Word: bogus
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...What's alarming about a war with the Pashtun is that we know so little about these people. A common complaint among NATO soldiers these days in Afghanistan is the reliance on Tajik translators and intelligence sources. The Tajiks more often than not pass on bogus information that has led to attacks on innocent civilians - often Pahstun whom the Tajiks have little sympathy...
...cover a deficit that will be well over one trillion dollars in the next federal fiscal year. Bringing in that money is already projected to raise interest rates on Treasuries. That will ripple out to business and consumer loans including mortgages. The idea the rates will fall further is bogus...
...government says that Detroit is a "strategic" part of the economy. Saving The Big Three is as important as keeping the nation's large banks operating to maintain the flow of credit. But, the comparison is bogus. As John McCain, a military man much of his life, liked to point out to the President during the election, there is a difference between strategy and tactics. There is nothing strategic about Detroit. Over 50% of the cars sold in the U.S. are made by foreign companies. There is no reason that the number cannot go to 80%. It serves the national...
...further cover-up the fact that I had not executed trades on behalf of my investment advisory clients, I knowingly caused false trading confirmations and client account statements that reflected the bogus transactions and positions to be created and sent to clients purportedly involved in the split strike conversion strategy, as well as other individual clients I defrauded who believed they had invested in securities through me. The clients receiving trade confirmations and account statements had no way of knowing by reviewing these documents that I had never engaged in the transactions represented on the statements and confirmations. I knew...
...During the 1980-82 recession, unemployment went from 7.9% in October 1981 to 10.1% the following September. Two months later, it hit 10.8%. The notion that 10% unemployment will not arrive until next year, if it comes at all, is bogus...