Political Quotes

Walter B. Jones: I resent very much the corporate leadership and how they have misled and manipulated the investors, and I hope that…

On the recordJuly 15, 2002
I resent very much the corporate leadership and how they have misled and manipulated the investors, and I hope that there will be a severe price to pay for this action. However, Mr. Speaker, I wanted to come back to the floor tonight to talk about my concerns about the government in their report, which was the '2001 Financial Report of the United States Government.' On page 110, we can see from the chart that they acknowledge in this report that the taxpayers or the government has lost $17.3 billion of the taxpayers' money. My biggest concern is because the taxpayers do not have a choice, they have to pay their taxes at the end of the year, and those us of in Congress, I think we have a responsibility to make sure that the monies of our taxpayers are certainly being protected so there is not a report like the '2001 Financial Report of the United States Government,' that said we have misplaced or lost or cannot reconcile transactions that total $17.3 billion. Mr. Speaker, I actually wrote to Secretary O'Neill on June 6 asking him to please respond to my letter asking questions as to where in the world could this $17.3 billion have gone.
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Walter B. Jones
North Carolina

Editor's note · Context

Addressing corporate scandals and concerns over the 2001 Financial Report of the United States Government.

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