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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Karen Lawrence who wrote (275376)7/15/2002 3:24:28 PM
From: jlallen  Read Replies (1) | Respond to of 769670
 
LOL!

Pure silliness. All of this emanates from a ridiculous standard postulated by FASB allowing (legally) companies to move certain assets off the corp.'s books as long as at least three percent of the ownership was not related to the company. Care to guess who was President when that standard was adopted? Care to guess if Cheney was a member of the FASB Board that made the rule?



To: Karen Lawrence who wrote (275376)7/15/2002 3:26:40 PM
From: Glenn Petersen  Respond to of 769670
 
Who taught Andersen how to cook the books? Since you can't remember, I will tell you: Cheney.

I didn't realize that Cheney was on the board of the Financial Accounting Standards Board. Silly me. On a happier note, let's hope that Janet Reno hangs in tough and sets herself up for a historic thumping in November:

story.news.yahoo.com

Democrats Fear Reno's Chances in Fla.
Mon Jul 15, 2:03 PM ET
By KEN THOMAS, Associated Press Writer

MIAMI (AP) - Janet Reno ( news - web sites) is the clear favorite among rank-and-file Democrats in her run for governor of Florida, but some party strategists fear she will only lead them to defeat in November.

Some Democrats worry that her high negative ratings and her weak fund-raising may foil their grand plan: ousting Republican Gov. Jeb Bush and getting revenge against his brother in the state where the 2000 race for the White House was decided.

"The problem is we have a candidate who is not going to lose the primary and will not win the general election," warned Christopher Korge, a leading Democratic fund-raiser from Miami.

Less than two months before the primary, Democrats face a dilemma: Should they choose Reno, who is the darling of South Florida's condos and Democratic clubs but is disliked in more conservative parts of the state because of her liberal politics and, perhaps, because she is woman? Or should they go with Bill McBride, a first-time candidate with war hero credentials but little name recognition?

State Sen. Daryl Jones ( news, bio, voting record) of Miami is the third major candidate but registers only single-digit support in polls.

McBride, a Tampa lawyer, has won endorsements from unions and teachers while impressing party elders with his story of dropping out of law school to fight in Vietnam. He later managed the state's largest law firm.

A former fund-raiser and party stalwart, McBride has wooed teachers with promises to add $1.1 billion in education funding. He also picked up the backing of Pete Peterson, the former ambassador to Vietnam who was recruited by party leaders to run for governor but later dropped out.

"He's garnered the support of a lot of elected officials and a lot of party leaders. That goes to the fact that people want to win," said McBride campaign manager Robin Rorapaugh. "They view Bill as the best candidate to take on Jeb Bush and win in the fall."

Recent polls show McBride narrowing the gap but still trailing Reno by more than 20 points for the nomination. Still, Reno's unfavorable ratings top 40 percent in some polls, in part because of some of the decisions that marked her eight years as President Clinton ( news - web sites)'s attorney general — namely, the move to seize Elian Gonzalez and send him back to Cuba.

Bush leads both Reno and McBride by double digits in head-to-head comparisons.

"I think Democrats are very concerned and have reason to be concerned," said Darryl Paulson, a University of South Florida political scientist. "With each passing day it appears more and more like that Jeb Bush is becoming stronger."

The fund-raising numbers are also making Democrats gloomy. Bush, helped by several trips by his brother, has raked in more than $5.6 million and millions more for GOP party coffers. Figures released Wednesday show Reno has raised $1.4 million but has only $220,000 cash on hand. McBride has raised about $2 million and has more than $1 million in cash.

Reno's backers are troubled by the defeatist talk.

"I think there's a crew out there who has been against Janet's candidacy for a year, who just did not want Janet Reno to run for governor," said Paula Xanthopoulou, president of the National Women's Political Caucus of Florida. "As far as I can see, Janet's going to win the nomination and all of this does nothing but hurt our chances to win the general."

Reno seems unfazed by the money chase. She has struck a populist tone and stressed her ability to reach ordinary voters. At a recent address to gay Democrats in Miami, Reno said: "You don't have to have $30 million to be governor of Florida. You can do it by going to the people."

Her campaign mixes folksy talk about camping in the Everglades with the support of Hollywood, where she counts Martin Sheen and Rosie O'Donnell among her backers.

Organizers are typically forced to break out extra folding chairs when she visits a community center. And staff members have to factor in extra time for the crowds of people wanting to shake her hand or snap a photo.

In recent weeks Reno has shuffled her staff, signaling to some that she is ready to make campaign organization a greater priority.

Reno is also learning what history has to teach about underdogs. She is reading "The Last Campaign: How Harry Truman Won the 1948 Election."

"There were people who said Harry Truman couldn't win, too," Reno said.