Come for the politics, stay for the snark.

Jack be nimble, jack be quick, hurry up and indict this prick.

It’s easy to sit in safety and prescribe what other people should be doing.

In my day, never was longer.

You’re just a puppy masquerading as an old coot.

Someone should tell Republicans that violence is the last refuge of the incompetent, or possibly the first.

If you’re pissed about Biden’s speech, he was talking about you.

The new republican ‘Pastor’ of the House is an odious authoritarian little creep.

When we show up, we win.

I’d like to think you all would remain faithful to me if i ever tried to have some of you killed.

Fight them, without becoming them!

Shallow, uninformed, and lacking identity

Their boy Ron is an empty plastic cup that will never know pudding.

“Why isn’t this Snickers bar only a nickle?”

Something needs to be done about our bogus SCOTUS.

It’s time for the GOP to dust off that post-2012 autopsy, completely ignore it, and light the party on fire again.

No one could have predicted…

Come on, media. you have one job. start doing it.

So it was an October Surprise A Day, like an Advent calendar but for crime.

When do the post office & the dmv weigh in on the wuhan virus?

An unpunished coup is a training exercise.

Do not shrug your shoulders and accept the normalization of untruths.

And so it is for the politically and morally bankrupt Kevin McCarthy.

We still have time to mess this up!

Roe isn’t about choice, it’s about freedom.

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

In Soviet Union, corporation dissolve you

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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.

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