She's committing a federal crime

The messages you are viewing are archived/old.
To view latest messages and participate in discussions, select the boards given in left menu

that it has been the Palestinians who have been the aggressors. Israel goal is protect its people from suicide bombers and the palestinians' so-called "intifada."

But this argment is getting tired and obviously you cannot see where using Hitler to emphasize your point is a poor choice and would make a Jew view you as an anti-Semite. If it walks like a duck, quacks like a duck...

13 firms receiving federal bailout owe back taxes

WASHINGTON � At least 13 firms receiving billions of dollars in bailout money owe a total of more than $220 million in unpaid federal taxes, a key lawmaker said Thursday.

Rep. John Lewis, D-Ga., chairman of a House subcommittee overseeing the federal bailout, said two firms owe more than $100 million apiece.

"This is shameful. It is a disgrace," said Lewis. "We are going to get to the bottom of what is going on here."

The House Ways and Means subcommittee on oversight discovered the unpaid taxes in a review of tax records from 23 of the firms receiving the most money, Lewis said as he opened a hearing on the issue.

The committee said it could not legally release the names of the companies owing taxes. It said one recipient had almost $113 million in unpaid federal income taxes from 2005 and 2006. A second recipient owed almost $102 million dating to before 2004. Another was behind $1.1 million in federal income taxes and $223,000 in federal employment taxes.

"If we looked at all 470 recipients, how much would they owe?" Lewis asked.

Lewis said the panel plans to review tax records from other firms receiving federal money, but he was unsure if it would look at every firm.

"We're not done," he said.

Banks and other firms receiving federal money were required to sign contracts stating they had no unpaid taxes, Lewis said. But he said the Treasury Department did not ask them to turn over their tax records.

Neil Barofsky, special inspector general for the Troubled Asset Relief Program, told the hearing that if an executive signed a contract knowing that information about unpaid taxes was false, "that would potentially be a crime." He said his office will look to see if crimes were committed.

No one from the Treasury Department appeared at Thursday's hearing. Lewis said he asked Treasury officials for a private briefing on their efforts to uncover unpaid taxes, as well as someone to testify at Thursday's hearing.

"They said no one was available," Lewis said in an interview.

Treasury Secretary Timothy Geithner is already under fire on Capitol Hill for not preventing $165 million in bonuses from being paid to employees at troubled insurance giant AIG.

People will ask, said Rep. Artur Davis, D-Ala., why there are "large companies getting taxpayer dollars, making false representations, and we can't even name them, much less make them pay the money back, much less prosecute them."

Davis continued: "Will they get their day on a billboard, hopefully?"

"Absolutely," said Barofsky. If someone lied, he said, "They need to be prosecuted."

The revelation is sure to spark outrage on Capitol Hill, where the House is expected to vote Thursday on a bill that would impose steep taxes on employee bonuses at AIG and other firms that have received bailout money.

To date, the Troubled Asset Relief Program, or TARP, has paid out more than $300 billion to private companies, with billions more on the way.

The McCain/Palin GOP is already in the process of stealing the Ohio vote, as was done in 2004. Among those at the center of the GOP strategy is Bush Family computer operative Michael Connell, who programmed the key vote counting mechanisms that were used to give George W. Bush his second term.

So the Federal govt is gonna cut back in entitlement programs to fund the rebuilding of NO? Not gonna cease his tax cuts for the rich, just gonna cut back on programs for.....the disadvantaged, of course, the ones whose voices will not be heard..Whose fault was NO? Bush and his administration. I say Bush should donate some of his millions to the rebuilding of NO, let some of the unfortunate ones camp on his 1700 acres that he boasts about..He got us into this awful mess. His speech the other night was a joke..Just another press moment, trying to pull on Americans heart strings but it aint working, LOL..**Long live equality**..Three more years? Oh gee, can we survive? What will be the next catastrophe under this fool? 9/11, Iraq and now NO..**America where are you**?

Don't get so upset. I think most of that link is just to fire up people's imagination. What do you think they would do with the prisoners in these federal prisons???? Turn them loose? Don't think so. It's scare tactics.

Why was Lyndon Johnson's election to the senate in 1948 won by massive voter fraud?

Why did Lyndon Johnson insert language into the IRS code in 1954 that prohibited non-profits, including churches, from endorsing or opposing candidates for political office. In effect, this thoroughly corrupt man used the power of the IRS to silence his opposition. Unfortunately, it worked. Why? His disservice to religious freedom has yet to be undone. Why?

Use of gun-related crime increased 40% during the gun ban and smuggling of guns was rampant, along with people turning every possible object into a gun. Not the answer obviously.

Stop throwing accusations at one another and blaming whatever party on Capitol Hill you hate!!!!!!!!! All this blame game crap is absolutely nauseating..... all parties have been part of the government since way back when. The parties in Washington at this moment had absolutely NOTHING to do with the situation at hand......the problem started decades ago with an absolutely desperate president who started up the Federal Reserve program, trying to coax people into believing their money was safe to put in the banks after the banks collapsed. They were lulled into a false sense of security in hopes they would start putting their money back in the bank and being told their government would guarantee it.........nothing to do with rep or dem, just a desperate president at the helm at the time and all those idiots who should have known better but let it continue nonetheless.

The corrupt companies in this fix now have been allowed to go this route because of an institution that was started up a looooong time ago, this just didn't happen overnight or a few years.

there were no exemptions whatsoever. If, say you earned a dollar, you owed a dime. No exceptions regarding where the money comes from. Tax welfare benefits too. Social Security is already taxed for some recipients. Those of us who receive Social Security and have enough income to pay taxes on 85% (maximum) of it ALL had the opportunity for a better life. Some took advantage of that and some didn't. Young people today have little hope of receiving Social Security and they also have little hope of being able to live while saving for their future.

We don't have to keep it in our homes or our churches. Freedom of religion covers that too!

over the past 3 years, including charts. This is by the National Debt Awareness Center. There are lots of other links on there to check out too but, again, I am short on time today.

http://www.usnews.com/articles/news/2009/02/25/hot-docs-bleak-and-uncertain-federal-budget-outlook-as-deficit-climbs.html

I saw today where they passed a budget to take us through the next couple months to the tune of $896B. Filled with pork. Hopefully, I'll get a chance to look it up tomorrow.