Is Imus also using that phony tax exemption whereby assets are donated to a so-called charity and out of the eyes of the taxman---but are kept by the charity in perpetuity, rather than being redistributed to the poor.
Imus says, that he put in $1 million of his own money. So he paid $1 million for a $20 million dollar house. Check out Arcitectural Digest. Has alot of pictures in it.
He hangs with all the liberal weenies and he's probably exchanging emails with Maureen Dowd on how to cope with cramps and hot flashes.
I think attacking Imus's ranch for kids is really crappy.
I'm not a fan of his, but it's obvious he's devoted to helping and providing for those kids.
It's about time they're looking at this phoney scam artist.
The NYP didn't get it right. Imus referred to Robert Frank (WSJ) as an SOB and called him a "g.d. punk." I heard it.
Critics, including rival radio jock Howard Stern
Now there's a reputable source.
Imas is a phony and the IRS needs to shut him down.
Imus IS a cow.
Just like so many of us drunks in recovery, he forgot to "Keep It Simple".
A multi-million-dollar ranch that hosts only a handful of kids a year? I have always been suspicious of
the ranch handling such a low number of kids per year.
In the meantime, Imus excoriates all sorts of people on his program for alleged abuses of the public trust and the public treasury. But when he comes into the crosshairs - well - that's another story, isn't it, Imus?
You can dish it out OK, but you sure can't take it.
The article and the investigation both sound like total BS to me. I'm no big Imus fan by any means, but the left has been after this guy for several years due to the politically incorrect humor on his show; e.g., taking shots at gays, blacks, Ted Kennedy, etc.
The real charges seem to be that Imus spends too much money per child and that he and his family live on the ranch for free. As far as the first goes, his is not the only children's charity like this and Imus made the parameters very clear from the beginning.
As far as second charge goes, yes, he and his wife do manage this working cattle ranch for part of year, supervising kids and employees.
This whole thing is an exercise in harassment.
ping
Is Imus actually a living breathing person? Whenever I watch him in the morning he never moves, blinks or breathes, and it is his partner sitting across the table who grunts for him. I think Imus is a bigger hoax played on the American people than the missing money.
" The big problem here is Imus himself. No one will ever accuse him of being "humble." Gratuitous insults and tricky multilevel commentary are his trademarks.
"Looking at the ranch as a business, I am willing to bet he is right--a majority of the alleged expenses is a result of accrual based depreciation. It would be best if he summarized a cash income statement, a cash flow statement and an assets determination.
"All he has to do to correct this matter is when there are no children at the ranch, pay some nominal sum for his own stay at the ranch.
"In the meantime, the money is privately obtained, it is a charity and who the hell cares?
"Finally, Imus may lack humility but no one ever accused a newspaper reporter as lacking in "envy" when it came to debunking real or imagined celebrities.
This imbroglio was about nothing. As I suspected, the problem was the Government requiring the Imus Ranch to do their financial report on an accrual basis with depreciation. Like most charities with real estate holdings this results in a false sense of expenses since the actual charity is usually ran on a cash basis--that is, money in and money out for the year.
The WSJ reporter was operating on "class envy" and assuming wrong doing when none was there. The WSJ should apologize and Imus should apologize for being such a suck up to the liberal esthetes who listen to him.
This is the most interesting thing to happen on his show in ...... well actually ever.
I suspect that this is nothing more than the WSJ intimidating Imus into backing off on his pursuing the Timerosol in vaccines as a cause of autism issue. Big Pharmaceutical want the mercury issue hushed up.
Rich people KNOW how to hide money and not pay tazes and actually make money from doing charitable works, don't they. I'm not saying what he's doind is wrong, I'm just saying it seems like a Ranch that was built specifically to help poor kids should help more kids. Is that wrong?
Hell, he can burn it if he wishes... it's his fer crissakes.
Which perve treats cancer kids better..."twinkles" or "wrinkles"?
A "charity" not filing it's tax exempt status papers is like a truck driver "forgetting" to renew his license.
C'mon Imus, the charity scam is so easy it's the tool of choice for dimmwitted libs all over the country. It's just a piece of paper for christsake !