Monday, October 30, 2006

Steaming

Yesterday I bounded out of bed at 6:00 am (I love the fall time change, for that reason, even if it means it get dark earlier) and went to read the Sunday New York Times (yes, I live in LA and only read the NYT--I've been in denial for 4 years).

Imagine my shock and horror when I read this article (I don't think it is behind the timesselect wall), that is about a couple of shadowy groups, involving Bushies, the US Chamber of Commerce, and lots of Wall Street fat cat types, planning an all-out assult on Sarbanes-Oxley and other investor protection rules after the election.

Never mind that SOX WORKS and is POPULAR and that this country may well be rejecting the idiot republicans finally. None of that seems to pose a problem for these guys, because all of this burdensome regulation is harming American business' competition (read: it is getting harder for us to rape our companies for every last penny).

And they are trying to limit liability (i.e. the only leverage we the people have over these fuckers) both civil liability and criminal liability. They think the jail sentences getting handed out to their friends are too harsh (but they vote for law and order republicans who have no problem locking up and throwing away the key on young black men who commit minor drug crimes. And they vote down tax increases that would fund education and health iniatives that might possibly give those guys some other way to earn a living and salvage some dignity.)

Now the really funny thing is that a member of one of these groups paid for my dissertation...

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