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Bush Legalizes Corporate Enronism, Further Whittling Away At the Floodgates Protecting America from Dark Times

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Now, Dubya and his spy chief surrogate John Negroponte can "excuse" publicly held corporations (like Enron) from their responsibility to accurately report their financials. It's just another whittling away at the safety measures built over the past 200+ years to make Americans safer. Bush and the congressional Republican and Democratic enablers are making the US a less and less safe place to live, healthwise, exploitationwise, commercewise, environmentally, in dealing with natural disasters. But the majority still believes Bush can protect us better from terrorists. What a joke.

It's official. Corporations can now be granted permission by Bush's Intelligence czar, John Negroponte, to keep finances secrets. Negroponte can hand them permission to no longer disclose the accounting information that has historically been required, so investors can make informed decisions. This is all about accountability.

The Bush/Republican mob has been looting the nation, gifting the assets and resources to favorite corporations, unleashing these rabid, sociopathic dogs freeing them from the laws and regulations that have prevented them from abusing their corporate powers as immortal, in many ways exempt from law legal "persons."

This latest attack on the integrity and trustworthiness of America herself was a stealth move, according to a Business Week article
President George W. Bush has bestowed on his intelligence czar, John Negroponte, broad authority, in the name of national security, to excuse publicly traded companies from their usual accounting and securities-disclosure obligations. Notice of the development came in a brief entry in the Federal Register, dated May 5, 2006, that was opaque to the untrained eye.

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Unbeknownst to almost all of Washington and the financial world, Bush and every other President since Jimmy Carter have had the authority to exempt companies working on certain top-secret defense projects from portions of the 1934 Securities Exchange Act. Administration officials told BusinessWeek that they believe this is the first time a President has ever delegated the authority to someone outside the Oval Office. It couldn't be immediately determined whether any company has received a waiver under this provision.


An Emerging Strategy; Whittling
The right wingers who Bush serves, supports, owes his allegiance to and pays have a plan. They are dismantling centuries of laws, regulations and protections designed to make the US a safe, fair place for citizen, workers, investors... and now, as Bush's lame duck status ripens into a weaker, less influential, ever more under challenge, it appears that he is grabbing at as many opportunities to sneak in, to insert policies, to dismantle regulations, neutralize or eliminate laws that career legislators spent their lives achieving.

America is under attack. These right wing surrogates of both transnational corporations with no loyalty to the US and relgious extremists who also have no loyalty to the nation are happily taking all they can get from Bush and the congressional Republican enablers who are protecting and guarding his assaults on America's legal, commercial and judicial infrastructure. This particular whittling away at a law that is a key, taken-for granted aspect our national protection was discovered. But how many more secret amendments, notes, and changes have been entered into law by the devious, dishonest team of criminals who advise Bush on how to play games with the law. These are deadly games that will massively affect the lives of people in this country. These whittlings on our rules, our values (torture, imprisonment for years without access to justice, warmongering, theofascism...) our principles are like cuts in the barc at the base of a tree. Cut it enough and you kill the tree. These thousands of cuts are killing America, not just here at home, where millions go without health care, living in poverty even while working, but also abroad. The traitors who are more loyal to corporations and religious organizations (not god, religious operations, run by men, operated by men perpetrating sexual abuse, lies and propaganda, enabling racism, slavery, torture and murder) have already pretty much destroyed America's reputation has a noble nation supporting fairness, democracy, honesty and integrity. Now, the US is seen, as it should be, as the venal, crooked, predatory, corporation controlled monster that it has become-- a warmongering, incredibly dangerous, deadly bringer of death and destruction, opposing the light of science.

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America has been turned into the handservant of the underworld gods of darkness. If Bush and those he serve are not stopped, the US could drag the whole planet into a time of darkness that could make the dark ages seem like a light and fluffy era. Maybe he'll start a nuclear war. Maybe he'll just destroy the value of the dollar. Maybe he'll run our economy into the ground as nations, no longer considering themselves loyal friends, as Bush betrays them, start seeing ways to band together to protect themselves from the rogue US nation.

We know that this ability of presidents to give corporations permission to fudge their books has been around. We need to know the history of this mistaken law. Will Bush report that he gave Enron's Ken Lay permission to fudge the books? Will Bush use this as a blanket tool for protecting all the sweetheart deals, all the no-bid contracts he's put together.

I hope that Businessweek and other mainstream media, with the resources, will submit freedom of information requests to find out how many times the right of the president to excuse publicly held corporations from disclosing their full financial records has been exercised.

We have no reason to trust Bush or his surrogate, Negroponte, to be an honest user of this "law." We have plenty of reasons to distrust Bush, to expect that he will almost certainly abuse the law.

Tell your local paper to make this a front page story. Tell your legislators to pay attention to this and do something about it.

 

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Rob Kall is an award winning journalist, inventor, software architect, connector and visionary. His work and his writing have been featured in the New York Times, the Wall Street Journal, CNN, ABC, the HuffingtonPost, Success, Discover and other media. 

He is the author of The Bottom-up Revolution; Mastering the Emerging World of Connectivity scheduled for release May 22, 2019

He's given talks and workshops to Fortune 500 execs and national medical and psychological organizations, and pioneered first-of-their-kind conferences in Positive Psychology, Brain Science and Story. He hosts some of the world's smartest, most interesting and powerful people on his Bottom Up Radio Show, and founded and publishes one of the top Google- ranked progressive news and opinion sites, OpEdNews.com

more detailed bio: 

Rob Kall has spent his adult life as an awakener and empowerer-- first in the field of biofeedback, inventing products, developing software and a music recording label, MuPsych, within the company he founded in 1978-- Futurehealth, and founding, organizing and running 3 conferences: Winter Brain, on Neurofeedback and consciousness, Optimal Functioning and Positive Psychology (a pioneer in the field of Positive Psychology, first presenting workshops on it in 1985) and Storycon Summit Meeting on the Art Science and Application of Story-- each the first of their kind.  Then, when he found the process of raising people's consciousness and empowering them to take more control of their lives  one person at a time was too slow, he founded Opednews.com-- which has been the top search result on Google for the terms liberal news and progressive opinion for several years. Rob began his Bottom-up Radio show, broadcast on WNJC 1360 AM to Metro Philly, also available on iTunes, covering the transition of our culture, business and world from predominantly Top-down (hierarchical, centralized, authoritarian, patriarchal, big)  to bottom-up (egalitarian, local, interdependent, grassroots, archetypal feminine and small.) Recent long-term projects include a book, Bottom-up-- The Connection Revolution, debillionairizing the planet and the Psychopathy Defense and Optimization Project. 

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