kpete
kpete's JournalB I N G O
@dcjohnson
Yes Trump is accelerating the breakdown of Rule of Law.
But the breakdown of Rule of Law is what led to Trump, not the other way around.
If the 1% couldn't steal, commit fraud, launder money, etc with impunity Trump would have been in jail instead of running for Pres.
https://twitter.com/dcjohnson/status/995364460750487552
Gina Haspel SHOULD Scare ALL Of Us.
?w=300&h=218George Washington on America vs Fox News on America
https://twitter.com/mattyglesias/status/995642972573175809
Four points:
1) Immigrants are more skilled than natives
2) Unskilled immigrants raise natives wages (while lowering other immigrants pay)
3) Unskilled immigrants increase skilled labor supply
4) Immigrants commit less crime than natives
https://twitter.com/mattyglesias/status/995645983479533568
Mike (Nixon) Pence calls on the special counsel to 'wrap it up'
Mike Pence calls on the special counsel to 'wrap it up', first.
Nixon calls on the special prosecutor to 'conclude his investigations', second.
PENCE:
NIXON:
https://twitter.com/justinhendrix/status/995621748140924929
Highly Suspicious: Ukraine Computer Involved In Tennessee Elections Attack
Investigators found evidence of a malicious intrusion into a Tennessee countys elections website from a computer in Ukraine during a concerted cyberattack, which likely caused the site to crash just as it was reporting vote totals in this months primary.
Cyber-security experts hired by Knox County to analyze the so-called denial of service cyberattack, said Friday that a suspiciously large number of foreign countries accessed the site as votes were being reported on May 1.
That intense activity was among the likely causes of the crash, according to the report by Sword & Shield Enterprise Security.
Given the circumstantial evidence_especially the simultaneous proven malicious intrusion from a Ukraine IP address_I think it is reasonable to at least hypothesize that it was an intended event, David Ball, the countys deputy director of information technology, added in an email to The Associated Press.
https://talkingpointsmemo.com/news/ukraine-computer-involved-tennessee-elections-attack
WIRED: How TrumpCo Launders Their $$$
you purchase a rug thats worth $5,000 for, say, $20,000 & the store owner returns the difference to you in cashWHILE ITS EASIER to grasp how to hide cash at the street levellike in Breaking Bad, when Walter White purchases a cash-intensive car wash and simply cooks the book to show hes washing more cars than he ismoney laundering at the global level follows the same three-step process:
Step 1: Placement
The first challenge is simply getting the money somewhere into the global financial system, which is often easier said than done. Banks are required to file reports anytime someone deposits more than $10,000 in cash, so sneaking large amounts of cash into the financial system can pose a huge challenge. Breaking large transactions into smaller ones, say multiple deposits of $9,999, to evade the transaction reports is known as structuring or smurfing, and is illegal itself. Former Speaker of the House Dennis Hastert spent time in prison for structuring, as part of his effort to pay hush money to one of the men he sexually abused as a high school coach, rather than for the underlying abuse. Placement is where criminals are most vulnerable, because the money is closest to the original crime, Cassara says. Its much easier to catch them at the crime than to say theres a suspicious shopping center or golf course and work backwards.
Tracing laundered money back to illicit proceeds is key to any investigation.
Step 2: Layering
The second challenge is hiding the origin of the illicit money. Thats where the layers of LLCs can be helpful. Every time money movesfrom one entitys account to another, from one bank to another, from one country to anotherit helps hide the original source. Its confusing and makes it difficult for investigators, tax officials, or a former wife to follow that money trail. Its using this labyrinth of LLCs and tax havens, in the US and overseas, to make it difficult and time-consuming to trace, Cassara says. It gets hard because of issues of [investigative] competence, venue, jurisdiction.
Often, this layering step takes place with the help of lawyers and law firms; the revelations of the Panama Papers and the follow-on Paradise Papers laid out just how large a global business it is to help elites hide their assets. Many of these folks have go-to structures and lawyers they use to go through the layering process, Sharma says. A lot of laundering happens through nonfinancial businesses and professions. The Russians use a ton of folks in Turkey, UAE, and Cyprus. That fact pattern is well-known and long-standing.
While the Panama and Paradise Papers revelations focused primarily on overseas entities and tax havens, the United States is actually one of the worst global offenders: The so-called Delaware company structure is notorious for its lax documentation and opacity, as NPRs Planet Money found out when they set up shell companies in Belize and Delaware in 2012.
Step 3: Integration
Once the money is in the global financial system and its origins properly obfuscated, the final challenge is making the money accessiblethat is, integrating it into the legitimate economy. At the high end of money laundering, this often means purchasing real estate.
Real estate is a big issue for money laundering and has been for a long time, Cassara says. If youve got a condo or a shopping center or a golf course, the money has already been placed, its already been layered, its the final stageintegrated. The authorities arent going to look at that. Once you see property, in whatever form it is, its assumed thats good, thats a legitimate investment.
.........
WAY MORE:
https://www.wired.com/story/if-trump-is-laundering-russian-money-heres-how-it-works/amp
Osama bin laden could not be reached for comment
President Trump is striking fear into the enemy. We didnt have that element of surprise with the last president.
Video:
https://twitter.com/foxandfriends/status/995317424265232385
He's WAY TOO BUSY to be interviewed by Mueller.
Trump has arrived at Trump National Golf Club in Sterling, VA, according to the pool report.
This is Trump's 154th day at a Trump property as president and his 112th day at a Trump golf club as president.
https://twitter.com/DavidCornDC/status/995313720237621248
Trump: "make sure to get my good side"
?1526127341When you need a fix from the President's fixer...
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Member since: Fri Sep 17, 2004, 03:59 PMNumber of posts: 71,984