Desperate Democrats Haul Out Old News To Disparage President Bush

Foxnews.com ^

[Retired Chemist]

WASHINGTON

[RAT Patrol]

Good for Fox for exposing the RATS.

[liberallarry]

I believe this news is about as old as the news about the Clintons' business deals. Politics is a hard and dirty game.

[bushfamfan]

I hope the administration will not accept this slander going on.

[mombonn]

What a hoot - they KNOW how lame this is. Why else would they trot it out at the beginning of a LONG weekend?

By Monday, it will be SO September 10th!

Keep digging, demonrats, maybe you'll find that the President was guilty of jaywalking at age 7.

[Sonny M]

Here's something nobody has said anything about, even here on free republic. All these corporate scandals seem to have been going on for awhile, they all started under Clinton, what the hell was the head of the SEC doing then, sitting on his ass and twiddling his thumbs? Now Bush and Pitts are here and everyone is getting caught, and this is Bush and Pitts fault? Did Clinton know these corporate misgivings were going on, and let them happen so that he could say he had a good economy going? Imagine if you are a serial killer, and the cop on the case doesn't catch you, even if it happens under their very noses, now a new cop comes in and nails you for the crimes. Is it the new cops fault that you weren't caught on the previous officers shift, does the new cop get the blame? Does any of this make any sense to anyone?

[Paul Atreides]

Before long, the Dimwits will be claiming that Lee Harvey Oswald was actually a member of the Bush family.

[gov_bean_ counter]

, what the hell was the head of the SEC doing then, sitting on his ass and twiddling his thumbs?

I think it goes all the way up to Treasury. Robert Rubin had a direct line to Wall Street and the Board rooms. He helped decide which rules would be enforced and which wouldn't. Turn over Rubin and a whole lot of stuff falls into line.

[folklore]

NBC had a grafic of $1,000,000. They said the white house backtracked today, after these revalations came to light. On another thread, someone said this is Friday news, so they can say they reported on it. Old news.

[Paul Atreides]

Here is one of the basic laws of Clintonism:

Whatever good that happens, while Bush is President, was really accomplished by Bill Clinton; whatever bad that happens, it started after Bush became President.

[Wild Irish Rogue]

Another angle to your observation. Perhaps the great economy and boom times, that Clinton and the Democrats always take credit for-weren't so great after all,it looks like some of it was built on a house of cards.

[ChadGore]

LOL ! This is funny. All that talk about Martha Stewart being so intimate with the DNC must has really hit a nerve.

[Paul Atreides]

And, the dims keep whining about bi-partisanship and the politics of personal destruction.

[Paul Atreides]

Hehehehehe! They must have put Murrymom in charge of that strategy.

She sure has been silent lately. I guess the doctors finally got the dosage correct.

[folklore]

Now NBC follows up with the wrist wing, when they interview all past people who worked there. If you didn't see it, don't.

[ChadGore]

You're onto something.
During the slight recession in the early 90s, the libs used a tagline about "the sins of the 80s" in a backhanded slap at Reagan.

We could do the same thing useing "the sins of the 90s". The wonderful thing is that the word SIN can mean sooo many things to sooo many different people.

A typical discussion about the economy would be peppered with "sins of the 90s", reminding people, of course, once again, about, the impeachment of the 42nd president of these united states and the failure of the democrates to actin the best interest of the country.

[Fast 1975]

These "corporate scandals" are peanuts compared to the financial corruption by the federal government- Where are the prosecutions for all the misappropriated waste, or even "lost" money in Washington. Not to mention Al Gore and his cronies stole silverware, trashed the Executive residences, and sold government property (military technology) for campaign contributions. Noone was faced with imprisonment for not buying Enron or Worldcom shares. BTW, what ever happened to those "Fleecing of America" segments on the nightly news? They seem to have been replaced by geriatric health topics.

[folklore]

You hit the nail on the head. The excess of the 90's. Dot.coms, the roaring twenties, ROBERT RUBIN.

[rdavis84]

You asked a series of questions. Here's some more of that "old" info ----

Investigative Report
Bush Violated Security Laws
Four Times, SEC Report Says
By Knut Royce

(Washington, Oct. 4) George W. Bush violated federal securities laws at least four times when he was a director of a Texas oil firm in the late 1980s and early 1990s, according to an internal government report.

The document was prepared by the Securities and Exchange Commission in 1991 during its well-publicized investigation into whether Bush had benefited from insider information when he sold Harken Energy Corp. stock before its value plummeted, and then failed to promptly report the transaction to the SEC in violation of federal law. Bush’s stake in Harken helped make him a multimillionaire.

The internal SEC memorandum, prepared by the commission’s enforcement division and obtained by The Public i from sources, discloses what was previously not known--that Bush also had been tardy in reporting three other transactions involving stock in Harken, on whose board he sat as director.

(This report was prepared in collaboration with Talk magazine, whose article, "George W. Bush . . . And the Horse He Rode In On," appears in the magazine's November issue.)

The Securities and Exchange Act of 1934 requires company insiders to disclose publicly, in a report called a Form 4, all stock purchases and sales by the 10th day of the month following the transaction.

 A former SEC official who asked not to be further identified said that he could recall at least one instance—involving the late stock manipulator Alexander Guterma, who began a three-year prison term in 1960 for a variety of securities offenses — where a prison sentence was imposed for failure to report a transaction. More commonly, he said, the SEC has obtained court injunctions barring frequent violators from repeating the offense. But he said that instances of insiders filing late disclosures were “fairly common’’ and that the SEC, with a limited staff, seldom pursued those cases.

The filing requirements are not a trivial matter. Insider transactions can sometimes alert outside investors that corporate officers or directors are nervous about the company’s earnings or growth. They can also alert the SEC that an officer or director benefited from information that only an insider could have known, a violation of securities laws.

	Related Reports
	- Bush’s Insider Connections Preceded Huge Profit On Stock Deal (April 4, 2000)    - Overnight Guests at Governor’s Mansion Added $2.2 Million to Bush Campaign. (March 15, 2000)    - Under the Influence --George W. Bush: Pragmatic, with Ties to Corporate America (Feb, 28, 2000)    - How George W. Bush Scored Big with the Texas Rangers (Jan. 28, 2000)

Bush, the SEC memo noted, had on four occasions filed late Form 4s involving Harken stock worth more than $1 million. The tardiest—34 weeks late—was his Form 4 report disclosing that he had sold $848,560 of Harken stock on June 22, 1990, just weeks before the company filed a quarterly report revealing that it had hemorrhaged $23 million during that period. Bush had sold his stock for $4 a share. By the end of the year it was trading not much above $1.

Remainder of article ---- http://www.public-i.org/story_01_100400.htm