today, President Bush gave a major speech on corporate responsibility. He tells us he is going to get tough on those who have misled and defrauded shareholders in violation of Federal law. This could be a tough sell, considering the President's own record as a businessman. Yesterday, the President was still trying to explain why, in violation of Federal law, he failed to report his 1990 sale of $850,000 worth of stock in a Texas-based energy company just weeks before its value plummeted. Earlier he said he thought the regulators lost the documents. Last week, the White House owned up and blamed it on Mr. Bush's lawyers. Yesterday, President Bush gave maybe the most plausible explanation. He said, I still haven't figured it out completely. He hasn't figured out how he made $850,000 in a probably illegal stock sale. As the President spoke in New York today, I thought of the words of a civil rights leader who said, ``Don't tell me what you believe. Show me what you do; I will tell you what you believe.''
Editor's note · Context
Addressing President Bush's speech on corporate responsibility and his business record.
Share
More from Sherrod Brown
Mr. Speaker, I am a proud Virginian. Virginia is the birthplace of American democracy. It is also the birthplace of American slavery. From the beginning of this country, we have been on the right side of history and the wrong side of…
I thank Congressman Ivey for organizing this Special Order hour. Mr. Speaker, I rise in support of more than 9,000 Federal workers in my district and their dedicated colleagues across the country. Make no mistake, Mr. Speaker. President…
wildfires are a significant threat to rural communities, and I support efforts to bring down the cost of forest treatments that would help protect these communities. This amendment, though, just uses those rural communities as a prop in…





