A personal account of the WNC Disaster from Instagram

[littlemissmartypants]

Sorry tor the lengthiness of my post. I live
slightly east of Asheville. My grandson and 1
had to evacuate this morning. Back home,
thankful for minimal damage, but there is
damage. No power, no water, no gas available
anywhere between Black Mountain and
Asheville. Was told it may take a week to get
water and power. Plan on gathering wood for
my fire pit to use to cook what can be
salvaged from freezer. Will need to carry
water from the creek that damaged our home
to flush the toilets. Will need to ration food
because we do not know when supplies will
come and the one local grocery store will
open. We have food, but need to be careful.
Have enough drinking water for a few days.
I'm a camper, so I'm somewhat prepared, but
can kick myself for not getting propane for my
Coleman, thus the fire pit. I wasn't prepared
for this! Many people lost their homes. My
eyes are witnessing sights only seen in
movies. We`'re isolated here in the mountains
roads are impassable, vehicles are washed up
onto the railroad tracks, tracks are crumbling
tractor trailers are in the river nearby, bridges
are out. People are on their rooftops, or stuck
in their attics waiting to be rescued. People
aimlessly walking around dazed and
confused. Many messages on fb seeking out
help, or trying to locate loved ones. If you read
One Second After by William Forstchen, you
can read about my valley after an EMP attack.
Well, we are living it at this moment. Thankful
for all the emergency crews and locals helping
one another. Thanks for the prayers and
concerns coming in from family and friends
across the country. Be safe out there! This
grandmother is voting blue for my
grandchildren and future generations

Please keep North Carolina in your prayers. Help when you can. Thank you. 🙏❤️

[Deep State Witch]

1. I have a lot of friends in WNC

Most of them have managed to check in. My college friend's daughter in Boone and her family had to be rescued from their townhouse. It's just devastating to see.

[TBF]

2. Still waiting to hear from a friend in the Fletcher area -

he's pretty resourceful but the last contact we heard was that the road is washed out by him (that was Fri afternoon). He's not a MAGA either, despite these cries from folks that NC is all red. It's not - I've always heard that Asheville is liberal. The folks I know who own vacation property are liberal as well (granted pretty well off, but they are dems).

[bottomofthehill]

3. A natural disaster is just that

It is not time to worry about Red and Blue it is time to help people out. It is time to be the bigger person. I have a lot of very strong feelings about the red state grifters and they are grifters and takers, but now is not the time to talk politics. I was there to see the aftermath of Katrina, I will never forget it. The smell still haunts me at times. I lived in a presidentially declared disaster zone after a small hurricane did enormous damage to where I lived. Now is the time for compassion and help. We can go back to bitchen and arguen later.

[mountain grammy]

4. Terrifying..

Several organizations listed online...donating what we can and hoping for the best.

[IbogaProject]

5. New Treasury rules might be limiting this scam

All LLCs have to file sworn statements of people with beneficial interests in LLCs. All new firms have to register rapidly and all the ones formed before this year have to register by the end of the year. I hope this closes this up.

[littlemissmartypants]

6. ???

[IbogaProject]

7. New Federal Corporate beneficial ownership reporting requirements.

https://www.grantthornton.com/insights/alerts/tax/2024/insights/new-rules-require-beneficial-ownership-reporting-fincen

New rules under the Corporate Transparency Act (CTA) now require many corporations, limited liability companies and other entities to report beneficial ownership and other information to the Financial Crimes Enforcement Network (FinCEN). Impacted companies should contact legal counsel with expertise in this area and other service providers directly involved in the formation or registration of legal entities to assist in timely complying with the CTA’s new beneficial ownership reporting requirements.1

Background

The CTA was enacted as part of the Anti-Money Laundering Act in the 2021 National Defense Authorization Act. The CTA is intended to combat money laundering, terrorism financing, organized crime, and other financial crimes by requiring many corporations, limited liability companies (LLCs), and other entities formed or registered in the U.S. to timely report information about their beneficial owners and company applicants to FinCEN. The CTA authorizes FinCEN to maintain a centralized, nonpublic database of beneficial ownership information (BOI), accessible to law enforcement agencies, national security agencies, and financial institutions. The BOI reporting rules are generally effective as of Jan. 1, 2024.

Reporting companies

“Reporting companies” are required to file BOI reports with FinCEN within specified timeframes. There are two categories of reporting companies: domestic reporting companies and foreign reporting companies. Domestic reporting companies include corporations, LLCs, and any other entity created by the filing of a document with a secretary of state or similar office or Indian tribe. Foreign reporting companies include corporations, LLCs, or other entities formed under the law of a foreign country that are registered to do business in any state or tribal jurisdiction.

The reporting rule includes over 20 exemptions from BOI reporting for certain types of entities. Many of the exemptions are for entities that are already subject to significant regulation by federal or state government agencies. The BOI reporting rules are complex and raise many legal issues regarding the scope and interpretation of the various definitions and exemptions.

Beneficial owners

A “beneficial owner” includes any individual who, directly or indirectly, exercises substantial control over a reporting company. An individual exercises “substantial control” over a reporting company if the individual meets any of four general criteria:

The individual is a senior officer
The individual has authority to appoint or remove certain officers or a majority of directors of the reporting company
The individual is an important decision-maker
The individual has any other form of substantial control over the reporting company
No ownership interest in the reporting company is required. There is also no limit on the number of individuals who may be treated as exercising substantial control over a reporting company. An Individual can exercise substantial control, directly or indirectly, over a reporting company, including through contracts, arrangements, understandings, intermediary entities or other relationships.


A “beneficial owner” also includes any individual who, directly or indirectly, owns or controls at least 25% of the ownership interests of a reporting company. A reporting company may have multiple types of ownership interests. Examples of ownership interests include equity, stock, or voting rights, a capital or profit interest, convertible instruments, options or other non-binding privileges to buy or sell any of the foregoing, and any other instrument, contract, or mechanism used to establish ownership.


Due to the complexity and expansiveness of the relevant definitions and terms, many companies will require legal advice and guidance in determining their beneficial owners, particularly in the case of organizations with complicated capital or governance structures or where interests are held indirectly through one or more tiers of entities or through trusts.

Company applicants

A reporting company is also generally required to report information about its company applicants. A “company applicant” is generally defined as (1) for domestic reporting companies, the individual that files the document forming the domestic reporting company, (2) for foreign reporting companies, the individual that files the document that first registers the foreign reporting company to do business in any state or tribal jurisdiction, and (3) whether a domestic or foreign reporting company, the individual who is primarily responsible for directing or controlling such filing if more than one individual is involved in the filing of the document. However, a reporting company is not required to report its company applicants if it is a domestic reporting company that was created before Jan. 1, 2024, or a foreign reporting company that first registered to do business in the U.S. before Jan. 1, 2024.

[littlemissmartypants]

8. Ok. But what does "A personal account of the WNC Disaster from Instagram"

Have to do with a scam? I'm totally confused because I don't see the relationship between the two, IbogaProject. But I've also been up all night.
What am I missing?





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