We have spent a lot of time recently talking about which city or state will go bankrupt first. That race to bankruptcy court seems to be accelerating as politicians in these vulnerable cities and states are starting to realize that their policies and ignorance are causing financial crises across the country.
However, we will step back from that theme for a few days since political class insanity in other areas has continued unabated and needs to be discussed and ridiculed.
1)We have often shown and proved that many liberal politicians across the country care more about illegal immigrants than they do about American citizens. These politicians lavish free food, free shelter, free medical care, and free cell phone service on those that have illegally entered the country while millions of Americans are homeless, hungry, in need of medical care, and cannot afford health insurance.
An recent research by Judicial Watch show that the Biden administration was especially good at using taxpayer wealth and taxes to make life so much easier for those that broke our immigration laws:
Judicial Watch received over 700 pages of government records from the Department of Homeland Security from the Biden administration.
They found that rather than spend millions of dollars of FEMA funds on Americans that had suffered through natural disasters, Biden illegally funneled that money to care for illegal immigrants in New York City.
And those millions of FEMA dollars got spent in just a few short months.
Specifically, Judicial Watch found that $188 million was diverted from the intended FEMA purposes to provide free food and shelter for illegal immigrants
The $188 million paid for 24 hour security for and meals for illegal immigrants staying in 33 city hotels and shelters.
Arrow Security, a private security firm, was used to provide security at just two hotels and over a month or so they ran up a bill of almost $3 million.
Whitson’s Food Service charged the Biden administration $583,153 for a single week of food delivery to illegal immigrants in the 33 hotel and shelter sites.
LIC COM LLC billed the American taxpayer over $1.2 million for 14 months of food delivery to a single illegal immigrant shelter.
You get the idea: Biden prioritized the feeding, sheltering, and security of illegal immigrants rather than making sure there were enough funds to support the needs of Americans who were suffering through natural disasters.
2)It has been pretty obvious to those that do not hate Donald Trump that Obama and Biden weaponized Federal government organizations to go after Trump and his supporters. And new uncovered government documents prove this point:
The FBI has found a “secret room” that secretly housed 1.9 million government documents from the Biden administration which laid out how Jack Smith in the Justice Department and other government employees stretched the law and made up evidence to discredit Trump.
Other documents show how FBI employees pressured news organizations to suppress the Hunter Biden laptop story and the bad and possibly illegal business dealings of the Biden son in order to shield Biden from bad family publicity prior to the election.
Former senior FBI employee, Bassem Youssef, has revealed that when James Comey ran the FBI, the Bureau’s hiring practices of the agency were transformed from practices that emphasized a candidate's merit and expertise to candidates that had political leanings consistent with Comey’s support of Democrats.
While Youssef led the FBI’s Communications Analysis unit from 2004 to 2014 he constantly warned FBI higher ups about civil liberties abuses tied to the Bureau’s spying efforts.
He believes that his warnings were not heeded and the Bureau became a political organization and not a law enforcement organization.
Specifically: “When I worked in the bureau, in field offices, and then eventually at FBI Headquarters, where I oversaw the Communications Analysis Unit that there was already a process where you could see that from the highest levels of the FBI, meaning the director’s office and the executive assistant directors, that there is a soft recruitment of people of like mind that didn’t necessarily meet the requirements for the job, but they were recruited because of their leaning, which was, in fact, very politically motivated.”
Other government documents and reports show that the FBi under the Obama and Biden reigns illegally spied on hundreds of Americans who had committed no crimes except to have a different political leaning than Obama, Biden, Coney, and others in the government.
In fact, the Government Accountability Office has officially estimated that the FBI launched roughly 1,200 investigations of politicians, journalists, religious leaders, academics and other potential political adversaries.
More from Youssef: “It tells you that the FBI, unfortunately, during the previous administration has cast a wide dragnet that got so many people who were not involved in any way. And I hate to use that word, but it’s really framing those people for some kind of malfeasance when there really wasn’t in the first place.”
Thus, it appears that government tools and procedures that were designed to thwart terroism were turned inward to attack parents speaking out at school board meetings. Tools and procedures that were designed to fight drug cartels were turned inward to attack Catholics. Tools and procedures that were designed to dismantle organized crime families were used to spy on and harass pro life advocates, Second Amendment advocates, Republicans in politics, conservatives in the media, and a whole host of innocent Americans who simply had a different perspective and different values than Biden, Obama and Coney.
An incredible and Orwellian abuse of government power that endangers our freedoms and our democracy.
3)We have a running theme of posts in this blog which tries to determine which state government and which major city government will go bankrupt first. The leading states to go bankrupt include California, New York, New Jersey, and Illinois. The leading city candidates to go bankrupt include New York City, Chicago, Los Angeles, and San Francisco.
What drives this race to bankruptcy court is usually based on the economic ignorance and obsession to keep raising taxes of the politicians in these cities and states. They constantly raise taxes which drives out taxpaying residents and businesses which reduces the tax base and tax revenue stream which requires the politicians to raise the tax burden even more, never thinking that maybe less government spending and more efficient government operations is the better answer. This higher tax burden drives more taxpaying residents and businesses out of the state and the financial death spiral is in place.
Thus, the following bit of political insanity might fit better in that theme of bankruptcy but let’s discuss it here:
A promising state to win the race to bankruptcy court is the state of California.
They have the highest tax burden in the country and a proposed increase in the tax burden on state billionaires might become reality later this year.
The proposal would levy a one time 5% tax on the WEALTH of billionaires living in the state, not on their INCOME but on their wealth.
These folks would not only have to pay this onerous wealth tax but would also have to continue paying sky high income taxes and other state taxes.
This would be a substantial pot of money these folks would have to pay and as a result, many of them have already left the state in order to avoid this wealth insanity, taking the potential for that wealth tax and the reality of the taxes they already pay with them.
Famous tech billionaires who have already left include but are not limited to, Larry Page, Sergey Brin, Peter Thiel, David Sacks, and Chamath Palihapitiya.
Various sources estimate those that have left the state to avoid even more taxation have taken anywhere from $700 billion to one trillion dollars worth of wealth with them.
Thus, not only will the state government and politicians not be able to put a wealth tax on these folks who have already fled the state, but it will no longer be able to collect income taxes, property taxes, and other taxes from the richest of the richest.
Thus, just the discussion and potential of such tax nonsense has already inflicted significant harm on the state government’s tax revenue stream. In addition, these folks will probably not be spending their wealth in the state on cars, boats, clothes, home improvements, entertainment, etc. So it is not just the tax issues that are troublesome but the economic ripple effects of reduced and disappearing billionaires spending habits will have economic and tax downsides for the entire state economy.
And the real reason for the tax is that the state government can no longer fill its basic needs. This tax was not meant to be a one time boost to build better schools, fix the state’s infrastructure, pay down debt, etc. It is meant to fund current state operations that have grown out of control and beyond the current tax base. It is a one time temporary fix that will do nothing to get California out of the race to bankruptcy court.
Enough political class insanity for today: California continues to race towards bankruptcy by alienating the biggest tax payers in the state, Obama, V=Biden, and Comey made Orwellian government possible, and Biden decided that illegal immigrants were more important than Americans suffering from natural
disasters.
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If you agree that we need to deseat every member of Congress for their lack of success and accomplishment, then please consider going to the following petition link to help the cause:
https://www.change.org/p/deseat-congress-reset-freedom
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