Numbers of the Day

Barn Door Closing 1,205: The number of corporate entities subject to a request for information regarding a “Resignation of Registered Agent” inquiry as representatives of Mossack-Fonseca.  [LVRJ]  Translation: The number of companies associated with the Panama Papers operations of Mossack-Fonseca.  But, here’s the kicker:

“Corporate filings are administered by the secretary of state’s office, although laws governing their oversight are enacted by the Legislature. Nevada and states such as Delaware and Wyoming have some of the most liberal corporation laws in the nation. They do not require proof of identification when setting up a company, a task that can be accomplished in a few hours by paying only a few hundred dollars.”  [LVRJ]

The Secretary of State announced she’s putting together a “working committee” to review statutes pertaining to business registration – How about requiring some identification? To registered agent requirements, and concerning “the maintenance of related records.”

It’s nice to be “business friendly,” but it would also be nice to know that Nevada isn’t being used by tax evaders, swindlers, hucksters, money launderers, and other frauds as a “friendly place to do business.”

Gee Whiz Graph 1 9: The number of graphs tweeted out by Donald Trump to “prove” the Obama Administration’s a failure.  0: The number which are accurate and not misleading. [Washington Post]

 

 

Curiel 1953: The year Judge Gonzalo Curiel was born in Indiana.  The judge hearing the Trump University case has come in from some anti-immigrant bashing from Mr. Trump. Interesting because Curiel’s father came to the U.S. in the 1920’s while Mr. Trump’s mother didn’t get here until the ‘30s and didn’t become a citizen until 1942. [TPM]

Starbucks 2: The number of African Americans associated with Seattle University who were racially assaulted in a Starbucks by a man spitting and yelling racial epithets. 0: the number of restaurant patrons who protested against the assault. 1: Restaurant manager who assisted in the filing of a police report. [C&L]

Unemployment BLS

The unemployment rate declined by 0.3 percentage point to 4.7 percent in May, and nonfarm payroll employment changed little (+38,000). Employment increased in health care. Mining continued to lose jobs, and employment in information decreased due to a strike.” [BLS]

Yes, 38,000 is not a major indicator of job creation, but take a look at what was happening during the Recession 2006-2009. 

Blackburn 3: The number of entities (two Planned Parenthood facilities and  StemExpress Inc. who are being investigated by Rep. Marsha Blackburn’s committee for violations of HIPAA requirements.

“These accusations are the latest step in an investigation that has never had any reason to exist. The House panel was formed after the Center for Medical Progress, an anti-abortion group, released deceptively edited videos purporting to reveal that Planned Parenthood sold fetal tissue for profit. Since then, repeated investigations have found no evidence that Planned Parenthood did anything wrong, and members of the Center for Medical Progress have been indicted for their activities.” [NYT]

Enough.

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