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The cover up, the cornerstone of fraud!

The Oklahoma public has been victimized by an act that subverts everything democracy represents.

Oklahoma lawmakers and the governor, to hide involvement on the part of some, have stripped the public of one of its most critical constitutional rights and most important element in protecting a democracy, the right to be informed.

Oklahoma lawmakers and the governor didn't stop there, operates with complete autonomy allowing unknown private entities unabated and unlimited access to public money in the form of tax credits. By using tax credits the program circumvents the state budgetary process, diverts tax revenue before it appears in state financial records. Leaving no records or audit trail.

The obvious question is, why wouldn't state officials be profiting? It is not illegal!

  • State officials created a program that uses tax dollars that pays certain investors a 200 percent for doing nothing!
  • State officials created the program so that it would "not be illegal" for them to participate and gain unearned profits!
  • State officials created the program to operate with complete autonomy avoiding any possible conflicts of interest.
  • State officials created a law to insure everything about the program including who is involved would be kept totally secret!

All information related to this program is to be withheld from all but one political appointee. Ref. Captial Formation Incentive Act, Section 1. Download a copy of the Capital Formation Incentive Act.

Then why is the press turning its back?

When a press ignores actions by public officials that are so egregiously wrong it defies normal intelligence to surmise any alternative other than involvement and cover up. It is perfectly reasonable to assume that some ownership and management of the press are participating?

$850 million can be divided into a lot of big pieces of pie!

Lets do some rough "what if" math.

What if 150 elected state officials, 25 other key non-elected state officials, 50 key private state leaders and 50 key press owners/management, for a total of about 275 people were to divide a pie worth $850 million? They would each have $3 million slice of pie.

Next see Suspicious Contributions

Recent press releases

Why did OK lawmakers fail on two occasions to close a huge tax loophole?
Hiding the use of public funds, the unmistakable mark of wrong in government!
Venture's financial troubles expose tax credit incentive program fraud and abuses.
Tax shelter operated by secret arm of a bank and church supported non-profit LLC
OK's secret state income tax avoidance scheme, for the wealthy and corporation!
Is the Oklahoman covering a Gaylord family connection to tax credit abuse?
$4.7 billion first revealed! OK Tax credit cards gone wild! State officials trapped and can't stop!
Did OK officials pocket half of $90 million taken to buy billboards in other states?
Oklahoma and Alaska using same play book to justify sweetheart deals
Golden Goose Tax Abuse, Club Gooses and Goosed Gooses
Who are Oklahoma officials covering up for in a $Billion tax credit scam?
Aircraft manufacturer needs $1 million to pay employees after spending $66.3 million in Oklahoma tax credits.
Did these LLC's use money laundering and loophole to take $470 million?
Did $325,000 in hidden PAC money keep tax credit loophole open?
Revealing more Oklahoma Tax Credit Fraud - dirty little secret 12
Open letter to Oklahoma state lawmakers and governor! Crooks or cowards?
Oklahoma Governor and Lawmakers -- negligent, deliberate ignorance or lying?
Deliberate ignorance, deliberate neglect and cover up, paying Oklahoma officials $millions?
The Cover Up, creating the legal means to hide official involvement!
The public misled into believing the tax credit abuse loophole was closed?
Are Oklahoma officials profiting from business investment incentive program?
Oklahoma's "audit immune fraud", skimming $100's millions in tax Revenue.
OK officials reaping huge profits selling tax credits
Suspicious campaign contributions? Tax credit loophole remains open!

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