Thursday, November 23, 2006

Populism's Revival

Yer Gawd damn right!
Finally, somebody is hearing us.

You'll also find inaction -- a wholesale abandonment of the tradition of public investment that, in earlier periods of our history, from the Louisiana Purchase to the G.I. Bill and the Higher Education Act of 1965, earned the United States the right to honestly call itself a land of opportunity.

You'll find bipartisan complicity at many points along the way -- in the spring of 1994, for example, when virtually the entire U.S. Senate, with Democrats Joseph Lieberman, Barbara Boxer and Charles Schumer waxing especially indignant on Corporate America's behalf, shot down a proposal to clean up the accounting rules for stock options, thus setting the stage for the backdated-options scandal that has so far implicated the directors and executives of more than 120 companies.


Populism's Revival

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