I really do feel for this guy. I know he was probably a plant at the Obama rally, but I doubt he was prepared to be under this much scrutiny. If he was a plant, shame on the republicans for shoving him into the limelight...and whether he was or not, shame on the rest for pursuing him.

Oh don't feel sorry for the man. He's gotten himself an agent!

"Bush Did It!" - tw

TheMercenary could not even graduate from college. Even the unibomber did that. Even George Jr did that. Even Sarah Palin is rumored to have done that.

I graduated from college 2 times! :D So why did you delete your multi-paragraph rambling's on tw. Does it make you angry when I make fun of how you blame everything on Bush and make completely false claims without any footnotes or citations?

That looks like a hypocritical statement. IS that tw attacking or mocking or disparaging another poster? Is that not what tw claims to dislike abhor and accuse others for doing? Seems like it to me.

Where does the FDIC legislation make Enron accounting illegal? It does not. The 1991 legislation addresses principles from Basel 1 - an international standard for how much equity a bank must hold. Equity in banking – not public corporation accounting standards.

BTW, the US is the only nation that does not comply to the International standards for accounting? The US standards are different from the rest of the world.

Only American banks required to meet Basel 2 are those who operate internationally. And those are the banks that have been so stable during this meltdown. Where did George Jr implement Basel 2? He did not even do that.

Enron style accounting remains so common as to even be evident in AIG just before its collapse. The detail cited in numerous other posts. Yes, the auditor had doubts. But today's deregulated accounting and near zero SEC enforcement made it difficult even for the internal auditor or PriceWaterhouse to see that AIG was collapsing.

Fortunately we have the accounting that a business school graduate - George Jr - wants. So what happened to all that cash in the Highway Trust Fund that the spread sheets say is still there? Sabanes-Oxley does not even require the president to sign off on the accounting.

UT tells us that the new American deregulated accounting standards are good? UT - show me where Enron style accounting practices were made illegal. You cannot. AIG was fully involved in hiding losses even just before the collapse. So what are these 'surprise' AIG losses that have already consumed $120billion? UT tells us everyone knew about these losses? Hardly. Due to today's deregulated accounting, nobody knows how much more AIG will lose.

So you are a liar as well as a poster of insults and mockery. How curious that right wing wacko extremists are perverse liars.

Why do you want to turn the Cellar into a playground of insult and mockery?

I don't know anything about Merc's truthiness, but I know liars attract liars, and they run in packs. I hope it's not catching.

It's pretty simple, someone lies once about something major, they'll lie about everything else too.

Sad, ain't it? :headshake

:D

:D 2 times! :D

TW #82: The Republican Congress also eliminated the regulations that made this whole meltdown possible.

L123 #83: tw, which regulations did the republican congress eliminate that caused the current mess?

TW #85: Some of the so many posted previously in other threads.

UT #88: Point to ONE. Just ONE.

TW #97: (doesn't point to one)

Question is repeated for clarity:

tw, which regulations did the republican congress eliminate that caused the current mess?

adult is to go and find the previously posted replies
childish is to yell and scream in bold letters

i really regret losing the password for tw. any chance you could reset that and set it to a new email for me?

its the same as anonymous now

uh oh - this sounds dangerous.