Thanks for the laugh okie..
I loved this one
So if I buy a burger at McDonalds and I don't get a reciept does that mean we didn't conduct business?
A written contract is hardly required for business deals. Case law is filled with disputes over verbal contracts.
Perhaps you can show me the required law in Nevada Okie.
Here are the forms that must be filed by an LLC in Nevada.
http://sos.state.nv.us/comm_rec/crforms/llc_index.htm
The ONLY requirement is they list the managers of the company. They don't have to file who owns it. They don't have to file any business paperwork. In fact they don't even have to issue shares. The Nevada website lists the fact that shareholders in corporations and other business entities don't have to be revealed.
I think there is little question that Brown had an LLC and was listed as the manager. That is all that is required under Nevada law.
Quote:Look at what Reid did to make his land purchase a windfall of nearly 3/4's of a million dollars without any documentation (or taxes, speaking of giving tax breaks to the rich):
Reid paid no taxes? Where is the evidence of this? He would have been subject to Federal income tax at 15% for his profits on the land. If this idiot you quoted has any evidence other than he listened to Rush lets see it.
The piece you posted only gets more and more hilarioius okie..
I love this one.
Quote: Clark County intended for the property Reid owned to be used solely for new housing, records show. Just days before Reid sold the parcels to Brown's company, Brown sought permission in May 2001 to rezone the properties so a shopping center could be built.
Career zoning officials objected, saying the request was "inconsistent" with Clark County's master development plan. The town board in Spring Valley, where Reid's property was located, also voted 4-1 to reject the rezoning.
Brown persisted. The Clark County zoning board followed by the Clark County Commission voted to overrule the recommendation and approve commercial zoning. Such votes were common at the time.
So somehow the land that was not available became available - and Reid purchased it. And somehow the land that was zoned residential (and therefore would gain marginal value over time) became rezoned right before Reid 'sold' the land to this shell company for what he paid for it! For NO PROFIT. Not even the normal inflation of money. This is right after the zoning came through that would drastically increase its value! One could have said how unfortunate that Reid sold right at the time the value would start shooting up. But he did not sell the land it seems, he simply transferred it in some verbal, mythical business deal. So when the land did sell to a developer, Reid - who clearly sold the land to this company - got a huge (and hidden) windfall.
The red letters are from the news story. The way the idiot completely changes the facts is quite funny. It goes from the land being transferred just DAYS after Brown first sought permission to rezoning to being transferred after it was rezoned. The story talks about the long process where Brown was turned down and persisted until the county voted in his favor. (Part of the process of persisting was to combine the land to have a parcel ready for the rezoning.) Now we get to the idiot who claims that the land wasn't transferred until it was rezoned. MY God. Did you bother to read this Okie? Or are you so partisan you can't see complete departure from facts when it occurs?
