Keith Riler recently wrote a column in American Thinker. The column, "Obama's Shrinking Unit of Account," paints a devastating portrait of Barack Obama and his reduced accountability -- using Generally Accepted Accounting Principles (GAAP). The "unit of account," according to Riler, is a GAAP concept that refers to an entity for which results can be clearly distinguished and accountability logically required. It might be an operating segment, a reporting unit, the whole company, or all of the above. Whether a company comprises one unit of account or several, in the business world, executive management is responsible for them all."
For example, in 2008 when Obama connected himself with "receding oceans," his unit of account was the whole planet. When Michelle Obama said, after her husband was elected, "for the first time I'm proud of my country," that was a national unit of account.
Read Riler's article to see how small Obama's "unit of account" is in connection to Benghazi, the IRS, etc.
Tuesday, May 28, 2013
Friday, May 17, 2013
One aspect of the IRS targeting of Tea Party groups is worth mentioning. With Democrats, no direct orders for such things have to be given. It’s part of their culture. When they’re in power, everything the government touches, Democrats own, and what they own they use for political gain. (Imagine what they’ll be able to do with Obamacare.) Private files and independent agencies don’t exist. Remember Hillary Clinton and the FBI files in 1993-94. (“Filegate”) Obama will punish the ones who got caught (although cushy spots in other Liberal organizations likely await) and replace them with different operatives who will continue the process.
Sunday, May 12, 2013
Mark Baisley has written a great column, "Benghazi for Dummies," which provides a clear explanation of the confusing details surrounding the September 11, 2012 attack on the Benghazi diplomatic outpost and the deaths of four Americans. The story has been muddled, perhaps purposely, so much that it's difficult for a regular person to get a grasp on what happened. Baisley's column helps.