Thursday, February 12, 2009

Lucky Munbers 808


Every industrial revolution throughout history has required the “bridging” of the disruptive science and/or technology that brought about the “revolution”.

Why?

Simple answer: Labor costs.

Industrial revolutions have always introduced a new set of management-labor challenges.

Cooking management’s books and then covering the book-cooking up with war and destroying the paper trail, then censoring speech by suspending the Writ of Habeas Corpus and then revising history is a tried-and-true, sure-fire way to out-negotiate.. labor.

Here is how it has always worked:

A closed-door task-force, then “reform” the securities exchange (that would be Belnick and Rudman,) upgrade the foreign nation(s) chosen for outsourcing, upgrade (remember Rolls-Royce?) a few good potential enemy nations while you’re at it, cook the books, allow the government to be defrauded – inflate the true value of your company’s shares during a morality play (that would be Monika) – prepare to confess and repent (Monohan’s Legatus calls this “making the tough calls”,) fly back to corporate from Rome – sell your personal shares – start an “unfounded” rumor about accounting methods, put on a big bi-partisan dog-and-pony show to make it seem like the upgraded foreign nations were ever expected to pay for their new infrastructure, freeze the accounts of labor – confess and repent, send out a few envelopes laced with a powdery white substance and place the financial blame on a single greedy dislikeable individual.

bada bing..

..you just created a fresh load of new millionaires – during the “Greatest Accounting Fraud Ever”.

go figure..

It is that easy.. it is that boring – but it is that easy.. and it is often called “Renewing America”. This is why Richard M. Scrushy was certain there were 8,000 companies with s--- on their balance sheets.

This is called “enterprise corruption” and the cover-up is the reason Judge Michael Obus on September 30th 2004 refused to submit the enterprise corruption counts to the Tyco’s jurors saying “he thought they would find it too confusing.”

If the radical Islamic fundamentalists thought they hated our way of life in 2001 – just imagine how much they would have hated our way of counting money if they had known the entire nation and all 5 global accountancies were cooking the balance sheets in the eight years leading up to 2001. Financial justice might have prevailed if only the terrorist attack hadn’t destroyed the CFTC (that would be Enron Board member, Wendy Gramm) and the SEC Enforcement Office in Bldg #7 on that fateful day.

If mentioning how the game works – be treason – so be it.

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