From Business week online this morning:
"Now, the White House top spymaster can cite National
security to exempt businesses from reporting requirements.
The “village idiot” (ok, those are my words) has bestowed on
his intelligence czar, John Negroponte, the broad authority
to excuse publicly traded companies from their
usual accounting and
securities-obligations. Notice of this development came in a brief
entry in the Federal Register, dated May 5, 2006, that was
opaque to the untrained eye.
Unbeknownst to almost all of Washington and the financial world,
Bush and every other president since Jimmy Carter have had the
authority to exempt companies working on certain top-secret
defense projects from portions of the 1934 securities exchange
act. Administration officials told BusinessWeek that they believe
this is the first time a president has ever delegated the authority
to someone outside the oval office. It couldn’t be immediately
determined whether any company has received a waiver under this
provision."
This was this morning. The timing of the village idiot signing is
very interesting. May 5, is the day porter goss resigned under
a cloud of suspicion. And why did the village idiot give
negroponte this authority? Security experts that business week
talked to said waiving of such reporting requirements for companies
could be used to mask the funding of secret CIA OR pentagon
assignments. The business week article goes on to say that
the 1934 statute used to do this says this, "with respect to matters
concerning the national security of the u.s. the president may exempt
companies from certain critical legal obligations. These obligations
include keeping accurate “BOOKS, RECORDS AND ACCOUNTS”
and maintaining a “system of internal controls sufficient” to ensure
the propriety of financial transactions and the preparation of
financial statements in compliance with “generally accepted accounting
principles”
So what does this all mean? The village idiot could give this status
to Halliburton and thus their records, ALL OF THEM, could
become a matter “of national security” and thus unknowable.
It could give cover to the village idiot and halliburton to
break any and every law in regards to business and
politicians and no one could ever find out because its been
classified. It could be used to cover up illegal
business actions which could be used to send those clowns
in Washington to jail. It could be used to cover up the
large detentions centers that are beginning to be built up
in the U.S. Rumor has it that very large detention centers
are being built all over the U.S… Now why would this government
want to be building large sites likes this? Large as in they could
hold up to a million people. Its nice to know 1984 was just
a little delayed, but certainly not cancelled. I wonder
what they will be called? Well the names Auschwitz, Treblinka, and
Dachau have already been taken. Knowing this administration,
probably something like “freedom prisons”.
Kropotkin