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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (466047)3/26/2009 2:20:59 PM
From: Steve Dietrich  Read Replies (3) | Respond to of 1574491
 
Do you know that one of the most fundamental principles of accounting is "comparability"? That is, you don't just make changes in year x+1 that will make it more difficult or impossible to compare with year x.

This is such an egregious violation that substantial portions of any accounting curriculum involve "accounting changes" and how revisions to accounting processes are incorporated into financial statements in such a way that comparability isn't compromised.


What a brainless, absurd argument. Simply score Bush's deficits using the same accounting as Obama is now using and you have your comparability.

There's no excuse for dishonest, smoke and mirrors accounting from our government. Any steps towards more honest, transparent accounting is a good thing, your ridiculous excuses not withstanding.

As to SS and Medicare, this is a $50-60 Trillion problem. To suggest that it is something that is just going to appear in 10 years is borne of total ignorance.

This has absolutely nothing to do with what i wrote:

The deception of counting the SS surpluses as revenue will work itself out: As the baby boomers retire, SS will no longer be running a surplus. I think that happens in about 10 years.

Is it your stupidity or dishonesty being exhibited here?

SD