Update 31st October 2017. Has Trump been evading tax and money-laundering, like Manafort has? Trump has often boasted "I'm smart. I don't pay tax" when refusing to follow all recent Presidents and publish his tax-returns. The bits of information he has released show income of $100 m to $200 m per year. This makes sense from his inheritance of New York rentals from property worth $200 million in the 1950s now worth more than $2 billion - collecting 5% to 10% in rents from his (all white) tenants (Thanks Mum and Dad). He has owned the properties since he was 25 or so - about 45 years, so at present prices his cumulative income is 45 years x $100 m = $4.5 billion. His much vaunted Depreciation Property Tax Allowances on these NY apartments was at 1950s prices; so long ago used up. The same applies to his alleged 1995 $916 m casino building and business losses (he can claim the losses he actually personally paid, not losses he dumped on his creditors) - long ago, at past low values, and fully absorbed. A conservative estimate is that he owes, with compound-interest, US income-tax of about $2 billion - plus any IRS penalties. If he has been "smart" and paid no tax, how has Trump avoided paying $2 billion in US taxes on his New York rents? A forensic audit of his network of companies and bank accounts around the world will reveal if "losses" have been shipped into New York and claimed for tax-relief. If such claims are false - then he too, like Manafort, can be charged. He might of course be totally innocent of such crimes; he might have lost his New York properties and the rental income and secretly borrowed heavily to maintain his boasted net-worth. Are there any loans from Russian oligarchs and banks?
Wednesday, 25 October 2017
Manafort offshore - Panama Papers - tax and wire-fraud - funny money.
Like the gangster Al Capone, jailed not for violence and murder but for tax-fraud, Paul Manafort and friends are being threatened with 30 to 60 years in prison and confiscation of all the capital (est. $70 million) laundered through funny-money offshore companies, used to distort the US election and to evade tax on foreign fees. Manafort's web of Ukrainian/Russian "fees" and companies has been tracked via the Panama Papers; and all his bank transactions - in his own, his family's and false names - have been tracked, I guess via Homeland Security, CIA, FBI etc. Government spies can trace ALL business transactions, ALL telecoms and ALL secret assignments. Ask Edward Snowden how such universal searches, spanning decades, are done. There is no hiding place.
MANAFORT INDICTMENT - The Full Text. The confiscations of money and houses are in the last few pages. Manafort's web of intrigue makes Arron Bank's complicated offshore maze look like a childish (and perhaps a blameless) game.
The champion maze makers remain, of course, ENRON - who stole billions of dollars, went bust, went to prison and had the world's top auditors, Arthur Andersen, (now Accenture) struck-off. Despite one of the world's most insistent, long and expensive PR campaigns, the reassuring, happy media soundbite "...complex tax-avoidance - which is of course completely legal" was and is wrong advice. Fiddling the books, making up funny-money invoices and baseless charges, was and is a crime. The Manafort Indictment will change the tax-free world of offshore loot. Wait for the knock on the door as major governments realise how much they can collect in back-taxes, and fix their deficits.
I believe that BREXIT is driven by such offshore tax-evaders, desperate to avoid, or evade, the closing net of EU tax and bank laws.
edition.cnn.com/2016/09/26/politics/donald-trump-federal...taxes-smart.../index.html27 Sep 2016 - Trump: 'I'm smart' for not paying taxes ... Trump has said he won't release his tax returns until a routine audit is complete, though every major ...
Update 30th October 2017. Are the FBI looking at treason here?
Subject: Manafort and Gates charges - Sent to tax specialists:
12 charges including money laundering “conspiracy against the USA”. Does this lock out Trump in his attempts to sack Mueller? Trump would now certainly be “obstructing justice” if he interferes with this investigation. The complaint that Mueller is spending tax dollars to investigate, withers on the vine if the opening thrust is to get Manafort to cough up taxes and capital from his secret Ukraine fees of $600,000 per month. Yes per month, for 4 years. That’s $28.8 m concealed and tax-evaded (usually back-tax cases collect ALL the gross, all the capital involved, not just the tax). Good for the US Treasury if it is clawed back.
Is Trump boxed in? What do you think?
Posted by Fuzzy Slippers Sunday, October 29, 2017 at 12:03pm
Person unnamed, charges not yet known
The Special Council investigation led by James Comey friend and ally and former FBI head Robert Mueller has been in search of a crime since its questionable inception. In fact, so intent is he on digging up some kind of crime, any kind, that he’s amassed a legal team that rivals in size the entire U. S. Attorneys Office for the state of Rhode Island. Courtesy of your tax dollars.
Reports suggest that he’s bagging his first head on Monday. Reports do not, however, state who will be arrested or on what charges.
A federal grand jury in Washington has approved the first criminal charges in the special counsel’s investigation into Russian election interference, two sources told NBC News, marking a significant milestone in an inquiry that has roiled Donald Trump’s presidency.
Mueller’s Special Counsel’s Office will make public an indictment on Monday, a U.S. official with first-hand knowledge of the process confirmed to NBC News, without disclosing the name of the target or the nature of the charges. The timing was confirmed by a second source familiar with the matter.
CNN was the first to report on Friday that the grand jury approved charges, citing multiple sources. The network added that the charges remain sealed by order of a federal judge.
Sealing indictments is not uncommon at this stage, but as New Jersey Governor Chris Christie (R) notes, “if you’re the person, you know.”
Whoever is targeted in the first charges sought by the special counsel’s Russia investigation likely already knows, said New Jersey Gov. Chris Christie, a former federal prosecutor.
“Believe me, if you’re the person, you know,” Christie, a former U.S. attorney, told ABC News Chief Anchor George Stephanopoulos on “This Week” Sunday. “If you’ve been told you’re a target, believe me, you’re not sleeping well anyway.”
The team of special counsel Robert Mueller investigating Russia’s alleged meddling in the 2016 election and possible links to the campaign of President Donald Trump has sought charges against at least one unidentified target, ABC News has learned.
Sources tell ABC News an indictment announcement and arrest could possibly come as soon as Monday.
It’s been less than six months since Mueller was appointed Special Council, so it’s not a stretch to suggest, as does The New Yorker, that this might be a message to other targets and potential targets of the investigation.
[F]ive months into his investigation, Mueller has brought a first set of criminal charges. By the standards of recent special prosecutors, that is fast work, and it confirms Mueller’s reputation as someone who doesn’t like to dally. Now that he has started arresting people, there is no reason to suppose he will stop. And that is precisely the message he wants to send.
. . . . Speaking on CNN, Michael Zeldin, a lawyer who served as a special assistant to Mueller when he was director of the F.B.I., suggested that Paul Manafort, Trump’s former campaign manager, might be the person charged. Zeldin imagined Mueller taking such a step to pressure Manafort to coöperate. “There is a lot of pressure on people who are under investigation to coöperate with Mueller after this indictment,” Zeldin said. Well before Mueller was appointed special counsel, the F.B.I. had been investigating Manafort’s financial ties to a pro-Russia party in the Ukraine. Mueller took over that investigation after he was appointed, in May. In July, F.B.I. agents staged a pre-dawn raid on Manafort’s home in Alexandria, Virginia.
Manafort isn’t the only name being speculated about. Other commentators suggested that Carter Page, a former adviser to the Trump campaign who had his own extensive Russian ties, or Michael Flynn, the former national-security adviser who was ousted from the White House over his post-election contact with Russia, might be subjects of the charges. It has been reported that the former F.B.I. director James Comey, when he was leading the Russia investigation, secured permission from a secret court operating under the Foreign Intelligence Surveillance Act to tap the communications of Page and Manafort. It has also been reported that Mueller’s team demanded White House documents about Flynn.
A key political question is whether these charges are related to things that happened as part of the Trump campaign, or whether they relate to alleged wrongdoings that occurred before it began or separate from it. If there are direct ties between the charges and the campaign, that will obviously have huge ramifications on Capitol Hill and elsewhere. But if the charges concern alleged actions on the part of Manafort or others that were unrelated to the 2016 campaign, the White House may well accuse Mueller of moving beyond his remit. That allegation wouldn’t be accurate—the terms of Mueller’s appointment gave him license to investigate “any matters that arose or may arise directly” from the Russia probe . . . .
Prior to the news breaking about the pending indictment, the Wall Street Journal editorial board called for Mueller to resign and for an investigation into the role the FBI may or may not have played.
Two pertinent questions: Did the dossier trigger the FBI probe of the Trump campaign, and did Mr. Comey or his agents use it as evidence to seek wiretapping approval from the Foreign Intelligence Surveillance Court of Trump campaign aides?
Congressional investigators need to focus on the FBI’s role, and House Speaker Paul Ryan was correct Wednesday to insist that the bureau comply with Congress’s document demands “immediately.” Mr. Sessions has recused himself from the Justice Department’s Russia probe, but he and Deputy AG Rod Rosenstein can still insist on transparency. Mr. Ryan should also reinstall Intelligence Chair Devin Nunes as lead on the Russia investigation, since it appears the Democratic accusations against him were aimed in part at throwing him off the Fusion trail.
All of this also raises questions about Special Counsel Robert Mueller’s investigation. The Fusion news means the FBI’s role in Russia’s election interference must now be investigated—even as the FBI and Justice insist that Mr. Mueller’s probe prevents them from cooperating with Congressional investigators.
Mr. Mueller is a former FBI director, and for years he worked closely with Mr. Comey. It is no slur against Mr. Mueller’s integrity to say that he lacks the critical distance to conduct a credible probe of the bureau he ran for a dozen years. He could best serve the country by resigning to prevent further political turmoil over that conflict of interest.
Update 12th April 2017 - FACT "That nice man Mr Hitler didn't use chemicals to kill his own people" Sean Spicer, Trump's mouthpiece. "PS - Ooops - Excluding gassing 6 million Jews, of course."
UPDATE 10TH APRIL 2017 - TRUMP BOMBS SYRIAN MILITARY AIRPORT.
The USA could have responded in many different ways to Assad's evil chemical weapons attacks on his own people. But, it has taken less than 14 weeks since inauguration for President Donald the Draft Dodger to apply Hitler's tactics and go to war - using missiles against Assad's airforce; ...and threatening to attack North Korea' s nuclear bomb capability.
Trump's PR machine and fascist KKK apologists immediately roar with triumph that his attack on Assad, a close ally of Russia, is an attack on Putin - which "proves" that Trump is not in Putin's pocket or is the "Kremlin Candidate" subject to blackmail.
Not true. Fake-News. Sad. Horrid. Terrible. I think the attack is a ploy to deflect American prosecutors from investigating the Trump-Putin alliance to warp the election outcome and to mask Russian secret service attacks on Hillary Clinton; which might find Trump & Co. to be guilty of treason. It has done Putin no harm. Was Russia warned in advance?
Making serial-liar Trump, suffering Narcissistic Personality Disorder, Commander-in-Chief of the most powerful armed forces in history is a grave mistake. For the world's sake, and for God's sake America, LOCK HIM UP.
10th January 2017
Your hero, President Trump, is demented. He is aping Hitler.
- Stir the angry neglected mob with false promises
- Fail to meet your promises – blame others
- Identify persons to hate – Muslims or Jews or Cripples or Women (not Saudis).
- Isolate your country, Re-Arm & Start a war
- Take Emergency powers as dictator – indulge your evil sexual perversions
- Abolish or kill all intellectuals & opposition to your mad ideas
- Herd the hated into concentration camps or drive them abroad
- Torture dissenters (Or, it’s amazing! Torture their children – Wow! job done!)
- Nuke millions of human beings, destroy culture and civilisation
- Kill yourself when faced with reality
John, You have assured me many times that despite his vile rhetoric Trump would become benign in power. Do you now accept that he is demented and will risk WW3 rather than admit he is wrong? He means all the crazy things that he said and is now repeating, without Cabinet or departmental consultation. His (terrified) wife is from a part-Muslim country – is she to be deported? Along with his kids? Drumpf is a German immigrant. Will he deport himself? Congress must arrest him and put him in a secure asylum. He is completely mad. Noel
Answering your points (below) in order:
It’s because I and several million other old (and many major) users strongly and publicly objected that MSoft extended support for XP. They’ve learned that it is better business to be nice to long-term, loyal customers.
Calming down is what Chamberlain did – 50 million died.
My friend Mel hopes Trump can’t be another Hitler because of the USA checks and balances – but all he needs is an Emergency – to take emergency powers. As Hitler did. Today, despite the high-court judgement to admit visa holding visitors – the border guards are complying with Trump’s executive order to ban them. He is head of the armed forces and thugs will follow wherever he leads. The German aristocrats were certain they could control The Little Austrian Corporal, who controlled The Mob; whenever they chose. Hitler murdered many of those aristocrats and became dictator. He was also completely mad. Mobs like mad leaders – they offer certainty and revenge on the old order.
Trump is famously a bully – from childhood. Read his biographies. He is also ill with narcissistic personality disorder. He also brags that when attacked he retaliates with “15 times the force”. He is vengeful and belligerent. He attacks weak and harmless persons, like the disabled journalist he mocked, and like his very sick nephew – who died. In his private and business life he has never met a superior, wealthier opponent.
As a billionaire playboy he has done whatever he liked, whenever he wanted. He has a gold-plated door, dyed hair, dyed skin and bleached teeth. His NY gangland tactics have worked for him since childhood. This vengeful, mentally fragile, unintelligent, aged quasi-gangster now has the most powerful weapon ever. He is challenging the Chinese, Mexicans and ISIS and probably other nations – Putin will quietly withdraw from association with this madman. When stopped and frustrated Trump's infantile narcissistic rage will be uncontrollable. It is because he is crazy that he is so dangerous. Only Congress can contain his madness. They should do it now, immediately; before Trump triggers a major catastrophe.
Only the Alt-Right and Fake-News sites think (want) the EU will break up. It is the largest, richest trading bloc ever; 60 years established. The Euro has withstood all the speculators who want to crash it. It is the 2nd most powerful and reliable free-market currency in the world. It is America that wants to kill the EU’s influence and return to world dominance. Maybe California should opt out of the American Union.
Trump is not merely “imperfect”. He is a dangerous megalomaniac who lies and shifts his ground half-day by half-day. He needs urgent medical treatment. He should not hold any power.
Now is not the time for appeasement.
You are over reacting, remember your reaction when Microsoft stopped supporting Windows XP. And I am still using it.
Calm down, Trump does not want war. Trump wants detente. As a business person he knows how expensive wars are and he does not owe the warmongers a war, unlike Hillary who would have taken the USA into a war to repay her backers.
You have got that part of it upside down.
If you want to see how EU is falling apart, start doing some research. Google will do it, just type in various things like "death of EU", "EU failing" and use your fertile (over fertile?) imagination to think of other search terms . If you can't find any articles based on the search terms then maybe the EU is OK.
Trump is not perfect, nobody is, but don't worry about him and the button.
Actually I think the failure of the EU and its banking system will affect us more than Trump.