frank_f15
Super Member, Rest in Peace
DON'T MATTER the party, going to get hosed by them all.
Enron
- Thread starter Anonymous Poster
- Start date
- Views: 6061
Egon
Epic Contributor
Chuck:
Furnace cement, Duct tape and Baling wire are usefull items. Are politicians in the same category?
Egon
Furnace cement, Duct tape and Baling wire are usefull items. Are politicians in the same category?
Egon
Buck
Platinum Member
ABC,
My understanding is that Enron used Kubota exclusively and Clinton authorized the purchase of more New Holland's than anything else - a dramatic change from Bush Srs. white house which was solidly in the John Deere camp.
We'll be watching Bush Jr. I know he has some John Deere Gators.
Best,
Buck
My understanding is that Enron used Kubota exclusively and Clinton authorized the purchase of more New Holland's than anything else - a dramatic change from Bush Srs. white house which was solidly in the John Deere camp.
We'll be watching Bush Jr. I know he has some John Deere Gators.
Best,
Buck
Chuck52
Veteran Member
Yup. But they tend to stick in the turning fork when I work my compost pile.
Chuck
Chuck
OP
Anonymous Poster
Epic Contributor
- Joined
- Sep 27, 2005
- Messages
- 29,678
Sorry for the late come back. I have been out of town and just got back to my computer. Heard this the other day Bush's tax plan that he is still pushing even though we are now spending the SS trust fund money ( which he promished he would not do) will rebate to Enron millions of dollars even though they have paid no taxes in the last couple of years. Is this pay back? Its not direct help but it smells bad.
TerryinMD
Veteran Member
<font color=red>we are now spending the SS trust fund money </font color=red> /w3tcompact/icons/eyes.gif
Arrrrrrrrrrrrrrrrrrrrrrrrrrrrrrgggggggggggggggggggggghhhhhhhhhhhhhhh!!!
There is no such thing as a trust fund. Do you really think that the money is held in a real trust fund? Wow - I have this bridge that I can sell you really, really cheap..... /w3tcompact/icons/shocked.gif
The Government takes all of those pretty dollars we and our companies/businesses hand over and just spend the money! Gone, poof... history. Now, is the Government keeping tract of how much we give them. Of course, it's smoke and mirrors. The money is not invested. The rates have been increased to give the Government more cash so that they do not have to borrow more money. That is how the deficit is really been reduced. Just take a look at the increases in our tax rates and some of the new fees and surcharges levied against everyone. That is why the deficits are low. Because our fine congressmen and senators are taking our hard-earned cash!!
I need to take a breath and some Ibphropen.... /w3tcompact/icons/mad.gif
Terry
Arrrrrrrrrrrrrrrrrrrrrrrrrrrrrrgggggggggggggggggggggghhhhhhhhhhhhhhh!!!
There is no such thing as a trust fund. Do you really think that the money is held in a real trust fund? Wow - I have this bridge that I can sell you really, really cheap..... /w3tcompact/icons/shocked.gif
The Government takes all of those pretty dollars we and our companies/businesses hand over and just spend the money! Gone, poof... history. Now, is the Government keeping tract of how much we give them. Of course, it's smoke and mirrors. The money is not invested. The rates have been increased to give the Government more cash so that they do not have to borrow more money. That is how the deficit is really been reduced. Just take a look at the increases in our tax rates and some of the new fees and surcharges levied against everyone. That is why the deficits are low. Because our fine congressmen and senators are taking our hard-earned cash!!
I need to take a breath and some Ibphropen.... /w3tcompact/icons/mad.gif
Terry
Thomas
Epic Contributor
- Joined
- Apr 6, 2000
- Messages
- 31,100
- Location
- Lebanon,NH.
- Tractor
- Kubota B2650HSD w/Frontloader & CC LTX1046 & Craftman T2200 lawn mower.
Taxes go..how about some goverment grants..examples.
Testing the soil for the different types of ants in South Amer...We all know that smoking bad for us,but why do they continue to study the long term affects..Here's a Jim Dandy of a one..removing dust etc..from the air so a laser can run 0.04 cleaner to burn throw a piece of paper...and thats just some of the things I know..how do I know this /w3tcompact/icons/hmm.gif for I walk by the doors Monday thru Friday where I work.
Goverment grant money{millions and millions} could be spent wiser,like for our schools..medicare..bring back nature that we destory in one form or anther.
Terry,got any Ibphropen left..I could use couple.
Testing the soil for the different types of ants in South Amer...We all know that smoking bad for us,but why do they continue to study the long term affects..Here's a Jim Dandy of a one..removing dust etc..from the air so a laser can run 0.04 cleaner to burn throw a piece of paper...and thats just some of the things I know..how do I know this /w3tcompact/icons/hmm.gif for I walk by the doors Monday thru Friday where I work.
Goverment grant money{millions and millions} could be spent wiser,like for our schools..medicare..bring back nature that we destory in one form or anther.
Terry,got any Ibphropen left..I could use couple.
DaveM
Silver Member
Hope you all will see the humor here. /w3tcompact/icons/laugh.gif
Dave
Subject: Fw: Capitalism, Communism and Enronism
Financial Times; Jan 16, 2002
On the differences between capitalism, communism and
"Enronism":
Capitalism: You have two cows.You sell one and buy a
bull. Your herd multiplies and the economy grows. You
sell them and retire on the income.
Communism: You have two cows. Your neighbours help take
care of them and you all share the milk."
"Enronism": You have two cows. You sell three of them to
your publicly listed company, using letters of credit
opened by your brother-in-law at the bank, then execute a
debt/equity swap with an associated general offer so you
get all four cows back, with a tax exemption for five
cows. The milk rights of the six cows are transferred via
an intermediary to a Cayman Island company secretly owned
by the majority shareholder, who sells the rights to all
seven cows back to your listed company. You hire Arthur
Andersen to revise your books. The annual report says the
company owns eight cows, with an option on one more.
Dave
Subject: Fw: Capitalism, Communism and Enronism
Financial Times; Jan 16, 2002
On the differences between capitalism, communism and
"Enronism":
Capitalism: You have two cows.You sell one and buy a
bull. Your herd multiplies and the economy grows. You
sell them and retire on the income.
Communism: You have two cows. Your neighbours help take
care of them and you all share the milk."
"Enronism": You have two cows. You sell three of them to
your publicly listed company, using letters of credit
opened by your brother-in-law at the bank, then execute a
debt/equity swap with an associated general offer so you
get all four cows back, with a tax exemption for five
cows. The milk rights of the six cows are transferred via
an intermediary to a Cayman Island company secretly owned
by the majority shareholder, who sells the rights to all
seven cows back to your listed company. You hire Arthur
Andersen to revise your books. The annual report says the
company owns eight cows, with an option on one more.