The one true statement at last night's GOP convention:

[Headholio]

yeah...that was the corporate malfeasance that i referred to in my earlier post...another thing that ran amock under the clinton administration...everyone got on for the ride...then, we found out that all that prosperity that we had been enjoying was fueled by off-balance sheet-debt, or just plain falsified documents...slick willy wasn't real big on turning over rocks...unless he thought he could find a blowjob under one.

Damn corporations. Spoken like a true liberal!

So I take it you are all in favor of tightening down regulations of Wall Street?

 

[digimon7068]

Damn corporations. Spoken like a true liberal!

So I take it you are all in favor of tightening down regulations of Wall Street?

like i said...i think both parties suck and i am comfortable with my various tendencies.

tightening regulations??? uhhhhh, yeah...that's what we did under bush...remember???

william jefferson clinton 01/20/1993 - 01/20/2001

notable accounting scandals (companies that got greedy and then crashed and burned while clinton was in office or shortly after he left)...

Informix Corporation
1996[9]
Ernst & Young[10]
United States

Sybase
1997[11][12][13]
Ernst & Young[14]
United States

Cendant
1998[15]
Ernst & Young United States

Waste Management, Inc.
1999[16]
Arthur Andersen
United States Financial mistatements

MicroStrategy
2000[17]
PricewaterhouseCoopers
United States Michael Saylor

Unify Corporation
2000[18]
Deloitte & Touche United States

Computer Associates
2000[19]
KPMG
United States Sanjay Kumar

Xerox
2000[20]
KPMG United States Falsifying financial results

Enron
2001[22]
Arthur Andersen United States Jeffrey Skilling, Kenneth Lay, Andrew Fastow

Adelphia
2002[23]
Deloitte & Touche
United States John Rigas

AOL
2002[20]
Ernst & Young United States Inflated sales

Bristol-Myers Squibb
2002[20][24]
PricewaterhouseCoopers
United States Inflated revenues

CMS Energy
2002[20][25]
Arthur Andersen United States Round trip trades

Duke Energy
2002[20]
Deloitte & Touche United States Round trip trades

Dynegy
2002[20]
Arthur Andersen United States Round trip trades

El Paso Corporation
2002[20]
Deloitte & Touche United States Round trip trades

Freddie Mac
2002[26]
PricewaterhouseCoopers
United States Understated earnings

Global Crossing
2002[20]
Arthur Andersen Bermuda
Network capacity swaps to inflate revenues

Halliburton
2002[20]
Arthur Andersen United States Improper booking of cost overruns

Homestore.com
2002[20][27]
PricewaterhouseCoopers United States Improper booking of sales

ImClone Systems
2002[28]
KPMG United States Samuel D. Waksal

Kmart
2002[20][29]
PricewaterhouseCoopers
United States Misleading accounting practices

Merck & Co.
2002[20]
Pricewaterhouse Coopers United States Recorded co-payments that were not collected

Merrill Lynch
2002[30]
Deloitte & Touche United States Conflict of interest

Mirant
2002[20]
KPMG United States Overstated assets and liabilities

Nicor
2002[20]
Arthur Andersen United States Overstated assets, understated liabilities

Peregrine Systems
2002[20]
KPMG United States Overstated sales

Qwest Communications
2002[20]
1999, 2000, 2001 Arthur Andersen 2002 October KPMG United States Inflated revenues

Reliant Energy
2002[20]
Deloitte & Touche United States Round trip trades

Sunbeam
2002[31]
Arthur Andersen United States

Tyco International
2002[20]
PricewaterhouseCoopers
Bermuda Improper accounting, Dennis Kozlowski

WorldCom
2002[20]
Arthur Andersen United States Overstated cash flows, Bernard Ebbers

 

[Headholio]

Bla ba dee bla bla bla

There were no scandals bigger than Enron in 2002, but even I'm not partisan enough to blame George Bush for something that Enron did.

Wikipedia has a list of accounting scandals. I see a lot more listed during the Bush years, but no matter.
Accounting scandals - Wikipedia, the free encyclopedia

I haven't heard such bitterness and misdirected blame toward Bill Clinton since, well, the last time I listened to that bloated drug addict on the radio.

Your pattern is becoming clear. You pick out isolated moments in history and use them to draw broad misleading conclusions. I think that's called propaganda. Pretty weird for a guy who doesn't "bow to either party".


Edit: you don't need to go to Wikipedia, look at your own list! Almost all the items on your list are after Clinton left office. But you probably know that. Just like Clinton caused bankers to lend money without proper credit in 2005, he caused accountants to lie as well. LOL on you.

 

[Headholio]

my critique of Obama would be based on policy. I would be starting with an understanding that we begin with the same fact base, and that facts would be what drove the discussion. I would not be compelled to address fictions, lies and delusions before addressing policy differences. That is the sign of a party that wants to govern

Great quote 75th. You are right, that sums it up.

 

[javaguru]

"Corporations are people, my friend."

Mitt Romney

Just like unions and media outlets like Fox and MSNBC are "people" when it comes to government regulation. Citizens United simply affirmed that government has limited ability to silence anyone. Mass media corporations have always had unrestricted speech, what is the difference between Fox News and MSNBC promoting an agenda while a coal company can't explain their position on coal with ads supporting a candidate?

 

[digimon7068]

There were no scandals bigger than Enron in 2002, but even I'm not partisan enough to blame George Bush for something that Enron did.

Wikipedia has a list of accounting scandals. I see a lot more listed during the Bush years, but no matter.
Accounting scandals - Wikipedia, the free encyclopedia

I haven't heard such bitterness and misdirected blame toward Bill Clinton since, well, the last time I listened to that bloated drug addict on the radio.

Your pattern is becoming clear. You pick out isolated moments in history and use them to draw broad misleading conclusions. I think that's called propaganda. Pretty weird for a guy who doesn't "bow to either party".


Edit: you don't need to go to Wikipedia, look at your own list! Almost all the items on your list are after Clinton left office. But you probably know that. Just like Clinton caused bankers to lend money without proper credit in 2005, he caused accountants to lie as well. LOL on you.

the major corporate frauds and defalcations all took place while he was in office...of course many of them weren't discovered until after he left office...you don't think that those things were discovered the day that they started happening do you??? if they had been, we would have averted many of the disaster(s) that we are still dealing with today. the powers that be were asleep at the wheel under slick willy...like i said, he wasn't real big on turning over rocks, unless he thought he'd find a blowjob under one of them...trust me...i've turned over a lot of rocks looking for blowjobs...fortunately, no one was ever stupid enough to give me the keys to the bus.

clinton sucked...and all the "prosperity" that we enjoyed while he was in office was fake...the value that everyone lost in their houses and in their 401k plans was nothing but air...and someone stuck a pin in the balloon and it deflated...the sad thing is? he knew it was going to happen and he figured he'd just blame it on the next guy...because he knows that most americans (not pointing fingers) have really short memories.

and, yes, clinton gave the bankers the tools that they needed to lend money without proper credit or even a job! do you know how many homes were repossessed from illegal aliens during the mortgage crisis? a shitload (technical accounting term).

yup...i use wikipedia...so what? it's quick and easy and relatively accurate...and...you knew EXACTLY where to go to look for the source of my information, mr. smartypants...so don't get all holier-than-thou with me!

 

[EnderJE]

the major corporate frauds and defalcations all took place while he was in office...of course many of them weren't discovered until after he left office...you don't think that those things were discovered the day that they started happening do you??? if they had been, we would have averted many of the disaster(s) that we are still dealing with today. the powers that be were asleep at the wheel under slick willy...like i said, he wasn't real big on turning over rocks, unless he thought he'd find a blowjob under one of them...trust me...i've turned over a lot of rocks looking for blowjobs...fortunately, no one was ever stupid enough to give me the keys to the bus.

clinton sucked...and all the "prosperity" that we enjoyed while he was in office was fake...the value that everyone lost in their houses and in their 401k plans was nothing but air...and someone stuck a pin in the balloon and it deflated...the sad thing is? he knew it was going to happen and he figured he'd just blame it on the next guy...because he knows that most americans (not pointing fingers) have really short memories.

and, yes, clinton gave the bankers the tools that they needed to lend money without proper credit or even a job! do you know how many homes were repossessed from illegal aliens during the mortgage crisis? a shitload (technical accounting term).

yup...i use wikipedia...so what? it's quick and easy and relatively accurate...and...you knew EXACTLY where to go to look for the source of my information, mr. smartypants...so don't get all holier-than-thou with me!

so when do the two of you get rid of the sexual tension and just fuck?

 

[digimon7068]

so when do the two of you get rid of the sexual tension and just fuck?

i must confess...i actually do like him (and that old liberal bastard db)...they're smart...and thought-provoking...and truth-be-told, i'll bet our actual politics really aren't all that different...it's c&c...i like to push people's buttons...and those guys wear theirs on their sleeves.

 

[jnevin]

There were no scandals bigger than Enron in 2002, but even I'm not partisan enough to blame George Bush for something that Enron did.

Wikipedia has a list of accounting scandals. I see a lot more listed during the Bush years, but no matter.
Accounting scandals - Wikipedia, the free encyclopedia

I haven't heard such bitterness and misdirected blame toward Bill Clinton since, well, the last time I listened to that bloated drug addict on the radio.

Your pattern is becoming clear. You pick out isolated moments in history and use them to draw broad misleading conclusions. I think that's called propaganda. Pretty weird for a guy who doesn't "bow to either party".


Edit: you don't need to go to Wikipedia, look at your own list! Almost all the items on your list are after Clinton left office. But you probably know that. Just like Clinton caused bankers to lend money without proper credit in 2005, he caused accountants to lie as well. LOL on you.

You're kind of getting pwnt in here.

 

[Headholio]

the major corporate frauds and defalcations all took place while he was in office...of course many of them weren't discovered until after he left office...you don't think that those things were discovered the day that they started happening do you??? if they had been, we would have averted many of the disaster(s) that we are still dealing with today. the powers that be were asleep at the wheel under slick willy...like i said, he wasn't real big on turning over rocks, unless he thought he'd find a blowjob under one of them...trust me...i've turned over a lot of rocks looking for blowjobs...fortunately, no one was ever stupid enough to give me the keys to the bus.

clinton sucked...and all the "prosperity" that we enjoyed while he was in office was fake...the value that everyone lost in their houses and in their 401k plans was nothing but air...and someone stuck a pin in the balloon and it deflated...the sad thing is? he knew it was going to happen and he figured he'd just blame it on the next guy...because he knows that most americans (not pointing fingers) have really short memories.

and, yes, clinton gave the bankers the tools that they needed to lend money without proper credit or even a job! do you know how many homes were repossessed from illegal aliens during the mortgage crisis? a shitload (technical accounting term).

yup...i use wikipedia...so what? it's quick and easy and relatively accurate...and...you knew EXACTLY where to go to look for the source of my information, mr. smartypants...so don't get all holier-than-thou with me!

Man I wrote a brilliant, I mean brilliant response to you, and then closed my browser without posting. It is really a shame because it was a beautiful piece of work. You are really missing out. Maybe I can re-create some of it tomorrow....
if you are lucky