Tuesday, July 24, 2018

TAX RETURNS,WORK PAPERS &FRAUD

The trial of Paul Manafort is set to begin next week. He is charged with various Financial crimes including it seems fraud and money laundering. When Manafort's domestic sources of capital dried-up he went to overseas sources, particularly Russian and Russian controlled sources. It is these transactions which are under scrutiny. Do we know any other public figure that had such a scenario? Remember when Donnie  had to file for bankruptcy for his companies after losing $1 billion in the casino business his domestic sources dried up. What were his sources of overseas capital in his business of branding his name ? Were some Russian or Russian controlled? Probably some Capital was obtained from Deutsche Bank which was clearly in the business of laundering money for among others Russian oligarchs. The alternative spelling for oligarch is" criminal".

Which provokes the questions, why are the Democrats not demanding insistently and loudly that Trump's tax returns be released. Complicated tax returns with schedules provide a wealth of information. The Democrats should also be demanding that the audit workpapers of what ever accounting firm audited Trump and his businesses as well as their policy and procedure manuals be made public. The combination of all those things would provide a treasure trove of information to determine whether or not Trump and his businesses were committing Financial crimes and may still be. Surely the Democrats must have someone in their group of consultants operatives etc. who is financially sophisticated. Why are they not going for the jugular vein instead of spending their time prattling about what ever stupid statement trump makes on a daily basis. They need to get their eye on the ball.

Meanwhile Trump's new diversionary tactic is to advocate taking away the security clearances of any former officials such as James Clapper, Dan Brennan etc. who have the temerity to criticize the fool in the White House. We may safely expect that Trump will soon claim that the statements these people make against him constitute a threat to national security. You may remember Donnie pining away for Roy Cohn, his former lawyer who was also counsel for Joseph McCarthy during the dark days of the McCarthy hearings in the Senate. McCarthy you may recall accused countless people, always falsely of being agents of foreign governments and security risks. Perhaps Trump can get Devin Nunes to commence McCarthy-like hearrings against those who criticize drop. Nunez has proved himself utterly shameless and will do anything apparently to support the fool in the White House.

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