Wednesday, April 19, 2006

Alan B Mollohan's Financial Statements

This is where you can read for yourself the financial statements that Alan Mollohan filed as yearly requirement as a member of Congress. The issue is, in part, about the veracity and accuracy of the data that was filed and submitted to Congress. It has been claimed that 250 errors/mistakes/falsehoods/lies/oversights were made on the forms (pick your descriptive word). The organization that made the 9 month investigation claimed that they traced legal documents that were part of the public record, such as deeds, to come to the conclusion that there was some level of deceit going on in these submissions. The forms themselves tell you nothing about the inherent value of the property claimed except what the person who filled out the form represented the values to be.
It is interesting to listen to "Martin", a frequent caller to the Tim Brady show. He is the ultimate appologist for Mollohan. He presents on a daily basis the type of counter argument we all watched to convinced the jury that OJ Simpson didn't do it. If a counter theory can be invented, he's your guy. He might have made a better defense lawyer for politicians instead, as someone claimed, of someone who seeks personal riches by suing public institutions like WVU and the City of Clarksburg at the drop of a hat.
He ventilated today that if he could see these financial reports he could tell us all in 5 minutes the kind of "depreciation" that was being used to establish value. Knowing that, he was sure, would straighten everything out. Actually, the issue surrounds the idea of "appreciation" over a few short years and the accuracy of the reports based on confirmation from public records spread out over many court houses in several states. That's why it took 9 months to do the research.

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