Warm Southern Breeze

"… there is no such thing as nothing."

Posts Tagged ‘capital’

Citizens United Ruling Violates Equal Protection Clause

Posted by Warm Southern Breeze on Monday, February 6, 2017

Nick Hanauer, a multi-billionaire about whom few have likely heard, authored a highly publicized article not too long ago warning about wealth inequity. Increasingly, the wealthy are realizing that a strategy of cutting taxes upon the wealthy and their corporations is not a recipe for American success, precisely for the reason that it adversely affects economic infrastructure, and jobs, among other damages.

However, one needn’t be wealthy to realize and understand that money, and the unreasonable desire for it known as avarice (an extreme form of greed), and the unwieldy power that accompanies it, are corrupting influences in any nation, and particularly in our United States because of SCOTUS ruling in the 2010 Citizens United v Federal Election Commission decision which Read the rest of this entry »

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Posted in - Business... None of yours, - Did they REALLY say that?, - Faith, Religion, Goodness - What is the Soul of a man?, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a Comment »

Bain Capital among firms subpoenaed by NY AG – suspected of tax evasion

Posted by Warm Southern Breeze on Sunday, September 2, 2012

The noose tightens.

UPDATE 2-New York probes private equity tax strategy – source

Sun Sep 2, 2012 8:00am IST

* NY AG subpoenas at least 12 private equity firms
* AG probing conversion of fees into fund investments
* Bain, Romney’s former firm, among those subpoenaed
* KKR, Apollo, Silver Lake, TPG also get subpoenas

By Karen Freifeld and Greg Roumeliotis

Sept 1 (Reuters) – At least a dozen U.S. private equity firms have been subpoenaed by the New York state attorney general as part of a probe into whether a widely used tax strategy that saved these firms hundreds of millions of dollars is proper, a source familiar with the situation said on Saturday.

Among the firms that were subpoenaed are Bain Capital LLC, KKR & Co LP, TPG Capital LP, Apollo Global Management LLC and Silver Lake Partners LP, the source said.

Bain was once headed by Mitt Romney, the Republican candidate who hopes to unseat President Barack Obama in the Nov. 6 election.

The subpoenas, which were sent out in July, seek documents related to Read the rest of this entry »

Posted in - Read 'em and weep: The Daily News | Tagged: , , , , , , , , , , , , , , , , , | Leave a Comment »

My conversation with Governor Riley’s assistant

Posted by Warm Southern Breeze on Monday, December 14, 2009

When I called the guvnuh’s orifice a few weeks ago about the debacle of his $13,000,000 no-bid contract with Paragon whatever (which has no physical business address, no EIN, no website, no business license, no fax number, no general number or any other form of legitimate business presence), it was all I could to keep my Christian bearing, for the human female that barked at my questions…

Yup, barked… as in “woof, woof!”

Okay.

‘Nuff said.

You know, she became particularly irate when – in response to her statement, to which I patiently and attentively listened – I asked, “If this computer expert has some unique and special knowledge and ability as you suggest she does, that rather makes her like God, then, doesn’t it? No one else has either the ability or capacity to do what she has done.

Yup.

She got mad at that question.

I don’t know why.

It’s rather simple.

And I’m not a media man.

And I told her so.

I just pay the guvnuh’s salary… and Troy’s salary too.

I guess that makes me their boss.

Yup.

I guess it does.

Posted in - Did they REALLY say that?, - Uncategorized II | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment »

 
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