67 - Right-Wing Plots To Reverse Post-Enron Anti-Corporate Fraud Reforms, Even Without Control Of Congress

BLAST THE RIGHT

Jack Clark

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4.7 • 2.6K Ratings

🗓️ 9 November 2006

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

Most of you are familiar with the many recent corporate and accounting scandals, with Enron, Tyco and Worldcom among the most notorious.In response to these events, even the right-wing controlled Congress felt compelled to act, and they passed the Sarbanes-Oxley Act of 2002. The Sarbanes-Oxley Act is one of the pieces of legislation that the SEC enforces, with these purposes: truthful disclosure

Transcript

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0:00.0	Readings, this is podcast number 67 of Blast the Right.
0:24.3	I'm Jack Hark from TheRationalRadical.com.
0:27.7	Well, it's not a bad day in the U.S. of A, is it?
0:35.6	I'm breathing a little easier now.
0:37.8	At least one chamber of Congress definitely out of right-wing control, and the other one
0:42.8	maybe as well.
0:44.5	If the Senate is confirmed to be majority Democratic, then I'll give that I was wrong, Hosanna,
0:50.7	that hallelujah shout I promised a couple of podcasts ago.
0:54.9	Even with just the house out of right-wing control, no truly horrific legislation is likely
1:00.2	to come out of Congress, as it would have had the right kept its majority in both chambers.
1:05.7	We'll have to see what the Democrats do about Iraq.
1:09.3	The progressive fight has just begun, and be as certain of this as you are that the
1:15.1	sun will rise tomorrow.
1:17.0	The right-wing can still do plenty of damage, even without being in charge of Congress.
1:22.4	Today, we're going to talk about one such already planned effort by the right to reverse
1:27.5	the post-enron corporate fraud reforms without having to get any new legislation passed.
1:34.0	Well, let's get right into it.
1:36.8	Long-time listeners may have been wondering, where's Rush?
1:40.5	Hasn't it been a long time since I've played one of my favorite clips?
1:44.9	It has been a while, so here it is.
1:47.6	Roosevelt is dead.
1:49.6	His policies may live on, but we're in the process of doing something about that as well.
	...

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