"I'm calling for a new ethic of personal responsibility in the
business community; an ethic that will increase investor confidence,
will make employees proud of their companies, and again, regain the
trust of the American people." President George Bush, while
speaking on corporate responsibility, July 9, 2002There is so
much corruption around and again I have a subtle smile, as I recall
the business gurus telling us how to learn to live with ambiguities
while these same gurus along with their corporate and political
friends would make the tough decisions at the right time and at the
right place and at the right price, and in a cyclical and
inconsistent never ending fashion. Where is consistency anymore?
These gurus have erased the word 'consistency' from our vocabulary
and now we must all live with the ever changing ambiguities dictated
by the gurus, corporate people, politicians.
We have guru Jim Rivait, vice-president of the Insurance Bureau
of Canada, telling us that the auto-insurance industry cannot afford
a Tort system and therefore he strongly supports No Fault Insurance
with no regard for the faulty party and with no regard of pain and
suffering. But the role of insurance is to satisfy consistently a
social need and not to satisfy the interest of the corporate
industry.
Lorie Terry, spokesperson for the Saskatchewan Coalition Against
No Fault, rebuts Rivait's contention that the Tort system would
create a financial crisis and referring to the Saskatchewan
insurance experience she says that the industry is fudging the books
"It's a financial crisis of their own making. They are
basically claiming the sky is falling, yet that was, and is, not
the case at all. They won't open their books to prove their
statements, but they expect us to believe they are in (a state
of) crisis."
Health care gurus have been maintaining that health care is
underfunded and this would be a reasonable justification when we
consider the level of downsizing and privatization of governments.
But we have been following the management of health care in
Saskatchewan for some years and we have been always of the opinion
that health care was run by a bunch of incompetent tin pot dictators
and inconsequential boards serving the interest of their business
friends rather than the health of people.
As our federal government downsized to greatness so health care
tin pot dictators along with the provincial governments were able to
hide their incompetence and shout that the health care was
underfunded. Again, the 'sky is not falling' in health care and a
recent study conducted by University of Waterloo political scientist
Gerard Boychuk concludes that
"the existence of a fiscal crisis of health care in Canada
is not evident in current expenditure patterns; however, public
beliefs that there is a funding crisis in health care are,
nonetheless, real."
Who are the worst enemy of health care? They are our own
governments, their corporate friends and health care tin pot
dictators.
Two and half years ago I realized the many lies being told by
then Saskatchewan Economic Development Minister Janice MacKinnon and
I concluded that
"we can only trust ourselves, and in this state of social
confusion and deception it is even hard in doing that."
Friday, Linda Williamson of the Toronto Star reaches the same
conclusion "trust no one" as she refers to
- the invoking of the Fifth Amendment by Canadian Bernard
Ebbers, former CEO of WorldCom, while asked to testify to a US
Congressional committee in regard to the fraudulent accounting
of some $4 billion assets by WorldCom; and
- our Canadian civil servant Chuck Guite who refused to answer
questions to members of parliament while being questioned in
regard to his involvement in dispersing millions of public
dollars to friendly advertising agencies.
The sky is truly falling, and we are talking about the highest
ever level of corruption of Corporate (North) America. Listen to
these few stories.
- President George Bush gets a loan from Harken Energy, uses
this loan to buy shares of this same corporation, and sells
these shares before Harken's shares collapse;
- Vice-President Dick Cheney is accused of corporate fraud and
Judicial Watch launches a lawsuit against him;
- and aspirant Canadian Liberal leader Frank McKenna preaches
peace on earth and joins the Carlyle Group, an extension of the
Bush family and one of the world's largest investment firms
making a mint inside "the iron triangle" of defense, government,
and industry.
References
Pertinent article published in Ensign
Insurers warn of soaring premiums: Tort system will result in
runaway costs, industry says Scott Foster, The StarPhoenix,
Saskatoon, July 09, 2002
Health crisis 'not evident,' study suggests Brian Laghi, July 10,
2002, The Globe and Mail
Don't trust statistics, don't trust Honourable MacKinnon, trust
yourself Mario deSantis, February 11, 2000
A modern mantra: Trust no one Linda Williamson, July 11, 2002,
Toronto Sun
Bush: Don't do as I did. President's proposals would bar type of
loans he got from Harken Energy, reports say. CNN/Money, July 11,
2002 http://money.cnn.com/2002/07/11/news/bush_loan/index.htm
Memos: Bush knew of Harken's problems Contrary to the president's
statements, company memos show he knew the firm was headed for
trouble. Anthony York, July 12, 2002, Salon http://www.salon.com/politics/feature/2002/07/12/harken/index_np.html
The Insider Game Paul Krugman, July 12, 2002 The New York Times
http://www.nytimes.com/2002/07/12/opinion/12KRUG.html
Cheney accused of corporate fraud BBC News, July 10, 2002 http://news.bbc.co.uk/hi/english/world/americas/newsid_2119000/2119981.stm
Fraud Inc. CNN/Money http ://money.cnn.com/news/specials/corruption/
McKenna fetes business elite, Moncton, N.B.: George Bush Sr.
keynote speaker as investors meet entrepreneurs Richard Foot,
National Post, July 10, 2002
Carlyle's way: Making a mint inside "the iron triangle" of
defense, government, and industry Dan Briody, January 8, 2002 Red
Herring Magazine http://www.redherring.com/vc/2002/0111/947.html
The Axis of Corporate Evil In what appears to be an attempted
corporate takeover of America, the same names keep coming up time
and again. HereInReality.com http://www.hereinreality.com/news/axis.html |