Come for the politics, stay for the snark.

Seems like a complicated subject, have you tried yelling at it?

They want us to be overwhelmed and exhausted. Focus. Resist. Oppose.

Today in our ongoing national embarrassment…

fuckem (in honor of the late great efgoldman)

Sometimes the world just tells you your cat is here.

They love authoritarianism, but only when they get to be the authoritarians.

My years-long effort to drive family and friends away has really paid off this year.

“Facilitate” is an active verb, not a weasel word.

Oppose, oppose, oppose. do not congratulate. this is not business as usual.

In my day, never was longer.

Republicans don’t lie to be believed, they lie to be repeated.

T R E 4 5 O N

I like political parties that aren’t owned by foreign adversaries.

This blog will pay for itself.

“Just close your eyes and kiss the girl and go where the tilt-a-whirl takes you.” ~OzarkHillbilly

If ‘weird’ was the finish line, they ran through the tape and kept running.

Museums are not America’s attic for its racist shit.

When we show up, we win.

Is it irresponsible to speculate? It is irresponsible not to.

Every one of the “Roberts Six” lied to get on the court.

But frankly mr. cole, I’ll be happier when you get back to telling us to go fuck ourselves.

Authoritarian republicans are opposed to freedom for the rest of us.

Dumb motherfuckers cannot understand a consequence that most 4 year olds have fully sorted out.

if you can’t see it, then you are useless in the fight to stop it.

You are here: Home / Economics / C.R.E.A.M. / In Soviet Union, corporation dissolve you

In Soviet Union, corporation dissolve you

by | 43 Comments

This post is in: ,

I’m still getting used to our new banana republic status:

Michael Isikoff finds an even more extreme case today: A Delaware corporation that formed itself gave $1 million to a pro-Mitt Romney super PAC and then dissolved. The PAC says it’s fulfilled its disclosure requirements — with the FEC, not the much toothier IRS. And that seems to be that.

This is more or less how money moves around Russian politics. For all we know, the Delaware corporation is owned by another corporation, registered in the Cayman Islands, with its directors another set of anonymous lawyers. Its money could come from, say, the government of Pakistan, which has recently shown an interest in illegal contributions to American pols.

Reader Interactions

43Comments

  4. 4.

    Villago Delenda Est

    The total lack of any governmental controls over business that prevailed in post Soviet Russia is precisely what our Galtian Overlords want. The ability to exploit without any restraints, legal, moral, or otherwise, on their rapacious greed.

  5. 5.

    Comrade Luke

    I look forward to McMegan using this example when a PAC does something similar for a Democrat 24 years from now.

  6. 6.

    Suffern ACE

    @Villago Delenda Est: I’ve thought that what they want is China, where there is one party who claims to be for the workers, but who’ll decide who gets to be a billionaire and crush anyone who says otherwise.

  13. 13.

    Dennis SGMM

    @rikyrah:

    it could be Al Queda giving Mittens money…and we wouldn’t know.

    Now friends, in an era of globalization why should Americans be the only ones who can buy American politicians? I’d say take it to SCOTUS but this court would decide 5-4 that cash, no matter what its source, has an inalienable right to find its way to politicians pockets.

  14. 14.

    Paul

    A Delaware corporation that formed itself gave $1 million to a pro-Mitt Romney super PAC and then dissolved.

    I love the idea of a corporation that wills itself into existence and then selflessly dissolves back into oblivion for the love of Mittens and, presumably, the greater good.

  16. 16.

    Anne Laurie

    @rikyrah:

    it could be Al Queda giving Mittens money…and we wouldn’t know.

    I thought AQ saved their donations for successful terrorists… like Eric Cantor.

  18. 18.

    aisce

    i don’t know what you wankers are so upset about, this just means that a couple of hedge fundy/lawyer types are too embarrassed to have their names attached to the ol’ mittster.

    feel the mormentum!

  23. 23.

    fuckwit

    In Soviet America, collapse coming soon.

    When the corruption gets this deep, the political system is no longer viable.

    Same shit that happened in Soviet Union, where the system was corrupt and useless and nobody had any respect for it anymore, then it was over.

    We have become a Mafia state.

  26. 26.

    lol

    Someone should ask Mitt Romney about the $1 million donation his SuperPAC received from Pakistani nationals.

  32. 32.

    Xenos

    @Omnes Omnibus:

    I wonder what the purpose of this corporation was listed as in its charter.

    It is a Delaware corporation. Is it even possible to look that up?

    Edit – nevermind. Del apparently does not even ask for anything beyond meaningless boilerplate. Gad I hate Delaware.

  34. 34.

    Xenos

    Now that the race to the bottom is complete, sure, Delaware has a lot of company.

    Did you say somewhere you were opening a new business?

  36. 36.

    burnspbesq

    @Xenos:

    Opening my own practice on 9/1. Will continue to specialize in international tax planning, transfer pricing, and tax controversies.

  37. 37.

    Xenos

    @burnspbesq: Good luck!

    I was going to mention that a big biglaw here in Luxembourg is quietly but desperately trying to hire in your specialty, and you might want to think about being paid in Euros. But it sounds like you are getting what you want where you are.

  39. 39.

    Xenos

    Christine Lagarde’s old firm, out of Chicago. In my household, they are the competition.

Comments are closed.