Tuesday, September 16, 2008

More Lies, Some of them Repeats.

Carly Carly Carly. She was back on TV today; telling lies, the lying liar.

McCain has consistently recognized how hard the economic downturn has been for average Americans?

It goes down hill from there.

She repeated the bullshit lie about how the SEC (who did not have regulatory authority over the Investment Banks), was asleep at the switch.

They did not even have a switch ya lying liar!


And here is her lying about her (if what I have seen is correct.) She said the shareholders approved of her severance. Ya? Why did some of them sue HP for breaching the actual approved formula?


* * * * * * * * * * * *
Shareholders Sue Hewlett-Packard Over Fiorina Severance Pay
Michael Liedtke
The Associated Press, March 8, 2006

A group of Hewlett-Packard Co. shareholders are suing the company, alleging its board broke its own rules by awarding more than $42 million in cash, stock and other benefits to Carleton "Carly" Fiorina after she was dumped as CEO last year.
The complaint, filed late Monday in U.S. District Court in San Jose, Calif., depicts the payments to Fiorina as a blatant violation of a board policy adopted in 2003 so the company's severance payments would be limited to 2.99 times an executive's combined salary and annual bonus.


http://www.law.com/jsp/article.jsp?id=1141725931292

* * * * * * * * * * * *

Doesn't seem that her specific was ever voted on by the shareholders. Lying liar!

(I would like to tell you the status of the case but I do not have access to the court's docket. I can't swear it is still alive, but there is nothing out there saying it was dismissed.)

Then there is her announcement of the golden parachute reform plan. They (claim they ) want to force corporations to make shareholders approve severance packages. So I got to wonder do they mean some calculus formula put to the shareholders, or make them vote on the actual contracts showing value, per each senior ex?

And then there is the general problem about how the Fed. Government does not usually get involved in corporate governance issues, that is within the states' powers. So how do they think they will make this work at the Fed Level?

Then there is McCain's general and historical Laissez Faire attitude to regulatory matters. Not a supporter, that is the fact, Jack.


Lying liar Carly claimed he had a history of reform in the economic sector. Bullshit.

Ok. That is enough reporting of Republican lies for today, for now.


EDIT TO ADD:

No matter how much and badly Sarah Palin is a lying liar. No matter how much and badly Rick Davis is a lying liar. No matter how much of a lying-assed liar Carly Fiorina is, McCain has now taken the lead in the most outrageous lie race.

Remember how he famously said he did not really know about economics?

I just saw the vid of him on "Morning Joe." And I quote as closely as I can:

"I know how to fix this economy. I have had great experience on these issues as chairman of the Commerce Committee."

The Commerce Committee does not deal with economics, or Finance, or Wall Street Market problems, ya lying liar. That he all of a sudden proclaims himself an economic expert shows he has crossed the Political Ambition -- Personal Integrity boundary line, leaving Personal Integrity in the dust, with out looking back. Lying liar.

Honestly, I believe that he would say he was in favor of strangling kittens in front of grade school children, if he thought it would help him get elected. Shit, I think he would try to do the strangling himself if he though that would help.

What a disreputable sack of excrement-lying liar.

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