Posted on 07/09/2002 9:34:05 AM PDT by Quilla
Middletown Sen. Hillary Clinton said yesterday during an appearance at Middletown's Paramount Theatre that neither the Bush administration nor the Securities and Exchange Commission has "shown much leadership" during recent corporate accounting scandals.
"I don't think it is adequate to just say there are some bad people and that we're going to go after them," she said. "People depend upon our market to be transparent."
She did not, however, specifically call for the resignation of SEC chief Harvey Pitt.
Clinton pointed to the origin of current rules during the Great Depression and said the laws need to be updated for the global and Internet economy of the 21st century.
"We need to go further than enforcing the laws that we've got because I don't think the laws are necessarily adequate," she said. "Human nature hasn't changed in 60 or 70 years. It hasn't changed in a million years. We have got to stay ahead of all those natural impulses people have to take advantage of each other."
You know about those impulses first hand, don't you, Hillary?
People view her each and every utterance on ANY topic through the prism of partisan squabbling. Therefore, people tend to disregard her statements like this one.
Conversely, Bush's STRONG suit, is his BI-partisanship, which he has tenaciously stuck to. When Bush gets mad at something, people's ears perk up because he so rarely criticizes anyone. He has mastered the art of saving his ammo till he sees the whites of their eyes. As time has gone by, I've learned to appreciate that more and more.
H.A.R.P.Y.
Was Soros in on that at all?
Records and reports of federal regulators show a Chicago-based commodity trading firm, LFG, did not keep proper records and did not conduct "due diligence", an industry term meaning accurately determining who exactly are, in fact, their clients and where they actually are located. [The full title of the firm is since about 1999, REFCO-LFG Division, 111 W. Jackson Blvd.,17th floor, Chicago IL 60604; (312) 441-6000. REFCO started out as an obscure cattle-trading firm, Arkansas and elsewhere, and became a giant futures trading firm based in Chicago. They reportedly "bought" early in her career Hillary Rodham Clinton by arranging a hundred thousand dollar "profit" on a few dollar transaction. They have repeatedly somehow escaped full scrutiny and punishment in a variety of scandals; the silver scandal of the early 1980s; the soybean and currency scandals in Chicago of 1989-1992, where a number of "no clout" small fry were sent to prison including the "Soybean Ten". REFCO is reportedly a trading front for international financial pirate George Soros who shares corrupt deals with the Rothschilds such as the attack on the British Pound Sterling and the Bank of England, a few years ago. Critics allege REFCO "owns" the federal regulators.
In other words, after her decision to run, le deluge.
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