culture, politics, commentary, criticism

Monday, September 13, 2004
Know the serpent by its scales. How can you spot a Republican? Look for the telltale markings of accounting fraud (
...the Securities and Exchange Commission declined to make public testimony provided by Vice President Dick Cheney during the agency's probe into Halliburton, which Mr. Cheney ran as chief executive from 1995 to 2000, when he resigned to join George W. Bush in a run for the White House.


Meanwhile, regarding Mr. Cheney's testimony, "Since the records were compiled for law-enforcement purposes, the release of which could reasonably be expected to interfere with enforcement activities undertaken or likely to be undertaken by the Commission, I am withholding them," wrote Valerie Lewis, the branch chief in the SEC's Freedom of Information Act Office.

The SEC had investigated the company's failure to disclose a 1998 accounting change made when Mr. Cheney was still running Halliburton. It found Halliburton's change in its accounting treatment for cost overruns on construction projects was appropriate, but that failing to disclose it for a year and a half misled investors. The agency said the then-new accounting treatment reduced losses on several large construction projects.
You can almost understand Cheney's eagerness to mislead voters, or Congress, or US soldiers -- but misleading Halliburton investors? That's downright unenthical, and it sends the wrong message to potential campaign contributors who expect something tangible from their investment in a Bush-Cheney administration. Fortunately, once in office, Cheney was able to focus his generosity on Halliburton investors after his initial apparent deception.

The SEC, four years after the reasonable onset of investigative action against Cheney/Halliburton, has suppressed its role as the voice of the small investor and instead is doing its part to insulate Cheney's reputation and its necessary shroud of secrecy.

Greatest Hits · Alternatives to First Command Financial Planning · First Command, last resort, Part 3 · Part 2 · Part 1 · Stealing $50K from a widow: Wells Real Estate · Leo Wells, REITs and divine wealth · Sex-crazed Red State teenagers · What I hate: a manifesto · Spawn of Darleen Druyun · All-American high school sex party · Why is Ken Lay smiling? · Poppy's Enron birthday party · The Saudi money laundry and the president's uncle · The sentence of Enron's John Forney · The holiness of Neil Bush's marriage · The Silence of Cheney: a poem · South Park Christians · Capitalist against Bush: Warren Buffett · Fastow childen vs. Enron children · Give your prescription money to your old boss · Neil Bush, hard-working matchmaker · Republicans against fetuses and pregnant women · Emboldened Ken Lay · Faith-based jails · Please die for me so I can skip your funeral · A brief illustrated history of the Republican Party · Nancy Victory · Soldiers become accountants · Beware the Merrill Lynch mob · Darleen Druyun's $5.7 billion surprise · First responder funding · Hoovering the country · First Command fifty percent load · Ken Lay and the Atkins diet · Halliburton WMD · Leave no CEO behind · August in Crawford · Elaine Pagels · Profitable slave labor at Halliburton · Tom Hanks + Mujahideen · Sharon & Neilsie Bush · One weekend a month, or eternity · Is the US pumping Iraqi oil to Kuwait? · Cheney's war · Seth Glickenhaus: Capitalist against Bush · Martha's blow job · Mark Belnick: Tyco Catholic nut · Cheney's deferred Halliburton compensation · Jeb sucks sugar cane · Poindexter & LifeLog · American Family Association panic · Riley Bechtel and the crony economy · The Book of Sharon (Bush) · The Art of Enron · Plunder convention · Waiting in Kuwait: Jay Garner · What's an Army private worth? · Barbara Bodine, Queen of Baghdad · Sneaky bastards at Halliburton · Golf course and barbecue military strategy · Enron at large · Recent astroturf · Cracker Chic 2 · No business like war business · Big Brother · Martha Stewart vs. Thomas White · Roger Kimball, disappointed Republican poetry fan · Cheney, Lay, Afghanistan · Terry Lynn Barton, crimes of burning · Feasting at the Cheney trough · Who would Jesus indict? · Return of the Carlyle Group · Duct tape is for little people · GOP and bad medicine · Sears Tower vs Mt Rushmore · Scared Christians · Crooked playing field · John O'Neill: The man who knew · Back to the top

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