Updated

Can you make a creep, honest? A devil, a darling? A scum-bucket, a saint?

It's not easy, but some in Congress are giving it a try. With the best of intentions, they're setting out to essentially legislate morality.

I say it can't be done. You can't make a con man a good man. Even if you make laws to make the con man a good man, what about the other good men and women? Suddenly they're shackled with new rules and regulations to prove they're good men and women.

But now these good men and women are submitting to a lot of paperwork and subjecting themselves to a lot of oversight to let everyone know they're good men and women. There must be a better way.

There is. It's called corporate shame… just like what's happening now.

Do you think CEOs are going to play fast-and-loose with artwork write-offs? Or tricky options packages? Or shell games in taking over companies?

Not now. And if Alan Greenspan is right, maybe not for a few years.

Now I know smarter mice will foil the latest trap. We have to remain vigilant, but I find there is much more comradery among honorable men to do what's right than dishonorable thieves intent on doing what's wrong.

The good prevails, and the bad ultimately always fails. Some of you say that makes me naive. Perhaps... but I'm naive enough to remember what good-intentioned government has done, and what it has wrought.

There are many things wrong with corporate America. I just feel uncomfortable with the government assuming that it, and it alone, can make things right.

What do you think?  Send your comments to: cavuto@foxnews.com. And watch Neil Cavuto's Common Sense weekdays at 4 p.m. ET on Your World w/Cavuto.