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Sen Whitehouse (D-RI) is exposed using projection deception.

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Uploaded by on Mar 29, 2009

Senator Whitehouse and 100+ other Democrats are using the well understood, at least in the accounting profession, tactic of deception with a projection. On March 3, 2009 Fed Chairman Bernanke explains to Sen Whitehouse the errors in his analysis. Then three weeks later, on March 25, 2009 Sen Whitehouse continues with the same tactic except now he exaggerates the deception results. For 3 years I have been exposing this tactic and now the Democratic Party is using this deception tactic to justify the massive spending proposed by President Obama. Why did I start 3 years ago? I started 3 years ago because as an auditor with 30+ years I have learned to recognize deception opportunities. I have long recognized the considerable problems with entitlements and foreign competition and I knew the budget surpluses generated by the temporary dotcom/tech boom during the Clinton years was going to be the Democrats selling point for the next generation. I was exactly right. I am becoming more convinced the only way to stop this Democratic Party endorsed and promoted tactic of deception is through a House or Senate Ethics inquiry. Can we allow our elected officials to use tactics that will send a CEO to prison?

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  • WOW - Just like the Entertainment Industry ( Continuity of Context) Everything matters- smoke and mirrors- creative deception-Fuel Market Power

  • The democrats talk about projections like it is real money. Can you imagine going to your bank and telling them you would like to deposit some projected funds. Good analysis. Come on people, think, don't let the politicians mislead you. Remember, don't mistake their activity for accomplishment.

  • Finally someone exposes the deception the democrats use by talking about projections from the Clinton years that they know are wrong. The democrats are now talking about new regulations on business to keep them honest and transparent so that the American people are not mislead. . They talk about change, isn't it about time the democrats change their unethical behavior and try a little honesty on the American people. How can the country change for the better if the politicians don't.

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