$1 billion is a lot of money, even in the United States. In tiny Hungary it is however a massive sum. This, according to a report from Bloomberg is the amount the head of the Hungarian central bank has siphoned off for himself, friends, and allies in just 3 years. It appears to be a brazen and Putinesque (not a coincidence) act of crony capitalism. And Hungary is not the wealthiest country in Europe either.
Things stink in Flint and it isn’t just the water. What we see here is urban machine politics. Everywhere it exists, from Chicago, to New York, to Detroit, to Flint this sort of thing follows. In these places some people see politics as a legitimate way to get rich. It’s pathetic.
(From The Washington Examiner)
Flint Mayor Karen Weaver on Wednesday denied an accusation that she directed donations meant for the Michigan city’s lead water crisis to a personal political action committee.
All that work. All that wealth. Half will go to the government. That is a crying shame.
Was that a dove I just heard?
(From Buzzfeed News)
Without a will or any financial planning, experts say more than half of Prince’s vast estate will go to state and federal taxes.
Before Prince’s death, his estate — which includes property, music royalties, and other ventures — was widely estimated to be at least $100 million.
Last week we reported that Nebraska had outlawed “civil forfeiture” without a conviction. The police can no longer just take your stuff in that state. Unfortunately we also had to note that there were still 41 other states in which civil forfeiture was legal. Oklahoma is one of these states.
My family is full of teachers. I respect teachers. I value what they do. But let’s get real here. This – as my old buddy might say – is “a straight up jack move” from the unions. This is theft from the taxpayers. Sorry. I know your union “negotiated” the pensions with politicians which got money from your union but it is just stealing with the veneer of bureaucratic legitimacy. You know it. We know it.
The median household income (total) in Illinois is $54,916.
Hey, what a concept. Due process.
Meet Loot and Extortion.
Many people even actually get tax credits, that is money in their pockets from the money extracted from taxpayers by the IRS.
I have little problem with people not being legally obligated to pay taxes. Taxes should have minimal impact on people’s lives. The smaller the tax bill the better for everyone.
But some of us must pay taxes. Many of us who fall into this camp are by no means rich,
(The was a post on Facebook from Lawrence Reed at FEE)
April 5 is yet another “day that will live in infamy.” On this date in 1933, Franklin Roosevelt signed Executive Order 6102, which criminalized the possession of monetary gold. Americans were ordered to hand over their gold coin and bullion to the government in less than a month (by May 1) under penalty of $10,000 fine and/or up to 10 years in prison, so that the government could more easily inflate the money supply.
Remember The Sheriff of Nottingham? He lives.
“I don’t think this would happen anywhere else in the world. If they use eminent domain in that way, it would mean they could choose any building in the city and just say, ‘We can take that property and pay what we want to pay,’ ” said Martin Mulryan, Davies’ project manager.
Maybe Rahm Emanuel learned something about seizing private property during his recent vacation to Cuba.
Just another day in the Windy City,
But hey, the Pentagon needs more funding right?
It seems one way or another we send our tax dollars over to the Middle East and central Asia and they just sink into the sand never to be seen again.
Civil forfeiture – policing for profit, official highway robbery, highway robbery by officials, whatever. It’s when the cops take your car, your money, your boat, and keep it, even if you are not convicted (or often charged) with a crime.
And you (if you are a police officer) can now attend a weekend convention where you too can learn the ins and outs of this horrible practice.
“If in doubt, take it.”