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Originally posted by SpaceAce
Except for Waste Management, I believe those were all since 2001.
Stable and healthy companies don't cook books like that because... they are stable and healthy and don't need to. The fact that they haven't completely collapsed _yet_ doesn't mean they can't or won't. Those examples are merely symptoms of the larger problem.
Yes, there has been a shift toward more stringent laws, recently. Let's face facts, though, that's is 100% last-minute ass-covering or those laws would have been in place decades ago.
Of course business provides any country with their GNP. So what? They generate money so they can be excused for whatever they choose to do? Baloney. That's is an <B>extremely</B> weak attempt at knocking my argument aside and I think you know it. Who benefits the most when these companies are pulling this shit? It isn't the bottom-rung grunts. They don't taste the big money or the benefits. At best, they get to keep a job. Who suffers the most when these precarious financial card-houses come down? The same bottom-rung grunts that didn't benefit while the company was getting away with it. The worker gets it in the shorts while the people who were perpetrating all the book cooking and illegal trading float away on golden parachutes. Do you really believe those people are going to be punished adequetly? Not a chance. They'll get some of the mid-high level management and the real skunks will move to Belize or keep the cases tied up in court until they die in the hut tubs of their $20,000,000 mansions.
SpaceAce
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There have been some bum deals. There always has been, and there always will be. I maintain that in general whatever is good for business, is good for America (of course with checks and balances). This includes the oil companies. These "robber baron" oil companies have, to the best of my knowledge, provided Americans with the cheaptest prices for our gas guzzling vehicles, and home fuel, etc. in the entire Western Industrialized world. I am not one that subscribes to Massivecocks NWO and the sky is falling. The USA has its problems but the end is not near. Is the reason for the invasion of Iraq based partly, or maybe even majoritively, because of Oil? It may be, but there are many other important reasons for invading Iraq. If it were only about the oil I still would not have a problem with taking control of Iraq, because it puts the US in a position to take control of the rest of the oil fields in that area, if we feel the need, and as the world oil supplies dwindle, we may feel the need. I want America to remain the richest and most powerful nation on the Earth and I really do not care whose toes may be stepped on.