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Protesters burn the Hezbollah headquarters in Iraq
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Page 6: Politix
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Home Front: Politix
Bloomberg can delay financial disclosure until after Super Tuesday
[Axios] Billionaire presidential contender Mike Bloomberg received an extension through March 20 that allows him to keep details about his personal wealth confidential until after Americans vote in the 2020 Democratic primaries, The New York Times reports.

Why it matters: Billionaires have been a focal point so far in the 2020 election, and have been lamented by other candidates for using their vast wealth to buy the nomination.

The state of play
: Bloomberg received an extended deadline to file his financial disclosure more than two weeks after Super Tuesday.

  • He has already poured $200 million into TV and digital ads, the Times notes.
  • Bloomberg entered the race in November, months after his rivals. If he drops out before March 20, he may never have to share his financial particulars.

    The big picture
    : Transparency has become important to the 2020 race since President Trump has refused to share his tax returns. "Many Democrats do not want to cede their political advantage on the topic in 2020," the Times writes.

    Our thought bubble, via Dan Primack: Bloomberg, as one of America's most successful living entrepreneurs, has created and amassed a lot of wealth.

  • There should be a thorough accounting of how he made his money, and how it affected others along the way.
  • If there are legitimate criticisms, let 'em fly. Just as they should for any other part of his professional and personal conduct, in both the private and public sectors.
  • And there is certainly value in a robust debate over the future viability of plutocracy in America, including the idea of taxing wealth (as opposed to only taxing income).

    Bloomberg is worth an estimated $50 billion, per the Times.

    His campaign did not respond to a request for comment.
  • Posted by: Frank G || 01/19/2020 11:05 || Comments || Link || E-Mail|| [161 views] Top|| File under:

    #1  With the Democrats/Media gearing up to take citizen's rights away, it looks like there is a need to form up an internal special forces organization , " To Free The Oppressed . "
    Posted by: Thaith Elmeresing6163 || 01/19/2020 14:41 Comments || Top||

    #2  "Mike" Bloomberg. Uh, yeah, sure.
    Posted by: DooDahMan || 01/19/2020 17:04 Comments || Top||

    The FBI Wants To Treat Carter Page Warrant Mistakes Like Training Problems. A Court Adviser Says That's Not Enough.
    h/t Instapundit
    [reason] - The FBI's newly released plans to avoid mistakes when seeking permission to wiretap and surveil American citizens is insufficient, according to an expert brought in to advise the Foreign Intelligence Surveillance Court (FISC).

    In December, the Office of the Inspector General (OIG) for the Department of Justice released a report showing significant problems with the warrants that the FBI submitted to FISC in order to secretly wiretap Carter Page, a former foreign policy adviser to Donald Trump's 2016 presidential campaign. While the OIG's report concluded that the agency was justified in investigating whether Page was unduly influenced by his connections with the Russian government, it also determined that the FBI withheld important details from the FISC that might have influenced its decision to grant these warrants. These omissions were not in Page's favor, and ultimately the OIG found 17 different errors or omissions in the warrant requests, some of which were not corrected in subsequent applications.

    ...While the FBI was hammering out this plan, the FISC appointed David Kris, a former Justice Department attorney during President Barack Obama's administration, to advise the court.

    ...It appears that version of Kris analyzed the FBI's plans. On Wednesday, he responded that Wray's proposals were ultimately insufficient. Part of the larger problem, which Wray has acknowledged, is that it's hard to check the accuracy of information that's not included or deliberately omitted.
    Posted by: g(r)omgoru || 01/19/2020 02:52 || Comments || Link || E-Mail|| [251 views] Top|| File under:

    #1  I wonder what would have happened to a cop who was discovered to make such "mistakes" in an ordinary criminal case?
    Posted by: g(r)omgoru || 01/19/2020 2:59 Comments || Top||

    #2  It's hard to check the accuracy of information tell if he's a witch that's not included or deliberately omitted until you dunk him...
    Posted by: M. Murcek || 01/19/2020 7:41 Comments || Top||

    #3  ...While the FBI was hammering out this plan, the FISC appointed David Kris, a former Justice Department attorney during President Barack Obama's administration, to advise the court.

    Posted by: Besoeker || 01/19/2020 7:45 Comments || Top||

    #4  Still ignoring the Comey institutional train wreck?
    Posted by: JohnQC || 01/19/2020 15:27 Comments || Top||

    How five members of Joe Biden's family got rich through his connections
    h/t Instapundit
    [NY Post]- Political figures have long used their families to route power and benefits for their own self-enrichment. In my new book, "Profiles in Corruption: Abuse of Power by America’s Progressive Elite," one particular politician ‐ Joe Biden ‐ emerges as the king of the sweetheart deal, with no less than five family members benefiting from his largesse, favorable access and powerful position for commercial gain. In Biden’s case, these deals include foreign partners and, in some cases, even U.S. taxpayer dollars.

    The Biden family’s apparent self-enrichment involves no less than five family members: Joe’s son Hunter, son-in-law Howard, brothers James and Frank, and sister Valerie.

    When this subject came up in 2019, Biden declared, "I never talked with my son or my brother or anyone else ‐ even distant family ‐ about their business interests. Period."

    As we will see, this is far from the case...
    Posted by: g(r)omgoru || 01/19/2020 01:25 || Comments || Link || E-Mail|| [164 views] Top|| File under:

    #1  Hidden in plain sight -- Biden's bro is a war profiteer who, without any construction experience at all, was given a major share of ca. $735 million in profits from a billion dollar reconstruction contract in Iraq.

    And not one pixel in the mainstream press about the VP's family engaged in war profiteering.

    Per Peter Schweizer:

    Less than three weeks [after Biden invited his cronies at the construction firm into White House meetings], HillStone announced that James Biden would be joining the firm as an executive vice president. James appeared to have little or no background in housing construction, but that did not seem to matter to HillStone. ...

    James Biden was joining HillStone just as the firm was starting negotiations to win a massive contract in war-torn Iraq. Six months later, the firm announced a contract to build 100,000 homes. It was part of a $35 billion, 500,000-unit project deal won by TRAC Development, a South Korean company. HillStone also received a $22 million U.S. federal government contract to manage a construction project for the State Department.

    David Richter, son of the parent company’s founder, was not shy in explainingHillStone’s success in securing government contracts. It really helps, he told investors at a private meeting, to have “the brother of the vice president as a partner,” according to someone who was there.

    The Iraq project was massive, perhaps the single most lucrative project for the firm ever. In 2012, Charlie Gasparino of Fox Business reported that HillStone officials expected the project to “generate $1.5 billion in revenues over the next three years.” That amounted to more than three times the revenue the company produced in 2011.

    A group of minority partners, including James Biden, stood to split about $735 million. “There’s plenty of money for everyone if this project goes through,” said one company official. ...

    James Biden remained with Hill International, which accumulated contracts from the federal government for dozens of projects, including projects in the United States, Puerto Rico, Mozambique, and elsewhere.

    Posted by: Lex || 01/19/2020 12:14 Comments || Top||

    #2  Government jobs often lead to wealth way beyond a paycheck.
    Posted by: JohnQC || 01/19/2020 15:43 Comments || Top||

    Who's in the News
    6Govt of Iran
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    3Islamic State
    3Arab Spring
    2al-Qaeda in North Africa
    1Govt of Iran Proxies
    1Moslem Colonists
    1Muslim Brotherhood
    1al-Shabaab (AQ)

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    A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.

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    Two weeks of WOT
    Sun 2020-01-19
      Protesters burn the Hezbollah headquarters in Iraq
    Sat 2020-01-18
      Taliban open to 10-day ceasefire with US troops in Afghanistan
    Fri 2020-01-17
      Iraqi police arrest ISIS religious official in eastern Mosul
    Thu 2020-01-16
      Five killed as Sudan crushes revolt by security agents
    Wed 2020-01-15
      Pelosi Names Impeachment Managers
    Tue 2020-01-14
      Project Veritas #Expose2020 Part 1: Bernie Sanders Field Organizer Suggests Gulags to Help ‘Nazified’ Trump Voters
    Mon 2020-01-13
      Corey Booker Throws In The Towel
    Sun 2020-01-12
      Detention of UK's ambassador to Tehran (released an hour later)
    Sat 2020-01-11
      Iran fesses up, admits they shot down airliner
    Fri 2020-01-10
      Iran invites American investigators to take part in the probe into PS752 plane incident that killed 176 people on board
    Thu 2020-01-09
      U.S. Officials Confirm Iran Shot Down Ukrainian Airliner
    Wed 2020-01-08
      Iran informs the United Nations and #UNSC that they ''do not seek war and warn of any military adventures"
    Tue 2020-01-07
      Iraq Under Missile Attack From Iran
    Mon 2020-01-06
      3 Americans Dead, 6 Aircraft Destroyed Or Damaged, Including A Rare Spy Plane, In #Kenya Attack
    Sun 2020-01-05
      Iran Puts $80M Bounty on Trump's Head for Soleimani Hit

    Better than the average link...

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