web analytics
April 20, 2014 / 20 Nisan, 5774
At a Glance

Posts Tagged ‘Code Pink’

Jewish Nominee for Treasury May Hit Wall of GOP and Far Left

Tuesday, February 12th, 2013

Jack M. Lew, President Obama’s frum former chief of staff and budget director, and now his nominee to head the U.S. Treasury, will face the Senate Finance Committee Wednesday at the formal vetting stage prior to confirmation.  Until several days ago, the nomination seemed to be a slam dunk.

Not anymore.

One of President Obama’s pet peeves has long been tax advantages for the wealthy.  In 2007, when Obama ran for president the first time, one of his favorite targets for vitriol was “overseas tax havens,” in places like the Cayman Islands.  And guess who had close to $100,000 in assets socked away right there in the Cayman Islands? Lew.

While he was president, Obama railed against a specific five-story building on Grand Cayman Island called Ugland House, which nearly 12,000 businesses claim as the address of their corporate headquarters.  The Cayman Islands is a tax-free jurisdiction in which corporations can be “housed,” at least on paper, thereby enabling those companies and wealthy individuals to avoid paying U.S. taxes.

In 2008 the Senate Finance Committee held hearings on Ugland House. The Committee chair, Sen. Max Baucus, explained the committee was “concerned that U.S. taxpayers are creating offshore business entitles solely to evade their U.S. tax obligations, [and] seeking to confound I.R.S. collection efforts by obscuring the true ownership of American assets or income.”

In 2009 Obama said, “for years, we’ve talked about shutting down overseas tax havens that let companies set up operations to avoid paying taxes in America.  About Ugland House, he said, “either this is the largest building in the world, or the largest tax scam in the world.  And I think the American people know which it is.  That’s the kind of tax scam that we need to end.”

But according to The New York Times, as recently as 2010, Jack Lew had invested money in a CitiGroup venture capital fund whose address was Ugland House, Grand Cayman Island.  And based on Lew’s tax filings in 2009 and 2011, he had as much as $100,000 in such investments.

Senator Charles Grassley (R-IA) is fuming.  He called it ironic that Obama’s nominee to head the Treasury Dept., someone who has been, according to reports by conservatives, “inflexible” about spending cuts, benefited from the very offshore tax shelters Obama has repeatedly attacked.  That, and the fact that the IRS is located within the Treasury Dept. and the long arm of the IRS is what gets blocked by tax shelters such as the one provided by  Ugland House.

Others pointed out that many Obama supporters criticized Mitt Romney for holding investments in the Cayman Islands.  According to NBC News, an ad during the  2012 campaign asked, “Why would Mitt Romney invest millions in the Cayman Islands?”

A White House statement issued in response to this latest controversy, pointed out that Lew sold off his investments in the Cayman Islands based fund, and “he paid all of his taxes and reported all of the income, gains and losses from the investment on his tax returns.”

The Times revealed that although Lew had previously worked for the administration, it was not until 2010, after he was confirmed as director of the Office of Management and Budget, that Lew fully divested from the Ugland House CitiGroup fund.  Investments in those funds are not for the short-term, and the sale cost Lew more than $50,000.

Obama and Lew supporters are pooh-poohing the offshore tax shelters issue, especially given that the information was available when Lew went through prior confirmation hearings, albeit for non-Cabinet positions.

And at least one other Treasury Secretary, former CEO of Goldman, Sachs Henry Paulson, who served under President Bush, had extensive financial holdings in the Cayman Islands.

On the other hand, Republicans were not the ones vilifying “the rich” for trying to evade paying U.S. taxes through legitimate ventures, while the Democrats have practically raised that criticism to an art form.

Which brings up a likely ally – if they want to avoid being called hypocrites – for the Republicans who want the Ugland House tax shelter issue to be raised at the hearing: the radical leftist street theater group, Code Pink, and one of their close uber-leftist allies, The Nation.

Quick Takes: News You May Have Missed

Wednesday, February 10th, 2010

NOTE: Aaron Klein will host a live call-in show this Sunday on 77-WABC in New York from 7-9 p.m. E.S.T.

  

 

   Did Sen. John Kerry try to disguise a letter of support he wrote for a recent pro-Hamas march to the Gaza Strip that included former Weather Underground terrorist William Ayers and was organized by the radical activist organization Code Pink?
 
   Big Government.com obtained the letter from Kerry’s officein support of a “humanitarian delegation from Massachusetts” to Gaza.
 
   The ambiguously phrased letter does not mention which delegation Kerry is referencing, aside from stating it will be traveling “from December 27th to January 15th.”
 
   Those were the general dates of Code Pink’s solidarity trip to the Gaza Strip.
 
   “I respectfully request that every courtesy be given the members of the delegation during their visit. My staff has met with members of the group and is impressed with their ability, dedication and commitment to the peace process,” Kerry wrote.
 
   Kerry’s letter was used by Code Pink founder Jodie Evans in an attempt to enter the Hamas-controlled Gaza Strip to join in solidarity with the territory’s population and leadership. This column previously reported Evans and her group, which included Ayers and his Weather Underground co-founder wife, Bernardine Dohrn, provoked chaos on the streets of Egypt after the governmentthere would not allow her full group to enter neighboring Gaza.
 
   Evans was a fundraiser and financial bundler for Obama’s presidential campaign. Her group was formed in 2002 to protest America’s war in Iraq. Code Pink previously met with Hamas and with leaders of the Taliban.
 
   Images of the letter were posted on the Electronic Intifada website run by Ali Abunimah, who was with Evans group in Egypt. WND previously reportedObama spoke at pro-Palestinian events in the 1990s alongside Abunimah. In one such event, a 1999 fundraiser for Palestinian “refugees,” Abunimah recalls introducing Obama on stage.
 

 

National Union Official Looking
To Add Immigrants To Voting Base

 

   Granting citizenship to millions of illegal immigrants would expand the “progressive” electorate and help ensure a “progressive” governing coalition for the long term, declared a recent adviser to President Obamawhose union group is among the most frequent visitors to the White House.
 
   “We reform the immigration laws, it puts 12 million people on the path to citizenship and eventually voters,” stated Eliseo Medina, international executive vice-president of Service Employees International Union, or SEIU.
 
   Medina was speaking at a June 2009 Washington conference for the liberal America’s Future Now! Audio of his speech was obtained by this reporter’s new WABC radio show.
 
   Medina said that during the presidential election in November 2008, Latinos and immigrants “voted overwhelmingly for progressive candidates. Barack Obama got two out of every three voters that showed up.”
 
   “Can you imagine if we have, even the same ratio, two out of three? Can you imagine 8 million new voters who care about our issues and will be voting? We will be creating a governing coalition for the long term, not just for an election cycle.”
 
   The SEIU is closely linked to the controversial Association of Community Organizations for Reform Now, or ACORN. SEIU President Andrew Stern was the most frequently logged White House visitor, according to an official list released in October.
 
   Medina and the SEIU are top supporters of Illinois Rep. Luis Gutierrez’s Comprehensive Immigration Reform for America’s Security and Prosperity Bill, which seeks to document up to 12 million illegal immigrants inside the U.S. During the most recent presidential campaign, Medina and Gutierrez served on Obama’s National Latino Advisory Council.
 

 

Effort To Rebuild Temple Exposed As Hoax

 

   A Rockefeller is raising capital to rebuild the Jewish Temple, said the news release published on CNN Money’s Internet site and other news sources. The plan would include a united Jewish and Palestinian Arab state. A Jewish group promoting the rebuilding of the Temple was reported to be cooperating.
 
   The story spread virally through the evangelical Christian blogosphere. But it was all part of an elaborate hoax.
 
   The release, filed with MarketWire and republished at CNNMoney.com,claims “Supriem David Rockefeller” is director of a company, Kinti Holdings group, which is working with the Temple Institute, a Jewish Temple organization, to rebuild the Third Temple.
 
   Richman, international director of the Temple Institute,told this column the release is a “scam.”
 

   Stated Richman: “The claims made by these men … are false and malicious, and their apparent intentions are to take advantage of the Temple Institute’s sincere supporters and rob them of funds. The Temple Institute advises its friends and supporters to avoid being taken in by this scam.”

 
 
Van Jones, Former Obama Appointee,
Had Links To Jimmy Carter And A Kennedy

 

   While leading a communist revolutionary organization that opposed the U.S. government, President Obama’s controversial former “green jobs” czar, Van Jones, was honored by and maintained a working relationship with Mary Kerry Kennedy, the activist daughter of Robert F. Kennedy.
 
   Jones also received an award during his communist leadership period from a group on which former President Jimmy Carter served as an adviser.
 
   In the 1990s, Jones was the leader and founder of a radical group, the communist revolutionary organization Standing Together to Organize a Revolutionary Movement, or STORM. The group’s official manifesto, “Reclaiming Revolution,” boasted “we also saw our brand of Marxism as, in some ways, a reclamation.” The group called for “resistance” against the “oppressive” U.S. regime.
 
   STORM was founded in 1994 and disbanded in 2003. Jones went on to found the Ella Baker Center for Human Rights, named after a little-known civil rights firebrand and socialist activist.
 
   In 1998, both Carter and Kerry Kennedy were on the board of the Reebok Human Rights Awards, which selected Jones as one of four activists from around the world to receive its annual award. Van Jones appeared at multiple functions throughout the 1990′s with Kerry Kennedy.
 

   Aaron Klein is Jerusalem bureau chief for WorldNetDaily.com. He appears throughout the week on leading U.S. radio programs and is the author of the book “The Late Great State of Israel.” Follow Klein on Twitter under the name “AaronKleinWND.”

Printed from: http://www.jewishpress.com/news/breaking-news/quick-takes-news-you-may-have-missed-29/2010/02/10/

Scan this QR code to visit this page online: