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Burger King goes to Canada. The list of companies moving out of the U.S. under Obama is growing

Burger King is moving north to avoid Obama. Twenty five major companies have participated in tax inversions since President Obama took office.

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When all is said and done, Obama will have left America as an empty shell of a country. You know things are going from bad to worse to nuclear when even Burger King is escaping north of the border to Canada.

Burger King recently announced that it would spend $11 billion to buy Canadian breakfast food chain, Tim Hortons Inc., and then merge Burger King into it. In effect turning what was once a big American company into a big Canadian one.

The reasons is, and always will be about money and taxes. The Washington Post reports:

Burger King would “move the company’s headquarters to Canada, where corporate taxes are significantly lower.”

Breitbart.com has an excellent take on the Burger King, Tim Hortons deal, as well as the increasing, and alarming, trend of U.S. corporations getting the f*** out of dodge under the Obama regime.

This process, called inversion, has been occurring more and more often, despite the fascistic suggestion by President Obama that headquartering outside the United States represents a betrayal of God and country. Members of the Obama administration have taken to labeling business inversions a lack of “economic patriotism”presumably under the assumption that to stay in America, cut jobs, and lose all profits in order to pay higher taxes represents a sort of higher moral value than moving one’s headquarters and continuing to pay millions of workers and reward consumers with better and cheaper products.

Perhaps the only companies that will stay stateside under Obama will be Nike Golf, Titleist, and TaylorMade Golf.

And while Obama is running a rampant anti-Russian Soviet scare campaign with his hipster mass media buddies, Breitbart.com is smart to point out that the real Soviet’esque regime may be residing in Washington, or actually on some golf course somewhere in Martha’s Vineyard.

The Obama administration ought to note that the Soviets built a wall in the center of Berlin to keep their people and industries “economically patriotic.” Suggested measures to chain companies to the United States represent the same sort of government compulsion. And that sort of compulsion is a heavy club for a very slight increase in government revenue: an estimated $19 billion over 10 years.

Sadly, the Obama administration’s policies have driven more and more industries out of the country.

The list of major companies trying to move out of America is breathtaking. Here is just a sample of the major corporations actively considering, or successfully completing, inversion and relocation as compiled by Breitbart.com:

Walgreens. Walgreens seriously considered inversion this month, but walked away from moving its headquarters to Europe after purchasing Alliance Boots GmbH. That decision drove Walgreens stock down. Walgreens’ board only decided against inversion, according to the Wall Street Journal, because “the board felt that the arrangement might not easily pass muster with the Internal Revenue Service and created the potential to be hung up in litigation for a decade.”

Pfizer. The pharmaceutical giant has been in on-again, off-again talks to buy Britain’s AstraZeneca in order to take part in a tax inversion. In May, Pfizer walked away from a deal to buy AstraZeneca for some $118 billion – but now, the deal is reportedly back on the table.

Medtronic. Medtronic, a huge medical technology firm, has acquired Covidien, and will adopt Ireland as its legal headquarters. As the Wall Street Journal reports, here is the deal: “Medtronic agrees to call Ireland its legal home, and in return it gets to bring $1 billion or more into the U.S. without penalty.” The deal was for some $43 billion.

Tim Hortons. The company Burger King now seeks to buy participated in what is called a “naked inversion” itself in 2009. It started off as a Canadian company, according to the Congressional Research Service, but was bought by Wendy’s in 1995, then went independent in 2006.

Liberty Global. In 2013, Liberty Global bought Virgin Media for $23.3 billion. The merger, according to BBC, created “the second biggest pay-TV business after BSkyB” as well as “the world’s largest broadband company, with 25 million customers in 14 countries.” Most of the company’s revenue was earned in Europe. Richard Branson, previous owner of Virgin Media, became a 2 percent stakeholder in the new entity. Upon inverting, the tax rate for Liberty Global dropped to 21 percent, and the company was exempted from taxes for several years, according to the American Bar Association.

Chiquita Brands. Just this month, Chiquita participated in an inversion deal, buying Fyffes of Ireland and relocating its headquarters there. The company stated, “Chiquita remains committed to completing its transaction with Fyffes, which it believes will create a combined company that is better positioned to succeed in a highly competitive marketplace while driving strong performance and value for shareholders.”

Eaton. When Eaton bought Cooper Industries and headquartered in Ireland, Eaton saved approximately $160 million on taxes. The companies explained, “Incorporating as an Irish company provides significant global cash management flexibility and associated financial benefits.”

25 major companies have participated in tax inversions since President Obama took office. 

References:

http://www.breitbart.com/Big-Government/2014/08/27/businesses-move-inversion

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RT @redpilltimes: Burger King goes to #Canada. The list of companies moving out of the U.S. under #Obama is growing. http://t.co/VsFzSimtRX

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RT @redpilltimes: Burger King goes to #Canada. The list of companies moving out of the U.S. under #Obama is growing. http://t.co/VsFzSimtRX

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Canadian Lawmaker Accuses Trudeau Of Being A “Fake Feminist” (Video)

Rempel segued to Trudeau’s push to quash an investigation into allegations that he once groped a young journalist early in his political career

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Via Zerohedge

Canada’s feminist-in-chief Justin Trudeau wants to support and empower women…but his support stops at the point where said women start creating problems for his political agenda.

That was the criticism levied against the prime minister on Friday by a conservative lawmaker, who took the PM to task for “muzzling strong, principled women” during a debate in the House of Commons.

“He asked for strong women, and this is what they look like!” said conservative MP Michelle Rempel, referring to the former justice minister and attorney general Jody Wilson-Raybould, who has accused Trudeau and his cronies of pushing her out of the cabinet after she refused to grant a deferred prosecution agreement to a Quebec-based engineering firm.

She then accused Trudeau of being a “fake feminist”.

“That’s not what a feminist looks like…Every day that he refuses to allow the attorney general to testify and tell her story is another day he’s a fake feminist!”

Trudeau was so taken aback by Rempel’s tirade, that he apparently forgot which language he should respond in.

But Rempel wasn’t finished. She then segued to Trudeau’s push to quash an investigation into allegations that he once groped a young journalist early in his political career. This from a man who once objected to the continued use of the word “mankind” (suggesting we use “peoplekind” instead).

The conservative opposition then tried to summon Wilson-Raybould to appear before the Commons for another hearing (during her last appearance, she shared her account of how the PM and employees in the PM’s office and privy council barraged her with demands that she quash the government’s pursuit of SNC-Lavalin over charges that the firm bribed Libyan government officials). Wilson-Raybould left the Trudeau cabinet after she was abruptly moved to a different ministerial post – a move that was widely seen as a demotion.

Trudeau has acknowledged that he put in a good word on the firm’s behalf with Wilson-Raybould, but insists that he always maintained the final decision on the case was hers and hers alone.

Fortunately for Canadians who agree with Rempel, it’s very possible that Trudeau – who has so far resisted calls to resign – won’t be in power much longer, as the scandal has cost Trudeau’s liberals the lead in the polls for the October election.

 

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Tucker Carlson summarizes the Trump and Russian collusion saga [Video]

Tucker Carlson excoriates the slander against President Trump, but goes farther to call out the establishment elite in their crimes.

Seraphim Hanisch

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Speculation this week has been rather strong that Special Counsel Robert Mueller III is about to release his report concerning his investigation in to the allegation that Donald Trump and his campaign colluded with elements of the government of the Russian Federation to…?

What, exactly?

That is where things get a little unclear. The narrative line says to “influence the 2016 presidential elections”, or “to steal the election from Hillary Clinton” – but that is about as far as any official narrative line goes. This ambiguity, masquerading as clear language, has created a further belief among a very large number of Americans that what actually happened was that this collusion actually extended into some form of vote-tampering, and amazingly, a recent poll Tucker Carlson mentions in his video we offer here says that some 53% of Americans actually believe that somehow the election results were altered by the Russians.

The question Tucker Carlson leads his report with is, “did the President betray his country?” However, as one goes through the list of events, insinuations, fabrications, attacks and nonstop innuendo that has led the US and Russian relations to their worst point since the Cold War, for no specifically stated and verified reason, one wonders who is doing the betrayal.

Now, in one sense, America owes no allegiance to Russia. But Russia also owes no allegiance to America, and the idea that Russia should is part of this effort by the American establishment. That establishment seems to believe that all the world should owe allegiance to the United States, at least as shown by words and actions of the Americans vis-a-vie foreign policy matters. But the truth is much closer to President Trump’s own notion of a brotherhood of nation-states rather than hegemony. He stated this noble thought in his first UN address in 2017:

Being in a brotherhood relationship with Russia and China is apparently beyond the pale for the American political establishment, hence, the Russia collusion investigation and over two years of nonstop slander, ostensibly designed to keep this from happening.

This is one reason why the notion that Mr. Mueller will actually release a report now is being met with a lot of distrust. We have heard rumors from DC for probably well over one year that the “report was imminent”, but nothing ever came of it. Even this week, Vox reported that the Mueller office asked for an eleven-day filing deadline extension for some reason.

To be blatantly speculative, the likelihood is that the report is every bit of a non-event as the pro-Trump crowd believes it is. However, bringing a stop to the President’s hoped-for policy is something that must not happen. The chances are therefore that whatever is released (if anything) will also be somehow curiously coincidental with some very similar allegation coming from somewhere that shows that while Mueller didn’t find anything, someone else did… and then the full-on media blocking has a new basis for continuing its efforts to disrupt and even destroy the work of the current administration.

As a parenthetical side note, Tucker Carlson is known for excellence in reporting and following stories like this one. What is particularly striking in this video is the directness with which he calls out other examples of very bad policy and actions that resulted in zero punishment for the people who did it. In particular, he calls out the whole 2003 Iraq War noting that the narrative of “weapons of mass destruction” was similarly false, costing thousands of American lives (not to mention the hundreds of thousands that died in Iraq) and a trillion dollars wasted, yet the chief players in that event, such as John Bolton still hold important posts in US government today. The bitter truth is that there remains a strong “untouchability” in Washington, and there is nothing that is likely to change that except President Trump.

Perhaps that is the reason for the resistance to his presence there.

 

 

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New Zealand weapons ban dream move of leftist activists

The American left is sure to pick this up and start screaming for an “assault weapons ban” because this supports their agenda so well.

Seraphim Hanisch

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Reuters reported on Thursday, March 21 that the Prime Minister of New Zealand enacted a sweeping change, banning weapons of the type that were used in the massacre of at least fifty Muslims, who were gunned down on livestream while in Friday prayer services in Christchurch last week. We quote from the Reuters piece below, with added emphasis:

New Zealand will ban military-style semi-automatic and assault rifles under tough new gun laws following the killing of 50 people in its worst mass shooting, Prime Minister Jacinda Ardern said on Thursday.

In the immediate aftermath of last Friday’s shootings at two mosques in the city of Christchurch, Ardern labeled the attack as terrorism and said New Zealand’s gun laws would change.

“On 15 March our history changed forever. Now, our laws will too. We are announcing action today on behalf of all New Zealanders to strengthen our gun laws and make our country a safer place,” Ardern told a news conference.

“All semi-automatic weapons used during the terrorist attack on Friday 15 March will be banned.”

Ardern said she expected the new laws to be in place by April 11 and a buy-back scheme costing up to NZ$200 million ($138 million) would be established for banned weapons.

All military style semi-automatics (MSSA) and assault rifles would be banned, along with parts used to convert weapons into MSSAs and all high-capacity magazines.

Australia banned semi-automatic weapons and launched a gun buy-back after the Port Arthur massacre in 1996 in which 35 people were killed.

Ardern said that similar to Australia, the law would allow for strictly enforced exemptions for farmers for pest control and animal welfare.

“I strongly believe that the vast majority of legitimate gun owners in New Zealand will understand that these moves are in the national interest, and will take these changes in their stride.”

This is undoubtedly going to be real red meat (or perhaps real vegetables) for the anti-gun lobby in the United States. This is because New Zealand strongly resembled the US in terms of firearm rights and the penetration of numbers of guns in the populace of this remote island nation. Reuters continues, with statements that would probably surprise, even horrify some gun owners in the States, but which are doubtlessly useful for the application of pressure on such individuals:

New Zealand, a country of fewer than 5 million people, has an estimated 1.2-1.5 million firearms, about 13,500 of them MSSA-type weapons.

Most farmers own guns while hunting of deer, pigs and goats is popular. Gun clubs and shooting ranges dot the country.

That has created a powerful lobby that has thwarted previous attempts to tighten gun laws.

Federated Farmers, which represent thousands of farmers, said it supported the new laws.

“This will not be popular among some of our members but … we believe this is the only practicable solution,” a group spokesman, Miles Anderson, said in a statement.

The main opposition National Party, which draws strong support in rural areas, said it also supported the ban.

The changes exclude two general classes of firearms commonly used for hunting, pest control and stock management on farms.

“I have a military style weapon. But to be fair, I don’t really use it, I don’t really need it,” said Noel Womersley, who slaughters cpoliticalattle for small farmers around Christchurch.

“So I’m quite happy to hand mine over.”

To be absolutely fair, the attack on the mosques was an awful event, made the worse by the shooter’s deliberate attempts to politicize various aspects of what he was doing and what he “stood for” as an attack ostensibly against US President Donald Trump, some seven thousand miles away in the United States.

The immediate reaction of the people interviewed, some among them related or friends with the victims of the massacre, was to embrace the weapons reform laws:

Nada Tawfeek, who buried her father-in-law killed in the attacks, Hussein Moustafa, on Thursday, welcomed the ban.

“It’s a great reaction. I think other countries need to learn from her [Prime Minister Jacinda Ardern],” Tawfeek said.

Mohammed Faqih, a member of the Islamic clergy who flew in from California and attended the funerals for some victims on Thursday, said he was “extremely grateful” for the gun ban.

“I wish our leaders in the States would follow on her footsteps and do the same thing,” he said.

One can expect there to be quite the outcry among American liberals about gun control, especially if anything remotely resembling this event takes place or is thwarted in coming days in the US.

It may seem very cold and cruel to focus on the political angle of this story rather than the human tragedy that it is. However, in this situation we have seen signs that the most vile form of human tragedy has actually taken place – the murder of dozens of innocent people for a mere political point. Indeed this thought has been noted and vilified already, as Mr. R.X. Dentith, writing for the New Zealand website Spinoff here quoted:

American paleo-conservative Rush Limbaugh was one of the first to note: “There’s an ongoing theory that the shooter himself may, in fact, be a leftist who writes the manifesto and then goes out and performs the deed purposely to smear his political enemies, knowing he’s going to get shot in the process. You know you just can’t – you can’t immediately discount this. The left is this insane, they are this crazy. And then if that’s exactly what the guy is trying to do then he’s hit a home run, because right there on Fox News: ‘Shooter is an admitted white nationalist who hates immigrants.’”

…[P]eople like Limbaugh… can’t stomach the idea the terrorist action in Otautahi might be motivated by the kind of rhetoric Limbaugh helps disseminate – tend to think there is a culture war going on, and they are on the losing side.

This war has many names, and the enemy is easily identified: it is the battle against Cultural Marxism; the fight against Toxic Feminism; the resistance to Identity Politics; and the fear of the Great Replacement, the thesis at the heart of the terrorist’s own manifesto.

The Great Replacement thesis posits that the majority white European countries are being “invaded” by non-white, non-European peoples. Not just that, but due to declining birth rates in the West, this “invasion” constitutes a wholesale replacement of the white population over time.

Mr. Dentith tries further to knock down this notion of the Great Replacement. However, he misses a much more basic point.

Someone who goes and takes human lives and broadcasts them for any reason is not a mere political operative. The person who does this is a very sick, deranged human being indeed. Evil is certainly appropriately used here.

However, evil is often quite cunning, and despite the intellectual arguments about the reality or non-reality of any particular manifesto statement, in this case, the killer played the media with infernal intelligence, and they took the bait. It is possible that Prime Minister Ardern also took the bait, in this most awful of bad situations, and to give her credit, she took swift actions to try to “correct” what was wrong.

But the problem here was not the type of weapons used. The problem is the fact that they were used by a person who thought these fifty people’s lives were worth nothing more than a bit of policy change. One of the worst examples of human evil in recent times, this incident shouts to the world that there is a problem, but the problem remains unsolved, even though many people will hand over their firearms out of a genuine wish for compassion to those lost and the hope that somehow this action will prevent a future incident.

But the logic of this emotional reaction is nil. And what is worse is that the American Left knows this, but does not care. The movers and shakers of liberalism will likely milk the actions of sincerely horrified New Zealanders for all they are worth to try at affecting change in American constitutional rights.

And the innocent dead will not rest in peace, because the real problem has not even been examined.

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