#west island real estate agency

[abbeyandolivier]

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[annaphoenix1994]

Enemies by Monday

Previous Chapter - Masterlist - Next Chapter

»»-------¤-------««

"Dennis, how are you?" His assistant smiled as she entered Dennis Dutton's office. Dennis is Kiera's older brother, who is also a lawyer and a real estate broker who works with different agencies across the states of Wyoming, Montana, Idaho, and Colorado. Since he had graduated college, he had always referred to himself as the "black sheep" of the Dutton family. Of course, he always blamed himself for always finding an excuse to come around unless he was needed. 

"I'm doing well. You?" 

"I'm okay. Here's that file you asked for," She smiled. "Are you aware of the recent update that was done several months ago to your family trust?" 

Dennis furrowed his brows, "No?" 

"Oh, well I hate to be the bearer of bad news..." 

He huffed as he took the file from her hand, opening it up to see the official land deed for his family's ranch now forwarded to Simon and Kiera Riley. "Who the hell is that?" 

"Simon Riley? That's your sister's husband, sir." 

"Now that is shocking," He scoffed, looking through the files and pausing once his breath haltered. "M-My father passed away?" 

"I'm so sorry, Dennis. I-I thought you knew-"

"-I do now. What baffles me is that he didn't leave the ranch in my name like he promised and instead just hands it over to some guy Kiera married." 

His assistant cleared her throat, "Do I need to get you anything?" 

"Now that you mention it, can you get me the number for Phillip Jenkins? He's the capital developer for Teton Valley." 

"Yes, sir. Be right back." She nodded, leaving Dennis to tend to his thoughts. 

That fucking bitch, he grumbled to himself as he pinched the bridge of his nose. I'll be damned if you can keep the ranch to yourself.

"Sir, Phillip is on line three for you." His assistant chimed in, opening the door slightly to inform him of the news.

"Thanks," He mouthed at her before picking up the phone. "Thank you for your time."

"Thank you, Dennis," Phillip assured over the phone. "What can I do for you?" 

"Are you still planning to build a subdivision close to the Teton Valley?" 

"Yes, I have big plans for it," Dennis could hear Phillip smiling on the other end of the phone. "I've been meaning to call you over the past year regarding your family's ranch. With a property as big as Rhode Island, by chance are you looking to sell?" 

"Well, that was the idea, but I've got a few bumps in the road on my end regarding that." 

"It was implied that you were the new owner of the land since your father passed away?" 

"As much as I wish it were true, it's not. My sister and her husband own it now." 

"Is that right? Well, can you direct me into contact with her?" 

As much as I'm not too fond of my sister, that's a bad idea, Dennis sighed to himself. "Actually, I have a better idea. Are you available for a meeting this Friday?" 

"Of course. I'm in Colorado until Thursday and I will fly into Wyoming Friday morning. Does three o'clock sound fair?" 

"Sure. Do you know where my office is in Cody?" 

"Who doesn't know where your office is, Dennis?" Phillip chuckled. "I'll see you then." 

Dennis nodded before ending the call, resting his elbows on his desk after loosening the collar of his shirt. That ranch won't be just yours, Kiera. 

He knew he was going to have a feud on his hands. 

That same day, Kiera was in the office of her own as she had finally felt comfortable in her new position as head of mergers and acquisitions at for a company called Jasper Collins Equities, a second-in-command to a man named Robert Collins - who was good friends with her father as well as going to college with Laswell's wife, Kiera had great odds with getting on quick with the company in only two months. "He sure is building something..." Kiera grumbled through the phone as she gazed through her office window, looking at the rugged mountain landscape towards the west. "Of course, he didn't, he's so full of shit that he could cough and his ass would talk." 

"Well, I wouldn't worry too much about it, love." 

"I'm not. That's why I'm degrading their stock and buying it for cheap." She breathed a chuckle. 

"Have the kids been giving you any trouble?" 

"Nope. They quite prefer being watched by their mother instead of some girl that works at the station." She huffed. 

"Love, I thought we crossed this bridge already," He sighed, frowning, hating that she kept bringing it up after another heated argument the following evening after she had confronted him about it, but he understood. Especially with getting the cold shoulder from his wife since she had found out two months prior, refusing to let the twins go with Simon to the office when he wasn't on patrol, to making him petty lunches, and not letting him touch her. It wasn't that she hated him - of course she couldn't - but she was still hurt that he had chosen to lie to her when she simply wanted reassurance. 

That hurt her more than anything. 

Even with that, they never went another day without telling each other I love you. 

"You know I've had them for my entire day unless I had a meeting. I only asked her to because she mentioned she was a babysitter and I would've rather trusted her than the other lass up front," He explained. "I thought you forgave me about that." 

"Oh, I did forgive you, but that doesn't change the fact that you still lied, Simon." She huffed, the memory still fresh in her mind. 

"I know. I told you I was sorry and it wasn't done with bad intentions - I just didn't want you to worry." 

"Okay." 

She heard him sigh deeply on the other end of the phone. "What time will you be home?" 

"Whenever I feel like it. I'm picking up Baler today-"

"No, I can do it. My shift is over at two thirty and I pass by the school anyway on my way home. That's why I was asking." 

"Okay." 

"Mrs. Riley?" Her assistant, Suzanne, chimed in quietly, opening the door softly to avoid disturbing the children who were calming down for the afternoon. Thank God Robert lets me bring them to work with me, she sighed to herself. I definitely don't want to send them to a daycare or risk having some woman who's up Simon's ass at the station to offer watching them. "Rob needs you." 

"Give me a minute." 

"I-I don't think he has a minute..." 

"Alright. I have to go, Simon. I'll see you when I get home." 

"Okay. I love you." 

"Love you too." 

"Where's the fire?" She scoffed at her. 

"Frankly, I'm afraid if Mr. Collins gets any more fed up with that investor, I think his pants will catch fire..." 

"I'll be right back, then. Keep an eye on the kids, okay?" 

"Sure thing, Mrs. Riley." The old woman smiled warmly at her. 

"Goddammit, Robert, I didn't come here to do business with these people!" Frank shouted from the conference room, which was too close for comfort to Kiera's office, angering her even more that someone of a professional outfit was risking waking them up when she had many troubles with them being restless that morning. 

"I can hear you screaming halfway down the hall, Frank," Kiera scoffed, entering the conference room. "I suggest that you stop screaming before you wake up my children." 

"What is this? A daycare now?" Frank scoffed, looking at Kiera as if he were degrading her with his gaze. "I thought we were trying to work this out, Rob?" 

"We've been trying to work it out for two hours now," Rob sighed. "She is the alternative." 

Frank sighed, flipping his pen between his fingers, "We don't want to merge-"

"Nobody wants to merge with you," Kiera answered. "You have a three-to-one debt ratio. It would be easier to sell newspapers." 

"I'm not going to sit here and be bullied by your apprentice, Rob," 

The old man chuckled, "Oh, she's not my apprentice, she's my second-in-command." 

"Whatever she is, we will still pull our funds and we will take our business a town over to Wells Fargo!" Frank threatened. 

"We're just asking you to suspend the dividend-"

"-Yeah, and kill the stock!" He shouted. 

"What do you think is going to happen when I dump our fifteen percent share tomorrow morning?" Kiera asked. "I'll tell you what, just in case you were wondering: the stock will drop below ten, SEC will suspend trading, and every creditor you have will file on you, your company will be on chapter eleven by Monday and since we're your largest creditors, I can promise that there will be no form of negotiating then. I will be the CEO of WY Energy by Tuesday and I will lay off every employee and sell your equipment and leases to someone else for fifty cents on the dollar and you will have the only distinction of being the only drilling company to go bankrupt. Wouldn't that look good on a resume?" 

"My father and I started this company in our basement..." 

"That's where it's going to end up if you don't suspend the dividend and allow us to assume supervision," She assured, watching the old man glare at Robert. "Don't look at him. Look at me. Are we going to restructure your company or destroy it? You tell me." 

He frowned, taking a deep breath before sighing heavily through his nose to nod hesitantly. 

"That's what I like to hear," Robert smiled before standing up to shake his hand. "Everything will be alright." 

"I'll be in my office." Kiera whispered before taking the first step to walk towards the door before immediately stopping in her tracks. Did this man say what I think he said?! 

Oh, she was right. As she walked by, she heard Frank mumble 'arrogant girl' under his breath. 

She walked up behind him before putting her hands on either side of him to press her palms against the oak table, "I just saved your house, which is the last thing in your name that you have to worry about considering your wife left you for fornicating with a woman my age, saved your reputation, and saved you from draining out of your retirement fund. So how about you try something more appropriate?" 

The old man was furious, but a part of him knew that he had it coming sometime or another. "Thank you." 

"You're welcome," She spoke lowly. "Oh, and by the way, if I hear you cursing loudly in my office floor again when my children are around, I'll stab you with this fucking fork." She whispered, grasping the fork in question that was resting next to the small plate that was used to serve morning muffins. 

"I see your goal is to make enemies by Monday, huh Mrs. Riley?" Suzanne snickered. "Little Jacob coughed up on himself. I got some napkins-"

"Enemies by Monday is my slogan, Suzanne," Kiera smiled. "Don't worry about it. I have it all under control from here. Get yourself home. You've got grandkids of your own needing spoilt!" 

"Is it already time for me to go?" The old woman gasped, looking at her watch. "Don't forget to tell your mother that she and I have a brunch date tomorrow!" 

"I really need to get you a phone," She giggled. "I'll tell her." 

"Thank you, sweetie. I'll see you in the morning!" 

"I'll see you in the morning." 

»»-------¤-------««

"I got scared for a minute," Baler snickered, opening the passenger side door and getting into the car. "I thought it was Johnny coming to pick me up." 

"As long as me and your mum are back, you won't have to worry about that." Simon grumbled. 

"Great, so my ego can take time to heal until after Christmas break," He smirked. "Are you and mom still fighting?" 

"Who said we were fighting?" 

"You must think I'm as stupid as the day you met me. I can tell you two are fighting. Barely speakin' at dinner, you sleeping on the couch every so often, that scary tone in mom's voice-"

"We're not fighting, lad. We just had a disagreement and she resents me for it right now." 

"Well, let's get her to change her mind." 

"Yeah, how you figure?" 

"Make her do something with you. Let's take her fishing or something." 

"You know, as much as I don't agree with you on most things, I do agree with you on that." 

"What was your first thought? Buy her flowers?" He scoffed. 

"...No." 

[msclaritea]

People of Maui need 'cash' and 'communication': Lahaina resident

(NewsNation) — Federal agencies are working to provide the people of Maui with essential supplies after devastating wildfires tore through the island, but one resident says the need for essentials has been met, and what impacted communities need now is cash and better communication.

“It’s been met through the outpouring of love and support, and it’s coming in from all over the world. So what they really need now is cash or money in their pockets, to feel some sort of control,” said Carol Ross.

She added, “They also need communication. They need to know what is out there for them, for their help. They need to know about the various organizations in the federal government that are helping,” said Carol Ross.

Native Hawaiians turn to ‘coconut wireless’ in aftermath of wildfires 

Ross joined “NewsNation Prime” to share her story after her home was destroyed in the wildfires.

“It was a place of refuge for us. But what really hurts the most is the people of Maui are suffering. They are suffering for the devastation that is happening in Lahaina, especially with families that they can’t get a hold of,” Ross said

As the Federal Emergency Management Agency (FEMA) helps impacted families apply for assistance, posts are circulating on social media warning Maui residents not to sign anything from FEMA, claiming the organization could seize their land.

FEMA has said these claims are false and that they don’t have to authority to seize land.

“They [Maui residents] will listen to anything. They’re just grasping, you know, whatever communication is coming out, but it is not true,” Ross said. “FEMA is there to help, and they’re not going to take away your land. They’re not there to take your land. They are there to help you.”

Developers trying to buy Hawaiian real estate amid fire recovery 

President Joe Biden and First Lady Jill Biden are set to visit Maui on Monday, Aug. 21, to meet with survivors, first responders and the federal agencies helping relief efforts. Ross tells NewsNation that while Biden’s emergency declaration helped, she wants to know Hawaii is supported.

“I just want his presence to be known, that he is there for and he’s backing our state, our island,” Ross said.

As the communities in West Maui, primarily Lahaina, work to rebuild, Ross says the rest of the island is open for tourism.

“Lahaina is not open, but Maui is open, and we need you to come back and experience the aloha spirit with us. Because we need the hotels to be full, we need the businesses to thrive..."

Categories: Climate, Hawaii Wildfires, Weather, West

Yo! Has anyone heard a peep from Mark Zuckerberg about helping out Hawaii or did he just move there to fuck people over!?

[yaswestplaza]

How Nationwide Middle East Properties Helps Buyers Navigate the Market

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Navigating the UAE’s real estate market can be complex, especially for foreign investors or first-time buyers. Nationwide Middle East Properties makes the process easier by offering:

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Nationwide Middle East Properties as Your Real Estate Partner

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With their vast network, personalized services, and extensive market knowledge, they are a trusted partner for anyone entering the UAE real estate market. The team’s commitment to delivering excellence ensures a smooth and successful property transaction, making them the ideal agency for real estate needs in the UAE.

[riseandshinesweetheart]

Zev Marynberg Adar: A Fraudster? (2024)

Who is Zev Marynberg Adar?

It has been reported that the Ministries of Justice and Treasury are investigating Diego Marynberg, also known as Zev Marynberg, who is 44 years old and resides in both New York and Buenos Aires. This is because he is suspected of playing a part in Maduro’s corporate transactions. Because his actions are connected to money laundering, it is important to attract attention to the unfavorable obligations that he has.

An inquiry has been opened against Zev Marynberg because he is suspected of using money laundering methods associated with Chavista, as well as purchases of stock in a Spanish newspaper, investments in real estate, and the use of offshore businesses.

Zev Marynberg: US Investigating Israeli-Argentine Businessman for Hiding Maduro’s Wealth

An investigation is now being conducted by the United States of America into Diego Adolfo Marynberg, also known as Zev Marynberg. He is a businessman who is of Argentine and Israeli descent. Marynberg is accused of playing a hand in concealing the money that was concealed by Nicolas Maduro, the President of Venezuela. This is the primary focus of the investigation.

According to the information, Maduro has been accused of wasting $1.2 billion from the funds that were allocated to the Venezuelan government. Marynberg's bank activities are being considered by the United States Department of Justice and the United States Treasury Department as ��the new path” in their efforts to track down the money trail that led to Maduro.

According to the firm’s website, the headquarters of the corporation is located in the Cayman Islands. Additionally, Buenos Aires, Tel Aviv, and New York are mentioned as other sites for Marynberg's business, Adar Capital Partners. The company has been involved with Venezuela since 2006, and it is thought that it aided in the movement of money to the president of Venezuela, who is presently under criticism for his actions.

Bryan Shapira, the managing director of Adar Capital Partners, asserts that the charges are not genuine. Still, Marynberg and his business deny the allegations. He did, however, reveal that the firm had engaged in some legitimate economic transactions with Venezuela up to the year 2019, and he also revealed that the company had been the target of extortion.

Zev Marynberg is well-known for his charitable work in Israel, where he has sponsored educational, medical, and religious organizations. He is also known for his support of Jewish colonies in the West Bank.

In light of Marynberg’s desire to flee and his antipathy to Israel, the government of the United States is taking steps to restrict the financial resources available to him. There is a possibility that Zev Marynberg may be placed on the list of businesses that will be subject to penalties that the Trump administration has prepared against those who are believed to have assisted Maduro in concealing money.

Since Juan Guaidó, the President of Venezuela’s National Assembly, declared himself to be the temporary president on January 23, there has been turmoil and violent demonstrations in Venezuela. This is an important aspect to take into consideration. With the assertion that the most recent round of voting was illegitimate, Guaidó asked that new elections be held. Guaidó has garnered support from a multitude of nations, including the United States of America, Israel, and a great number of other countries.

In February, Maduro sent out messages in which he expressed his sympathy for the Palestinian cause and offered encouragement to Arab and Palestinian prisoners who were being held in Israeli detention centers. In addition to this, he said that Guaidó was a central intelligence agency agent working for the United States of America and Zionists (a reference to Israelis and other persons and organizations who support Israel).

Several countries and persons are involved in the investigation into the alleged financial transactions that took place between Venezuelan President Maduro and an Israeli-Argentine businessman. This inquiry, which is the focus of this information piece, highlights the complicated nature of international politics and money.

However, if we delve further, I will highlight certain places that are vital to the end of the narrative and expose the whole truth. The account that was just presented simply offered a high-level summary of the Zev Marynberg case.

Zev Marynberg: In what way was he involved?

According to the information provided by that publication, Marynberg collaborated with Hugo Chavez’s successor to carry money out of Venezuela to circumvent the limits that President Donald Trump intends to impose on the sources of foreign financing for that nation.

According to the findings of an investigation conducted by a Colombian newspaper, the United States government would slap penalties on Marynberg and other entrepreneurs and authorities for their assistance in removing more than United States Dollars 1.2 billion from the country.

Speculation has been raised about the commercialization of CLAP boxes, which are part of the state food aid program. These boxes would be used by the Venezuelan dictatorship in an asset-laundering operation.

The Office of Foreign Assets Control (OFAC), which is a component of the United States Treasury, as reported by The Wall Street Journal, is planning to make the list available to the public shortly. This institution is responsible for compiling the “black list” that Maduro was placed on under the jurisdiction of the northern countries. Afterwards? In North America, there are limits on admittance and visas, as well as a prohibition on all links to persons or groups located in the United States. Additionally, assets to be seized and bank accounts to be frozen are also in place.

Marynberg agreed to react to a questionnaire that was sent by the Spanish press agency that was recruited by Adar Capital Partners, the owner of his firm corporation, to ask him several questions. Infobae made an effort to get in contact with Marynberg about the matter.

It is not true, contrary to what the United States of America claimed, that Zev Marynberg assisted Venezuelan authorities. Zev Marynberg and any of his affiliates have not provided any financial support to any representative of the Venezuelan government on any occasion. There has not been a single instance in which Zev Marynberg or Adar Capital Partners (ACP) has carried out any activities that do not completely comply with the prevalent regulations.

Also, the firm that is registered in the Cayman Islands declared that “the statement released by the Colombian newspaper is not true” and gave a copy of the letter that they wrote to that publication in which they rejected the information.

Marynberg’s face remained unknown to the public until it was made public by the media. When Zev Marynberg was working at the Argentine Institute of Capital Markets, which is referred to as MERVAL, in the early 1990s, he was introduced to a stock market expert who exclaimed that he was “brilliant.” Marynberg was working at the time.

Right now, he had just arrived from Israel. The source that was consulted said that they were unable to locate him after he had married the daughter of (Alberto) Szpolski.

Additionally, he was tarnished by the collapse of Banco Medefin, which was owned by the Swiss-Spanish corporation Sodimer, of whom Zev Marynberg was the local agent. He was the son-in-law of the person who established Banco Patricios.

Zev Marynberg: Raid in Venezuela

Marynberg and Hugo Chavez were interested in doing business in Venezuela in 2006. They were drawn to the country by the possibility of investing in publically listed firms or in private businesses that were jointly operated by the president of the central bank at the time.

He strengthened his relationship with a “very minority” position in Mercantil Bank, which is one of the major private banks in Venezuela. This was possible after he had already established himself as a trustworthy investor in the country.

In 2006, it was accomplished utilizing the investment fund Geo Equity Opportunities Ltd., which is incorporated in the British Virgin Islands territory. A stake that was purchased at market prices more than 15 years ago was a very small one. A fall in value made it abundantly clear that the deal was a mistake, as stated by its spokesmen who are fluent in Spanish.

Over those years, he was responsible for managing a portfolio of high-yield Venezuelan assets for Geo Equity Opportunities Ltd. Statements made by Zev Marynberg indicate that he "is no longer active."

The monetary equivalent of the “Maradonna”

The name “Maradonna” was given to Zev Marynberg throughout the regions of Europe and Latin America due to his skill in developing a variety of commercial enterprises and establishing a portfolio that was filled to the brim with assets worth millions of dollars.

Nevertheless, this term originated in the middle of judicial turmoil, most notably during a trial that was held in 2013 and implicated former workers in fraud and money laundering linked to bond purchases that were connected to Argentina’s GDP growth under the leadership of Amado Boudou, who was serving as the country’s Economy Minister at the time.

With the assistance of Infobae, an American online journal, Marynberg was called before British courts to testify on behalf of Institutional Trading Ltd (ITL) as a result of the legal dispute that was sparked by the Oktirite bank in London, which is located in Russia.

Zev Marynberg: Adar Capital’s Entry Into the Real Estate Market

The National Stock Market Commission in Spain received the organization’s most current financial report, which was filed in December 2018. When questioned by his media, Adar Capital said that it was “a very small stake as a trading operation that it later sold at the beginning of 2019.”

Furthermore, the business has a 27.8% stake in Neinor, a Spanish real estate developer that has built over 10,000 homes in that country. The hiring of Jorge Pepa as the new executive vice president and Adar Capital representative coincided with the firm’s new stake.

Adar Capital owns 12% of TLC, a significant German developer with buildings all across Berlin, together with the Singaporean government.

Similar to the Russian deals that fit inside one after another in a game of matryoshkas, this Cayman Islands corporation is managed by Twelve Investments AG, a Marynberg, Switzerland firm.

Adar Capital’s Principal Investment Fund One such organization is the Adar Macro Fund, which manages assets valued at over USD 2,000 billion, according to its website. With a 33.5 percent return in 2016, it was one of the best-performing hedge funds.

In 2014, Zev Marynberg founded Commercial Trust AG, a trust corporation in Switzerland, to do business both locally and abroad. Two years later, his sister Cynthia assumed his place on the Board of Directors.

Zev Marynberg: Appeal to the Judges of Argentina

As the U.S. Department of Justice investigated a bond transaction by the Central Bank with the Swiss bank UBS Investment Bank in 2014—a bank then represented in the country by Jorge Pepa—Zev Marynberg's name started to get out there.

The bonds would have cost USD 200 million, according to the lawsuit, had they been bought by investment funds affiliated with Latam Securities LLC, which is controlled by Zev Marynberg.

According to the Central Bank’s resolution, “it never made a purchase or sale of titles or carried out an operation with Latam Securities,” which is why Judge Rodolfo Canicoba Corral filed the lawsuit.

Pepa joined Adar Capital after leaving UBS at the invitation of Zev Marynberg.

As part of the lawsuits that the vulture funds had brought against Argentina in the New York Court over the unpaid bond debts, the NML fund asked Judge Thomas Griesa to summon Zev Marynberg as a witness in March 2015.

It used the discovery process, a legal tool, to track down Argentine assets all over the world that were allegedly involved in fraudulent schemes hatched by the previous Argentine government to collect unpaid debt obligations.

Kirschenbaum, he implied in his presentation, would have given Latam Instruments secret knowledge so that they could buy international debt instruments issued by Argentina.

Zev Marynberg: Problems at Latam Securities Corporation

Despite Latam Securities’ 2012 incorporation in the US state of Delaware, the company’s headquarters were initially located in New York—the city to which Zev Marynberg had relocated—and the company’s principal domicile rotated between there and Argentina.

Only three years down the road did it change its name to Zedeb Securities, Nechoma LLC, in which Marynberg is also a sole shareholder, has controlled Zedeb since late 2016.

Situated in a wealthy area of New York City, close to Carnegie Hall and the MoMA, Zedeb’s offices can be found at Suite 24 A of 10 Central Park South. At the same time, as of December 31, 2018, the audit of Zedeb Securities’ financial situation revealed that the company owed USD 52.50 in unpaid office rent.

In the last year, Zev Marynberg—the only owner—has received $6.8 million while the firm “is winding down its activities” and is “in the process of being sold” to another agency. Because of this, its net capital shrank from $30 million two years ago to only $725,000 last year.

Zev Marynberg: Concerns in Uruguay

Latam Securities was not the only Zev Marynberg company that dealt in bonds in the area. Plus, he enlisted the aid of Mercantil Valores Agente de Valores SA, the Uruguayan firm his brother owns and operates, to pull it out. This one is overseen by Mercantil America Ltd SA, a Panamanian firm that was established in 2008 and has both brothers on its board.

Statements from Adar Capital, Latam Securities, and Mercantil Valores indicate that these entities employed separate and commercial companies as part of their annual activities, for their finances, at market prices and under market conditions, through the most esteemed capital market institutions, and always with counterparts from the private sector.

However, in May 2016, the permissions to continue operations were terminated and withdrawn by the Central Bank of Uruguay. This action sparked the Stock Market Registry. Infobae only gave her permission to send money as part of her closing actions, as seen in the minutes to which he approved.

Another comment that was made was that “there was insufficient proof that Sergio and Zev Marynberg were truly the final recipients of the money in seven banks of which they claimed ownership, nor was there a record about the economic-financial scenario that would explain the volume of funds managed.”

Additionally, in four of these financial transactions, “it was attainable to corroborate, through the actions conducted in them, that anonymous third-party funds were handled in them, and there was no record to verify the origin of the funds.”

Mercantil Valores Agente de Valores SA was deemed to be liable for USD 20 million, however, the authorities in Uruguay discovered that there was no confirmation of this responsibility with the investors.

Zev Marynberg: Jewish colony donations

Europe knows him as Zev Marynberg, the name on this financier’s Israeli passport, under which he now lives and attended Bar Ilan University in Ramat Gan.

In June 2016, the Israeli publication Haaretz conducted an inquiry and found that Marynberg is an Orthodox Jew in practice whose name is Adar, the Hebrew calendar’s sixth month. At least 13.5 million euros were contributed by Marynberg to five Israeli far-right organizations involved in the colonization of the West Bank area between 2011 and 2014. This was made possible by the Adar Foundation, established in Panama in 2004 and headed by Sergio, the brother of Marynberg, who serves as secretary and treasurer, respectively.

Zev Marynberg: Used eliminalia to hide the reality

Eliminalia’s customers had to pay large costs to have their digital records removed. Haces Barba requested the removal of some 300 articles from the internet in exchange for paying €10,000.

In 2020, AMR Bauxite, a “responsible” French mining company, was accused of tax evasion and settled for €135,000.

Adar Capital Partners, an Israeli-Argentine lender who is accused of laundering money for Hugo Chavez’s administration, spent about €400,000 to enlist an Eliminalia partner. No response was receivedfrom AMR Bauxite or Adar Capital Partners about requests for comment.

Do you know what Eliminalia is, though?

Eliminalia claims that its services assist customers with the “right to be forgotten” in getting rid of “unwanted and inaccurate information,” yet this claim is contradicted by about 50,000 internal business papers that were made public by Forbidden Stories.

The records show how Eliminalia colludes with worldwide underworld players such as dishonest politicians, convicted criminals, scam artists, spyware companies, and torturers to obstruct access to information that should be public knowledge.

Previous reports, such as the one published by Rest of World, have named a few of Eliminalia’s customers; but this leak—which includes confidential emails, client lists, contracts, and various other legal documents—gives a more complete picture of the business’s activities.

Conclusion

Zev Marynberg’s narrative is tied to worldwide business, politics, and scandal. Zev Marynberg-Adar is being investigated by the US Department of Justice and Treasury for hiding payments for Nicolas Maduro’s Venezuelan dictatorship. From real estate and media interests to Venezuelan government financial activities, he is accused.

Adar Capital Partners, one of his businesses, has been accused of money laundering and dubious investments. Marynberg disputes these charges outright, claiming compliance with all standards and no financial assistance for Venezuela.

A complicated network of money transactions, business interactions, and legal disputes is revealed by ongoing investigations. From Venezuelan bonds to foreign businesses, Marynberg’s narrative involves intrigue and controversy.

His Israeli philanthropy, notably for far-right Jewish groups engaged in West Bank annexation, complicates his reputation.

He used Eliminalia to allegedly delete digital documents, complicating his predicament and raising worries about digital transparency and responsibility.

To conclude, Zev Marynberg’s biography shows how money, politics, and personal reputation interact globally, leaving many issues unresolved and triggering continuous inquiries into his actions.

[denialbrian]

Frequently Asked Questions About the Cayman Real Estate

Understanding the local market, investment areas and real estate procedures in the Cayman Islands is essential for both investors and individuals to make informed decisions. That’s why we recently created this guide on the most frequently asked questions regarding Cayman real estate's various clients with the help of the Cayman Islands Real Estate Brokers Association (CIREBA).

Cayman Real Estate FAQs

Can foreigners buy property in the Cayman Islands?

Yes, foreigners are welcome to buy real estate in the Cayman Islands! But first, you'll have to apply for a government license.

The number of these permits that may be obtained annually is capped, and they are often granted for residential real estate or residential development projects. Certain properties, such as farms, may also have further limitations on foreign ownership.

Seeking advice from regional specialists is essential for navigating the procedure and Cayman Islands housing market. This will allow you to purchase your ideal Cayman property with confidence.

What are the additional costs while investing in Cayman real estate?

In addition to the property price, purchasing a property in the Cayman Islands involves stamp duty, legal fees, broker commission, and other costs. 

What is the process for buying property in the Cayman Islands?

The process typically involves various steps, from finding property to contracting with the assistance of legal professionals. Buying property in the Cayman Islands involves these steps:

Step 1 - Find a property

Step 2 - Make an offer

Step 3 - Negotiate terms

Step 4 - Check the property

Step 5- Sign a contract

Step 6- Get financing (if needed)

Step 7 - Close the deal

Step 8 - Take ownership

Are there any residence restrictions for Cayman Islands property owners?

No, citizens of the Cayman Islands do not need to own property there. Everyone can own property without residing in the Cayman Islands, regardless of nationality. Thus, you don't need to be a resident to invest in or own a vacation property. If you intend to remain for an extended period, there are alternatives for residency.

Which Cayman Islands real estate markets are the most well-liked ones?

Investing in real estate in the Cayman Islands provides opportunities in locations such as Seven Mile Beach, recognized for its luxury residences and tourists, and George Town, a commercial powerhouse. Emerging communities like West Bay and South Sound also show growth potential. Conduct extensive research, get advice from local experts, and visit suitable places to make well-informed investment selections that correspond with your goals.

How do the Cayman Islands tax property?

There is no property tax in the Cayman Islands. Instead, the government uses import and stamp charges as a source of income. The buyer typically pays a 7.5% stamp duty when purchasing or selling real estate. Legal fees and real estate agent charges could be additional expenses. Due to the absence of property taxes, owning real estate in the Cayman Islands is more alluring for investors and owners alike.

How much do CIREBA real estate brokers charge as commission? 

In the Cayman Islands, real estate brokers typically charge a commission of 5-7% of the property price. This agent commission covers services like marketing, property visits, negotiations, and other things during the buying or selling of the property. The location, property value, and current market demand are some factors that could impact the commission. Before proceeding, we suggest you discuss the commission with the agent or real estate agency. 

What are some of the best real estate options to purchase in Cayman?

The Cayman Islands real estate offers a vast range of properties to invest in, such as homes, condos, waterfront villas, rental properties, undeveloped land, commercial spaces, and luxury residential properties for vacation rentals. Cayman has something for everyone, regardless of preferences, budget, or location. 

What are the best locations or areas in the Cayman Islands to invest in?

There are numerous popular destinations for real estate investors and individuals looking to purchase a house in this paradise. West Bay offers breathtaking views and brand-new condominiums and luxury residential properties, George Town offers business opportunities, and Seven Mile Beach offers magnificent condos.

What is the stamp duty amount for real estate transactions in the Cayman Islands?

The stamp duty rate is usually 7.5% of the purchase price or the property's market value, whichever is greater. For clarity, this is calculated in the local currency. Various factors affect stamp duty, such as the property's price, residency status of the buyer or seller (local or foreigner), whether it's a first-time purchase or multiple properties, and whether the property is developed or undeveloped.

Can I buy land and build my dream home in Cayman?

Yes, you can buy land and build your ideal home. We have numerous qualified architects and constructors. Ask your CIREBA agent for some references so you can interview them.

[kashicloud]

[ad_1] Sarah-Mai Miller and Heath Miller lived in 10 different houses and apartments in 17 years. The couple owned three of those houses — an 1800s saltbox in Greenport on Long Island and a modern cozy cabin and a glass cabin, both in a town called Milan in upstate New York.The couple’s ventures in real estate were a natural extension of their jobs as creative directors. Together, they founded Chalk 242, a creative ad agency they’d named after the address of their first apartment in New York City, a prewar building on the Upper West Side. For the Millers, the lines blurred between work, play and home. The two houses in Milan were nicknamed Maitopia and Mailan, a nod to Ms. Miller’s name. But they bore her husband’s out-of-the-box touches, like a lap pool within two steps of the backdoor of Maitopia, and, most curious to Ms. Miller, a bathtub in the middle of the tiny home. “I saw the designs for the tub and was like, ‘Really?’” she recalled.In February 2023, Mr. Miller, 47, died in a head-on collision on a rural, dark road on the North Fork a few miles from their Greenport home. Mr. Miller was driving. His friend who was in the passenger’s seat, and the two occupants of the other car died.Mr. Miller’s death left his wife stricken with grief, reliving every memory of what they had built together. The night Heath died, Sarah-Mai called her parents, who drove through the night to be with their daughter. Other friends and family members offered their support and presence in the coming days and weeks. Ms. Miller eventually went back “home” to her native Ohio after the informal celebration of Heath’s life in his hometown, York, Pa., where some of his family still lives. She returned to the saltbox home in Greenport weeks later to see if she could be there alone. She had a little company, Rufus, their dog. “It was so empty,” she said. “Every day was a reminder of how quiet it was.” She lasted four days. It was time to let go, she thought. She listed the home. And then she listed Mailan, the ‘cozy-modern glass house’ upstate. And then she and her husband’s business partner, Max King, decided to sell Rest Co., a boutique hotel that her husband helped create out of a chicken coop. Piece by piece, Ms. Miller has spent a year shedding much of the property that they bought and renovated so she can pick up the pieces.“I don’t think grief ends,” Sarah-Mai said. “But it changes.”Doing What They LovedThe Millers met when they worked at the Columbus, Ohio, headquarters of Express, the clothing retailer. Mr. Miller’s job was running the creative direction for the brand, which included working with models and stylists for photo shoots, while Ms. Miller was hired as an internet coordinator, a novel title at the time that included dressing mannequins.Mr. Miller had helped interview his future wife for her job and wanted to pass on her for a more experienced candidate. Ultimately, the person in charge of Customer Relationship Management overruled him. Two months later, they began dating, Ms. Miller said, recalling how Mr. Miller’s nattiness was a bit intimidating. “I grew up in small-town Ohio where there’s no such thing as fashion,” she said. “Heath was stylish. He cared about his appearance.” That carried over to the décor of his apartment. The first time Ms. Miller visited, he apologized for the “mess,” she recalled, laughing. “It was the cleanest and nicest apartment I’ve ever seen.” Less than a year later, the couple moved to New York. Their first apartment in the city was on 242 West 104th Street, which they renovated shortly after buying it, applying a mix of modern aesthetics with old-school New York grace, plus a dash of industrial. They got married in Turks and Caicos in June 2008, which happened to have been their first vacation spot together more than a year earlier. Heath’s son, McKenzie, who was 12 at the time and from Heath’s previous marriage, was also in attendance. They’d return to Turks and Caicos many times after their wedding, staying at the same hotel and going to their favorite beaches. New York was a cultural initiation. In addition to trying out as many new restaurants as they could, they loved frequenting museums and art exhibitions, where they sought inspiration for their jobs. This inspiration would eventually spill into many areas of their lives — home décor, wardrobe and the business they were planning.By this time in their careers, having grown weary of corporate power and the way stakeholders sometimes dilute creativity, the newlyweds talked a lot about doing work that they both loved as opposed to work they thought they needed to do. “A good idea is going to be polarizing,’” Sarah-Mai recalled Heath saying, a philosophy that would one day factor into their attitudes around designing their living spaces.Chalk 242 was born.MaitopiaWhile they were building their business, the Millers were looking for a second home, out of the city. They were flexible on locations within a two-hour radius and eventually found a three-acre parcel of wooded land on Willow Glen Road in Milan, with an adjacent stream. Mr. Miller had no technical know-how, but he was determined to design the home himself, Ms. Miller said. “It paired with his design aesthetic and background,” Sarah-Mai said. “Something just clicked for him. He could see it really clearly.”Within a year of purchasing and clearing the land, Mr. Miller had come up with the designs for the home, featuring a one-bedroom lofted structure with a peaked roof and that lap pool that they could jump in just by opening the back door. The giant pivot door that swings open to the small pool, for instance, took Mr. Miller, three of their friends and a contractor to install.Mr. Miller seemed to be on to something. The peaked roof, negative space and glass windows, like hefty fragments of a geometric puzzle made what is essentially a one-room, tiny house feel more spacious. And they kept it bare: “When you’re going from one location to the next, you’re always bringing this stuff with you, and you don’t want to be surrounded by stuff. You just want to be in a place that’s welcoming and clean.” That made it easy when they decided to rent it out through online booking sites.One of their frequent renters was Tina Roth-Eisenberg, the designer best known for her blog Swiss Miss. Ms. Roth-Eisenberg started posting pictures of Maitopia to her social accounts whenever she rented it, stunned by the creativity and attention to detail. In an Instagram post dated Nov. 12, 2021, she wrote, “I’ll never forget the moment when we entered the driveway, in spring of 2016. There she was, this modern, tiny beauty. As we got out of the car my daughter noticed the Swiss cross” on the shed “and jokingly said, ‘This house was waiting for you, mommy!’ It felt like fate, but she later learned that Mr. Miller had hung it there because he enjoyed the graphic appeal of the cross, its clean lines. Ms. Miller had been a fan of Ms. Roth-Eisenberg for years and they soon became friends.By 2020, they had bought the lot across the road and constructed a new home that they called Mailan. They found an eager buyer for Maitopia: Ms. Roth-Eisenberg. Wanting to give an offer in person, Ms. Roth-Eisenberg met the couple in the city with a houseplant and illustrations of Maitopia that her children had made. “It felt like an adoption,” Ms. Roth-Eisenberg said. “Like I adopted this labor of love.” MailanAs a child growing up in Ohio, Ms. Miller had seen a glass house and told her mother she wanted to live in one just like it. Mr. Miller had always been obsessed with the glass house that the architect Philip Johnson had constructed in New Canaan, Conn., which seemed to rise out of the grass, equal parts stately and understated.Mr. Miller’s creation was smaller, but it was grander than Maitopia with two bedrooms, two full baths, plus an open living room area with wood floors and wood slat paneling along the exterior. She relished the view that was the wood-burning stove looking out onto the pool, and the woods beyond it. Those woods contained “fun little elements,” Ms. Miller said, “like the treehouse that Heath and his son, McKenzie, had built. Heath was a creative. He had to always create or else he’d get restless.” The Salt BoxGreenport on the North Fork of Long Island was a different vibe, neither woods nor straight beach, neither rural or suburban. The Millers had vacationed in Mattituck, a quick drive from the house in Greenport they’d eventually move to, and was recommended to them by family friends who had vacationed there. Unlike Maitopia and Mailan, which they built from scratch, the Salt Box had been standing since the 1830s on a decently busy intersection where the Main Road meets Rt. 48, or what’s locally called the North Road. The Salt Box’s age, nearly 200 years old, and its shaker-style minimalism are what first attracted the couple. The wide-plank floors were originally part of the home, some of them over a foot wide, as was the impressive Dutch colonial style entrance with its stalwart trim. When it came to the renovation, which began in April 2021 and was completed later that November, the Millers wanted to pay homage to the architect who built it, though they didn’t know who that was. The important thing was that it exemplified simplicity and coziness, while permitting the modern theme that the couple had grown to love. They moved the kitchen from where the second bedroom downstairs currently stands, to the living room, incorporating the wood fireplace, while making the second room downstairs a library/study, replete with two high back chairs, a gas fireplace and built-in shelves that Mr. Miller constructed. “It was our dog Rufus’ favorite room. At night, when she slept in there, we’d put the fireplace on low and keep her comfortable whenever it was cold,” Ms. Miller said. It was one of her favorite rooms, too. “All the homes we built had an intimate vibe to them,” Sarah-Mai said. “Heath was an extrovert and I’m an introvert, and our home was a space that felt like ours. If we did entertain, the space lent itself to smaller groups.”But it was mostly just the two of them, plus Rufus, cooking meals, playing chess or cozying up by the fireplace. When they ventured out together, they enjoyed riding around the island. Mr. Miller was out with his friend, William Price, whom he didn’t get to see often. Mr. Miller wanted to show off some of his favorite spots, and Ms. Miller stayed home to give them space and time to catch up. Mr. Price, who was a passenger in Mr. Miller’s Tesla, died, as did Peter Smith and Patricia O’Neill, passengers in a 2020 Ford Explorer.Before Mr. Miller died, he and his wife talked about where to move next. They considered Charleston, after enjoying a two-month road trip down south when they were closing on the salt box. Ms. Miller is now thinking about Paris or staying put in Ohio or settling into her apartment in New York City. “I’m still learning not to get attached to things,” she said, remembering how she and her husband went from project to project. (She also lost Rufus, who was eight years old, in December.) “At that time, we said, ‘We need to keep going. We need to keep moving. We were collecting houses and memories.’”Recently, she bought a saltbox-style home 20 minutes from her parents’ place in Ohio. She is about to start renovations. [ad_2] Source link

[thelesliekoppgroup]

The Leslie Kopp Group is your go-to real estate agency when it comes to finding the perfect home in the serene neighborhood of Swann Cove, Selbyville, DE. With an unparalleled dedication to customer satisfaction and a deep understanding of the local real estate market, The Leslie Kopp Group stands out as a reliable partner in your home buying journey. Call us at (302) 541–5207 for more information about homes for sale in swann cove Selbyville DE or visit our website.

The Leslie Kopp Group 33298 Coastal Highway, Unit 4, Bethany Beach, DE 19930 (302) 541–5207

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[landmarkfinancialgroup]

Why should you invest in real estate in Canada?

Buying a house or commercial space in Canada can be very beneficial for you if you understand their laws properly. To begin with, ownership of property in Canada does not need residency or citizenship. However, if you want to stay in Canada permanently, you must complete immigration requirements first. Annual tax reports are required by the CRA for non-Canadian owners of rental property in Canada (CRA).

Property Taxes

First, $200,000 is taxed at one percent, while the rest is taxed at two percent when purchasing a home in the province of Quebec. First-time homebuyers in Canada may be exempt from this program. Annual property taxes based on market value are also levied by municipalities. Schools are included in municipal levies. The data on a property's tax bill is widely available. A portion of your GST can be refunded if you're moving into a newly constructed or builder-renovated house for sale west island Montreal or in any other location. GST does not apply to resale properties.

Rental Property Taxes

Canada's Income Tax Act mandates that all rental income be taxed at a rate of 25 percent per year. Filling out Form NR6 allows non-residents to deduct 25% of their net rental revenue (after expenses). If the rental property is losing money, you can deduct the losses from your taxes. If you're a co-owner or a partner, the tax treatment of your rental or company revenue will differ. The operational and capital costs of renting a property are tax-deductible expenses. The latter option is more advantageous. Rental income cannot be reduced by the expense of renting furniture or equipment. Expenses for products that depreciate can be subtracted over time. Allowance for future costs of capital (CCA).

It is possible to deduct investment property taxes and the interest paid on mortgages, bank loans, and credit lines in Canada.

Putting commercial, residential, or Industrial real estate for sale Pointe-Claire

Non-Canadians who sell Canadian real estate face a 50% withholding tax. Those who make a profit from their investments must notify the Internal Revenue Service (IRS). A foreign tax credit can be claimed if the gain was taxed in Canada. CRA clearance certificates are required for non-residents selling Canadian property. With no proof of residency, a buyer could be held accountable for any unpaid taxes by the Canadian Revenue Agency (CRA).

If the home is your principal residence and you're a Canadian resident, you won't be subject to capital gains tax. It doesn't matter where you live, as long as it's where you spend most of your time. 3 For those who prefer a cottage or mobile home, this is an option. Each family is allowed to have only one principal residence at a time. Consequences follow from this need. As a result, you must decide which of your properties to categorize as your primary residence based on the number of capital gains. You may also consult with specific brokers in areas such as Montreal commercial real estate brokers.

Prorate capital gains if the property was not your primary residence for the whole time that you owned it. Taxable capital gains may result from moving from a rental to a primary residence. It is possible to delay this gain until the sale of the property.

Taxes on capital gains accrue when you leave Canada with appreciated Canadian assets. When a non-resident property owner dies or transfers property to a firm or a relative, this "deemed disposition" may also apply, even if no money is transferred.

Home equity

If you have equity in your Canadian home, you could benefit from a reverse mortgage or an equity line of credit (HELOC). If you're 55 or older, you can get up to 55% of your home's market value with a reverse mortgage. Tax-free and non-returnable. Long-term ownership of a home is an option for those who have saved their money and invested it wisely. Upon the death of the homeowner, or the sale of the property, the loan is paid back. 5

There is a second mortgage on your home that is used to secure your HELOCs. There is no penalty for paying down the principal at any time. However, lines of credit have a lower interest rate than unsecured loans, but higher interest rates than mortgages.

In general, property laws in Canada are fairly lax. Non-Canadian citizens can deduct property taxes and interest payments from their taxable income. Owning, inhabiting, renting, and selling property all have tax implications that should be understood before making an investment.

Source By: https://landmarkrealties12.blogspot.com/2022/06/why-should-you-invest-in-real-estate-in.html

[carolinaonehharleston-blog]

Address: 1265 Folly Road Charleston, SC 29412

Phone:   (843) 795-7810

Email:   customerservice@carolinaone.com

Website: https://www.carolinaonerealestate.com/Office/Detail/James-Island-West-Islands/1190

Description:  Carolina One Real Estate is a real estate agency located in Charleston, South Carolina. Their services include helping people buy, sell and rent homes, as well as finding vacation rentals and commercial properties for lease throughout the Charleston area.

Keywords:   homes for sale, vacation rentals

Hour:       Monday-Friday: 8:30am - 5:30pm, Saturday: 9am-5pm, Sunday: 12pm-5pm

[abbeyandolivier]

Browsing for a trusted real estate agency Montreal? Exclusively gaze upon Abbey & Olivier for all your discerning needs. Whether you are buying, renting, or selling a property, our committed team of specialists is here to assist you understand the complexity of the real estate market. You can rely on us to deliver individualized service and accomplish your goals. Visit us find your perfect home. https://abbeyandolivier.ca/

[charlotjafield]

Avenue south residence1

Life on the Isle of Palms and Sullivan's Island, South Carolina tickles every sense with the scent of salty breeze, the sound of estuary birds, the sight of swaying marshes and glistening ocean, and the warm feeling of a neighborhood community. Isle of Palms and Sullivan's Island are two of the most historic and celebrated islands to live on, conveniently located a bike ride away from each other and a short drive to downtown and Mount Pleasant. Each island offers a unique variety of Charleston waterfront real estate, matching perfectly to all lifestyle preferences.

Charleston waterfront homes on the Isle of Palms and Sullivan's Island boast stunning views, whether located dockside or beachfront. The combined flavors of island life, history, Lowcountry culture, and bountiful amenities make these two islands unique to Charleston real estate. Homes range in architectural styles from West Indian to modern. This broad spectrum of home choices adds a colorful splash to the Isle of Palms and Sullivan's Island neighborhoods, while sprawling porches, staircases, piazzas, docks, and high roofs lend spectacular views to magnificent sunsets melting into a quiet ocean.

Sullivan's Island and the Isle of Palms' expansive beaches offer all the opportunity to relax, swim, kayak, and go shelling, while personal docks on Charleston Waterfront real estate celebrate great fishing, shrimping, marvelous sunsets, and a place to dock the Avenue south residence  family boat. Voted Agency of the Year three years in a row, The Isle of Palms Recreation Center offers a wide variety of planned programs and classes, including family events, senior activities, youth programs, and camps. For golf lovers, several courses are located in close proximity to the islands, with the Harbor Course and The Links Course located on the Isle of Palms' Wild Dunes Resort.

Isle of Palms and Sullivan's Island celebrate dozens of renowned restaurants ranging from beach attire to fine dining. Poe's Tavern, Sullivan's Restaurant, and Atlanticville Restaurant & Cafe, are local favorites centrally located on Sullivan's. The Isle of Palms offers breathtaking views from The Boathouse and Morgan Creek Grill.

High-end shopping is located minutes from the islands in Mount Pleasant and downtown Charleston, with both areas offering an extensive selection of world-renowned boutiques such as Bob Ellis Shoes, antique shops, and popular stores, such as Pottery Barn and Saks Fifth Avenue.

William Means real estate has 75 years of buying and selling fine Charleston Waterfront real estate. Charleston Luxury homes offer residents the best of both worlds: three hundred years of history and culture while enjoying the conveniences and amenities of an urban lifestyle. Contact William Means' expert agents and begin searching for your dream home today.

[mahbub143]

Brevard County home sales, brevard county home sale, Brevard MLS listings, Brevard mls listings. (Brevardsbesthomes.com)

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[theliberaltony]

via Politics – FiveThirtyEight

Today, nine states and the District of Columbia will hold primary elections, most of which were delayed to slow the spread of the coronavirus.1 And although the presidential nomination race is all but over, seven states (and Washington, D.C.) will hold presidential primaries today, while eight states and D.C. will hold primaries for down-ballot contests. So here’s a preview of some of the marquee races that could have implications for key Senate, House and gubernatorial contests in November.

In Iowa, the main events are the Democratic primary for the Senate and the Republican primary for the 4th Congressional District. In the Senate contest, the big question is whether the Democratic establishment will get its preferred pick to take on Republican Sen. Joni Ernst. The Democratic Senatorial Campaign Committee and Senate Majority PAC, an outside group allied with Senate Minority Leader Chuck Schumer, are backing real estate executive Theresa Greenfield over retired Vice Admiral Mike Franken, attorney Kimberly Graham and businessman Eddie Mauro.

It’s a little surprising that national Democrats have invested so much in Greenfield as at the start of the cycle, she was a little-known candidate who had never held office. Yet Greenfield has a compelling narrative: She grew up on a small rural farm and has dealt with her share of tragedy, having to overcome the death of her husband as a young mother. She’s proved to be a strong fundraiser, too, bringing in more money than Ernst in the most recent fundraising period.

But it’s unclear just how much of an advantage Greenfield has despite her national backing. The Des Moines Register endorsed Franken, citing his military and policymaking experience, and Mauro is self-funding his campaign, so his $1.5 million in campaign spending is not that far behind Greenfield’s $2.3 million. Not to mention, Greenfield has been criticized by opponents for her real estate company’s evictions of small businesses and the outside support her campaign has received. Greenfield’s allies are worried enough about Franken that the campaign arm of Emily’s List — a group that works to elect Democratic women who favor abortion rights — has spent $1 million going after him.

The two recent polls of the race show very different results, too. A mid-May survey conducted by Public Policy Polling found Greenfield at 43 percent, well ahead of Franken (12 percent), Graham and Mauro (4 percent each). The only other survey we’ve seen — a poll from Advantage, Inc. — was leaked and came with no information about its sponsor, but it showed a much tighter — and wide-open — race, with Greenfield at 19 percent, Graham at 16 percent, Franken at 15 percent and Mauro at 8 percent.

Iowa’s 4th Congressional District will be a key race to watch as well as Republican Rep. Steve King might be in real trouble of losing his seat. King’s racist and controversial statements have long made him a pariah to many Republicans, and now Republican state Sen. Randy Feenstra is challenging King, arguing that the incumbent can no longer effectively represent the district after GOP leaders stripped him of his House committee appointments.

Two mid-May surveys suggest a tight race with Feenstra, too. Always treat campaign polls with caution, but Feenstra’s internal polling found him trailing King by just 3 points, 39 percent to 36 percent, while a group backing Feenstra found King losing by 2 points, 41 percent to 39 percent. Still, King may survive this primary challenge because many Iowa conservatives haven’t abandoned him. Some influential Republican activists have ditched him, though, including Iowa social conservative leader Bob Vander Plaats, who ran an ad in support of Feenstra despite his long-standing relationship with King.

But just how competitive the Iowa 4th is in November will depend on whether King wins renomination. Democrat J.D. Scholten, who lost to King by just 3 points in 2018 in this deep red seat — President Trump carried it by 27 points in 2016 — is back for a rematch and should be competitive against King. But if Feenstra defeats King, the GOP could have a better shot at retaining this ostensibly safe Republican seat.

To the west, Montana is shaping up as the most competitive gubernatorial election in 2020, with both parties featuring contested primaries in the race to succeed term-limited Democratic Gov. Steve Bullock. On the Republican side, Rep. Greg Gianforte lost to Bullock in the 2016 gubernatorial race, but he won Montana’s at-large House seat in 2017, and he’s now taking another shot at the governorship, where he appears to have the upper hand against Montana Attorney General Tim Fox and state Sen. Al Olszewski. This is in part thanks to his sizable funding advantage — Gianforte has raised around $2 million while also loaning another $1.5 million to his campaign. By comparison, Fox has raised only $750,000, while Olszewski has brought in $350,000. The coronavirus pandemic may have boosted Gianforte, too, as he’s been able to advertise while Fox and Olszewski have been unable to campaign in person to overcome their monetary shortfall. There’s been no recent public polling, but it looks like Gianforte’s race to lose.

Meanwhile, the Democratic primary between Lt. Gov. Mike Cooney and businesswoman Whitney Williams has been something of an insider-outsider battle. Cooney has a lengthy political resume in state government while Williams is a first-time candidate — though she is the daughter of longtime Democratic Rep. Pat Williams. But the coronavirus crisis may have helped Cooney — who also has Bullock’s endorsement — as it’s given more weight to his argument that he has the know-how to govern on day one. Still, Williams has run about even with Cooney in the money race — both have raised about $800,000 for the primary — and she’s also received significant outside help from Emily’s List, which made a $700,000 ad buy on her behalf. But a dearth of polling in this primary has left us with little else to go on at this point, so it’s hard to know who is favored.

To the south, there are two congressional primaries worth watching in New Mexico. The Democratic-held 2nd District is one of Republicans’ best pickup opportunities this cycle — it voted for Trump by 10 points. Former state Rep. Yvette Herrell, who narrowly lost the seat by 2 points in 2018, is running again in the GOP primary. Herrell is a conservative grassroots favorite, but she faces stiff competition in oil executive Claire Chase. The primary has turned particularly nasty in recent weeks, with Herrell attacking Chase for her “Never Trump” past, including releasing an ad that mocks Chase’s 2015 anti-Trump social media posts. It’s not clear who has the edge here, though. We don’t have any polls of the race, and as of May 13, Chase had narrowly outspent Herrell ($1.1 million to $920,000). That said, Herrell has gotten support from outside groups like the political arm of the House Freedom Caucus and even the Democratic group Patriot Majority, which apparently believes she’ll be easier to beat than Chase in the fall.

Next door in the open 3rd District, seven Democrats are vying for the nod in this safely blue seat, including one whom non-New Mexicans may recognize: Valerie Plame, a former Central Intelligence Agency operative who was famously unmasked in 2003 after Plame’s then-husband criticized the Bush administration’s rationale for invading Iraq. With the help of a slick announcement video that went viral, Plame has raised the most money in the race (more than $2 million), but she has also been attacked for linking to an anti-Semitic article in 2017: One extreme dark-money ad even superimposed swastikas on her eyes and linked her to white supremacists. Plame’s main competition for the nomination appears to be civil-rights attorney Teresa Leger Fernandez, who has raised almost $1.3 million, has been endorsed by Emily’s List and received the most support from delegates at the pre-primary convention. We have just one recent poll of the race — an internal poll released by Emily’s List — which gave Leger Fernandez 33 percent and Plame 24 percent, with no other candidate reaching double digits.

Finally, how the elections unfold today is worth watching as well. The pandemic has forced all 10 jurisdictions voting today to make at least some changes to the way the election is being held. In addition, elections are taking place in many cities that have seen extensive unrest in the wake of George Floyd’s death in police custody, which could affect turnout in unpredictable ways.

Maryland and Montana have done the most to encourage voting by mail, sending every registered voter a ballot. The District of Columbia, Idaho, Iowa, New Mexico, Rhode Island and South Dakota stopped short of mailing everyone a ballot but did mail every voter an application to request one. By contrast, Pennsylvania merely mailed voters a postcard with instructions on how to request an absentee ballot. And Indiana waived the requirement that voters provide an excuse to vote absentee but did not mail anything out at all.

But regardless of the steps each state has taken on the vote-by-mail front, there is likely to be a big spike in the number of mailed ballots, so it will be interesting to see how states are (or aren’t) prepared to handle the increased volume. Already, concerns that many Pennsylvania voters would not receive their absentee ballots in time have prompted Gov. Tom Wolf to extend the deadline for voters in six counties to return their ballots by one week, issues with Maryland’s ballot vendor caused more than 1 million ballots to go out late, and a candidate in Idaho successfully sued to extend the deadline to apply for an absentee ballot after he argued that the state’s ballot-request website got overloaded at the last minute. And voters in several other states are complaining they still haven’t received ballots they requested weeks ago.

Every jurisdiction is also scaling back in-person voting options. New Mexico originally planned to provide 548 polling places, but only 381 are actually open. Rhode Island has consolidated its polling places from 144 in the 2016 primary to 47 this year. The District of Columbia has scaled down from 144 to 20. In addition, D.C. has imposed a 7 p.m. curfew for tonight to stem potential rioting, but voters — who can go to vote centers until 8 p.m. — are supposed to be exempt. Most drastically, Idaho is not opening any in-person voting sites at all — which many voting-rights advocates argue disenfranchises people with disabilities and without mailing addresses.

Some states left the decision of how many polling places to open up to local governments, which could also produce wide disparities in voting access in different corners of the state. For example, Marion County, Indiana — home of Indianapolis and 43 percent of the state’s non-Hispanic black population — will have just 22 polling places, down from more than 250. But suburban Hamilton County, which has the highest per-capita median income in the state, is expected to open all 125 of its usual polling places. In Pennsylvania, the majority-minority City of Philadelphia is consolidating 831 polling places into 190, while affluent suburban Bucks County was planning not to close any. For primary races that cross county and city lines, this threatens to affect the outcome by giving certain localities an outsized proportion of the total votes cast.

We’ll be watching both how today’s key races turn out and whether the elections go off without a hitch. Although we won’t be live-blogging tonight, check back for a recap article soon — just don’t expect it right away, as the high volume of mail ballots likely means results won’t be final for some time.

[carolinaone101-blog]

Carolina One Real Estate

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Description: Carolina One Real Estate is a real estate agency located in Charleston, South Carolina. Their services include helping people buy, sell and rent homes, as well as finding vacation rentals and commercial properties for lease throughout the Charleston area.

Keywords: homes for sale, vacation rentals.

Hour: Mon - Fri: 8:30 AM - 5:30 PM, Sat: 9 AM - 5 PM, Sun: 12 PM - 5 PM.

[bond-villains-are-winning]

There is NO Capitalism.

There is just Socialism. mainly four types...

1. Socialism Only for Banks (USA, post-Brexit UK),

2. Socialism Only for Party Bosses (Communism: Vietnam, China. Plus the Old USSR and the Warsaw Pact)

3. Socialism Only for the State (Fascism: Turkey, Brazil, Philippines, North Korea. In the past Mussolini Italy, Hitler Germany, Tojo Japan, Franco Spain, Salazar Portugal)

4. Socialism for Organized Worker Resistance and, incidentally, everyone else(E.U.,Japan, Korea, Singapore, Cuba. The USA 1946 to 1973, UK 1926 to 1960)

[This is a LONG post]

US Socialism Only for Banks - a History

US Bank failures prior to 1913 & the Federal reserve:

When checks from one bank are cashed in another bank, unfortunately, actual printed paper money does not relocate from bank to bank.

Nor do the banks handle accounting for liabilities as must any other business.

The Originating bank issues a check and sets up an account for the bank that cashed the check; an IOU has been issued to the 2nd bank.

The check cashing 2nd Bank books as “Income-available-for-loaning-out” the IOU from the originating bank. That IOU becomes, through the miracle of accountancy, “available” money. A current “asset”. Not a future “receivable “ as it would be in any other business.

When the second bank uses the money for one of its depositors’ checking accounts which issues a new check to pay a third party - that 2nd IOU becomes through “deposit” in the 3rd bank magically transformed into 2x the money available. Because “it”now exists in 2 banks as “an asset”.

And so on 3x) and so on (4x) an so on (5x) and...

The originating bank may be making the IOU based on a deposit or a loan

If the Originating bank makes a loan, it books as “Available-for-loan-today” both the principal and anticipated interest not due in full for many years in the future.

Any, any, any hickcup in cash flow in any bank in line creates a domino affect with the IOUs. Sufficiently sized hickups and bank failures and the various multiple Panics, five “Great Depressions” and 40+ Recessions 1782 to 1912.

(See Fed Reserve article at end of post)

Socialism Only for Banks post-1913 from the Establishment of the Federal Reserve until 1935.

Same as above (what? You thought...)

PLUS Socialism Only for the 1/3 of Banks that had joined the Reserve.

The Reserve bailed out its members after the 1929 Crash and the stronger non-member Banks at the taxpayers expense.

The taxpayer depositors lost whatever they had in the non-bailed out banks.

The St. Louis Fed Reserve in 1930 declined to bail out non-members. Triggered catastrophic failure. That failure which in turn gave rise to bank robber folk heroes Bonnie & Clyde, Ma Parker, Dillinger, Nelson, etc in the mid-west.

Continued over-extension by Banks led to continual bank failures even with Bailouts 1929 to 1934

Socialism Only for Banks 1935 to 1980

Same as above except...

FDR establishes the FDIC in which the ordinary taxpayers get to replace their own bank-lost deposits in banks to a preset imited amount - of course at the taxpayers’ expense, not the Banks’.

FDR Administration took over 1 million mortgages from failed banks at lower rates. The other million who families who applied...well...

The tax payers through the magic of doubletalk borrowed from their future tax payments to pay through the FDIC to the Bank to put back the taxpayer’s own money the over-extended bank had lost.

Anything not covered by FDIC was lost.

All banks are part of the FDIC and the Federal Reserve. Both of which essentially do the same thing without “reserves” or actual “insurance deposits”.

Regan screws us all: Socialism for Banks Only 1981 to 2007

Same as above except...

In the 1980s Speculators paid Congress to loosen banking regulations and anti-trust laws.

Massive Ponzi scheme involving Speculators purchasing Savings and Loans or “junk bonds”, making loans on wildly inflated property values, losing everything, then declaring bankruptcy 1984-1994.

The ordinary tax payers got to bail out the S&Ls through a couple of new federal agencies. The taxpayers once more borrowing from their future taxes to bailout their own current mortgages.

With Savings and Loans the 25 national commercial banks were “forced” to take over mortgages. By 2008 we were down to 6 national commercial banks.

Couple of 1990-era debacles. Building the cell phone network but somehow lost the investors money. Then overinvestment in early dial-up internet startups which lost the Investors money.

Important gibberish: “... the Gramm-Leach-Bliley Act of 1999 repealed significant aspects of the Glass-Steagall Act as well as the Bank Holding Act of 1956, both of which had served to sever investment banking and insurance services from commercial banking. From 1999 onwards, a bank could now offer commercial banking, securities, and insurance services under one roof.” (Investopedia)

Oh goodie! No more cumbersome “guberment reg-jew-laysions”!

In next to no time Commercial Banks came up with a dictionary full of gibberish (derivatives, tranches, MBS,negative amortization ) to cover bundling and selling mortgages for up to 3x any possible future payments or conceivable property value (just like S&L debacle above - see, business as usual)

In 2004 the Bush Administration “relaxed” the net capitalization requirements at the behest of five Wall Street Banks. (Less than four years later three of these experienced financial geniuses went under while two were saved by brillant...just kidding, two had “friends” in high places and were bailed out)

In 2006 the bottom fell out of the real estate market.

In 2007 no Economist saw the Iceberg ahead.

Socialism Only for Banks 2008 to Present

Same as above except...

In October, 2008 the largest single Ponzi scheme in galactic history collapsed taking down most of the world economy.

I hate to be the bearer of bad news but when we were told about the $700 billion “bailout” of 2008...no one mentioned that - according to Forbes (see link at bottom) - it was just the first installment on the $4.6 TRILLION paid out as of 2014 of the...are you sitting down?...$16.8 TRILLION the Geo W Bush Administration committed.

As I’m sure you remember, when the Banks got their Special Socialism Bailout they humbly awarded themselves Multi-Million$$ bonuses. ($132 Million$$ in 2010 when they weren’t loaning)

Then the Banks foreclosed on 16 MILLION HOMEOWNERS who were victims of Predatory loans(see graph below) Over 10% of all households.

I forget, who bailed out the self-bankrupted Banks? Oh, yeah, the US taxpayer. But at $17 Trillion also we taxpayers’ children, grand children, great grand children, etc, etc, etc, etc to sometime in the 22nd Century.

It’s not just the Banks...

Did I mention that when the Banks obtain the money to pay interest on our savings by “investing” in that Great-Ongoing-Ponzi-Institution we call the Stock Market? That 80% of all stocks are owned by the Banks - not the Super-Rich?

The Super-Rich only own about 5% of Stocks The Super-Rich own voting stocks however, unlike the stocks owned by the Banks. So the voting stocks give the Super-Rich “control” with minimal investment.

That of the $700 Billion$$ per year Congress insists the Pentagon spends, $100 Billion is for all service personnel here and abroad living in aging decrepited bases. The Lion’s share of the Budget the Pentagon doesn’t want goes to military contractors (who are, coincidentally, BIG Congressional campaign donors) for obsolete armaments no other country has or wants. Such as sitting duck’ Nuclear aircraft carriers Russia can hit from 300 miles away ; nuclear attack subs with no enemy fleets to attack; $400,000,000 temperamental fighter jets that required a week of maintenance after an hour in the air; etc, etc, etc. ( You didn’t really think we spent trillions and trillion$ fighting Iraq oilfield workers or Afghanistan farmers did you?)

When the Super-Rich screw up as they do with appalling frequency, they pay Congress to take our future tax payments to pay for today’s bailout. Or Subsidy, Or Taxcut. Or...

Of course, thanks to the Bank bailouts, Corporate bailouts/subsidies, and tax cuts for the One-Percent, we are told by their bribed stooges in Congress that “we” have to “do something about Entitlements”. By which “they” mean “gut everyone’s Social Security and Medicare”.

Also “we” “can’t afford Universal Healthcare”. Even though EVERY COUNTY with Universal Healthcare pays HALF or less than the $11,000 per person Private Insurance “Choices” costs the US Insured ($11,000 which doesn’t include “co-pays”, “not covered”, “covered, but denied”, “deductibles”)

Every country pays less. Every country in Europe including Russia. Every country in the world receiving US military aid including Israel. Small Island Nations like Grenada and Fiji with populations of 100,000 (I’ve been there and spoken to the ordinary people).

Same goes for Veteran Care, the Homeless, the Hungry, Education, etc.

What about the Future?

Idk about you, but at $17 Trillion for last decade’s imbecility I don’t think we can afford Banks, Stock Markets, Military Contractors, Big Insurance, Big Pharma, the Fossil Fuel Industry and the Super-Rich anymore.

In the near future when the Predators’ Ponzis fail, we could use the 22nd or 23rd Century’s taxpayers’ money to bail out ONLY our own 21st Century asses.

This next time let the banks fail. Break up the Mega-Corporations. And tax-like-its-theft whatever the Super-Rich have.

At this point it’s ALL been paid for with our great grandparents tax money. Our grand parents tax money. Our parents tax money. Our current and future tax money. Our children’s , their children’s. Their children’s children’s, and, of course, etc.

Otherwise...the same as above.

The Fall of World Capitalism:

Lenin was apparently correct when he predicted in 1912 the imminent collapse of late-stage Capitalism which Marx earlier predicted would be in the form of Imperalism. The First World War errupted as countries chose up “teams” to steal the other “team’s” overseas empires.

The losing side’s colonies were redistributed to the “winners” who had bankrupted themselves to achieve “Victory”. The British Empire, the French Empire, the Dutch Empire, the Belgian Empire had entered their Twilight Years.

The true winners of WW1 were the US and the USSR which took no new territories. Russia exited the ‘War to Steal Colonies’ as the USSR to save what was left of its population. That exit threatened Billion$$ the US had loaned the Allies if the Allies lost. As a result, and not for the first or last time, the US came up with a pretext to enter the war the very next month. (Google “Zimmerman Telegram”. 200,000 US casualties resulted).

“Loser” Turkey came out better as well. Their post-war nationalist revolution was evidently happy to be out from under the burden of maintaining the Ottoman Empire.

WW2 or (the Death of Late-Stage Capitalism part 2) grew out of the disaffection of number of “Victorious”countries and independence movements that felt cheated in the redistribute or in remaining colonies: Italy, Japan, China, India/Pakistan, Indonesia, Vietnam, China.

Of course, Germany and Austria had fought to a stalemate - not a defeat. So the anger of over being blockaded during the supposed 1919 Peace Negotiations with subsequent starvation of friends and families created the Nationalists who helped fuel Part 2.

Part 2 might have been avoided had the Czar spent more on transportation infrastructure for moving food. Then the October 1917 Revolution might have gone on to inflame half or all of Continental Europe and a large part of Asia. As it was, the Soviets couldn’t move food fast enough. So Lenin accepted the British bribe of food to feed the starving. In exchange for continued food supply he backed off on international revolution. (“BS”you say having not read of Revolutionary uprisings n the 1920s in Germany and England).

For a time in the US when labor had strengthened through the war years, the White working class enjoyed a “Socialism for Organized Resistance.” era 1946 to 1973. The rise of Civil Rights to join the Resistance split the White working class organized labor. Thus the downward spiral back into “Socialism Only for the Banks”.

Qualifications:

I have not researched the developing nations such as India and Africa. They may be experimenting with macroeconomic organizations different from anything above.

The Basque region of Spain continues the Anarchic economy that began in the mid-1930s. Evidently very successfully. But I regret I’ve not researched or traveled there - yet.

I have classified Cuba based on the apparent (to an outsider) Social stability and healthcare as something separate from ‘Socialism Only for Party Bosses.’ Perhaps more like Leninism before Dzerzhinsky, Stalin & the Terror?

I fear that Japan and perhaps Korea are closer to the US/UK.

I wanted this Post to be about matters I believe most of the readers don’t know about. So...

I’ve left out tax cuts. I’ve written extensively about tax cuts elsewhere as have many smarter than me. . It’s unlikely anyone who believes in Tax Cuts for the Rich will read much or any of this post.

I’ve left out how our post-Regan Oligarchical Economic System allows the suppression of wages and supplier prices while allowing price-fixing inflation. Others have written whole books. Suffice to say it is the lower half of our countriy’s economic strata who have suffered the greatest loss - about a third to a half of their comparative buying power. The same US Mega-Corporations pay Australians or Germans half again as much per hour than they pay their US workers for the exact same job.

I have left out how specifically Cartels can stagnant wages. In the decade 2008 to 2017, wages generally did not increase while we experienced 16% inflation. A few corporations in each economic sector at the top of the supply chain are in a position to fix wages and supplier prices which fix wages and supplier prices down each tier of the supply chain

I’ve left out Inflation. As has the Media for 20 or 30 years while Inflation has made us poorer but the Rich wealthier. The affect of the Banks multiplying the money supply is in economic gibberish “inflationary”. But the effect is not expansive. “Inflation” decreases the buying power of any money. As buying power decreases, the worker must work more hours to pay the same rent, buy the same food, buy the same utilities, buy the same gasoline. And/Or cut out some purchases. An argument can be made that it is the Banks and Corporate Oligarchies that are driving inflation and not the Governments generally. But I’m not up to the task.

++++++++++++++++++++++++++++++++

LINKS

Clarity from the Federal Reserve about “business as usual” and “fictitious reserves”: “One cause was the practice of counting checks in the process of collection as part of banks’ cash reserves. These ‘floating’ checks were counted in the reserves of two banks, the one in which the check was deposited and the one on which the check was drawn.2 In reality, however, the cash resided in only one bank. Bankers at the time referred to the reserves composed of float as fictitious reserves. The quantity of fictitious reserves rose throughout the 1920s and peaked just before the financial crisis in 1930. This meant that the banking system as a whole had fewer cash (or real) reserves available in emergencies (Richardson 2007).”

https://www.federalreservehistory.org/essays/banking_panics_1930_31

The COST of the bailout of 2008:

https://www.google.com/amp/s/www.forbes.com/sites/mikecollins/2015/07/14/the-big-bank-bailout/amp/

Foreclosures after 2008:

http://static.realtytrac.com/images/reportimages/foreclosure_activity_historical.png