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Liar, Liar; Planet on Fire —
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Financial analysts were still giving Americans a strong buy recommendation for Enron Corp. because they had been taken in by the phony trading floor Enron has setup to impress analysts during their site visits. The phony trading floor was designed to impart one simple emotional validation — the appearance of substance.
It's no wonder that the stock analysts lapped up the rosy Enron audit reports prepared by Chicago-based Arthur Andersen, a prestigious Big 5 accounting firm, the smallest of the Big 5 firms that include Ernst & Young, PricewaterhouseCoopers, KPMG and Deloitte.
In boxing parlance, it was the classic "one-two knockout punch." Enron presented the appearance of substance, and Andersen took advantage of the public trust for self-gain and gave the theft credence so that Enron could avoid a more revealing close inspection by outsiders.
What Enron and its leadership did was criminal, but what Andersen did was fundamentally disastrous for the U.S. economy as honest firms now find it increasingly difficult to raise much-needed stock capital from jaded individual and institutional investors. Consequently, Andersen's role in collapse of Enron may lead to a criminal case.
Reuters, March 7, 2002
U.S. weighs charges for Andersen
WASHINGTON — The Justice Department is seriously considering bringing
criminal charges against accounting firm Arthur Andersen for its role in the collapse of Houston-based Enron Corp., federal law enforcement officials said on Thursday.
Former prosecutors have said the document destruction leaves Andersen open to charges of obstruction of justice.
The government could either seek an indictment of Andersen by a grand jury or negotiate a settlement contingent on its cooperation in the Enron probe, these experts say.
When all is said and done, Andersen will get a sweetheart deal from the Department of Justice, because as the many reelection coffers of our esteemed members of Congress prove, it is already bought and paid for.
Also, a sweetheart deal from the government will grease the wheels for a Deloitte Touche Tohmatsu help buyout of Andersen.
CNN/Money, March 11, 2002
Andersen ponders sale
NEW YORK () - Arthur Andersen LLP, which currently is trying to settle litigation due to its role in the collapse of Enron Corp., is in talks with rival Deloitte Touche Tohmatsu to merge or sell all or part of its business, a source familiar with the discussions told CNNfn Monday.
Andersen is considering many options, firm spokesman Patrick Dorton said. "We are committed to making changes to our business that will restore the public's trust, enhance the quality and independence of our audit practice, and allow all of our practices to thrive," Dorton said, declining to comment further.
Deloitte Touche Tohmatsu confirmed that it is involved in "scenario planning exercises" to address current and future issues addressing the accounting industry. "It's inappropriate for us to discuss these planning exercises in public," Deloitte spokesman Matthew Batters said.
Andersen will get a negotiated pitty-pat slap on the hands and walk off with nothing more than an annoying blip on their balance sheet and the high-level Andersen executives who engineered this national disgrace will still walk away from this rigged gaming table with all their chips. And this is called "free trade."
When it comes to beans bullets and bunkers, planning and preparation is a straightforward matter for most preppers.
Yet, survival health can be a thorny issue for a number of reasons. Limited on-hand quantities, expiration dates, lack of expertise and so forth.
In short, what can preppers do to stay healthy when all that's left is sewing needles and dental floss? You stockpile as many knowledge options as you can find, to help you and your loved ones to deal with the physical and emotional stresses of a global catastrophe.
Unlimited options you can use anytime, anywhere, and without having to dip into your supply cache. GO
Based on new developments, the Turrialba Volcan Research Team has designated the Turrialba object of interest, Bluebonnet, as the Blue Kachina of Hopi prophecy. This ancient prophecy tells us the Blue Kachina, appears first with some disruptions. Then comes the Red Kachina and the end of life as we know it.
Also featured are comparisons between current data and the predictions of Project Camelot, The00SkyView Team and remote viewer, Major Ed Dames. If they are right, this could be Planet X / Nibiru. GO
The Bad News You Expect and the Good News You Need
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In July 2008, a two-stage crop circle larger than three soccer fields materialized in England on a farm near Avebury, Wiltshire. Unlike more common symmetrical snowflake formations, this one evidenced a clear and unmistakable message: That in December 2012 we will see the appearance of a celestial harbinger. One that portends a global tribulation in which life as we know it will come to an end.
Fully coherent and free of exceptions, the Avebuy 2008 formation is an urgent warning from distant friends to those who get it and who want to get through it. That is why the first part of this book, "The Bad News," presents a series of more than 50 illustrations to decode this message with easy-to-follow, building-block explanations. Intended for the common man, the goal is to empower the reader and this need is great.
This is because those who survive the tribulation will live to bear witness to the single greatest die-back event in the history of our species. A pole shift as predicated by America's "sleeping prophet," Edgar Cayce (1877-1945) and it could happen as soon as 2013. When it does, it will be a time of testing that favors the meek over the wealthy and powerful. But not for reasons you might think.
If you get it and want to get through it, this is the book you've been waiting for. GO
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