OCT 2 16 SIT EC
y POL
ZERO HEDGE
ECONOMICS
It’s
just another massive bubble, a financial engineering bubble. It is a
bubble driven by the cold calculations of the criminal masterminds in the
C-suites of America’s corporations. It is a bubble enabled and funded by the mass insanity of
central bankers and clueless investors around the world. And it is a bubble egged on by the
cheerleaders on Wall Street and their financial media handmaidens...
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"the elite media wants to blame the
phenomena of the Trump campaign on racism and xenophobia and, you know, small-mindedness of one type or
another. But I think the underlying driver here, the
underlying alienation comes from an economic policy that has benefitted
enormously the bicoastal elites..."
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Combined with her grand visions of social engineering - plans to
involve the state ever more intimately in our daily lives - Hillary Clinton’s enthusiastic
embrace of the Marxian policy of transferring more inherited wealth from
families to government will take us down a very dark path.
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TAX SCUMERS : DON’T VOTE HILLARY-TRUMP
Well this is a little awkward. With the leaked
1995 Trump tax returns 'scandal' focused on the billionaire's yuuge
"net operating loss" and how it might have 'legally' enabled him to pay no taxes for years, we now discover none
other than Hillary Rodham Clinton utilized a $700,000 "loss" to avoid
paying some taxes in 2015.
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Pensioners Beware - Brits Considering First Step Toward Slashing Pension Benefits
“That
might be the price for survival now. The aim is survival now, which gives
you flexibility in the longer run."
by Tyler
Durden
Pensioners around the world should take note of
the controversial new legislation being
considered by the UK Parliament's Work
and Pensions Select Committee that would allow private businesses to cut pension costs by suspending contractual inflation-linked
benefit increases.
Of course, this could be just a crucial
first step in the long journey toward cutting pension benefits and finally admitting that many defined benefit pension plans around the
globe are nothing more than insolvent, ponzi schemes.
Committee Chairman Frank Field told
the Financial
Times that the goal of the proposed
legislation is to simply create an environment that helps insure the
"survival" of defined benefit pension plans for now
"which gives you flexibility in the
longer run."
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IS THERE TAX EVASION in TRUMP CASE? .. IF IT IS..
Then the rich is
allowed Tax evasion, not the poor-middle classes
Let’s check the latest news on this matter:
See image at: http://www.zerohedge.com/sites/default/files/images/user5/imageroot/trump%20tax%20teaser.jpg
Let’s summarize
this article with a Qt in mind: is his uses of NOL illegal?
1-
Trump’s case: he used
Net Operating Losses, or NOL, of the US tax code, to avoid paying taxes for years. In early
mid of 1990s he reported losses of both 1991 & 1993, enough to virtually
cancel out any taxes in 1995. NYT itself admits there was nothing illegal about using such a maneuver: “the world's rich take advantage of NOL
tax planning all the time, and in fact acquiring corporations for their NOL
benefit has long been a strategy in corporate America designed to avoid
investor to flow outside and to minimize
Federal and State tax outflows.
2-
Joel Rosenfeld, an
assistant professor at New York University offered his description of what he
would advise a client who came to him with a tax return like Mr. Trump’s: “Do you realize you can create $916 million in income without
paying a nickel in taxes?” .. “The I.R.S., when they see a negative $916
million, that has to pop out,” Mr. Rosenfeld said.
3-
Trump he has been the
subject of numerous tax audits by the IRS, he won all the cases. The NYT
itself is perfectly happy to take advantage of the US tax to minimize the
amount of money it pays to the government: in 2014 a Trump company got a tax
refund of $3.6 million despite having a $29.9 million pretax profit, an
effective negative tax rate for 2014.
4-
That explain why he
suggested in the debate with Hillary,
“cutting tax to investors” to avoid investors create jobs abroad instead of doing it
here. When Hillary said “you don’t pay
taxes”, he replays “that makes me smart”. I did not violate IRS codes, you
instead desecrate all Laws with you e-mail scandal.
5-
The “non-Russian leak” :
Yesterday three documents arrived by mail at The Times with a postmark indicating they had been sent from New
York City. The return address claimed the envelope had been sent from
Trump Tower”. The NYT notes: “a lawyer
for Mr. Trump, Marc E. Kasowitz, emailed a letter to The
Times arguing that publication of the records is illegal because Mr.
Trump has not authorized the disclosure of any of his tax returns.”
6-
The Trump campaign
promptly responded to what it alleges was "illegally obtained"
information as follows:
"The
only news here is that the more than 20-year-old alleged tax document was
illegally obtained, a further demonstration that the New York Times,
like establishment media in general, is an extension of the Clinton Campaign,
the Democratic Party and their global special interests. What is happening
now with the FBI and DOJ on Hillary Clinton's emails and illegal server,
including her many lies and her lies to Congress are worse than what took place
in the administration of Richard Nixon - and far more illegal.
"Mr. Trump is a highly-skilled businessman
who has a fiduciary responsibility to his business, his family and his
employees to pay no more tax than
legally required. That
being said, Mr. Trump has paid hundreds
of millions of dollars in property taxes, sales and excise taxes, real estate
taxes, city taxes, state taxes, employee taxes and federal taxes, along with
very substantial charitable contributions. Mr.
Trump knows the tax code far better than anyone who has ever run for President
and he is the only one that knows how to fix it.
"The incredible skills Mr. Trump has shown
in building his business are the skills we need to rebuild this country.
Hillary Clinton is a corrupt public official who violated federal law,
Donald Trump is an extraordinarily successful private businessman who followed
the law and created tens of thousands of jobs for Americans."
7-
As expected, CNN staff
that support Hillary was displeased with this characterization.
The three leaked state tax filing pages from 1995 are shown
below: To
read it OPEN: http://www.zerohedge.com/news/2016-10-02/trump-deep-throat-emerges-unknown-source-leaks-donalds-95-tax-filing-nyt
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POLITICS
"Does that mean the rest of who don't look for every possible
loophole and provisions to avoid paying our fair share of taxes...does that mean the rest of us are
stupid?"
[[ Giuliani.. you could’ve been the type of “smart” person Trump
is .. –you may be better than him;
nobody knows your way of getting rich by no making tax evasion- But, to say that “I think most Americans are probably
offended. I know most Americans pay their federal income taxes.” Of course you are referring the rich. That means that you live your own reality and the reality of
speculators doing nasty business in Wall Street. I won’t take your statement
–above- as real, but as a suggestion to implement Tobin tax to all
financial transaction done in WS and similar casino places. Meanwhile,
your question regarding Trump “does that mean the rest of us are stupid?" .. you had the chance
of demonstrate the opposite by participating in the electoral race , but you
preferred not to. What you were afraid of? .. tax skeletons in the closed? .
The realm of politics is the only way to change Econ realities and in politics
you are like Hillary.. greed oriented and self-center actor. You are not an actor anymore, you pretend
to be an “honest observer” but you are a liar: your saying that most rich
people pay income taxes, uncover you. This nation do not need more
liars.. NO Hillary-Trump, and not you, of course. ]]
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ME & WORLD ISSUES
DON’T EAT FISH COMING
FROM EAST COUNTRIES
The Fukushima nuclear disaster has contaminated the world's largest
ocean in only five years and it's still
leaking 300 tons of radioactive waste every day.
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GLOBAL RESEARCH
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INFORMATION CLEARING HOUSE
How the US Armed-up Syrian Jihadists By Alastair Crooke
U.S. Special Forces saw close up how the chaotic U.S. policy
of aiding Syrian jihadists enabled Al Qaeda and ISIS to rip Syria apart
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The US Presidential Debate and the War Plans
of the Ruling Class By
Patrick Martin
Whoever wins, the people of the United States and the entire
world confront immense dangers.
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SPUTNIk and RT SHOWS
WikiLeaks Cancels Tuesday Leak Touted to Doom Hillary Due to
‘Security Concerns’ https://sputniknews.com/world/20161002/1045932186/wikileaks-cancels-leak-hillary-security.html
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State Department ‘Loses’ Smoking Gun Email of Possible
Clinton Insider Trading https://sputniknews.com/us/20161002/1045929447/hillary-clinton-foundation-email-greece.html
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Pentagon ‘Silent’ Coup Undermines US-Russia Engagement on
Syria https://sputniknews.com/politics/20161001/1045894069/pentagon-silent-coup.html
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RT SHOWS
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WASHINGTON BLOG
I’M A BERNIE SANDERS VOTER:
HERE’S WHY I’LL VOTE TRUMP
By Eric Zuesse.
A BRIEF introductory note before
going to my critique:
1- Introduction
Sanders was the latest rhetorical inspirator of “socialism”
in America. However,
to say that one is a “Sanders follower” is
to say nothing: no affiliation to socialism, nor to a progressive stand . Saying Sanders was a socialist , so I’m by association,
is flaw argument. To make a consistent argt requires to define what is
socialism and what is a socialist Rev Mov. Was Sanders really a socialist? ..
Was the social Mov he inspired a real
socialist Mov?. I don’t think Sanders was a real socialist and I don’t think his
Mov was a socialist Rev one. There were certainly many socialists and
progressive people inside, but the majority of Sanders followers were not real socialist
either. Some of them could’ve been social fascist instead, without knowing they
were so. This seems to be the case of Eric Zuesse, the author of this article (I
gather this from his notes on 4-5-6 below) .
Let’s put dots on the iis. Sanders
was simply an electoral progressive Mov,
with some tones of socialism in its discourse. Now let’s go by parts: A- what
is socialism?; B-what is a socialist Rev
Mov in electoral time, C- Why Sanders abandon his followers. D- Why some of his
followers became social-fascist like Eric Zuesse. E- Why more than ever we
should support Dr. Jill Stein. F- Why EZ is totally wrong in evaluating Jill
Stein.
Just in case: 1- I’m not saying that Trump is a fascist, -Hillary’ demonizing
argument against him- but some of Trump followers -like Eric- really are. 2-
Eric is against Hillary, but he is using her arguments -the lesser evil story tell- to demonize
supporters of Jill Stein.
The complete critique to Eric will
be my next post in Nueva Democracia
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NOTICIAS IN SPANISH
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Keiser
report Detractores y perdedores
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Las ricas abortan,
las pobres mueren. Basta de hipocresía!
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PRESS TV
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India-Pakistan
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