When accounting goes unaccounted for
“America’s middle class will have a tax cut. It will be done in this Congress. There is no question about that.”
~ The Speaker of the House says that a vote may even happen before the election despite the old boys’ (and a few ladies) club has all but thrown in the towel.
“Like Sarbox, it is destined to fail—except for all the lawyers and accountants and new bureaucrats it will enrich.”
~ Neil Weinberg found the silver lining.
“I believe the time has come for us to ask Congress to change the law and make our enforcement proceedings public, unless there is some good reason for a particular matter to be closed.”
~ Dan Goelzer, Acting Chair of the PCAOB, would like to get things out there.
“This administration will side with those who want fundamental change. It is not tenable to leave in place the system we have today. We will not support returning Fannie and Freddie to the role they played before conservatorship, where they fought to take market share from private competitors while enjoying the privilege of government support.”
~ The Treasury Secretary has had it up to his coif.