Mayor-Governor-"Business Owner" PALIN 'Created 2 Businesses-That NEVER DID ANY BUSINESS=$0.00'

[kpete]

The self-professed mayor, governor and “business owner” created two businesses that, um, never did any business.

Sarah Palin's "Business" Career: Car Wash, Consultancy Earned Roughly $0
Posted by Wayne Barrett at 1:58 PM, October 7, 2008

In the debate last week, Sarah Palin referred to herself twice as a "business owner" -- a part of her resume that came right after "mayor" and "governor."

In fact, she and her husband Todd once owned 40 percent of a car wash that never washed a car, and she incorporated a marketing company that went out of business without ever doing any business. Strangely enough, the media fact-checkers were so focused on policy errors they missed a very personal one.

On July 1, 2004, the Palins and Carolin and Ray Wells purchased commercial property in Anchorage, incorporating themselves as Anchorage Car Wash LLC. "When we started, we thought we were going to go ahead" with the car wash," Carolin Wells told Modern Car Care. "We just decided to disband it. It was actually just an investment for both of us over a piece of property as it turned out." They sold it for a small profit in January 2006, just as Sarah Palin was launching her gubernatorial campagn.

In 2005, Palin incorporated Rouge Cou (roughly translated, "Red Neck"), a marketing firm that got a license but, according to disclosure forms she filed with the state the next year, never did any business.

more at:
http://blogs.villagevoice.com/runninscared/archives/2008/10/sarah_palins_ea.php#more

[FSogol]

1. Maybe its a tax dodge? n/t

[zbdent]

4. more like money laundering ...

I remember reading that "car washes" are often fronts for money laundering from drug dealers ... lots and lots of small bills attract less attention from places that rely on cash transactions ...

[louis-t]

The similarities to bush are striking.

Red Neck, indeed.

[hobbit709]

2. She's equally qualfied and experienced with everything on her resume

0=0=0=0=0=0.

[4lbs]

3. Don't various criminal elements set up business fronts to launder money?

I'm just saying....

[zbdent]

5. "Here's the problem, Mrs. Palin ... you picked up the copy of

Business FROM Dummies, not Business FOR Dummies" ...

[kestrel91316]

6. "Businesses" that never actually do any business are what the

IRS considers a tax dodge.

Somebody needs to gather hard facts about those businesses and drop a dime to the IRS. The woman is in serious need of an AUDIT.

I am thinking they might also have been set up to launder money from their meth lab...........JMHO.