The Clintons Accused Of More Shady Financial Dealings As Their Offshore Investment Fund Is Shutdown In Colombia

Hillary Clinton, Bill Clinton and daughter Chelsea Clinton

Presidential candidate, Hillary Clinton and her husband, former U.S. President, Bill Clinton, are mired in controversy this week, as their offshore company Fondo Acceso, was shut down in Colombia for operating as an unregistered private equity fund. A report on the Washington Free Beacon website reveals the company was "not registered as a private equity fund in the country, which may have allowed it to avoid certain industry regulations and oversight from the Colombian government."

The site also further states, "Fondo Acceso is registered in Colombia as a 'simplified stock corporation' which legal experts said precludes it from doing business as a private equity fund." Fondo Acceso had $20,000,000 in funds and branded itself a "private equity fund." In what also looks quite shady, the unregistered, private equity fund that kept the identity of its owners hidden (the Clintons) was run out of a Bogotá, Colombia office, when the Clintons' actual office is in New York.

This brings to memory the recent September 29, 2015 Judiciary Report article "Bill Clinton And Hillary Clinton Accused Of Hiding Money As $50 Million Disappears" which carried a report from the Forbes website  regarding the Clintons missing or hidden money. As stated in the column years ago, an investigation revealed the Clintons hiding money in the Cayman Islands.

STORY SOURCE

Clinton Foundation’s Colombian ‘Private Equity Fund’ Was Unregistered

Company’s website removed from internet after Thursday report

November 23, 2015 5:00 am - The Clinton Foundation’s Colombia-based investment company was not registered as a private equity fund in the country, which may have allowed it to avoid certain industry regulations and oversight from the Colombian government. Although Fondo Acceso described itself as a “Private Equity Fund” in company promotional materials and business presentations, it is not listed in a database of current or previously registered private equity funds maintained by the Colombian government.

Colombian legal experts consulted by the Free Beacon said that Fondo Acceso did not appear to have violated any laws by calling itself a private equity fund, as long as it was not doing so while trying to raise capital. According to its corporate records, Fondo Acceso is registered in Colombia as a “simplified stock corporation,” which legal experts said precludes it from doing business as a private equity fund.

Fondo Acceso’s website was also removed from the internet this week, shortly after the Washington Free Beacon reported that the $20 million investment firm was owned by the Clinton Foundation and was run out of the foundation’s office in Bogota... 

 

http://freebeacon.com

Beware Of Investment Scammers Who Prey On The Public

There are many legitimate investment companies in the world dedicated to growing people's wealth. However, there are some who are individuals secretly operating as thieves, fraudsters and con artists. They sell the public a dream and use their own lives as a so-called example of how you can achieve wealth. They prey on the public's desire for a better life and financial stability. They show off their luxury home, vehicle and designer clothes as proof they are good with money and can be entrusted with yours. However, some are using investor money to pay for the luxury items they flash to the public and are living on maxed out credit cards.

When you invest with a scammer, easy money may roll in at first, but if it is a fraudulent investment scheme, you will get back far less than you put in. Additionally, a situation could arise where prosecutors sue to get back profits you were given that you were not entitled to as the whole thing was a scheme, whether you had knowledge of it or not. Then you will require a lawyer and accrue attorney's fees to get yourself out of the legal mess. Therefore, properly research anyone or company you choose to invest with. Check with regulatory agencies in your nation to ascertain if they are in good standing and lawfully operating. Do internet searches for complaints from consumers. Make sure they have a good reputation before you entrust them with your money.

Be careful investing your money with friends. Some lack the expertise and understanding of the financial markets to truly bring you a good short term and long term return on your investment. If you are going to make a sizeable investment, which is risky, it is better to invest with wealthy companies that have a proven track record (because if they make reckless choices, which is not the norm, you can sue and there would likely be something you can recoup from their assets). However, at the end of the day, when you invest, you must remember, there is no guaranty you will make money and you could lose all the cash you've invested. Choose wisely.

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Jay Z And Company Overvalued Tidal In Violation Of SEC Rules

Usher, Rihanna, Nicki Minaj, Madonna, Dead5Amu, Kanye West, Jay Z and J Cole (also known as Hollywood's self-professed "Illuminati")

The SEC rules of trade in America states it is illegal to overvalue a company. It misleads the public and potential investors, who could lose their shirts. Rapper Jay Z and Madonna, both U.S. citizens doing business in America, have been greatly overvaluing their failing music streaming company Tidal, in violation of SEC rules. As stated in the column yesterday, Jay Z greatly overvalued former company Rocafella, claiming it was worth $125,000,000 but had to admit the truth when a business newspaper exposed its true worth at $25,000,000.

Jay-Z

Jay Z stated Tidal has 57,000 subscriptions. Each subscription is between $9.99 to $19.99. He has been lashing out against people bashing the company and not supporting it. However, if he indeed had 67,000 subscriptions, the company would not be in the financial trouble it is in with the CEO and nearly two dozen executives running for the exit last month. $670,000 to $1,340,000 per month in revenue. Over the course of one year that would be $8,040,000 to $16,080,000 in revenue per year. That would not be a company in distress. Jay Z just told on himself.

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Rihanna Slammed For Stealing The Song 'B***h Better Have My Money' Which Is The Latest In A Long Line Of Thefts (Audio Comparison)

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Entertainers And Athletes Who Have Been Robbed By Financial Advisers And Managers And How To Avoid The Same

 

Manny Pacquiao

Many entertainers and athletes have been robbed by their financial advisors and managers. This has occurred for various reasons. Sometimes navigating the waters of fame and fortune for the inexperienced, proves too much, so they rely on others, who sometimes turn out to be untrustworthy and unethical. Entertainers and athletes need to be aware of the pitfalls when choosing representation regarding their finances. There are many sharks in the industry who will take advantage of you if they can.

Beloved Filipino boxer, Manny Pacquiao was ripped off by his accountant/financial advisor. Money was stolen and the boxing star’s taxes not paid, putting him in a difficult predicament. The truth came out when his accountant died of a stroke and all the paperwork he hid from Pacquiao revealed the discrepancies in how the star's finances were improperly handled. Pacquiao has since earned millions more from recent fights.

 

Billy Joel

Superstar singer and gifted musician, Billy Joel, responsible for some of the biggest pop hits of the past 30-years, was robbed by his brother-in-law, who acted as a financial manager. Joel’s brother-in-law stole $15,000,000 the star has not recovered to this day. In speaking about the incident during an interview, one can sense the hurt Joel feels that someone close to him betraying him in this manner. 

Steve Harvey

Well-know comedian and talk show host, Steve Harvey, lost millions of dollars when his financial advisor ripped him off and left him owing a massive amount of money in back taxes to the U.S. Internal Revenue Service. His adviser failed to submit tax payments for years and pilfered Harvey's funds as well. Harvey had to greatly increase his workload for a significant period of time to pay the back taxes owed to the government, in a debt that has now been settled.

Jerry Supiran

Former child star, Jerry Supiran, 40, made many appearances on hit shows in the 1980s and early 1990s. He is most famous for his role as Jamie on the 1980s hit sitcom “Small Wonder.” However, a Supiran states a former advisor and a stripper he dated ripped him off, stealing $500,000 of his money. This sent Supiran’s finances into disarray. He tried to find work and was employed as a waiter before the restaurant closed down. In 2012, Supiran ended up homeless. The Judiciary Report has repeatedly warned against dating/marrying promiscuous people and gold diggers. They have bankrupted many people.

 

Gary Coleman

Former child star and actor, the late Gary Coleman, made millions starring on the 1980’s sitcom “Different Strokes” and via related deals. The hit show led to many financial opportunities. However, Coleman’s adoptive parents, as well as a gay Michael Jackson impersonator he began living with, stole his millions. Coleman ended up bankrupt and very bitter. He went from being a top star on television to a security guard in a discount store, where a lady harassed him, resulting in a physical altercation and arrest.

Grace Jones

Legendary model/singer/actress, Grace Jones, ended up bankrupt after her accountant made off with millions of dollars she’d earned in her career. The money was not recovered. Jones began working again, earning more money from various projects. Jones later married a wealthy Englishman and now lives in Britain.

Many entertainers and athletes do not have degrees but there are a few basics that can help keep you on the road to financial freedom and economic stability: 

 

Do not give anyone power of attorney over your finances, as this will grant them the right to spend and move your money around as they see fit. Power of attorney grants them the right to take out small or large, in your name. Power of attorney grants them the right to purchase homes and cars in your name, as well as take out lines of credit and credit cards. 

Be in control of your finances. Sign your own checks to pay bills and to cover other expenses.

Do not give others credit cards/debit cards on your major bank accounts. It is one thing to have a small household account with money in it to pay utility bills, buy groceries, pay the gardener ect. Assigning a debit/bank card on a small account such as this to a parent or spouse to pay household bills is fine (with a limited overdraft). However, the bulk of your money should be in secured, government backed bank accounts that are not accessible to others. 

Buy a house, even a small one, when the financial opportunity presents itself. Buying is better than renting, as that's putting money back into your pocket via home ownership. You can rent a room in the property to someone you know or apply with the local government to add a one bedroom/one bathroom flat/efficiency/in-law quarters in the backyard or onto the home and rent it each month. The rent from a decent flat/efficiency/in-law quarters can pay your mortgage every month over cover 50-70% of it.

Do not overspend. You do not need a million cars and a million pieces of jewelry. You do not need to try to keep up with the Jones or give off a public appearance of great wealth when your bank account reflects otherwise. Live within your means.

Do not overextend yourself. Buying houses, cars and jewelry beyond your financial means and not factoring in additional costs such as real estate taxes, property maintenance and insurance costs can result in foreclosure and property repossession.

Discipline yourself to check the balance on your bank accounts on a regular basis. You can check your balances every few days or weekly. It is your money and financial future. You can take some time out of your day to check what is transpiring with your bank accounts to ensure no identity theft, theft or overpayments have occurred. You'd be surprised how many entertainers and athletes don't know how much money they have and are surprised to find out they are either being robbed, overcharged or taken advantage of.

Go into the bank and talk to them about your finances if there is anything you are unsure of regarding what your accountant and financial advisers are doing in your name.

Learn to save money in government insured savings accounts. You do not have to spend everything you earn every time you get a paycheck. It is inadvisable. Learn to put something aside in a savings account(s).

Put aside money from your paychecks for taxes as well. Speak to a qualified accountant and the government tax collection bureau of your country to find out the tax bracket you fall in regarding the percentage of your income you owe in taxes. Don't hide it from them, as they'll find out anyway. Double check with the government what percent of your income you owe, to verify your accountant is paying the correct amount to the government and not skimming/stealing any of the money, claiming the entire figure went to taxes.

Which brings me to my next point - pay your taxes. World governments will take your possessions and assign penalties in financial fines and interest if you do not remit the money owed. Anyone telling you that you do not have to pay taxes or proposing a tax avoidance scheme to you is sorely misinformed or straight out lying. The government will find out and it will cost you more in financial penalties than you originally owed for trying to dodge paying your taxes in whole or part.   

Avoid risky investments. There are risky financial investments that claim you will become rich overnight, but it is often not so. If it was that easy everyone would do it. Think about that. Do your research before you invest. As the phrase goes, if it sounds too good to be true, it probably is.

Watch out for opportunistic people, both men and women, only after you for your fame and burgeoning bank account. You don't have to be mean to them, just make a mental note of what they are truly like and protect your finances and name, not to mention your heart. Some people have been badly betrayed by people they thought they could trust. At the end of the day, you have to shake it off and move on, realizing some people will tell you (and others) anything you want to hear to get money out of you or use you as a stepping stone to fame and fortune. Learn to be a good judge of character. People who truly care about you won’t want anything from you other than your time.

It's not the best idea to let people know exactly how much money you have to your name. Some, not all people, will become envious and start scheming on ways to get it. Some people will even plan robberies or try to blackmail you. Some women will entrap you with pregnancies in trying to ensure a paycheck until the child is an adult. Others will try to borrow large sums of money and take the position that you funds and they don’t need to repay you when promised or at all. You have nothing to prove to anyone in telling the world exactly how much money you have, as in the past it has proven a risk for many people. 

Try to start a small business. A good business can support you for the rest of your life, beyond your career in entertainment and sports. Do not spend too much money on this endeavor, especially if it will place you in a financially precarious situation regarding your other financial obligations. Do your research. Seek sound legal and business advice. Compare prices for goods and services that are quoted to you, via online searches and asking around.

When signing contracts, make sure you understand what you are signing. Do not sign your financial life away on any document. If you do not understand something that is written in the contract, do not be afraid to ask, even voicing your question in writing to create a paper trail. So if anyone tries anything in the future or tries to claim something other than what you agreed to, you can present the written statements requesting clarification, necessitating the other party to respond in writing and save their answer for future reference. 

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Grant Hill Buys The Atlanta Hawks Basketball Team For $850,000,000

Grant Hill

Former pro-athlete, Grant Hill and his business partner, Tony Ressler, have purchased the Atlanta Hawks basketball team with their investment group. Hill, a graduate of Duke University, played for the NBA teams the Detroit Pistons and Orlando Magic during his tenure as a successful basketball player. Hill also has commercial real estate investments.

 

Grant Hill and Tamia

Hill is married to beautiful, talented singer Tamia and the couple have two daughters. They are a lovely couple who carry themselves well. Much success to Hill and his family on this new venture (even though I want the Miami Heat to clobber the Atlanta Hawks. I'm just saying…).

Hill, like other athletes such as Michael Jordan and Shaquille O’Neal, realized early that it is important to diversify one’s portfolio. The aforementioned athletes did not rely on basketball alone to earn their money and have numerous investments and businesses that are collectively worth $2 billion dollars. It’s nice to see hardworking people become businesspeople and rewarded for their efforts.

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The UK Leaders Debate 2015 And Britain’s Future

2015 UK Leaders Debate

I recently watched the UK Leaders Debate 2015 and it was engaging. The future of Britain looks good. Candidates debated their point of view in vying for the post of Prime Minister of Britain. The United Kingdom has made strides under incumbent David Cameron. The 2008 financial crisis that began in America and spread to many nations, created a significant amount of global economic damage. Cameron made some necessary cuts to stem the damage and return the country to financial growth.

To further these endeavors, a greater return to manufacturing is key. Another area that needs to be addressed is reopening factories that were closed during the financial crisis. Bring them back as new business ventures that will generate revenue from product sales. While Britain may not be able to currently duplicate the absolute low prices of items made in China that we all buy, as said items have proved very useful. Britain can trade on one of its other strengths. For decades items bearing the “Made in Britain” mark carries a level of prestige and name recognition. It’s time to use that again in a wider series of product campaigns. It would also be beneficial to start exporting British culture again on a greater scale.

A small government created committee should be formed, with at least one economic mind present, with corporate experience. Many wealthy foreigners, some of whom are billionaires, live in Britain. Their children also live in Britain and go to school there as well. Therefore, a desire and inclination to further invest in the community one lives likely exists. Britain also has homegrown millionaires and billionaires. A government based investment bureau could serve as a means of pairing such wealthy people with businesspeople, who have proper product ideas and plans and possess the know how to reopen factories.

Tax Incentives For Foreign Businesses

A special tax rate for foreign companies willing to open offices in Britain, would attract new businesses and generate additional revenue. Ireland’s 5% tax rate for foreign businesses has brought in new foreign revenues over the past several years. 

Unused National Resources

England has a significant amount of land that could be used for more farming. In China, business people willing to work the land, are allowed to use government land for free. It has greatly increased Chinese exports and provided well for local families willing to work the land and pay taxes on revenues.

An example of an item that is needed and grows well in Britain are potatoes. There are so many foreign and domestic restaurant and fast food chains in Britain, who use potatoes on a daily basis. Increasing domestic potato farming could generate additional billions in revenues.

The Crown Estate owns many properties in Britain. Local councils also own a number of properties. Britons with sound business plans and even modest savings, should be allowed a few months free rent to establish a viable local businesses and under contract, pay rent beginning in the third or fourth month of occupancy once the venture is up and running.

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CNN States Ebola Caused Major Stock Market Decline Confirming What This Site Previously Stated

U.S. Stock Market

In the October 15. 2014 article “U.S. Stock Market Plunges” the Judiciary Report stated the Ebola cases that surfaced in America caused the stock market to sharply plunge, “The Ebola cases surfacing in America has also impacted the stock market in a negative way.” 

5-days after the Judiciary Report’s aforementioned article, CNN published an article to their website, which ran on television as well, proclaiming the exact same thing, “Fear has returned to Wall Street this fall and at least some of the heightened nervousness can be pinned on Ebola...But Ebola has contributed to the negative psychology that has sent stock prices reeling this month.” 

STORY SOURCE

Ebola is a fear factor for stock market

By Matt Egan @mattmegan5 October 20, 2014: 2:49 PM ET - Fear has returned to Wall Street this fall and at least some of the heightened nervousness can be pinned on Ebola. That's not to say the deadly virus is the number one thing keeping investors awake at night. There's concern about the global economy, deflation in Europe, China's slowing growth and Federal Reserve policy. But Ebola has contributed to the negative psychology that has sent stock prices reeling this month. 

Need proof? The chart below shows how the VIX volatility index has spiked since the summer. At the same time, the number of searches on Bloomberg terminals (a key resource for many investors) for news related to the Ebola outbreak has also skyrocketed. Of course, correlation doesn't imply causality, but it's worth noting.

Ebola is "not by itself directly responsible for everything, but it's obviously making things work," said Dan Greenhaus, chief global strategist at BTIG. ebola volatility The VIX volatility index has clearly been on the rise since July 1. So have searches on Bloomberg terminals for news surrounding the Ebola crisis.

Greenhaus, who published a similar chart in a note to clients Sunday night, said he's noticed a change in how his investor clients have reacted to the Ebola issue. "I saw the progression from curiosity and sideshow to something a little more paramount," he said. "In the context of everything else going on from European weakness to Fed tapering, if you layer on top of that whatever minor chance of a pandemic, you obviously have the recipe for additional volatility."

Turbulence hits stocks: That volatility was on full display last week. The Dow plummeted as much as 460 points on October 15 amid a plethora of concerns, including Ebola, before rebounding sharply. Two days later the Dow surged 263 points -- its second best day of the entire year -- as Wall Street cheered strong corporate report cards.

A sense of calm returned to Wall Street on Monday, with most major U.S. markets climbing cautiously higher. The VIX dropped 11%, putting it on track for a third consecutive down day. There was positive news on the Ebola front as 43 people who were in contact with Ebola patient Thomas Eric Duncan were officially cleared…

The Ebola concerns are not universal among investors. Greenhaus said he's noticed that clients who believe there's a reason to be worried about Ebola are very concerned. But he said those that aren't concerned believe it's a "sideshow, a convenient excuse and stupid it would get brought up at all."

Volatile travel stocks: There's far less debate over what kind of impact Ebola is having on certain corners of the travel and pharmaceutical sectors of the stock market. Just look at the bumpy ride airline investors are experiencing. Shares of Delta Air Lines (DAL) and American Airlines (AAL) have retreated more than 15% from their 52-week highs amid fears a wider Ebola crisis will scare people away from flying.

Cruise operators like Carnival (CCL) and Royal Caribbean (RCL) have also been hit, with their shares tumbling 12% a piece over the past month. On the other hand, investors are betting on which companies will be able to capitalize on Ebola. Shares of Tekmira Pharmaceuticals (TKMR) and other drug makers working on Ebola treatments have shot up in recent months. Lakeland Industries (LAKE), which makes Hazmat suits, has skyrocketed 100% since mid-September.

 

http://money.cnn.com

U.S. Stock Market Plunges 450 Points

U.S. Stock Market

U.S. stocks dropped 450 points today, sending shock waves through Wall Street. It was the worst decline in three years, with many scrambling to save their investments. By the end of trading today, the DOW regained 262 points, after a big rally to boost stocks.

The U.S. economy is still struggling under the weight of unemployment, foreclosures and rising cost of living expenses, hitting people's pocketbooks. The Ebola cases surfacing in America has also impacted the stock market in a negative way. 

The British Economy Is Now 'Bigger Than Any Time In History'

David Cameron

The British economy has rebounded in leaps and bounds, after the financial crisis of 2008. A report in the London Evening Standard stated, “Britain’s economy is bigger than at any point in its history after a 0.8 per cent surge in growth finally lifted GDP above its pre-financial crisis peak. The achievement was hailed as "a major milestone" by Chancellor George Osborne and officially brings to an end the most prolonged slump on record.” 

Prime Minister David Cameron enacted cuts (the Judiciary Report advocated years ago) that were unpopular among some, but the British economy has experienced a turnaround. It would also be beneficial if Britain returned to its factory roots, producing more products on the level it did decades ago. 

Another report online stated London has overtaken New York as the top investment hub. Throughout the crisis, the British currency, the pound, stood strong and the housing market appreciated in value, particularly London, where home prices have reached new heights. 

The Mayor of London, Boris Johnson, has undertaken an initiative to build more housing in the capital to accommodate the demand. Some preservationists are against the plan. However, it is a practical one, as the demand has far exceeded what is currently available. There have also been new calls to expand impressive Heathrow Airport, the behemoth hub that has already undergone expansion to meet the demand.

STORY SOURCE 

British economy bigger than any time in history after 0.8% surge in growth

Published: 25 July 2014 - Updated: 16:21, 25 July 2014 - Britain’s economy is bigger than at any point in its history after a 0.8 per cent surge in growth finally lifted GDP above its pre-financial crisis peak. The achievement was hailed as "a major milestone" by Chancellor George Osborne and officially brings to an end the most prolonged slump on record. The solid rise in the second quarter of the year was in line with City forecasts and means that output is now 0.2 per cent higher than at the start of 2008 when the recession began… 

http://www.standard.co.uk

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Maximize Your Career Opportunities

Maximize your opportunities while you have them. Make the most of your opportunities while they are there. Don't assume they will always be. Accidents, injuries and sales declines have hampered many careers. The key is to make the most of fame while you are on top, taking advantage of sound business opportunities and creating sensible business ventures to set you up for life.

Too often entertainers and athletes waste precious time, relaxing in complacency, believing the fame and opportunities will always be there, but that’s rarely the case. Proper deals need to be sought and struck to create lasting financial success.

Olympic Athletes Should Seek To Make The Most Of Their Money And Career Opportunities

London 2012 Olympics

With the 2012 Olympics in London having drawn to a close, athletes need to think about their futures and financial planning. They need to make the most of the opportunities available to them, by keeping in top physical shape, entering more sporting events to earn income, quickly choosing good product endorsements to capitalize on their Olympic appearances and investing their earnings wisely. If there is time in their schedules, they should also attempt to branch out into other endeavors that can supplement their incomes, as one is only an athlete for so long. 

It's easy to think the money will always be there, but for quite a few people it did not turn out that way. The smartest investment one can make right now, especially if one lives in a nation whose economy is depressed, is purchasing a home. Stay within your income bracket, via what you can comfortably pay for and if you can, find a fixer upper at a lower price. That way, you can have work done on it and end up with equity in the property, if you choose the right renovation projects (kitchen and bathrooms usually bring in the best financial return). If the house in your price range is too small for your long term needs, you can always add a room or two later as your earnings increase.

Avoid risky investments, especially those promising too great a financial return, well above the national and international average. Avoid loaning large sums of money to others, as you may not get it back. Avoid getting into business schemes family or friends with no real experience think is a great idea, but established business principles dictate is likely to fail. Risking your financial future on a hunch someone close to you has can go very wrong.

 

Always put money aside for your taxes in your country of residence, because most governments get hot under the collar when they don't get their money. Be careful accumulating too much debt. Avoid giving others power of attorney over your money and property. Always check your accounts on a regular basis. It may be an inconvenience to read through financial statements, but think of the inconvenience and distress you would experience if someone steals your money and flees town.

Do not give in to the idea that you must have an entourage. Having to pay for food, airfare and hotel for a group of people who may not have your best interests at heart, to appear cool in the press, is costly and can set you up for a fall if someone decides to sell secrets about you or you go bankrupt from bankrolling said posse.  

In matters of love, be careful. Beware of people that are too money oriented (i.e. gold diggers). If someone cares about you, they will not use you or constantly want you to spend lots of money on them. Giving a love interest your debit card, credit card or access to your bank account(s) is not a good idea. And lastly, enjoy this time in your life. Savor it. Do good and productive things that make you happy. 

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Facebook Founder Flees America For Singapore Renouncing His U.S. Citizenship In An Emerging Pattern

Barack Obama

According to mainstream press reports, multi-billionaire, Eduardo Saverin, the man whose mathematical code was used to build social networking website, Facebook, has renounced his U.S. citizenship acquired in 1998 and moved to Singapore. The Academy Award winning film "The Social Network" exposed the fact that Brazilian born Saverin, who moved to America as a teenager, used money from his dad to start Facebook, but was later robbed.

Saverin met Facebook co-founder, Mark Zuckerberg, the face of the company, at Harvard University, where the two were roommates. Saverin later sued Zuckerberg for trying to push him out of Facebook to steal all the profits and credit, which would not have been possible without Saverin's money or mathematical prowess, via a detailed algorithm he authored.

Zuckerberg also stole the idea for the Facebook website from fellow Harvard students, the millionaire Winklevoss twins, who sued him in court. They were given a settlement, nowhere near what they deserved, but this was due to the fact Zuckerberg lied about the value of the company. The case was reopened but corruptly closed by the court.

The brilliant Saverin left America on April 30, 2012, to start a new life in Singapore, opting to invest in Asian markets and live there "indefinitely." Saverin currently has two companies. There is an emerging trend of brilliant businesspeople leaving the United States, to start lives and businesses in other nations, as the financial climate has become very difficult to maneuver, with no support from the court system or federal law enforcement in the event there is a problem.

The Obama Administration has done very little to stem this new "brain drain" from the nation, as he is preoccupied with his "green" religion of solar power and promoting gay marriage. At the end of the day, if the financial sector is not booming, there will be no money for "green" initiatives or anything else. Please understand that and let it sink in. Realize what it means and the risks facing you as a government. No money, no nothing.

These massive deficits cannot continue. This mass unemployment cannot continue. The nation will collapse under this massive debt and unemployment. You are focusing on the wrong things. As a government, you need to get your priorities in order, if America is to enjoy the unprecedented financial prosperity it had in the past. The past 12 years have been nothing but a lamentable downward spiral.

Eduardo Saverin

People give the government advice and they do not listen, running head on into calamity. The Judiciary Report is on the side of truth and it has been sorely absent in the past two administrations. Over the past decade it has eroded the U.S. economy to astonishing degrees.

The Judiciary Report suggested cutting the deficit, the Obama Administration did not do it, which turned out very badly (Obama Calls For Job Summit and GDP Data Shows The Recovery Failed). The Judiciary Report suggested making stimulus tax dollars stretch in creating jobs, the Obama Administration did not do it, which turned out very badly (Obama Calls For Job Summit). The Judiciary Report suggested the Obama Administration avoid solar and nonessential initiatives, the government did not do it, which turned out very badly (Obama Solar Firm Fails Filing For Bankruptcy And Laying Off 1,110 People).

Mark Zuckerberg

The Judiciary Report suggest the Obama Administration allow U.S. corporate giants to repatriate nearly a trillion dollars to American shores, with tax forgiveness, the president didn't do it, which turned out very badly, as all that money is working for foreign economies, not America. The type of interest accruing on that money, giving foreign banks capital to work with and move around, could have benefited America, but as usual, the Obama Administration did not listen.

It would have been better for the U.S. economy had the money been in American banks in the States, because the aforementioned corporate giants lose nothing in keeping the money abroad where it is working for other nations. When they choose banks that do not do business in America, they are not subject to American law and do not have to report anything to the Obama Administration. Thus, there is no fear of legal penalty.

The Social Network" movie

The Obama Administration has made it very difficult to do business in America, but unwisely believes its okay, not processing the fact businesspeople can leave and take billions in assets, projects and ideas with them. Then America loses out, all because of a stubborn, unthinking administration that refuses to make things right in the corporate and legal sectors. It is going to add up.

Life is too short. People don't want to go through all that hassle and harassment, as the Obama Administration has been vindictive. People would rather work peacefully and spend their free time enjoying quality time with their family - not worrying about an administration's unorthodox and sometimes unlawful maneuvers, plotting and interfering in their businesses. The American people are going to hold Obama accountable for said "brain drain." So will history.

 

Bill Clinton

It is being reported that fellow Democrat and former President Bill Clinton referred to Obama as "an amateur" for his political and economic failings. Obama is not being smart about a number of issues that are going to come back to haunt him and the government for generations to come. You can lead a horse to water...

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