Tact Free

• What happened to the reforms that were promised after the Enron fiasco? Also, why the President believes that without these reforms social security would be better managed by investing in the insecure stock market

The New Republic magazine published an article that discusses some of the accounting issues that has and will probably continue to plague the stock market. The article details how the Justice Department pretty much has given the auditing companies carte blanche to continue screwing the investors. It appears that we would have done better trusting our retirement dollars with Las Vegas bookies.

I wonder how long the Bush admin and their media flackeys will continue their abuse of the Supreme Court and any number of judges that attempt to uphold the law. This is obviously a Carl Rove tactic: sling enough mud and it'll eventually stick. In this case they are using the Wall Street Journal as their shill. Clever, huh?

I always thought the WSJ editorials were a hoot and try any time I can to read them when I need a good laugh. I missed this one. So, read on.....

# posted by The Blog @ 1:25 PM