Archive for February 26, 2009

Rahm Emanuel Doesn’t Pay Taxes, Why Should You?

Posted in Alex Jones, New World Order, News, Stupid Government Tricks, Truth/Freedom, Unconstitutional with tags , , , , on February 26, 2009 by truthwillrise

Kurt Nimmo
Infowars
February 25, 2009

Of course, if you don’t pay taxes to the government, chances are you will be arrested and thrown in the clinker. Not so in the case of Rahm Emanuel, Obama’s Chief of Staff.

featured-stories - Rahm Emanuel Doesnt Pay Taxes, So Why Should You?  
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  Emanuel and other bureaucrats apparently don’t have the time or desire to fill out and file the sort of paperwork you and I take for granted.
   

 

 

 

 

 

 

 

 

 

 

 

 

Emanuel’s brazen tax evasion is nothing new, although the corporate media does not bother to cover it. However, as we close in on tax day, the story is worth revisiting.

Millionaire Rahm created a handy-dandy charity in order to avoid paying property taxes on his Chicago residence. “According to the Cook County Assessor’s website, the Chicago home of four-term Democrat Congressman and likely new White House Chief of Staff, Rahm Emanuel, doesn’t exist. While the address of 4228 North Hermitage is listed as Emanuel’s residence on the Illinois State Board of Elections’ website, there seems to be no public record of Emanuel ever paying property taxes on this home,” Right Soup reported last November, shortly after the election.

It isn’t a real charity, though — or at least not a serious one. “The Rahm Emanuel and Amy Rule Charitable Trust was formed in 2002, when the Chicago lawmaker was first elected. The former Clinton White House aide and his wife, Amy Rule, are its only donors.”

Democrats are fond of this scam, as USA Today noted on January 7, 2007. “Rep. Rahm Emanuel made millions as an investment banker. Sen. Evan Bayh had leftover cash after two successful campaigns for Indiana governor. House Speaker Nancy Pelosi’s husband, Paul, became wealthy investing in real estate and technology firms… Emanuel, Bayh and Nancy Pelosi are officers of the foundations that carry their names but failed to disclose the fact on their annual financial disclosure reports filed with Congress.”

Don’t try this at home unless you want heavily armed sheriffs to show up.

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“The Cook County Assessor’s and Cook County Treasurer’s online records indicate Emanuel’s Chicago neighbors pay between $3,500 and $7,000 annually,” explains the No Compromise When it Comes to Being Right! blog. “However, Illinois Review has been unable to locate any evidence that the former Clinton advisor and investment banker is paying his fair share of Cook County’s notoriously high tax burden.”

In addition to not paying property taxes in Illinois, Emanuel has a nifty deal in the district of criminals. “White House chief of staff Rahm Emanuel’s Washington lodging arrangements, a rent-free basement room in a Capitol Hill home owned by Rep. Rosa DeLauro (D-Conn) and her pollster husband, have inspired debate among tax experts and in Republican-leaning parts of the blogosphere,” the Chicago Tribune reported recently. “One issue is whether Emanuel, who served in the House with DeLauro until early January, should have listed the room either as a gift or as income on his congressional financial disclosure forms. Emanuel’s disclosure filings contain no mention of his use of the room.”

Emanuel and other bureaucrats apparently don’t have the time or desire to fill out and file the sort of paperwork you and I take for granted — that is not unless you relish the idea of the IRS on your back.

Earlier this month, the media covered the “tax problems” of yet another Obama appointee, Labor Secretary-designate Hilda L. Solis. Solis followed Treasury Secretary Thomas F. Geithner, Services Secretary-designate Thomas A. Daschle and Nancy Killefer, Obama’s choice to be the first “performance chief officer,” all with similar “tax problems.”

Solis’ tax evasion, however, is no big deal for the Democrats — on Tuesday, the Democrat-dominated Senate voted to confirm Rep. Hilda Solis as labor secretary, despite her husband paying overdue state taxes only after she was nominated by Obama more than two months ago. “The Senate voted 80 to 17 to confirm Solis, drawing praise from her allies in organized labor and the Latino community. Her nomination was held up when it was learned that her husband, Sam Sayyad, had recently paid about $6,400 in back state taxes he owed from his auto repair business in California,” the New York Daily News reports.

Rahm Emanuel and Obama’s appointees are excused from paying taxes. Meanwhile, speaking from the rostrum in the rogue’s gallery that is the House chamber, Obama said last night that more money will be needed to fritter away on the so-called banker bailout, actually a banker giveaway. Obama said trillions more will have to be “set aside” for the bankers. In other words, your children and grandchildren will pay confiscatory taxes well into the future.

Don’t expect Rahm Emanuel, Nancy Pelosi, Tim Geithner, Evan Bayh, and other minions of the elite to pay their “fair share.”

After all, taxes are for the little people.

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Ron Paul: Greenspan, Bernanke Should Be Criminally Charged

Posted in Alex Jones, Economy, News, Police State/Martial Law, Ron Paul, Stupid Government Tricks, The Constitution, Truth/Freedom, Unconstitutional with tags , , , , , , , on February 26, 2009 by truthwillrise

Ron Paul Grills Bernanke: “You Can’t Reinflate The Bubble”

Posted in Alex Jones, News, Ron Paul, Truth/Freedom with tags , , , , on February 26, 2009 by truthwillrise

Congressman: Only way to solve financial crisis is to work, produce and save – not to create credit out of thin air

Ron Paul Grills Bernanke: You Cant Reinflate The Bubble 250209top

Paul Joseph Watson
Prison Planet.com
Wednesday, February 25, 2009

Congressman Ron Paul again took the opportunity to lecture Federal Reserve chairman Ben Bernanke on sound money principles at this morning’s House Financial Services Committee hearing, warning that the financial crisis cannot be solved by merely creating credit out of thin air.

Paul said that yesterday’s record consumer confidence slump was a reflection of monetary policy in Washington and that it was impossible to patch up a failed system.

“This is the end of an era,” said the Congressman, “we can’t reinflate the bubble….if we think that we can reinflate this bubble by artificially creating credit out of thin air and calling it capital, believe me we don’t have a prayer of solving these problems – we have a total misunderstanding of what credit is versus capital.”

(ARTICLE CONTINUES BELOW)

Ron Paul Grills Bernanke: You Cant Reinflate The Bubble obamadecept_340x169

Paul stressed that capital could not be created out of thin air by the Federal Reserve. “We have to work hard, produce, live within our means and what is left over is called capital,” said Paul, dismissing the notion of recapitalizing markets by turning on the printing presses as a “total fallacy”.

The Texas Congressman said that central bankers were only failing forward in creating another new system doomed to crash by creating internationalized regulations and giving up on the dollar standard.

“We have to have a system that encourages people to work and to save – what are we doing now – we’re telling consumers to spend and continue the process – it won’t work,” concluded Paul.

Watch the clip.

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