Legal

How Diligent Must “Due Diligence” Be?

News Analysis: A Miami, Florida Real Estate Developer purchased land on which was allegedly discovered (a number of years ago) to be a 2,000 year old  “Tequesta” Residential Community. Now the Developer is concerned that its Investment in the 34 Story Project will be Abrogated by Authorities (possibly with only partial compensation returning to the Developer).

A question of Investors regarding the property, assuming an Eminent Domain or comparable Action is taken by Authorities, if “Due Diligence” was performed Prior To the Escrow Close of the Property? Beyond mere Title Searches, what Physical Tests, if any, were conducted? Tests (such as Shallow-Drilled Core Samplings)  may have discovered Artifacts just under the topsoil). Also, Ground Penetrating Radar may have shown any anomalies such as Panther (Puma concolor coryi) or Whale Bones up to a depth of approximately 12 meters (37 feet). Beyond the drilling, Soil Chemical Composition Testing would show Atypical Elements present in the “Sand” such as Iron Oxide (Fe2O3) for example. If detected, one would have to examine how it was imported onto the property.

Another Investigation Platform would be any Old Mapping performed by ‘Pioneers’ in the area (or years later by Railroad Surveys); Both would be in Public or University Libraries of any consequence.

For the City of Miami, Dade County, the State of Florida, and America, many Citizens consider the Site Priceless; another 34 Story Building (perhaps, not so).

Investors, who put their monies in this Project may want to ask; “Why were not the Aforementioned Investigations, as noted above, undertaken, if they were not?” “Is not the Real Estate Developer and/or ‘Structural Engineering Contractor” actually experienced in such “Pre-Construction” Matters?” Some say: “The Expense ‘Saved’, by not discovering nor understanding the Legal Implications of the Tequesta Village, may become very Expensive.”

When is “Due Diligence” actually ‘Diligent’ rather than ‘Cosmetic’?

Caveat Emptor.

Reality.

Reference: http://www.dailymail.co.uk/news/article-2552067/Remains-village-downtown-Miami-likely-significant-prehistoric-sites-United-States.html

European Union Members Fight Bribes And Corruption Costing Them 120 Billion Euros Yearly

News Analysis: At a cost of 120 Billion Euros ($158 Billion Dollars) Yearly, The European Union (EU), is trying to come to grips with this ‘Grand Vol’. Bribes paid and General Corruption at all levels of Government and Private Business, many people think, is of even Greater Cost than that which has been estimated.

Economic Recovery in Europe cannot advance as it should with this Unaudited Flow of Funds perhaps leaving Europe and going to “Safer Environs” for the Miscreants. If one adds in Repatriated Funds being sent out of Europe to other Continents an anticipated recovery may take longer to achieve.

Even more costly is the fact, that much like in America (the Wealthiest and perhaps Most Corrupt Nation in terms of Amount of Money involved in Individual “Deals”) are the Ideas, Inventions, and Technologies that will never see the ‘Light of Day’ without Payoffs; it is Systemic throughout High Technology Industries (especially Aircraft Manufacturing). Management will never utilize a Product unless they “Own a Piece of It”! Who in America ever goes to Prison for Bribery in getting Federal or State Contracts?

One cannot put a Price Tag on the cost to Europe or in America; “Pay if you want to Play”.

Legitimate Governments, Corporations, and Citizens need to adopt the Mantra: “Take the Thievery Away, We will Not Pay”.

Reality.

 Reference: http://www.bbc.co.uk/news/world-europe-26014387

☆ The Four+ Trillion Dollar Indebtedness ‘Joke’ On Americans

News Analysis: The Reality of Four+ Trillion Dollars of U.S. Federal Reserve Debt mustered by the ‘Brilliance’ of the departed former head of the U.S.  Federal Reserve is barely recognized by the U.S. News Media. $834+ Million Dollars was the amount that  was initially on the “Fed’s” books when the Employment Term commenced.  

In spite of the expenditures by this aforementioned Economic ‘Genius’, Unemployment in America has remained dismal. In fact more Americans than ever before are not even seeking employment.

The “Fed’s” Approach in propping up the economy, as it tried to do, was a Sophomoric Idea.  Americans (on top of this “Fed” Debt) are  being presently “Hammered” by an Ineptly Designed Health-care Law;  some people say to promote a person’s “Legacy” in American History. If one is to Talk the Talk, He must be able to Walk the Walk. Inexperienced Amateur “Wannabees” need not apply. They just “Mess Things Up”.

Unfortunately for the American Citizenry, the Four+ Trillion Dollars of “Fed” Debt will have to be dealt with by They, their Children, and Grand children; The Damage has already been done by the Person that Departed.

It is alleged than more of the Chicanery will continue by the new replacement at the “Fed” even though only scant benefits have occurred to the American Economy.

One thing Americans can be sure of, the Mass Media will discuss the Effete State of the American Economy in the most Glowing of Terms (as will be expected of Minions of the U.S. White House). Conversely, in the two forthcoming Elections, Americans who are tired of being treated as Freiers, can vote out the Inept Regime with all of its Baggage.

Reality.

Reference: http://www.cnsnews.com/news/article/ali-meyer/bernanke-leaves-fed-record-balance-sheet-4102138000000

☆ Trans Pacific Partnership (TPP) Develops A “Hole In Its Keel”?

News Analysis: The Vigilant Efforts of U.S. Senate Majority Leader Harry Reid, of Nevada, is at odds with the Wishful Thinking of some White House Members regarding the Trans Pacific Partnership (TPP). Their wanting Congress to ‘Rubber Stamp’ their Scheme has many Senators and Members of the House of Representatives saying “NO”. They want to analyze what the White House Minions may have tentatively agreed to. Many people think Corporations Establishing International Laws is Wrong (as allegedly the ‘TPP’ allows).

Senator Reid, who has before shown his Independent Thinking in similar matters, does not want a “Rush To Judgment” regarding the ‘TPP’.

A seldom discussed element of the ‘TPP’ is why China and Russia, who both abut the Pacific Ocean, are not included in this ‘Partnership’. Perhaps residual ‘Cold War’ Mentalities continue to permeate the White House? This, in spite of the fact that China has purchased approximately $1.3 TRILLION DOLLARS of U.S. Federal Securities!

Many Economists realize that if China were to Withdraw from the U.S. Securities Market, a “1929” Scenario would be a Reality for Americans unfortunately. What would the White House do then? Again, go to Las Vegas, Nevada for some Entertainment?

Hopefully, Independent Thinkers like Harry Reid will provide a balance to the  ‘TPP’ Teeter-Totter.

Reality.

Reference: http://tinyurl.com/l85u9dm

★ One Does Not Have To Like A Physician Terrorist Leader, But One Should Respect Him

News Analysis: The Billions of Dollars spent by the American Government and other Governments trying to Curtail or Decimate a Principal Terrorist Organization (PTO) (and its Egyptian Physician Leader), is inversely related to their success in doing so. The ‘PTO’ is allegedly more geographically wide spread now than when it struck America on ‘9-11’ (an interesting numerical reference to the U.S. Civilian Emergency Telephone Number, some say).

People think that the ‘PTO’ Former Leader (being conveniently shot and his body disposed of rather than being arrested and brought back to America to stand trial as per International Law) may have revealed some Disconcerting Information about what really happened and Who knew What and When in the U.S. White House regarding the ‘9-11’ Attack. Dead Men Cannot Testify in Court.

Moreover, the Farcical Reports by the Mass Media that the former Saudi Arabian Leader “was hiding in caves FOR YEARS” were insults to the intelligence of the American Population. Who in the U.S. Government passed such Drivel on to the Journalism Majors (who did not know any better)?

It appears that the Continuing Position of the Current Regime in the White House is to make the ‘PTO’ a mere “Afterthought” on the ‘World Stage’ while it continues to spend Billions of Dollars trying to catch or eliminate the ‘PTO’ and its Egyptian Physician Leader. Perhaps, some say, the Intellect of the ‘PTO’ Leader is Greater than the Intellect of those World Leaders who seek to Destroy Him? He must be laughing since the First and Fourth Amendments of the U.S. Constitution have effectively been dispensed with for Americans. This as the “Search for Terrorists Behind Every Bush” Mantra stays in place as evidence of the Mass Hysteria in the U.S. Intelligence Community remains. 

After many years trying to eliminate the ‘PTO’, it has apparently morphed into a more Diffuse Organization. Yet, the U.S. National Security Agency is supposed to be able to track ALL World Communications? People are not receiving the Peace they seek; something is amiss.

Perhaps the “Masters of the Universe” in the Intelligence World who have “Been There and Done That” will realize that the Meager “Extermination” Returns they are getting after over a Decade, while spending Billions of Dollars yearly in doing so, need a change. But certainly not the “Change” promised Voters over the last Two Elections.

Reality.

Reference: http://www.weeklystandard.com/articles/rumors-al-qaeda-s-demise_776000.html?page=1

Peru and Chile: Two Countries In A Mutual Dispute Become Two Winners To Salute

News Analysis: Peru and Chile have received a Ruling from the International Court of Justice, in the Hague,  regarding Maritime Boundary between the two Countries. Of the 38,000 km2 (14,672 mi2) in question, 22,000 km2 (8,494 mi2) went to Peru and 16.000 km2 (6,177 mi2), which was closer to shore, benefited Chile.

The best aspect of this arrangement is that it will allow two friendly abutting Nations to enjoy the Maritime Wealth of these stipulated portions, without question.

Both Chile and Peru have Wise Leaders who realize that Cooperation Outperforms Conflict Every Time.

Investors should consider putting some monies into these Two Countries for attainment of Long Term Financial Diversification. Both Countries offer many Business Opportunities to those with Foresight.

Reality.

Reference: http://www.peruviantimes.com/29/peru-starts-implementation-of-new-maritime-border/21411/

When Rats, Who Cannot Take The Heat, Think There Is A Fire, Are Prone To Abandon Ship

News Analysis: The Usurping of the U.S. Constitution’s First and Fourth Amendments along with the Abandonment of Sacrosanct Worlds’ Right To Individual Privacy by some American and British Civil Servants is causing the Interlopers grief. Their Haughty Days of Privacy Invasion are getting the “Light of Day” focused thereon. Like Cockroaches scurrying in the dark, they abhor visibility.

Today’s Nomination in Norway of the “World Revelation Master” should give other Cockroaches even more pause to think.

The FACT that these Civil Servants have produced NO PROOF that they have thwarted ANY Terrorist Attack Against America should produce shame for them. Lacking integrity, these ‘Sociopaths on a Spurious Mission’ do not care one iota about Privacy Invasion of the World.

The Countries which have substantial Privacy Invasion Laws should consider legal action against these Rats for their Thieving Actions. Perhaps a few years in Prison would make them realize the errors of their Sociopathic Behaviors they Committed Against Everyone In The World.

What International Legal Authority did they have for committing these Invasions for Many Years?

Their Elected Political Bosses (who disclaim knowledge of the scope of the Crimes) are no better than these Civil Servant Cockroaches.

This situation should be declared to be “Legalized Organized Crime By International States.”

Reality.

Reference: http://rt.com/news/gchq-head-resign-snowden-339/

Should Legitimate Insurance Claims Not Honored Be Called “Scams”?

News Analysis: A Major World Insurance Company is allegedly having its fine reputation tainted by Irate Clients who say they are NOT collecting Funds from their Legitimate Claims of one of its Units. It appears that an impending Marketing Nightmare is unfolding due the Unit refusing to pay Claims by Insureds.

Many people around the world, who follow International Insurance Matters, think that only the Foolhardy would deny Claim Satisfaction of Clients.

Good Management of any Business (Insurance or otherwise) is Pro-Active Management; anything less is effete.

Great Reputations are difficult to Build, but very easy to Destroy.

Reality.

Reference: http://kashmirobserver.net/news/business/protest-against-insurance-company-dodging-clients

European Tax Evaders Punished Vary As Much As Countries’ Tax Rates

News Analysis: Italy has a lesser percentage of Tax Evaders in Prison than most other European Countries according to the latest statistics. This country “… has six times fewer white-collar criminals than Holland, ten times fewer than Sweden, the UK or Norway, eleven times fewer than Finland, fifteen times fewer than Spain and twenty-two times fewer than Turkey.”

If one considers the Financial Debacle occurring in Greece many wonder if it has ANY imprisoned Tax Evaders?

Many Penologists think that there has to be an Ideology of Rapid Apprehension and Swift Incarceration (for Tax Evaders to choose other activities to pursue). The Pain has to Exceed the possible Financial Gain of Tax Evasion for proper behavior modification.

Until Countries collectively assess Economic Crimes for what they are and promulgate Rules and Punishments for Offenders they can expect Deviant Financial Behavior to occur by some of their Citizens.

Reality.

Reference: http://www.corriere.it/english/14_gennaio_27/italian-tax-dodgers-also-dodge-prison-ab672398-8756-11e3-b7c5-5c15c6838f80.shtml

106 Swiss Banks Have Decided Not To Be “Banksters” (Who Assist American Tax Evaders)

News Analysis: The U.S. Government has been engaging in ‘Unraveling’ the Swiss Bank/Client Cover-Ups of Undeclared Incomes of American Citizens. One might think that the U.S. National Security Agency revelations about monitoring ALL Electronic Communications in the World would give the Tax Evaders reason to ‘Come Clean”; perhaps their arrogance gets the better of them.

The reporting of Swiss Bank Employees taking Clients’ Bank Account Information from their Employers and turning them over to Countries’ Tax Authorities would impact on the psyches of the Tax Evaders, also.

Now, approaches the time to “Pay The Piper” by Swiss Banks who will be punished by U.S. Tax Authorities for the Willful Deceit they benefited from, for decades, in many cases.

Wanting to be “Bankers” rather than “Banksters”, these Administrators of Money Entrepots will have to “Cease and Desist” their Collusion and Identify the naïve Tax Evaders.

The Ill-Gotten Gains of the Banksters will hopefully not equal the Punishment Costs and Loss of Good Reputations they will receive by these American Penal Actions.

“‘Anything For A Buck’ (AFAB) is just not worth it” Wise Men would say; but some Banksters may disagree (until after they are caught and punished).

Reality.

Reference: http://www.scmp.com/business/banking-finance/article/1414556/over-100-swiss-banks-seek-amnesty-helping-americans-evade