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 veryhotthread  Author  Topic: Stuff & Nonsense  (Read 45224 times)
Sys_Config
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xx Re: Stuff & Nonsense
« Reply #13905 on: Dec 3rd, 2015, 06:50am »

All Things Fake

I came across on the UK Independent an article on pseudoscience and a very kewl link to a random BS generator akin to the Dada generators of yesteryear. This was very well polished and generated a lot of New age and Chopkra wisdom writings..only it was BS
http://sebpearce.com/bullshit
no sooner than that happened these things go hand in hand..or shovel to shovel...
an article (s) exposing the BS of the recent Mark SugarMountain giveaway of facebooks 99 percent shares (his) was indeed very charitable..to Himself



Mark Zuckerberg to Place Facebook “Philanthropic” Shares in a For-Profit LLC – This is Why

http://libertyblitzkrieg.com/2015/12/02/mark-zuckerberg-to-place-facebook-philanthropic-shares-in-a-for-profit-llc-this-is-why/
Yesterday, all the media hoopla over Mark Zuckerberg’s announcement to “give away” 99% of his Facebook shares to philanthropic causes, came and went in the expected torrent of internet commentary. However, what you might have missed are the specifics around how he decided to safeguard those shares, and how unusual the for-profit LLC structure is for a charity.

Bloomberg reports:


The decision by Mark Zuckerberg and his wife, Priscilla Chan, to gradually give away 99 percent of their Facebook fortune is big news not just for the huge sum involved—about $46 billion—but for how the couple chose to achieve their philanthropic goal. Rather than set up a private foundation or charitable trust as Bill and Melinda Gates did, the Chan Zuckerberg Initiative will be structured as a limited liability corporation.

It’s a highly unusual step for a massive philanthropy. “I’ve never seen someone set up an LLC exclusively for a philanthropic purpose before,” says Jane Wales, vice president of philanthropy and society at the Aspen Institute. “Normally they set up a foundation for the tax advantages of doing so.” Here are some significant ways that LLC status will shape what Zuckerberg and Chan do with their wealth.

1. There won’t be limits on lobbying



It seems clear the Chan Zuckerberg Initiative will put money to work in politics. Facebook, in its official description of its founder’s new LLC, noted that “making private investments and participating in policy debates” will be part of the mission. In a public letter Zuckerberg wrote to his newborn daughter, Max, he likewise emphasized an appetite for pushing a policy agenda: “We must participate in policy and advocacy to shape debates.” If the charitable venture had been set up as a traditional tax-exempt foundation—what is called a 501(c)(3)— it wouldn’t have freedom to lobby lawmakers or engage in other political activities. The Internal Revenue Service prohibits tax-exempt groups from “directly or indirectly participating in, or intervening in, any political campaign on behalf of (or in opposition to) any candidate for elective public office.”

There you go. As many expected, it appears this move is less about charity, and more about ensuring that Zuckerberg, the oligarch, is able to frame U.S. government policy in any way that he, and his billions, so desire.

It appears Zuckerberg has carefully studied the Warren Buffet playbook.

The greatest Bullartist of all Granpa Warren Buffet

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More Hypocrisy from Warren Buffett as He Structures Deal to Avoid $400 Million in Taxes

Michael Krieger | Posted Monday Mar 17, 2014 at 3:35 pm


Warren Buffett epitomizes everything that is wrong with the global economy, and the U.S. economy specifically. He is the consummate crony capitalist, a brilliant yet conniving oligarch who intentionally plays on the gullibility of the masses to portray himself as one thing, when in reality he is something else entirely.

He publicly talks about how rich people need to pay more in taxes, then turns around and pioneers new ways for his company Berkshire Hathaway to avoid hundreds of millions in taxes. He thinks that by going on television stuffing ice cream cones and hamburgers in his mouth and acting all grandfatherly that no one will notice who he is really is and the incredible hypocrisy of his actions.

I’ve pointed out “Uncle” Warren’s hypocrisy previously on these pages, most recently in my post from last March titled: Crony Capitalist “Uncle” Warren Buffett Drives Company Profits Using Derivatives.

While that was pretty blatant hypocrisy, Buffett’s latest elaborate scheme to avoid $400 million in capital gains taxes from the disposition of a large chunk of Berkshire Hataway’s Washington Post stake (which was acquired in the 1970s for $11 million) absolutely takes the cake.

The Street published an excellent article on the topic. Their conclusion at the end of the piece says it all:

Bottom Line: Warren Buffett is pioneering new ways to avoid capital gains tax, even as he is President Obama’s richest spokesperson for progressive income tax policy.
http://libertyblitzkrieg.com/?s=buffett
More from The Street:

NEW YORK (TheStreet) – Berkshire Hathaway may have avoided about $400 million in taxes by exiting its long-time stake in Graham Holdings – formerly known as The Washington Post Company – through an asset swap with the company that will add Miami-based TV station WPLG and hundreds of millions in cash to Berkshire’s coffers. Wednesday’s transaction also may also break new ground in how large investors structure deals to avoid taxes on their investment gains.

Berkshire’s deal with Graham Holdings is structured in a way that may allow the Warren Buffett-run conglomerate to exit a multi-decade investment in Graham Holdings without paying any capital gains tax, Robert Willens, an independent tax expert, said in a Friday telephone interview.

The cost-basis for Berkshire’s 1,727,765 million shares was $11 million, Warren Buffett said in Berkshire’s 2000 annual letter to shareholders. Now, Berkshire is seeking to exit Graham Holdings at a value in excess of $1.1 billion.

Applying a 38 percent tax rate (federal plus state and local taxes) would bring Berkshire to about $400 million in tax liability, Willens said. The swap orchestrated between Berkshire and Graham Holdings, however, is likely to reduce Berkshire’s tax liability to $0.



Charity indeed begins at home! grin
« Last Edit: Dec 3rd, 2015, 06:51am by Sys_Config » User IP Logged

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« Reply #13906 on: Dec 3rd, 2015, 09:10am »

GOOD MORNING MY FELLOW UFOCASEBOOKERS grin






Crystal



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xx Re: Stuff & Nonsense
« Reply #13907 on: Dec 3rd, 2015, 11:31am »

Sys, why are you picking on Mark Zuckerberg?! Don't you know that's Crystal's buddy?? grin
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xx Re: Stuff & Nonsense
« Reply #13908 on: Dec 3rd, 2015, 12:41pm »

SWAMP,

grin

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YOU KNOW SYS FINDS >>> IMMENSE PLEASURE <<< IN PULLING BACK THE CURTAIN(S)...

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FOR THOSE >>> ILLUSIONS DE LA VIE <<< wink

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SHALOM...Z

SOMETIMES YA JUZZZZZ GOTTA LOOK BEYOND THE...

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THERE'S NO PLACE LIKE CASEBOOK cool

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« Last Edit: Dec 3rd, 2015, 1:03pm by ZETAR » User IP Logged

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xx Re: Stuff & Nonsense
« Reply #13909 on: Dec 3rd, 2015, 1:06pm »

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on Dec 3rd, 2015, 11:31am, Swamprat wrote:
Sys, why are you picking on Mark Zuckerberg?! Don't you know that's Crystal's buddy?? grin


Hahaha Hey Swamp...word on Wall Street is she just dumped all 350k of her facebook shares cuz of some inside reports its losing customers like crazy..No doubt she learned more from Soros than Mr Mark Sugar Mountain there.. grin
Its up to us to help ease her finacncial worries..have her reinvest in something productive.like..Zs music company..not let it stay idle...Good move! grin
We Love You Crystal !!

kiss kiss kiss kiss kiss kiss kiss kiss kiss kiss kiss kiss kiss kiss
« Last Edit: Dec 3rd, 2015, 1:08pm by Sys_Config » User IP Logged

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xx Re: Stuff & Nonsense
« Reply #13910 on: Dec 3rd, 2015, 1:29pm »

grin

UR ON A ROLL BRO wink

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Dream weaver
I've just closed my eyes again
Climbed aboard the dream weaver train
Driver take away my worries of today
And leave tomorrow behind
Ooh dream weaver
I believe you can get me through the night
Ooh dream weaver
I believe we can reach the morning light

Fly me high through the starry skies
Maybe to an astral plane
Cross the highways of fantasy
Help me to forget today's pain

Ooh dream weaver
I believe you can get me through the night
Ooh dream weaver
I believe we can reach the morning light

Though the dawn may be coming soon
There still may be some time
Fly me away to the bright side of the moon
And meet me on the other side

https://youtu.be/xZKuzwPOefs

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« Reply #13911 on: Dec 3rd, 2015, 8:46pm »

cool

C 130 HERCULES ~ ANGEL PATTERN FROM THE SKY... wink

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xx Re: Stuff & Nonsense
« Reply #13912 on: Dec 3rd, 2015, 8:56pm »

EASE UP ON THE 'F' BOMBS ~ I GET THE PASSION ~ WE MODS STILL SIT ON THE BENCH AND HAVE A BOSS TO ANSWER TO grin

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xx Re: Stuff & Nonsense
« Reply #13913 on: Dec 4th, 2015, 08:06am »

on Dec 3rd, 2015, 11:31am, Swamprat wrote:
Sys, why are you picking on Mark Zuckerberg?! Don't you know that's Crystal's buddy?? grin



grin

I hate to admit it but I re-opened my Facebook account. I have a lovely friend in New Orleans and she just will not get on Twitter, hates it. So Facebook is the only way to keep in touch with her. I still can't stand the little weasel Zuckerberg.

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« Reply #13914 on: Dec 4th, 2015, 08:08am »

on Dec 3rd, 2015, 1:06pm, SysConfig wrote:
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Hahaha Hey Swamp...word on Wall Street is she just dumped all 350k of her facebook shares cuz of some inside reports its losing customers like crazy..No doubt she learned more from Soros than Mr Mark Sugar Mountain there.. grin
Its up to us to help ease her finacncial worries..have her reinvest in something productive.like..Zs music company..not let it stay idle...Good move! grin
We Love You Crystal !!

kiss kiss kiss kiss kiss kiss kiss kiss kiss kiss kiss kiss kiss kiss


tongue

I'm so ashamed, I re-opened my Facebook account.

I DON'T WANT TO TALK ABOUT IT!!!!!!!!!!!!!!!!!!! grin


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xx Re: Stuff & Nonsense
« Reply #13915 on: Dec 4th, 2015, 08:10am »


GOOD MORNIN' ALL










CRYSTAL


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xx Re: Stuff & Nonsense
« Reply #13916 on: Dec 4th, 2015, 08:26am »

GOOD MORNING CRYSTAL ~ CASEBOOK

TO RELAX IN THE BOX...OR...THINK OUTTA...

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CRYSTAL WROTE:

"I just want to jump in and remind everyone to watch the cursing. I understand because I swear all the time. But please don't do it in your posts."

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« Reply #13917 on: Dec 4th, 2015, 6:51pm »







grin


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« Reply #13918 on: Dec 4th, 2015, 7:02pm »

on Dec 4th, 2015, 6:51pm, WingsofCrystal wrote:



grin


Crystal

.


haha my silver marmalade did not take her eyes of the screen the entire video..Thanx..grin
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« Reply #13919 on: Dec 5th, 2015, 07:08am »

Good morning Sys, Z, Swamprat & all of our wonderful UFOCasebookers cheesy

Cats are something else again. I was raised with Siamese cats. They are strange and wonderful cats. STRANGE!

We don't have cats here. They are nothing more than coyote bait up here on the north Puget Sound. And no matter how hard you try to keep them inside, they manage to sneak out. So unfortunately we only have dogs grin


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