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Crazy Dave Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-05-06 06:24 PM
Original message
If Enron and other big corporations lied about their earnings...
...being bigger than what they actually were by manipulating the books. Is it possible that our massive trillion dollar deficit and spending could be even worse than the administration already admits? The government doesn't really have to hold itself accountable to it's people or obey the laws so I think the answer is yes. The current Washington, D.C. accountants and bookeepers would probably make the Enron boys look like saints.
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NNadir Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-05-06 06:25 PM
Response to Original message
1. I have often assumed exactly this.
They lie about everything else. Why not this?
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RaleighNCDUer Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-05-06 06:27 PM
Response to Original message
2. They are definitely cooking the books, and one of the biggest
fires is the fact that the war is not included in the budget.

It's costing us a billion dollars a week, and it is outside the budget.

Now how the hell do you do that?
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QuestionAll... Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-05-06 06:32 PM
Response to Reply #2
3. google Dov Zakheim,
possibly the biggest bank robber of all time.
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elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-05-06 08:56 PM
Response to Reply #3
13. then Google Chalabi. ditto.
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European Socialist Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-05-06 07:02 PM
Response to Original message
4. Worldcom and Enron books rolled into one Treasury debacle.
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converted_democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-05-06 07:05 PM
Response to Original message
5. I found this post interesting.. It claims the debt is 3.5 trillion, and it
is linked to USA Today.. Thought it was a good read..

http://www.democraticunderground.com/discuss/duboard.ph...
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FloridaPat Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-05-06 07:39 PM
Response to Original message
6. THere was an article about that in USA Today this week.
The deficiet is about 3x worse than stated because of wierd bookkeeping. The national debt is bigger too, but depends on if you add social security or not. And that's just the money they keep track of. They loose a lot too.
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OnceUponTimeOnTheNet Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-05-06 07:50 PM
Response to Original message
7. kick
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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-05-06 07:52 PM
Response to Original message
8. I would hate to see governmental accounting in any administration n/t
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dogday Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-05-06 07:54 PM
Response to Original message
9. They have hidden so much crap from us
you better believe we don't have the right numbers of just about anything they put out....
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dipsydoodle Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-05-06 08:14 PM
Response to Original message
10. What's another few noughts
here and there between liars ?
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billbuckhead Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-05-06 08:48 PM
Response to Reply #10
11. I heard Bill Clinton was going to sue Bush41 regime for lying about debt
But Greenspan talked hin out of it.
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salin Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-05-06 08:55 PM
Response to Original message
12. Could it be? It is common knowledge that they are not counting
the expenditures on the wars in Afghanistan and Iraq in the annual budget (and thus "deficit" numbers). Ut is my understanding that bushco has been using "emergency funding" vehicles that are completely outside of the regular budget process, and somehow never get worked back in to the budget and thus deficit calculations.
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elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-05-06 08:58 PM
Response to Reply #12
14. We must win in Novemeber and pass a confiscatory emergency TAX
on all the cash they gave away, ASAP.

I'd advise young students to study Forensic Accounting. It will BOOM in the next 10 years.
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