#46 President Joe Biden

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  • bootlegger10
    bootlegger10 Posts: 16,254
    mickeyrat said:
    mickeyrat said:
    “Know he lied”. 

    So when he said he’d be a transitional president, then announced later he was running for a second term, was it a lie, or did he change his mind based on changing circumstances? 

    When he said he wasn’t dropping out of the race, then dropped out, was he a liar, or did he change his mind based on changing circumstances? 

    It’s not semantics to know the difference between lying and changing your mind. 

    It’s not mental gymnastics to know you don’t know a person’s intent in the absence of one shred of evidence either way. 

    The funny thing is, all those claiming to know his original intent regarding Hunter, I don’t recall one single post at the time saying they didn’t believe him, or anyone calling him a liar. 

    That and the fact that the “mental gymnasts” just don’t really give a fuck. 
    Can you at least entertain the thought that he lied?   Is it so strange to believe that a politician lied, or that people would think someone lied when someone does something they said they wouldn't do multiple times?     If this was Trump, you'd say he was a liar.  Just accept that you have biases like everyone does.
    can you entertain the thought that he didn't?

    or at least acknowledge "facts on the ground" changed with the election.
    He very well could have changed his mind.  But it is convenient that he changed his mind after it politically did no harm to him.  I am not a legal expert, but I gotta think that Biden could have narrowed the pardon and left the convictions in place that the facts did not change on.  

    He and the media got a lot of mileage out of saying there would be no pardon.  Look at us, we have such integrity and respect the rule of law.  Election lost.  Pardon done.

    he was done in July. yet it didnt happen until after statements made by the sycophant class in fucksticks orbit AFTER the election. Comer saying more investigations (reminder the sp counsel also charged comers star witness in the hearings)
    But the original investigations led to convictions.  And Biden said he respected the decisions and rule of law. 

    So who is to say the next round of inquiry wouldn’t lead to actual convictions?    Shouldn’t the rule of law still be priority?  

    I get it.  Biden has the right to do it.  Just think he knew he was going to pardon him all along.  
    How many rounds of investigations based on a political grievance should a private citizen have to endure?
    I don't know.  Don't feel sorry for someone that gets his dead brother's widow hooked on drugs.  
  • HughFreakingDillon
    HughFreakingDillon Winnipeg Posts: 39,449
    mickeyrat said:
    mickeyrat said:
    “Know he lied”. 

    So when he said he’d be a transitional president, then announced later he was running for a second term, was it a lie, or did he change his mind based on changing circumstances? 

    When he said he wasn’t dropping out of the race, then dropped out, was he a liar, or did he change his mind based on changing circumstances? 

    It’s not semantics to know the difference between lying and changing your mind. 

    It’s not mental gymnastics to know you don’t know a person’s intent in the absence of one shred of evidence either way. 

    The funny thing is, all those claiming to know his original intent regarding Hunter, I don’t recall one single post at the time saying they didn’t believe him, or anyone calling him a liar. 

    That and the fact that the “mental gymnasts” just don’t really give a fuck. 
    Can you at least entertain the thought that he lied?   Is it so strange to believe that a politician lied, or that people would think someone lied when someone does something they said they wouldn't do multiple times?     If this was Trump, you'd say he was a liar.  Just accept that you have biases like everyone does.
    can you entertain the thought that he didn't?

    or at least acknowledge "facts on the ground" changed with the election.
    He very well could have changed his mind.  But it is convenient that he changed his mind after it politically did no harm to him.  I am not a legal expert, but I gotta think that Biden could have narrowed the pardon and left the convictions in place that the facts did not change on.  

    He and the media got a lot of mileage out of saying there would be no pardon.  Look at us, we have such integrity and respect the rule of law.  Election lost.  Pardon done.

    he was done in July. yet it didnt happen until after statements made by the sycophant class in fucksticks orbit AFTER the election. Comer saying more investigations (reminder the sp counsel also charged comers star witness in the hearings)
    But the original investigations led to convictions.  And Biden said he respected the decisions and rule of law. 

    So who is to say the next round of inquiry wouldn’t lead to actual convictions?    Shouldn’t the rule of law still be priority?  

    I get it.  Biden has the right to do it.  Just think he knew he was going to pardon him all along.  
    How many rounds of investigations based on a political grievance should a private citizen have to endure?
    I don't know.  Don't feel sorry for someone that gets his dead brother's widow hooked on drugs.  
    nice. 
    Hugh Freaking Dillon is currently out of the office, returning sometime in the fall




  • mickeyrat
    mickeyrat Posts: 44,330
    or have empathy for broken people.
    whatever works I guess....

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  • bootlegger10
    bootlegger10 Posts: 16,254
    mickeyrat said:
    or have empathy for broken people.
    whatever works I guess....

    Cheats on taxes.  Denies being a father until has to admit.   Selling "artwork" for $100s of thousands (yeah, being son of president had nothing to do with that). Lies on gun applications. 

    And I'm the bad guy here.  Whatever.   
  • HughFreakingDillon
    HughFreakingDillon Winnipeg Posts: 39,449
    addicts do all sorts of things to feed their addiction. doesn't make them a bad person. 
    Hugh Freaking Dillon is currently out of the office, returning sometime in the fall




  • mickeyrat
    mickeyrat Posts: 44,330
    mickeyrat said:
    or have empathy for broken people.
    whatever works I guess....

    Cheats on taxes.  Denies being a father until has to admit.   Selling "artwork" for $100s of thousands (yeah, being son of president had nothing to do with that). Lies on gun applications. 

    And I'm the bad guy here.  Whatever.   

    I said you were the bad guy for offering an alternative way of thinking? really?

    is it just him thats irredeemable or is that most or all addicts/alcoholics?
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • shecky
    shecky San Francisco Posts: 2,652

    Published Dec 03, 2024 at 9:32 AM ESTUpdated Dec 03, 2024 at 11:07 AM EST
    By Sean O'DriscollSenior Crime and Courts Reporter
    President Joe Biden may pardon his brother, Jim, to protect him from indictment, Republican members of the House Oversight Committee have said.The committee's chairman, James Comer, told Fox News on Monday that Jim Biden's loan deals were crimes and that he should be indicted, along with the president."I believe two other Biden family members definitely and knowingly committed crimes. In addition to Hunter Biden, you have Jim Biden and Joe Biden," he said.Newsweek sought email comment from the White House and from Jim Biden's attorney on Tuesday.President Biden controversially pardoned his son, Hunter, just weeks before he was due to be sentenced on gun and tax crimes. He also pardoned him for any crimes from the years 2014 to 2024 inclusively— years in which he was involved in business deals with his uncle, Jim.

    Who is Jim Biden?

    Joe Biden's younger brother is a businessman who has dabbled in everything from nightclubs to insurance to hospitals.In 2022, The Washington Post described him in a profile article as a "political wild card" who had frequently used the president's name to attract investors."From the start of Joe Biden's political career, James, who is seven years younger, has also walked up to ethical lines his brother has avoided, leaving a complicated trail of business dealings and angry lawsuits," the profile states.As a young student, Jim Biden dropped out of the University of Delaware and began his investment career. In 1972, he used his business skills as chief fundraiser when Joe Biden first ran for the Senate.He and Hunter Biden are close. Hunter Biden's emails, which were leaked by a laptop repair shop owner, reveal Jim Biden's willingness to share advice with his nephew."Hunter, we are cut from the same cloth," one email states. "You are a fine and yes, a gentle person. Believe it or not, I know you. Sounds corney [sic], but we both deserve to enjoy the moment. Concentrate on the good in our lives and try to step out of all the bulls*** you deal with on a minute to minute basis."Jim and Hunter Biden were working on a deal with Chinese executives at the time and have worked on other foreign deals together through the years.

    What is Jim Biden Accused Of?

    Republicans say that Jim Biden traded on his brother's name to take out loans and never repaid them.In February, Jim Biden told a joint hearing by the House Oversight and Judiciary Committees that he did not take out any improper loans.He told the committees on February 21 that fund manager Michael Lewitt wrote off $225,000 in loans to his firm when he was investing in a rural hospital chain.However, in March, Lewitt, told the news site, Politico, that he did not forgive the loans.He said a third party, which he declined to name, took over the debt. This taking over of the debt by the mysterious party occurred in 2020, while Joe Biden was running for president.Politico also claimed that Jim Biden invoked Joe Biden's name while investing in the rural hospital chain.That has led to intense interest by Republican congressmen, hoping to uncover business links between Jim and Joe Biden."Jim Biden, he took in all these loans, he didn't pay any interest, didn't pay any principal, had no loan documentation. At what point do those loans become income, they never pay taxes on," Comer told Fox host, Sean Hannity, on Monday."And by the way, why did he get those loans? And what was he doing?" Comer asked.Another Republican member of the Oversight Committee, Texas Congressman, Pat Fallon, told Fox on Monday that Jim Biden could "very well be" the next Biden family member to receive a presidential pardon."Joe Biden has been lying to the American people for so long about this and other things," he said._________________________________________________________________________

    I think it's going to be a bridge too far if Joe dares to pardon his brother, Jim. It's no secret that the Biden family has been very shady in their business dealings over the years. And yet, we all witnessed the public disgust recently when Joe, despite his many promises to the contrary, did indeed issue a blanket pardon covering a span of 11 years to his son Hunter. Imagine the outcry if the much lesser known brother, Jim Biden, gets the same preferential treatment. As I said, "a bridge too far".
  • tbergs
    tbergs Posts: 10,398
    shecky said:

    Published Dec 03, 2024 at 9:32 AM ESTUpdated Dec 03, 2024 at 11:07 AM EST
    By Sean O'DriscollSenior Crime and Courts Reporter


    President Joe Biden may pardon his brother, Jim, to protect him from indictment, Republican members of the House Oversight Committee have said.

    The committee's chairman, James Comer, told Fox News on Monday that Jim Biden's loan deals were crimes and that he should be indicted, along with the president.

    "I believe two other Biden family members definitely and knowingly committed crimes. In addition to Hunter Biden, you have Jim Biden and Joe Biden," he said.

    Newsweek sought email comment from the White House and from Jim Biden's attorney on Tuesday.

    President Biden controversially pardoned his son, Hunter, just weeks before he was due to be sentenced on gun and tax crimes. He also pardoned him for any crimes from the years 2014 to 2024 inclusively— years in which he was involved in business deals with his uncle, Jim.

    Who is Jim Biden?

    Joe Biden's younger brother is a businessman who has dabbled in everything from nightclubs to insurance to hospitals.In 2022, The Washington Post described him in a profile article as a "political wild card" who had frequently used the president's name to attract investors."From the start of Joe Biden's political career, James, who is seven years younger, has also walked up to ethical lines his brother has avoided, leaving a complicated trail of business dealings and angry lawsuits," the profile states.As a young student, Jim Biden dropped out of the University of Delaware and began his investment career. In 1972, he used his business skills as chief fundraiser when Joe Biden first ran for the Senate.He and Hunter Biden are close. Hunter Biden's emails, which were leaked by a laptop repair shop owner, reveal Jim Biden's willingness to share advice with his nephew."Hunter, we are cut from the same cloth," one email states. "You are a fine and yes, a gentle person. Believe it or not, I know you. Sounds corney [sic], but we both deserve to enjoy the moment. Concentrate on the good in our lives and try to step out of all the bulls*** you deal with on a minute to minute basis."Jim and Hunter Biden were working on a deal with Chinese executives at the time and have worked on other foreign deals together through the years.

    What is Jim Biden Accused Of?

    Republicans say that Jim Biden traded on his brother's name to take out loans and never repaid them.In February, Jim Biden told a joint hearing by the House Oversight and Judiciary Committees that he did not take out any improper loans.He told the committees on February 21 that fund manager Michael Lewitt wrote off $225,000 in loans to his firm when he was investing in a rural hospital chain.However, in March, Lewitt, told the news site, Politico, that he did not forgive the loans.He said a third party, which he declined to name, took over the debt. This taking over of the debt by the mysterious party occurred in 2020, while Joe Biden was running for president.Politico also claimed that Jim Biden invoked Joe Biden's name while investing in the rural hospital chain.That has led to intense interest by Republican congressmen, hoping to uncover business links between Jim and Joe Biden."Jim Biden, he took in all these loans, he didn't pay any interest, didn't pay any principal, had no loan documentation. At what point do those loans become income, they never pay taxes on," Comer told Fox host, Sean Hannity, on Monday."And by the way, why did he get those loans? And what was he doing?" Comer asked.Another Republican member of the Oversight Committee, Texas Congressman, Pat Fallon, told Fox on Monday that Jim Biden could "very well be" the next Biden family member to receive a presidential pardon."Joe Biden has been lying to the American people for so long about this and other things," he said._________________________________________________________________________

    I think it's going to be a bridge too far if Joe dares to pardon his brother, Jim. It's no secret that the Biden family has been very shady in their business dealings over the years. And yet, we all witnessed the public disgust recently when Joe, despite his many promises to the contrary, did indeed issue a blanket pardon covering a span of 11 years to his son Hunter. Imagine the outcry if the much lesser known brother, Jim Biden, gets the same preferential treatment. As I said, "a bridge too far".
    You seem pretty concerned about Biden and his family, but nothing concerning about Trump. Huh, weird, but I'm sure you're all about the rule of law or you're just a hypocrite as usual.
    It's a hopeless situation...
  • shecky said:

    Published Dec 03, 2024 at 9:32 AM ESTUpdated Dec 03, 2024 at 11:07 AM EST
    By Sean O'DriscollSenior Crime and Courts Reporter


    President Joe Biden may pardon his brother, Jim, to protect him from indictment, Republican members of the House Oversight Committee have said.

    The committee's chairman, James Comer, told Fox News on Monday that Jim Biden's loan deals were crimes and that he should be indicted, along with the president.

    "I believe two other Biden family members definitely and knowingly committed crimes. In addition to Hunter Biden, you have Jim Biden and Joe Biden," he said.

    Newsweek sought email comment from the White House and from Jim Biden's attorney on Tuesday.

    President Biden controversially pardoned his son, Hunter, just weeks before he was due to be sentenced on gun and tax crimes. He also pardoned him for any crimes from the years 2014 to 2024 inclusively— years in which he was involved in business deals with his uncle, Jim.

    Who is Jim Biden?

    Joe Biden's younger brother is a businessman who has dabbled in everything from nightclubs to insurance to hospitals.In 2022, The Washington Post described him in a profile article as a "political wild card" who had frequently used the president's name to attract investors."From the start of Joe Biden's political career, James, who is seven years younger, has also walked up to ethical lines his brother has avoided, leaving a complicated trail of business dealings and angry lawsuits," the profile states.As a young student, Jim Biden dropped out of the University of Delaware and began his investment career. In 1972, he used his business skills as chief fundraiser when Joe Biden first ran for the Senate.He and Hunter Biden are close. Hunter Biden's emails, which were leaked by a laptop repair shop owner, reveal Jim Biden's willingness to share advice with his nephew."Hunter, we are cut from the same cloth," one email states. "You are a fine and yes, a gentle person. Believe it or not, I know you. Sounds corney [sic], but we both deserve to enjoy the moment. Concentrate on the good in our lives and try to step out of all the bulls*** you deal with on a minute to minute basis."Jim and Hunter Biden were working on a deal with Chinese executives at the time and have worked on other foreign deals together through the years.

    What is Jim Biden Accused Of?

    Republicans say that Jim Biden traded on his brother's name to take out loans and never repaid them.In February, Jim Biden told a joint hearing by the House Oversight and Judiciary Committees that he did not take out any improper loans.He told the committees on February 21 that fund manager Michael Lewitt wrote off $225,000 in loans to his firm when he was investing in a rural hospital chain.However, in March, Lewitt, told the news site, Politico, that he did not forgive the loans.He said a third party, which he declined to name, took over the debt. This taking over of the debt by the mysterious party occurred in 2020, while Joe Biden was running for president.Politico also claimed that Jim Biden invoked Joe Biden's name while investing in the rural hospital chain.That has led to intense interest by Republican congressmen, hoping to uncover business links between Jim and Joe Biden."Jim Biden, he took in all these loans, he didn't pay any interest, didn't pay any principal, had no loan documentation. At what point do those loans become income, they never pay taxes on," Comer told Fox host, Sean Hannity, on Monday."And by the way, why did he get those loans? And what was he doing?" Comer asked.Another Republican member of the Oversight Committee, Texas Congressman, Pat Fallon, told Fox on Monday that Jim Biden could "very well be" the next Biden family member to receive a presidential pardon."Joe Biden has been lying to the American people for so long about this and other things," he said._________________________________________________________________________

    I think it's going to be a bridge too far if Joe dares to pardon his brother, Jim. It's no secret that the Biden family has been very shady in their business dealings over the years. And yet, we all witnessed the public disgust recently when Joe, despite his many promises to the contrary, did indeed issue a blanket pardon covering a span of 11 years to his son Hunter. Imagine the outcry if the much lesser known brother, Jim Biden, gets the same preferential treatment. As I said, "a bridge too far".
    I look forward to Brandon pardoning his brother Jim, Sheck. POOTWH had DOJ for 4 years and didn't bring charges but seeing how he lost to Brandon, gotta exact his revenge. Pardons all around. WGAF?
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  • mickeyrat said:
    mickeyrat said:
    “Know he lied”. 

    So when he said he’d be a transitional president, then announced later he was running for a second term, was it a lie, or did he change his mind based on changing circumstances? 

    When he said he wasn’t dropping out of the race, then dropped out, was he a liar, or did he change his mind based on changing circumstances? 

    It’s not semantics to know the difference between lying and changing your mind. 

    It’s not mental gymnastics to know you don’t know a person’s intent in the absence of one shred of evidence either way. 

    The funny thing is, all those claiming to know his original intent regarding Hunter, I don’t recall one single post at the time saying they didn’t believe him, or anyone calling him a liar. 

    That and the fact that the “mental gymnasts” just don’t really give a fuck. 
    Can you at least entertain the thought that he lied?   Is it so strange to believe that a politician lied, or that people would think someone lied when someone does something they said they wouldn't do multiple times?     If this was Trump, you'd say he was a liar.  Just accept that you have biases like everyone does.
    can you entertain the thought that he didn't?

    or at least acknowledge "facts on the ground" changed with the election.
    He very well could have changed his mind.  But it is convenient that he changed his mind after it politically did no harm to him.  I am not a legal expert, but I gotta think that Biden could have narrowed the pardon and left the convictions in place that the facts did not change on.  

    He and the media got a lot of mileage out of saying there would be no pardon.  Look at us, we have such integrity and respect the rule of law.  Election lost.  Pardon done.

    he was done in July. yet it didnt happen until after statements made by the sycophant class in fucksticks orbit AFTER the election. Comer saying more investigations (reminder the sp counsel also charged comers star witness in the hearings)
    But the original investigations led to convictions.  And Biden said he respected the decisions and rule of law. 

    So who is to say the next round of inquiry wouldn’t lead to actual convictions?    Shouldn’t the rule of law still be priority?  

    I get it.  Biden has the right to do it.  Just think he knew he was going to pardon him all along.  
    How many rounds of investigations based on a political grievance should a private citizen have to endure?
    I don't know.  Don't feel sorry for someone that gets his dead brother's widow hooked on drugs.  
    No one asked you to… pretend you’ve never heard the name Biden and consider the question objectively. For how many years should a private citizen be investigated based on a political grudge against one of their relatives? 
  • josevolution
    josevolution Posts: 31,550
    Good pardon everyone! Fuck the crying masses what are they going to do Jail the old man 😂 he has just as much immunity as the convict rapist 
    jesus greets me looks just like me ....
  • mrussel1
    mrussel1 Posts: 30,879
    shecky said:

    Published Dec 03, 2024 at 9:32 AM ESTUpdated Dec 03, 2024 at 11:07 AM EST
    By Sean O'DriscollSenior Crime and Courts Reporter


    President Joe Biden may pardon his brother, Jim, to protect him from indictment, Republican members of the House Oversight Committee have said.

    The committee's chairman, James Comer, told Fox News on Monday that Jim Biden's loan deals were crimes and that he should be indicted, along with the president.

    "I believe two other Biden family members definitely and knowingly committed crimes. In addition to Hunter Biden, you have Jim Biden and Joe Biden," he said.

    Newsweek sought email comment from the White House and from Jim Biden's attorney on Tuesday.

    President Biden controversially pardoned his son, Hunter, just weeks before he was due to be sentenced on gun and tax crimes. He also pardoned him for any crimes from the years 2014 to 2024 inclusively— years in which he was involved in business deals with his uncle, Jim.

    Who is Jim Biden?

    Joe Biden's younger brother is a businessman who has dabbled in everything from nightclubs to insurance to hospitals.In 2022, The Washington Post described him in a profile article as a "political wild card" who had frequently used the president's name to attract investors."From the start of Joe Biden's political career, James, who is seven years younger, has also walked up to ethical lines his brother has avoided, leaving a complicated trail of business dealings and angry lawsuits," the profile states.As a young student, Jim Biden dropped out of the University of Delaware and began his investment career. In 1972, he used his business skills as chief fundraiser when Joe Biden first ran for the Senate.He and Hunter Biden are close. Hunter Biden's emails, which were leaked by a laptop repair shop owner, reveal Jim Biden's willingness to share advice with his nephew."Hunter, we are cut from the same cloth," one email states. "You are a fine and yes, a gentle person. Believe it or not, I know you. Sounds corney [sic], but we both deserve to enjoy the moment. Concentrate on the good in our lives and try to step out of all the bulls*** you deal with on a minute to minute basis."Jim and Hunter Biden were working on a deal with Chinese executives at the time and have worked on other foreign deals together through the years.

    What is Jim Biden Accused Of?

    Republicans say that Jim Biden traded on his brother's name to take out loans and never repaid them.In February, Jim Biden told a joint hearing by the House Oversight and Judiciary Committees that he did not take out any improper loans.He told the committees on February 21 that fund manager Michael Lewitt wrote off $225,000 in loans to his firm when he was investing in a rural hospital chain.However, in March, Lewitt, told the news site, Politico, that he did not forgive the loans.He said a third party, which he declined to name, took over the debt. This taking over of the debt by the mysterious party occurred in 2020, while Joe Biden was running for president.Politico also claimed that Jim Biden invoked Joe Biden's name while investing in the rural hospital chain.That has led to intense interest by Republican congressmen, hoping to uncover business links between Jim and Joe Biden."Jim Biden, he took in all these loans, he didn't pay any interest, didn't pay any principal, had no loan documentation. At what point do those loans become income, they never pay taxes on," Comer told Fox host, Sean Hannity, on Monday."And by the way, why did he get those loans? And what was he doing?" Comer asked.Another Republican member of the Oversight Committee, Texas Congressman, Pat Fallon, told Fox on Monday that Jim Biden could "very well be" the next Biden family member to receive a presidential pardon."Joe Biden has been lying to the American people for so long about this and other things," he said._________________________________________________________________________

    I think it's going to be a bridge too far if Joe dares to pardon his brother, Jim. It's no secret that the Biden family has been very shady in their business dealings over the years. And yet, we all witnessed the public disgust recently when Joe, despite his many promises to the contrary, did indeed issue a blanket pardon covering a span of 11 years to his son Hunter. Imagine the outcry if the much lesser known brother, Jim Biden, gets the same preferential treatment. As I said, "a bridge too far".
    If the loan was forgiven, then there is an obligation on the lender to report the forgiveness so a 1099 may be issued.  But you knew that.  

    You know how many people are criminally prosecuted and go to jail for not paying, as income, loan forgiveness?  I'm guessing just about zero.  
  • Gern Blansten
    Gern Blansten Mar-A-Lago Posts: 22,148
    It can be complicated but loan forgiveness isn't taxable to an individual if you are insolvent. 
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  • Halifax2TheMax
    Halifax2TheMax Posts: 42,015
    edited December 2024
    Oh, I bet the fauxrage talking heads are exploding this morning. Just fauxraged, never seen anything like it! We might not have a country by 1/20.

    Biden commutes nearly 1,500 sentences in ‘largest single-day grant of clemency’

    President Joe Biden announced he will commute the sentences of close to 1,500 people on home confinement and will pardon 39 convicted of nonviolent crimes.

    Meanwhile, back the blue:

    DOJ moves to prevent child sex abuse by school police after Post investigation

    New Justice Department guidelines call for training and policies to protect students from predatory school cops

    The Justice Department issued new guidelines Thursday on preventing school police from sexually abusing students, a first-of-its-kind effort to create safeguards around cops with immense access to children.


    Post edited by Halifax2TheMax on
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  • mrussel1
    mrussel1 Posts: 30,879
    It can be complicated but loan forgiveness isn't taxable to an individual if you are insolvent. 
    That's interesting.  I didn't realize you could escape federal obligations like that.  
  • Gern Blansten
    Gern Blansten Mar-A-Lago Posts: 22,148
    mrussel1 said:
    It can be complicated but loan forgiveness isn't taxable to an individual if you are insolvent. 
    That's interesting.  I didn't realize you could escape federal obligations like that.  
    Yeah there is an insolvency worksheet that you are supposed to include with your tax return to show the IRS how you are exempting the 1099-C income.

    When debt is forgiven on a business it's a different story. But if these were personal loans then the income wouldn't be taxable if insolvent...assuming the loans weren't used to fund business losses, etc. It can get pretty convoluted. 
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  • Good pardon everyone! Fuck the crying masses what are they going to do Jail the old man 😂 he has just as much immunity as the convict rapist 
    As part of a prisoner-swap, he just pardoned a Chinese man that was convicted of possession child porn (including video of infants and toddlers being raped) when he lived in Texas because apparently he’s “connected to influential members of the Communist party in China.” 
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  • Go Beavers
    Go Beavers Posts: 9,539
    Good pardon everyone! Fuck the crying masses what are they going to do Jail the old man 😂 he has just as much immunity as the convict rapist 
    As part of a prisoner-swap, he just pardoned a Chinese man that was convicted of possession child porn (including video of infants and toddlers being raped) when he lived in Texas because apparently he’s “connected to influential members of the Communist party in China.” 
    So he’s freed up for a spot on Trump’s cabinet then? 
  • tbergs
    tbergs Posts: 10,398
    Good pardon everyone! Fuck the crying masses what are they going to do Jail the old man 😂 he has just as much immunity as the convict rapist 
    As part of a prisoner-swap, he just pardoned a Chinese man that was convicted of possession child porn (including video of infants and toddlers being raped) when he lived in Texas because apparently he’s “connected to influential members of the Communist party in China.” 
    Well, they freed 3 Americans and Jin has to leave and remain outside the US indefinitely. These prisoners swaps are never ideal, but I'd take this as a win.
    It's a hopeless situation...
  • mrussel1
    mrussel1 Posts: 30,879
    Good pardon everyone! Fuck the crying masses what are they going to do Jail the old man 😂 he has just as much immunity as the convict rapist 
    As part of a prisoner-swap, he just pardoned a Chinese man that was convicted of possession child porn (including video of infants and toddlers being raped) when he lived in Texas because apparently he’s “connected to influential members of the Communist party in China.” 
    We don’t take political prisoners so anyone involved in a swap is going to have serious felonies.