Archives

Watch Financial Crisis in Video Blogs | View More Free Videos Online at Veoh.com

Filed under default category by siteadmin.

Meet ‘Joe the Accountant’
Former U.S. Rep Calls For Fiscal Accountability
BY JOHN GOLDEN

Joe the Accountant Meets Joe the Congressman

Joseph J. DioGuardi, a 68-year-old accountant, Albanian rights lobbyist, citizen advocate for fiscal truth and accountability in government, John McCain fundraiser and card-carrying ex-member of the U.S. Congress, often is a man on the fly. He speaks on the move with a frustrated reformer’s lasting zeal for his cause and a campaigning politician’s habit of self-promotion.

Read the full article here:Westchester County Business Journal

Filed under default category by siteadmin.

Permalink • Print • Email • Comment

Joe Dioguardi showing Conresstional Credit Card

Former Congressman and President of Truth In Government, Joe DioGuardi holds "Congresstional Credit Card".

OUR FIVE POINT PLAN:

1. Develop a fair and accurate budgeting, accounting,and reporting process. Convert the current cash basis accounting system used in the annual Congressional budgeting process to the system of "Generally Accepted Accounting Principles" (GAAP) required of publicly traded corporations by the Securities and Exchange Commission.

2. Publish clear and accurate information on the finances of the federal government annually. Use GAAP to disclose all spending and commitments to spend, ensuring our national debt to foreign sources is clearly delineated.

3. Make the Chief Financial Officer's function a Cabinet-level position and remove financial management and reporting functions from the Treasury Department and transfer them to that position. Engage independent auditors.

4. Create a new independent body like the Federal Reserve System to promulgate a sound budgeting and accounting that will prevent political manipulation and conflicts of interest.

5. Tell Congress to implement meaningful reforms now.