Remember Enron

Have you wondered about Governor Romney’s 59-point plan to perk up the economy? Well you should wonder and you should beware.

For just one example, under “Cutting Red Tape” he would amend Sarbanes Oxley. If you have forgotten, Sarbanes Oxley strengthens accounting standards and offers other investor protections. It was passed in 2002 in order to stop the flood of corporate scandals, which included fuzzy math and accounting. Think Enron, Tyco, and World Com.

Governor Romney would like to bring back the free wheeling, uncontrolled, greed-fueled corporate world which his party’s policies supported to bring on our current recession.

And by the way, Sarbanes Oxley is named after its sponsors, Senator Paul Sarbanes, a Democrat from Maryland, and Representative Michael G. Oxly, a Republican from Ohio. Remember the good old days when the parties would work together to solve our nation’s problems?

To submit a comment on this article, email or visit our Facebook page. To submit information to a reporter, email

event calendar sponsored by:

Volunteers in Policing Is Looking for 10 Good Men and Women

An eye-opening volunteer program at Santa Barbara Police Department.

Alvarado and Ford File for School Board

Mark M. Alvarado and Kate Ford registered to run for the Santa Barbara Unified school board.

Thousands Received DACA Relief After Lawsuits Filed

Renewal applications have totaled 117,446 since program suspension was overturned.

Bank Robbery Suspect Kills Self in Bathroom

[Update] The suspect in the Goleta Rabobank robbery has been identified as Keith David Goodwin, believed to ...

News-Press’ Found to Owe Union and Employees $2.2 Million

National Labor Relations Board puts money amount on employee losses since 2006.