Posted on 08/13/2018 4:52:29 AM PDT by cll
[Illinois] congressman Luis Gutiérrez has sparked a lot of speculation, and has clarified few details, about his announced move to Puerto Rico next year once this congressional term ends.
The place he chooses to reside is a decision that can also dictate some of his political alternatives on the island and, although his congressional office was not available to answer questions from NotiCel, a deed of sale in possession of this digital newspaper shows that Gutiérrez and his wife, Soraida Arrocho Díaz, completed a transaction for $ 1,092,500 to acquire an apartment in the Villa Dorado Resort condominium.
The transaction for the unit in the complex occurred on June 7, 2016 and, according to the document itself, the couple paid for the apartment on the spot and without mentioning commercial or other financing.
(Excerpt) Read more at noticel.com ...
https://media.noticel.com/o2com-noti-media-us-east-1/document_dev/2018/08/09/Luis%20Gutierrez%20enmendada_1533819737318_12726360_ver1.0.pdf
Working link to the document:
I always ask why politicians spend millions to get jobs that pay in the thousands? /rhetorical
Query:
a. Can one be extradited from PR for crimes later discovered, committed on American Soil?
b. Can we get him to take 0bama with him next year?
c. If a. is true, and b. happens, then they can stay in PR if they never come back. :)
If the mealy-mouthed ex-cab driver has $1.1 million CASH to buy a luxury condo, You can bet he's got a bundle stashed away.
I guess the penurious latino watched his pennies, and saved his Congressional salary for a rainy day in Puerto Rico (smirk).
Puerto Rico is a territory of the United States, so.
As the famous Carlos Slim once said, “Show me a poor politician, and I show you a “poor” politician.”
Puerto Rico can use all the cash that people are willing to spend on the island.
Unfortunately, Gutierrez is the wrong kind of person to move to the island. No more damn liberals, please!!! The island has gone through enough misery, and Gutierrez will just bring more of the same socialism which has destroyed the island.
Amazing how many congressmen go to Washington without a dime and leave millionaires.
So much for Socialist equality.
He served 26 years in Congress, and he will turn age 66 in 2019.
His FERS pension will be close to $70,000 a year.
He will also draw Social Security, but it will be reduced depending on the size of his FERS pension.
Congressmen also can invest in something similar to a 401K retirement plan, and the government makes a matching annual contribution up to 5% ($8,500).
If Gutierrez took advantage of his 401K opportunity, he will probably earn close to $100,000 per year in retirement benefits.
Plus, he and his wife have a gold plated Congressional health plan.
Plus, he will probably sell his Illinois home, so he can make a very substantial down payment on his new Puerto Rico home.
How or Where do a congress person get this kind of money???? Answer George Soros.....
It gives them a chance to steal millions.
Well, I knew that - so...crud. I thought I had the perfect solution, LOL!
Only $1 mil? Must be a dump. lol
https://www.puertoricorealestate4sale.com/homes.aspx?tabid=2547678&__ts=1534170793852
LOL.......must be.
REFERENCE---According to the Association of CPA’s, an audit is a systematic and independent examination of books, accounts, statutory records, documents and vouchers of an organization (non-profit or publicly-held) to ascertain authenticity of financial statements as well as non-financial disclosures and to codify that the account presents a true and fair view of the issues at hand.
An audit also attempts to ensure that the account is properly maintained as required by federal and state law. The auditor perceives and recognises the issues, and conducts a examination, obtains evidence, evaluates the same, and formulates an opinion on the basis of informed judgement which is communicated through an audit report.
Areas commonly audited include: compliance audits, internal controls, quality management, project management, and collection and disposition of monies. As a result of an audit, principles and stake-holders may effectively evaluate and improve the effectiveness of risk management, control, for the edification of the account-holder and the relevant federal and state governance agencies with a financial stake in the subject matter.
Financial audits are commonly performed to ascertain the validity and reliability of information, as well as to provide an assessment of a system’s internal control. As a result of this, each party can have an accounting given on financial statements based on on the audit evidence obtained.
Due to constraints and limitations that might be placed on the auditor, an audit seeks to provide reasonable assurance that the statements are free from material error. In the case of financial audits, a set of financial statements are said to be true and fair when they are free of material misstatements – a concept influenced by both quantitative (numerical) and qualitative factors.
lol
Nice work if ya can get it.
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