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Speaking of Republican Whoppers



March 27, 2007 – Comments (3)

I'm sure this is just a coincidence.

Sad that the very skills that might make for a fine budget director (i.e. rose-tinted lenses permanently sewn into eyeballs, a loose interpretation of accounting rules, creative, relative understanding of basic terms like "liquidity") might make for a financial fraud case.

Stockman, we feel your pain. It's not easy trying to save a company if no one will believe your story.


3 Comments – Post Your Own

#1) On March 27, 2007 at 3:04 PM, Greshm (86.57) wrote:

Finally!  NOW I understand Supply Side Economics...

Get your Accounting Department to supply plenty of fake customer invoices to inflate receivables. 

Use inflated receivables to get the bankers to supply you more financing.

Let's just hope the rest of the economic myths we've been sold these past decades don't all run to the same logical ends that Mr. Stockman did...



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#2) On March 27, 2007 at 3:44 PM, TMFBent (99.57) wrote:

Ssshhh. You know that by saying such things, you're only supporting the terrorists.

Why do you hate freedom?



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#3) On March 27, 2007 at 6:36 PM, chk999 (99.97) wrote:

Not all politicians are crooks, but that is how to bet until proven otherwise.

Chris - a crooked politician? I'm shocked. Shocked! 


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