TV News LIES

Thursday, Mar 28th

Last update06:49:59 AM GMT

You are here News Domestic (USA) Jack Lew, Citigroup and the Ugland Truth

Jack Lew, Citigroup and the Ugland Truth

E-mail Print PDF

Jack LewAlong with its sandy beaches and quality snorkeling, the Cayman Islands’ reputation as an offshore tax haven for corporations, banks and hedge funds has become so well-known its financial institutions now are featured in travel brochures as yet another tourist attraction.

So as we traveled across the Caribbean this week — including a stretch paralleling the south coast of Cuba past Guantanamo Bay and the Sierra Maestra mountains, where Castro and his revolutionaries once hid out — we made a stop in George Town on Grand Cayman Island. A short walk along the shore took us to 335 South Church Street, a location made famous by Barack Obama a few years ago and more recently, Jack Lew, during his confirmation hearings to become Secretary of the Treasury.

There you’ll find Ugland House, a five-story office building that, according to a 2008 report from the U.S. Government Accountability Office (GAO), houses 18,857 corporations, about half of which have billing addresses back in the States. It’s the business world equivalent of one of those circus cars that’s packed with more clowns than you thought possible. In 2009, Obama said of Ugland House, “either this is the largest building in the world or the largest tax scam in the world.”

TVNL Comment:  Corporate lobbyists make the laws that benefit them, and the rest of us are fodder for their mill.  Wake up, America.

More....


Most Recent Related Stories...


John Eastman, architect of Trump’s 2020 election plot, should be disbarred, judge rules

John Eastman A California judge on Wednesday recommended the disbarment of John Eastman, calling to revoke the law...

DeSantis allies reach settlement over who controls Disney’s governing district

DiSantis settles with Disney Allies of Ron DeSantis reached a settlement agreement with Disney in a lawsuit over who controls...

MyPillow CEO Mike Lindell faces warehouse eviction, owes $200K in rent

My Piilow guy faces evictionIn October, Lindell's lawyers said he was out of money and unable to pay them for...

Texas Attorney General Settles Fraud Charges After Avoiding Trial For 9 Years

Keb PaxtonTexas Attorney General Ken Paxton on Tuesday agreed to pay nearly $300,000 in restitution under a...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!