Religious Fundamentalism in Orwell and Pynchon

pynchonoid pynchonoid at yahoo.com
Mon May 19 20:02:02 CDT 2003


--- Terrance <lycidas2 at earthlink.net> wrote:
> What's your point about Enron?


It's difficult to trust in the integrity of corporate
accounting propaganda, especially with regard to
reports of profits and losses, misuse of funds, etc.
At least that's what my Wall Street investment banker
friend tells me. Enron is one particularly egregious
example.  

You seemed to be headed in the direction of making
some sort of technicality argument based on
Haliburton's corporate report.  I wouldn't necessarily
trust that.  I've got another longtime friend who's a
corporate tax attorney. It's amazing how they can
juggle numbers to make a company look as if it's got
no profits to tax, use various ways to hide money
offshore or in various kinds of corporate entitites,
etc. 

Fact is, these companies (Haliburton, Bechtel, United
Defense, etc.) invest heavily to win these contracts,
which indicates that they find them profitable, since
these aren't non-profit organizations.





=====
<http://www.pynchonoid.blogspot.com/>

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