Enron

[cp1969]

I'm not trying to minimize the trauma brought upon the thousands of stockholders and Enron workers by the loss of their jobs and 401k money, but in the overall scheme of things it nearly shrinks to insignificance in comparison to the loss of families of the victims of 9/11, Oklahoma City, Beirut, and other such trajedies. Money and jobs are replaceable.

The bankruptcy of one company will be forgotten in due time; most people will pick up the pieces and get on with their lives. The damage done to the Judicial system by the last administration is permanent.

 

[Hillbilly]

ABC,
How dare you bring up a subject like this,the last time I brought up anything of this nature(a ridiculous article from a San Francisco columnist something about Clinton being the 1 who's built our military or credit to Clinton in the war on terrorism) it somehow got deleted the same day I posted it./w3tcompact/icons/frown.gifNot that I am a Clinton fan,I am not.
Go figure.

 

[Chuck52]

<font color=red>The damage done to the Judicial system by the last administration is permanent.
</font color=red>

Relax, nothing's permanent but death and taxes, and we even survived Reaganomics, though barely, so I suspect the country will make it past whatever damage you feel was inflicted on it by the last administration.

I agree that the Enron debacle is insignificant as compared to the various tragedies inflicted on this country by terrorists, and that makes me wonder why anyone even cares about the trivial Clinton stuff.

Chuck

 

[ddl]

the first thing that I thought of when I heard about the dead accountant is that Clinton was cleaning up loose ends. Nothing points to Bush except dumacrats wishing it so.

Dan L

 

[Hillbilly]

Åñëè Âû ìîæåòå ÷èòàòü ýòî, òîãäà Âû - íå ñòîëü æå ãëóõè, êàê Âû ñìîòðèòå!!!/w3tcompact/icons/frown.gif

 

[TerryinMD]

Dang it Hillbilly... /w3tcompact/icons/mad.gif My roushian translator is buggy and I can't figure out a word you say!!

Come on - get back to good ol' American... /w3tcompact/icons/wink.gif

Terry

 

[cp1969]

There are quite a number of people, myself included, who do not consider Clinton's perjury trivial--far from it. The acts which precipitated the perjury, while trivial to some, were enough to get any low-level Federal supervisor canned. Any man with a shred of dignity would have owned up to what he did and resigned, but instead Clinton, as always, put his own selfish interests ahead of the country's, at the expense of Al Gore's presidency. Think about it--Bush would not be in office today had he been running against incumbent Gore, unless Gore was worse than Clinton. That doesn't seem possible. The real crux of the matter was the perjury, though. From now on, how can our Judicial system punish anyone for perjury? Can the witness choose, ala Clinton, whether or not to tell the truth depending upon how embarrassing the question is? I don't see why not--what's good for the President is good for Joe Sixpack, provided he's got a slimy enough lawyer to invoke the Clinton precedent. Clinton's escaping punishment for perjury establishes once and for all that the President is above the law.

I stick with what I said--it's permanent.

 

[Chuck52]

Religion and politics....is there a difference? These Just For Fun thingies often don't live up to the name.

Furnace cement is great stuff!!! Right up there with JB Weld, Duct tape and baling wire. Thanks to Franz for telling me about it.

Reckon anyone noticed the subtle topic shift? /w3tcompact/icons/smile.gif

Chuck

 

[Chuck52]

BTW, have you folks heard the I95 song? Finest kind. The kiddies are back at the local University and listening to it helps while trying to drive with them on the road.

Chuck

 

[GrantMO]

Hillbilly,
That post was deleted right after I added to it. I didn't think it was exceptionally controversial or offensive, anyway. With regards to Enron and Arthur Anderson, when you let the fox guard the chicken coop, you know what happens. Also, the laws might need to be changed to report major insider selling even when it's to pay off a loan.

 

[frank_f15]

DON'T MATTER the party, going to get hosed by them all.

 

[Hillbilly]

Grant,
I was talking about a post that I made on a different subject weeks ago. /w3tcompact/icons/smile.gif

 

[Hillbilly]

I che passa con la scossa della coltura, ho preso appena un viaggio intorno al mondo ed alla parte di sinistra mai uniforme il!!!!!! della stanza

 

[Egon]

Chuck:

Furnace cement, Duct tape and Baling wire are usefull items. Are politicians in the same category?

Egon

 

[Buck]

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

 

[Chuck52]

Yup. But they tend to stick in the turning fork when I work my compost pile.

Chuck

 

[Anonymous Poster]

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]

<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

 

[Thomas]

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.

 

[DaveM]

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.