VOTE YOUR INCUMBENT OUT OF OFFICE!!!!
I SPOKE AT LENGTH A WHILE BACK ABOUT ASSET SHELL COMPANIES. THESE ARE PARALLEL OPERATIONS TO B CORPS AND GIVING ORGANIZATIONS USED TO LAUNDER ALL THOSE FRAUDULENT GAINS AND KEEPING ALL CORPORATE/WEALTH MONEY OUT OF OUR GENERAL GOVERNMENT COFFERS. REMEMBER, ALL MIDDLE/LOWER CLASS TAX MONEY GOES INTO THIS GENERAL FUND AND WE SEE IN BALTIMORE, MOST OF THAT IS GOING TO THESE ENTERPRISE ZONES.
THIS IS SERIOUS FOLKS! YOU ARE ALLOWING YOUR INCUMBENT TO INSTALL A SYSTEM THAT MAKES YOU AND I PEASANTS AND THE 1% PATRONS! THIS IS WHAT THEY DID IN THE MEDIEVAL TIMES! SAME THING.
These asset shell companies and the laws allowing them were well on their way before the 2008 collapse so reporting on them after all the trillions lost from this massive mortgage fraud is like reporting on the Facebook IPO listing after the fact......the media likes to tell us how it all was done, but doesn't let us know when it is happening so we can stop it. As the article states, these asset shell companies are in Joe Biden's Delaware and Harry Reid's Nevada. You'll notice these are two Third Way corporate Democrats....Third Way being the group that brought down the Glass-Steagall Wall and created the huge income inequity and criminality we have today. They keep being reelected because mainstream media will not tell the people this connection. They always sound like they are fighting it when they are doing it!
The questionable remark made in this article and is used commonly is that while asset shell companies may be immoral they are legal. That, of course is propaganda. If a driver sits outside a bank as it is getting robbed, he is behaving legally. As soon as the bank robber jumps in his car he is an accomplice.....or complicit. That is what is happening here. We all know that to fail to have laws in place, or to have laws that are so vague as to be unable to enforce makes these law-makers complicit/an accomplice in the crime. I dare say that goes for the media propaganda as well. Clearly these laws exist as they do to allow fraudulent gains to be laundered out of view and that is a crime.
The idea that we will not be able to get that money back is again a fallacy, I say purposefully proffered. Most of these 'assets' are on paper because most involve stock transactions tied to toxic/bad debt. That is why in the US and Europe these same banksters are trying desperately to replace that fraud with austerity rather than writing - off the bad/fraudulent loans. That is why default is so important. That is why we don't want taxpayers to write down Freddie and Fannie mortgages and the politicians do. Equally important is that we only have to change laws to make physical assets and corporate assets as a whole able to be nationalized. We don't need to hunt individual money down, we simply need to seize entire companies and then let the shareholders pay to find the money.
They Won't Tell You Their Names, But They'll Help You Hide Your Money
September 28, 2012
by David Kestenbaum NPR News
We set up our shell companies. Then we wondered: What do people actually do with shell companies?
One popular use, it turns out, is what professionals call "asset protection." Ordinary people call this "hiding money."
Maybe you're a surgeon worried a patient might sue you and take everything you have. Or you want to hide money from your ex (or your soon-to-be ex).
"That's always a big concern," says Bobby Casey, managing director at a company called Global Wealth Protection.
Bobby Casey, by the way, is not actually named Bobby Casey. Also, he lives in Latvia. The director of operations at the company goes by "Adam Wolf," which also is not his name. There's a photo of Adam Wolf on the website, but you can't see his face. He's riding a motorcycle, dressed in black, wearing a helmet and sunglasses.
Asset protection is one of those professions where you can make enemies. Bobby Casey says he's simply trying to help people build a fortress around wealth they've earned.
Say you own a piece of property with a few rental units, and you're worried about a lawsuit from a tenant who claims to have slipped on the stairs.
First step, place the property into a legal entity into a trust. Then, when a lawyer looks for who owns the building, all he finds is the trust. The lawyer has to go get a court order to get the trust document, which is when he encounters the second layer of your financial fortress. The trust is owned not by you, but by some company in Delaware. That company also doesn't have your name attached to it.
"It's kind of like Alice in Wonderland down the rabbit hole," Casey says. "It makes it very complicated to chase down owners."
The whole point is to put up barriers to discourage people from suing you. Casey recommends all his clients keep some money out of the country entirely — perhaps by setting up a shell company on the Caribbean island of Nevis with a bank account in Latvia.
Now a lawyer trying to penetrate your fortress might have to fly to Nevis. And then, even if the gets what he wants there, he would have to go to Latvia.
Bobby Casey paints a picture of a world with two kinds of people in it: People with money, and people who sue the people with money.
But, I asked Casey, isn't the point of the court system to sort that out? Isn't he helping people hide assets that actually should go to other people?
"I would say there is way more frivolous, unjustified litigation in the U.S. than there is justified litigation," he said.
That's debatable. What's not debatable: All these tricks are within the law. "It's legal," one lawyer said to me. "Is it moral? That's a question for the bishop."
MARYLAND MADE B CORPORATIONS LEGAL IN 2010. IF YOU LOOK AT THE MAP BELOW ON BENEFITCORP.NET, YOU'LL SEE EVERY STATE INVOLVED MOST DEEPLY IN THE MASSIVE FRAUDS AND AS SUCH WITH MUCH WEALTH, ARE PROMOTING THESE B CORPORATIONS. THESE B CORPORATIONS ARE FUNDING THOSE PRIVATE NON-PROFITS THAT THEN CALL THEMSELVES SOCIAL ORGANIZATIONS. THEY THEN FUNNEL MONEY TO THEIR OWN PROJECTS, THEY CO-OPT THE CITY COUNCIL AND STATE ASSEMBLY AS THEY 'VOICE OF THE PEOPLE', AND THEN ONCE THE COUNCIL ADOPTS THESE B CORPORATION'S PLATFORMS, ALL OF OUR TAX MONEY (THE GENERAL FUND) GOES WITH IT. ALL WITHOUT A WORD FROM US. REMEMBER, THESE NON-PROFITS ARE HEADED BY PEOPLE APPOINTED AND THEY SPEAK FOR THE GROUP. THIS IS WHAT RUNS BALTIMORE CITY COUNCIL AND BALTIMORE DEVELOPMENT CORPORATION IMPLEMENTS THE REQUESTS FROM THESE GROUPS.
IF YOU THINK THESE ORGANIZATIONS ARE TRANSPARENT YOU SHOULD TRY ATTENDING A MEETING OR DO A FREEDOM OF INFORMATION REQUEST. YOU CAN'T BECAUSE THEY ARE PRIVATE......VERY PRIVATE
IT IS STRAIGHT FROM MAO'S CHINA.
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