Tuesday, June 19, 2018

Powell Stars In Honey I Shrunk My 2009 Tax Return


Sunday, June 17, 2018

POWELL CALLED CLINTON GREEDY - HA HA



Crooked Colin Powell the war on carbon criminal called Hillary Clinton "greedy"

https://nypost.com/2016/09/14/colin-powell-wont-vote-for-her-because-of-bill-clinton/

https://www.nbcnews.com/politics/2016-election/colin-powell-calls-trump-national-disgrace-hacked-emails-n648011

The Pot Calling The Kettle Black

Colin people in glass Bloom Boxes should not throw stones.

I had previously called a Bloomdoggler someone whose stupidity is only exceeded by their greed.  I did not vote for Hillary but at least she was not stupid.  Colin is Crooked and Stupid.  Donald Trump should call Powell "a national disgrace".  I just call him a BLOOMDOGGLER.  We will soon see if Crooked Stupid Colin Powell is above the TAX LAWS.




Saturday, June 16, 2018

EQUAL JUSTICE AND THE RULE OF LAW

The US IRS has been requested to investigate possible tax fraud by Colin Powell and Bloom Energy.


Friday, June 15, 2018

Holmes and Balwani of Theranos Indicted



Yippeeeee.

https://www.cnbc.com/2018/06/15/theranos-chief-elizabeth-holmes-arrested-on-federal-criminal-charges-.html


One has to remember that Theranos is the Bloom of Blood and Bloom is the Theranos of Thermodynamics. 


Thursday, June 14, 2018

Powell May be Working Overtime With Scott Pruitt ????



We all know that Sloppy Scott's EPA is in bed with Bloom Energy on reclassifying the hazmat as a raw material at Shoremet in Indiana.

The S1 Bloom that Bloom released showed that the US EPA intends to fine Bloom one million dollars for the hidden hazmat.  Bloom is fighting the fine and this may be a job given to Colin Powell as he is engaged under a retainer to influence the US Government agencies and departments.



I was the tipster to the US EPA on the Hazmat and I have emailed Pruitt that the $1 million fine is peanuts or BUPKIS as they say in the old country.  We will see where this all ends up.




Did Colin Powell Underpay Taxes In 2009?



Bloom Energy Bloomdoggle released their long awaited S1 for their IPO. 

https://www.sec.gov/Archives/edgar/data/1664703/000119312518190488/d96446ds1.htm

A crappy company that Schumer the Bloomer saved from death by retroactively extending the 30% Investment tax credit.  I won't dwell on their horrendous losses and high costs but will focus on the consulting contract between Colin Powell the disgraced former secretary of state and Bloomdoggle.

Powell was given a "retainer" of  $200,000 a year to grease the skids in US and International governments.



Powell was also given 100,000 shares in Bloomdoggle at a total cost of $10.  Yes one Hamilton got Crooked Colin 100,000 shares.  For tax purposes Bloom and Powell placed a market value of $175,000 on the shares.  This was a transaction in 2009 and hence was for the tax year 2009.


But hold on!  In 2009 one of the investors in Bloom (it could be Baby Fund My Fire Doerr) told Dan Primack at Fortune that Bloom would IPO in two years with a valuation of at least $20 billion. 

http://fortune.com/2015/03/18/bloom-energy-ceo-side-steps-questions-about-companys-future/

Back in 2009 Bloom probably had 100 million shares outstanding.  This means the imputed market value according to what the investor told Primack was $200 a share.  But Colin told the IRS the shares were only worth $1.75 each.  Based on this Colin should have reported income of $20 million for the shares given to him for One Hamilton



The SEC has all this data and the SEC went after the minnows Badger and Daubenspeck at Advanced Equities for selling shares in Bloom circa 2009.  The SEC knows what price was paid for the shares.  The SEC should inform the IRS if Colin Powell underreported his income for 2009 by getting 100,000 shares in Bloomdoggle for only $10. 

https://gigaom.com/2012/11/12/report-advanced-equities-to-close-up-shop/

Bloom is the poster child of the Rigged System.  Colin Powell is the poster child of a Deep Stater.

GREEN LIES MATTER


Saturday, June 9, 2018

Electric Vehicles In The US Get C Grade



The US DOE just issued data for 2017.  We used 2 billion kilowatt hours of  electricity to power plug in vehicles in the USA for the year.  This means that approximately 6 billion miles were driven on electric power.  Average miles driven on each vehicle probably equalled 12,000 miles for the year and therefore half a million gasoline vehicles were replaced by the electric vehicles,  This is a pretty successful but not quite as successful as Obama promised.  Obama promised a million vehicles by 2015.

From a CO2 perspective many of the plug ins are in California which has a green grid.  Let's assume each kilowatt hour of plug in power had 0.75 pounds of CO2.  The CO2 emissions from the 2 billion kwh is therefore 1.5 billion pounds.  Driving 6 billion miles on gasoline at 21 MPG would emit 6 billion pounds of CO2,  The EV revolution saved 4.5 billion pounds of CO2 emissions.

sounds great till you calculate the cost.  Over $4 billion was given in subsidies and let's assume the EV have a 10 year lifespan on the road.  This means each pound of CO2 saved over the life of the vehicle has a subsidy cost of 10 cents.  This equals $200 a ton of CO2.  An amount equal to ten times the value of the CO2 saved.

But at least the EVs did do a lot more than cellulosic ethanol.  Elon Musk is a lot smarter than Vinod Khosla.  Musk gets a C, Khosla scored a F minus.