Posted on 07/09/2002 4:44:40 PM PDT by Paul_E_Ester
(Washington, D.C.) Judicial Watch, the group that investigates and prosecutes corruption by government officials, announced today that it is filing a shareholders suit in Dallas, Texas, against Vice President Dick Cheney and the other involved directors of Halliburton, as well as Halliburton itself, for alleged fraudulent accounting practices which resulted in the overvaluation of the companys shares, thereby deceiving investors and others.
The suit comes one day after President George W. Bush, who himself is enmeshed in allegations of insider trading when he was an executive, who sat on the audit committee of Harken Energy Company, announced a plan to crack down on corporate fraud. Ironically, it would appear that the Presidents rush to propose more regulation of private industry is intended to deflect attention away from his and his Vice Presidents own alleged improper business practices. President Bush has maintained that he was cleared by the Securities and Exchange Commission. Others have countered that the head of the agency was then an appointee of his father, President George H.W.Bush.
President Clinton and the Democratic Party used a similar gambit when they were caught taking money illegally from foreign donors, including the Communist Chinese. Instead of prosecuting vigorously the Clintons and other guilty politicians, new campaign finance laws were proposed to deflect attention away from alleged crimes.
Whether it is the Enron, Arthur Andersen, Global Crossing, or now the Halliburton and Harken scandals, there is a dangerous intersection between politicians of all stripes, Democrat and Republican, attempting to feed at the trough of business greed. As is true of the Clinton scandals, the American people cannot look the other way just because the President and Vice President are allegedly involved. Indeed, Judicial Watch has already sued Democrat and Republican officials in the Enron and Global Crossing scandals. To look the other way for the Vice President would be to set a precedent that the Washington elite are above the law. This cannot be permitted if our democracy is to survive, stated Judicial Watch Chairman and General Counsel Larry Klayman.
In 1995 Halliburton was prosecuted and forced to plead guilty to trading with Libya, a terrorist state on the U.S. watch list.
A press conference will be held in Miami at 9:00 A.M. at the Sheraton Hotel at 495 Brickell Avenue to announce and detail this suit.
I think it is sad that people are so disillusioned that, like you, they have become unwilling to trust anyone. I am not that way.
I actually believe that most of the Republicans, and a few of the democrats, actually are trying to do their best. I will trust Bush and Cheney, until I see them do something unethical. I doubt I will be proven wrong.
Maybe after a few more years you will regain some faith in your fellow man. I hope so, because we are all in this enterprise together, you know.
I'm not kidding. And where have I heard that idiotic phrase before?
That's the spirit! You are terrific!
Thank you.
I think it's about time you apologized publicly for the time you compared me to your mom. Go ahead, I'll wait.
The problem is that it may appear to be different than what is really at the core of a feud and some look or pretend to be much more innocent than they are.
I'm not sure it can change.
I just have very real problems with UnConservative stuff.
I just can't sit back and call something I think is bad, good regardless of who says it.
That doesn't mean come crunch time I am not there for the betterment for all of though.. It just means I am going to bitch about it allot.
Although I understand what you are saying, I am sure that Klayman would not be too touched by the comments and slandering that people here throw at him. People here need to remember that he is a human being too.
As for South's comments, that is not the first time she has brought up my personal life and whether or not I am a 'normal' and a 'datable person'.
BY FR?
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