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10/06/2004 01:29:28 PM · #26 |
Originally posted by MadMordegon:
Read that article louddog. Even though Cheney meant factcheck.org (obviously), factcheck.org does not defend the question Edwards posted to him. Just another mislead and distraction. |
Your article led me here (follow the links): //www.georgewbush.com/KerryMediaCenter/Read.aspx?ID=3784
Which says:
8. FactCheck.Org: "[Edwards] Implied That Cheney Was In Charge Of [Halliburton] When It Did Business With Libya In Violation Of US Sanctions, But That Happened Long Before Cheney Joined The Company."
("Cheney & Edwards Mangle Facts," FactCheck.org, 10/6/04, Available At //www.factcheck.org/article.aspx?docID=272, Accessed 10/6/04)
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10/06/2004 01:32:54 PM · #27 |
I'll post all of it:
Fact Sheet: John Edwards' At Least 15 Inaccurate Statements Last Night
1. Edwards Repeated Kerry's False Claim That $200 Billion Has Been Spent In Iraq When In Fact "The Cost Of The War To Date Has Been Slightly More Than $120 Billion." (Janet Hook, "Rivals' Bold Assertions Are Debatable," Los Angeles Times, 10/6/04)
2. FactCheck.Org: "Edwards Falsely Claimed The Administration 'Lobbied The Congress' To Cut The Combat Pay Of Troops In Iraq, Something The White House Never Supported." ("Cheney & Edwards Mangle Facts," FactCheck.org, 10/6/04, Available At //www.factcheck.org/article.aspx?docID=272, Accessed 10/6/04)
3. Edwards' False Assertion That The Administration "Sent 40,000 American Troops Into Iraq Without The Body Armor They Needed" Has Been Refuted By Vice Chairman Of The Joint Chiefs Of Staff Gen. Peter Pace Who Said "Every Soldier And Marine On The Ground Had Body Armor." (Calvin Woodward, "Cheney, Edwards Stretch Findings, Facts," The Associated Press, 10/6/04)
4. According To The Associated Press, Edwards' Attacks On Halliburton Contracts In Iraq Not Accurate Because "Congressional Auditors Recently Concluded U.S. Officials Met Legal Guidelines In Awarding" No-Bid Contracts. (Calvin Woodward, "Cheney, Edwards Stretch Findings, Facts," The Associated Press, 10/6/04)
5. According To The Washington Post, Edwards' Claim That Millionaires Pay A Lower Tax Rate Than The Men And Women Serving In Iraq Is False. "Edwards asserted that 'millionaires sitting by their swimming pool â€Â¦ pay a lower tax rate than the men and women who are receiving paychecks for serving' in Iraq. President Bush last year cut the tax rate on dividends to 15 percent, whereas most soldiers would be in a 15 percent tax bracket -- and pay an effective rate much less after taking deductions for children and mortgages." (Glenn Kessler And Jim VandeHei, "Misleading Assertions Cover Iraq War And Voting Records," The Washington Post, 10/6/04)
6. According To The Associated Press, Edwards Falsely Claimed There Was No Connection Between Iraq And Al Qaeda, When A Recent Senate Intelligence Committee Report Concluded "That The CIA Was Reasonable In Thinking There Were Probably Several Contacts" Between The Two. (Calvin Woodward, "Cheney, Edwards Stretch Findings, Facts," The Associated Press, 10/6/04)
7. Edwards Falsely Claimed That The U.S. Has Absorbed 90 Percent Of The Casualties In Iraq, When In Fact The Wall Street Journal Puts U.S. Casualties Closer To 50 Percent When You Include Iraqis Helping To Secure Their Own Country. "Our uniformed Iraqi allies, however, have already suffered at least 750 combat deaths. And that doesn't include the recruits who've been killed by car bombs as they've waited to enlist in the police or new Iraq army. Even using, er, liberal math, this would put U.S. killed-in-action at about 50% of the total." (Sen. John Edwards, Vice Presidential Debate, Cleveland, OH, 10/5/04; Editorial, "Our Kerry Iraq Guide," The Wall Street Journal, 9/30/04)
8. FactCheck.Org: "[Edwards] Implied That Cheney Was In Charge Of [Halliburton] When It Did Business With Libya In Violation Of US Sanctions, But That Happened Long Before Cheney Joined The Company." ("Cheney & Edwards Mangle Facts," FactCheck.org, 10/6/04, Available At //www.factcheck.org/article.aspx?docID=272, Accessed 10/6/04)
9. FactCheck.Org: Edwards' Claim That No Child Left Behind (NCLB) Funding Is "$27 Billion Short" Is Wrong When "In Fact, Overall Federal Funding For Education Grew 58% In Bush's First Three Years." ("Cheney & Edwards Mangle Facts," FactCheck.org, 10/6/04, Available At //www.factcheck.org/article.aspx?docID=272, Accessed 10/6/04)
10. Despite Edwards' Assertion, President Bush "Simply Endorsed" An Amendment That Had Already Been Introduced On Capitol Hill, He Did Not Propose A Constitutional Amendment On Gay Marriage. (Glenn Kessler And Jim Vandehei, "Misleading Assertions Cover Iraq War And Voting Records," The Washington Post, 10/6/04)
11. According To The Washington Post, Edwards "Misleadingly Charged That The Bush Administration Is 'For Outsourcing Of Jobs.'" (Glenn Kessler And Jim VandeHei, "Misleading Assertions Cover Iraq War And Voting Records," The Washington Post, 10/6/04)
12. Edwards Inaccurately Claimed Kerry Voted Or Cosponsored 600 Tax Cuts. The reality is, since joining the Senate in 1985, only 5 of Kerry's own bills have become law, and none were tax bills. Tax bills Kerry has voted for include votes for Democrat alternative "tax cuts" like a 2001 vote that provided $747 billion less in tax relief. The fact is Kerry voted for higher taxes 350 times, including 98 times for tax increases totaling more than $2.3 trillion and at least 126 times against tax cuts totaling more than $5.3 trillion. (Sen. John Edwards, Vice Presidential Debate, Cleveland, OH, 10/5/04; H.R. 1836, CQ Vote #119: Rejected 35-64: R 0-49; D 35-15, 5/21/01, Kerry Voted Yea; Senate Republican Policy Committee, "Tax Relief Act/Deny All Tax Relief Except For A 10-Percent Bracket," 5/21/01)
13. FactCheck.Org: Edwards' Job Figures "Omit The Growth In Employment By Federal, State And Local Governments. The Net Loss In Total Employment Is Actually 913,000 As Of August, The Most Recent Figures Available." ("Cheney & Edwards Mangle Facts," FactCheck.org, 10/6/04, Available At //www.factcheck.org/article.aspx?docID=272, Accessed 10/6/04)
14. Edwards Falsely Claimed He Believed John Kerry Has Been Consistent From The Beginning On The War On Terror, When During The Democrat Presidential Primary, Edwards Slammed Kerry As Inconsistent On The War. During the debate Edwards said, "John Kerry has been absolute - absolutely clear and consistent from the beginning that we must stay focused on the people that attacked us." But during the Democratic primaries: "Edwards, on ABC's 'This Week,' was asked about Kerry's explanations of his vote for the resolution authorizing President Bush to go to war in Iraq. 'He's not been clear to me,' Edwards said. 'I think he's said some different things at different points in time. So I think there's been some inconsistency.'" (Sen. John Edwards, Vice Presidential Debate, Cleveland, OH, 10/5/04; Dan Balz and Paul Schwartzman, "Reinforcements Rally For Frantic Final Push," The Washington Post, 1/26/04)
15. Edwards Repeated Kerry's Exaggerated And False Claim Of Saying "We Had Osama Bin Laden Cornered At Tora Bora," When FactCheck.org Already Said Kerry "Overstates The Case." (Sen. John Edwards, Vice Presidential Debate, Cleveland, OH, 10/5/04; "Distortions And Misstatements At First Presidential Debate," FactCheck.org, 10/1/04, //www.factcheck.org/article.aspx?docID=271, Accessed 10/1/04)
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10/06/2004 01:52:54 PM · #28 |
I cant load factcheck.org right now (its getting pounded) but those 15 statements come from the Bush website, not factcheck.org.
You will find many more rebuttles along with statements from almost every US news source here, John Kerry's website. (very long page)
This was one of my favorite of Cheney's lies:
CHENEY: "I have not suggested there's a connection between Iraq and 9/11." – Dick Cheney [Presidential Debates, 10/5/04]
LOL oh that's rich.
Message edited by author 2004-10-06 13:55:10. |
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10/06/2004 02:04:25 PM · #29 |
| It just loaded :o article here: //www.factcheck.org/article.aspx?docID=272 though good luck loading it. |
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10/06/2004 02:34:44 PM · #30 |
Originally posted by Anachronite:
hope in the form of an ambulance chasing laywer? what a dark day for America if that happens... I would be ashamed to admit he was our Vice President... |
What the heck?! Many distinguished and capable politicians began their careers as lawyers and I certainly am not ashamed to admit what I do for a living, even if it was to be a personal injury lawyer.
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10/06/2004 02:39:26 PM · #31 |
Cheney kicked Edwards whiney lawyer butt all over that stage last night. Cheney was a man both in charge of the facts, as well as capable of providing thoughtful analysis to back up his positions. Edwards showed himself for the shallow, stuffed shirt shyster he is. He could only spew out canned talking points, and when corrected or proven wrong, he had no backup plan. He couldn't follow the rules or the format, repeatedly talking out of turn. He dodged questions and kept ignoring the current question in order to go back and lob lies in ways to try to keep Cheney from being able to respond. Yet Cheney still refuted most every lie with grace and poise.
My favorite example of Edwards inability to think beyond his canned talking points: Though instructed specifically not to mention the top of the ticket in one of the last questions, he failed to follow those instructions repeatedly. It wasn't in his script.
My favorite Edwards lie: John Kerry and I won't lie to you. |
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10/06/2004 02:42:06 PM · #32 |
Originally posted by MadMordegon:
This was one of my favorite of Cheney's lies:
CHENEY: "I have not suggested there's a connection between Iraq and 9/11." – Dick Cheney [Presidential Debates, 10/5/04] |
Prove it. And forget the Meet the Press misquote from last September. I heard the whole response, in context, this morning, and he never connects the two. In fact, he specifically stated that he was not saying that.
So the worst lie Cheney told was not, in fact, a lie, then that only leaves one liar on the stage last night... |
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10/06/2004 02:43:26 PM · #33 |
Originally posted by frisca:
Originally posted by Anachronite:
hope in the form of an ambulance chasing laywer? what a dark day for America if that happens... I would be ashamed to admit he was our Vice President... |
What the heck?! Many distinguished and capable politicians began their careers as lawyers and I certainly am not ashamed to admit what I do for a living, even if it was to be a personal injury lawyer. |
Stepping away from politics: It's lawyors like Edwards that make me sick. |
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10/06/2004 02:45:48 PM · #34 |
Originally posted by Russell2566:
Originally posted by frisca:
Originally posted by Anachronite:
hope in the form of an ambulance chasing laywer? what a dark day for America if that happens... I would be ashamed to admit he was our Vice President... |
What the heck?! Many distinguished and capable politicians began their careers as lawyers and I certainly am not ashamed to admit what I do for a living, even if it was to be a personal injury lawyer. |
Stepping away from politics: It's lawyors like Edwards that make me sick. |
Well, if you disagree with Mr. Edwards as a person and you feel he doesn't conduct his business in way that you would or in a way you approve of, why paint ALL lawyers, or even all personal injury lawyers with the same brush? Its a thankless and often poor paying job to be the champion of the common person in the face of big insurance companies.
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10/06/2004 02:55:22 PM · #35 |
Originally posted by frisca:
Well, if you disagree with Mr. Edwards as a person and you feel he doesn't conduct his business in way that you would or in a way you approve of, why paint ALL lawyers, or even all personal injury lawyers with the same brush? Its a thankless and often poor paying job to be the champion of the common person in the face of big insurance companies. |
Frisca, I can't speak for anyone but me, but Edwards is not a "champion of the common person in the face of big insurance companies." Here in NC, he earned the reputation as "ambulance chaser" by seeking out families of children with disabilities, and only took the cases he felt he could win -- and win big on. If he was a champion of the common person, which I hope you and others are, his "fees" certainly made him into something other than a common person himself. His was definitely not one of the poor paying jobs. :-)
Also, I didn't see that Scott (I think it was) was painting all lawyers like that -- just Edwards (and those few that conduct their business like him), because, to my knowledge, he is the only lawyer currently on the ticket for VP.
Message edited by author 2004-10-06 14:57:35. |
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10/06/2004 03:17:17 PM · #36 |
Originally posted by Russell2566:
Stepping away from politics: It's lawyors like Edwards that make me sick. |
It's irresponsible lying men, like Mr. Bush and Mr. Cheney, that have lead our nation into a war under false pretenses. A war that has cost thousands of lives; a war that has cost the hard fought respect of many nations and peoples around the world; a war that has cost billions of dollars to the American people. When placed on a scale, I would rather have an honorable lawyer, like Mr. Edwards, that's fought for the wrongly injured, as a vice president; rather than the current vice president, whom continues to lie about connections between Al Queda and Iraq simply to justify what is increasingly seen as the wrong war.
Message edited by author 2004-10-06 15:19:25.
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10/06/2004 03:25:09 PM · #37 |
I made my decision some time ago who I plan to vote for...as far as I'm concerned the debates are worthless. On one hand there is a second generation president who won by having his brother use his position in Florida to make votes disappear. On the other hand there is a canidate who can't make up his mind on anything and swings with the popular opinion. Then add a vice president canidate who really can't even debate an issue and there is a vice president canidate who isn't all that bad to look at. LOL there ya have it...I'm voting for the good looking vice president...
All joking aside the debates aren't changing my vote one bit. I decided over a year ago no matter who was running for president I wouldn't be voting the Bush ticket. I don't think he knew what he was doing then and still today he has no clue, I'm voting for the lesser of two evils...and yeah the ticket with the good looking vice presidental canidate...at least when you are throwing darts at his picture in 2 years time it will be something good looking to throw at.
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10/06/2004 03:39:10 PM · #38 |
Originally posted by bdobe:
Originally posted by Russell2566:
Stepping away from politics: It's lawyors like Edwards that make me sick. |
It's irresponsible lying men, like Mr. Bush and Mr. Cheney, that have lead our nation into a war under false pretenses. A war that has cost thousands of lives; a war that has cost the hard fought respect of many nations and peoples around the world; a war that has cost billions of dollars to the American people. When placed on a scale, I would rather have an honorable lawyer, like Mr. Edwards, that's fought for the wrongly injured, as a vice president; rather than the current vice president, whom continues to lie about connections between Al Queda and Iraq simply to justify what is increasingly seen as the wrong war. |
OMG! Get me a barf bag, cause this is getting nausiating! Edwards lawsuits, based on faulty "junk" science (again, he won cases, just like he's trying to win this campaign, by being able to appeal to sentiment with sensationalized, faulty "facts"), have cost doctors millions of dollars, have cost the lives of mothers who were forced by their doctors to get caesarian sections for no other reason than fear of being sued, and have driven doctors out of business, further endangering expecant mothers by causing a shortage of adequate providers. Then Edwards took that money, set up a dummy corporation, and used it to shelter hundreds of thousands of dollars in taxes. Then he has the gall to campaign against "evil" corporations that don't pay their fair share in taxes.
WHAT A HYPOCRIT!!! |
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10/06/2004 03:47:22 PM · #39 |
Originally posted by bdobe:
It's irresponsible lying men, like Mr. Bush and Mr. Cheney, that have lead our nation into a war under false pretenses. |
If you have ANY evidence that they lied you might want to call up Mr. Kerry, cause he desperatly needs the help.
Originally posted by bdobe:
A war that has cost thousands of lives |
How about the millions it has saved? Maybe WWI and WWII were bad ideas. I mean shit more people died in one day than in the entire Iraq AND Afgan war.
Originally posted by bdobe:
a war that has cost the hard fought respect of many nations and peoples around the world |
Name me a country that we LOST respect from. Losing respect means it had to be there to begin with... I'm sure there are a couple I can't think of, but you know what, GOOD... I don't want ANY president making judgment calls for our country on that magnitude based on what France, Germany, Russia (who all had mostly illegal business deals going on with Saddam), Canada or Mexico thinks. Fuck-em, when the shit hits the fan the US steps up. Grow some balls, it comes with consequences (sp?)...
Originally posted by bdobe:
I would rather have an honorable lawyer, like Mr. Edwards, that's fought for the wrongly injured |
Edwards may be a lot of things, maybe even a good VP, but an honorable lawyer fighting for the little people he is not. When it comes to his past as a lawyor he is a scumbag...
Originally posted by bdobe:
rather than the current vice president, whom continues to lie about connections between Al Queda and Iraq simply to justify what is increasingly seen as the wrong war. |
You know your right. Al Queda was in every surrounding country in the middle east and receiving support from the local governments EXCEPT for Iraq and Saddam. Because one of the biggest funders of terrorism in the area wouldn't have had anything to do with the likes of them.
AND
I don't think Saddam had anything to do with 9/11, and I never really did. Rumor has it this is a war on Terrorism. Edwards and Kerry repeatidly making comments to the idea that we should ONLY BE ALLOWED TO FIGHT Al Queda does nothing but bolden the fact that they are not the men for the job. They don't and never will have the balls to fight the war on terrorism. To me that is more important than almost anything else. |
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10/06/2004 04:06:06 PM · #40 |
Russell2566,
I love how you consistently rely on this line:
Originally posted by Russell2566:
Grow some balls, it comes with consequences (sp?)... |
It seems that on every thread that you participate in you constantly resort on this limp rhetorical crutch.
Yet, on the Assault Weapons Ban Thread, where you so feverishly pitch your bravado defending your so-called right to run around the backwoods like a wannabe Rambo blowing cardboard cutouts up, I posed this question: If you want to truly appreciate the power of an assault weapon, join the military -- where you'll get to blow tons of things up (some live things, too; given we're in a war).
And speaking of wars, just like the Chicken hawks of the current administration, when they had the chance to fight their own wars, they didn't; but, of course, they are perfectly willing to let others die for their vision of the world. So, will you follow in the footsteps of the Chicken hawks of the current administration? You seem to be a strong advocate of the Iraq war, so perhaps you need to join the ranks of those on the frontline, and not let others fight your wars.
I and many others have already worn our nation's uniform, perhaps it's your turn to join our ranks.
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10/06/2004 04:15:18 PM · #41 |
Originally posted by Russell2566:
Originally posted by bdobe:
It's irresponsible lying men, like Mr. Bush and Mr. Cheney, that have lead our nation into a war under false pretenses. |
If you have ANY evidence that they lied you might want to call up Mr. Kerry, cause he desperatly needs the help.
Originally posted by bdobe:
A war that has cost thousands of lives |
How about the millions it has saved? Maybe WWI and WWII were bad ideas. I mean shit more people died in one day than in the entire Iraq AND Afgan war.
Originally posted by bdobe:
a war that has cost the hard fought respect of many nations and peoples around the world |
Name me a country that we LOST respect from. Losing respect means it had to be there to begin with... I'm sure there are a couple I can't think of, but you know what, GOOD... I don't want ANY president making judgment calls for our country on that magnitude based on what France, Germany, Russia (who all had mostly illegal business deals going on with Saddam), Canada or Mexico thinks. Fuck-em, when the shit hits the fan the US steps up. Grow some balls, it comes with consequences (sp?)...
Originally posted by bdobe:
I would rather have an honorable lawyer, like Mr. Edwards, that's fought for the wrongly injured |
Edwards may be a lot of things, maybe even a good VP, but an honorable lawyer fighting for the little people he is not. When it comes to his past as a lawyor he is a scumbag...
Originally posted by bdobe:
rather than the current vice president, whom continues to lie about connections between Al Queda and Iraq simply to justify what is increasingly seen as the wrong war. |
You know your right. Al Queda was in every surrounding country in the middle east and receiving support from the local governments EXCEPT for Iraq and Saddam. Because one of the biggest funders of terrorism in the area wouldn't have had anything to do with the likes of them.
AND
I don't think Saddam had anything to do with 9/11, and I never really did. Rumor has it this is a war on Terrorism. Edwards and Kerry repeatidly making comments to the idea that we should ONLY BE ALLOWED TO FIGHT Al Queda does nothing but bolden the fact that they are not the men for the job. They don't and never will have the balls to fight the war on terrorism. To me that is more important than almost anything else. |
Very well said.
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10/06/2004 05:11:18 PM · #42 |
Originally posted by ScottK:
Then Edwards took that money, set up a dummy corporation, and used it to shelter hundreds of thousands of dollars in taxes. Then he has the gall to campaign against "evil" corporations that don't pay their fair share in taxes.
WHAT A HYPOCRIT!!! |
Scott, what dummy corporation did Edwards set up to shelter money? |
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10/06/2004 05:15:05 PM · #43 |
| I would like for the conservative posters in this thread to please post more specifics about the corruption that Kerry/Edwards have partaken in during their careers. I know that I can find lots articles on corruption in for Bush/Cheney and the other cohorts in all of their careers. |
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10/06/2004 05:23:42 PM · #44 |
| We can start with what Bush did in 1990 at Harken Energy. Or maybe we should start with the Bush family and how dubya's father was, as VP for Reagan, heavily involoved with Iran/Contra. Or how about how while CEO of Halliburton, Cheney actively sold oil drilling equipment to Iraq when it was prohibited to do so. We can also take a look at the 61 million dollars in overcharges that Halliburton has recently charged the government for it's "work" in Iraq. Maybe we should look at Dubya's brothers, who have benefited greatly from the Savings & Loan scandal of the 80's, while others lost their shirts. Or should we start to look at the Bush family connections with Saudi bankers who were directly involved with BCCI (the Bank of Commerce & Credit...also known as the Bank of crooks and Criminals). Should we take a look at the corporations who received government contracts to rebuild Iraq after the 2003 war? I know a few of them, including Cheney's Halliburton, were heavy duty campaign contributers to the 2000 Bush/Cheney ticket. I could go on and on and on... |
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10/06/2004 05:35:31 PM · #45 |
Originally posted by Olyuzi:
I would like for the conservative posters in this thread to please post more specifics about the corruption that Kerry/Edwards have partaken in during their careers. I know that I can find lots articles on corruption in for Bush/Cheney and the other cohorts in all of their careers. |
The problem is whenever "proof" is presented (for either side) the other side claims bias and nothing is ever solved. I am looking (trying to find a source "acceptable" to you, but since I was supposed to leave work 1/2 hour ago, and I still have work to do, you may have to wait until tomorrow. |
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10/06/2004 05:42:16 PM · #46 |
Originally posted by MadMordegon:
Even if your theory is true, it wouldn’t have been completed this fast. It takes 24-48 hours for a redirect to propagate throughout the internet or an IP/DNS change. So, no. |
IP changes are typically immediate unless a particular user's ISP has the addresses cached. It is only the pointers to the main DNS servers for a domain that take 72 hours to propagate.
-Terry
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10/06/2004 05:45:30 PM · #47 |
Originally posted by karmat:
Originally posted by Olyuzi:
I would like for the conservative posters in this thread to please post more specifics about the corruption that Kerry/Edwards have partaken in during their careers. I know that I can find lots articles on corruption in for Bush/Cheney and the other cohorts in all of their careers. |
The problem is whenever "proof" is presented (for either side) the other side claims bias and nothing is ever solved. I am looking (trying to find a source "acceptable" to you, but since I was supposed to leave work 1/2 hour ago, and I still have work to do, you may have to wait until tomorrow. |
Furthermore, the problem is also that people are not going to base their vote on a laundry list of alleged grievances -- neither side is going base their vote and support for the candidates on such a list. So, ultimately, it's pointless. Various people on this board have already said that their mind's made up, and that it would require an EXTRAORDANARY event to budge them from voting one way or another.
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10/06/2004 06:01:50 PM · #48 |
Originally posted by Olyuzi:
Originally posted by ScottK:
Then Edwards took that money, set up a dummy corporation, and used it to shelter hundreds of thousands of dollars in taxes. Then he has the gall to campaign against "evil" corporations that don't pay their fair share in taxes.
WHAT A HYPOCRIT!!! |
Scott, what dummy corporation did Edwards set up to shelter money? |
Though you'll probably yell "Unreliable Source", Robert Novak reported it last March in his article here
An exerpt:
"At 9 a.m. on June 28, 1995, articles of incorporation were filed with the North Carolina Secretary of State for John R. Edwards, P.A. (professional association), of Raleigh, N.C. The new corporation was authorized to issue 100,000 shares of common stock -- all owned by Edwards, who is its only employee. This is a classic Subchapter "S" corporation devised to shelter income, mainly for professionals such as lawyers (and also syndicated columnists, but not me). It is one of the last loopholes left in the Internal Revenue Code, and it is a big one.
Edwards put his own little corporation to good use in his last two years as a multi-millionaire personal accident lawyer before becoming a full-time politician. He paid himself salaries of $600,000 in 1996 and $540,000 in 1997, on which he paid Medicare taxes. As the sole stockholder, Edwards received dividends of $5 million for each of those years -- all of it free from Medicare taxes. That saved the future senator around $290,000"
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10/06/2004 06:13:49 PM · #49 |
Originally posted by RonB:
Originally posted by Olyuzi:
Originally posted by ScottK:
Then Edwards took that money, set up a dummy corporation, and used it to shelter hundreds of thousands of dollars in taxes. Then he has the gall to campaign against "evil" corporations that don't pay their fair share in taxes.
WHAT A HYPOCRIT!!! |
Scott, what dummy corporation did Edwards set up to shelter money? |
Though you'll probably yell "Unreliable Source", Robert Novak reported it last March in his article here
An exerpt:
"At 9 a.m. on June 28, 1995, articles of incorporation were filed with the North Carolina Secretary of State for John R. Edwards, P.A. (professional association), of Raleigh, N.C. The new corporation was authorized to issue 100,000 shares of common stock -- all owned by Edwards, who is its only employee. This is a classic Subchapter "S" corporation devised to shelter income, mainly for professionals such as lawyers (and also syndicated columnists, but not me). It is one of the last loopholes left in the Internal Revenue Code, and it is a big one.
Edwards put his own little corporation to good use in his last two years as a multi-millionaire personal accident lawyer before becoming a full-time politician. He paid himself salaries of $600,000 in 1996 and $540,000 in 1997, on which he paid Medicare taxes. As the sole stockholder, Edwards received dividends of $5 million for each of those years -- all of it free from Medicare taxes. That saved the future senator around $290,000" |
Please explain to me what the crime is here and how much money did Edwards gain from this corporation. Was it an illegal corporation? I'm just pleading ignorance here :) |
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10/06/2004 06:26:25 PM · #50 |
Well Ron,
You at least got this part right:
Originally posted by RonB:
Though you'll probably yell "Unreliable Source", Robert Novak reported... |
This is the same Robert Novak that's at the center of a Department of Justice investigation for serving as a Bush Administration tool in the leak of the identity of an undercover CIA operative:
The "senior administration official" is not the original leaker who first told columnist Robert Novak that Wilson’s wife, Valerie Plame, was a CIA "operative" specializing in weapons of mass destruction. That as-yet-unidentified official remains the target of Justice Department investigators who today are awaiting stacks of White House records—including phone logs, e-mails and other material relating to the possible dissemination of information about Wilson and his undercover spouse.
-- //msnbc.msn.com/id/3158220/
Message edited by author 2004-10-06 18:28:05.
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