Bush Live - Speech on Corporate Responsibilty

MSNBC

[Sub-Driver]

Says Fraudulent CEOs Should Lose All Compensation

[Mo1]

I mean, come on, Kennedy on ethical and moral behavior?? Geez...I'm practically peeing in my pants right now.

Oh now I am mad .. they turned Leahy and Kennedy off ... I was just starting to enjoy this

[Wphile]

I KNOW!! That's what is SOOOOOO amazing. Boy, maybe we are really witnessing the destruction of the Democrat party? Wouldn't that be grand.

Leahy and Kennedy....ROFLMAO!!!

[Wait4Truth]

We hold them accountable by emails, phone calls, boycotts and by coming out in force to vote for Republicans in November and for the President in 2004. I am fed up and I've been driving Miss Marple crazy with my whining! LOL!

[TLBSHOW]

http://www.whitehouse.gov/news/releases/2002/07/20020709-2.html


Executive Order Establishment of the Corporate Fraud Task Force





By the authority vested in me as President by the Constitution and the laws of the United States of America, and in order to strengthen the efforts of the Department of Justice and Federal, State, and local agencies to investigate and prosecute significant financial crimes, recover the proceeds of such crimes, and ensure just and effective punishment of those who perpetrate financial crimes, it is hereby ordered as follows:

Section 1. Establishment. The Attorney General shall immediately establish within the Department of Justice a Corporate Fraud Task Force (Task Force). Without regard to any other provision of this order, the Task Force shall be subject to the authority of the Attorney General under applicable law.

Sec. 2. Membership and Operation. Subject to section 4 of this order, the Task Force shall have the following members:

(a) the Deputy Attorney General, who shall serve as Chair;

(b) the Assistant Attorney General (Criminal Division);

(c) the Assistant Attorney General (Tax Division);

(d) the Director of the Federal Bureau of Investigation;

(e) the United States Attorney for the Southern District of New York;

(f) the United States Attorney for the Eastern District of New York;

(g) the United States Attorney for the Northern District of Illinois;

(h) the United States Attorney for the Eastern District of

Pennsylvania;

(i) the United States Attorney for the Central District of

California;

(j) the United States Attorney for the Northern District of

California;

(k) the United States Attorney for the Southern District of Texas;

and

(l) such other officers or employees of the Department of Justice as

the Attorney General may from time to time designate.

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(OVER)

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The Deputy Attorney General shall convene and direct the work of the Task Force in fulfilling all its functions under this order. The Deputy Attorney General may permit, when he deems it appropriate, the designee of a member of the Task Force, including those designated under section 4 of this order, to participate in lieu of the member. The Deputy Attorney General shall convene the first meeting of the Task Force within 10 days of the date of this order and shall thereafter convene the Task Force at such times as he deems appropriate.

Sec. 3. Functions. Consistent with the constitutional authority of the President, the authorities assigned to the Attorney General by law, and other applicable law, the Task Force shall:

(a) provide direction for the investigation and prosecution of cases of securities fraud, accounting fraud, mail and wire fraud, money laundering, tax fraud based on such predicate offenses, and other related financial crimes committed by commercial entities and directors, officers, professional advisers, and employees thereof (hereinafter "financial crimes"), when such cases are determined by the Deputy Attorney General, for purposes of this order, to be significant;

(b) provide recommendations to the Attorney General for allocation and reallocation of resources of the Department of Justice for investigation and prosecution of significant financial crimes, recovery of proceeds from such crimes to the extent permitted by law, and other matters determined by the Task Force from time to time to be of the highest priority in the investigation and prosecution of such crimes; and

(c) make recommendations to the President, through the Attorney General, from time to time for:

(i) action to enhance cooperation among departments, agencies, and

entities of the Federal Government in the investigation and

prosecution of significant financial crimes;

(ii) action to enhance cooperation among Federal, State, and local

authorities responsible for the investi-gation and prosecution of

significant financial crimes;

(iii) changes in rules, regulations, or policy to improve the

effective investigation and prosecution of significant financial

crimes; and

(iv) recommendations to the Congress regarding such measures as the

President may judge necessary and expedient relating to significant

financial crimes, or the investigation or prosecution thereof.

Sec. 4. Additional Participation for Specified Functions. In the Task Force's performance of the functions set forth in subsection 3(c) of this order, and to the extent permitted by law, the following officers of the executive branch shall be members of the Task Force in addition to such other officers of the Federal Government as the Deputy Attorney General deems appropriate:

(a) the Secretary of the Treasury;

(b) the Chairman of the Securities and Exchange Commission;

(c) the Chairman of the Commodities Futures Trading Commission;

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(d) the Chairman of the Federal Energy Regulatory Commission; and

(e) the Chairman of the Federal Communications Commission.

Sec. 5. Internal Management Purpose. This order is intended to improve the internal management of the Federal Government. This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or equity or otherwise against the United States, its departments, agencies, entities, instrumentalities, officers, or employees, or any other person.

Sec. 6. Termination. The Task Force shall terminate when directed by the President or, with the approval of the President, by the Attorney General.

GEORGE W. BUSH

THE WHITE HOUSE,

July 9, 2002.

# # #

[Lee_Atwater]

The intention to sell form is more important (I think it is Form 144). GWB was late on the after sale form. It is not a violation the SEC is going to make into a large problem.
My Grandpa was on a bank board and he divested after the bank was merged with another, he filed the 144 but neglected the sale confirm form. The SEC just calls and asks for the form to be completed, no big deal.

[Grampa Dave]

It is simple about the attacks by the Rats and why it is happening.

Now that we are not in any big time war action, the left wing maggots who control the liberals, the NY Slimes, DC Compost, LA Slimes and CNNCBSNBCABCSPANCNBC are in full frontal attack on GW.

They have insider polls and focus groups that show that the Rat positions since 9/11 are not going over with the American people except for the left wing sheeple and their buddies the third party losers. The third party losers are losing membership, followers and money, so they will be even worse in their attacks on GW.

They are in full Panic Attack and will be until we start some heavy duty PreEmptive Strikes against the Islamic Thugs of Iran, Iraq and Syria.

Just look at what Je$$e and his black racist bozos have said about President GW this week.

They can't beat him politically, so they are trying to lynch him electronically and in their Fish Wraps.

Re your comments about the NY Slimes in another reply. They are incapable of printing the truth. They print outrageous lies about GW, and no one but us holds them responsible. The NY Slimes has been the real brain trust of the Rats since they got FDR elected.

They will do anything to trash GW and to get rid of him. They are the ringleaders in this current Trash GW 24/7 parade of Bozos!

[Cogadh na Sith]

You would never be happy with anything that GW says.

This is why your political choices are big time losers!

You are surely mistaking me for someone else. I worked for Bush's campaign here in my state. He was my political choice.

Now, by his own statements and actions, we are not at war with Islam, we are at war with CEO's and political speech 60 days from an election.

Do you see the nature of my discontent?

[Dales]

Depends.

An EO that instructs the Executive branch on how they are to go about what they are charged with doing by laws passed by Congress is a proper, constitutional thing.

An EO that instructs the Executive branch to act as if a law passed by Congress doesn't exist, or exists in a different form than as passed by Congress, or creates a law that Congress did not pass, is not.

Clinton did the latter, with alarming regularity. Reading the EO above, I don't see where he has, with a stroke of the pen, appropriated what the constitution says i the domain of Congress. As such, I don't have any problem with this EO at first glance. I'll have to read it more carefully later though.

[ClancyJ]

I like your ideas of holding the press accountable. Lies are exposed as lies and the one putting them on the air is exposed as not verifying their news info. How to do it is the question.

[rintense]

Oh this will send shockwaves through my company for sure...

[jwalsh07]

Rush needs a tuneup on either his cochlear implant or his reflexes. He is failing miserably. Having read the transcript, Rush is not only in right field, he's in right field in a totally different ballpark than where the game is being played.

[rintense]

She will be cropped out of the daily dose, that's for sure.

[Wait4Truth]

I have my doubts that Brown meant Dobb's comments about clinton. Brown refuses to accept the fact that this began under clinton's watch. He is a real leftist gasbag and fits in with CNN just perfectly. I'm sure that's why they had HIM emcee the President's speech. Then he invites 3 liberals on to criticize President Bush. The only clarity available for the past 2.5 hours was from Lou Dobbs and Brown quickly shut him down regarding his clinton comments.

[mombonn]

I agree with you about Rush. I gave up my lunch hour walk with Rush just after the Presidential election, and turned into a prayer walk.

The Lord is a much better companion.

[Howlin]

Sometimes it IS funny; I wish you could have heard them the day they showed the film of the father of that suspect in the Utah missing girl case; he was topless and they were like, "Dude, it's TV, put on a shirt!"

[Lee_Atwater]

I'll take your word for it, Dales. So the point was bad ethics were the first problem.

[ClancyJ]

We had Harken stock then. My husband refused to sell always optimistic that their longshot drilling in the Middle East in uncharted areas might hit pay dirt. It was a gamble pure and simple. There was no manipulation - the stock would have gone great if the sites had proven productive.

[BlueAngel]

Rush is probably reading this thread.

Everyday I start out listening to him, thinking maybe he'll be like before, but I always end up having to turn him off.

[justshe]

I listened specifically for this point, and you are correct. Would I have liked it better if GW had made the connection to the ethics of the WH influencing the ethics of certain companies in the 90's? Yes. BUT...that is NOT GW's style. And from a political stand-point, he is probably correct. He certainly minimizes exposure to being accused of being a Dem basher and thus losing credibility...and hence increases his stature and believability across the political spectrum. Even when I want him to go for the jugular by NAME, he is charting a wiser course, imo.

[Carolinamom]

Just a suggestion: Have a daily hall of shame of presstitutes and their lies.....followed by the true facts. Then a weekly list etc. continuously running. This would provide grist for our emails to their employers and to Congress.