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Politics : Stockman Scott's Political Debate Porch
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To: 4figureau who wrote (4685)8/16/2002 2:57:39 PM
From: Jim Willie CB  Read Replies (2) of 89467
 
I heard 2002 Federal Deficit heading toward $420 billion

a bold interview with Sen Fritz Hollins (S.C.) last evening
he accused the federal govt of using Enron style accounting
he said the govt is two-faced accusing Enron and others,
when they themselves employ the same accounting tactics
he detailed the "public debt" and the "govt debt" which he claims are one and the same federal debt
he identified an official 2002 deficit of $125 billion
but cited the total deficit to be the total of $420 billion

I believe the 2004 or 2005 federal deficit will crease $1 trillion

I believe Enron learned these very same accounting methods from JPMorganChase, the grand mentor of financial criminality
and more importantly, JPMorgo developed the methods with the cooperation of the US Federal Reserve, which has been since 1995 cooking the books on the sponsored Gold Carry Trade, essentially raping and pillaging the national gold treasure, filling the pockets of Rubin and his Manhattan Elite buddies

my hat is off to Hollins for his bold claims of honesty

three things will expose the criminals
1. people's pressure exerted by Congress
e.g. dragging JPMorgo, Citi before this august body as complicitors to Enron crimes

2. a tidal wave of shareholder lawsuits, which are helped along by Elliot Spitzer

3. TIME, for gravity to work on all the VW busses sitting in the trees

/ jim
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