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Non-Tech : The ENRON Scandal -- Ignore unavailable to you. Want to Upgrade?


To: Skywatcher who wrote (4362)8/13/2002 11:43:46 PM
From: Mephisto  Respond to of 5185
 
"They first must be crushed."

That might be difficult because Bush and Harvey Pitt, the head of the SEC, backtrack on accounting reforms.
They refuse to write off options as expenses, for one thing.

When I think of Bush though, what comes to mind is a huge
cockroach. Like Bush, those nasty insects run for cover when you flip on
the switch in the bathroom of a hotel room. Bush and the roaches never want you to see what
they are up to!

But as far as the economy goes, Bush is probably as useful as a squashed and flattened cock roach.
There is the Cheney problem. And then there are Bush's own problems when he was a member of
the Board of Directors and Audit Committee at Harken Energy. Bush has refused to turn over
additional documents about the Harken problem.

So, if you can crush the CEOs, you may be able to crush Bush and Cheney.



To: Skywatcher who wrote (4362)8/13/2002 11:50:16 PM
From: Mephisto  Respond to of 5185
 
The Cheney Factor
Editorial
The New York Times


August 13, 2002

As President Bush and his economic team interrupt their vacations today
to gather in Texas for an economic conference, Vice President
Dick Cheney may have trouble playing his customary role as elder statesman
The problem is not primarily Mr. Cheney's weak heart,
though that has impeded him, or his disappearances to unidentified secure locations,
which have been the subject of much mirth on
late-night television shows. Mr. Cheney's big problem is that he's
associated with a company,
Halliburton, that is under investigation for
possibly improper accounting practices. That makes him less than the ideal
front man for an administration trying to restore confidence in a
sputtering economy spooked by corporate malfeasance.


Mr. Cheney has rationed his public appearances of late, showing up mostly
at lobbying sessions on Capitol Hill or Republican fund-raisers.
When he takes questions from the public on Iraq or Halliburton,
the troubled energy services company he once headed, Mr. Cheney demurs.
He may be an insider asset to Mr. Bush, but outside his value is tipping from positive to negative.

On the economic issues to be discussed today, Mr. Cheney brings
formidable experience and expertise. He served as President Gerald Ford's
chief of staff, working closely with two other staffers who, like him,
went to positions of greater prominence: Treasury Secretary Paul O'Neill
and Alan Greenspan, the chairman of the Federal Reserve Board. Before
the wave of corporate scandals, Mr. Cheney might have been the
reassuring figure the markets are looking for in this administration.
But he has been severely hampered in recent weeks by a reticence to
talk about his own record at Halliburton. Last week at the Commonwealth
Club in San Francisco, he blandly referred questions about the
S.E.C. investigation to the company's Web site - hardly
the forthright discussion the public deserves.


Mr. Cheney says his service as vice president is the most rewarding experience
of his professional life and he would be happy to run for a
second term if Mr. Bush wishes. But Mr. Cheney does not serve
Mr. Bush well by dodging questions about Halliburton, or repeatedly
declining to identify the people who were consulted by his energy
task force last year. At a moment when Americans are looking to the
government to help remedy the nation's economic ills, Mr. Cheney
looks more like part of the problem than the solution.


Copyright 2002 The New York Times Company
Page A 20, The National Edition



To: Skywatcher who wrote (4362)8/14/2002 2:22:13 AM
From: Mephisto  Respond to of 5185
 
Frittering away time, money in Waco

"If you think the White House is
going to share its bully pulpit or media spotlight, you're crazier than a hopping toad on a flat
rock at high noon in Crawford. Besides, Fleischer argued, anytime a Democratic leader
crosses the White House threshold for talks with Bush, it's a "mini-summit." It's no mystery
why Democratic leaders are being cut out. They might want to talk about Bush's lop-sided
tax cut, which the president not only continues to defend but wants to make permanent."


Aug. 9, 2002, 9:06PM

chron.com

By CRAGG HINES
Copyright 2002 Houston Chronicle