Unfortunately, WorldCom is not the only company caught up in this kind of accounting scandal. The impact this will have on the general public is yet to be seen.
Any successful nominee should possess both the temperament to interpret the law and the wisdom to do so fairly. The next Supreme Court Justice should have a record of protecting individual rights and a strong willingness to put aside any political agenda.
Now, we are seeing many of these same companies face the truth about their financial standing. Congress is faced with the challenge of reforming our accounting industry and holding corporate executives responsible for their actions.
Medicare debates in Congress should result in better Medicare benefits for all our nation’s seniors. We’re not asking for special treatment for rural America, just a fair deal.
Rather than squander the surplus on tax breaks for the rich, we should add a prescription drug benefit to the Medicare program, shore up Social Security, fortify our defense, provide a quality public education and offer economic assistance to rural areas.
