This was a stunning revelation and the biggest auditing discovery in the history of accounting. This is being ignored by academia, government and the MSM, but you cannot pretend there will be no consequences forever. Dr. Skidmore says, “The financial crisis that may come in the near future may not be the worst thing.
That may be the best thing so we can reset and get a footing in reality and something that has integrity. I am concerned we won’t turn back and move in the right direction.
What does it mean to my children when a government can say we can just create fake books and pretend they are real? This sure looks like a giant fraud to me.
These unsupported adjustments are a sign of fraud. Why don’t we look?”
- Source, USA Watchdog