Monday, November 17, 2008

One thing that Obama can do to promote corporate responsibility

Having the current Congress and administration teach fiscal responsibility to companies would be like Bill Clinton teaching a course on abstinence. The government can and should lead by example. Obama gets to start with a clean slate. If he can keep spending under control and reform the government's accounting practices, that will go a longer way towards reforming Wall Street than any new regulation would.

2 comments:

tim zank said...

Heh,heh,heh....That's funny.

What other fairy tales do you like?

Robert Enders said...

Clinton actually had a balanced budget. Of course, he had a GOP Congress keeping spending out of control. There are two types of fiscal conservatives: Libertarians, and Republicans during Democratic administrations.