- 15 - acccordingly, to deny tax revenues to the Federal Government. Petitioner’s trial memorandum states, in part: the product sought to be developed by the partnership here dealt simultaneously with politically driven investment economics, and the computer software and hardware industries which both underwent watershed revolutions in the years since the product development began. In spite of delays, the product has been managed to professional engineering specifications, and, a working prototype thereof attempts to solve at a personal level what at this moment is the biggest political issue of all, how to deal with government’s relationship with the economy without depending on the politicians, who may not be able to perform. Knox testified: Q. Could you explain to us how * * * [the computer software] was supposed to work? A. I had a background in political science and financial planning, as well as law, and I had worked as a financial planning rather--planner rather than as a lawyer. And I was interested in the nexus between government action and economics and investments, and I had studied the--I’d done some reading and studying in the--I’d become converted to some economic philosophies that are founded in what’s called the Austrian School of Economics, and became convinced that the government deficit and spending problem was out of control at that time and would eventually wreak serious consequences on the economy, and that there existed investment strategies that individuals could use to counter coming distortions or upheavals that would affect their investment portfolios. Q. So what was the purpose of this product? A. The purpose of the product was to give people--the purpose of the product was to discover and apply proprietary ways of measuring governmental and political influence on the economy and use these measurements to develop investment strategies that would be used through the--through computer software, so that people could use the computer software to design investment strategies to counter political and governmental influences in the economy.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 Next
Last modified: May 25, 2011