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Cheney scandal STILL has legs... Daschle now talking about it

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janekat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-03 02:39 PM
Original message
Cheney scandal STILL has legs... Daschle now talking about it
Check it out. It's all over google news today:

http://news.google.com/news?q=daschle+halliburton+contract+iraq&num=30&hl=en&lr=&ie=UTF-8&filter=0

The article about how this matter had been dropped was from 9/15. It has been resurrected!

http://www.abcnews.go.com/wire/Politics/ap20030917_444.html
Daschle Joins Cheney-Halliburton Critics
AP
http://www.ftimes.com/Main.asp?SectionID=1&SubSectionID=1&ArticleID=18205
WASHINGTON - Democrats are stepping up criticism of Vice President Dick Cheney's former connection with Halliburton, a government contractor in Iraq that is receiving growing work to restore that country's oil industry.

Senate Democratic Leader Tom Daschle joined the critics Tuesday, several days after new statements from two Democrats who have been relentless on the subject: Rep. Henry Waxman, D-Calif. and a presidential candidate, Sen. Joseph Lieberman of Connecticut.


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BJ Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-03 02:47 PM
Response to Original message
1. Still has legs!!!...They're as long as a giraffe's!!!
Edited on Wed Sep-17-03 03:00 PM by BJ
Looks like the congressional Dems mean business too! Joe Lieberman's getting involved!
(-snip-)
"...In 1993, the Financial Accounting Standards Board (FASB), the body responsible for setting accounting standards in the U.S., attempted to fix stock option accounting. The proposal required stock options to be valued, and that value recorded as an operating expense over the period of time that the options vested. A wide constituency of business interests opposed this. In support of these business interests, Senator Joseph Liebermann (D-Conn.) introduced and obtained support for the “Equity Expansion Act of 1993”. This was the first time that Congress intervened in a purely accounting matter. Lieberman’s act negated the FASB’s proposal for all public companies. In 1994, Lieberman continued the assault with the “Accounting Standards Reform Act of 1994”, which would have required the SEC to review and approve all new accounting standards. The 1994 legislation effectively would have removed the FASB’s authority. In response, the FASB changed its position to the rules that now exist. FASB folded, and said so. According to John Foster, a board member, “We know this isn’t the right answer, but the debate has been so divisive, we need to bring closure to this item.”

Lieberman won, and investors that depend on fair financial statements lost."

(-snip-)
http://www.fulcruminquiry.com/article21.htm
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Unknown Known Donating Member (829 posts) Send PM | Profile | Ignore Wed Sep-17-03 03:08 PM
Response to Reply #1
3. Henry Waxman has been a foot soldier for us in this fight.
He has persistently and efficiently been documenting all the Bushlies. Here is the website where most of this information is -

http://www.house.gov/reform/min/inves_admin/admin_nuclear_evidence.htm
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BJ Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-03 03:13 PM
Response to Reply #3
4. Yeah, Henry's a good one. Wish we had more like him.
Edited on Wed Sep-17-03 03:24 PM by BJ
And fewer like Joe.
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calimary Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-03 02:55 PM
Response to Original message
2. Henry Waxman ROCKS!!!! Sumbitch - he's MY guy!
Yet another reason to enjoy living in this corner of Southern California!

GUYS, we need to call ALL our congresspeople and senators and EXHORT them to press, HARD, on these issues! It's Dog-On-The-Pants-Leg for dick cheney now! Or it SHOULD be!!!
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indepat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-03 03:14 PM
Response to Original message
5. Who the hell is this Daschle
fellow?
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janekat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-03 03:16 PM
Response to Reply #5
6. Uh - I think he might be in charge of the commissary... n/t
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whirlygigspin Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-03 03:23 PM
Response to Reply #6
7. Please don't critisize Dashle
it's hard to be invisible and lead.
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janekat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-03 03:31 PM
Response to Reply #7
9. Sorry - You're right. He actually tried to stop Bush UNLIKE others
n/t.
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Dude_CalmDown Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-03 03:26 PM
Response to Original message
8. Jayzus Man. When Lieberman is so moved as to attack a puke you know
the fit has hit the shan.
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ArkDem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-03 03:59 PM
Response to Original message
10. Yes, it’s been a veritable crescendo!
.
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