Gore Bashes Bush Policy
As Cause of Biz Scandals
By JOEL SIEGEL and LEO STANDORA
Daily News Staff Writers
eating what's likely to be the Democratic war drum in this year's elections, Al Gore blamed the nation's economic scandals — from Enron to WorldCom — last night on President Bush's economic policies.
"You see now what it means to have an administration that's that committed to fighting and working on behalf of the powerful, and letting the people of this country get the short end of the stick," Gore told more than 200 supporters at a Manhattan fund-raiser.
It was his strongest attack yet on Bush's economic policies and a preview of the likely Democratic strategy for November's elections.
"What we see now is a lack of confidence in our national economic policy, in the integrity of our accounting system, in the way government is being run," Gore told more than 200 supporters in Lot 61, a trendy Chelsea night spot.
The private companies, he said, "are not telling the truth about their future liabilities so they can shovel money out to executives at the top. That is exactly what the Bush-Cheney tax plan will do. They are misleading the country about the extent of the liabilities they are putting on us ... on you."
Gore also said the Securities and Exchange Commission isn't doing its job, and he called on its chairman, Harvey Pitt, to resign, suggesting Pitt is too cozy with captains of industry.
Original Publication Date: 6/28/02
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As Cause of Biz Scandals
By JOEL SIEGEL and LEO STANDORA
Daily News Staff Writers
eating what's likely to be the Democratic war drum in this year's elections, Al Gore blamed the nation's economic scandals — from Enron to WorldCom — last night on President Bush's economic policies.
"You see now what it means to have an administration that's that committed to fighting and working on behalf of the powerful, and letting the people of this country get the short end of the stick," Gore told more than 200 supporters at a Manhattan fund-raiser.
It was his strongest attack yet on Bush's economic policies and a preview of the likely Democratic strategy for November's elections.
"What we see now is a lack of confidence in our national economic policy, in the integrity of our accounting system, in the way government is being run," Gore told more than 200 supporters in Lot 61, a trendy Chelsea night spot.
The private companies, he said, "are not telling the truth about their future liabilities so they can shovel money out to executives at the top. That is exactly what the Bush-Cheney tax plan will do. They are misleading the country about the extent of the liabilities they are putting on us ... on you."
Gore also said the Securities and Exchange Commission isn't doing its job, and he called on its chairman, Harvey Pitt, to resign, suggesting Pitt is too cozy with captains of industry.
Original Publication Date: 6/28/02
What do you think? Post your comments on our Forums.
Quick Reference MenuNews & ViewsSportsArts & LifestyleClassified_____________________________________Headlines IndexLast Six DaysSearch / Archives_____________________________________Special FeaturesWeatherComicsHoroscopesTraffic_____________________________________CitySearche-The PeopleBanking CenterStock QuotesTV Listings_____________________________________Contact UsAd InfoTech Support