MinBane

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Archive for the tag “Limited Liability Company”

Remarkable remarks made by Hillary Clinton in her Wall Street speeches!

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Some people have asked for this a long time as we all who has followed politics knows that the Democratic Party Presidential Candidate Hillary Rodham Clinton has a track-record for paid speeches and earnings while being a career politician. This is a legacy she has left behind, neither if she likes it or not.

Hillary Clinton has been asked if she can reveal her transcripts or manuscripts for the speeches to the dozen of companies who has earned her millions. Therefore the these scripts proves her real belief, she is not an progressive as she made to believe to kick-out Bernie Sanders in the Democratic Party Primary.

To the Xerox on her Political Stance:

“*Clinton Said That Both The Democratic And Republican Parties Should Be “Moderate.” *“URSULA BURNS: Interesting. Democrats? SECRETARY CLINTON: Oh, long, definitely. URSULA BURNS: Republicans? SECRETARY CLINTON: Unfortunately, at the time, short. URSULA BURNS: Okay. We’ll go back to questions. SECRETARY CLINTON: We need two parties. URSULA BURNS: Yeah, we do need two parties. SECRETARY CLINTON: Two sensible, moderate, pragmatic parties.” [Hillary Clinton Remarks, Remarks at Xerox, 3/18/14]

She is more pragmatic and moderate, than Progressive, something the TYT have for instance been truthful about all along, and me too as that has been playing for the gallery and not her true self. In the next ones she proves that the Perception of the leaders of the Market and Economic framework, as will be shown about her true belief in banking when talking to the Goldman Sachs, Banco Itau and the Duetsche Bank. Here she proves her real allegiance with the banks and not with citizens who pays for the wealth of the banks while their house-market defaulted.

To the Duetsche Bank in 2014 on the Economy:

“*Clinton: “Even If It May Not Be 100 Percent True, If The Perception Is That Somehow The Game Is Rigged, That Should Be A Problem For All Of Us.” *“Now, it’s important to recognize the vital role that the financial markets play in our economy and that so many of you are contributing to. To function effectively those markets and the men and women who shape them have to command trust and confidence, because we all rely on the market’s transparency and integrity. So even if it may not be 100 percent true, if the perception is that somehow the game is rigged, that should be a problem for all of us, and we have to be willing to make that absolutely clear. And if there are issues, if there’s wrongdoing, people have to be held accountable and we have to try to deter future bad behavior, because the public trust is at the core of both a free market economy and a democracy.” [Clinton Remarks to Deutsche Bank, 10/7/14].

To Goldman Sachs on Banking Regulations:

Speaking About The Importance Of Proper Regulation, Clinton Said “The People That Know The Industry Better Than Anybody Are The People Who Work In The Industry.”* “I mean, it’s still happening, as you know. People are looking back and trying to, you know, get compensation for bad mortgages and all the rest of it in some of the agreements that are being reached. There’s nothing magic about regulations, too much is bad, too little is bad. How do you get to the golden key, how do we figure out what works? And the people that know the industry better than anybody are the people who work in the industry. And I think there has to be a recognition that, you know, there’s so much at stake now, I mean, the business has changed so much and decisions are made so quickly, in nano seconds basically. We spend trillions of dollars to travel around the world, but it’s in everybody’s interest that we have a better framework, and not just for the United States but for the entire world, in which to operate and trade.” [Goldman Sachs AIMS Alternative Investments Symposium, 10/24/13].

As she has shown here is her real belief in the market handling them and she says that the ones knowing it is the ones working in it. Hillary isn’t really for regulations and even remarking that their either complaints about too much or too little.

To Banco Itau in the 2013 on an Open Market:

“*Hillary Clinton Said Her Dream Is A Hemispheric Common Market, With Open Trade And Open Markets. *“My dream is a hemispheric common market, with open trade and open borders, some time in the future with energy that is as green and sustainable as we can get it, powering growth and opportunity for every person in the hemisphere.” [05162013 Remarks to Banco Itau.doc, p. 28]

If you ever thought she was against the Trans-Pacific Partnership (TPP) agreement that will be beholden for the corporations and not for the citizens, the ones leading to the clear permits of more control of businesses over regulations. As the trading will counter the values of national states and governments as the work regulations is less important than the value of an Open-Market. Well, then some on technology.

On Blackberry and Technology in 2014:

“Clinton Said When She Got To State, Employees “Were Not Mostly Permitted To Have Handheld Devices.”* “You know, when Colin Powell showed up as Secretary of State in 2001, most State Department employees still didn’t even have computers on their desks. When I got there they were not mostly permitted to have handheld devices. I mean, so you’re thinking how do we operate in this new environment dominated by technology, globalizing forces? We have to change, and I can’t expect people to change if I don’t try to model it and lead it.” [Clinton Speech For General Electric’s Global Leadership Meeting – Boca Raton, FL, 1/6/14].

Here is even more news on Colin Powell, he seemed like ghost being mentioned lots, especially after his own e-mails we’re hacked where he profoundly spoke ill of Trump and endorsed Clinton, if I remember correctly. Here Clinton in Baca Raton in Florida and want to lead it, not being follower; that is what she asks of the men and woman in General Electric; she wants the giant company to lead and not follow. That shows her way of selling stories to her crowd. Surely something she has done during the campaign and will continue until she ends in the White House like her husband in the past.

What is clear is the manner of which she is proving to moderate, open-free-market, belief in self-governing banks and the will of TPP. So the talk that Obama made it into the Congress and Senate to shield Clinton is a blatant lie and the world should know it. Peace.

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Opinion: The Written Word and Media losing power in our day and age; because of Self-Censorship!

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Sometimes I wish I knew nothing, was clueless, and didn’t have the curiosity or learning ways of finding the information. Finding the sources and looking out for the ones that really said it and not hearsay.

In this world of constant dropping of instant news that are composed in a tabloid fashion suited to the political belief of either the sponsors, owners and the ones that get clicks. The reality and the true sources don’t matters. The Stories getting copied and bought; they don’t get written the newsagents drop them like a grocery-bag and it flees the hurdles before the shade of dark comes in.

The popularity and the spreading on social media makes the marginal papers, the marginal sources silenced as the big-media houses and conglomerates control the discussion and conversations. The minor ones might have a smidge of control and ones in while find a story or picture, even glimpse of reality that the world needed to know. But the houses are silent if there isn’t a buck in it or the righteous owner doesn’t approve it.

It has to be cleared and corrected made in a way that the population can accept it and the ad-revenue can come, either on TV, Online or in the Press. The grandest of them shows loyalty to the ruling regimes and dances with the Multi-National Companies without questions. Therefore the stories are fitted so the Colgate can be sold while the ruling regime can be smug on the front pages; there might not strict rules for censorship! Still the censorship can be made by company just to sell and the integrity doesn’t matter. The digging and questioning cannot happen as long as the journalist has to think about the owners and their wealth; not about generally praising the governments and the giant companies who subsidize their rule.

The Advertisements and Owners control it, instead of the thought of giving the public the intelligence or the follow-up of stories; unless the leaks nearly have to be addressed. I am so tired of these notices and little margins of stories. The PanamaPapers and others are truly remarkable events that made certain papers look into the conspiracies and into the darker sides of the world. Where even the trails of papers found world-leaders, NGOs and Companies that wouldn’t’ like to be associated with fraud, Tax Evasions and other economic forgery. Still, the Apple Company and Amazon don’t care if they rig their LLC in ways in Europe to systematically not pay what they have due on their profits.

Fox News

Still, the little smidge of barren, the little smidge of proper work or shown as the microwaved cases and the questions for a quick “BREAKING NEWS” as the Senator or MP calls the Network to come to the steps of Court or Parliament to discuss the plenary session on the “Bushwick” Tax; that are for the regulation of growth amongst the bushes. The Bushes that are a problem in the nation; this happens while the media doesn’t question the tenders, the payments and deals made for Oil Drilling and why the Petroleum Commission doesn’t show any signs of transparency towards the companies getting the contracts, the tax they pay on the dollar and the Crude Oil rate for developing the Pipeline. Still, it’s easier just to get a grand quote from the Senator or MP than asking the hard questions towards the Central Government.

The tricks and notion that the Government and Multi-Nationals doesn’t have anything is a lie. They just don’t want us to know as their knowledge and their mechanisms wouldn’t be controlling if we knew. The certain estimate if the Norwegian people for instance the grades that the food-producing companies paid the three great conglomerates (NorgesGruppen, Reitan Gruppen and COOP) for space on the aisles or placements fees directly to the Supermarket Company. Well, this will be kept secret and the agreements are happening in the shadow as the laws and regulations are not steep towards the conglomerates as they are supporting the campaigns of politicians and they doesn’t want to lose their Party funds. They might not say it, but why hasn’t anybody had the clue of curving the power of these companies and their near monopoly on food in the nation?

Well, the media doesn’t care and doesn’t question the powers enough. There certainly exemptions that some tries and somebody does ask questions. But they are wild roses and not common flowers in the gardens as they should be.

Where is these reports and these seldom good ones get lost in the trail of the tabloid and hearsay stories as the click-bait are more commonly shared. The dumbing down and the simplistic words portrayed for the masses. We have to get the media to be more responsible to the viewership, to ask the questions as the dumbing down are happening. As he the journalistic integrity is dying and the media-houses are making easier pieces. Lastly we have to pay for men and woman to dig deep it takes time and doesn’t come for free. The hardcover reports doesn’t come over night, it takes work and persistence. The persistence to find and correct the powers and follow the money takes time. It is a reason if you follow the trail of money, you will find the heart of them. That is because we spend money where our heart is or where our heart desire. The ones that claim otherwise think about how you spend your own monies and cater to your needs. There you have it right?

Evan Mawarire 13.07.2016

Just think about it and the words I am writing. It is just a wild approach into darkness. Because their beacons of hope, but very few. I am just a man who writes what I like and discuss what I see fit and digs into the stories I see needed be or find questionable. If not like with Dr. Kizza Besigye and his campaign where I am a hopeful man who wishes for regime change, and for governments that are accountable and transparent. Therefore I support the man and his cause. The same I does with Pastor Evan Mawarire and others who deserves be credited for their cause of freedom, liberation and justice for their citizens. The Citizens that needs and deserves government that represents their will and their institutions to deliver needed services to the people.

We need them to ask questions; we need them to dig deep and not just what the government want to publicise to make them look good. We need the dirty laundry out… and without a doubt without fear and without being censored for the will of profit, but for the will of common good. I know it is a lot to ask in corporate multi-national media-houses and the governments who do what they can to be embedded with them. This says what state we’re in and what we can do about it. Therefore I poke, to question. Not because I have answers, because I don’t; but because I have the will to question and seek for answers. Peace.  

A look into Hillary Clinton’s Tax Returns and the revelation of a questionable LLC

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Trump is usually the main man in the media; he will be a side-note as he doesn’t have the heart and drop his IRS Tax Returns. So this will be about the Tax Returns from Democratic Party Presidential Candidate Hillary Clinton. She has a long past, but look into will only be as far back as 2012. Because of the Americans should they care about their candidates and double down on them; the flawed approach of both candidates if for different reasons, but Clinton got though line to walk and prove her place as POTUS. She seems more like running because she wanted this for so long, but lost out a few times before. This is her problem: Instead of sending a message to the communities and constituencies, she seems to be running because she can. Well, this article will not be about the message. Instead about the way to find the important of life: Money, Cash Money. Here we go!

The reality on the ground is that Hillary Clinton the former first lady of Bill Clinton. The 90s President who popular and vivid in office and offensive when earning ballots like “Super-predators” campaigning; well, that hasn’t backfired on Clinton. That must be because of their PR team has been amazing since leaving office. He was doing warfare with a steady force and not like the Presidents after him has not been criticized for blasting Somalia, Sudan, Jugoslavia or anywhere else Bill Clinton used US Army forces under his Presidential Terms.

Well, that isn’t what I will discuss, as the importance of money. This is quick fix to show some ways of actions done by the Presidential Candidate. That proves that the Presidential Candidate of the Democratic Party Hillary Clinton is truly acting as an Limited Liability Company. An LLC is a: “A limited liability company (LLC) is a corporate structure whereby the members of the company cannot be held personally liable for the company’s debts or liabilities. Limited liability companies are essentially hybrid entities that combine the characteristics of a corporation and a partnership or sole proprietorship. While the limited liability feature is similar to that of a corporation, the availability of flow-through taxation to the members of an LLC is a feature of partnerships” (Investopedia). So when a politician needs a corporation of the LLC to entitle their profits prove their viable ways of sophisticated business operation; sort of Panama-Papers on steroids to secure that the profits doesn’t end up in State-Coffers instead in their pockets without paying their tax.

The Clinton’s fueling speaking engagements through a LLC called ZFS Holding. That is just too juicy. Here is my quick look into the Clinton earnings of the last four years. Wonder how the last four years of Trump would be and how the Narnia Corp. also named Trump Organization is run as a viable business. Well, Trump doesn’t have the heart, be a man and drop his dossier because he cannot be scrutinized for his wealth or value; also his economical ties like the Clinton’s get. And the Clinton ties to Delaware LLC are not a grand position, even if it is profitable and legal. Still, not righteous as legislator and possible Executive of the State to run businesses who try to avoid tax. Take a look!

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About the ZFS Holding LLC:

““Records indicate ZFS Holdings was incorporated in early 2013, within weeks of Hillary Clinton’s departure from the State Department. She was prohibited from making paid speeches as secretary of state” (Westwood, 2015). So the well orchestrated company framework shows the value of the speeches and earnings to the political couple as the Political Elite they are. The certainty of engagements and knowledge of the system gave them the ability to do so. What show’s more their plan is where ZFS Holding LLC headquarters “main offices” are as the Guardian reporter portrays: “The receptionist at 1209 North Orange Street isn’t surprised that a journalist has turned up unannounced on a sunny weekday afternoon” (…) “You know I can’t speak to you,” she says. A yellow post-it note on her computer screen reads “MEDIA: Chuck Miller” with the phone number of the company’s director of corporate communications” (…) “This squat, yellow brick office building just north of Wilmington’s rundown downtown is the registered address of more than 285,000 companies. That’s more than any other known address in the world, and 15 times more than the 18,000 registered in Ugland House, a five-storey building in the Cayman Islands that Barack Obama called “either the biggest building in the world, or the biggest tax scam on record” (Neate, 2016).

We can see the seasoned politician as Hillary Clinton of the Democratic Party affiliated with the what the President Barrack Obama called “biggest tax scam on record”. Why is this a worry, as the reason for the house and the registration of Bill and Hillary Clinton own Company in the building is proof of how they wanted to make sure that they could be doing Tax Avoidance from getting issues with the Internal Revenue Service (IRS). All the speaking engagements and consultations of the couple has gone through the company as per filing of the IRS Tax Returns shows. That proves at what extent they fuel their income and how they uses the ZFS Holding LLC.

Basic numbers from the last four years before the Presidential Election (2012-2015):

In 2012 total income we’re $19.993.299. The Taxation we’re $5.910.304; Taxable income from the Outside of US $5.558.500. Earned on speaking engagements $16.638.152. After tax estimated $13.543.533.

In 2013 total income we’re $23.498.870. The Taxation we’re $9.597.074. Parts of the Income came from Speaking through the ZFS Holding LLC got her $9.680.000 after the taxes she earned $8.683.723. As an author this year she profited $2.752.601.

In 2014 total income we’re $28.336.212. The taxation we’re $9.981.350. The speaking engagements earned Clinton $9.730.000 and after tax she got $8.440.895. Other on the Speaking this year where under her Company ZFS Holding LLC got her $10.492.000. After tax she got $ 8.761.374.

In 2015 total income we’re $10.745.378. The taxation we’re $3.624.455. Parts of the Income came from Speaking through the ZFS Holding LLC got her $1.475.000 after the taxes she earned $1.123.243. Had also earnings on Vanguard 500 Index funds that we’re totaling $84,358; speaking engagements earned her $5.250.000.

If this wasn’t interesting I don’t know. If you wonder why I haven’t discussed the donations to charities as Politicians are specialized in doing to warm the heart and prove their care for society and vulnerable; the Clinton’s have given basically all money through their Clinton Foundation that is hectic in itself and should be look into as the histories of the CF in African Nation and connected to GMO companies are suspect in itself. Therefore I have not really looked into the funds and fueled money there. That is a big other story who deserves more than two quick cents, but a study and check the available sources and leaked documentation from the CF.

So there you have it. This is very brief as there are only the cases of the money and earnings that are big for a life-long politician and the wife of former US President. The former US President are usually able to fund their lavish lifestyle after Presidency through consultation and speeches. So the Clinton’s are not new, but more sophisticated in this regard. The amount of money says what they have earned and shows they are wealthy and part of the Elite in the United States now. Peace.

Reference:

Neate, Rupert – ‘Trump and Clinton share Delaware tax ‘loophole’ address with 285,000 firms’ (25.04.2016) link: https://www.theguardian.com/business/2016/apr/25/delaware-tax-loophole-1209-north-orange-trump-clinton

Westwood, Sarah – ‘Hillary calls for financial accountability come with her own complicated money trail’ (15.08.2015) link: http://www.washingtonexaminer.com/hillary-calls-for-financial-accountability-come-with-her-own-complicated-money-trail/article/2569575

Read more: Limited Liability Company (LLC) Definition | Investopedia http://www.investopedia.com/terms/l/llc.asp#ixzz4Hd5UJ6aQ

Opinion: Why is there so little sanction on Corrupt behaviour and why don’t the donors stop the funds?

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We should question the ability of certain leaders to be able to squander away government funds, donor-funding while keeping their citizens in poverty and neglect the civil service, the state functions and keeping the state fragile; so that the Executive can brown envelope the Members of Parliament and that other civil servants to get paid, instead of government salaries depend on being paid under table for government delivery.

This is not one nation problem, this is not a one continent problem, and this is a worldwide problem. Not only government acts like this organizations, multi-lateral organizations and businesses. Corporations and other LLCs are also misusing their fortunes and ability to generate wealth for their stakeholders through intricate and complex banking structure that fixes the profits away from the countries we’re they earn high profits; while squandering away the profits so that the owners and stakeholders gain massive funds and leave the consumers, workers and the nations as they keep the funds away from the State of real business.

Tax Avoidance

Why can I address the neglect of government in the same regard as tax-avoidance in modern business, because the same ethics and norms are made and regulated by the Parliaments, Executive Power and by the interests of politicians; that needs funds and create business in their constituency as they earn currency on opening business there. So with that in mind, the way the business is set-up and regulated are by admission from the political framework and laws, not to talk about tax-regulations together with multi-lateral agreements that either opens or closes doors for tax-fugitives from the profitable country.

The Government are the Sovereign Power, the ones that represent and distribute the resources and funds to their citizens through departments, ministries, institutions and programs that are sufficient to make sure of education, security and development of the country. That happens as they can either use their taxes, aid and loans to fund the government work. Well, they could if they wanted to represent the people who paid the tax and elected them.

One key reason for the maladministration and mismanagement from the government are that they are responsible for sham elections and rigging themselves in power; worst case scenario the government and executive took the power with the gun; so the responsibility is more on the ammunition instead of the transparency and accountability towards the citizens. The citizens are supposed to have safe-guards from corrupt behaviour and alleged graft; as the Auditor General and Ombudsman are supposed see through the files and budgets, together with registered procurements, so that the actual facts are the same as the planned efforts from the State.

That is why the breaking figures and knowledge of squandered monies from the funds. Something that shouldn’t be that easy to do or get away with; as so many leaders and executives have saved giant bank-accounts in Swiss Banks and in Tax-Havens. So the humble men from villages all of sudden own 30 luxury cars, 4 mansions and have a wife who spends a ministries months salaries on exclusive clothing and shoes in Paris and London. While the taxpayer are struggling to eat and feed their families, which is an issue that shouldn’t be there when the Executive and wife can have a cortege of 25 cars driving from their State House to their Ranch without any consideration.

Obama Stockholm

The worrying sign is that the International Monetary Fund, World Bank and other Multi-lateral organizations don’t sufficiently sanction this kind of activities or even punish the countries with this behaviour; except when the nations are on their back hunting wild goose. The United Nations and European Union, other Pacts doesn’t even sanction much either. The diplomatic tensions and the wish for resources sometimes stop the knowledge of the thievery, if not to save face of both parties as they doesn’t want the public of the nation importing to know about the maladministration.

What I am wondering with all the corruption scandals, with the rich executives and the haemorrhaging of monies from the state and businesses; It happens daily while the begging for funds from international community and also getting investors from the exterior to invest in business. These businessmen are set in function with civil servant and government officials that are corrupting the state; something that the world knows… and still keeps it going around.

Certainly the knowledge of this isn’t something in the shadow, some places all of this is in the spotlight and expected by the officials, as a second way of getting add-ons on their meagre salaries as the government doesn’t pay enough or on time for the Police Officers and Teachers to secure pay to pay for food and even rent. Therefore the system generate where the Government can’t even supplement funds for their own, while their leaders eat the most delicious stakes. This should be a warning, but the world moves on.

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What worries me… is how this keep on happening with different names, different places and with different funds, while the sanctions and the stopping of funding from the communities doesn’t stop; while the massive overload of stolen monies are hidden and the ability to use this banked currency in developing the state and nation, instead lost in trail of lies and deceit where the accountability got dropped in the ocean.

We should question these transactions and not accept these facts of life, this is the ones that steal the development and progress, steal foreign taxpayer’s monies into personal bank-accounts and private business of elites instead of the public functions as they we’re supposed to go.

I am just writing in frustration… and tired of seeing and hearing about the scandal after scandal… While the ones dishing it out are silent, while the punishment is not happening and the characters who are behind the thieving is walking like kings and queens in main-streets of capitals all around the world. That is what is bugging me. It shouldn’t be like this and the behaviour should be tormented, questioned and also charged for their stolen cash. This cash we’re not automatically made for and created for the Executive’s and their Elites; which isn’t justified. So why does it seem that some people are allowed to steal a country, steal a national treasury and the foreign exchange funds are walking scotch-free while hanging around the mayors and government-officials; but when a pocket-thief or a man stealing a goat, gets detained and not hired again.

The rules for this is provable not equal, not for all men are equal under god, except if you like shrimp. Well, that is not the case in this matter, there are too set of standards, the Executives and their Elites; while the citizens and public are a disgrace and can be disregarded easily, but the rich can get-a-way-jail-free-card! Peace.   

Worrying signs of devalued ballot value in the American Democracy as their to many disfranchised voters, PACs holds on campaign funds and the Corporate Media hold on message sent to the Citizens.

American Primary

Just as the Primaries in the United States are winding down and getting closer to the Conventions of the Democratic Party and the Republic Party. The main candidates and Presidential Candidates have soon been selected and gotten picked through the mixed of ballots and the caucuses differing how the Primary Elections in the states was done.

I am not an American and can only see it as an outsider and with the view as an outsider has. To listen to the American TV reporters on FOX, MCNBC and NBC makes a European shake. The TYT is some positive, but still shows the fragmented media landscape that have been created in United States. As the grand corporate media is loyal to a certain party or a certain candidate; much like the state media houses are for their ruling parties in LDC. So the FOX channel follows and hates anything from the Democratic Party even if the person initially acts and votes similar to the Republic Party. That is the irony. The same with certain “liberal” media who follows the Democratic Party by any means and blackballs the Republican by any means.

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As the Progressive and the liberal are supposed to be on the Democratic side, and the conservative side is on the Republic side. The Parties have big sides and the range of political spectrum could initial be based into four parties as the suction between all the areas and range should be concern as the Presidential candidate cannot be like a Tea-Party General and at the same time be affiliated with the establishment when it comes to certain policies. That means of actions from a Tea-Party member should be different then the Conservative party member!

Bernie BS Slogan

The Same is in the Democratic Party the establishment of the this party is more moderate and clear-faced close to the conservative establishment of the Republican. The Moderate in the party believes for instance in the sense like lax-taxation and the government institutions as small-corporate friendly environment for the 1 % instead of 99 %. While the Progressive are more on the line of Bernie Sanders and wants the taxation on the rich corporation and have labor right for the workers. So the Sanders line is far from the moderate part of his party. Still they both belong to the Democratic Party. That is what initially makes the American a rare venue of political discourse.

The Political discourse and the view on political aspects are in view concoction of corporate media, losing old papers who was the ones setting the agenda and is now not as big as before and the new media as TYT, Huffington Post and Buzzfeed changes how the political news get spread and questioned. As the radios and local broadcasters do not have the only venue and the corporate media is not the only place. Even live feeds on Youtube gives the voters more access to other sources then the ones supported by the giant multinationals who wants to decide and continue in the same level as of recent as it is profitable to keep it that way.

Ads PACs

The other thing that is special about the American Politics are the level of money that the candidates needs to raise, the amount of adverts in the media and how much they matter; that together with the presence how the Super-PACs matters in the campaigns for either senators, representatives and also Presidential Candidates. PAC stands for Public Action Committee (PAC) where they pool funds and collectively works to enhance a campaign for a certain candidate or political idea. They are not supposed to be directly connected with a Candidate up-for nomination or for a State Senator who needs ads and commercial space for their “Message”. The PAC can run to donors and financial beneficiaries that will give to the PAC as a calculation on how they can be “puppets” or necessary persons to get the legislation that the corporations who funds the PAC need. So the business has the opportunity to “own” candidates and nominations instead of the ones that are there in public confidence. That is something that make the American system lacking democratic values as the cash cows and the cash hungry campaigning endorse the idea of corporations funded candidates instead of the party funded and the people funded through this PACs. Therefore the American democracy is very corporate.

The American media that are connected to certain Political Parties and even endorse certain candidates are embedded with the ones that give highest ratings and can keep the legislation in positive favor of the stakeholders and owners of the corporate media. Not the ones that are there for the middle-America or the middle-class, working-class or any other class then the owners of the Multinational corporations or Wall-Marts of America instead citizens.

US Dollar Campaign

That is why I am little skeptical to the American Democracy. The value of the vote is less there as the system is built around the corporations and the money train. As of now it is. The ones with wealth, the ability to gain amounts of funds and collect delegates in the inner-party elections get to be the Presidential Candidate for their party. The Positive is the political range in the Democratic and Republican parties as the public can find their different candidate inside their parties.

So as an outsider I am worried and does not like with what I talked about when it comes to democratic values that the money fueled and cash registered American democracy is supposed to be the greatest and the one to aspire to. That in mind as the American Government condemns and explains their values whenever a foreign government holds an election and they are a “stakeholder” in it or support the government there.

bushgore Front Page

Certainly with the values of respecting the ballot and having systems that certainly transparent and securing the vote. As the American Government have had the hanging chad and the electronic malfunction of Florida that helped George W. Bush into power in 2000. That is not the only one issue coming with the ballots loss of value in recent times. Not the delegate system of primaries. I will speak about the election laws.

The Election laws are made to make it harder to register as voter, shorter time and if your felon or former-felon in certain states is impossible to become a voter again. We know that their groups of people who have become disfranchised by the directives and laws. Certainly this deficiency and also fear for ghost-voters make it harder to get voter-ID then getting license at the DMV in some states. If it is easier to get license to ride their Buick in Texas then getting to vote, then there something missing. Certainly something missing in the so-called democratic state in question; I just mentioned Texas the laws might be worse in Utah for all I know.

The main subject is the voters and the ballot should get respect. The Delegate in convention should follow the voters as much as the votes follow the registered ones in the tally; so the ones with the most votes in Indiana should become the Indiana Senator or Representative in Congress and Capitol Hill. That is the same if they are independent, Democratic or Republican.

But why does this matter, it is a principal. That in a democracy the votes should equally matter and the voice of the men and woman who are parts of the civic duty does it in good-faith of dropping their vote and delivering a just change or keeping status quo after their own fate in the government system and picking the right candidate to do so. If the candidate fails in their tenure or term, then the voter can through ballot pick somebody else and change guards of the democracy.

Corporation Election

The issues with election laws that disenfranchise people, when the corporations of the media spreads certain message and ideas swallows the minds and the grand idea of the free speech and level playing-field together with the monies used and needed to campaign. Gives the race and campaigning for the Presidency and the Senators’/Representatives addicted to the donors and funders of their campaigns instead of the confidence of their citizens.

And if that is the way and the corporate policy of the American Dream, if that is the vision that the forefathers of the American Democracy wanted for their American Centaury and the American ideals. That cannot be what the men and woman who fought against the British and wanted to be free nation for the settlers. As they wanted to be free to build their own nation in the vision of their citizens not in the vision of GM, Doritos, AIG, Warner Brothers, AT&T and American Express. I don’t believe that the American Government and the citizens who picks the ones that votes for the ones that represent them; that it was built for the corporate citizens for the corporations and to serve the Limited Liability Company (LLC). I thought the American Government and the ideals of their democratic values was built for the citizens and not to fit the corporate agenda and their needed heads-up to get their bills through congress either by lobby-money or PACs to secure the right Candidates in the Senate. Peace.

Opinion: Who is really the “Empty Suit”? Who might it be the Empty Suit in the Ministry of Health Care or KCCA? As the recent unfolded operations of maladministration in the public view… henceforth somebody who is just nodding to the Executive for the brown envelope.

The Wire Jimmy McNulty

McNULTY: “West Baltimore is dying and you empty suits are running around to pin some politician’s pelt to the wall. Thought you was real police, brother” (The Wire Season 2, Episode 13).

There is in this day and age lots of appointed government officials, they work supposed to be diligent and with honour of the codes of their work, not work directly for the ones that appointed them. That cannot always be easy as the station and the position would not been opened or given to the person if the appointee didn’t give that extended hand or blessing for the job. When you have that situation you need a strong state and strict regulatory regime that counter the possible backhand and kickbacks to the ones that appointed them.

Why do I discuss this at this point? Because it is a vital part of our government regimes and is a question that can be asked in nearly all parts of the globe. As all jobs in the branches of government does not automatically goes to the most educated, relied on or the one person who has the most integrity in the position. Instead the man or woman who gets appointed is an “empty suit”.

Krugman Boardroom

What some of them might do?

“What typically saves the empty suit is the tenuous relation between what he or she does and any actual business results. This may be a function of the job he’s in: a staff post, with lots of power to nix others’ initiatives but no responsibility to make or sell anything. Or a pocket of avoirdupois in a still-too-fat corporate bureaucracy, the kind of position that causes underlings to scratch their heads and wonder, ”Gee, do we really need all these vice presidents?” Or the empty suit may have come up through a system that rotates fast- trackers through a new job every 18 months, even though the effects of his tenure don’t become evident for two to three years. He hardly had time to get any grounding in the work his people do, and he may have royally screwed up the few decisions he was compelled to make, but when the chickens come home to roost, he has flown. If somebody has the bad taste to try to assign responsibility, the suit can easily fuzz the matter over by suggesting that the blame rests with his successor or former subordinates” (Kiechel, 1989).

There certainly similar like the ones described in our time in every department, every corporation and every single institution we know of. This might be the Electoral Commission of Uganda and the Independent Electoral and Boundaries Commission of Kenya. As much as the regulatory chairs of the banking industry of Kenya must feel like empty suits these days as the confidence at that is low-key as well. The Chase Bank, The Imperial Bank and National Bank of Kenya have fallen from grace. The most likely selling of the Barclays Bank African Group might also make the fragile banking sector into more disarray as the leading regulators seems like the extra board-members instead of people who uses their position and chair with care and uses the mandate to make a difference and even square.

Soroti Hospital April 2016

The situations are different when the appointed is not hired for their knowledge of their field, but the loyalty of the regime or government that is running in the country. The likes of Ministry of Health in Uganda for the moment where the hospitals are creaking and the machines are criss-crossing between life and death. Electricity and other cases of depleted. As the missing extra blood for surgery, the copy-medication and the loss of necessary equipment; that shows the lack of management and reasons for empty suits. The highest empty suit for the moment must be State Minister for Health Hon. Dr. Chris Baryomunsi who seems to be more concern with catching checks then doing his job at this point. This point comes with the correlation of Minster of Health Hon. Elioda Tumwesige and the State Minister for Primary Health Hon. Sarah Opendi Ochieng. One of the three must generate a valued pay-check and makes sure that the NMS delivers the Global Funded projects and the other government funded health care, but either Chris, Elioda or Sarah, one of them or more must be a hired “empty suit” as the three of them are put into ministerial position working for initially the same thing.

lukwago-musisi

It is just like the same mess with the KCCA where you have KCCA Executive Director of Jennifer Musisi. You have Frank Tumbewaze who is both Minister of the Presidency and Kampala Affairs. Then you have the third person who got a mandate the Presidential Advisor for Kampala affairs Mr. Singh Katongole what he does is surely only him and the Executive of Uganda who knows, since his appointment in December 2015 his silence must mean a envelope and letting Hon. Tumbewaze and Hon. Musisi does what they like. To make it more hectic you have the actual people’s elected through the ballot who supposed to run the Kampala Capital City Lord Mayor Erias Lukwago. So you have hon. Musisi, Hon. Tumbewazi, Hon. Katongole and Lord Mayor Lukwago. All of them are supposed to central people in the running of administration and regulate the divisions of Kampala politically and create policies that builds and secure the functions of KCCA. That must be hectic one of these men and woman must be a empty suit. Unless Hon. Katongole who I haven’t heard a word from since appointment is an ear-to-the ground and talking or addressing letters directly to the Executive or Head of State as his role has still not been served. As the accountability of the NRM-Regime is not strong they prefer keeping people in the dark.  Hon. Tumbewaze seems more to be the ones who was appointed to turn opposition Lord Mayor on his knees and therefore also gotten a permanent Executive Director in Musisi to shut down the elected person. But the end-game is that one of them must be an “Empty Suit” as the basic needs cannot be that big, and one of them is catching the brown envelopes without doing anything.

There are certainly more empty suits in the system as I started with the appointed men who is not educated for the position, but are there for the loyalty not because of the office is needed or there for a general purpose. That is the same as extra board-members in a corporation who is hired to vote for the general consensus in the board, but not to generate profits in some sense. They are there because the Corporation and LLC need useful idiots to be paid to follow the remarks of the stakeholders and shareholders, not the common-sense of their position.

Appointment of Nat. Gov. Spokesmen Kenya

We can all question the value of these leaders and honourable men-or-woman in a representative or appointed position by the President for instance. The level of credible men and woman and the need for expertise in the government organisations, into the department and the civic care from the road-development to the health care facilities need men and woman who knows the trade. As long the men does what is needed for the President or for the Stakeholders. The ones that lose are the ordinary person, employee or civil servants as they will either work under them or have to pay them tax-money to keep them. As they have to be paid an envelope to be the empty-dress. The person who is an empty dress doesn’t become that for free. Somebody has to be charge to keep him there. Most likely it is me or you. We can just ask ourselves. Who of the appointed leaders in government is an empty suit? Who in the corporate world are the extras?

Byandala

Lastly, why does the Minister Without Portfolio. Hon. Abraham Byandala gets away and is not questioned by the opposition or anybody else. Why is this man the free-man the invisible creature in the parliament that does not have scruples? This since this position is the epitome of a Empty Suit. He is a MINISTER, but does not have an OFFICE, Department or a MINISTRY to run. Hon. Byandala can do as he pleases and still get paid. You cannot check his ministry or running government portfolio as it is non-existence from the get-go. The Government Official without any oversight and anything to initial control or say in other words the official Minister of Nothing (MoN). Hon. Byandala is running the Ministry of Nothing. The Minister of Hot-Air and the checking the chapattis’ in parliament is fresh enough for Hon. Oulanyah’s taste.

Well, what do you think? Are the somebody you feels are an Empty suit? Somebody you question or wonder if really have anything more than pay-check from the Tax-Payers money, but does not use it’s office or even delivers anything. Then that person might be an empty suit who just nods the head to the Executive and the general leadership without exercising power or determine the future of the government institution, department or ministry. Even if the person is really doing anything in the boardroom or a needed voter for the stakeholders; if it is only the needed majority to follow procedure then the scheme need a check or reform.

River Okikolo FDC 13.01.2016

There will certainly be more stories and the existence of similar men and woman who can be described as “Empty Suits” and be stooges needed by any administration and corporations as they viciously need structure to control the citizens and the policies without questions from the inner-circle. Even if that means not procurement of needed medicines, fuel, transformers or building bridges to easier access the missing Okor Bridge in Kumi District: “This project was intended to connect Nyero and Mukongoro sub-counties in Kumi district” (MoFED, March 2015). A bridge that does not exist or is built by now so the sub-counties is not yet connect because of the altered situation and have to run long roads around the area than crossing straight over the river. So a project like this says there some empty suits as in 2009 as company was hired to build the river, by December 2012 the works by the river had stopped. Even if the departments to UNRA gave reports of progress of the project was last monitored in 2014 and by 2016 there not been done more to build the bridge since the monopoly of the Chinese Contractor have stifled the progression and in the end wasted government funds into a building a bridge who does not exist. Just like the Ministry of Nothing Hon. Byandala.

Think that is enough for today! Peace.

Reference:

Kiechel, Walter – ‘HOW TO SPOT AN EMPTY SUIT This breed of modern manager looks good and gets along splendidly with the brass. But is he contributing anything?’ (20.11.1989) link: http://archive.fortune.com/magazines/fortune/fortune_archive/1989/11/20/72761/index.htm

Ministry of Finance, Planning and Economic Development – ‘NATIONAL BUDGET FRAMEWORK PAPER FY 2015/16’ (March 2015).

#PanamaPapers: A little reflection on the reason why these operation exisist and thrieving on the Fortunate

285de-corruption-cartoons-from-india-8

For those who have been surprised by the recent allegation and findings in the #Panama Papers that incites lots of politicians, the general elites and businessmen connected close to the governments. The money always talks, the money always moves and by any means possible.

For the wealthy and close connected they have the ability to forge networks and find businesses that earns coins on helping to move that money. But that is not for the ordinary people, as we pay a fortune to use RIA or Western Union to move between usually loved ones. But the Panama Papers are for whole other ordeal.

BVI Tax Evation

This here is for Tax Aviation’s and getting rid of extra burdens on the solid amount money they have gained. The persons and companies are set-up Shell-Companies to stack up money in British Virgin Island (BVI), Panama or Luxemburg. As this places doesn’t have that many inhabitance or sheep to earn money on, they earn tiny percentage on being “big-banks” for all kind of operations, while securing that the companies and persons involved can keep it discreet and silence. Until cover-ups like the recent ones shows the true color of the amount of money, that are dished away. The money that are stashed-away is millions upon millions of American Dollars; dipped away in a treasury chests that most economies would dream of having in circulation!

That should not be surprising as all of well-known government leaders are setting up and making it possible to have sophisticated economic systems that cross-borders for the benefit of trade; while these are used to ship the money from the places that have initially no taxes and programs that made up to build societies. This is also the places where they can have it without any concern, except some extra sunshine and a family resort at the beach, though I would not consider that in Luxemburg, unless suits and gas-stations are your thing.

bankers-dont-go-to-jail

The business-men and government officials, even relatives usually walks around with that without problems for decades as the banks, and the legal advocates set-up this fixed businesses to secure the fueling of their money. The worst thing is the loopholes and the ways that this decisive methods to undermine the local public to create and secure more funds for already wealthy clients. Where the bank as HSBC and lawyers of Mossack Fonseca divided fees to pocket the money that the client needed to send away from the shores and country-sides; where the money was raised and earned. While getting away from local agony of having fortunes and paying taxes on the high-incomes earned to the local communities.

If you we’re shocked of the values and the persons that was involved in the scandal of late, I wasn’t as the government officials, presidents sons and daughters; kin and other close connections have always gained extra through the cronyism or nepotism have been a thing since the Roman Empire, and does not stop any time soon. That the President Museveni of Uganda owns businesses and would have dashed a fortune for his grandchildren in an tax-haven through multiplied shell-companies. The same would not also be surprising on the Kenyan President Kenyatta who recently brought Sameer Diary and Livestock Limited who sells ‘Fresh Diary’ in Uganda through his company Brookeside. Surely his kins and family have some money abroad to secure in dire times might come. The same is certainly with President Kagame, who even been seen during the scandal that RPF-Elite men have been insiders in the scandal, as President Kagame have control and ease over it; surely he would skim over the top and gain some extra funds as the Executive. Similar is it in Democratic Republic of Congo where President Kabila sister is central profile in the scandal and shows how the monies and funds appear in tax-havens as she owns businesses and also the centralized economy around nepotistic and cronyism. Something that should not  be shocking for anyone.

Hard to Hide

What this scandal shows is the amounts and estimates, this is through to major companies who serves this clients that are close by this totalitarian and big-men leaders who have close connected with central industries as they have to be granted and get contracts with government to drill oil, mining or even gain markets in the countries. With that power comes also embezzlement, kick-backs and percentage of the top that get skimmed through the advanced economic products that the blue-collar lawyers and bankers offers; they do that legally, but in a moral grey area as this thieving of government controlled funds in the name of the beneficiary or the shell-company in discreet secrecy. It’s not only dictators and their wives who are into it, I am sure if it wasn’t for the failed ‘Wonga Coup’ Mark Thatcher would still be up to game as the son-fallen from grace and proud family tradition; as even David Cameroon have been put into the mix. There is no shortfall when it comes to greed, and corporate greed never stops.

As the world leaders tries the best to hide their businesses and ownership through shell-companies and strawmen, or getting a cousin to run the business kind of like what Trump does to his son, just a little more subtle.

Human Being

The governments are taking the sides of happy uncles as they all tries to open trades with tax-havens to keep businesses in their countries. The Companies who in many countries are seen as “Legal Person” can own land, own other businesses and be sued. Certainly with that power as stakeholders and shareholders does not care about other things than the bottom-line, they want to sell or sell enough services so that their earning a profit, by any means. That is why big businesses have been taken for tax-evasion in the UK this was Amazon and other online-retailers as they we’re officially legal unit in a tax-haven and not in the United Kingdom, though the products bought on Amazon was sent from a warehouse in UK, and sent to UK houses. The transaction between costumer who got the book from Amazon payed to a British account, but before the cash kissed the taxation to the Government of UK, it was sent to multiply Amazon shell-companies before ending at a Tax-haven. So that the United Kingdom get only pennies in tax compared to the Pound Sterling the UK state was supposed to earn from the Amazon LLC. That is just an example, but still important as a precise maneuvers the companies and international companies do, so they does not pay full-taxes or truthfully through sophisticated economic programs and revisions get the monies through foreign banks and tax-havens with help of legal teams in companies similar to Mossack Fonseca.

Scrooge McDonald

How to set up shop:

The LLC and Shell Companies will be used in market strategies as ghost straw-men for the owners sending monies through networks of intricate syndicates and money-laundering operations; That make Uncle Scrooge or Scrooge McDuck wishing he was a real person and not a cartoon character made up by Carl Barks in 1952; instead he is owning a Oil Company drilling oil in either Kazakhstan, Nigeria or North Dakota. Where he got the proceedings through UBS AG or HBSC; where the profit gets through manufactured holding companies and sent to BVI or Guernsey; where the McDuck Oil Company has headquarter, by official paperwork. That paperwork is written and made by lawful actions through Mossack Fonseca; while most of the Blue-Collar men are working in the unofficial Headquarters in the heart in the City of London or New York. But their taxing is little or near none there, because of McDonald Oil is fixed in Guernsey; Where they only have a Post-Box at the island; which by my reckoning would forward the mail to London or New York as the employees would actually be there.

This is a way of getting the bottom-line and the more of the ends directly to the stakeholders and owners of these companies tries to advance with this opportunities, that we the ordinary citizen, commoner, person or fellow human being would not be offered, since we don’t have the money to fix this or hire these men to forward our money, as we need the cash we have to get a home rent or buy, get food on the plate, pay electricity, airtime, taxes and then trying to get a chocolate bar once in a while. There is where we are. The once who was surprised about these papers have had too much faith in their rich, the elites and the once who has fortunes. They do not want to share that fortune that they have earned on our governments and our consumption; while trying to avoid giving something back to society, and giving the government more funds to develop the society the rich are doing business in. Peace.

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