Clinton Ca$H...

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Re: Clinton Ca$H...

Postby Guest » Tue Nov 07, 2017 5:20 pm

ATXn;D wrote:
Rolluplostinspace wrote:I've stopped reading this mass of text.


Of course you have.

Ive posted a link with actual documentation that clearly disproves what you posted about the uranium in question never leaving US shores or north America.

No you haven't
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Re: Clinton Ca$H...

Postby Stooo » Tue Nov 07, 2017 6:57 pm



Fox pulled this ad because it was upsetting the snowflakes viewers:

BUT HER EMAILS!!! :bawlin:
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Re: Clinton Ca$H...

Postby ATXn;D » Tue Nov 07, 2017 7:44 pm

Guest wrote:
ATXn;D wrote:
Rolluplostinspace wrote:I've stopped reading this mass of text.


Of course you have.

Ive posted a link with actual documentation that clearly disproves what you posted about the uranium in question never leaving US shores or north America.

No you haven't



Try hitting the link dumbazz.
He includes documentation of all he writes.
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Re: Clinton Ca$H...

Postby ATXn;D » Tue Nov 07, 2017 7:46 pm

Stooo wrote:

Fox pulled this ad because it was upsetting the snowflakes viewers:

BUT HER EMAILS!!! :bawlin:




Maybe NANCY PELOSI asked them to :mrgreen:




Pelosi moves to muzzle Trump impeachment talk
The longtime Democratic leader thinks the key to taking back the House in 2018 is avoiding the president’s distractions.

By HEATHER CAYGLE 11/01/2017 01:02 PM EDT
Updated 11/01/2017 05:31 PM EDT



Pelosi played it off, but privately she was peeved. She told lawmakers at a Democratic leadership meeting soon after that she had reached out to the Democratic megadonor to tell him that his $10 million ad campaign is a distraction. (A source close to Steyer said he hasn’t spoken with Pelosi since the ad launched.)

https://www.politico.com/story/2017/11/ ... osi-244336
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Re: Clinton Ca$H...

Postby Guest » Tue Nov 07, 2017 7:46 pm

ATXn;D wrote:
Guest wrote:
ATXn;D wrote:
Rolluplostinspace wrote:I've stopped reading this mass of text.


Of course you have.

Ive posted a link with actual documentation that clearly disproves what you posted about the uranium in question never leaving US shores or north America.

No you haven't



Try hitting the link dumbazz.
He includes documentation of all he writes.

No he doesn't
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Re: Clinton Ca$H...

Postby Stooo » Tue Nov 07, 2017 8:39 pm

Offshore cash helped fund Steve Bannon's attacks on Hillary Clinton


Eighteen months before guiding Donald Trump to election victory, Steve Bannon delivered the opening shot in the ruthless Republican campaign to paint their Democratic opponent as corrupt.

The future White House chief strategist produced a book in May 2015 accusing Hillary Clinton of trading favours for donations to her charitable foundation. Its questionable central charge, on the sale of a uranium company to Russia, recently became the subject of a House inquiry and feverish talk on conservative media.
What happens when the super-rich write the tax rules? They fail

But the financial arrangements of another foundation, which bankrolled Bannon’s creation of the book, Clinton Cash, have received less scrutiny.

Leaked documents and newly obtained public filings show how the billionaire Mercer family built a $60m war chest for conservative causes inside their family foundation by using an offshore investment vehicle to avoid US tax.

The offshore vehicle was part of a network of companies in the Atlantic tax haven of Bermuda led by Robert Mercer, the wealthy hedge-fund executive and Bannon patron whose spending helped put Trump in the White House and aided a resurgence of the Republican right.

Mercer, 71, appears as a director of eight Bermuda companies in the Paradise Papers, a trove of millions of leaked documents on offshore finance reviewed by the Guardian, the International Consortium of Investigative Journalists and other partners. The files include a copy of Mercer’s US passport and other private data.

Some of the Bermuda companies appear to have been used to legally avoid a little-known US tax of up to 39% on tens of millions of dollars in investment profits amassed by the Mercer family’s foundation, which funded Bannon’s book and a who’s who of conservative groups, along with a $475m retirement fund for the staff of Mercer’s hedge fund, Renaissance Technologies.

Bill Parish, an Oregon-based investment adviser who has been consulted on the tax by US government investigators, said: “This is simple but ingenious. You take retirement plans or foundations, you invest them in a hedge fund, and even if the value rises 100%, you can sell off the investments with no tax consequences.”

Extraordinary returns

Mercer, who declined to comment for this article, has risen from relative obscurity to become one of the most influential figures in US conservatism. He financed ventures including the presidential campaigns of Trump and Senator Ted Cruz, the website Breitbart News and the online agitator Milo Yiannopoulos, whom he publicly disowned last week. Mercer has personally donated $41m to federal election campaigns over the past decade, according to public filings.

A PhD computer scientist who rarely speaks publicly, Mercer is president and co-chief executive of Renaissance, a New York-based company that manages more than $50bn in assets. He announced last week that he would step down from his leadership roles at the end of the year. Renaissance frequently makes extraordinary returns, which it chalks up to closely guarded trading formulas created at its Long Island offices by mathematicians and scientists.

The company has also faced sharp criticism for trying to sidestep obligations to the public purse. The Internal Revenue Service (IRS) has been pursuing Renaissance for $6.8bn in federal taxes that it was accused of improperly avoiding through practices described as “abuses” in a 2014 investigation by a Senate committee. The two sides are preparing to meet for negotiations this week.

Mercer also helps fund the Mercer Family Foundation, a nonprofit led by his daughter and political guru, Rebekah. It has no website, staff or offices and is registered to a mailbox at a UPS store on Manhattan’s Upper West Side. It was previously listed at Rebekah’s $28m home in a Trump building nearby. The foundation’s accountant is treasurer of Make America Number 1, a Super Pac part-funded by Mercer, which supported the 2016 campaign against Clinton.

Mercer’s foundation is barred from intervening in election campaigns. But over the past decade, it has given out $62m to conservative research groups and thinktanks whose work generally bolsters Republicans. Among them are prominent names including the Heritage Foundation, the Federalist Society, and the Media Research Center.

From 2013 to 2015, the Mercer foundation gave $4.7m to Bannon’s Government Accountability Institute – more than half its total funding in that time. Mercer’s foundation has not yet filed paperwork disclosing its 2016 spending. An IRS official said the filing was more than five months overdue.

Bannon founded GAI in Florida in 2012 with Peter Schweizer, the conservative author of Clinton Cash. Since then, the GAI has paid Bannon $379,000 and Schweizer $781,000. Rebekah Mercer was a director of the group until 2014. It has continued assailing liberals since Trump’s victory and says exposing the “misuse of taxpayer monies” is central to its mission.

Mercer’s foundation also gave millions more to other groups that funded Bannon. It paid $3.8m to the nonprofit arm of Citizens United, best known for the deregulation of political spending it won in a 2010 supreme court ruling. Bannon has made films for Citizens United and between 2012 and 2013 was paid $450,000 in consulting fees by its nonprofit arm.

The Mercer foundation gave $1.2m to the Young America’s Foundation, another conservative nonprofit, which paid Bannon more than $577,000 between 2010 and 2012 for filmmaking services, according to filings.

Mercer was also a major investor in Breitbart News, the influential rightwing website that Bannon led before joining Trump’s campaign. Bannon returned to the site after being fired from the White House in August. In an extraordinary email to Renaissance staff last week, Mercer moved to distance himself from Bannon and announced he was selling his stake in Breitbart to his daughters.

Clinton Cash dissected donations to the foundation Clinton led with her husband Bill, the former US president. Disputed allegations in the book – that mining executives contributed to the Clinton Foundation to assist their lucrative sale of a uranium company to a Russian state energy agency – attracted prominent coverage in the mainstream media, delivering a blow to Clinton after she announced her candidacy.

FBI officials who looked into the foundation’s activities were later reported to have based their suspicions on details from Clinton Cash. By then, the book’s publisher had corrected more than half a dozen errors in the text relating to the Clintons’ finances, including one based on a bogus press release. The book continues to resonate today, leading to a joint inquiry on the Canadian uranium issue by two House committees announced last month.

The Mercer foundation is largely funded by money it makes through investments in Renaissance’s hedge funds. Since 2004, according to annual filings, the foundation has sold off more than $68.5m of holdings in these investments and used the money to fund its operations.

While Renaissance’s main hedge fund is based in the US, the company also has “feeder funds” incorporated in Bermuda, which imposes no income or corporation taxes.

Renaissance does not have staff or offices in Bermuda. Instead, the feeder funds are registered to the offices of Appleby, a legal and financial services firm that Renaissance pays to manage its offshore affairs. The Paradise Papers contain a cache of millions of Appleby’s internal files, including dozens on Renaissance.

Documents reviewed by the Guardian indicate that the Mercer foundation has avoided liability for millions of dollars in US tax by routing its investments through one of these Bermuda vehicles.

Nonprofits in the US such as the Mercer foundation do not pay tax on ordinary donations from the public. But they face unrelated business income tax (UBIT) on money obtained through investments financed by debt, such as many of those by Renaissance and other hedge funds. UBIT is intended to prevent nonprofits from being used to compete unfairly with regular businesses.

But nonprofits can avoid the tax by routing their investments through an offshore company known as a “blocker”. The Mercer foundation’s public filings to the IRS confirm it has never paid UBIT. Since 2004, the foundation has paid $74,017 in federal excise taxes, less than 0.2% of its investment gains.

In Bermuda, Medallion Capital Investments was set up to take investments from American charities or foundations “closely affiliated with an owner or employee” of Renaissance, according to a regulatory filing obtained from the Bermuda government, which did not mention Mercer’s foundation by name.

The Mercer foundation confirmed that Medallion Capital Investments was the destination for its money in 2004 and 2005, according to previously unreported filings to the IRS. More recently, it has not named the fund it uses. Renaissance told US authorities this year that Medallion Capital Investments held $1.3bn of funds owned by the company or people related to it.

Tax attorneys and accountants consulted by the Guardian said the Bermuda feeder fund appeared to be operating as a blocker between the Mercer foundation and the hedge fund investments.

Samuel Brunson, a professor in tax law at Loyola University in Chicago, said such arrangements were typically aimed at legally avoiding the tax. “If firms were willing to pay the tax, there would be no reason to go offshore,” he said Brunson. “They could stay onshore in a simpler arrangement.”

UBIT is charged at up to 39% on profits. The precise amount owed is difficult to compute, because the tax applies only to the portion of investment profits funded by debt. Hedge fund companies are not required to publicly disclose how much debt each fund uses. Renaissance describes its Medallion funds as “high leverage”, meaning high debt levels.
The Owl’s Nest

Since joining Renaissance from IBM almost 25 years ago, Mercer has accumulated extraordinary wealth that paid for luxurious homes in three states. His main estate, known as Owl’s Nest, is based around an $18m mansion close to Renaissance’s Long Island campus.

The Mercers also own a $75m yacht, the Sea Owl, a $13.6m ranch estate in Florida – Owl’s Nest South – and a $3.2m retreat on 92 acres in North Carolina. This year, they sold a Manhattan apartment for $3.3m.

At the same time, the Mercers have continued to signal that they take care over every penny. Bannon once explained their outlook as having been shaped by the fact they “came to their great wealth late in life”.

In 2009, Mercer sued a Michigan-based miniature railroad company that installed a scale-model track at his home. He alleged, six years after the installation, that he had been overcharged. The case was settled.

In 2011, Diana Mercer successfully sued a golf cart dealer in Florida for $15,000 over “mechanical problems and the poor condition” of two carts she had bought, and returned to court when the dealer failed to pay up as ordered.

A 2010 affidavit shows Diana Mercer is domiciled in Florida, which has no state income tax. A Renaissance spokesman declined to say where Robert Mercer was domiciled for tax purposes. The Mercers were sent a bill by the state of Maryland in 2014 for $23.9m in back taxes, but this was later withdrawn. Maryland officials and the Renaissance spokesman declined to say why it was decided they did not owe the money.

In July 2013, some domestic staff who worked at the Owl’s Nest estate sued Mercer, alleging he docked $10-$20 from their pay for errors such as “failing to replace shampoos and other toiletries if there was an amount of less than one-third of a bottle remaining”. The lawsuit was later withdrawn. An attorney for the staff did not respond when asked if they were paid a settlement.
The Guardian view on the Paradise Papers: a light on murky dealings
Editorial: Allowing the very richest to secede from the rest of society and choose the jurisdiction they operate under has led to an astonishing rise in global inequality
Read more

Renaissance Technologies has striven to avoid paying out where possible. The sharply critical 2014 report by the Senate permanent subcommittee on investigations said Renaissance improperly made profits from rapid trading appear to be long-term capital gains, which are taxed at a much lower rate.

The system involved Renaissance buying complex instruments known as “basket options” from banks. The bipartisan Senate investigation described the system as an “abusive tax structure” and said the IRS should collect taxes avoided with it. A spokesman for the IRS declined to comment on the status of the dispute.
Pension fund

Like Mercer’s family foundation, his hedge fund company also appears to use an offshore blocker system to legally avoid US taxes on a huge pool of retirement funds being accumulated by its employees. The fund has existed for five years but is already nearing $500m in value, according to its accounts.

In 2012, Renaissance staff were unhappy with the tepid pension options available to most Americans. So their bosses obtained special permission from the US government to help supercharge their savings.

The permission meant staff could ditch their vanilla 401(k)s and funnel their entire individual retirement accounts (IRAs) into the firm’s own hedge fund, free from restrictions designed to protect ordinary workers from risky investments. Several investment advisers said they were surprised the permission was granted.

“This is a unique perk,” said Mat Sorenson, an attorney based in Phoenix, Arizona, who specializes in law around retirement accounts.

When making the request to the US government, Renaissance identified a pair of new investment vehicles it had set up to hold the retirement funds. These were registered in Bermuda and are among those in the Paradise Papers that identify Mercer as a director.

The Renaissance retirement fund began with $103m in 2012. By last year, it had grown to more than $476m. More than $300m of the gains came purely from returns on investments in the Renaissance hedge funds.

Ordinary Americans investing their retirement funds in this way could expect to face UBIT on some investment profits. But the use of the Bermuda vehicles to protect Renaissance’s retirement fund means the tax is legally avoided.

A Renaissance source, who declined to be identified, stressed that other companies used blockers to avoid tax on retirement plan investments. But Ed Slott, an accountant based in New York who is a noted authority on IRAs, said the arrangements were far from typical.

“It may be common among people with truckloads of money and big hedge funds, but it’s not common among rank-and-file, ordinary Americans who just save for retirement,” said Slott. “Almost nobody has the wherewithal.”
Quick Guide
Key revelations from the Paradise Papers

In a footnote to a 2012 document prepared by the labor department about Renaissance’s arrangement, officials said the company had insisted on using the Bermuda vehicles so its employees could “avoid being subject to taxes on unrelated business taxable income”.

When asked why the US government had accepted this desire to avoid a federal tax as a legitimate cause for special treatment, a spokesman for the department declined to comment.

Filings by the Renaissance pension fund also suggest some staff may be using the system to legally reduce tax on money they made recently, rather than leaving it to grow for distant retirements.

The Renaissance staff accounts are Roth IRAs, meaning that workers have already paid tax on earnings they send to their Roth, rather than paying tax later on money the account pays out.

These rules are particularly appealing for workers such as Renaissance staff, who expect their retirement savings to grow dramatically. They pay tax on the smaller amount going in, rather than on the much bigger amount coming out.

Filings show tens of millions of dollars are being taken out of Renaissance’s retirement fund each year by workers remaining at the company.

The government imposes tax and a 10% penalty on funds removed early by younger workers. But this does not apply to early withdrawals by staff older than 59. Mercer is 71. A Renaissance spokesman declined to say whether Mercer had used the system to reduce tax on his income.


https://www.theguardian.com/news/2017/n ... ert-mercer

We can all post reams of text, some are factually researched, some are hyped up opinions by loonies.
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Re: Clinton Ca$H...

Postby Rolluplostinspace » Tue Nov 07, 2017 8:48 pm

Meanwhile in England every politician has owned up to feeling someones ass and maybe having gripped a knee or two .....
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Re: Clinton Ca$H...

Postby Stooo » Wed Nov 08, 2017 6:14 pm

Wall of text time:

Ed Gillespie Lost an Election. Then He Was Pulverized by Trump and His Allies.

Buses aren’t known for blazing speeds. But the one that Ed Gillespie found himself under Tuesday night came faster than even the biggest cynic expected.

The former RNC Chairman suffered a brutal defeat to Lt. Governor Ralph Northam in the Virginia gubernatorial election on Tuesday. Only after, however, he was truly pulverized.

Shortly after the loss, President Donald Trump and his top allies began spinning the result as the result of Gillespie being insufficiently obedient to and appreciative of the Trump agenda.

Laura Ingraham, the Trump-adoring cable news host, accused Gillespie of playing “footsie with conservative populism” without fully embracing it. Breitbart, called him a “Republican swamp thing.” A staffer for Corey Stewart, the conservative candidate who barely lost to Gillespie in the GOP primary, told Fox News that, "Gillespie didn't speak to populist issues early enough in the campaign.”

In the coup-de-grace, Trump himself said Gillespie “worked hard but did not embrace me or what I stand for” just hours after he recorded an election-day robocall for the candidate and tweeted his support for his campaign.

History may be written by the winners. But the losers on Tuesday night were doing their best attempt at submitting a first draft. And a good chunk of it was revisionism.

Gillespie never appeared alongside Trump. He ducked him often when asked direct questions. But he embraced his political playbook, at least key passages. He called for keeping up Confederate monuments, accused Northam of supporting sanctuary cities, warned of MS-13 gangs rummaging through northern Virginia and even sent out fliers criticizing football players for kneeling during the national anthem. Steve Bannon had insisted that Gillespie was “rallying around the Trump agenda.”

In the process, Gillespie became an emblem for how to run an election as a Republican in the Trump era: a soft veneer with hardball, culture-warrior tactics. Except, it didn’t work.

A number of Never-Trumpers offered their recriminations.

“Trumpism is a cancer that will end your political career and steal your honor if you embrace it,” John Weaver, the top strategist for Governor John Kasich (R-OH) told The Daily Beast. “Republicans should hold dear to their time honored fidelity to the constitution and personally to their soul and turn their backs on Trump for the sake of the country first and the party second. The results in Virginia were the the first step toward redemption for the party, though I fear 2018 will be such a shellacking that it will be the true wake up call.”

But on the other side of the GOP ledger, Trump’s defenders were making their own case—in the process, illustrating how deep the fissures are and how testy a forthcoming civil war may well be.

Sources close to Bannon told The Daily Beast that he had extended multiple offer to Gillespie and his team to campaign and stage rallies together and that Gillespie refused those overtures. Bannon was also frustrated that Gillespie would not come on his Breitbart radio show, nor would he do interviews with Breitbart News.

A Gillespie spokesman did not return a request for comment.

Even as Bannon publicly voiced support for Gillespie and the Republican ticket and predicted Gillespie’s victory, he privately complained about Gillespie’s unwillingness to go “full Trump,” and to actively embrace the president and “economic nationalism.” That, as Bannon and his allies would tell it, is when and how Gillespie lost it.

“Ed Gillespie had no message, was inauthentic, spoke from both sides of his mouth, and at the end of the day, even the deplorables couldn’t save him,” Andrew Surabian, Bannon’s political adviser and former Trump White House official, told The Daily Beast, shortly after Gillespie’s loss on Tuesday evening. “Gillespie campaigned with George W. Bush, [but] ran from President Trump.”


But. Her. Emails...
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Re: Clinton Ca$H...

Postby ATXn;D » Wed Nov 08, 2017 10:25 pm

Dems win in blue states won by hilarious in 2016.
In other news, water ia still wet.
Yawn.
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Re: Clinton Ca$H...

Postby Guest » Thu Nov 09, 2017 6:43 am

Democrats win in a race dubbed a 'Referendum on Donald Trump'

In other news British Prime Minister finds out cabinet member had unauthorised meetings with a foreign power and that cabinet member is immediately sacked. Donald please take notes it's called leadership
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Re: Clinton Ca$H...

Postby Cannydc » Thu Nov 09, 2017 7:40 am

Guest wrote:Democrats win in a race dubbed a 'Referendum on Donald Trump'

In other news British Prime Minister finds out cabinet member had unauthorised meetings with a foreign power and that cabinet member is immediately sacked. Donald please take notes it's called leadership


Leadership ? Not so - she was allowed to resign, NOT sacked.

Maybot couldn't show leadership if she actually tried (which she hasn't). And if you want real proof, ask yourself why 'vile hardcore porn on work computer' Damian Green and 'For my next trick I'll get a woman an extra 5 years in an Iran jail' Boris Johnson are still in their jobs.

The answer is she is too weak to sack anyone, too weak to stem the tide of Tory sleaze and too weak to run the country. She is no leader, and never was.
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Re: Clinton Ca$H...

Postby Cenobite » Thu Nov 09, 2017 7:56 am

Cannydc wrote:Leadership ? Not so - she was allowed to resign, NOT sacked.

Maybot couldn't show leadership if she actually tried (which she hasn't). And if you want real proof, ask yourself why 'vile hardcore porn on work computer' Damian Green and 'For my next trick I'll get a woman an extra 5 years in an Iran jail' Boris Johnson are still in their jobs.

The answer is she is too weak to sack anyone, too weak to stem the tide of Tory sleaze and too weak to run the country. She is no leader, and never was.


Exactly. :thumbsup:
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Re: Clinton Ca$H...

Postby Cenobite » Thu Nov 09, 2017 10:05 pm

Mein Führer. :canny:

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Re: Clinton Ca$H...

Postby ATXn;D » Fri Nov 10, 2017 1:34 am

Guest wrote:Democrats win in a race dubbed a 'Referendum on Donald Trump'

In other news British Prime Minister finds out cabinet member had unauthorised meetings with a foreign power and that cabinet member is immediately sacked. Donald please take notes it's called leadership




Utter BS.
How could it be a referendum on Trump when he LOST both of those states in the general election last year dumbass?
Virginia is where the swamp dwellers who hate him live moron.
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Re: Clinton Ca$H...

Postby Cannydc » Fri Nov 10, 2017 6:59 am

Democrats are looking ahead to midterm elections in which they hope to claim the majority in one or both houses of Congress - a crucial means to blunt Mr Trump's agenda and a potential route to pursuing his impeachment, a stated goal of some Democratic members of Congress.

Godspeed, say I. And Godspeed says most of the rest of the world.
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