Armed Polite Society
Main Forums => Politics => Topic started by: Scout26 on September 01, 2017, 05:56:10 PM
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Comey was writing up his exoneration of Hillary prior to interviewing her, and the SPLC is hiding millions in offshore accounts.
Nice to see some hard hitting journalism...
https://www.youtube.com/watch?v=KiepzysY8Nc&t=20m
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But RUSSIA, RUSSIA, RUSSIA, NAZIS, NAZIS, NAZIS!!!
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As much as I can't stand the SPLC, I'm not sure about the "hiding money offshore" accusation. It sounds like they are simply investing surplus money in hedge funds that are organized in the Caymans. Those hedge funds should still show up as an investment on the asset side of SPLC's balance sheet: reported cash goes down while reported investments go up. So, unless they're engaging in fraudulent accounting, I don't see what the issue is. There is nothing illegal per se about a tax-exempt entity investing in an offshore vehicle, and many do so to avoid taxation on unrelated business taxable income. But, I might be missing something.
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Rather than sticking that money in the Caymens (and Bermuda and buying just enough ownership interests in foreign companies to avoid US reporting requirements) they should use that money to fund Diversty Awareness and other left causes, instead of acting like mean ol' Republicans and profiting off the backs of those they exploit....
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Google "morris dees sex" for some interesting reading.