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Flame war. |
Posted on 07/10/2002 11:04:03 AM PDT by SierraWasp
12:57PM Halliburton responds to Judicial Watch lawsuit (HAL) by Michael Baron Halliburton (HAL) is off 30 cents, or 2.1 percent, to $13.82, in midday action. The company is out with a press release responding to a lawsuit filed by Judicial Watch, a Washington, D.C.-based legal watchdog group. The suit alleges fraudulent accounting practices at Halliburton took place during the period when current vice president Dick Cheney served as its chairman and CEO. Halliburton called the claims in the suit, "untrue, unsupported, and unfounded." The company continued: "We are working diligently with the SEC to resolve its questions regarding the company's accounting procedures. Halliburton has always followed and will continue to follow guidelines established by the SEC and GAAP, General Accepted Accounting Principles."
I do agree with you that Larry should comply with the IRS request. Even if it means going through the motions. If Larry has nothing to hide, he should comply but he'd be very wise to inquire the lawful reasonable and/or probable basis for this audit. That's my point being made on this. The IRS has no lawful jurisdiction in this Country to begin with let alone intruding on the privacy of ANY private citizen. That is a fact.
Nope, you most assuredly do NOT know American / Market history at all. There isn't a shred of evidence, to support your ridiculous claims. The truth is, that '29 was a bubble; just as the latest " tech bubble " was and collapsed. It was almost " saved "; however, Joe Kennedy and his short selling buddies foiled it; slightly. The facts are, that the Market WAS revived and didn't go into a tailspin, until years later. Guess that you never heard of Smoot -Halley and all of the other little government disasters, that were supposed to " fix ": things, but only made things very much worse. Gee, even the invention of the SEC, didn't " catch the crooks ", since FDR made dear old Joe Kennedy the head of it.
Was your father a broker, in '29, or just a greedy gus, who bought on margin, dear ? Just because he weathered THAT particular storm, doesn't mean that he is an " expert ". :-)
Halliburton must prove to the SEC that its collection estimates were reasonable. "If it looks like they were just fabricating the numbers, that verges on fraud," says J. Edward Ketz, professor of accounting at Penn State University. Foshee says the company has an "extremely sophisticated model" for estimates and that projections were sound.
Oh really? May I suggest a reader for you to find out for yourself what really was behind this crash and what is in store for us on the next one? Try this reader, The Creature from Jekyll Island 1-800-595-6596. It's alot more of an education than anything you were fed in school.
Was your father a broker, in '29, or just a greedy gus, who bought on margin, dear ? Just because he weathered THAT particular storm, doesn't mean that he is an " expert ". :-)
My father lost all his gold investments in the market crash thanks to commie traitor FDR who had the banks closed down from March 6-9 of 1933 known as the Bank Holiday Act. Everybody's gold was confiscated from the bank and vaults on the weekend. I'm talking about gold, honey. The real lawful money and not the funny money you tote around these days. No, he was not an expert but he was a true American who believed in the American dream. And with not even a high school diploma this man started his own company. I'm proud of my father as his Italian roots were deeply rooted in making money the independant and self-reliant way. You don't make money working for somebody else.
I would give you a book list ; however, you wouldn't read / belive any of it. So, I shall just tell you, that , unlike you and your father, I know an " expert " ; been married to him for 35 + years. I also know the stories about the Crash of '29 from my own family , as well. On top of all of that, I did learn about it in school, and have done extensive reading about it, as an adult. You are not only 100 % incorrect, you are gullible.
I know ALL about what FDR did. Do you imagine, that YOU are the ONLY one who doesn ? That's laughable, to the nth degree. Oh, and FYI ... what happened in 1933, had NOTHING , whatsoever, to do with a Market bubble, filled with people buying on margin, which was what fuelled THE CRASH ! The '87 " crash " was fuelled by "programs ", and not over extended margin calls, made to a vast majority of people, who had no business being invested in the Market anyway. Just a little " insider " info, my dear.
Now, as far as your silly goldbuggery goes, you'd actuallay do far better, if you had been invested in diamonds. The Hunt brothers' lamentable silver snatch, of a few decades back, didn't work out all that well, and neither has gold done as well ; for all of your silly rant about " funny money ".
You are the LAST person, whom I would take " advice " from. Be proud of your father ; however, I don't need a lecture about entrepenurial matters , from you nor him. I shan't talk about me , or mine; just say that you don't have any idea to whom you're writing your drivel to, so don't assume anything about others. LOL
Hey, if we don't set the record straight, some lurkers might actually believe some of the bildge that gets posted here. :-) If you want to know just how and why I know so much about the Market, FREEPmail me, dear FRiend. :-)
Another topic, about which, you obviously haven't a glimmer of an idea about.
I state facts ; not some bizarro tinfoil hat junk. I also don't usually type the bleeding obvious. There's nothing " personal " about my refutations, at all. I just don't let drivel go unanswered. :-)
Yes, you do have the right to question the IRS. I do it all the time. The IRS is a non-government entity of foreign source that has no lawful jurisidiction in the United States of America. There is also no law reported in the Federal Register that states that one is personally liable to file income tax "returns". All that is ever stated to citizens is some Title 26 U.S.C. which is private law and has no lawful force unless it is recorded in the FR. Noone is obligated to testify against themselves to "perjure" themselves on some bogus "return". To do so, that individual waives their constitutional rights. I question the law when it involves "voluntarying" my hard earned money and my personal rights under the Fifth Amendment. As much as citizens are expected to abide by the laws so are government officials. As for the IRS, they are outside the law. In fact, they are outlaws which need to be investigated under the RICO statute!
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