Marvel at the beauty of Michael Moore's 10,000 sq ft summer mansion! - Page 3

**deafskeptic** · 11-15-2011, 11:06 PM

Quote:

Originally Posted by DaveM

501c3 organizations by law must make their records open to the public. His organization Center for Alternative Media was in fact a 501c3.

The key word here is personal.

jillio · 11-15-2011, 11:08 PM

Quote:

Originally Posted by DaveM

501c3 organizations by law must make their records open to the public. His organization Center for Alternative Media was in fact a 501c3.

What does that have to do with his personal income? I'll answer for you. Nothing. May as well answer the questions...you guys are blatantly refusing to answer them.

**Jiro** · 11-15-2011, 11:08 PM

Quote:

Originally Posted by DaveM

If you're referring to the Halliburton stock his IRS records are public because it was a 501c3

They are public and first found through the Hoover Institute.

From a progressive view:

Not just a few shares either. Don't forget Moore has always said he doesn't own any stock and doesn't have a broker. But his foundation owns tens of thousands of shares in Boeing, Sonoco, Eli Lilly and Halliburton, the same defense company that "Fahrenheit 9/11" attacked for making huge profits out of rebuilding such countries as Afghanistan and Iraq after U.S. military intervention.

Read more: Michael Moore a victim of his own success - seattlepi.com

Michael Moore confronted by progressive filmakers about his lies:
Michael Moore caught lying (Halliburton Stock) - YouTube

that doesn't mean Moore KNOWINGLY owned those shares to get rich.

and here's a catch

Quote:

1. He owns them through a mutual fund
2. He owns a minimal amount of shares, so he gets the stockholder reports, to facilitate his case against them

remember Roger and Me. Because of his shares of GM he was allowed to attend the shareholders meetings

kokonut · 11-15-2011, 11:09 PM

Quote:

Originally Posted by TheWriteAlex

Do you even look this shit up before you post it?

God, okay, since you have no sense to buy a clue, here's some free wiki for you: 501(c) organization - Wikipedia, the free encyclopedia

Notice the NOT-FOR-PROFIT part?

Non-profit organizations are allowed to make a profit. Non-profit is a tax status, not an operational goal.

***naisho*** · 11-15-2011, 11:09 PM

**TXgolfer** · 11-15-2011, 11:09 PM

Quote:

Originally Posted by Jiro

according to my brother - when you put in money for investment such as mutual funds, the company will invest it in wherever it sees fit in order to grow. that's their job... to grow your money. the traders do not see nor care who they're investing in on daily basis. all they see is numbers. they buy, sell, trade, short trade, etc. this is nothing like e-trade or ameritrade. My brother did this for living for a while at Wall Street.

this is how they handle your money -

they do not stop and google to research each company they put money in. I wouldn't be surprised if I owned a stock in those companies as listed above from my mutual funds.

Wow. That is pretty reckless investing. No wonder people lose money and get robbed. I read over every statement, research every new company and get alerts when changes are made. *shrug*

**deafskeptic** · 11-15-2011, 11:10 PM

txgolfer, correct me if I'm wrong but I seem to recall you talking about starting a non-profit business a while back.

jillio · 11-15-2011, 11:10 PM

Quote:

Originally Posted by kokonut

Non-profit organizations are allowed to make a profit. Non-profit is a tax status, not an operational goal.

Non-profit have to show a zero balance on a profit margin at the end of the tax year. You are mistaken, once again.

kokonut · 11-15-2011, 11:10 PM

Quote:

Originally Posted by sallylou

People who have to label other people have small minds.

Didn't you just now labeled them?

DaveM · 11-15-2011, 11:10 PM

Quote:

Originally Posted by TheWriteAlex

Do you even look this shit up before you post it?

God, okay, since you have no sense to buy a clue, here's some free wiki for you: 501(c) organization - Wikipedia, the free encyclopedia

Notice the NOT-FOR-PROFIT part?

Lol. Non profit does not literally mean no profits are made!

"Nonprofit organization (abbreviated as NPO) is neither a legal or technical definition but generally refers to an organization that uses surplus revenues to achieve its goals, rather than distributing them as profit or dividends. States in the United States defer to the IRS designation conferred under United States Internal Revenue Code Section 501(c), when the IRS deems an organization eligible. They may or may not have shareholders. [1]"

"Surplus" revenues- which means after employees and employers salaries are paid and expenses are paid - uses the surplus salaries to achieve it's goals.

Goals are anything from making movies to running the liberal mediamatters or the conservative newsbusters! $$$$$$$$$$

**Banjo** · 11-15-2011, 11:12 PM

Quote:

Originally Posted by DaveM

If you're referring to the Halliburton stock his IRS records are public because it was a 501c3

Personal IRS records are not public, and never will be. 501(c) records are not personal IRS records. They cannot be used to determine one's personal income.

**Banjo** · 11-15-2011, 11:13 PM

Quote:

Originally Posted by Jiro

according to my brother - when you put in money for investment such as mutual funds, the company will invest it in wherever it sees fit in order to grow. that's their job... to grow your money. the traders do not see nor care who they're investing in on daily basis. all they see is numbers. they buy, sell, trade, short trade, etc. this is nothing like e-trade or ameritrade. My brother did this for living for a while at Wall Street.

they do not stop and google to research each company they put money in. I wouldn't be surprised if I owned a stock in those companies as listed above from my mutual funds.

The problem with that is that they are making money off money, that is a pyramid scheme.

jillio · 11-15-2011, 11:15 PM

Quote:

Originally Posted by DaveM

Lol. Non profit does not literally mean no profits are made!

"Nonprofit organization (abbreviated as NPO) is neither a legal or technical definition but generally refers to an organization that uses surplus revenues to achieve its goals, rather than distributing them as profit or dividends. States in the United States defer to the IRS designation conferred under United States Internal Revenue Code Section 501(c), when the IRS deems an organization eligible. They may or may not have shareholders. [1]"

"Surplus" revenues- which means after employees and employers salaries are paid and expenses are paid - uses the surplus salaries to achieve it's goals.

Goals are anything from making movies to running the liberal mediamatters or the conservative newsbusters! $$$$$$$$$$

Cite your source, please. We don't like plagiarism around here.

You do understand that what you just cited shows that there is a zero profit margin at the end of the fiscal year?

jillio · 11-15-2011, 11:17 PM

Quote:

Originally Posted by Banjo

Personal IRS records are not public, and never will be. 501(c) records are not personal IRS records. They cannot be used to determine one's personal income.

Didn't we just go through this a couple of weeks ago? God, can the conservatives come up with ANYTHING original?

**deafskeptic** · 11-15-2011, 11:18 PM

Quote:

Originally Posted by DaveM

Lol. Non profit does not literally mean no profits are made!

"Nonprofit organization (abbreviated as NPO) is neither a legal or technical definition but generally refers to an organization that uses surplus revenues to achieve its goals, rather than distributing them as profit or dividends. States in the United States defer to the IRS designation conferred under United States Internal Revenue Code Section 501(c), when the IRS deems an organization eligible. They may or may not have shareholders. [1]"

"Surplus" revenues- which means after employees and employers salaries are paid and expenses are paid - uses the surplus salaries to achieve it's goals.

Goals are anything from making movies to running the liberal mediamatters or the conservative newsbusters! $$$$$$$$$$

Pay attention to the bolded and underlined parts.

jillio · 11-15-2011, 11:18 PM

Quote:

Originally Posted by deafskeptic

txgolfer, correct me if I'm wrong but I seem to recall you talking about starting a non-profit business a while back.

***naisho*** · 11-15-2011, 11:20 PM

I'm surprised how this topic boomed out of nowhere when I refreshed the page. Let me catch up now.

DaveM · 11-15-2011, 11:20 PM

Quote:

Originally Posted by jillio

Directly tied to Mackinac Center: Michigan Capitol Confidential is the news source for Michigan residents who want an alternative to “bigger government” remedies in policy debates. MichCapCon reports on the public officials who seek to limit government, those who do not, and those whose votes are at odds with what they say.

No right wing bias there.

Jillio, the MOVIE I linked to "Manufacturing Dissent" was made by well known progressive liberals Rick Caine and Debbie Melnyk.

The Hoover Institute is, of course, a conservative think tank.

jillio · 11-15-2011, 11:21 PM

Quote:

Originally Posted by naisho

I'm surprised how this topic boomed out of nowhere when I refreshed the page. Let me catch up now.

Don't worry too much about it. It is a repeat of the thread from a couple of weeks ago.

These re-runs are getting old. I want new programing!

jillio · 11-15-2011, 11:22 PM

Quote:

Originally Posted by DaveM

Jillio, the MOVIE I linked to "Manufacturing Dissent" was made by well known progressive liberals Rick Caine and Debbie Melnyk.

The Hoover Institute is, of course, a conservative think tank.

And directly connected. I used your links to track it.

DaveM · 11-15-2011, 11:22 PM

Quote:

Originally Posted by jillio

Cite your source, please. We don't like plagiarism around here.

You do understand that what you just cited shows that there is a zero profit margin at the end of the fiscal year?

The very same link that my friend provided me to try to show me what a non profit is!

**Beowulf** · 11-15-2011, 11:23 PM

Quote:

Originally Posted by naisho

I'm surprised how this topic boomed out of nowhere when I refreshed the page. Let me catch up now.

Same here. I feel like I just stumbled into a poker game where everyone plays the same and think they are expert. Thank God I don't gamble, though.

DaveM · 11-15-2011, 11:24 PM

Quote:

Originally Posted by jillio

And directly connected.

Jillio, will you just not agree with anything that shakes up your worldview? That's a religious-like faith towards politics!

**DeafBadger** · 11-15-2011, 11:24 PM

Quote:

Originally Posted by jillio

Reality is subjective. That is where you are making your gravest error. You assume your reality is reality for all.

Reality is not subjective. People are subjective in how they interpret reality.

Reality is what it is. It is people who try to spin it.

**Jiro** · 11-15-2011, 11:25 PM

Quote:

Originally Posted by TXgolfer

Wow. That is pretty reckless investing. No wonder people lose money and get robbed. I read over every statement, research every new company and get alerts when changes are made. *shrug*

that's what online trading sites like ameritrade and etrade are for. You are free to invest in whoever you want at your own choice.

but I don't want to deal with that and I want to get rich by the time I retire and be part of 1%

and that's what mutual fund is for. Put in money and forgetaboutit

people lost money because they are clueless on how to invest. that's why my brother laughed at the thought of online trading sites. pros? you get to trade yourself from your home without using middle man. cons? since too many clueless people are in it like it's casino festival, the volatility of stock market is greater. nobody got robbed.

a small yay... I just checked - my net change since previous quarter has gone up by $514.00. what a piddly amount. and no I do not know what companies my money was invested in for that gain but it's of no concern to me and same for Michael Moore. To continue harping on his Halibourton stock is nothing but a silly trifle in attempt to silence him when he is right on big picture.

delicious.

**DeafBadger** · 11-15-2011, 11:25 PM

Quote:

Originally Posted by Jiro

I was never left. I loathe it.

and you know what's funny? I'm a registered Democrat

That is funny... what's the story behind that?

**TXgolfer** · 11-15-2011, 11:26 PM

Quote:

Originally Posted by deafskeptic

txgolfer, correct me if I'm wrong but I seem to recall you talking about starting a non-profit business a while back.

Yup

jillio · 11-15-2011, 11:26 PM

Quote:

Originally Posted by DaveM

The very same link that my friend provided me to try to show me what a non profit is!

Dude, you copy and pasted without providing a link. That is plagairism. Totally unnacceptable.

jillio · 11-15-2011, 11:26 PM

Quote:

Originally Posted by DeafBadger

Reality is not subjective. People are subjective in how they interpret reality.

Reality is what it is. It is people who try to spin it.

Reality is subjective. It doesn't exist without interpretation.

**deafskeptic** · 11-15-2011, 11:27 PM

Quote:

Originally Posted by Jiro

that's what online trading sites like ameritrade and etrade are for. You are free to invest in whoever you want at your own choice.

but I don't want to deal with that and I want to get rich by the time I retire and be part of 1%

and that's what mutual fund is for. Put in money and forgetaboutit

people lost money because they are clueless on how to invest. that's why my brother laughed at the thought of online trading sites. pros? you get to trade yourself from your home without using middle man. cons? since too many clueless people are in it like it's casino festival, the volatility of stock market is greater. nobody got robbed.

a small yay... I just checked - my net change since previous quarter has gone up by $514.00. what a piddly amount. and no I do not know what companies my money was invested in for that gain but it's of no concern to me and same for Michael Moore. To continue harping on his Halibourton stock is nothing but a silly trifle in attempt to silence him when he is right on big picture.

delicious.

I believe that Warren made a fortune because he knew the insurance industry inside out.

11-15-2011, 11:10 PM	#67 (permalink)
deafskeptic Premium Member Join Date: Sep 2006 Posts: 14,512	txgolfer, correct me if I'm wrong but I seem to recall you talking about starting a non-profit business a while back. __________________ Left ear implanted with Med-El on April 24 2007. Activated on May 9th. Upgraded to Opus 2 9/10/2010 Think Pink. FREE JILLIO!

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*naisho* Forum Disorders M.D.,Ph.D Join Date: Nov 2006 Location: 127.0.0.1 Posts: 6,161

11-15-2011, 11:20 PM	#77 (permalink)
*naisho* Forum Disorders M.D.,Ph.D Join Date: Nov 2006 Location: 127.0.0.1 Posts: 6,161	I'm surprised how this topic boomed out of nowhere when I refreshed the page. Let me catch up now.