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Showing posts from November 8, 2009

Sen. Chris Dodd allowed the fall of Enron.

I found this post unpublished in the draft folder so it is a little late but still useful. I really hope Senator Obama does not pick Senator Dodd as his running mate. Senator Dodd is personally responsible for the law that allowed the crimes at Enron to occur. He initiated the veto override that passed said law. The following excerpts are from an article in the NY Times dated, Dec. 23, 1995. By NEIL A. LEWIS Published: December 23, 1995 For the first time, Congress overrode a veto by President Clinton today, as the Senate mustered the necessary two-thirds majority to enact a bill to limit stockholders' rights to file fraud suits . Because the House had voted decisively on Wednesday to override the veto, the law took effect immediately upon the Senate's action. As a result, it will be far more difficult for individual stockholders to file suits against underwriter-brokers, company officials and accountants in cases of securities fraud....... the ringmaster of the event w

Quotes

“Naturally the common people don't want war; neither in Russia, nor in England, nor in America, nor in Germany. That is understood. But after all, it is the leaders of the country who determine policy, and it is always a simple matter to drag the people along, whether it is a democracy, or a fascist dictatorship, or a parliament, or a communist dictatorship. Voice or no voice, the people can always be brought to the bidding of the leaders. That is easy. All you have to do is to tell them they are being attacked, and denounce the pacifists for lack of patriotism and exposing the country to danger. It works the same in any country.” Hermann Goering “The object of war is not to die for your country but to make the other bastard die for his.” General George S. Patton “Any man whose errors take ten years to correct is quite a man.” on Albert Einstein J. Robert Oppenheimer

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