Kerry M. Kerstetter, CPA (referred to as The Tax Guru by other CPAs around the country) helps capitalists, investors & small business owners win the tax game. See www.TaxGuru.org for much more detailed info.
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Tax Guru-Ker$tetter Letter
Friday, June 28, 2002
Double Standard Accounting
I in no way intend to defend the crooked accounting now coming to light by large corporations. I just couldn't help but laugh at the hypocrisy of Bush threatening jail time for the book cookers, while these kinds of phony accounting techniques, and plenty of much worse ones, are routinely done by the Federal government's own accountants.
How soon do you think it will be before any of them are sent to prison? About the time that Hell sends an ice hockey team to the Olympics. The fact that there are hundreds of millions of victims of the crooked government accounting (many times the number of WorldCom, Enron, et al victims) is beside the point.
KMK
- posted by Kerry M. Kerstetter, MBA~CPA~ATP~ATA @ 6/28/2002 04:58:00 PM Send this post:
