Equity Method Vs Proportional ConsolidationOn by
No, because you’re already picking up your earnings from the investment by reserving your share of the investee’s profit or loss. Under the equity method, cash dividends only hit the total amount sheet as a debit to cash and a credit to the equity investment, reducing the value of the investment on your books.
In the region of foreign affairs, Obama got credit for the U.S. Iraq that the Bush administration negotiated and then up’d the ante by inserting more soldiers in Afghanistan while placing a romantic date for withdrawal; a pugilative battle that the U.S. Even the troops Obama “surged” into Afghanistan have been withdrawn.
Our NATO partners are bailing out as swiftly as they can, but Obama will let the Taliban destroy our military through 2013 insofar as they know the NATO coalition will be eliminated no retribution will be exacted. Indeed, the only retribution of any kind one can indicate was the assassination of Osama bin Laden for which Obama got full credit over and over again. Did this possibly anger Muslims in the Middle East?
Unquestionably. However the idea that Obama comes with an al Qaeda “kill list” that he individually was pursuing with antiseptic drone attacks evokes some very frightening thoughts about this President. The biggest failure is the main one filling the front pages of papers and the tv displays. His outreach to Islamists was greeted with the most predictable response ever. Apologizing for America. Bowing to the Saudi King.
They perceived he was poor and it was an invitation to overthrow dictators and replace them with the Muslim Brotherhood. The “Arab Spring” was never about democracy and never about freedom. It was about Sharia legislation. So Even, the White House completely failed to heed the natural threat of the 9/11 wedding anniversary and our Libyan Ambassador paid for it with his life, along with three of his personnel.
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Obama’s policy is apparently one which says if we do nothing at all, maybe they’ll only leave us. They didn’t. They won’t. Instead, as our embassies were under siege, the President was attending fund-raising events and appearing on television with David Letterman. Consistent with his intent to destroy the nation, his administration’s target of preference was the energy sector and coal mines and power plants are shutting down across America.
The massive amount of federal land has been off-limits to drilling for oil or gas, but thankfully it is occurring on privately owned lands. By deterring the building of the Canadian oil pipeline Obama killed around 20,000 jobs that would have been created and thwarted the oil that would be transported to U.S.