Posted on 07/29/2002 8:19:28 AM PDT by Stand Watch Listen
The latest pissing contest to occupy Washington’s political landscape involves President George W. Bush and former President Bill Clinton over just who is responsible for the corporate greed that led to accounting scandals that have sent the stock market into the crapper.
Bush says the Clinton administration's cavalier attitude towards truth and obsession with money led to a corporate culture where facts became a disposable commodity. Clinton says Bush, who dumped a large pile of stock before Harken Energy tanked, shows he was part of the problem.
Newly released records show Bush knew Harken was in deep financial trouble and sold his stock before normal investors found out. In the financial world, that’s called “insider trading.” The Securities and Exchange Commission investigated Bush’s action and decided not to pursue the matter (which is different than saying he was innocent of using inside information to save his financial butt).
Yet while Bush made a profit while others lost big time on Harken, he wasn't President of the country at the time. Clinton deserves a big share of the blame because, as President, he exemplified the attitude that existed not only in corporate boardrooms but also in many other parts of society.
Bill Clinton’s legacy (if you can call it that) is built on lies, instant gratification and winning at all costs – the exact ingredients that led corporations to overstate earnings, hide expenses and go for the fast buck.
As President for eight of the 10 years of the go-go nineties, Clinton set the tone for America. That tone came from a man who stood up in front of the American people and lied outright by declaring that he “did not have sex with that woman” and then came clean only when the DNA evidence left him no other choice.
Clinton risked everything for instant sexual gratification from an intern, but his problems went far beyond his sex drive. His win-at-all-costs approach to all things governmental and political meant destroying lives, manipulating history for short-term gain and setting an example that anything was permissible in pursuit of victory.
The greatest example of his legacy could be found at a junior high school in the Washington suburb of Arlington where, during the last year of his presidency, a group of 12 and 13-year-old girls admitted performing oral sex of young male students because “even the President said it wasn’t really sex.”
A survey of high school students that same year showed a majority of teenagers in the country felt lying about their actions were acceptable because the President did it.
“Rightly or wrongly, the President sets the moral tone of the nation,” says political historian Donald Settles. “Americans look to their President as an example. If that example is a bad one, it trickles down and becomes the norm for society.”
Sociologist Anne Martensen believes Bill Clinton proved Democracy was alive and well in America in the 1990s.
“According to most polls, a majority of Americans during that decade admitted cheating on their spouses, lying to their bosses and/or friends, cheating on expense accounts and taxes and other lapses in morality,” says Martensen. “If the polls are true, it means Bill Clinton was the perfect President to represent the majority in this country.”
THIS IS A LIE!!!!!!!!!!
Bush was an officer of Harken. Officers of companies, who know their companies are in trouble, sell their stock ALL THE TIME. It is NOT "insider trading". There are many newsletters devoted to tracking the buy or sell orders of executives who trade shares of their own stock. The newsletters are followed by short sellers to see if a trading opportunity exists based on the activities of corporate execs.
An executive who owns shares of his own stock is under NO OBLIGATION to hold those shares if the company is going down. He must merely file the proper forms showing his intention to sell. (or buy). Bush did that.
Didn't the fellow who bought Bush's stock double his money within a year?
Didn't the fellow who bought Bush's stock double his money within a year?I beleive the time line was 5 months. Sept - January
"THIS IS A LIE!!!!!!!!!!"
IT IS A LIE!!!!!!! We need to keep putting this information out there every chance we get along with the fact that soon AFTER Bush sold......THE VALUE OF THE STOCK ALMOST DOUBLED!!!!!!!
We ALSO need to keep pressing the investigators and the media to include ROBERT RUBIN on the short list of witnesses regarding the CitiGroup/Enron debacle.....if the CRAPS are TRULY interested in getting to the "bottom of things"...(and you know they're NOT).....RUBIN is THE GUY!!!!
Bill Clinton's legacy is Starr Report footnote 237.
Executive Order #12946 - subterfuge for the sale of arms, profiting for a few and the DNC? " Trie channeled more than $1.2 million to the DNC and to President Clinton's legal defense fund."Then there is Ted Sioeng, an Indonesian businessman who gave $400,000 to the Democratic National Committee during the 1996 election cycle. "Democratic fund-raiser Johnny Chung set up fake businesses in California with at least a half-dozen Chinese executives to make it easier for them to get U.S. visas...Bill Clinton's leading contributors James Riady, John Huang, and Mark Grobmeyer, all involved with shady business practices in the market, pumping money into the DNC and the Oval Office.
It only gets worse and the Clintons and their cronies plunder America in anyway they can...and they did it all. Bill Clinton traded America across the board and is still lying about it. The Bush administration is as clean as a new born babe compaired to this horribably corrupt past Clinton administration. The history is there all you have to do is read about who is truly responsible for any CEO and market corruption...the fall out ripples are like the waves in the ocean, they just keep coming and coming and the Clintons keep lying and lying and the media keeps the "it wasn't my fault, I did everything I could to stop the corruption of CEO's and others" propaganda of this singularly treasonous and filthy man coming at us with more lies.
I think the wording here leads to the assumption that Bush was guilty, but the SEC just decided not to pursue the matter. This is another lie that the Democrats like to casually throw into the discussion.
| clin-ton (clint’ n) [after Bill Clinton, late 20th century disbarred U.S. president whose administration is remembered primarily for impeachment, corruption and scandals. Commonly referred to as: DIRTPOTUS…Disbarred Impeached Rapist Treasonous President Of The United States] and as ’Clinton bin Lyin’ --n. 1. Any lewd advance towards a person of the opposite gender, usually involving touching …*The boss did a clinton on his defenseless secretary* 2. Any instance of speech or conduct involving calculated deception …*The press conference on Kosovo was a real clinton* 3. Clintonitis A virus enduring all immune-system countermeasures of rejection …*Clintonitis is like a case of a sexually transmitted disease that just won't go away. The full extent of the pernicious aliment politicus Clintonitis, long unmentionable in mixed company, has intruded in full disgusting conspicuousness upon the national consciousness. * 4. clintonoid To adhere to, defend and support blindly, regardless of evidence, to speak with guile and malice; possessing the worst attributes of the First Felon ….* The clintonoid presstitutes, Brokaw, Jennings, Rather, Rivera, continued to spike all news detrimental to the administration.* --vt. 1. To grope a person of the opposite gender in an unwelcome, unwanted manner …*He tried to clinton the man’s wife* 2. To communicate in a manner which clouds the truth by omitting essential information, or by playing with the meaning of words, or by other such deceptive means …*He clintoned his answer so much that nobody understood it* 3. To shamelessly promote a falsehood as the truth…*"Ken Starr – out of control," clintoned the media. President Bush’s Economy was the worst in the last 50 years was largely clintoned by the mainstream press * --vi. 1. To act in a boorish manner while self- righteously maintaining the appearance of dignity …*He continued to clinton while the polls held up* --adj. 1.Characterized by sleaziness or deceptiveness, lacking moral guidance …*It was a classic clintonian response* or *America’s downfall was due to the clintonization of society* 2. To foster divisiveness among races, creeds, genders, generations, classes, occupations, political parties…*The clintonized warring factions were not willing to enter peace talks* 3. ????? Clintonesque - adj. describing a deceptive use of language via careful parsing of words to render a sentence meaningless or intentionally opposite of it's obvious meaning. Eg. ("To answer the question "Is he having an affair?" with "No, he's having lunch." |
Also not true....had you bought the stock and kept it for a year you would have doubled your money...
This sums it up dude!
Many still long for the impeached/rapist... and his wife.
Execs in companies have every legal right to buy OR SELL shares of the stock in the companies they own/work for. Happens every day, and as I said, there are probably 20 newsletters that do nothing but track these legal buy and sell orders from corp. execs in their own companies.
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