Oil executives=Corporate Crime?

B

Buckdodgers

Guest
How come its ok for Shell,Exxon,BP,Chevon and Texaco executives dont face arrests like Enron executives did? So in other words its ok to steal from customers by raising the price of oil up and its not ok to steal from stock holders in the stock market? Seems to me George Bush thinks is ok to steal from average working people who have to pay gas outta their wallets but its not ok to steal from the wealthy who bought stock from ENRON.I think Shell,Exxon,BP,Chevon and Texaco executive CEOs should face the same kind of arrest,Finger printed and thrown in jail just like ENRON CEO executives took.
 
Buckdodgers said:
How come its ok for Shell,Exxon,BP,Chevon and Texaco executives dont face arrests like Enron executives did? So in other words its ok to steal from customers by raising the price of oil up and its not ok to steal from stock holders in the stock market? Seems to me George Bush thinks is ok to steal from average working people who have to pay gas outta their wallets but its not ok to steal from the wealthy who bought stock from ENRON.I think Shell,Exxon,BP,Chevon and Texaco executive CEOs should face the same kind of arrest,Finger printed and thrown in jail just like ENRON CEO executives took.
Click to expand...

I understand where you're coming from. I have a question though, and I'm not disagreeing (or agreeing) at all.

If these execs were thrown in jail, what would the the official law they broke?
 
I read somewhere I cant remember when or what, true we paid alot money on gas and they make billion dollars profits. Since they steal money from us, they should give us back by finding us a different kind of energy to depend on, not on oil. They have money to research and invent some kind of transportation, only one problem we do not have power to tell them to find us another way of using different kind of enegry.
 
Making profits isn't a crime in of itself (heck it is how a business survives). You need to point a specific law that had been broken that merits a criminal charge. Just saying they steal money from us won't do the trick.

Having said that, I agree there has been price gouging big time but the proof is the problem. It is very difficult to get this to stick. The prosecutors need all their ducks in a row and a sympathic jury.

The main problem is the lack of competive alternatives to oil. Until that happens, the stalemate will remain for a while. Don't worry, everybody is looking for alternatives that work and not lock us to just a few suppliers. It will come but it may be painful for a bit like the prices we pay now (yikes!). :eek2:
 
Hmmmm, I do not think any of us in here realizes the true extent of financial shenanigans going on in the corporate world. I was browsing Greg Palast's site and ran across this gem...
http://www.gregpalast.com/detail.cfm?artid=481&row=0
Excerpt from Confessions of an Economic Hit Man

"Economic Hit Men (EHM's) are highly paid professionals who cheat countries around the globe out of trillions of dollars. They funnel money from the World Bank, the U.S. Agency for International Development (USAID), and other foreign 'aid' organizations into the coffers of huge corporations and the pockets of a few wealthy families who control the planet's natural resources. Their tools include fraudulent financial reports, rigged elections, payoffs, extortion, sex, and murder. They play a game as old as empire, but one that has taken on new and terrifying dimensions during this time of globalization.
I should know; I was an EHM..."

As we know, almost two trillion dollars is still missing and unaccounted for by the Pentagon, and by now it shouldn't take a genius to figure out where it went.
I already ordered this book, should be VERY interesting reading.
 
Back
Top