one of the beauties of being in Congress after September 11 was the Members, Democrats and Republicans, rallying together on behalf of this great Nation. It is regrettable what I have seen in the last 24 hours, the attack on the President relative to the recent corporate scandals. If we want to point fingers and lay blame, we will never solve the problem for the average investors. We will not stabilize the stock market. We will use politics to ruin the economy of this Nation. We can work together as Democrats and Republicans to solve the problem or we can sit here and point fingers. They pat the President on the back relative to the war against terrorism, and then they stab him in the back relative to this war against corporate waste, fraud and abuse. We have a significant problem in America. We need to get to the heart of it. When the chief executive of this Nation lied to a grand jury, it was described as none of our business, that is personal, it does not matter if someone lies before the jury as long as it is about their personal life. Regrettably, what these CEOs are doing is lying to their shareholders. It is equally bad and they should be punished and sent to jail.
Thomas Foley: “one of the beauties of being in Congress after September 11 was the Members, Democrats and Republicans, rallying…”
Editor's note · Context
Addressing corporate scandals and political responses during a speech in Congress.
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Thank you, Speaker Thomas S. Foley, for your service to our Nation. You made the People's House a better place by promoting mutual respect and cooperation.





