been taxed by the
culpable inaction, indifference, and complacency of this Administration
and its House Republican allies.
____________________