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Politics : World Affairs Discussion -- Ignore unavailable to you. Want to Upgrade?

To: ChinuSFO who wrote (381)	7/15/2002 4:00:16 AM
From: GUSTAVE JAEGER	Read Replies (1) \| Respond to of 3959

Re: Lieberman and the accounting crisis. All I can say is that the current racket about the cookbooking of major US corporations is exaggerated.... I mean, American capitalism doesn't boil down to accounting gimmickry! I just read BusinessWeek's latest European issue and it reported that Microsoft is the second largest market cap (after GE). So, what has made Microsoft so successful? Accounting trickery? Is Bill Gates a visionary genius or just the best bookkeeper America's ever had? And ORCL's Larry Ellison? And Michael Dell? Etc. I think it's time to get back to a more balanced view of corporate America and acknowledge that it's not all smoke and mirrors! US software companies did come up with great computer solutions... Hollywood movies enjoy a 75% market share in all of Europe's theaters because they're the best movies around --not because movie distributors cook their books! Etc, etc. Gus

To: ChinuSFO who wrote (381)	7/15/2002 6:01:36 AM
From: GUSTAVE JAEGER	Read Replies (2) \| Respond to of 3959

Judeofascists are blackmailing the White House in a desperate ploy to wreck any path toward a Palestinian state... If anything, Zionist Lieberman doesn't give a damn about the stockmarket or the public's confidence in the economy. All Lieberman and his Jewish constituency currently care about is Israel, Israel, and Israel. They'll resort to any dirty tactics to smear President Bush: they can't take on Bush-the-Commander-in-Chief because that would badly backfire on them since Americans despise unpatriotic critics when their country is at war. So, Lieberman tries another tack: Bush-the-CEO-of-America Inc. Hopefully, it's gonna prove despicable and ineffectual at the same time. How come the fate of the whole US economy relies on what GW Bush fiddled about with an obscure, mom-and-pop oil business 12 YEARS ago? Gimme a break! BTW, I thought Fed Chairman Greenspan used to be the paramount rainmaker of the US economy?! Where's that quack? Hiding away in Tel Aviv? July 15, 2002 Lieberman pins fate of economy on White House By Joyce Howard Price THE WASHINGTON TIMES Sen. Joseph I. Lieberman, Connecticut Democrat, said yesterday that the U.S. economy will suffer unless President Bush and Vice President Richard B. Cheney release more details of their actions as private-sector corporate executives. "Because of the president's involvement in the Harken Energy case, there is a large cloud hanging over his head," Mr. Lieberman said on ABC's "This Week." "I am afraid if he doesn't eliminate it soon by giving full disclosure, [the suspicions] will diminish his moral authority - his presidential authority to lead the critical effort to restore confidence in the [stock] market." Stock markets have been faring badly in recent months. The Nasdaq Composite Index and the Standard & Poor's 500 Index hit five-year lows last week, and the Dow Jones Industrial Average closed the week at less than 8,700, a level not seen since shortly after the September 11 terrorist attacks. [...] washtimes.com