Al Sharpton on Corporations Reverend; Civil Rights Activist; Democratic Candidate for President

Corporate misdeeds came from runaway deregulation

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.

Favors fines when companies export jobs

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.

People are told to serve country-companies should do same