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Qtec
09-26-2011, 03:56 AM
Leave it to Maddow to lay it out. She rips the myth to shreds.

job creator myth (http://www.msnbc.msn.com/id/26315908//vp/44634221#44634221)

In short, the Koch Bros increased their wealth by 30% in the last 2 years [ its a recession remember!!!]. At the same time they layed off 67,000 American workers.


Job creators???????


Q....watch it.

Gayle in MD
09-26-2011, 09:21 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Qtec</div><div class="ubbcode-body">Leave it to Maddow to lay it out. She rips the myth to shreds.

job creator myth (http://www.msnbc.msn.com/id/26315908//vp/44634221#44634221)

In short, the Koch Bros increased their wealth by 30% in the last 2 years [ its a recession remember!!!]. At the same time they layed off 67,000 American workers.


Job creators???????


Q....watch it.



</div></div>


<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">In short, the Koch Bros increased their wealth by 30% in the last 2 years [ its a recession remember!!!]. At the same time they layed off 67,000 American workers.


Job creators???????


</div></div>



And, that's pretty typical across the board, in their industry.

That sentence should be quoted in every post. Maddow is very good, and very honorable.

The Repiglican myths only fly with the brainwashed, flyover bubbas.

Repigs want Americans to forget their whole last twelve years of blowing money, and doing nothing but blowing money, and overlooking corruption, actually, protecting corruption.


When McConnell spewed out that reference to the definition of insanity....a week or so ago, I couldn't believe my ears!

He is a true demon.

G.

cushioncrawler
09-26-2011, 03:58 PM
Indictment and trialMain article: Trial of Kenneth Lay and Jeffrey Skilling

Skilling was indicted on 35 counts of fraud, insider trading, and other crimes related to the collapse of Enron. He surrendered to the Federal Bureau of Investigation on February 19, 2004, and pleaded not guilty to all charges. The indictments were primarily focused on his probable knowledge of, and likely direct involvement with, the fraudulent transactions within Enron. About a month after quitting Enron, Skilling sold almost $60 million of his stake in the company (in blocks of 10,000 to 500,000 shares), leading to the prosecutors' allegation that he sold those shares with inside information of Enron's impending bankruptcy. Skilling's lead attorney was Daniel Petrocelli, the 52-year-old civil litigator who represented Ron Goldman's father against O.J. Simpson in the negligent death civil suit successfully brought against the former football star and sports broadcaster. Skilling spent $40 million in preparation for the trial, of which at least $23 million went to his defense lawyers' retainer. Skilling's younger brother Mark is an attorney and assisted his legal team during the criminal trial.

The trial began on January 30, 2006, in Houston, despite repeated protests from defense attorneys calling for a change in venue on the grounds that "it was impossible to get a fair trial in Houston," the base of the Enron catastrophe. Skilling, known for his harsh attitude and arrogance, lost his temper on the witness stand during the trial.[15] Enron's bankruptcy, the biggest in U.S. history when it was filed in December 2001, cost 20,000 employees their jobs. In addition, many of them lost their life savings. Investors also lost billions. However, Skilling and many of the company's executives had sold huge portions of their Enron stock before the bankruptcy filing, making a substantial profit. When asked by a Dutch journalist in the street during the trial about industrial dominance, Skilling admitted that industrial dominance and abuse constitutes a global problem by saying: "Oh yes, yes sure, it does."[16] On May 25, 2006, the jury returned with the following findings regarding Skilling:[17]

guilty on one count of conspiracy
guilty on one count of insider trading
guilty on five counts of making false statements to auditors
guilty on twelve counts of securities fraud
not guilty on nine counts of insider trading
In a front page interview with The Wall Street Journal on June 17, 2006, Skilling claims, among other things, that he had been in a depression after the Enron bankruptcy and considered committing suicide, but that his indictment actually lifted his spirits and brought him out of his depression; that the worst witness against him was himself; and that he will be able to survive a long prison term as long as he is given "something to do, something to accomplish" while in prison.

On October 23, 2006, Skilling was sentenced to 24 years and four months in prison, and fined $45 million. The case is currently under appeal. Skilling's request to remain free during the appeal was denied by Judge Patrick Higginbotham of the 5th U.S. Circuit Court of Appeals on December 12, 2006. In ordering Skilling's immediate imprisonment, the judge wrote, "Skilling raises no substantial question that is likely to result in the reversal of his convictions on all of the charged counts,"[18] although the order also noted "serious frailties" in the convictions.

Skilling began his sentence on December 13, 2006,[19] and is currently housed at low security federal prison in Littleton, Colorado. According to the Federal Bureau of Prisons, he is scheduled for release on February 21, 2028, when he will be 74 years old.[20]

Gayle in MD
09-27-2011, 12:02 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: cushioncrawler</div><div class="ubbcode-body">Indictment and trialMain article: Trial of Kenneth Lay and Jeffrey Skilling

Skilling was indicted on 35 counts of fraud, insider trading, and other crimes related to the collapse of Enron. He surrendered to the Federal Bureau of Investigation on February 19, 2004, and pleaded not guilty to all charges. The indictments were primarily focused on his probable knowledge of, and likely direct involvement with, the fraudulent transactions within Enron. About a month after quitting Enron, Skilling sold almost $60 million of his stake in the company (in blocks of 10,000 to 500,000 shares), leading to the prosecutors' allegation that he sold those shares with inside information of Enron's impending bankruptcy. Skilling's lead attorney was Daniel Petrocelli, the 52-year-old civil litigator who represented Ron Goldman's father against O.J. Simpson in the negligent death civil suit successfully brought against the former football star and sports broadcaster. Skilling spent $40 million in preparation for the trial, of which at least $23 million went to his defense lawyers' retainer. Skilling's younger brother Mark is an attorney and assisted his legal team during the criminal trial.

The trial began on January 30, 2006, in Houston, despite repeated protests from defense attorneys calling for a change in venue on the grounds that "it was impossible to get a fair trial in Houston," the base of the Enron catastrophe. Skilling, known for his harsh attitude and arrogance, lost his temper on the witness stand during the trial.[15] Enron's bankruptcy, the biggest in U.S. history when it was filed in December 2001, cost 20,000 employees their jobs. In addition, many of them lost their life savings. Investors also lost billions. However, Skilling and many of the company's executives had sold huge portions of their Enron stock before the bankruptcy filing, making a substantial profit. When asked by a Dutch journalist in the street during the trial about industrial dominance, Skilling admitted that industrial dominance and abuse constitutes a global problem by saying: "Oh yes, yes sure, it does."[16] On May 25, 2006, the jury returned with the following findings regarding Skilling:[17]

guilty on one count of conspiracy
guilty on one count of insider trading
guilty on five counts of making false statements to auditors
guilty on twelve counts of securities fraud
not guilty on nine counts of insider trading
In a front page interview with The Wall Street Journal on June 17, 2006, Skilling claims, among other things, that he had been in a depression after the Enron bankruptcy and considered committing suicide, but that his indictment actually lifted his spirits and brought him out of his depression; that the worst witness against him was himself; and that he will be able to survive a long prison term as long as he is given "something to do, something to accomplish" while in prison.

On October 23, 2006, Skilling was sentenced to 24 years and four months in prison, and fined $45 million. The case is currently under appeal. Skilling's request to remain free during the appeal was denied by Judge Patrick Higginbotham of the 5th U.S. Circuit Court of Appeals on December 12, 2006. In ordering Skilling's immediate imprisonment, the judge wrote, "Skilling raises no substantial question that is likely to result in the reversal of his convictions on all of the charged counts,"[18] although the order also noted "serious frailties" in the convictions.

Skilling began his sentence on December 13, 2006,[19] and is currently housed at low security federal prison in Littleton, Colorado. According to the Federal Bureau of Prisons, he is scheduled for release on February 21, 2028, when he will be 74 years old.[20] </div></div>

Good to revisit.

Now if we could just get the recent bank and financial institutional crooks behind bars, many Americans would gain back some of the faith in their government, that Republicans have destroyed and denied them, with their consitant protections of Billionaire and millionaire crooks.

Thanks for the good memory.

G.

Qtec
09-27-2011, 03:10 AM
Once again, when presented with FACTS the RW nutjobs go silent.

They can't handle facts.

Q

Gayle in MD
09-27-2011, 09:15 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Qtec</div><div class="ubbcode-body">Once again, when presented with FACTS the RW nutjobs go silent.

They can't handle facts.

Q </div></div>

Yep. Maybe that's better than a boatload of ridiculous reversals blame and distortions of fact.

Bush led the way for these crooks to get off scott free.

The right likes to pretend that TARP, including the costs, with no strings attached, IOW, the Bush/Paulson behind closed doors assurances to the greedy CEO thieves, used to maintain on-going bribe money for the GOP, secret agreements, to keep the crooks out of jail, hence, the insanely idiotic rightwing nuts blame all of it on President Obama.

Things are turning around. Even Fuxed Rodger A. is reportedly trying to pretend a more centrist attitude....of course, that's just for ratings and money....another one of his Great Lies, but he wouldn't be doing it if he didn't realize that most of us aren't barbarians, like the Tea Party nutjobs.

/forums/images/%%GRAEMLIN_URL%%/smirk.gif
There must be a word in our language to describe people who automatically reverse facts, and word meanings, in order to misplace blame.

If not, then we need to come up with one such word. Oh wait, I think I did that? Rebonics...?



G.


<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"> In short, the Koch Bros increased their wealth by 30% in the last 2 years [ its a recession remember!!!]. At the same time they layed off 67,000 American workers.

</div></div>