Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Land Shark who wrote (1101131)	11/22/2018 2:05:10 PM
From: longnshort	1 Recommendation Recommended By FJB Read Replies (1) \| Respond to of 1580264

Clinton Foundation Donations Dry Up by 90% As Everyone Investigates By S.Noble - November 22, 2018 4 FacebookTwitterGoogle+PinterestEmailReddit Share The Clinton Foundation, a so-called global charity, is currently under investigation by the DOJ, FBI and IRS. One of the concerns is that it is a pay-to-play operation. Hillary Clinton might have handed out favors while she was secretary of state and money might have been given with that expectation. THE SHADY DEALS IBTimes reported that the Clinton State Department authorized $151 billion in Pentagon deals to 16 countries and all donated to the Clinton Foundation. It represented a 145% increase in completed sales to those nations compared to the Bush administration during the same time frame. But, of course, Bush didn’t have millions of dollars in incentives. Personal payments were also made to Bill Clinton for speaking engagements. The firms and their subsidiaries were “listed as contractors in $163 billion worth of pentagon-negotiated deals” authorized by the Clinton State Department between 2009 and 2012, the IBTimes reported. There was also a $1 million [unreported] check Qatar reportedly gave Bill Clinton for his birthday in 2012, which the charity confirmed it accepted. Qatar was one of the countries which was allowed to buy U.S. weapons under the Clinton State Department even as the department warned they were not acceptable partners for weapons sales. Qatar is a terror nation supplying weapons to Hezbollah and Hamas. The Clinton Foundation also accepted a $145 million donation from parties linked to the Uranium One deal prior to its approval through a rubber-stamp committee. thebradfordfile™@thebradfordfile This is jaw-dropping. The Clinton Foundation's 2017 annual report is finally online--WOW. Lots to unpack but digest this nugget: 2015 Total Contributions: $182.5M 2016 Total Contributions: $135.4M 2017 Total Contributions: $22.8M WHEN THEY CAN'T PLAY--NOBODY WANTS TO PAY! 17.1K 11:18 AM - Nov 21, 2018 Twitter Ads info and privacy 9,813 people are talking about this Twitter Ads info and privacy THE PROBES The Dallas Observor reports the Clinton Foundation has been under investigation by the IRS since July, 2016. FBI agents in Arkansas are also looking into pay-for-play and tax code violations. The Foundation started in Arkansas. The House Republicans will hear testimony on December 5th from Mr. John Huber, the prosecutor appointed by Attorney General Jeff Sessions to investigate allegations of wrongdoing by the Clinton Foundation. The committee is also working with a couple of whistleblowers. Actor James Woods has choice words for this probe — “What a crock”! James Woods ?@RealJamesWoods The Republicans are so brave! Now that the Democrats will control the House, the Republicans finally have decided to go after the Clinton Foundation with gusto. What a crock... t.co 20.5K 2:08 PM - Nov 21, 2018 Twitter Ads info and privacy House GOP plans to hold hearing on DOJ's Clinton Foundation probeHouse Republicans plan to hold a hearing into the Department of Justice’s probe into the Clinton Foundation in December -- a month before Democrats will take control of the chamber. foxnews.com

To: Land Shark who wrote (1101131)	11/22/2018 2:57:23 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 1580264

Typical corporate lefty = hypocrite ==== Trudeau Quietly Approves $10.5 Billion Corporate Tax Cut To Compete With Trump by Tyler Durden Thu, 11/22/2018 - 12:30 0 SHARES Maybe President Trump had a point when he blasted his Canadian counterpart, Justin Trudeau, for being "very dishonest and weak." Canadian Prime Minister Justin Trudeau, who earlier this year survived an embarrassing #MeToo scandal when a woman accused him of groping her at a party, is once again following President Trump's lead by imposing business-friendly tax cuts meant to spur economic growth and investment instead of using it to cut Canada's budget deficit. The tax cuts, according to Trudeau's government, are intended to help drive business and economic growth over the long term ( sound familiar?). Trudeau’s finance minister, Bill Morneau, introduced the corporate tax breaks - which will be worth some C$14 billion ($10.5 billion) over the next six years - in a fiscal update released Wednesday in Ottawa. According to Bloomberg, the cuts represent the Trudeau government’s biggest gift to Canadian businesses since taking power. [url=][/url] Here's how they will work: By allowing businesses to write off capital investments more quickly (particularly in manufacturing), businesses will be further incentivized to invest in expansion, which in turn should help improve competitiveness, as worries about Canadian businesses' ability to compete with the US (thanks largely to Trump's pro-growth policies) have intensified. "This incentive will encourage more businesses to invest in assets that will help drive business growth over the long term," Morneau said, according to prepared remarks. "Because our economy is doing well, we also have the fiscal room to follow through on the commitments we made." Notably, the government chose to impose across-the-board cuts instead of targeting Alberta's struggling energy sector... [url=][/url] ...Which is reeling as the price of Canadian oil has tumbled back below $20 a barrel amid a worsening supply glut. The tax cuts are being implemented as government revenues are rising. But the country's budget deficit is rising as well - something that could become an issue for Trudeau during budget season next spring. He will also be running for reelection in 2019, and unless Canada's legal pot sales can plug the entire hole, his ability to chart a path back toward fiscal restraint could become an issue. The cuts will total C$83.5 billion over five years, up from C$78.3 billion forecast previously. While the cuts effectively hand more money back to Canadian companies, Trudeau's Liberal Party has resisted cutting the corporate income tax rate (preferring to sneak its corporate handouts in obscure "budget updates" that will likely go unnoticed by the Canadian public at large). But given that the expected 2018 budget deficit is expected to be lower than the C$18.1 billion projected, Trudeau and company figured they could get away with providing some additional fiscal stimulus. However, these cuts could come back to haunt them down the road, as Canada's government is expected to run bigger shortfalls over the four following years. Its total debt burden is projected to rise to C$765 billion by 2023-24, from C$688 billion in 2018-19 while the ratio of debt to GDP is expected to fall to 28.5% in 2023-24 from 30.9% in 2018-19. But hopefully, Trudeau will have succeeding in making Canada great again long before then, and he can ride a growth boom in Canada's energy patch to another term in office.