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Photo Sharing and Video Hosting at Photobucket

Photo Sharing and Video Hosting at Photobucket

Photo Sharing and Video Hosting at Photobucket

Photo Sharing and Video Hosting at Photobucket

Photo Sharing and Video Hosting at Photobucket

Photo Sharing and Video Hosting at Photobucket

Tuesday, July 1, 2008

Blue Dog Dem Proves My Point About Mark Warner's Incompetence

From today's WashTimes:
Rep. Jim Cooper, the fiscally conservative Blue Dog Democrat from Tennessee, doesn't mince words when describing his reaction to official government budget figures.

Federal government accounting "would be a criminal offense in the private sector," Mr. Cooper declared June 18 at a Capitol Hill budget seminar sponsored by the Brookings Institution.

"The federal government is the only large entity in America allowed to use simplistic 'cash' accounting," he said. In his PowerPoint presentation, Mr. Cooper included an image of a McDonald's restaurant and the Pentagon.

"Which should have stricter accounting standards?" the slide asked, eliciting laughter from the audience.

I could not agree more. And this proves the point that I have been saying all along about former VA Gov. Mark Warner and his $1.537 billion in accounting errors as compared with Enron's $1.568 billion in accounting errors. If Marky Mark had committed such gross accounting malpractice in the private sector as he committed while Virginia’s governor, he’d be cell mates at a country club prison with Enron’s Jeffrey Skilling instead of running for the U.S. Senate.

(Crossposted at Virginia Virtucon)

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