Venezuela has the largest proven oil reserves in the world. It was once so rich that Concorde used to fly from Caracas to Paris. But in the last three years its economy has collapsed. Hunger has gripped the nation for years. Now, it’s killing people and animals that are dying of starvation. The Venezuelan government knows, but won’t admit it!!! Four in five Venezuelans live in poverty. People queue for hours to buy food. Much of the time they go without. People are also dying from a lack of medicines. Inflation is at 82,766% and there are warnings it could exceed one million per cent by the end of this year. Venezuelans are trying to get out. The UN says 2.3 million people have fled the country - 7% of the population.

Wednesday, November 6, 2013

FBI: State Senator Took Bribes to Influence Film Tax Credit Legislation (Report)


FBI: State Senator Took Bribes to Influence Film Tax Credit Legislation (Report)

Ronald Calderon allegedly accepted $60,000 after telling undercover agents posing as movie execs he would help them lower the budget threshold for films eligible for the movie tax incentive.

A California state senator allegedly offered to influence the state's movie tax incentive in exchange for money from FBI agents he thought were movie executives.
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During a year-long FBI investigation, State Sen. Ronald Calderon allegedly accepted $60,000 in bribes from agents posing as movie executives, according to a report from Al Jazeera America's investigative unit that appeared on America Tonight. The report cites a sealed, 124-page affidavit filed by the FBI in U.S. District Court in Sacramento.
According to the affidavit, agents posing as execs from a fictitious independent studio asked Calderon to help lower the budget threshold for films to qualify for a 20 percent tax credit from $1 million to $500,000.
Calderon, the chair of the Senate Select Committee on California's Film and Television Industries, said he could lower the threshold to $750,000 if the agents would give financial assistance to his adult children. The FBI says Calderon funneled payments to himself through his children, as well as a nonprofit connected to the California Latino Legislative Caucus.
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It also says Calderon helped hire an undercover agent posing as an aspiring model for a legislative position in Sacramento, even though she had no relevant qualifications. Calderon also allegedly accepted a number of other gifts from the agents, including allowing them to pay for a table at a Las Vegas nightclub, where Calderon and an aide spent nearly $4,000.
Calderon has not been charged with any crimes. His attorney did not immediately respond to a request for comment.

Hollywood Reporter
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