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Old 07-26-2012, 12:20 PM   #11
Randall Klein
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Default Re: Evan Knoll what a loser!

Thanks, Julie for a voice of reason. We should thank the oil companies for the risks and regulations they endure to supply consumers with hydrocarbons for ALL products we use, from race and tow gas to the annoying plastic bags at WalMart rather than vilifying them
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Old 07-26-2012, 12:23 PM   #12
CycloneFE
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Default Re: Evan Knoll what a loser!

Quote:
Originally Posted by Julie Jordan View Post
Actually, Big Oil doesn't get "kickbacks", that's the way the media likes to word tax deductions that every business is entitled to....depreciation, amortization, intangible drilling costs, domestic activity production deduction, to name a few. Every business is entitled to those deductions. When the press is focused on Big Oil and gives them different terminology then they become evil deductions. lol
So true. I work for Cat and we say the shortest lifespan of anything at Cat is the concrete, put in in one day and I have seen them take it out before the end of the week. Tax write offs, whatever, at least we are working.

Shame about Evan and how it may look to Drag Racing altogether.
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Old 07-26-2012, 12:45 PM   #13
Bill Koski
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Default Re: Evan Knoll what a loser!

It was obvious to anybody that had any business sense that Torco was spending way beyond it's means when all of the cash was being doled out left and right. The gravy train lasted quite a while longer then I thought it would!
I have witnesses that can prove I said so at the time.
At least most of the ill-gotten gains were spent on drag racing and not WASTED!
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Old 07-26-2012, 01:27 PM   #14
Mark Faul
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Default Re: Evan Knoll what a loser!

So now I can give up on the $300 he's owed me since 2008? Been going to the box every day hoping the check's in the mail.....
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Old 07-26-2012, 01:44 PM   #15
Jim Kaekel
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Default Re: Evan Knoll what a loser!

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So now I can give up on the $300 he's owed me since 2008? Been going to the box every day hoping the check's in the mail.....
Mark: I think that's about as likely as him paying back the 99.9 million he swindled from Uncle Sam (also known as us, the American taxpayer) and the banks.

I live very close (within 10 miles) of the former Torco and pretty much everyone that wasn't getting handouts from him knew something was going on, and that it was just a matter of time before the **** hit the fan. The crazy thing is even though he got this plea deal recently, he still walks around as a free man until he gets sentenced. What stops him from hopping on a jet and flying to Mexico, Bora Bora or Timbuktu?
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Old 07-26-2012, 01:50 PM   #16
Ed Wright
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Default Re: Evan Knoll what a loser!

I was told in 2007 he was a "fraud and major B.S. artist".
The guy predicted this would happen. LOL
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Old 07-26-2012, 10:56 PM   #17
Bobby Brannon
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Default Re: Evan Knoll what a loser!

Add another name Mike Ashley funny car.. just saying. Thief is a thief stole millions
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Old 07-27-2012, 12:40 AM   #18
Michael Beard
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Default Re: Evan Knoll what a loser!

Quote:
Originally Posted by Julie Jordan View Post
Actually, Big Oil doesn't get "kickbacks", that's the way the media likes to word tax deductions that every business is entitled to....depreciation, amortization, intangible drilling costs, domestic activity production deduction, to name a few. Every business is entitled to those deductions. When the press is focused on Big Oil and gives them different terminology then they become evil deductions. lol
x2.... thank you!

You cannot operate from the premise that government owns all wealth and production, and they are merely haggling over how much you are "allowed" to keep.
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Old 07-27-2012, 01:15 AM   #19
Alan Roehrich
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Default Re: Evan Knoll what a loser!

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x2.... thank you!

You cannot operate from the premise that government owns all wealth and production, and they are merely haggling over how much you are "allowed" to keep.
Hey. You know that graphics business? You didn't build that!
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Old 07-27-2012, 07:59 AM   #20
BlueOval Ralph
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Default Re: Evan Knoll what a loser!

But there were a lot racers with thier hands out for his $$$$$.
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