What a load. Given that: (a) the speech occurred in the middle of the day while these guys were allegedly at work; (b) the three major networks all cut away from Bush's speech in the middle of it; I find it hard to believe a single word of this sentence. This is just a bunch of liberal reporters trying to portray tension where none existed.
...the person in charge of these new ace crime-busters would be Deputy Attorney General Larry Thompson, a man who spent virtually his entire career as a private attorney defending white-collar crooks.
This is pretty typical. Almost every district attorney in America started out his or her career as a defense attorney in private practice. You don't walk out of Law School and get elected D.A. And while they appointed, not elected, the same is true for federal prosecutors. The Journal covers enough trials and elections to understand this. Pure bias.
...it's hard to take seriously stringent new accounting principles from a president who explained away his own questionable stock dealings as "a difference of opinion as to how to account for a complicated transaction."
Strange. I don't remember the Journal so concerned about 12 year old allegations against Clinton (cough--Juanita Broderick--cough). And funny how it doesn't matter that BUSH WAS CLEARED IN THIS TWELVE YEARS AGO!!!
The situation couldn't be more serious. Investors are fleeing Wall Street as fast as they can. There is a massive movement of money, and it is draining the markets of capital, the very oxygen that our economy breathes.
You don't suppose they are fleeing precisely BECAUSE of fears that the market will become over-regulated, do you?
Nah.
That can't be. There's never enough regulation in the eyes of an Ithacite.
Ithaca is the City of Evil.
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