Political Quotes

On the recordApril 11, 2002
I went to a grade school in suburban Cleveland about a month ago to talk about current affairs, and I asked for a show of hands of about 300 grade schoolers, How many have heard of Enron? Every hand went up. These are first through sixth graders. And then I asked, What do you know about Enron? Some of the sixth graders actually knew there were workers who were cheated out of their pensions. These were sixth graders. I think it is fair to say just about everybody in America knows about Enron, and most adults certainly know about the fact that people were cheated out of their pensions. Everyone in America knows this except some Members in the House of Representatives. It is as if Enron never happened. Mr. Speaker, the bill that we consider today continues special treatment for company executive pension plans at the expense of the employees. It is like Enron never happened. It is just like Enron was some passing fancy, instead of it being symptomatic of something that is wrong at the core of this system, and that is that workers do not get fair treatment. The Miller substitute is the only bill that addresses the inequity between executives and employees. A vote for the Miller substitute is a vote for fair treatment for workers. The Miller substitute would prohibit plans for executives from receiving greater protections under the law than the 401(k)-type plans that employees have.
Said by
Dennis Kucinich
Independent · Ohio

Editor's note · Context

Discussing the implications of the Enron scandal on pension plans during a House floor debate.

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