quote:"The law was co-sponsored by former representative Christopher Cox, a California Republican whom Bush later named chairman of the Securities and Exchange Commission, and Representative Edward J. Markey, Democrat of Malden."
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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Tex is paying close attention and is clearly a lot more aware than a majority of traders.
I came across that article about Bush ignoring laws while researching Christopher Cox.
Cox is a known criminal.
Of interest, Cox recently spoke about protecting the elderly from fraud. Cox was previously indicted for his role in defrauding thousands of the elderly of hundreds of millions.
Cox was directly involved in California's worst Ponzi scheme of history which defrauded the elderly of their life savings.
Cox is currently pushing for loopholes in laws which force disclosure of executive pay and unlawful back-dating of options for executives. Cox is doing this, quietly.
For the public, Cox brags of cracking down on hidden excessive executive pay, but is privately trying to defeat the law via loopholes to protect crooked executives.
Cox also wrote, lobbied and passed laws which enabled Worldcom and Enron.
Recently Cox also bragged about conviction of Enron executives as a "victory" for the public yet he wrote the laws which afforded Worldcom and Enron an ability to perpetrate those crimes upon America.
"The law allows Bush to waive the ban...."
Yep, Cox wrote loopholes into that law to give Bush an ability to ignore laws.
Bush then appoints Cox to chair the SEC.
What a coincidence. Two foxes in the henhouse.
I warned readers about Cox, urged readers to rise up in protest. I wrote hundreds of letters to politicians and the media to halt the Cox appointment to chair the SEC.
Now a criminal heads the SEC and he is assisting Bush to ignore laws and our constitution.
Readers who believe researching stocks amounts to nothing more than reading pump and dump articles, you are fools.
You should be researching every aspect of the markets from top to bottom, including the power broker politics of Wall Street.
Readers will never make good money if you do not know what is going in the world of Wall St.
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During the 1990s, President Clinton provided a nuclear reactor to North Korea as part of a deal to get that country to stop developing nuclear weapons. North Korea developed a nuclear bomb anyway...
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quote:Originally posted by westcott: During the 1990s, President Clinton provided a nuclear reactor to North Korea as part of a deal to get that country to stop developing nuclear weapons. North Korea developed a nuclear bomb anyway...
yup, not a great precedent, eh?
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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i propose a NEW way to decide if a political move is good or not... now, i know this is gonna be hard for some of you but i want you to just give it a try....
if you are a Bush supporter? i want you to ask yourself: "If Clinton had done this? would i critisize him for it????
if so? you probably need to critisize it too...
if you are a Bush hater? i want you to ask yourself: "If Clinton had done this? would i critisize him for it???
if not? then you probably need to find soemthing else to critisize Bush for... don't worry, there'll be plenty
i know, i'm stupid to think this is possible.....
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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To keep deliberations private Vice President Cheney's energy task force in 2001 refused to release the names of industry executives consulted during its deliberations. A U.S. District Court judge in December 2002 dismissed a lawsuit by the non-partisan General Accounting Office seeking the information. now that some of those attendees MAY (or may not) have been convicted of felonies? i think this one needs to be revisited...
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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The activities of the Energy Task Force remain classified, even though Freedom of Information Act (FOIA) requests (since 19 April 2001) have sought to gain access to its materials. The organisations Judicial Watch and Sierra Club launched a law suit (U.S. District Court for the District of Columbia: Judicial Watch Inc. v. Department of Energy, et al., Civil Action No. 01-0981) under the FOIA to gain access to the task force's materials. On 5 March 2002 the US Government was ordered to make a full disclosure; this has not happened, pending appeal. In the Summer of 2003 a partial disclosure of these materials was made by the Commerce Department.
What was obtained were maps and charts, dated March 2001, of Iraq's, Saudi Arabia's and United Arab Emirates' oil fields, pipelines, refineries, tanker terminals and development projects. One of the projects disclosures was entitled "Foreign Suitors for Iraqi Oilfield Contracts".
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Enron CEO Kenneth Lay knew he needed high-level help. So he arranged to meet with a man who had headed a corporation with extensive business ties to Enron and who had been a prime recipient of Enron's political largesse. Vice President Dick Cheney cleared his calendar for an April 17 private meeting with Lay regarding what aides described as "energy policy matters" and "the energy crisis in California." At the meeting Lay handed Cheney a memo that read in part: "The administration should reject any attempt to re-regulate wholesale power markets by adopting price caps...."
The day after he met with Lay, Cheney gave a rare phone interview to the Los Angeles Times that had one recurrent theme: Price caps were out of the question. Dismissing the strategy as "short-term political relief for the politicians," Cheney bluntly declared, "I don't see that as a possibility."
and CA had passed a law requiring electric cars be offered for sale to the public...
while i was living at UC Riverside? i saw them being used by several departments for evaluation...everybody i spoke with loved them.... maintenance crews were using pick'emup trucks, the physics dept had a fleet of cars you "check out" and use...grad students profs etc... they were all over the place on campus in 98, 99, 00....
then came the so-called "CA electricity crisis"
By 2003, electric cars were to comprise 10 percent of all cars sold in California annually--at least 200,000 vehicles. In the face of withering criticism from scientists, engineers and economists, the state has backed off somewhat, and the 10 percent mandate will now take effect in 2005. General Motors, Chrysler and Ford, as well as the big automakers of Japan, will face fines of $5,000 for each car under the required threshold. this is a very old article: 1996.... http://www.mackinac.org/article.aspx?ID=16
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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