The Reality Regarding ANWR
Claim:  E-mail reports the truth about the environmental impact of drilling for oil in the Arctic National Wildlife Refuge (ANWR)    OF  AND  INFORMATION Example:  [Collected via e-mail, June 2008] First, do you know what ANWR is? ANWR = Arctic National Wildlife Refuge. Now, a comparison:  And some perspective ...  NOTE WHERE THE PROPOSED DEVELOPMENT AREA IS ... (its in the "ANWR Coastal Plain")  THIS IS WHAT THE TV People and others "GREENS" SHOW YOU WHEN THEY TALK ABOUT ANWR ... and they are right ... these ARE photographs of ANWR   Isn't ANWR beautiful? Why should we drill here (and destroy) this beautiful place? Well, thats not exactly the truth. Do you remember the map? The map showed that the proposed drilling area is in the ANWR Coastal Plain. Do those photographs look like a coastal plain to you? What's going on here? The answer is simple. That is NOT where they are wanting to drill! This is what the proposed exploration area ACTUALLY looks like in the winter:  And this is what it ACTUALLY looks like in the summer:    HERE ARE A COUPLE SCREEN SHOTS FROM GOOGLE EARTH   As you can see, the area where they are talking about drilling is a barren wasteland.  Oh, and they say that they are concerned about the effect on the local wildlife. Here is a photo (shot during the summer) of the 'depleted wildlife' situation created by drilling around Prudhoe Bay. Don't you think that the Caribou really hate that drilling?  Here's that same spot during the winter:  Hey, this bear seems to really hate the pipeline near Prudhoe Bay, which accounts for 17% of U.S. domestic oil production.  Now, why do you think that the Democrats are LYING about ANWR? Remember when Al Gore said that the government should work to ARTIFICIALLY raise gas prices to $5 a gallon? Well, Al Gore and his fellow Democrats have almost reached their goal! Now that you know that the Democrats have been lying, what are you going to do about it? You can start by forwarding this to everyone you know, so that they will know the truth. P.S.: Drilling does not "destroy." It creates jobs, resources and strengthens our economy  all while protecting our environment. Everyone benefits, even caribou. Origins:  As the price of oil continues to rise with no predictable end in sight, debates over whether the U.S. can and should be producing more oil from domestic sources have been renewed.  A primary focus of such  debates has been the Arctic National Wildlife Refuge (ANWR), an area which encompasses 19 million acres in the northeast corner of Alaska. The ANWR issue is now a political hot potato batted back and forth between proponents of exploration and development in ANWR's Coastal Plain who assert that the area could become a valuable source of domestic oil production with minimal impact on the environment, and opponents who maintain that the potential advantages to be gained from drilling for oil in ANWR are far too small to offset the despoiling (and potential devastation) of a protected wildlife area.The issue has been complicated by the uncertainty of many factors involved in the opening of ANWR to U.S. oil production, such as the total amount of oil underlying the area, the size of the oil fields that might be found in ANWR, the quality of the oil that might be found in ANWR, the potential production capacity of ANWR drilling operations, how long it would take before ANWR operations began providing significant amounts of oil for the U.S. market, what effects the oil extracted from ANWR would have on world oil supply and prices, and the environmental impacts of oil exploration and development in ANWR.    factors The e-mailed slide show reproduced above might serve a useful function in prompting the public to take a greater interest in all the issues surrounding the potential opening of ANWR to oil exploration, but the information it presents is scant and one-sided.  Since the ANWR issue is far too extensive and complex to cover in detail here, we'll just provide a brief summary of both sides' arguments regarding points mentioned by the e-mailed slide show, with links to sites (on both sides of the issue) that provide greater detail:  Although the ANWR is small in size compared to the entirety of Alaska, at 19 million acres it is larger than ten other states.  (As the third graphic shows, ANWR is about the size of the state of South Carolina.) Proponents point out that the proposed development area within the ANWR Coastal Plain is a relatively small patch of 2,000 acres, an area which constitutes roughly1/10,000 of the total acreage of the ANWR.  Opponents maintain that a similar drilling operation in Alaska at Prudhoe Bay was originally designated to encompass only 2,100 acres but has since expanded to a total drilling footprint of 12,000 acres spread over 640,000 acres of the North Slope. size expanded  Proponents maintain that wildlife continues to flourish amid drilling and other oil production activities in other Arctic regions and would fare just as well near ANWR exploration facilities.  Opponents assert that other North Slope oil development activities have caused an average of 504 spills per year since 1996, including "4,532 spills between 1996 and 2004 totaling more than 1.9 million gallons of toxic substances." flourish spills  Proponents maintain that the proposed ANWR Coastal Plain development area is primarily a featureless, barren expanse that is frozen and windswept for most of the year, and therefore exploration and drilling activities would have minimal impact on wildlife in the immediate area (or in the greater ANWR).  Opponents assert that environmental accidents can have devastating effects far outside the limited areas in which they originally occur.  Last updated:  2 July 2008
With the advent of electronic voting systems  and public unease with casting ballots that are not tangible physical objects  every election cycle brings rumors that some individual or group with a heavy investment in the outcome of the election owns or controls the machines that record and count votes  and those parties will use their powers to "rig" the voting systems they control to ensure the election outcome conforms to their preferred results. individual group Billionaire business magnate George Soros was tagged in such rumors in 2012, and he was back in 2016 as the subject of articles by disreputable web sites such as the Daily Caller falsely claiming that Soros' ties to the Smartmatic company, purportedly the manufacturer of voting machines used in 16 states, put him in a position to "rig" the election in Hillary Clinton's favor: tagged Daily Caller HILLARY IS RIGGING THE ELECTION! Surprised? You shouldnt be. Weve just learned that Hillary is tied to the one company that has the power to sway this entire election  Smartmatic. Smartmatic manufactures the voting machines that will be used this November. The Chairman of Smartmatic, Mark Malloch-Brown, is on the board of George Soros Open Society Foundation. Yes, George Soros, the billionaire CROOK who is one of Hillarys biggest donors. SMARTMATICS VOTING MACHINES WILL BE USED IN THESE 16 CRUCIAL STATES: ArizonaCaliforniaColoradoDistrict of ColumbiaFloridaIllinoisLouisianaMichiganMissouriNew JerseyNevadaOregonPennsylvaniaVirginiaWashingtonWisconsin HILLARY IS TRYING TO RIG THIS ELECTION BECAUSE SHE KNOWS ITS THE ONLY CHANCE SHE HAS! George Soros has no hand in the management or ownership of Smartmatic. As is typical of such claims, this one is based on nothing more than the most tenuous of connections  namely that among the number of non-profit boards on which Smartmatic Chairman Lord Mark Malloch-Brown sits is the Global Board of the Open Society Foundation, an international grantmaking network founded by George Soros. That fact that one of the many people on one of the many boards of one of the many organizations with which George Soros (a large Clinton donor) is involved also happens to chair an electronic voting company is taken as proof enough by conspirators that George Soros has the means, motive, and intent to commit a massive act of voting fraud. And, despite being the multinational billionaire business magnate that he is, Soros utterly lacks the common sense not to rig an election through a confederate so obviously connected to him. Global Board donor As is also typical of such claims, those who propagate them mistakenly assume that every company in the business of providing electronic voting services is producing machines that record and count votes, which isn't the case  such services can include anything from providing streamlined systems for reporting election results to the press to automating the process of voter authentication. In this case the assertion that "Smartmatic's voting machines will be used in 16 crucial states" is a false one, apparently a misinterpretation of a statement on Smartmatic's web site touting that the company had previously offered unspecified "technology and support services to the Electoral Commissions of 307 counties in 16 States"  a statement that didn't say that Smartmatic supplied voting machines used in all if those states, or that Smartmatic was even currently working with any of those states in any capacity. Indeed, the Case Studies section Smartmatic's web site chronicles their primarily dealing in providing equipment and services for foreign elections  there's no mention of Smartmatic's being involved in U.S. elections beyond providing a voting system for a Utah state Republican caucus in March of 2016 and pilot testing an ePen for capturing provisional envelopes and vote-by-mail ballots in parts of Los Angeles County. Case Studies In fact, a search using Verified Voting shows that not a single one of the listed 16 states is using voting machines provided by Smartmatic in the upcoming election  Smartmatic isn't even listed as a vendor of any voting machines being used in any state. Verified Voting Nonetheless, the false rumor has grown so prevalent that Smartmatic has addressed it themselves on their web site, in a page that includes a statement confirming that no Smartmatic technology is being used in any state during the 2016 U.S. presidential election: addressed  Smartmatic is 100% privately owned. Smartmatic has no ties to political parties or groups in any country and abide by a stringent code of ethics that forbids the company to ever donate to any political campaigns of any kind.  The companys headquarters were based in Florida for many years, but have since moved to London to service its global client base.  George Soros does not have and has never had any ownership stake in Smartmatic.  It is no secret that our Chairman Lord Mark Malloch-Brown is a member of a number of non-profit boards addressing global issues from poverty reduction to conflict resolution, including the Global Board of the Open Society Foundation. This is stated clearly in his official biography. Lord Malloch-Brown is a highly respected global figure whose credentials include former Deputy Secretary-General of the United Nations and former Vice-Chairman of the World Economic Forum. He also served in the British Cabinet, as Minister of State in the Foreign Office.  Smartmatic will not be deploying its technology in any U.S. county for the upcoming 2016 U.S. Presidential elections.   Our election technology has handled more than 3.7 billion votes over the past 12 years in election projects on five continents, without a single discrepancy.  As a technology provider, Smartmatic is only responsible for, and concerned with, the technical aspects of the vote. Smartmatic does not comment on specific candidates or outcomes.  Smartmatics voting technology has never been compromised. George Soros' philanthropic organization comprises 22 different boards, but Smartmatic's chairman sits on only one of them. Soros himself has never worked for, or held an ownership share in, Smartmatic. boards <!-- As such, the claim was false and contained numerous inaccuracies in its ancillary detail. The chair of Smartmatic was not currently affiliated with any group of George Soros, the included chart involved voting machines unrelated to Smartmatic, and while Smartmatic touted providing services to counties in the 16 listed states, not one of those states used Smartmatic voting machines. A near identical rumor involving Soros and President Barack Obama circulated in 2012, and similarly had no truth to it.  2012 a pilot test with Smartmatic to streamline and expedite election reports during the California Primary Presidential Elections of June 7. Smartmatic provided its ePen solution in Malibu, Littlerock and Downey to enable the fast capture of the provisional envelopes and vote-by-mail ballots from reporting precincts. The item went on to claim the 2016 Democratic primary was similarly rigged in Clinton's favor, using a chart from a mid-2016 viral paper examining the integrity of primary results in contests between Clinton and Sanders: Clinton and Sanders Just take a look at this chart detailing some of the primary results between Hillary and Bernie. Look how much better Hillary did in states that used HER voting machines:   That chart (published in July 2016) had nothing to do with Smartmatic or "HER voting machines"; it pertained to the paper's authors' assessment of purported variations in results between states with and states without "paper trails" on electronic voting machines: published We found that while the polls were quite successful at predicting Clintons numbers in states with paper trails (just a statistically inconsequential 1% difference), Clinton over-performed by an average of 9% in the states that use electronic voting machines but fail to provide paper evidence of this vote: Thus, pollsters were quite accurate in predicting the outcome, but only in states where fraud is hardest to hide. This situation is completely flipped in the states where the placed vote cannot be verified, as the vote only ever existed in the machines. An interesting point of deviation between the two separate election fraud claims was that the initial paper focused in part on potential impropriety involving voting machines. But in that earlier claim, Smartmatic (the vendor purportedly in control of 16 states) was not mentioned: Interestingly, much information has recently come to light about the Clinton candidacy. Notably, the hacker Guccifer 2.0 released documents which he took from the computer network of the Democratic National Committee. Among these files, one tabulated a list of big-money donors to the Clinton Foundation. One fact has gone unreported in the media: Two of the three companies that control the electronic voting market, namely Dominion Voting and H.I.G. Capital (i.e. Hart Intercivic), are in this list of big-money donors. In conclusion, the data suggests that Clinton won in counties and in states where Clinton Foundation donors are responsible for the voting machines. Thus, we strongly believe that the risk posed by unverifiable electronic voting should not be taken. Our country should go back to verifiable voting. An honest election is more important than a day of labor. Off the bat, a discrepancy arose vis a vis the chart. In July 2016, vote skeptics eyed links between two voting vendors and the Democratic National Committee (DNC); neither of those vendors was Smartmatic. In October 2016, the same chart was used to claim Smartmatic had already rigged the primary for Clinton, and would do so for her again in her face-off against Donald Trump on 8 November 2016. Given the source material for the chart named entirely different equipment vendors, its inclusion in claims about Smartmatic was suspect.  Missing from the later claim was any information about how the 16 states and their use of Smartmatic machines to ostensible exclusion was obtained. The claim was simply stated as fact with no citation, along with assertions that George Soros (a Hungarian-American mogul and political activist) was heading up Smartmatic. We contacted Smartmatic via phone and e-mail to ask about the states and the rumor, but did not receive a response. However, Smartmatic (like most companies) heralded their own work and achievements on their web site, and voting machines were not a primary highlight: heralded highlight   It appeared the list of 16 states came verbatim from the unreferenced Smartmatic web site, where the company explained that in its tenure it had worked with 307 counties in 16 states (not that it supplied all voting machines to all 16, or even currently worked in any capacity with any of the states): In the US, Smartmatic has offered technology and support services to the Electoral Commissions of 307 counties in 16 States. By contrast, the circulating articles used slightly different framing: SMARTMATICS VOTING MACHINES WILL BE USED IN THESE 16 CRUCIAL STATES[.] The "Soros connection" was also described openly on Smartmatic's web site, via a biography and professional history for company chairman Lord Mark Malloch-Brown. Although the articles claimed Malloch-Brown "sat on the board" of George Soros Open Society Foundation, his resume suggested that any work with Soros was not current: openly Mark Malloch-Brown is a former number two in the United Nations as well as having served in the British Cabinet and Foreign Office. He now sits in the House of Lords and is active both in business and in the non-profit world. He also remains deeply involved in international affairs. Mark served as Deputy Secretary-General and Chief of Staff of the UN under Kofi Annan ... Other positions have included vice-chairman of George Soross Investment Funds, as well as his Open Society Institute, a Vice-President at the World Bank and the lead international partner at Sawyer Miller, a political consulting firm.  Thus far the rumor amounted to Smartmatic's potential and possibly prior involvement in "offer[ing] technology and support services" to 307 counties in 16 states, a misrepresented chart of alleged election irregularities involving other voting equipment vendors, and a company chair who once worked for Soros' Investment Funds and Open Society Institute. As for the level of Smartmatic's specific involvement in the vote in those 16 states, most state election officials provided information about their voting methods up to and including vendors that supplied equipment used on Election Day. Ballotpedia hosted a color-coded map of the U.S. with information about voting methods by state, and not all the 16 states voted identically: color-coded map   Going by color-coding alone, it was clear the states' election equipment and processes varied tremendously. The oft-included chart (which evolved to identify "HER voting machines") in actuality referenced states that employed Direct Recording Electronic (DRE) without a paper trail. But several of the 16 states with a paper trail included Arizona, California, Illinois, Missouri, Nevada, and Wisconsin -- they were not included in tabulations from states without. Of the 16, only Louisiana and New Jersey employed the DRE without paper trail method of voting, and the balance of states used either paper ballots, a combination of DRE and paper ballots, or mail-in voting -- none of which could be easily corrupted by Hillary Clinton or George Soros. As of 2014, the District of Columbia offered both paper and DRE voting with receipts. offered As Smartmatic stated, "support" and "technology" was provided to the 16 states mentioned; extant information indicated that the states were not equipped identically with specific machines; some used paper or mail-in ballots, some employed DRE with a paper trail, and two used DRE without any "receipts." Arizona (the first state listed) made information about voting machine manufacturers available on its web site [PDF]; only Maricopa county used Sequoia technologies, bought and later sold by Smartmatic in 2006. California relied on a a variety of vendors for DRE voting, including Sequoia, Election Systems and Software (ES&S), Hart InterCivic, InkaVote, and Premier; Smartmatic was not listed on California's election web site as a current or prior vendor of voting machines (but as evidenced above, the company did provide electronic pens for some primary election functions). Illinois also did not list Smartmatic as a vendor, Colorado used Diebold equipment before switching to vote by mail (a vendor also used by Missouri), and Florida listed several vendors (none Smartmatic) for their machines.  PDF 2006 Sequoia ES&S Hart InterCivic InkaVote Premier Illinois Diebold Missouri vendors In fact, in a search using Verified Voting, not a single one of the 16 states was listed as using voting machines provided by Smartmatic -- Smartmatic was not even listed as a vendor of any voting machine in any state. As such, the claim was false and contained numerous inaccuracies in its ancillary detail. The chair of Smartmatic was not currently affiliated with any group of George Soros, the included chart involved voting machines unrelated to Smartmatic, and while Smartmatic touted providing services to counties in the 16 listed states, not one of those states used Smartmatic voting machines. A near identical rumor involving Soros and President Barack Obama circulated in 2012, and similarly had no truth to it. --> Verified Voting 2012 Barragan, Rodolfo Cortes.  "Study Shows Voting Irregularities Linked to Companies That Donated to the Clinton Foundation."
  The Bern Report.  7 July 2016. Cohen, Zach C.  "How D.C. Votes: Paper or Scantron?"
  The Washington Post.  2 April 2014. McCord, Susan.  "Augusta Getting 100 Used Voting Machines from Colorado County."
  The Augusta Chronicle.  2 August 2016. In perhaps one of the worst miscalculations in modern political history, Adolf Hitler was appointed chancellor of Germany in January 1933 in the hopes that he could successfully form a coalition government amidst a collection of competing minority parties (including his own Nazi Party) and that the worst impulses of Hitler and the Nazis could be "controlled" or "tamed" once they bore responsibility for leading the national government (rather than criticizing others' administration of it).   But shortly after Hitler's swearing-in as chancellor on Jan. 30, 1933, the Nazis began to systematically suspend civil liberties and eliminate political opposition, with the passage of the Enabling Act two months later effectively establishing Hitler's government as a legal dictatorship that could issue decrees without the involvement of the German parliament (Reichstag) or president. Enabling Act One example of the navet that held sway in Germany at that time caught the attention of Americans in February 2020, in the wake of impeachment proceedings against U.S. President Donald Trump.  That example took the form of a snippet from a purported 1933 Wall Street Journal article which was widely circulated via social media:  This article did in fact appear in the Feb. 2, 1933, edition of the Wall Street Journal (WSJ).  Under the headline "Berlin Views Hitler Calmly," the report from the WSJ's Berlin bureau briefly referenced contemporaneous assessments of Hitler -- that "there is usually wide discrepancy between the speeches of opposition politicians and the actions of the group when it gains power," that Hitler would not "disrupt the nation's affairs," that it was "not believed" Hitler would "accomplish a change in the constitution" -- and that a rise in stock prices indicated public confidence in these assessments:     Rise in Stocks Reflects Confidence He Will Not Disrupt Nation's Affairs Berlin is settling down to pass judgment on political developments. Politicians, economists and bankers declare there is usually wide discrepancy between the speeches of opposition politicians and the actions of the group when it gains power. Consequently, it is not believed that Hitler will accomplish a change in the constitution or that [Reich Minister of Economics Alfred] Hugenberg will bring about a general reduction of interest rates. The government wants to obtain an adjournment of the Reichstag for several months, but it is questionable whether the Centre [Party] will approve of such action. After calmly dismissing the threat that Hitler posed (and which would come to pass in just a few short months) the article provided a short summary of the "considerable gains in stocks" that supposedly indicated good times were ahead under the new government -- including, ironically, a rise in the price of stock in I.G. Farben,  the German chemical company that manufactured the Zyklon B gas later used to kill millions of Jews during the Holocaust: I.G. Farben The Boerse closed with considerable gains in stocks. Rhenish Coal advanced 7, Mannesmann Tube 5, I.G. Farben 4 and Rhine-Westphalia Electric 4. Bonds registered average losses of 2 points. Common stocks were favored as being less susceptible to talk of devaluing the currency or of other inflationary experiments. Furthermore, profits are expected to increase for many industries from expanded public works projects. The Wall Street Journal.  "Berlin Views Hitler Calmly."
  1 February 1933  (p. 12) Democratic congressman Beto O'Rourke of Texas came to national prominence in 2018 through his high-profile campaign to unseat incumbent Republican U.S. senator Ted Cruz. During the course of his campaign, the Democratic candidate has been confronted with various claims and allegations about himself and his family. One such meme, entitled "'Beto' Reality Check," was shared widely on Facebook in August 2018:A spokesperson for O'Rourke's campaign described the meme as "factually incorrect in countless ways" and largely referred us to several existing news reports about the allegations. The following is our breakdown of the five sections contained in the meme.O'Rourke adopted the name "Beto" to appeal to Latino voters: The meme claimed:NOT HISPANIC"Robert O'Rourke" became "Beto" for his political campaigns and on the ballot, a tactic that gives the false impression he's Latino, misleading voters in a state with many Hispanics.In fact, O'Rourke was known as "Beto" long before he entered political life, although his birth name is Robert and he appears to use both first names interchangeably. (For example, his July 2018 Federal Election Commission "Statement of Candidacy" lists his name as "Robert Beto O'Rourke.")O'Rourke told CNN that his parents referred to him as Beto "from day one," and that it "just stuck." Others have noted that the name is likely derived from a pronunciation of the Spanish "Roberto," and O'Rourke himself described it as "a nickname for Robert in El Paso." (According to the U.S. Census Bureau, around 78 percent of El Paso county residents listed themselves as being of Mexican heritage in 2016.)O'Rourke's family is of Irish heritage. According to the New York Times, his family "came over from Ireland four generations ago to work on the railroad." His father Pat O'Rourke was a prominent El Paso County official during the 1980s.A 1986 article about Pat O'Rourke in the El Paso Times referred to his then 14-year-old son as "Beto O'Rourke." In 1999, six years before O'Rourke ran for El Paso city council, the same newspaper referred to "web site designer Beto O'Rourke" in a short article about his I.T. business Stanton Street Design.After checking the archives of the El Paso Times, we found multiple references to "Beto O'Rourke" between 1986 and 2004, when O'Rourk was either a child or a businessman and had never run for political office.In March, the campaign of O'Rourke's Republican opponent, Ted Cruz, launched a radio jingle that poked fun at the name "Beto" and included the following lyrics: "I remember reading stories/Liberal Robert wanted to fit in/So he changed his name to 'Beto'/And hid it with a grin ...":FIRST LISTEN: our new 60-second statewide radio ad introducing our liberal opponent, Congressman Robert ORourke, to Texas voters.Help #KeepTexasRed: https://t.co/PVsiCtbbyL #CruzCrew #TXSen pic.twitter.com/OxK61gZ0ek Ted Cruz (@tedcruz) March 7, 2018The next day, O'Rourke posted a photograph of himself as a young boy, wearing a sweater with the nickname "Beto" stitched into it, establishing that, contrary to false accusation, he did not "change his name" for political reasons:pic.twitter.com/1IO1dgmCkv Beto O'Rourke (@BetoORourke) March 7, 2018O'Rourke used his father's connections to avoid trial for two felonies: UNPROVENThe meme claimed:FELONY ARREST RECORDAs an adult in his mid-20s, O'Rourke was caught breaking into the University of Texas El Paso. Charged with breaking and entering and burglary, he mysteriously avoided trial. A few years later, arrested for drunk driving, he again walked with a "deal." Being the song of a powerful, politically connected County Judge apparently has benefits. O'Rourke dismisses his felony convictions as "youthful pranks" and "mistakes"; it's old news, move along, nothing to see here.O'Rourke has indeed been arrested for burglary and drunk driving, a history which he has discussed several times over the course of his political career, as his spokesperson told us: "While charges were dismissed, this is something that Beto has always publicly addressed -- during his initial run for the city council, his run for Congress, in profiles written about him, during dozens of interviews, and at town halls across the state during this campaign."In a 27 August 2018 op-ed for the Houston Chronicle and  San Antonio Express-News, O'Rourke himself wrote:Twenty-three years ago I was arrested for attempted forcible entry after jumping a fence at the University of Texas at El Paso. I spent a night in the El Paso County Jail, was able to make bail the next day, and was released. Three years later, I was arrested for drunk driving -- a far more serious mistake for which there is no excuse.According to El Paso county jail records, O'Rourke was arrested for attempted burglary on 19 May 1995, when he was 22 years old. He was released from custody the same day. Court records show that the prosecutor dropped the charge in February 1996.O'Rourke was also arrested for driving while intoxicated on 27 September 1998, the day after his 26th birthday. He completed a "misdemeanor diversion program" (namely "DWI school") in October 1999, and the charge was dropped.In August 2018, the Houston Chronicle and San Antonio Express-News cited police reports, including a witness account, which suggested that the incident leading to O'Rourke's DWI arrest was relatively serious and involved a collision with another vehicle and a possible attempt by O'Rourke to leave the scene:State and local police reports obtained by the Chronicle and Express-News show that ORourke was driving drunk at what a witness called a high rate of speed in a 75 mph zone on Interstate 10 about a mile from the New Mexico border. He lost control and hit a truck, sending his car careening across the center median into oncoming lanes. The witness, who stopped at the scene, later told police that ORourke had tried to drive away from the scene. O'Rourke recorded a 0.136 and 0.134 on police breathalyzers, above a blood-alcohol level of 0.10, the state legal limit at the time.In the case of his DWI arrest, O'Rourke did not face prison time because he completed an alternative adjudication program. It's not clear why the attempted burglary charge was dropped in 1996 (we asked the O'Rourke campaign about this but didn't receive a response to that particular question in time for publication). However, we could find no evidence that O'Rourke's father had any role in either case, nor did the meme offer any evidence.Congressman O'Rourke's father Pat was the El Paso County judge until 1986 -- a kind of chief executive of the county's governing body, the Commissioners Court -- so he had not held office for nine years by the time of his son's attempted burglary arrest.O'Rourke violated 'insider trading' laws: The meme claimed:INSIDER TRADING VIOLATIONSAfter being sent a memo specifically prohibiting investment in Twitter's IPO [initial public offering], O'Rourke made a tidy one-day profit on it. When uncovered by a government watchdog, he quickly turned himself in. This violation of the STOCK Act (Stop Trading on Congressional Knowledge) is apparently a habit, as there are several other instances of this behavior; he characterizes them as mistakes.Despite the meme's claim, O'Rourke has never been charged with, or convicted of, violating any laws related to insider trading, including the STOCK Act, which bars members of the U.S. Congress from benefiting from financial transactions made on the basis of information they received in their capacity as members of Congress.But this section of the meme does contain elements of truth in that -- after the matter was brought to light by a third party -- O'Rourke reported his potential violation of rules to the House Ethics Committee (for stock transactions he maintained were executed by his broker without his knowledge), and the matter was resolved without any charges being brought against him:U.S. Rep. Beto ORourke alerted the House Ethics Committee that he might have violated a new law restricting members of Congress from engaging in certain stock transactions.It is the first case to come before the committee involving a 2012 law that prohibits members of Congress from participating in initial public offerings, or IPOs, other than what is available to members of the public generally, said Melanie Sloan, executive director of the Committee for Ethics and Responsibility in Washington, a watchdog group.ORourke, a Democrat whose district covers a portion of western Texas, reported the possible violation after Legistorm, an online news site that tracks congressional issues, informed him that his Nov. 15 disclosure saying he participated in the Twitter IPO earlier in the month might indicate a violation of a 2012 law called the Stop Trading on Congressional Knowledge Act, or STOCK Act.The freshman congressman also reported that, through his stockbroker, he participated in six other initial public offerings this year. In an interview, ORourke said he didnt see a Nov. 5 memo from the House Ethics Committee warning members of Congress about participating in IPOs.On 27 November 2013, O'Rourke wrote on Facebook that the ethics committee had informed him they would consider the issue resolved once he sold off any remaining shares that he bought during any IPOs, and sent the U.S. Treasury a check equal to the amount he earned in profits from those IPO-related shares:Upon receiving the letter from the Committee today I instructed my broker to sell all remaining shares, which he did. I then sent a check for the full amount of the profit from all IPO trades this year to the U.S. Treasury by overnight mail. Copies of the trades and the check have been sent to the Ethics Committee.I apologize to the House of Representatives and to the people I represent for not exercising due diligence. I will be much more thorough in the future concerning financial transactions and do my best to ensure that I am in full compliance with all rules covering members of Congress.Records filed with the Clerk of the House of Representatives show that O'Rourke bought between $1,000 and $15,000 worth of shares in Twitter on 7 November 2013 (the first day the company was traded on the stock market), before selling off between $1,000 and $15,000 in shares later that day.Records also indicate that on 27 November 2013, O'Rourke again sold off between $1,000 and $15,000 worth of Twitter shares "pursuant to the recommendations made by House Ethics Committee in a letter from 11/27/13."A condom full of "white powder" was found in O'Rourke's father's car: trueThe meme claimed:FATHER'S DRUG SCANDALO'Rourke's father, while county judge, had a 2-way radio installed in his Jeep. Installers discovered a condom packed with a "white powder" concealed in his vehicle and called police. Much to the dismay of investigating officers, the Captain on duty, a friend and political ally of O'Rourke, flushed the evidence down the toilet and dropped the charges. The Captain was subsequently suspended and tried for tampering with evidence.This section of the meme relates to incidents which took place in 1983, when Beto O'Rourke was 10 years old, and which had absolutely nothing to do with him.Nevertheless, it's true that in February 1983, El Paso County Sheriff's Captain Willie Hill told two police officers to get rid of a condom full of white powder which they had found in Pat O'Rourke's car while they were installing a radio in it. The officers suspected the powder to be heroin or cocaine, but the substance was never tested to determine its true nature.Hill was temporarily suspended but was reinstated after being acquitted on a misdemeanor charge of evidence tampering. (The prosecutor had earlier dropped a charge of misconduct against him.) Hill testified that he made a snap decision about the discovery of the powder, which he strongly suspected had been planted there to embarrass or undermine either O'Rourke or one of the officers installing the radio.O'Rourke and Hill were friends, as O'Rourke (then county judge) told the El Paso Times: "Because he's a good man, it would be an injustice if Willie were to suffer grievous consequences from this whole episode. You have an honest and honorable man implicated by pure fluke. And that's just damn right not fair."O'Rourke was involved in a family business that was prosecuted for tax violations: The meme claimed:FAMILY BUSINESS FEDERALLY PROSECUTEDO'Rourke's family business "Charlotte's Furniture," a store "Beto," his mother and sister are involved with, was charged in 2010 with altering records to avoid IRS reporting. Investigators found they accepted cash payments, in one instance over $630,000 from an unnamed individual (that's a LOT of furniture)! Found guilty on 15 counts, the sentence was a $250,000 fine and 5 years' probation. Around the time O'Rourke announced as a senate candidate, the business was shuttered and its records became unavailable. O'Rourke passes the prosecution off as a "mistake"; it's been covered, move along, nothing to see here.The meme got the basic facts right about the federal tax case against Charlotte's, but it falsely claimed that Congressman O'Rourke was personally "involved" in the company. He was not.In 2010, Charlotte's Inc., an El Paso furniture store company started by O'Rourke's grandmother in 1951, was convicted of "structuring transactions to evade reporting requirements, a tax-related felony. The company was charged as a corporate entity, but the Congressman's mother, Melissa O'Rourke, acted as its authorized representative.The company pled guilty to accusations that it had restructured transactions in order to present relatively large cash payments as having been made in installments of less than $10,000. Anti-money laundering provisions of U.S. law require that a business reveal the identity of any individual who makes a cash payment above that threshold.In total, Charlotte's and its employees illegally restructured $630,000 in payments, all from one customer, in this way between May 2005 and October 2006. The identity of that customer is not known. U.S. District Court judge Kathleen Cardone gave a sentence of five years' probation and a $500,000 fine, with $250,000 of that suspended.In 2017, Melissa O'Rourke announced that she intended to close down the business but denied the decision was connected to her son's U.S. Senate campaign or the 2010 conviction.According to Texas Comptroller of Public Accounts records for 2017, Congressman O'Rourke had no formal role with Charlotte's Inc., whose directors were Melissa O'Rourke and the Congressman's sister Charlotte O'Rourke.Records for 2005 and 2006 (when the I.R.S. reporting violations took place) as well as 2010 (when the conviction happened) show that Congressman O'Rourke had no formal role with the company at those times, either.The Congressman is part owner of the property where Charlotte's was located. According to O'Rourke's 2013 congressional financial disclosure, his mother gifted him an ownership stake worth between $1 million and $5 million in Peppertree Square, a shopping center on North Mesa St. in El Paso.However, his part ownership of the Peppertree Square property (which does not appear to entail any management function in any of the businesses located there) did not accrue until 31 December 2012, more than six years after the conclusion of the I.R.S. reporting violations at Charlotte's.  One such meme, entitled "'Beto' Reality Check," was shared widely on Facebook in August 2018: meme   A spokesperson for O'Rourke's campaign described the meme as "factually incorrect in countless ways" and largely referred us to several existing news reports about the allegations. The following is our breakdown of the five sections contained in the meme. The meme claimed: NOT HISPANIC "Robert O'Rourke" became "Beto" for his political campaigns and on the ballot, a tactic that gives the false impression he's Latino, misleading voters in a state with many Hispanics. In fact, O'Rourke was known as "Beto" long before he entered political life, although his birth name is Robert and he appears to use both first names interchangeably. (For example, his July 2018 Federal Election Commission "Statement of Candidacy" lists his name as "Robert Beto O'Rourke.") Statement O'Rourke told CNN that his parents referred to him as Beto "from day one," and that it "just stuck." Others have noted that the name is likely derived from a pronunciation of the Spanish "Roberto," and O'Rourke himself described it as "a nickname for Robert in El Paso." (According to the U.S. Census Bureau, around 78 percent of El Paso county residents listed themselves as being of Mexican heritage in 2016.) CNN noted listed O'Rourke's family is of Irish heritage. According to the New York Times, his family "came over from Ireland four generations ago to work on the railroad." His father Pat O'Rourke was a prominent El Paso County official during the 1980s. New York Times A 1986 article about Pat O'Rourke in the El Paso Times referred to his then 14-year-old son as "Beto O'Rourke." In 1999, six years before O'Rourke ran for El Paso city council, the same newspaper referred to "web site designer Beto O'Rourke" in a short article about his I.T. business Stanton Street Design. article article After checking the archives of the El Paso Times, we found multiple references to "Beto O'Rourke" between 1986 and 2004, when O'Rourk was either a child or a businessman and had never run for political office. In March, the campaign of O'Rourke's Republican opponent, Ted Cruz, launched a radio jingle that poked fun at the name "Beto" and included the following lyrics: "I remember reading stories/Liberal Robert wanted to fit in/So he changed his name to 'Beto'/And hid it with a grin ...": FIRST LISTEN: our new 60-second statewide radio ad introducing our liberal opponent, Congressman Robert ORourke, to Texas voters. Help #KeepTexasRed: https://t.co/PVsiCtbbyL #CruzCrew #TXSen pic.twitter.com/OxK61gZ0ek #KeepTexasRed https://t.co/PVsiCtbbyL #CruzCrew #TXSen pic.twitter.com/OxK61gZ0ek  Ted Cruz (@tedcruz) March 7, 2018 March 7, 2018  The next day, O'Rourke posted a photograph of himself as a young boy, wearing a sweater with the nickname "Beto" stitched into it, establishing that, contrary to false accusation, he did not "change his name" for political reasons: pic.twitter.com/1IO1dgmCkv pic.twitter.com/1IO1dgmCkv  Beto O'Rourke (@BetoORourke) March 7, 2018 March 7, 2018  The meme claimed: FELONY ARREST RECORD As an adult in his mid-20s, O'Rourke was caught breaking into the University of Texas El Paso. Charged with breaking and entering and burglary, he mysteriously avoided trial. A few years later, arrested for drunk driving, he again walked with a "deal." Being the song of a powerful, politically connected County Judge apparently has benefits. O'Rourke dismisses his felony convictions as "youthful pranks" and "mistakes"; it's old news, move along, nothing to see here. O'Rourke has indeed been arrested for burglary and drunk driving, a history which he has discussed several times over the course of his political career, as his spokesperson told us: "While charges were dismissed, this is something that Beto has always publicly addressed -- during his initial run for the city council, his run for Congress, in profiles written about him, during dozens of interviews, and at town halls across the state during this campaign." In a 27 August 2018 op-ed for the Houston Chronicle and  San Antonio Express-News, O'Rourke himself wrote: op-ed Twenty-three years ago I was arrested for attempted forcible entry after jumping a fence at the University of Texas at El Paso. I spent a night in the El Paso County Jail, was able to make bail the next day, and was released. Three years later, I was arrested for drunk driving -- a far more serious mistake for which there is no excuse. According to El Paso county jail records, O'Rourke was arrested for attempted burglary on 19 May 1995, when he was 22 years old. He was released from custody the same day. Court records show that the prosecutor dropped the charge in February 1996. records records O'Rourke was also arrested for driving while intoxicated on 27 September 1998, the day after his 26th birthday. He completed a "misdemeanor diversion program" (namely "DWI school") in October 1999, and the charge was dropped. arrested In August 2018, the Houston Chronicle and San Antonio Express-News cited police reports, including a witness account, which suggested that the incident leading to O'Rourke's DWI arrest was relatively serious and involved a collision with another vehicle and a possible attempt by O'Rourke to leave the scene: cited State and local police reports obtained by the Chronicle and Express-News show that ORourke was driving drunk at what a witness called a high rate of speed in a 75 mph zone on Interstate 10 about a mile from the New Mexico border. He lost control and hit a truck, sending his car careening across the center median into oncoming lanes. The witness, who stopped at the scene, later told police that ORourke had tried to drive away from the scene. O'Rourke recorded a 0.136 and 0.134 on police breathalyzers, above a blood-alcohol level of 0.10, the state legal limit at the time. In the case of his DWI arrest, O'Rourke did not face prison time because he completed an alternative adjudication program. It's not clear why the attempted burglary charge was dropped in 1996 (we asked the O'Rourke campaign about this but didn't receive a response to that particular question in time for publication). However, we could find no evidence that O'Rourke's father had any role in either case, nor did the meme offer any evidence. Congressman O'Rourke's father Pat was the El Paso County judge until 1986 -- a kind of chief executive of the county's governing body, the Commissioners Court -- so he had not held office for nine years by the time of his son's attempted burglary arrest. judge governing body The meme claimed: INSIDER TRADING VIOLATIONS After being sent a memo specifically prohibiting investment in Twitter's IPO [initial public offering], O'Rourke made a tidy one-day profit on it. When uncovered by a government watchdog, he quickly turned himself in. This violation of the STOCK Act (Stop Trading on Congressional Knowledge) is apparently a habit, as there are several other instances of this behavior; he characterizes them as mistakes. Despite the meme's claim, O'Rourke has never been charged with, or convicted of, violating any laws related to insider trading, including the STOCK Act, which bars members of the U.S. Congress from benefiting from financial transactions made on the basis of information they received in their capacity as members of Congress. STOCK Act But this section of the meme does contain elements of truth in that -- after the matter was brought to light by a third party -- O'Rourke reported his potential violation of rules to the House Ethics Committee (for stock transactions he maintained were executed by his broker without his knowledge), and the matter was resolved without any charges being brought against him: violation U.S. Rep. Beto ORourke alerted the House Ethics Committee that he might have violated a new law restricting members of Congress from engaging in certain stock transactions. It is the first case to come before the committee involving a 2012 law that prohibits members of Congress from participating in initial public offerings, or IPOs, other than what is available to members of the public generally, said Melanie Sloan, executive director of the Committee for Ethics and Responsibility in Washington, a watchdog group. ORourke, a Democrat whose district covers a portion of western Texas, reported the possible violation after Legistorm, an online news site that tracks congressional issues, informed him that his Nov. 15 disclosure saying he participated in the Twitter IPO earlier in the month might indicate a violation of a 2012 law called the Stop Trading on Congressional Knowledge Act, or STOCK Act. The freshman congressman also reported that, through his stockbroker, he participated in six other initial public offerings this year. In an interview, ORourke said he didnt see a Nov. 5 memo from the House Ethics Committee warning members of Congress about participating in IPOs. On 27 November 2013, O'Rourke wrote on Facebook that the ethics committee had informed him they would consider the issue resolved once he sold off any remaining shares that he bought during any IPOs, and sent the U.S. Treasury a check equal to the amount he earned in profits from those IPO-related shares: wrote Upon receiving the letter from the Committee today I instructed my broker to sell all remaining shares, which he did. I then sent a check for the full amount of the profit from all IPO trades this year to the U.S. Treasury by overnight mail. Copies of the trades and the check have been sent to the Ethics Committee. I apologize to the House of Representatives and to the people I represent for not exercising due diligence. I will be much more thorough in the future concerning financial transactions and do my best to ensure that I am in full compliance with all rules covering members of Congress. Records filed with the Clerk of the House of Representatives show that O'Rourke bought between $1,000 and $15,000 worth of shares in Twitter on 7 November 2013 (the first day the company was traded on the stock market), before selling off between $1,000 and $15,000 in shares later that day. filed Records also indicate that on 27 November 2013, O'Rourke again sold off between $1,000 and $15,000 worth of Twitter shares "pursuant to the recommendations made by House Ethics Committee in a letter from 11/27/13." indicate The meme claimed: FATHER'S DRUG SCANDAL O'Rourke's father, while county judge, had a 2-way radio installed in his Jeep. Installers discovered a condom packed with a "white powder" concealed in his vehicle and called police. Much to the dismay of investigating officers, the Captain on duty, a friend and political ally of O'Rourke, flushed the evidence down the toilet and dropped the charges. The Captain was subsequently suspended and tried for tampering with evidence. This section of the meme relates to incidents which took place in 1983, when Beto O'Rourke was 10 years old, and which had absolutely nothing to do with him. Nevertheless, it's true that in February 1983, El Paso County Sheriff's Captain Willie Hill told two police officers to get rid of a condom full of white powder which they had found in Pat O'Rourke's car while they were installing a radio in it. The officers suspected the powder to be heroin or cocaine, but the substance was never tested to determine its true nature. Hill was temporarily suspended but was reinstated after being acquitted on a misdemeanor charge of evidence tampering. (The prosecutor had earlier dropped a charge of misconduct against him.) Hill testified that he made a snap decision about the discovery of the powder, which he strongly suspected had been planted there to embarrass or undermine either O'Rourke or one of the officers installing the radio. being acquitted O'Rourke and Hill were friends, as O'Rourke (then county judge) told the El Paso Times: "Because he's a good man, it would be an injustice if Willie were to suffer grievous consequences from this whole episode. You have an honest and honorable man implicated by pure fluke. And that's just damn right not fair." El Paso Times The meme claimed: FAMILY BUSINESS FEDERALLY PROSECUTED O'Rourke's family business "Charlotte's Furniture," a store "Beto," his mother and sister are involved with, was charged in 2010 with altering records to avoid IRS reporting. Investigators found they accepted cash payments, in one instance over $630,000 from an unnamed individual (that's a LOT of furniture)! Found guilty on 15 counts, the sentence was a $250,000 fine and 5 years' probation. Around the time O'Rourke announced as a senate candidate, the business was shuttered and its records became unavailable. O'Rourke passes the prosecution off as a "mistake"; it's been covered, move along, nothing to see here. The meme got the basic facts right about the federal tax case against Charlotte's, but it falsely claimed that Congressman O'Rourke was personally "involved" in the company. He was not. In 2010, Charlotte's Inc., an El Paso furniture store company started by O'Rourke's grandmother in 1951, was convicted of "structuring transactions to evade reporting requirements, a tax-related felony. The company was charged as a corporate entity, but the Congressman's mother, Melissa O'Rourke, acted as its authorized representative. felony The company pled guilty to accusations that it had restructured transactions in order to present relatively large cash payments as having been made in installments of less than $10,000. Anti-money laundering provisions of U.S. law require that a business reveal the identity of any individual who makes a cash payment above that threshold. restructured provisions In total, Charlotte's and its employees illegally restructured $630,000 in payments, all from one customer, in this way between May 2005 and October 2006. The identity of that customer is not known. U.S. District Court judge Kathleen Cardone gave a sentence of five years' probation and a $500,000 fine, with $250,000 of that suspended. sentence In 2017, Melissa O'Rourke announced that she intended to close down the business but denied the decision was connected to her son's U.S. Senate campaign or the 2010 conviction. announced According to Texas Comptroller of Public Accounts records for 2017, Congressman O'Rourke had no formal role with Charlotte's Inc., whose directors were Melissa O'Rourke and the Congressman's sister Charlotte O'Rourke. records Records for 2005 and 2006 (when the I.R.S. reporting violations took place) as well as 2010 (when the conviction happened) show that Congressman O'Rourke had no formal role with the company at those times, either. Records The Congressman is part owner of the property where Charlotte's was located. According to O'Rourke's 2013 congressional financial disclosure, his mother gifted him an ownership stake worth between $1 million and $5 million in Peppertree Square, a shopping center on North Mesa St. in El Paso. disclosure However, his part ownership of the Peppertree Square property (which does not appear to entail any management function in any of the businesses located there) did not accrue until 31 December 2012, more than six years after the conclusion of the I.R.S. reporting violations at Charlotte's. O'Rourke, Robert Beto.  "Statement of Candidacy."
  Federal Election Commission.  9 July 2018. Bradner, Eric.  "With Primary Ending, Cruz Takes Opening Shot at Beto O'Rourke's Name."
  CNN.  7 March 2018. Stanton, John.  "Juarez's Biggest Booster Is an Irish-American Congressman."
  BuzzFeed News.  14 October 2014. Draper, Robert.  "Texas, Three Ways."
  The New York Times.  14 November 2014. Scharrer, Gary.  "O'Rourke Goes Out Talking."
  The El Paso Times.  8 December 1986. The El Paso Times.  "Consumers Dial Up Web Site."
  16 June 1999. O'Rourke, Beto.  "Texas Should Lead the Way on True Criminal Justice Reform."
  The Houston Chronicle.  27 August 2018. Diaz, Kevin.  "Police Reports Detail Beto O'Rourke's 1998 DWI Arrest."
  The Houston Chronicle.  31 August 2018. Cruz, Laura.  "Friends, Family Say Goodbye to O'Rourke."
  The El Paso Times.  7 July 2001. The White House.  "Fact Sheet: The STOCK Act -- Bans Members of Congress from Insider Trading."
  4 April 2012. The El Paso Times.  "Congressman May Have Broken Ethics Rules with Twitter Stock Purchase."
  26 November 2013. Landis, David.  "Jurors Decided Hill Negligent, Not Criminal."
  The El Paso Times.  23 December 1983. Scharrer, Gary.  "O'Rourke Expresses Sorrow Over Charge."
  The El Paso Times.  29 October 1983. Legal Information Institute.  "U.S. Code, Title 31, Subtitle IV, Chapter 53, Subchapter II, Section 5324 -- Structuring Transactions to Evade Reporting Requirement Prohibite."
  Cornell Law School.  Accessed 31 August 2018. U.S. District Court, Western District of Texas, El Paso Division.  "U.S.A. vs Charlotte's Inc. -- Information."
  4 May 2010. U.S. District Court, Western District of Texas, El Paso Division.  "U.S.A. vs Charlotte's Inc. -- Amended Judgment."
  8 June 2010. Villa, Pablo.  "Charlotte's Furniture Store to Close This Year, Owner Says."
  The El Paso Times.  4 August 2017. Correction [4 September 2018]: This article has been updated to more accurately describe the role of El Paso County judge. Claim:  U.S. law specifies that merchants do not have to accept more than 100 pennies in payment.  Origins:  This is one of the pieces of misinformation that makes me wish web sites like this one had been around when I was a kid so I have could pointed my father toward it and told him to shut up already.  I can't recall how many times he solemnly intoned that "Pennies are not legal tender in quantities greater than 100" and therefore merchants were   "legally" allowed to refuse any offer of payment that included more than one hundred one-cent coins (and, presumably,  could not "legally" refuse payment offered in any other form of legal tender).  As with so many other things he was dead wrong (and I knew it even then), but I had no way of proving him wrong.  I can now, though. Title 31 (Money and Finance), Subtitle IV (Money), Chapter 51 (Coins and Currency), Subchapter I (Monetary System), Section 5103 (Legal Tender) of the United States Code states: United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues. Foreign gold or silver coins are not legal tender for debts. What this statute means, in the words of the United States Treasury, is that "[A]ll United States money ...  is a valid and legal offer of payment for debts when tendered to a creditor. There is, however, no Federal law mandating that a person or organization must accept currency or coins as for payment for goods and/or services." In other words, U.S. currency and coins can be used for making payments, but merchants do not necessarily have to accept it for all forms of business transactions. If a shoemaker wants to sell his products for 8000 jelly beans per pair, he's entitled to do so; the buyer cannot demand that he accept the equivalent value in legal tender instead.  However, legal tender is the default method of payment assumed in contractual agreements involving debts and payments for goods or services unless otherwise specified.   So, for example, if an automobile dealer signs a contract agreeing to sell you a car for $8,000, but when you begin making monthly payments he rejects them and insists he wants to be paid in gold instead, you can go to court and have your debt discharged on the grounds that valid payment was offered and refused. Up until the late 19th century, pennies and nickels weren't legal tender at all.  The Coinage Acts of 1873 and 1879 made them legal tender for debts up to 25 cents only, while the other fractional coins (dimes, quarters, and half dollars) were legal tender for amounts up to $10. This remained the law until the Coinage Act of 1965 specified that all U.S. coins are legal tender in any amount. However, even in cases where legal tender has been agreed to as a form of payment, private businesses are still free to specify which forms of legal tender they will accept.  If a shop doesn't want to take any currency larger than $20 bills, or they don't want to take pennies at all, or they want to be paid in nothing but dimes, they're entitled to do so (but, as mentioned earlier, they should specify their payment policies before entering into transactions with buyers).  Businesses are free to accept or reject pennies as they see fit; no law specifies that pennies cease to be considered legal tender when proffered in quantities over a particular amount. Additional information:        Designation of legal tender   (United States Code, Title 31)        What is legal tender?   (United States Treasury FAQ)   Last updated:  16 May 2011   Landers, Ann.   "Ann Landers."  29 January 1996   [syndicated column].   Viets, Elaine.  "A Penny Saved Can Be a Lot of Trouble."  St. Louis Post-Dispatch.  24 April 1994. Claim:  Article describes incidents in the administration of Maine governor Paul LePage.  Example:  [Collected via e-mail, April 2012] Meet Maine's New Governor  In case you haven't heard aboutthis guy before, his name will stick in your mind! The new Maine Governor, Paul LePage is making New Jersey's Chris Christielook like an enabler. He isn't afraid to say what he thinks. Judging bythe comments, every time he opens his mouth, his popularity goes up.He brought down the house at his inauguration when he shook his fisttoward the media box and said, "You're on notice! I've inherited afinancially troubled State to run. Observe...cover what we do...but don'twhine if I don't waste time responding to your every whim just for youramusement." During his campaign for Governor, he was talking to commercial fishermenwho are struggling because of federal fisheries rules. They complainedthat 0bama brought his family to Bar Harbor and Acadia National Park for along Labor Day holiday and found time to meet with union leaders, butwouldn't talk to the fishermen. LePage replied, "I'd tell him to go tohell and get out of my State." The Lame Stream Media crucified LePage, buthe jumped 6 points in the pre-election poll. The Martin Luther King incident was a political sandbag, which brought himNational exposure. The 'lame stream' media crucified him, but word on thestreet is very positive. The NAACP specifically asked LePage to spend MLKDay visiting black inmates at the Maine State Prison. He told them that hewould meet with ALL inmates, regardless of race, if he were to visit theprison. The NAACP balked and then put out a news release claiming falselythat he refused to participate in any MLK events. He read it in the paperfor the 1st time the next morning while being driven to an event and wentballistic because none of the reporters had called him for comment beforerunning the NAACP release. He arrived at that event & said in front of a TV camera, "If they want toplay the race card on me they can kiss my ass", and he reminded them thathe has an adopted black son from Jamaica and that he attended the localMLK Breakfast every year that he was mayor of Waterville. (He started hismorning there on MLK Day.) He then stated that there's a right way and a wrong way to meet with theGovernor, and he put all special interests on notice that press releases,media leaks, and all demonstrations would prove to be the wrong way. Hesaid any other group, which acted like the NAACP could expect to be at thebottom of the Governor's priority list! He then did the following, and judging from local radio talk show callers,his popularity increased even more: The State employees union complainedbecause he waited until 3 P.M. before closing State offices and facilitiesand sending non-emergency personnel home during the last blizzard. Theprior Governor would often close offices for the day with just a forecastbefore the first flakes. (Each time the State closes for snow, it coststhe taxpayers about $1 million in wages for no work in return.)LePage was CEO of the Marden's chain of discount family bargain retailstores before election as governor. He noted that State employees gettingoff work early could still find lots of retail stores open to shop. So, heput the State employees on notice by announcing: "If Marden's is open,Maine is open!" He told State employees: "We live in Maine in the winter, for heaven'ssake, and should know how to drive in it. Otherwise, apply for a State jobin Florida!" Governor LePage symbolizes what America needs; Refreshing politicians whoaren't self-serving and who exhibit common sense.  Origins:  Paul LePage is the Republican governor of Maine who was elected to that office in 2010 after serving eight years as the mayor of Waterville.  Prior to his stint as Waterville's mayor, LePage was general manager of Marden's Surplus and Salvage, a discount chain with 14 stores throughout the state of Maine.  Shortly after LePage took office as governor in January 2011 the laudatory piece about him reproduced above began circulating on the Internet; we found its salient points to be a mixture of varying degrees of truthfulness as described below:  Paul LePage   He brought down the house at his inauguration when he shook his fist toward the media box and said, "You're on notice! I've inherited a financially troubled State to run. Observe ... cover what we do ... but don't whine if I don't waste time responding to your every whim just for your amusement." Although this inaugural statement attributed to Governor LePage is widely quoted on Internet sites, it doesn't appear in either the transcript or the video recording of his inaugural address.  Perhaps he said it some other point during his inaugural day ceremonies, but we haven't yet been able to find a source documenting that he did. transcript video     During his campaign for Governor, he was talking to commercial fishermenwho are struggling because of federal fisheries rules. They complainedthat 0bama brought his family to Bar Harbor and Acadia National Park for along Labor Day holiday and found time to meet with union leaders, butwouldn't talk to the fishermen. LePage replied, "I'd tell him to go tohell and get out of my State." While on the campaign trail in September 2010, LePage did make a comment to a group of fishermen about how he would "tell Obama to go to hell," although an Associated Press account of the incident gives it a somewhat different context: Republican gubernatorial candidate Paul LePage told a group of fishermen at a GOP forum that he won't be afraid to tell President Barack Obama to "go to hell." LePage [said] that he regretted the words he chose in the small coastal town of Brooksville but that he wasn't backing down in his criticism of the administration for what he describes as free-spending, antibusiness policies. LePage was responding to a question when he made the remark about Obama, which was captured by a Democratic Party aide who was videotaping the event. "As your governor, you're going to be seeing a lot of me on the front page, saying 'Governor LePage tells Obama to go to hell,'" LePage said to applause. LePage's remark was part of a longer discussion of issues at the fishermen's forum. Dennis Blodgett, the town's GOP committee chairman, said much of the discussion focused on "too many federal regulations being crammed down our throats."   The NAACP specifically asked LePage to spend MLK Day visiting black inmates at the Maine State Prison. He told them that hewould meet with ALL inmates, regardless of race, if he were to visit the prison. He arrived at that event & said in front of a TV camera, "If they want to play the race card on me they can kiss my ass." In January 2011, some news accounts reported that Governor LePage had declined an NAACP invitation to attend an NAACP-sponsored Martin Luther King Day event which included a meeting with black inmates at the Maine State Prison, with the governor stating that he would meet with all prisoners or none at all, and telling the organization to "kiss my butt" when they responded that his proposal was unacceptable: Maine Governor Paul LePage declined an NAACP invitation to attend Martin Luther King Day events. Hell be attending a funeral of a State Trooper. NAACP didnt like that, and questioned his support for them. LePage responded ... uhm ... pretty clearly. They are a special interest. End of story ... and Im not going to be held hostage by special interests. And if they want, they can look at my family picture. My son happens to be black, so they can do whatever theyd like about it. The fact of the matter is theres only so many hours in a day, so many hours in a week, and so much that you can do. Hes turned down NAACP invitations before. They invited me to go to the state prison to meet black prisoners. I told them I would go, Id be more than happy to go, but I would meet all prisoners, and that wasnt acceptable to them. So tough Luck. To the suggestion that he had a pattern of slighting the N.A.A.C.P., he replied, Tell them to kiss my butt, adding, If they want to play the race card, come to dinner; my son will talk to them. However, the referenced event was actually a candidates' forum that took place in September 2010, while LePage was still a candidate for governor, not an event to be held on Martin Luther King Day in January 2011, after LePage took office.  The NAACP maintained (and offered documentation demonstrating) that their invitation for LePage to attend the candidates' forum at a prison in Warren made no mention of his meeting only with black prisoners, that LePage never told them he would go to "meet all prisoners" or none at all, that the NAACP never told him his proposal was "unacceptable," and that LePage's staff had simply cited "scheduling conflicts" in declining the NAACP's invitation: Gov. Paul LePage lied in recounting an exchange with the NAACP over an invitation to a campaign forum at a Maine prison, the head of the state organization said. In his now-famous "kiss my butt" television interview, LePage said the NAACP had invited him to meet with black prisoners and that he declined, but told the group, "I would be more than happy to go, but I would meet all prisoners  and that wasn't acceptable to them, so tough luck." That exchange never happened, said Rachel Talbot Ross, state director of the National Association for the Advancement of Colored People and president of the NAACP Portland branch. The e-mailed invitation, dated June 14 and reviewed by The Portland Press Herald, makes no mention of race and says the candidates' forum is simply at the prison in Warren. It was to take place before all the prisoners, Ross said. Ross said neither LePage nor anyone from his campaign indicated the governor would go to "meet all prisoners," because he declined the invitation; and she said the NAACP never said that such a session "wasn't acceptable." Ross said she was baffled by the governor's perception that the forum was for black prisoners only. Her only communication with the campaign about the event was an e-mail from LePage's campaign scheduler on July 15. The e-mail from scheduler Micki Mullen declined the invitation to the Sept. 24 prison event and an NAACP town hall forum on Oct. 15, citing scheduling conflicts. The e-mail doesn't mention any concern about a segregated prison forum, LePage's desire to "meet all prisoners" or any conversation in which the NAACP turned down LePage's proposal. Ross said she was particularly upset by LePage's assertion that the NAACP would view a meeting with all prisoners as not "acceptable." Dan Demeritt, LePage's spokesman, said the then-candidate and his staff had a different "characterization" of the prison event, which eventually was canceled. However, after being read a copy of the invitation provided by Ross, Demeritt could not say where the characterization of the event as a forum for black prisoners only came from. In an interview, LePage initially responded to complaints that he had turned down invitations to two NAACP Martin Luther King Day events in Portland. After dismissing the NAACP as a "special interest" and referencing the prison forum and the supposed exchange over an alternative visit, LePage was asked about concerns that his actions suggested a pattern of ignoring the group. "Tell 'em to kiss my butt," LePage said.   The State employees union complained because he waited until 3 P.M. before closing State offices and facilitiesand sending non-emergency personnel home during the last blizzard. The prior Governor would often close offices for the day with just a forecast before the first flakes. LePage was CEO of the Marden's chain of discount family bargain retailstores before election as governor. He noted that State employees getting off work early could still find lots of retail stores open to shop. So, he put the State employees on notice by announcing: "If Marden's is open, Maine is open!" Governor LePage did keep state offices open until 3:00 P.M. when a winter storm hit Maine in mid-January 2011, with his spokesman stating that the governor's rule of thumb was that "If Marden's is open, Maine is open": State workers may want to invest in some snow tires. Gov. Paul LePage seems less willing than his predecessor to close down state offices in bad weather. Case in point: During [a] storm which deposited 12-16 inches of snow in Kennebec County, LePage kept state workers at their posts until 3 p.m. Under former Gov. John Baldacci, they might not have gone to work in the first place. Baldacci received criticism during his tenure for appearing too eager to close down state government during a snowstorm. LePage spokesman Dan Demeritt explained that LePage, former general manager of Marden's Surplus & Salvage, expects state workers to get to work just like employees in the private sector. "The rule of thumb is: If Marden's is open, Maine is open," Demeritt said. In 2007, when a snowstorm prompted Baldacci to close state offices, the state controller calculated that the state paid stay-at-home workers about $1 million in salary and benefits.   Last updated:  9 April 2015    Murphy, Edward D.  "NAACP Leader Says LePage Lied."   Kennebec Journal.  19 January 2011.    Sharp, David.  "Maine Gov. Candidate: I'd Tell Obama to Go to Hell."   Businessweek.  29 September 2010.    Sharp, David.  "Maine Storm Packs Heavier-Than-Anticipated Snow."   The Boston Globe.  12 January 2011.    The Washington Post.  "Governor on NAACP Flap: 'Tell Them to Kiss My Butt.'"   15 January 2011.    WCSH-TV [Portland].  "NAACP Refutes LePage's Version of Prison Invitation."   14 January 2011. In January 2016, a quote attributed to first U.S. president George Washington, about the importance of an armed citizenry, started recirculating on the internet:  This statement had been making the online rounds for several years, but it regained popularity in January 2016 after President Obama announced new measures on gun control. announced George Washington never uttered the phrase in question. The first ten words ("a free people ought not only be armed and disciplined") are taken from the former president's annual address to theSenate and House of Representatives on 8 January 1790, in which he argued in favor of an armed citizenry and self-sufficiency in production military supplies as a deterrent to war: annual address Among the many interesting objects which will engage your attention that of providing for the common defense will merit particular regard. To be prepared for war is one of the most effectual means of preserving peace. A free people ought not only to be armed, but disciplined; to which end a uniform and well-digested plan is requisite; and their safety and interest require that they should promote such manufactories as tend to render them independent of others for essential, particularly military, supplies. The proper establishment of the troops which may be deemed indispensable will be entitled to mature consideration. In the arrangements which may be made respecting it it will be of importance to conciliate the comfortable support of the officers and soldiers with a due regard to economy. A page dedicated to fake quotes attributed to George Washington on theMount Vernon web site addressed this passage as follows: addressed This quote is partially accurate as the beginning section is taken from Washington's First Annual Message to Congress on the State of the Union. However, the quote is then manipulated into a differing context and the remaining text is inaccurate. Although this meme does include a portion of Washington's first annual addressto members of theSenate and House of Representatives in1790, the majority of the quotewas never utteredby the Founding Father, and does not accurately represent his views on gun control. Nonetheless, its apocryphal nature doesn't hinder its continued reproduction as a genuine expression from George Washington: On 23 August 2018, amid news of the plea deal of Trump personal attorney Michael Cohen and the conviction of former Trump campaign manager Paul Manafort on eight counts of financial crimes, President Trump sat down with Fox and Friends Ainsley Earhardt for an interview. The topic of impeachment was broached by the President himself, who ruminated that "I don't know how you can impeach somebody who's done a great job."  His follow-up to that remark quickly became the topic of online memes: interview  Indeed, President Trump suggested that removing him from office would have catastrophic financial ramifications for the U.S. financial markets and for all Americans, because the country's economy could not survive being stripped of his "thinking":  That same day, CNBC reported the market "had little reaction so far to Trump's renewed legal troubles, adding that "traders say the market ... expects Trump to avoid impeachment unless the special counsel investigation can tie the president directly to collusion with Russia to sway the 2016 election." reported Melloy, John.  "Trump Says the Stock Market Would Crash If He Were Impeached: 'Everybody Would Be Very Poor'."
  CNBC.  23 August 2018 One of the most heated exchanges between Rick Scott and Alex Sink at their third and final gubernatorial debate on Oct. 25, 2010, centered on fraud.But it was Sink, not Scott, in the hot seat.After Sink brought up Scott's time running Columbia/HCA and the hospital company's convictions and $1.7 billion in fines for defrauding Medicare and Medicaid, Scott turned the tables on the former bank executive.Look, you want to talk about fraud. Let's talk about your job at NationsBank, Scott said. Your tellers were paid kickbacks, your tellers in your bank were paid kickbacks for directing elderly consumers from ...Scott stopped in mid-thought because he saw Sink smiling.You want to smile about it? Scott asked.Am I going to have an opportunity to respond? Sink turned and asked the moderators, CNN's John King and theSt. Petersburg Times'Adam C. Smith. But before King or Smith could answer, Scott pressed on.Let me finish and make sure you understand what the issue is. Your tellers were paid kickbacks -- OK. Your tellers were paid kickbacks for -- OK, you think it's funny for these seniors that you sent from safe deposits to risky ones, Scott said. All right, you were sued -- your bank was sued and you paid fines. That's called fraud. So I have a whole list -- you want to talk about fraud, I can give you a list of them.We've examined in detail Scott's time and role in the fraud investigation at Columbia/HCA, so we thought it fair to delve into Sink's banking background, and the allegations of fraud at NationsBank -- which is now Bank of America.Sink, the state chief financial officer, is a banker by profession. She came to Florida in 1989 and became president of NationsBank Florida in November 1993. She served in that role until early 1998, when she became president of the bank's private client group. In 2000, NationsBank merged with Bank of America. Sink left Bank of America that same year in an executive shake-up.The roots of the allegations Scott is talking about stretch back to 1994 and originate in Florida.That year, a stockbroker with a NationsBank subsidiary, NationsSecurities, went public with what he described as an orchestrated nationwide scheme to get bank customers to move investments from safe, federally insured accounts to more risky brokerage and mutual funds.Florida-based NationsSecurities broker David Cray said the bank and its securities arm intentionally blurred the lines between its traditional banking business and its securities business and misled customers into thinking those securities investments were protected by the bank or the federal government. The scheme permeated the entire bank, Cray, and later others, said. Brokers were given sales scripts to try to convince bank customers to move their money into more risky securities.A NationsSecurities senior manager said employees should use the phrase SPR which stood for safety, predictability and return when discussing the mutual funds, according to the findings of a subsequent Securities and Exchange Commission investigation. A sales script the company used said the investments provided certainty in an uncertain world, and NationsSecurities branch managers also encouraged employees to use fear to sell securities. In one orientation sales meeting, a manager suggested that a broker could ask customers: Is this your risky money or safe money? If this is risky, I know a guy at Merrill or Dean Witter.NationsBank helped NationsSecurities by providing brokers lists of customers with Certificates of Deposit about to mature, according to the SEC's findings.Why was the bank pushing the mutual fund investments and its securities side business? According to Cray and others, NationsBank received lucrative fees for the mutual funds its subsidiary managed.The allegations led to a class-action lawsuit against NationsBank of Florida, NationsSecurities and others, from investors who lost money by unknowingly making the risky investments, which in the end lost money. Along with the SEC, the Department of Justice also opened an investigation. The results of those investigations support Scott's claim that bank tellers were being paid for referring customers to the securities side of the business.The SEC concluded that NationsBank tellers were provided incentives to refer customers to NationsSecurities stock brokers. If the NationsSecurities broker got a customer to buy into the mutual fund, the teller who made the referral would receive a 5 percent commission. In some instances, bank employees substantially increased their monthly compensation during this period by making referrals to NationsSecurities, the SEC found.The SEC fined NationsSecurities$4 millionin 1998 for its role in misleading bank customers.NationsBank ended up paying civil fines of $6.4 million and $6.75 million to the federal government in 2000 and 2002, and another $8.1 million to 2,230 investors nationwide. No criminal charges in the case were filed, according to theSt. Petersburg Times.We should note, that despite Scott's suggestion, the scheme wasn't crafted solely for elderly customers. The investments were sold as being safe for anyone, including the elderly, brokers were told to say. The Securities and Exchange Commission did find, however, that more than half of the eventual investors were over 60.Sink said she had nothing to do with the mutual fund scheme. The companies NationsBank and NationsSecurities were managed separately, though NationsBank allowed NationsSecurities representatives to sit in desks at bank lobbies where they would appear to look like bank employees. Sink also says the lawyer who brought the class-action lawsuit would back up her story. We explored that claim in another item, which you can readhere.But in this case, we're drilling down on what Scott said.He said that Sink's tellers were paid kickbacks for directing elderly consumers from ... safe deposits to risky ones. While Sink was state president of NationsBank, bank tellers in Florida were being paid a 5 percent commission for directing bank customers to bank-related stock brokers. The stock brokers were then selling riskier investments under the guise that they were protected either by the bank or the federal government. We rate this claim is True. Democratic presidential candidate Martin OMalley recently offered a striking comparison about American families and college tuition. Fifty years ago, the average GM employee could pay for a year of a son or daughters college tuition on just two weeks' wages, OMalley wrote in apost on Medium. Today, we are saddling our graduating kids and their families with more than $1.3 trillion in loan debt. Really? We decided to take a closer look. What tuition cost The easier part of this equation to nail down is the average cost of college tuition. According to theU.S. Education Department, average undergraduate tuition and fees -- excluding room and board -- in the 1965-66 school year was $607 per year for a four-year college (public and private) and $203 for a two-year college. (Adding room and board bumps up those figures to $1,375 and $884, respectively, but OMalley said tuition, so we wont consider room and board.) What the average GM worker made According to anarticlein the Aug. 25, 1964, edition of theChicago Tribune, the average hourly wage in the auto industry that year was $3.01. That grew a bit after anew union contractwas negotiated later that year, but a figure in that ballpark is about right for the time frame OMalley was talking about, said Kristin Dziczek, director of the industry and labor group at the Center for Automotive Research in Ann Arbor, Mich.Historical wage datafrom Ford, for instance, shows that the base wage for a major assembler was $2.91 an hour in 1965. Dziczek noted that workers in durable-goods manufacturing averaged 44 hours per week in 1965, with time-and-a-half for the final four hours. So a $3.10-an-hour wage (accounting for the increase in the 1964 UAW contract) would work out to $142.60 per week, or $285.20 for the two-week period OMalley cites. So if you ignore taxes -- a questionable policy, but one well grant OMalley for the sake of argument -- then two weeks of average GM pay would have been enough to pay for one year at the typical two-year college in 1965. But it would not be enough to pay for a year at typical four-year college. That would take a little more than four weeks work. What the OMalley campaign says The OMalley campaign said they took the wage number from a column by University of California-Berkeley economist Robert Reich, who also served as labor secretary under President Bill Clinton. In 2014, Reich wrote. Fifty years ago, when General Motors was the largest employer in America, the typical GM worker got paid $35 an hour in todays dollars. But that works out to $4.66 an hourin 1965 dollars, and contemporary evidence suggests that wage is about 50 percent too high. Meanwhile, on the tuition side of the equation, the OMalley campaign said that one year of in-state, undergraduate tuition atUniversity of Iowain the 1964-65 school year cost $340, and that this was the case for other states, as well, such as New Hampshire. However, if you use the $3.10-an-hour wage -- rather than Reichs $4.66-an-hour wage -- then two weeks pay, even when untaxed, would not quite cover a years in-state tuition at the University of Iowa. And since many GM workers wouldnt have been residents of Iowa, and thus eligible for the in-state rate at the University of Iowa, we think its fairer to look at average tuition nationally. Comparing 1965 to today So OMalleys comparison doesnt quite hold up. However, its fair to note that he has a point about the larger question. Namely, it was a whole lot more realistic to be able to pay for a year of tuition with just a few weeks of blue-collar income in 1965 than it is now. During the 2012-13 school year, a years tuition at the average four-year college was $14,101, and the base wage at Ford for a major assembler was $28.13 an hour. If you include overtime pay, then two 44-hour weeks at that wage (without setting aside anything for taxes) works out to about $2,700, or less than 20 percent of the one-year average tuition cost. At that rate, it would take more than 10 weeks work, including some overtime, to pay for a years worth of tuition. We should note that the rise of college tuition costs is the bigger culprit here. In nominal dollars, auto worker wages have grown ninefold since 1965. But average four-year-college tuition is up 23 times from what it was in 1965. Our ruling OMalley said, Fifty years ago, the average GM employee could pay for a year of a son or daughters college tuition on just two weeks wages. Thats not quite right -- it would have taken about four weeks of work at GM, not two, to pay for a year at the average four-year college in 1965, and more than that if you take account of taxes. Still, OMalley has a point that the situation in 1965 was quite a deal compared to today, when a typical auto worker would have to work for 10 weeks in order to pay for a year of tuition at the average four-year college. We rate the statement Mostly True. CORRECTION, Feb. 2, 2016: The calculations in our original version slightly overstated the typical weekly and biweekly wages for UAW workers. A $3.10-an-hour wage (accounting for the increase in the 1964 UAW contract) would work out to $142.60 per week, or $285.20 for the two-week period Martin OMalley cited. The difference does not affect the final rating. Hillary Clinton is attacking DonaldTrumps tax plan, saying it actually benefits the hedge fund managers Trump had promised to cut down to size. Now, before releasing his plan, Trump said, Hedge fund guys are getting away with murder. And he added, Theyll pay more,  Clinton said. Then his plan came out. And it actually makes the current loophole even worse. It gives hedge-fund managers a special tax rate thats lower than what many middle-class families pay, Clinton continuedin the June 21, 2016, speech. And I did have to look twice because I didnt believe it. Under Donald Trumps plan, these Wall Street millionaires will pay a lower tax rate than many working people. Trumps plan does roll back one high-profile advantage for hedge fund partners. Is Clinton right to say they still come out ahead? Trump took an aggressive position on tax rates for hedge fund managers during his fight for the Republican nomination. In an interview with CBS in August, Trumpcalledthem paper pushers who did not build this country. In a Republicandebatein September, Trump said his tax plan would make them pay more. The hedge fund guys wont like me as much as they like me right now. I know them all, but theyll pay more, Trump said. After the Republican debate, Trump released the outline of histax plan. Trumps plan eliminates the so-called carried interest tax loophole, which allows general partners in private investment firms (including most hedge fund managers) to treat some of their income as income from investments, or capital gains, subject to a top tax rate of 23.8 percent, instead of the much higher tax rate for ordinary income (43.4 percent). Under Trumps plan, income from carried interest would no longer be treated as capital gains. Tax rates for ordinary income tops out at 25 percent under Trumps plan. This looks like a hike in line with Trumps promises. Except. Along with private equity and venture capital funds, many hedge funds are structured as partnerships. Under Trumps plan, income through a business partnership is taxed at a rate of no more than 15 percent, significantly less than the 23.8 percent they previously paid, according to ananalysisof Trumps tax plan from the nonpartisan Tax Policy Center. Eliminating the carried interest loophole actually helps these hedge fund managers under Trumps plan. If carried interest was still treated as capital gains, it could be taxed at the top rate for capital gains in the plan (20 percent), higher than the fixed 15 percent tax for partnership income. Trumps plan presents the discounted rate for partnership income as a way to help the small businesses that are the true engine of our economy. It also helps large businesses and wealthy financiers who structure their businesses as partnerships, including the hedge funds managers he attacked in his campaign. Clinton also said that rates for hedge fund managers would be lower than for middle-class families under Trumps plan. Defining the middle class can be tricky, but in thePew Research Centers rangeof $42,000 to $125,000 for a household of three in 2014, a substantial number of middle-class households would make enough to qualify for a marginal tax rate of more than 15 percent if Trumps plan were enacted. Not all of these people would pay more than 15 percent overall, according to Bob Williams at the Tax Policy Center, and it would be difficult to say how many middle-income people would pay more than hedge fund managers once the many different variables involved played out. But some would, Williams wrote in an email. In May,Politicoreportedthat the Trump campaign had engaged two economists to craft a new tax plan. The Trump campaign has not confirmed whether they plan to re-write their tax plan, and did not respond toPoliticosrequest for comment. The tax plan announced in September remains on Trump's website, and is the basis of this article. The Trump campaign did not respond to our request for comment on this article. Our ruling Clinton said Trumps proposed tax rate for hedge fund managers makes the current loophole even worse. She has a point. By setting a lower tax rate for income from business partnerships, Trumps tax plan would benefit many hedge fund managers. Though the plan would cut tax rates for middle-class families as well, the cuts that would apply to most hedge fund managers are steeper and their resulting tax rate is lower. Trump promised that his tax plan would roll back advantages for hedge fund managers. Instead, in most cases, it would improve their position. We rate the statement True.