Political Quotes

On the recordJuly 10, 2002
I heard what President Bush had to say, but I also want to say to the Bush administration, we have to get tough. I say that we have to get tough because when we see what has happened with Enron and Global Crossing and WorldCom and all the others, we have a double standard in this country. If the average rank-and-file employee of Enron had stolen the trust funds of the top management, they would already be in jail today. I do not think there is any doubt about it. But where are the top management of these corporations? They are still living in their fine homes as if they have done nothing wrong and business is as usual. We cannot let that happen in America. Our entire economic system is based on faith, confidence and trust. That is what is important in America, and that is what the people of America want. That is what the people of Tennessee want. I travel all over the State of Tennessee and I hear them talking about it. We need to do something about it now. Support the Sarbanes language. That is a lot tougher than what we passed in the U.S. House of Representatives.
Said by
Bob Clement
Tennessee

Editor's note · Context

Addressing corporate accountability and the need for tougher regulations in light of financial scandals.

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