***Official Political Discussion Thread***

[Belgium]

https://thehill.com/homenews/senate...up-beto-orourke-in-double-occupancy-cell-with
Cruz jokes about locking up Beto O'Rourke in 'double-occupancy cell' with Clinton
Texas Sen. Ted Cruz (R) joked at a campaign rally that his opponent in the state's Senate race, Rep. Beto O'Rourke(D), could join 2016 Democratic nominee Hillary Clintonin a "double-occupancy" prison cell.

The senator responded with the jab at Clinton to a rally audience member's call to "lock him up!", reportedly referring to O'Rourke, according to multiple reports.

"Well, you know, there's a double-occupancy cell with Hillary Clinton," Cruz said at a rally in Georgetown, Texas, north of Austin, alongside fellow Sen. John Cornyn(R-Texas). He then added: "Y'all are gonna get me in trouble with that."

 

[IATT]

Shocking...


These dudes really need to add to the playbook

 

[whywesteppin]

Is this for employer sponsored plans that provided the funds?

Are you sure this affects employee sponsored plans as well where the employer provides the plan but it’s up the employee to make pretax contribution.

To be honest, I'm not sure. I know it's for the latter at least, where it's a voluntary employee contribution.

 

[whywesteppin]

Someone please try to explain what this tool is saying

To be fair to the killers, that is exactly how I imagine a power would get rid of the Dotard, minus the headphones.

"Dude, pull those out, listening to this ***** squeal makes me happy."

 

[biggie62]

To be honest, I'm not sure. I know it's for the latter at least, where it's a voluntary employee contribution.

I work in tax myself and I haven’t read anything about this from our national office which does all the research for us. Neither has my employer warned us that the benefit is going away at year end.

I did a quick google search and found that the latter is still fine. It’s when the employer funds it where the employer no longer gets a deduction on their tax return.

When the employee funds it with pretax funds it seems okay. Maybe when the treasury department release more guidance we’ll have clarification. Though honestly there are bigger items that need to be clarified before 12/31 than that.

 

[whywesteppin]

I work in tax myself and I haven’t read anything about this from our national office which does all the research for us. Neither has my employer warned us that the benefit is going away at year end.

I did a quick google search and found that the latter is still fine. It’s when the employer funds it where the employer no longer gets a deduction on their tax return.

When the employee funds it with pretax funds it seems okay. Maybe when the treasury department release more guidance we’ll have clarification. Though honestly there are bigger items that need to be clarified before 12/31 than that.

One thing that I missed this morning -- this seems to be for non-profit organizations specifically. Maybe it's all staying the same for for-profits? Apologies for neglecting this when I posted originally.

 

[blastercombo]

The orange clown telling his supporters cult members that dems want to give undocumented immigrants Rolls-Royce

Well, those idiots still believe they’re taking their jobs (the ones they still don’t work as they collect “government help”, totally not welfare).

 

[gry60]

In an emergency stay application, the Justice Department has argued that the planned depositions of Ross and a senior official in Justice's civil rights division represented an unwarranted intrusion into the internal decision-making of the executive branch.

Intrusion by who?

The people the executive branch is supposed to respond to?

In any case, even if they add the citizenship question, the only thing that can do is scare people into inaction. There should/will be a movement to fill the census forms and dare this administration to try and deport all they deem undesirable.

 

[gry60]

 

[gry60]

http://www.fox5atlanta.com/news/i-t...-000-in-insider-loans-to-bank-he-helped-start

Brian Kemp owes more than $800,000 in insider loans to bank he helped start


By: Dale Russell

• 
  Brian Kemp accepts the Republican nomination for Georgia governor following the runoff on July 24, 2018.
  But, we decided to examine some two million dollars’ worth of insider loans Kemp's companies borrowed from a bank he helped start.
  
  It was a financial free fall that America hadn't seen since the 1930's. In 2008 the stock market collapsed. People lost their homes. Massive banks went under. The great recession was underway.
  
  As the financial pain galvanized the country, companies linked to Georgia businessman Brian Kemp's companies, according to land records and candidate filings, began taking car, property, and real estate development loans totaling more than 2 million dollars, from a community bank in Athens Georgia: First Madison Bank and Trust.
  
  It was a bank he knew well. Kemp was a founding board member and a stockholder.
  
  
  Kemp, Abrams neck and neck in governor's race poll
• 
  Abrams defends burning Georgia flag in '92
• 
  Trump endorses Kemp in Georgia governor's race

Kemp is a real estate investor and property manager. According to his financial disclosures, companies linked to Kemp borrowed millions from more than half a dozen banks. But we were curious about the loans with his own bank. These so-called "insider loans", while perfectly legal, are heavily regulated.

“The banks argue this is an opportunity for the bank to have a strong loan on the books,’ says Emory University finance professor Rohan Ganduri.

Ganduri says bank loans to insiders, like Kemp, are governed by Federal Reserve laws. He says some bankers like making these loans to wealthy board members and shareholders since they're good credit risks and wouldn't want to harm the bank. But others worry about insider loans for one main reason.

“There are potential conflicts of interests. The insiders can treat these loans as a private piggy bank,” says Ganduri.

Ganduri says the Federal reserve sets strict requirements that loans be on the same terms a bank would give any other borrower. In short: no special terms or advantages.

So, we asked Brian Kemp's campaign staff to disclose the terms of his insider loans, to see if he was treated just like any other customer. They refused to share the information.

Sarah Henderson, executive director of good government group, Common Cause, says Kemp should discuss his loans.

“If there is nothing that you are hiding that he feel is in bad faith. Discuss it,” says Henderson

Sara Henderson thinks Kemp should explain what kind of deals the bank gave on the money and why it hasn't all been paid it off.

“He's not a private citizen. He's the secretary of state. He has an obligation not only as a candidate, but as a sitting constitutional officer to be transparent with voters of Georgia the citizens of Georgia,” says Henderson.

The two biggest loans made to companies linked to Kemp were made as the economy was collapsing in 2007 and 2008.

“I know for a fact it was very hard to get credit during this time,” says Ganduri.

The first loan was for lake land near the South Carolina border. Kemp is part owner of Shelter Rock which borrowed more than 1.3 million dollars from First Madison Bank in September 2007. The Deed showed the money was to be repaid one year later - in 2008.

But, six years later the bank modified that loan giving Shelter Rock more time.

But, when Kemp filed his 2017 financial disclosure, a decade after the original loan, Shelter Rock still owed the bank $675,938. And today, Kemp is trying to sell lake lots.

“One needs to look at the terms. Terms are very important, says Ganduri. When we pointed out Kemp’s team wouldn't disclose the terms to us, he responded: “Yes. That could be an issue.”

The second loan was made in 2008 to Specialty Stone, a company co-owned by Kemp. Kemp signed the First Madison Bank deed securing the debt. That deed showed the maximum amount the company could borrow on that loan was "Unlimited."

“That's not very typical,” says Ganduri.

Kemp's financial disclosures reflect Specialty Stone borrowed a total $202,662 in August of 2009. The plan was to pay it all back by 2012.

But, Kemp’s latest disclosure shows Specialty Stone still owes First Madison Bank a total of $97,724.

We tried one last time to get answers. Our anchorman, Russ Spencer, sat down to talk with Brian Kemp to talk about the campaign and he asked him about those insider loans.

“Those loans are backed, there are auditors who audit the bank, just like other members of the board of directors with that bank. I do too. But, I have loans with many other banks. There is no insider deal. This is normal business practices,” says Kemp.

But Kemp's campaign staff didn't want any more questions about those loans. Interview over. A bank spokesperson would not comment. So, we don't know the details about Brian Kemp's companies’ insider loans.

 

[IATT]

http://www.fox5atlanta.com/news/i-t...-000-in-insider-loans-to-bank-he-helped-start

Brian Kemp owes more than $800,000 in insider loans to bank he helped start


By: Dale Russell

• 
  Brian Kemp accepts the Republican nomination for Georgia governor following the runoff on July 24, 2018.
  But, we decided to examine some two million dollars’ worth of insider loans Kemp's companies borrowed from a bank he helped start.
  
  It was a financial free fall that America hadn't seen since the 1930's. In 2008 the stock market collapsed. People lost their homes. Massive banks went under. The great recession was underway.
  
  As the financial pain galvanized the country, companies linked to Georgia businessman Brian Kemp's companies, according to land records and candidate filings, began taking car, property, and real estate development loans totaling more than 2 million dollars, from a community bank in Athens Georgia: First Madison Bank and Trust.
  
  It was a bank he knew well. Kemp was a founding board member and a stockholder.
  
  
  Kemp, Abrams neck and neck in governor's race poll
• 
  Abrams defends burning Georgia flag in '92
• 
  Trump endorses Kemp in Georgia governor's race

Kemp is a real estate investor and property manager. According to his financial disclosures, companies linked to Kemp borrowed millions from more than half a dozen banks. But we were curious about the loans with his own bank. These so-called "insider loans", while perfectly legal, are heavily regulated.

“The banks argue this is an opportunity for the bank to have a strong loan on the books,’ says Emory University finance professor Rohan Ganduri.

Ganduri says bank loans to insiders, like Kemp, are governed by Federal Reserve laws. He says some bankers like making these loans to wealthy board members and shareholders since they're good credit risks and wouldn't want to harm the bank. But others worry about insider loans for one main reason.

“There are potential conflicts of interests. The insiders can treat these loans as a private piggy bank,” says Ganduri.

Ganduri says the Federal reserve sets strict requirements that loans be on the same terms a bank would give any other borrower. In short: no special terms or advantages.

So, we asked Brian Kemp's campaign staff to disclose the terms of his insider loans, to see if he was treated just like any other customer. They refused to share the information.

Sarah Henderson, executive director of good government group, Common Cause, says Kemp should discuss his loans.

“If there is nothing that you are hiding that he feel is in bad faith. Discuss it,” says Henderson

Sara Henderson thinks Kemp should explain what kind of deals the bank gave on the money and why it hasn't all been paid it off.

“He's not a private citizen. He's the secretary of state. He has an obligation not only as a candidate, but as a sitting constitutional officer to be transparent with voters of Georgia the citizens of Georgia,” says Henderson.

The two biggest loans made to companies linked to Kemp were made as the economy was collapsing in 2007 and 2008.

“I know for a fact it was very hard to get credit during this time,” says Ganduri.

The first loan was for lake land near the South Carolina border. Kemp is part owner of Shelter Rock which borrowed more than 1.3 million dollars from First Madison Bank in September 2007. The Deed showed the money was to be repaid one year later - in 2008.

But, six years later the bank modified that loan giving Shelter Rock more time.

But, when Kemp filed his 2017 financial disclosure, a decade after the original loan, Shelter Rock still owed the bank $675,938. And today, Kemp is trying to sell lake lots.

“One needs to look at the terms. Terms are very important, says Ganduri. When we pointed out Kemp’s team wouldn't disclose the terms to us, he responded: “Yes. That could be an issue.”

The second loan was made in 2008 to Specialty Stone, a company co-owned by Kemp. Kemp signed the First Madison Bank deed securing the debt. That deed showed the maximum amount the company could borrow on that loan was "Unlimited."

“That's not very typical,” says Ganduri.

Kemp's financial disclosures reflect Specialty Stone borrowed a total $202,662 in August of 2009. The plan was to pay it all back by 2012.

But, Kemp’s latest disclosure shows Specialty Stone still owes First Madison Bank a total of $97,724.

We tried one last time to get answers. Our anchorman, Russ Spencer, sat down to talk with Brian Kemp to talk about the campaign and he asked him about those insider loans.

“Those loans are backed, there are auditors who audit the bank, just like other members of the board of directors with that bank. I do too. But, I have loans with many other banks. There is no insider deal. This is normal business practices,” says Kemp.

But Kemp's campaign staff didn't want any more questions about those loans. Interview over. A bank spokesperson would not comment. So, we don't know the details about Brian Kemp's companies’ insider loans.

 

[IATT]

 

[boris]

It's funny how @dwalk31 and @cocainepriest literally disappeared in the last few days.

I thought we would hear more about that caravan to deflect from the increasingly autocratic statements of their champ.

Speaking of dumb Republicans, I was listening to a report on NPR about the Florida gubernatorial race, and one of those dumb *** Villagers said that Trump "chose" DeSanctis to run for governor. Even the journalist had to remind the audience that elections still exist within the Republican party.

My man dwalk is the only one in this topic that discusses in good-faith. No one has been treated worse or more unfairly than him. He will be back once the libs learn some civility.

 

[Nike Jordan]

Kamala doing numbers in Iowa.

 

[Quincy McCall]

 

[frenchbreadbuilds]

Kamala doing numbers in Iowa.

A Joe Biden-Kamala Harris ticket would do work. I think Kamala is qualified to be at the top of the ticket but I don’t think She could win in America’s climate today. But with joe Biden at the top all sorts of boxes are checked off.

 

[AEA18]

 

[KingdomFlatbush]

I'm cautiously optimistic about the election but I'm worried about voter suppression and other alleged conservative deceptions, both past and present

 

[biggie62]

One thing that I missed this morning -- this seems to be for non-profit organizations specifically. Maybe it's all staying the same for for-profits? Apologies for neglecting this when I posted originally.

Doubt it. Usually it’s the same. I think it’s just no more deduction for the company. Non profits tend to pay less but give perks such as that. For profits will pay more but cut out certain perks.

 

[Cashflow]

 

[Cashflow]

 

[130122]

wonder what cats are gonna say to justify the planting of a bomb in hillary’s home smh

 

[KingdomFlatbush]

This alarms me, to say the least

 

[blastercombo]

Thanks Trump!

 

[blastercombo]

“Worst bombing attempt of all time.”


-Trump