Senator Harry Reid carved money laundering loopholes in US and Nevada laws for select Republican and Democrat insiders
(Apr. 07, 2016)— Senate Minority Leader Harry Reid is attempting to bully the Senate into approving Merrick B. Garland as a Supreme Court justice to replace the late Antonin Scalia.
We think we know why . . .
The Panama Papers have unearthed Harry Reid and his friends as prime facilitators in world financial corruption. See previous post: "Obama nominates spy state consiglieri to replace Justice Scalia."
The Panama Papers is a trove of 11.5 million confidential documents detailing more than 214,000 offshore companies represented by the Panamanian law firm, Mossack Fonseca. They were leaked to the German newspaper Süddeutsche Zeitung a year ago. The newspaper teamed with The International Consortium of Investigative Journalists (ICIJ), BBC England, The Guardian, Le Monde and others to analyze the 2.6 terabytes of data before first releasing the results of their work on April 03, 2016.
The source of the leak demanded anonymity, communicated only through encrypted channels, never met the recipients and never asked for remuneration. He said his life was in danger, but believed Mossack Fonseca was doing real harm to the world.
The leak dwarfs previous leaks. The researchers are combing through 4.8 million emails, 2.1 million PDF documents, 1.1 million images and 3 million database files.Bookmark: #panama-files-research-request
Nevada accomplices protected by OBama Executive Order 13526
Among the discoveries so far is that Nevada figures prominently among the world’s scoundrel elite as a new favored location to park ill-gotten gains. Who knew? Turns out only a selected few legal insiders knew.
Barack Obama’s Dec. 29, 2009 Executive Order 13526 gave near dictatorial powers to his inner circle, including Hillary Clinton, to self-classify national security information. These powers enabled this group to cover over any potentially damaging leaks, including Hillary's private email server. It is also their Get Out of Jail Free card.
In other words, if the illegalities in their scheme to “radically transform America" into the New World Order were ever threatened with exposure, Executive Order 13526 empowered them to simply classify the threatened disclosure as top secret and thus stonewall further inquiry.
Nevada: “The World’s Favorite New Tax Haven Is the United States.”
On Jan. 27, 2016 however, Bloomberg wrote about this Nevada phenomenon in an article titled: “The World’s Favorite New Tax Haven Is the United States.”
“Some are calling it the New Switzerland,” Jesse Drucker wrote. “By resisting new global disclosure standards the U.S. is creating a hot new market, becoming the go-to place to stash foreign wealth.” Swiss lawyer Peter A. Cotorceanu called the U.S. “sanctimonious” given historically harsh U.S. criticism of Swiss banking secrecy.
Even Rothschild, the centuries-old European institution, is setting up in Reno, Nevada. In a recent presentation Andrew Penny, Rothschild & Co. said the U.S. “is effectively the biggest tax haven in the world.”
Here's how the process works:
Step 1: Declare yourself and Hillary king and queen of secrecy by Executive Order 13526
On Dec. 31, 2009, Obama signed Executive Order 13526. This order gave him and six other members of his cabinet authority to self-classify secrets reporting only to the President. Hillary Clinton and Eric Holder were also bestowed these unprecedented powers.
Step 2: Make Americans disclose foreign holdings (FATCA)
On Jan. 05, 2010, a week later, Nevada Senator Harry Reid pushed through the Foreign Accounts Tax Compliance Act (FATCA) along party lines.
FATCA sounds good on the surface. It required American holders of offshore accounts to report them to the IRS. The global community through the Organization for Economic Co-operation and Development (OECD) passed even stiffer rules requiring disclosure of underlying owners and officers of offshore accounts. This punched a hole in the secrecy veil that has been the main attraction of offshore accounts.
Tellingly, only the United States, Bahrain, Nauru, Panama and Vanuatu have refused to sign OECD.
Did Nevada make any law changes before this?
Researchers wondered if Obama’s executive order and FATCA were connected to a common Cartel agenda.
Reasoning that Nevada likely adjusted something in its laws to create “this giant sucking sound” (according to Cotorceanu), researchers went looking for 2009 changes to Nevada corporation laws.
Bingo, Step 3: Nevada corporation law – complete anonymity
On Mar. 23, 2009, just months into Obama’s presidency, Nevada state senator Valerie Wiener (1997-2012) introduced changes to Nevada corporation law to protect Nevada lawyers from liability when representing crooked offshore clients. The Nevada legislature approved Wiener's changes two months later on May 20, 2009 as Senate Bill 350.
These seemingly harmless bureaucratic changes shifted the money laundering and tax dodging Titanic almost overnight to Nevada.
Senator Wiener, a PR person by profession, proposed to exempt attorneys who are corporation agents from disclosing any information about the offshore clients they represent. She also added two sections guaranteeing these lawyers government help in collecting legal fees.
In short, the changes allowed Nevada attorneys to offer complete anonymity to offshore clients. Note that the law change applied only to Nevada attorneys. Non attorney Nevada agents still had to report suspicious client activity.
Harry Reid’s island
A simple Google search revealed that Valerie Wiener was Harry Reid’s speech writer and press secretary from 1981-1986. Logic and common sense says Harry Reid is the power behind Wiener's convenient changes to Nevada corporate law that Reid and his four sons have dramatically exploited.
Reid and his four sons are all Nevada attorneys. They are currently embroiled in a corruption scandal involving a Chinese energy company named ENN Energy Group.
Judicial Watch believes this Chinese scandal is the real reason Harry Reid is quitting the U.S. Senate.
In short, Harry Reid created the “giant sucking sound” of dirty money into Nevada. The U.S. refusal to agree to OECD ensures Nevada’s ignominious distinction as the world’s money laundering haven.
Harry Reid put forward Judge Evan J. Wallach in Leader v. Facebook
Within days in 2011 of Leader Technologies filing its appeal in Leader v. Facebook, Harry Reid sponsored his former chief counsel, Evan J. Wallach, to be a Federal Circuit judge.
Magically, when the Federal Circuit panel was named by Chief Judge Randall R. Rader, Wallach was assigned as one of the three judges—even though he had no patent law experience. Wallach ruled against Leader’s patent property rights while he held Facebook financial interests, including Fidelity Contrafund—the largest mutual fund holder of Facebook pre-IPO stock. That distinction continues. Contrafund continues to be the darling holding of Obama's Cartel insiders. Chief Justice John G. Roberts holds it, as does Eric H. Holder, Jr. and Wallach's fellow Leader v. Facebook judge Kimberly A. Moore, as well as 12-year former FBI director Robert S. Mueller.
Wallach’s & Reid's complicity in the theft of social networking
Senate counsel, Evan J. Wallach, as Federal Circuit judge on Nov. 18, 2011. A few months later, Wallach ruled against Leader Technologies' social networking patent despite having no experience in patent law.
Wallach’s decision protected the theft of Leader Technologies’ social networking patent by Facebook and the IBM Eclipse Foundation. This made Wallach an accomplice in the Greatest Financial Crime in the history of the World since the total value of social media reaches into the multiple trillions of dollars.
As a further indicator of the immorality of Wallach and the Federal Circuit judges, on May 23, 2014, Rader resigned as chief judge in a scandal involving one of Facebook’s other attorneys, Weil Gotshal LLP. In his involvement as chief judge in the Leader v. Facebook appeal, Rader was silent about his conflicts of interest with James P. Chandler as well as Facebook's attorney, Thomas G. Hungar. The old boys just winked.
Harry Reid’s central role in the corruption of global banking must be investigated.
Readers are encouraged to contact ICIJ, Süddeutsche Zeitung, Le Monde, The Guardian and BBC to analyze their Panama Papers database to further expose Nevada’s role in the corruption of global banking and ethical international discourse.
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Notice: This post may contain opinion. As with all opinion, it should not be relied upon without independent verification. Think for yourself. Photos used are for educational purposes only and were obtained from public sources. No claims whatsoever are made to any photo.
- AFI. (Mar. 16, 2016). Obama nominates Spy State consiglieri to replace Justice Scalia. Americans for Innovation.
- AFI (Dec. 29, 2009). Timeline for Executive Order 13526. People you trusted are now hijacking the Internet. Americans for Innovation.
- Executive Order 13526 (Dec. 29, 2009). Classified National Security Information. Sec. 4.3(b)(6). Barack Obama. White House. Government Printing Office.
- Drucker, J. (Jan. 27, 2016). The World’s Favorite New Tax Haven Is the United States. Bloomberg Businessweek.
- H.R. 2847. (Jan. 05, 2010). Hiring Incentives to Restore Employment Act, incl. Title V. Foreign Account Tax Compliance Act (FATCA). GPO.
- BDR 7-1118. (Mar. 23, 2009). Nevada Senator Valerie Wiener proposed changes to Nevada corporation statute to protect attorneys from liability for shielding the identity of offshore clients. Nevada Archives.
- S.B. 350. (May 20, 2009). Changes to Nevada corporations statute shielding attorneys from liability for protecting corrupt offshore clients. Nevada Legislature.
- Valerie Wiener. (Jul. 10, 2010). Biography. Harry Reid's speech writer and press secretary (1981-1986). Nevada State Senate campaign. Accessed Apr. 05, 2016. Archive.org.
- Staff. (Mar. 30, 2015). Corruption Scandals Led to Harry Reid’s Abrupt “Retirement”. Corruption Cronicles. Judicial Watch.
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