What Business Week magazine calls "the corporate crime wave" shows every sign of worsening, as more major corporations scramble to admit massive deception of investors, looting of pension funds, self-enrichment of top executives, restatement of earnings and giant farewell compensations packages to departing bosses who wrecked their companies to further their own megagreed.
So much of these corporate cesspools are oozing into the public's view that it is difficult to piece them into an understandable reform movement for workers, consumers and investors to support.
The sanitation trucks can't begin to keep up with the spilling garbage of betrayed trust, pillage and plunder of trillions of dollars.
"Is Wall Street Corrupt" headlined Business Week? Inside, the reporters showed the answer to be yes, yes, yes! The founder of the giant Vanguard Mutual Fund, John C. Bogle, declared "Our capitalistic system is in peril," and just started a shareholder-rights group with Warren E. Buffett.
What communism could not do, the big business bosses are doing to the market system and the financial industry. We are witnessing the corporate destruction of capitalism in favor of a corporate state. The law can't save it because the laws are controlled by politicians many of whom are controlled in turn by these same business interests and campaign cash.
So much of these corporate cesspools are oozing into the public's view that it is difficult to piece them into an understandable reform movement for workers, consumers and investors to support.
The sanitation trucks can't begin to keep up with the spilling garbage of betrayed trust, pillage and plunder of trillions of dollars.
"Is Wall Street Corrupt" headlined Business Week? Inside, the reporters showed the answer to be yes, yes, yes! The founder of the giant Vanguard Mutual Fund, John C. Bogle, declared "Our capitalistic system is in peril," and just started a shareholder-rights group with Warren E. Buffett.
What communism could not do, the big business bosses are doing to the market system and the financial industry. We are witnessing the corporate destruction of capitalism in favor of a corporate state. The law can't save it because the laws are controlled by politicians many of whom are controlled in turn by these same business interests and campaign cash.