What's the Deal with the Five Clinton Shell Companies

At today's Press Conference, Obama pledged new actions to dig into disclosures of Shell Companies used to hide income from US taxes. If Obama is serious, perhaps the announced actions will help clear up the nagging questions about consulting fees paid to the Clintons through their Shell Companies.

... Number one, we are requiring banks and other financial institutions to know, verify and report who the real people are behind shelf corporations that set up accounts at those institutions.

One of the main ways that companies avoid taxes, or wealthy individuals avoid taxes is by setting up a bunch of shelf corporations and making it harder to trace where monies are flowing and what taxes are owed. We’re saying to those financial institutions, you have got to step up and get that information.

Second, we are plugging a gap in our tax rules that foreigners can exploits to hide their assets to evade taxes. The Treasury Department and the IRS are issuing a proposed rule to make sure foreigners can’t hide behind anonymous shelf companies formed inside the United States.

Press Conference Transcript

Lee Camp (Redacted Tonight) does a great job of following the Clinton money flow.

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Bollox Ref's picture

Just like the average Joe or Jane on $25,000/per annum.

The Clintons are very ordinary people. Remember Hope, AK. And if you don't.......... well someone might come round and put your kneecaps out of order.

But remember, they're sweet, sweet people, with a Foundation that helps others........and themselves.

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Gëzuar!!
from a reasonably stable genius.

Citizen Of Earth's picture

From wikipedia "Within hours of the death of Vince Foster in July 1993, chief White House counsel Bernard Nussbaum removed documents, some of them concerning the Whitewater Development Corporation"

I get the feeling bodies will start getting unearthed this summer. Smile

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Donnie The #ShitHole Douchebag. Fake Friend to the Working Class. Real Asshole.

Why, that would be Mena!

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Vowing To Oppose Everything Trump Attempts.

OMG - CNN says Bernie is open to being Hillary's VIP. Is he nuts?
http://www.cnn.com/2016/05/06/politics/bernie-sanders-hillary-clinton-vi...

Hordes of Sanders supporters shut down Clinton event in LA: ‘She’s not with us!’
https://www.rawstory.com/2016/05/hordes-of-sanders-supporters-shut-down-...

Can it really get much worse?

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"Religion is what keeps the poor from murdering the rich."--Napoleon

Have them wake you up in 4 or 5 years with the option of going back to sleep if it looks like it still sucks outside.

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Beware the bullshit factories.

lunachickie's picture

is that a serious notion. That's just CNN, making another breathless headline out of what someone didn't say.

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Citizen Of Earth's picture

In The video clip with that article, Bernie never says he will accept VP if it was offered. Total BS. CNN is losing it.

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Donnie The #ShitHole Douchebag. Fake Friend to the Working Class. Real Asshole.

NonnyO's picture

Bernie did NOT leave the door open to being Hillary's VP. Bernie deflected answers to both of Wolfie's questions.

I must admit, however, that I did appreciate the second story. I saw that same video (?yesterday?) and appreciate someone letting HRC know she's not as well-liked or appreciated as the major networks make it seem she is.

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I believe in an America where the separation of church and state is absolute ..., where no church or church school is granted any public funds or political preference. — President John F. Kennedy, Houston, TX, 12 September 1960

snoopydawg's picture

companies. The whole damned Clinton foundation is a money laundering scheme for their friends to get lucrative contracts.
How the hell was it legal for the foundation to work with the state department in Haiti? That's a huge conflict of interest. Anyone or any corporations that wanted in on the reconstruction after the earthquake had to go through the Clinton foundation first and then it had to be approved by the state department. And guess who made those decisions? Huma Abedin who was both in the foundation and a member of the state department.
The pay to play weapons deals from countries with horrible human rights violations. After the weapon sales, those governments would give millions to the foundation.
And when Obama appointed Hillary as SOS, he told her to keep the foundation separate from her duties in the state department. She agreed that she would. Oops.
Same as what happened in Libya and Honduras.
Both were heavily involved with each other.
But Libya is where the FBI should be focusing its investigation. Bluementhal was sending Hillary business opportunities for both him and the foundation to get business. And he hadn't gone through the process of getting a security clearance so anything he sent her broke the security law.
Plus he outed a CIA agent's name in an unclassified email and Hillary or one of her staff forwarded it to other people.

Good lord, I don't want either of them back in the White House. Imagine how much more damage that they can do to this country and the world!

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Was Humpty Dumpty pushed?

NonnyO's picture

Anything sent to/from Hillary as SoS could be seen by Bill, or forwarded to Bill, or printed out and given to Bill so he could take it to the Clinton Foundation and complete whatever deals he wanted.

Hasn't anyone made that connection yet? Are people in DC (and/or the FBI) so stupid they can't see what's right in front of them? Or have they been bribed not to know by the Clinton Foundation?

This was a headline today:

Hillary Clinton is going to be exonerated on the email controversy. It won’t matter.
The Washington Post | 6 May 2016
https://www.washingtonpost.com/blogs/plum-line/wp/2016/05/06/hillary-cli...

Edit: Cenk Uygur touched on the email server + Clinton Foundation earlier tonight in this video:

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I believe in an America where the separation of church and state is absolute ..., where no church or church school is granted any public funds or political preference. — President John F. Kennedy, Houston, TX, 12 September 1960

Citizen Of Earth's picture

" Are people in DC (and/or the FBI) so stupid they can't see what's right in front of them? "

Not that stupid, but definitely that corrupt. Rule of law is only for commoners. US Govt is total Foobar now.

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Donnie The #ShitHole Douchebag. Fake Friend to the Working Class. Real Asshole.

Follow the money.

As Upton Sinclair once observed, “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” "Those in DC and/or the FBI" are smart enough to know that their continued cushy employment in the service of the uneasy alliance between the "democratic" investor meritocracy and the "republican" energy tycoons means acting ignorant of the reality of violations of the law.

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Vowing To Oppose Everything Trump Attempts.

Oldest Son Of A Sailor's picture

Some of them Shell Companies...

When I cashed my paycheck today the bank gave me some dirty old money and it sure would be nice to be able to send it through a money laundry to get cleaned...

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"Do you realize the responsibility I carry?
I'm the only person standing between Richard Nixon and the White House."

~John F. Kennedy~
Economic: -9.13, Social: -7.28,
Damnit Janet's picture

My boss has to go through hoops and loopdydoos to pay us. See the Feds don't think I should get paid. But I should pay taxes.

It's quite complicated. But not.

I work in a for realsies medical marijuana dispensary.

So once a month I get paid with a big wad of money and I take it all to the bank and I watch them count it out while they make comments about "well, it's obvious you're not a stripper" or even funny remarks from a teller who is delighted or supports MMJ. But it's always embarrssing and a bit of a long transaction.

Yesterday was payday.. I wish I could just have direct deposit again and not worry about withholding for taxes or being embarrassed or being robbed.

Or raided.

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"Love One Another" ~ George Harrison

Citizen Of Earth's picture

Now that is freakin funny. ROFL
Still amazes me that the Feds treat weed like it's main lining heroin. But I suppose when Big Pharma is your puppet master, you gotta tow the line and do absurd things to kill the competition.

So glad to see the states finally flippin the bird to the Feds on MJ.

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Donnie The #ShitHole Douchebag. Fake Friend to the Working Class. Real Asshole.

Deja's picture

I might have wanted to punch her/him in the throat for implying I couldn't be one lol. But then, I was one decades ago when I looked an awful lot like the picture in hecat's open thread. Wild days, those; and so much wasted on youth.

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Citizen Of Earth's picture

I guess it can be interpreted more than one way.
I read it like: The teller is thinking who else but a stripper would show up with a stack of small bills.
And only someone who is an idiot would even be thinking like that. Like seriously whose business is it where I got the money, just stfu and deposit it fer chrise sakes.

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Donnie The #ShitHole Douchebag. Fake Friend to the Working Class. Real Asshole.

Damnit Janet's picture

and their money woes...

I remember that sick feeling when I learned that GWB had no idea you could buy pre-sliced bread or knew about check out scanners.

I have a sincere feeling Ms. Rodham doesn't have a fucking clue about the peasants daily lives either.

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"Love One Another" ~ George Harrison

mjsmeme's picture

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Damnit Janet's picture

I've hated her since the 90s. LOL

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"Love One Another" ~ George Harrison

mjsmeme's picture

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TheOtherMaven's picture

As if even that would mellow her out! Blum 3

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There is no justice. There can be no peace.

mjsmeme's picture

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Damnit Janet's picture

She can have a THC suppository though. Biggrin

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"Love One Another" ~ George Harrison

She's goddamned SURE we all eat cake.

I'm coming damned close to hating that bitch.

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******************************

Muerte al fascismo. Muerte a la tiranía. colapso total de los que promueven tampoco. A la pared con el unico porciento%

Oldest Son Of A Sailor's picture

I've been there a long time...
It was somewhere around "Super Predator" or "Welfare Reform" where I found that I hated her...

I felt a twinge of sorry for her when Monica blowing Bill hit the press...
Then I realized that her only problem with the BJ's was that the press covered it...
The feeling sorry for her was gone immediately...
I was back to full on hate...

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"Do you realize the responsibility I carry?
I'm the only person standing between Richard Nixon and the White House."

~John F. Kennedy~
Economic: -9.13, Social: -7.28,