Tuesday, October 31, 2006

Enemies of the People at Columbia University?

[Given the massive degeneration of the business ethics of our U.S. corporate leadership and the innumerable instances of their scamming of the public, one must suspect those bent on further corporate deregulation that now only minimally protects us from corporate domination and exploitation of people and politics -- here and abroad. Sad, then, it is to discover that some of the 'deregulators' per the following article have been recently centrally placed in the Columbia administrative structure.

President Lee Bollinger, what kind of university are you creating? One would rather hope that one centered in NYC would be the moral voice challenging such despoliation of the public interest. Are these the types whom you hope will raise the monies to snatch West Manhattanville for Columbia's own economic profit programs in biotechnology? Is Columbia to tip once more from being a community of scholars to a shady business operation?

I hear that the low income minority people living in 3333 Broadway at 135th St. (where anticipatory gentrification in response to Columbia's buy outs is running full force) are now being evicted at the rate of 10 to 12 families a month -- and being replaced by prosperous Caucasians, including Columbia students.

There are many decent people at Columbia who know the rules and perils of the property game. One spoke out in this article. More ought to than simply student protest groups and Spectator articles. However, the hazard to free speech in the private university is that their administrations control faculty salaries and housing, as is very much the case here at Columbia. Such implied threats are a heavy curb on free speech and the academic conscience.

So three cheers for Harvey J. Goldschmid: “It would be a shocking turning back to say only the commission can bring fraud cases,” said Harvey J. Goldschmid, a former S.E.C. commissioner and law professor at Columbia University. “Private enforcement is a necessary supplement to the work that the S.E.C. does. It is also a safety valve against the potential capture of the agency by industry.”

Ed Kent, Columbia Ph.D.]

NY Times, 10/29/06
Businesses Seek Protection on Legal Front By STEPHEN LABATON Two industry groups with close ties to Bush administration officials are hoping to swing the regulatory pendulum in corporate America's favor. http://www.nytimes.com/2006/10/29/business/29corporate.html?th&emc=th

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