Green Oasis Environmental, Inc. (GRNO) Message Board

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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)

GRNO 0.00

Nov 28 4:00 PM EST

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To: spinynorman1323 who wrote (7293)	9/28/1997 10:47:00 PM
From: Charles A. King	of 13091

From the political panel shows on Sunday morning I learned that the reason the criminals in the IRS were able to run rough shod over the public all these years is that there has been no Congressional oversight of the IRS since the 1950s. Even the white haired panelists like Senator Moynahan (sp?) couldn't remember back that far. Surely all representatives have gotten many letters from constituents pleading for assistance over the years. What shocked me was the reference to suicides by some taxpayers. And yet not one of all those committees in all those years cared enough about the American public to hold hearings, much less to do anything about the monsters who falsified cases against their victims. The SEC puff piece said, Mr. Stark and others at the SEC are convinced that they have the regulatory tools they need to make their mission effective. "At this point, we believe the legislation we have is sufficient, even though my sense is that we'll see an increasing number of Internet cases," says Joseph Cella, chief of the Office of Market Surveillance in the SEC's Division of Enforcement. "Our users are becoming increasingly more reluctant to post," says Jill McKinney, one of the three people who operate Silicon Investor, a popular on-line small stock newsletter and discussion forum. "We are starting to get requests from people who want to post anonymously so as not to invite scrutiny." The SEC is using its existing regulatory powers to terrorize individuals who invest in small caps. I wonder how many of those investors who emailed all those messages to the SEC also tried to get their representatives interested in what is going on. I wonder how long it has been since there were any oversight hearings of the SEC. Since the start of the Depression? I agree with the article on Chairman Levitt that there will be no interest in what the SEC is doing until there has been a hard crash of the market and a lot of very rich people get burned. In the meantime we can expect the kind of oversight described in the article. Levitt's official travel recently attracted the attention of House committee staff members who report to Rep. David M. McIntosh (R-Ind.). After reviewing Levitt's travel records, they said that Levitt had not always followed federal travel regulations governing civil servants. They questioned his first-class travel and stays at luxury hotels, partly at government expense, because SEC guidelines prohibit first-class travel, no matter who pays. Levitt paid the difference between business-class travel and first-class out of his own pocket. Charles

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