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Make 'Em Sweat
MAKE 'EM SWEAT....The Washington Post reports that Barack Obama's upcoming inauguration has struck terror into the hearts of corporate wrongdoers:
The Justice Department has reached more than a dozen business-related settlements since the presidential election, with more in the pipeline for January, prompting lawyers and interest groups to assert that companies are seeking more favorable terms before the new administration arrives.
....A review of 15 agreements involving corporations since early November suggests that much of the alleged misconduct dates back five years or more, provoking questions about why the cases took so long to mature and why resolutions are coming with only weeks left in President Bush's term.
"What they obviously are trying to do is take advantage of an administration that's deemed to be more friendly to business," said Cono R. Namorato, a Washington defense lawyer who ran the Internal Revenue Service's office of professional responsibility earlier in the Bush administration. "I know of no tax reason for doing it now."
This is good news. It means that real corporations, with real money at stake, think that Obama's unity talk isn't worth banking on. When push comes to shove, they really do think he's going to drive a harder bargain than the Bush administration when it comes to dealing with charges of corruption, pollution, and overcharging.
Good.
Yay!
Overcharging?? I don't think you really have any idea what you're talking about half the time.
See, the markets do work in aggragting and signaling the views of wealth holders.
In a way this development is similar to the guns flying off the shelves of gun dealers since the election. A lot of Republicans believe their own propaganda.
Ron Byers >"...A lot of Republicans believe their own propaganda."
It's called projection. It is what they do & it defines what & who they are.
Same as six year olds do.
"...It's the end of the world as we know it and I feel fine..." - REM
"...they really do think he's going to drive a harder bargain than the Bush administration when it comes to dealing with charges of corruption, pollution, and overcharging."
The only thing they know for sure is that he won't give them a better bargain.
Why is this good news? Are these settlements really due to companies seeking them, or is the outgoing administration having a fire sale and handing out generous settlements? After all, some people will need new jobs in a few weeks.
Always good to weed out corruption. Time they got started on illegal migration. Oops, my mistake. Hispanics vote Democratic. Business as usual.
Promoting unity in national goals and aspirations as Obama has encouraged has nothing to do, as far as I can see, with fighting corruption and winning important DOJ cases.
A lot of Republicans believe
tagged as:- solution
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A lot of Republicans believe their own propaganda."
tiffany jewelry
tiffany and co
It's called projection. It is what they do & it defines what & who they are.
Same as six year olds do.