More examples of accounting fraud

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from Wall Street Journal of 18 Mar 2004 page A4 Medicare Actuary Reveals E-Mail Warning
Medicare's chief actuary was warned last year that he could be accused of "insubordination" if he shared information with Congress about a White House backed prescription drug bill without the approval of his politically appointed superiors, according to e-mails he has made public.
The June 20 directive to Medicare actuary Richard Foster came in an e-mail from the top aide to Thomas Scully, then the administrator for the health-care program. "Work up numbers and share them with Tom Scully only. NO ONE ELSE" reads the message from Jeffery Flick, the last portion in a bold faced capital letters. A second warning, also in boldface, follows in the same message: "The consequences for insubordination are extremely severe."

What else is new? This administration outrightly misrepresented facts to justify an invasion of Iraq - going so far as to even 'out' a CIA agent. Routinely perverted science for political agenda as even the Union of Concerned Scientists have recently stated - bluntly. Even undermined the Oslo Accords - part of a program to eliminate anything by Clinton.

Of course Arthur Andersen openly cooked the books for so many companies that also contributed to the George Jr bribery fund. Where is prosecution of top Arthur Andersen executives who cooked those books? It continues beyond Arthur Andersen. KPMG has a long list of cooking books - MCI Worldcom and Xerox - as well as misrrepresenting financial products to advance those many companies at the expense of small investors. KPMG, Doulouth & Touth, etc all are not even a subject of investigation having so strongly contributed to the George Jr bribery fund. Cook the Medicare books? What else is new?

Wall Street Journal even prints a copy of the memo entitled Re: Congressional Requests. How dare members of the executive branch tell the truth to Congress. This memo was in direct response to three requests from the House Ways and Means Committee for information. In the very first days of the George Jr administration, loyalty was explicitly commanded as most important. More important than honesty. We now know, repeatedly, that this administration was telling the truth when loyalty would come before all else - as was also demanded by the Nixon Administration.

BTW, what do those Medicare numbers expose? That the George Jr Medicare bill will cause massive - potentially destructive - deficits. Reminds me of a current credit card commercial - its not my money.