Clarence Thomas and the Billionaire

[DaisyDay]

WSJ take on the same

Thomas’s filing included bank accounts and life insurance he said had been inadvertently omitted on his reports between 2017 and 2022, and detailed Crow’s 2014 purchase of the house where Thomas’s mother lives and adjacent properties for $133,000, a transaction that ProPublica reported. The justice, who had a one-third interest in the properties, said that he and his wife “had put between $50,000 to $75,000 into his mother’s home in capital improvements over the years, and therefore, the transaction amounted to a capital loss.”

Scrutiny also has fallen on other justices, including Alito, who in 2008 took a free fishing vacation in Alaska with hedge-fund titan Paul Singer at Singer’s expense, and Sonia Sotomayor, whose court staff encouraged sponsors of her speaking engagements to purchase her children’s book.

Ruth Bader Ginsburg’s conduct has come into question posthumously, in relation to a $1 million prize she received in 2019 from the Berggruen Institute for her contributions to “philosophy and culture.” Ginsburg didn’t accept the money herself, but directed the institute to distribute the prize to some 60 charities whose identity wasn’t disclosed.

 

[essentialsaltes]

Quid pro RV: Wealthy donor inexplicably gave Clarence Thomas $267,230 to buy an RV in what appears to be an undisclosed gift

Clarence Thomas bought a $267,000 RV using funds from a Democratic donor ​

The money used for the RV came from a former UnitedHealthCare executive who worked alongside Thomas in the Reagan administration​

Senate Finance Committee Chair Ron Wyden (D-Ore.) called Wednesday on Supreme Court Justice Clarence Thomas to tell the committee whether he declared more than a quarter-million dollars of loan forgiveness on his tax filings.

Wyden released a report by the committee’s Democratic staff that details a loan that Thomas received from a friend, Anthony Welters, to buy a luxury Prevost Marathon motor coach in 1999. The report said Thomas made some interest payments on the $267,230 loan, but that it was declared settled by Welters in 2008 without Thomas repaying a substantial portion — or perhaps any — of the principal.

Welters supplied documentation of the loan to the Senate committee, and "now we know that Justice Thomas had up to $267,230 in debt forgiven and never reported it on his ethics forms,” Wyden said in a news release.

Thomas has said he did not think he was required to disclose the gifts from personal friends.

 

[Fantine]

I'd love if he took a one-way trip to Canada or Mexico. His judicial robes are littered with the advertisement of his benefactors. Ugh.

 

[wing2000]

Welters supplied documentation of the loan to the Senate committee, and "now we know that Justice Thomas had up to $267,230 in debt forgiven and never reported it on his ethics forms,” Wyden said in a news release.

Thomas has said he did not think he was required to disclose the gifts from personal friends.

....another demonstration of why Thomas should not be sitting as a judge on any court...at any level.

 

[Fantine]

And to think that when he was appointed, we thought his only serious character flaw was sexual harassment. What a mistake!

 

[wing2000]

And to think that when he was appointed, we thought his only serious character flaw was sexual harassment. What a mistake!

I doubted his integrity.

 

[Fantine]

We all did--but to think his many judicial votes were bought and paid for for 32 years is horrible--especially given the nature if those votes.

 

[SimplyMe]

We all know what this means...

We're a week or less away from learning about some more suspicious funds getting shuffled around by Joe Biden and family.

I suppose it's rude to point out the obvious but since Biden and Garland have effectively used the IRS to bully pesky reporters (Matt Taibi) and give a surface level appearance of accountability (until they leak evidence of Biden's corruption anyway)....why not just have the IRS look into this potentially serious matter of avoiding maybe tens of thousands of dollars in taxes?

Do they no longer trust the IRS to do their bidding in the pursuit of eliminating political opponents/obstacles?

Or have they already looked and know that Thomas paid his taxes on this personal loan and there's no story here?

Forgive me for responding to the off-topic post but it is highly ironic that you complain about Biden "bullying" the IRS (or at least attempted it) after Trump did it for four years; both preventing the mandatory audit required of the President (he was only audited once during his four years being president) and his attempt to weaponize the IRS against his "enemies."

 

[JSRG]

Senate Finance Committee Chair Ron Wyden (D-Ore.) called Wednesday on Supreme Court Justice Clarence Thomas to tell the committee whether he declared more than a quarter-million dollars of loan forgiveness on his tax filings.

Wyden released a report by the committee’s Democratic staff that details a loan that Thomas received from a friend, Anthony Welters, to buy a luxury Prevost Marathon motor coach in 1999. The report said Thomas made some interest payments on the $267,230 loan, but that it was declared settled by Welters in 2008 without Thomas repaying a substantial portion — or perhaps any — of the principal.

Welters supplied documentation of the loan to the Senate committee, and "now we know that Justice Thomas had up to $267,230 in debt forgiven and never reported it on his ethics forms,” Wyden said in a news release.

Thomas has said he did not think he was required to disclose the gifts from personal friends.

Well...

Thomas lawyer disputes Senate Democrats’ claim on loan forgiveness

An attorney for Supreme Court Justice Clarence Thomas is disputing Senate Democrats’ claim that his client did not pay back a “significant portion” of a loan used to purchase a luxury motorcoach. S…

thehill.com

An attorney for Supreme Court Justice Clarence Thomas is disputing Senate Democrats’ claim that his client did not pay back a “significant portion” of a loan used to purchase a luxury motorcoach.

Senate Finance Committee Chair Ron Wyden (D-Ore.) published a memo Wednesday on findings looking into a loan agreement between Thomas and Tony Welters, which was first reported by The New York Times in August. The committee staff reviewed documents related to the loan and determined Thomas “did not repay a significant portion of the loan principal” and paid only interest on the $267,230 debt.

The memo claimed the documents the committee reviewed, which were provided by Welters, suggested the loan for the motorcoach was forgiven. However, a lawyer for Thomas said in a statement that is inaccurate.

“The loan was never forgiven. Any suggestion to the contrary is false. The Thomases made all payments to Mr. Welters on a regular basis until the terms of the agreement were satisfied in full,” Elliot Burke said in the statement.

I don't know if the statement from his lawyer is true or not, but if it is it appears to completely absolve him in this matter.

 

[Clare73]

Well...

Thomas lawyer disputes Senate Democrats’ claim on loan forgiveness

An attorney for Supreme Court Justice Clarence Thomas is disputing Senate Democrats’ claim that his client did not pay back a “significant portion” of a loan used to purchase a luxury motorcoach. S…

thehill.com

An attorney for Supreme Court Justice Clarence Thomas is disputing Senate Democrats’ claim that his client did not pay back a “significant portion” of a loan used to purchase a luxury motorcoach.

Senate Finance Committee Chair Ron Wyden (D-Ore.) published a memo Wednesday on findings looking into a loan agreement between Thomas and Tony Welters, which was first reported by The New York Times in August. The committee staff reviewed documents related to the loan and determined Thomas “did not repay a significant portion of the loan principal” and paid only interest on the $267,230 debt.

The memo claimed the documents the committee reviewed, which were provided by Welters, suggested the loan for the motorcoach was forgiven. However, a lawyer for Thomas said in a statement that is inaccurate.

“The loan was never forgiven. Any suggestion to the contrary is false. The Thomases made all payments to Mr. Welters on a regular basis until the terms of the agreement were satisfied in full,” Elliot Burke said in the statement.

I don't know if the statement from his lawyer is true or not, but if it is it appears to completely absolve him in this matter.

The terms of a loan with monthly payments due only to the borrower's death is, therefore, paid up, not forgiven, at the borrower's death.
Incidentally, in accounting the term "forgiven" means the debt is cancelled, including by its full payment.

 

[Ana the Ist]

I haven't heard anything about this except this video that you posted. I listened to the whole thing and Comer even said "even if", so there is information missing.

Joe's brother and wife are adults, what makes anyone think that Joe would ask them where the money came from?

Well Sara withdrew money right after it was deposited and wrote a check to Joe like 5 days later.

This is classic money laundering.

Comer Reveals How Joe Biden Received Laundered China Money - United States House Committee on Oversight and Accountability

United States House Committee on Oversight and Accountability

oversight.house.gov

There's the memo from the Oversight Committee.

How did I know this would happen? Am I psychic? Am I from the future?

No folks. The leftwing media has literally become so predictable that one can be certain when then attempt to hurl dirt at Clarence Thomas and accuse him of taking money based on literally nothing....

It's in the hopes that this will either distract or diminish from the fact the current President is indeed a crook...and more evidence of this is soon to follow.

It doesn't work if people have forgotten about the Clarence Thomas stuff....so it has to be a week or so apart. That means if they're reporting on Clarence Wednesday the 25th....friend...you'll be hearing about Biden no later than Wednesday the 1st.

 

[Hank77]

Well Sara withdrew money right after it was deposited and wrote a check to Joe like 5 days later.

This is classic money laundering.

Really? It looks like They got paid and they paid off a debt.

When could they pay the loan without it looking the same way?

How did they launder the rest of the large am't they received? That needs to be revealed.

 

[SimplyMe]

Well Sara withdrew money right after it was deposited and wrote a check to Joe like 5 days later.

This is classic money laundering.

Comer Reveals How Joe Biden Received Laundered China Money - United States House Committee on Oversight and Accountability

United States House Committee on Oversight and Accountability

oversight.house.gov

There's the memo from the Oversight Committee.

How did I know this would happen? Am I psychic? Am I from the future?

No folks. The leftwing media has literally become so predictable that one can be certain when then attempt to hurl dirt at Clarence Thomas and accuse him of taking money based on literally nothing....

It's in the hopes that this will either distract or diminish from the fact the current President is indeed a crook...and more evidence of this is soon to follow.

It doesn't work if people have forgotten about the Clarence Thomas stuff....so it has to be a week or so apart. That means if they're reporting on Clarence Wednesday the 25th....friend...you'll be hearing about Biden no later than Wednesday the 1st.

Ok, assuming this narrative is true, where is the "money laundering"? In 2017, when both the text is alleged to have been made and when the check was written, Joe Biden was not an official in government. So where is the illegality, exactly what crime or even misdeed is being alleged with a Daughter-in-Law writing a $40,000 to her Father-In-Law?

Also, I seem to recall that previously the claim was about a $200,000 check but it was found to have apparently been a loan repayment -- that Joe had lent this son $240,000. So it seems likely this was merely a final repayment of that last $40,000. But, again, I'm not sure why it matters since Joe was not in office at the time of these payments, he was completely out of government and so not sure how this could be a "bribe" or even "money laundering."

 

[Ana the Ist]

Ok, assuming this narrative is true, where is the "money laundering"? In 2017, when both the text is alleged to have been made and when the check was written, Joe Biden was not an official in government. So where is the illegality, exactly what crime or even misdeed is being alleged with a Daughter-in-Law writing a $40,000 to her Father-In-Law?

Also, I seem to recall that previously the claim was about a $200,000 check but it was found to have apparently been a loan repayment -- that Joe had lent this son $240,000. So it seems likely this was merely a final repayment of that last $40,000. But, again, I'm not sure why it matters since Joe was not in office at the time of these payments, he was completely out of government and so not sure how this could be a "bribe" or even "money laundering."

From the link...

It’s also worth remembering that Biden family efforts to secure millions from this Chinese company began when Joe Biden was still Vice President.
In taking funds sourced to a CCP-linked company that wanted to advance China’s interests, Joe Biden exposed himself to future blackmail and put America’s interests behind his own desire for money

 

[Ana the Ist]

Really? It looks like They got paid and they paid off a debt.

Paid for what?

 

[SimplyMe]

From the link...

It’s also worth remembering that Biden family efforts to secure millions from this Chinese company began when Joe Biden was still Vice President.
In taking funds sourced to a CCP-linked company that wanted to advance China’s interests, Joe Biden exposed himself to future blackmail and put America’s interests behind his own desire for money

You mean in January 2017, when Joe Biden was all but out of government? By your logic, we should be checking Donald Trump's finances to see if any of the $2 billion paid to Jared and Ivanka, just after they left the White House, exposes Trump to "future blackmail" and to put "American's interests behind Donald Trump's and Jared Kushner's desire for money." Instead, what there is actual evidence for is that Joe Biden loaned his son money, and they paid it back -- in fact, I have yet to see any evidence that Joe had any idea where they got the money to pay him back.

 

[Hank77]

Paid for what?

For whatever business HUNTER and JAMES were doing.

 

[Hank77]

Joe Biden loaned his son money,

Joe loaned his brother James money. $240,000

 

[SimplyMe]

Joe loaned his brother James money. $240,000

Yes, I mistyped that one.

 

[Hank77]

Yes, I mistyped that one.

I was sure you had. I only mentioned it for those who may not be keeping up with things.