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Paul Hogan Is Pleased to be Back on U.S. Soil

Posted on September 8, 2010 by Caleb Newquist

“I have come to this great tax haven, the USA, where the IRS are gentlemen compared to our lot.”

~ Mick Dundee isn’t making a helluva lot sense but it’s fine, he’s still more or less a celebrity.

Posted in Quote of the DayTagged Celebrities with Tax Trouble, Paul Hogan, This great tax haven

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  • Quote of the Day

Ben Bernanke’s Idea of “Recovery” Might Not Correlate with Yours

  • Caleb Newquist
  • June 9, 2010

“My best guess is we’ll have continued recovery, but it won’t feel terrific.”

~ Ben Bernanke takes a stab at the economy.

  • Quote of the Day

Does Anyone Think Chris Van Hollen Actually Knows What ‘Enron-type accounting’ Is?

  • Caleb Newquist
  • January 5, 2011

Anyone?

If you want to call attention to bullshit political games, we humbly suggest, “bullshit political games.” Not this:

“This is a huge loophole for Enron-type accounting … In the rule they pass tomorrow they are going to reiterate that the chair of the budget committee has the authority to come up with his own estimate of the budget impact of various pieces of legislation.”

So aggressive revenue recognition, abusing mark-to-market accounting and SPEs = marginalizing the Congressional Budget Office. Got it?

Dems Accuse GOP Of ‘Enron-Type Accounting’ And Assaults On CBO [HuffPo]

  • Quote of the Day

Dick Durbin Isn’t Buying This Fiscal Commission Report

  • Caleb Newquist
  • November 11, 2010

“I told them that there are things in there that inspire me, and there are things in there that I hate like the devil hates holy water. I’m not going to vote for this thing.”

~ The Illinois Senator doesn’t like the sales pitch from Erskine Bowles and Alan Simpson.

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