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Al Sharpton on Corporations

Reverend; Civil Rights Activist; Democratic Candidate for President


Corporate misdeeds came from runaway deregulation

Q: Let�s talk about corporate responsibility.

SHARPTON: Anytime you�ve seen, from Enron where thousands of people�s life earnings gone, to now in the midst of record unemployment, the vulgarity of what happened here on Wall Street with $130 million salaries, that that is something the American people need to understand came from deregulation. It came from a social policy set in Washington.

When you have no-bid contractors rebuilding Iraq, if any Democrat holding office in this country had given away those no-bid contracts, they would be in front of a grand jury, probably in court as a defendant. If any Democrat holding office in this country had given away those no-bid contracts, they would be in front of a grand jury, probably in court as a defendant.

This is an absolute issue that should be raised before the American people. Greed and runaway deregulation I think has added to the deficit.

Source: Debate at Pace University in Lower Manhattan Sep 25, 2003

Favors fines when companies export jobs

Q: You�ve talked about punishing companies that move overseas to dodge American taxes. Isn�t that a message that builds walls between the US and the rest of the world economy?

SHARPTON: No. When I say that we should punish companies that go and have offshore corporations to duck taxes, that doesn�t affect our standing with any other country. That affects people like Enron, that had 3,000 offshore companies deduct taxes. That doesn�t hurt other countries, in terms of our enforcement.

Source: Debate at Pace University in Lower Manhattan Sep 25, 2003

People are told to serve country-companies should do same

We have a responsibility to [poor] citizens and we need to make that responsibility our priority before we try and help to accommodate companies that don�t want to stand up for their responsibilities. We�re told the responsible thing to do is serve the country. But if you�re a multi-billionaire, the responsible thing to do is to duck taxes and to try to down-size employment. That�s ridiculous.
Source: Debate at Pace University in Lower Manhattan Sep 25, 2003

Other candidates on Corporations: Al Sharpton on other issues:
Nominees:
GOP: Sen.John McCain
GOP V.P.: Gov.Sarah Palin
Democrat: Sen.Barack Obama
Dem.V.P.: Sen.Joe Biden

Third Parties:
Constitution: Chuck Baldwin
Libertarian: Rep.Bob Barr
Constitution: Amb.Alan Keyes
Liberation: Gloria La Riva
Green: Rep.Cynthia McKinney
Socialist: Brian Moore
Independent: Ralph Nader
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Page last updated: Feb 08, 2010