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


To: Don Hurst who wrote (282304)7/31/2002 12:28:31 PM
From: Baldur Fjvlnisson  Respond to of 769670
 
Any real Enron investigation would flush Bush and Cheney

out of office in a flash. The mob stench is unbearable.



To: Don Hurst who wrote (282304)7/31/2002 12:29:02 PM
From: stockman_scott  Respond to of 769670
 
Where's Deepthroat when we need him <VBG>..??

IMO, The Washington Post is doing most of the Enron investigation for The Justice Department...Of course we'll see if Ashcroft and his buddies are really willing to step up to the plate and prosecute Ken Lay & Co.

When it comes to holding Shrub and Cheney accountable for their actions that's up to Congress...IMO, they may want to consider re-instating the Independent Counsel statutes so that we can really understand what happened at Harken and Halburton...=)



To: Don Hurst who wrote (282304)7/31/2002 12:39:47 PM
From: Arthur Radley  Read Replies (1) | Respond to of 769670
 
Speaking of Harken...Geez! Bush talks the talk but action speak louder than words and Shrub's actions are scandalous.

A request to Shrub...the next time you open your mouth about cleaning up corporate fraud. Get a mirror and please, please, please give the American public a nose clamp, as your utterances are developing a malodorous stench.

"WASHINGTON - Harken Energy Corp. set up an offshore subsidiary in the Cayman Islands tax haven while President Bush sat on Harken's board of directors in 1989, the Daily News has learned.
The revelation comes as Republican lawmakers are roundly criticizing the practice of U.S. companies setting up offshore subsidiaries, usually to skirt American disclosure laws or corporate income taxes on foreign income.

Even White House spokesman Ari Fleischer condemned the tactic yesterday, saying, "The President is concerned about corporations in America who take advantage, set up operations outside of America, in an effort to lower their taxes."

A spokesman for Bush said the offshore company did not save any taxes because it failed to find oil or make a profit.

Harken registered Harken Bahrain Oil Co. on Sept. 1, 1989, according to Cayman Islands government documents.

It was formed as the Texas-based Harken sought a $25 million contract with the Bahrain government to drill in the waters off the Arab islands.

Harken filings with the Securities and Exchange Commission say the Bahrain contract was run "through its newly-formed, wholly-owned subsidiary, Harken Bahrain Oil Co."

Records show that Harken Bahrain was paid at least $2 million by 1993 for its Bahrain operation, which never did strike oil.

Bush was on Harken's board of directors and a paid consultant from 1986 to 1993.