I come to the floor in anger and outrage about the corporate scandals that we have seen in the newspapers over the last several months. I am outraged about Enron, Martha Stewart's insider trading, Global Crossing and the other companies that are demonstrating a lack of good faith in the free enterprise system, which I support. I stand in strong support of free enterprise and small business and giving every American worker the opportunity to move up the economic ladder. I commend what President Bush stated yesterday in his efforts to root out corporate corruption. If we support free enterprise, we want to clean out the bad apples. Unfortunately, the greed of the 1990s has come home to roost. Mr. Speaker, the House has acted. In April the House of Representatives passed accounting reform. Earlier this year, the House of Representatives passed pension reform to protect the pensions of American workers. Unfortunately, the Senate is only today beginning to act. My hope is the House and Senate can work quickly together to pass accounting reforms, pass legislation to protect America's pensions. It is time for real reform.
Editor's note · Context
Addressing corporate scandals and the need for reform during a speech on the House floor.
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