Showing posts with label new jersey. Show all posts
Showing posts with label new jersey. Show all posts

Wednesday, August 5, 2026

The Race To Bankruptcy Court: A Local View Of Why Seattle Is A Strong Contender To Win The Race

Let’s take a brief break from our run of posts regarding the massive corruption and fraud in government programs along with our political class insanity thread and return to one of the hottest topics we have been covering over the past few years, coverage that has intensified recently: which major city or state government will get to bankruptcy court first?

Our primary cities in the race to bankruptcy include New York City, Chicago, Los Angeles, San Francisco, and newcomer, Seattle. The state governments that we think are soon heading into bankruptcy include New York, New Jersey, Illinois, and California with Washington state a newcomer to the race.

The reason for returning to this topic in the midst of our corruption series is because there have been some significant developments in the race to bankruptcy court. However, before reviewing the latest news and seeing which state or city is making the best progress towards government bankruptcy, let’s review how these cities and states got themselves into this financial death spiral position to begin with:

  • A government entity keeps expanding its budget, eventually putting pressure on the tax revenue stream it receives. 
  • At some point, rather than cut government spending or make its programs more efficient financially, the politicians in charge raise taxes to meet the ever growing government expenditures.
  • The raising of taxes causes some residents and businesses to leave the city or state for less tax burdensome areas, reducing the tax base and reducing the revenue stream.
  • Rather than cut expenses and become more efficient to match the reduced tax revenue stream, politicians in the above cities or states raise the tax burden even more.
  • This causes more residents and businesses to flee the city or state, further reducing the tax base and tax revenue stream.
  • At some point politicians panic and raise taxes more and start cutting vital government services (e.g. police, fire, education) in order to try and balance government spending against the shrinking tax base and revenue stream.
  • The reduction in quality of government services in particular and quality of life in general drives more residents and businesses out of the area.
  • Eventually, the expenses, costs and financial liabilities outstrip the reduced tax stream and bankruptcy occurs.
Okay that’s the process. Rather than do a general review of the  different  states and  cities entering or already in  their financial death  spiral as we usually do, today we will  do something a little different.

We have permission  from the Future 42 folks to copy and republish a recent piece they did regarding the troubles going on in Seattle.  As readers of  this blog know, Seattle was not in our original list of cities likely to go bankrupt pretty soon.  However,  long term trends and the mistakes being  made by the current  mayor, Katie Wilson,  have  propelled Seattle into the middle of the bankruptcy race.

Since the Future 42 folks are local to the Seattle area, they have a much  better picture and vibe on what the troubles are in the  city and  thus, our request to publish their views here. The article we are republishing here can be accessed directly at their website at the following link:

https://future42.org/is-mayor-wilson-actually-capable-of-leading-seattle/

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Is Mayor Wilson actually capable of leading Seattle?'
A Future 42 Special Article

The long-beloved Bite of Seattle festival beneath the Space Needle became the scene of a deadly shootout Sunday evening, leaving three people dead and four others wounded, including a 2-year-old boy.

Seattle police believe multiple people exchanged gunfire outside the Seattle Center Armory during the event. A 15-year-old was quickly taken into custody, but investigators continued searching for another person believed to have opened fire before fleeing the scene.

At a moment like that, Seattle residents needed clear and immediate information.

They needed to know what happened. They needed to know whether another shooter was loose. They needed to know what city officials were doing to protect the public and how witnesses could help police find the person responsible.

Instead, they waited nearly five hours for a public briefing.

As Change Washington detailed earlier this week, Seattle Mayor Katie Wilson initially released a statement claiming that two people were in custody. She updated it without an announcement, after media had already begun disseminating the inaccurate information.

When city leaders finally appeared before reporters around 11 p.m., Seattle Police Assistant Chief Tyrone Davis confirmed that only one suspected shooter had been detained and another person had fled the scene.

For nearly five hours, families who had scattered from Seattle Center did not know that someone believed to have opened fire in the middle of a crowded public gathering had escaped.

That delay also cost investigators critical time. Witnesses had fled in every direction. Many had recorded videos, seen the shooters or observed what happened immediately before the gunfire began. Yet the public request for information did not come until hours later, when memories were fading, and potential witnesses had already returned home.

Police regularly provide preliminary briefings during major emergencies for exactly this reason. Officials do not need every detail before telling the public what is known, what remains unknown and how people can help.

Seattle’s leaders chose not to do that.

The initial explanation was that officials were waiting for “dignitaries” to arrive before beginning the press conference. But newly released records obtained by The Center Square appear to undermine that excuse.

According to The Center Square, text messages between Wilson and Gov. Bob Ferguson show the governor was nearby but was not told to come to the Seattle Center until after 10 p.m. Ferguson’s office also stated that the governor did not ask Wilson to postpone the briefing. Crucially, the phone records were NOT released. It’s imperative to know what other conversations may or may not have occurred between leaders that weren’t in writing. Citizens should demand full transparency from the “dignitaries” who upheld getting crucial information out.

Wilson has denied delaying the press conference to accommodate political officials. Yet a Seattle Police Department source told FOX 13 that police leadership was prepared to brief the public hours earlier and was asked by the mayor’s office to wait.

Someone made the decision to keep police from speaking.

Katie Wilson is the mayor. Responsibility ultimately rests with her.

Seattle Police Chief Shon Barnes has now been fired, according to multiple reports. Barnes was attending the National Organization of Black Law Enforcement Executives in Dallas when the shooting occurred and had faced mounting questions about how frequently he traveled outside Seattle while his family reportedly continued to live in Chicago. He then abruptly canceled a scheduled Wednesday interview about his travel and the department’s response.

Wilson was right to hold Barnes accountable. But firing the police chief does not absolve the mayor or explain why Seattle residents were kept in the dark for nearly five hours.

Law-enforcement leaders who were in Seattle were reportedly prepared to brief the public much earlier in the evening. They were not allowed to do so. Barnes may bear responsibility for being absent during a deadly crisis, but he was not the person who reportedly prevented the officers on the scene from communicating with the public.

That decision leads directly back to the mayor’s office.

Wilson cannot fire her police chief and expect Seattle residents to conclude that the city’s leadership failure has been resolved. Barnes was responsible for the police department, but Katie Wilson is responsible for the city government—including the people who reportedly instructed police to remain silent while a suspected shooter was still at large.

Most importantly, can residents of Seattle have faith in Mayor Wilson to choose a reliable, competent, and focused successor (preferably one who will reside in the city full time)?

Before becoming mayor, Katie Wilson had never run anything remotely comparable to the City of Seattle.

Her primary management experience was leading the Transit Riders Union, a small but politically effective advocacy organization with approximately $198,000 in annual revenue and only a handful of employees. She had never held public office, managed a government department, overseen a major institution or been responsible for emergency operations.

Seattle voters elevated her directly from community organizing to responsibility for a city government with approximately $8.9 billion in annual appropriations and thousands of employees.

Running an advocacy campaign is not the same as running a city.

Advocates pressure other people to make decisions. Mayors must make those decisions themselves. They must manage professional staff, coordinate departments, balance competing priorities and provide command during emergencies.

The warning signs appeared almost immediately:

* Her first major drug-policy action created immediate controversy.
* Her State of the City revealed an administration still developing basic plans.
* She acknowledged the homelessness strategy was failing but continued much of it.
* She avoided questions at the rollout of her own signature policy.
* She offered no convincing police-staffing or crime-reduction agenda.
* She sought to expand tiny-house villages without resolving serious questions about conditions inside them.
* She cleaned up encampments in tourist areas ahead of the World Cup while allowing residents in other neighborhoods to continue living with the same disorder.

Any one of these failures might be dismissed as the mistake of a new administration.

Taken together, they reveal something much more serious.

Katie Wilson entered office without the executive experience necessary to manage a city facing severe public-safety, homelessness, addiction and financial challenges. Since taking office, she has shown little evidence that she is growing into the responsibility.

The handling of the Bite of Seattle tragedy suggests things are getting worse when they desperately need to get better.

Three people were killed in one of Seattle’s most prominent public spaces. Another suspected shooter escaped. Police were reportedly prepared to speak, yet the public briefing was delayed for hours. The mayor’s office issued incorrect information, offered shifting explanations and failed to quickly enlist the public’s help.

This was not a disagreement over ideology. It was a fundamental failure of executive leadership during an emergency.

Wilson asked Seattle residents to judge her administration “first and foremost” on homelessness and public safety.

They should take her at her word.

On homelessness, Wilson has acknowledged failure without demonstrating a meaningful change in direction. On public safety, she has failed to present a convincing strategy and then presided over a communications breakdown that withheld critical information while a suspected shooter remained at large.

Her lack of judgment and command is more than merely embarrassing. It is putting the safety of Seattle residents and anyone visiting the city at risk.

The question is not whether Katie Wilson needs more time to grow into the job. Seattle cannot serve as an internship for an unprepared mayor.

Wilson has demonstrated that she lacks the experience, preparation and decision-making ability the office requires. The deadly confusion after the Bite of Seattle shooting should be the final warning.

Seattle needs a mayor who is ready to lead now, not one who is still learning how.

Maybe it’s time for Seattle to say, “like…bye” to Katie Wilson as Mayor.

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For a city in financially bad shape, having almost a half a billion  dollars budget shortfall in the next three years,  and being led by a woman  who has no substantial  administrative, executive or political  smarts and experience  as outlined by Future 42, with businesses and residents fleeing the city and taking their tax dollars with them,  Seattle is  now firmly in place to be the next American  city to win the race  to bankruptcy  court.

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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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Our book, "Love My Country, Loathe My Government - Fifty First Steps To Restoring Our Freedom And Destroying The American Political Class" is now available at:


Sunday, August 2, 2026

August, 2026, Part 1, Political Class Insanity: New Jersey's Tax Base Take Another Hit, Biden and Becerra Lost over 100,000 Kids, and Defrauding Medicare For $700,000 A Day

  We have spent a lot of our recent posts about which state or city will go bankrupt first and the massive fraud that has been going on relative to government programs. But that does not mean that the political class has been up to its traditional incompetence, insanity,  and screw ups. So, let’s catch up with  the shenanigans that continue to plague the country:


1)New Jersey is one of the states we have, from the beginning, thought had a good chance of being the first state government  to go bankrupt. High taxes, out-migration of businesses and  residents, high housing  costs, excessive debt  and unfunded  financial liabilities, etc. mimic the factors that other state candidates to go bankrupt are also suffering from.


We believe that New Jersey is not the front runner right now  to go  bankrupt first. California and Illinois are probably in the lead  for that race. But New Jersey is still  in the race as businesses flee the  state,  taking pieces of the tax base  and economic  impact with them:


  • Exxon ended  its 144 year incorporation relationship in New Jersey by moving to  Texas.

  • Samsung is moving its headquarters out of New Jersey and moving to Texas  and  taking 1,000  employees with them.

  • In early 2026, the Anheuser-Busch brewery in Newark, New Jersey shut down, ending  almost 75 years of brewing beer in the  state.

  • And now we  find out that Mars  Wrigley is  shutting  down  its Newark, New Jersey headquarters and eliminating over 300 New Jersey jobs.

  • The move out  of state is happening just six years after  the location was established in  New Jersey.


Now the irony is  these  employees are moving  to  the Chicago Mars operation, a prime city to go bankrupt in the very near future. However, the  city of Chicago, already in a financial death  spiral, was so desperate for the  relocation  out of New Jersey that  the  city gave an  immense tax credit package worth up to  $428 million  over the next 15 years.


Given  that Chicago  city actuaries predict that the city government will go bankrupt in 5-7 years I hope  that the company gets that city money upfront  because  the money is unlikely  to be there in  a few years.


2)Biden’s  immigration  policies were a disaster. Millions  of unvetted, unvaccinated, and criminal folks from around the world entered the country without so much as a checkpoint. The crime and violence that many of these illegal  immigrants  imposed on American citizens has been  well documented in this blog.


But perhaps the  most distressing  aspect of the  failed Biden immigration  policies  is that he  lost track of possibly over 300,000 immigrant kids. While many  of these  kids likely landed safely with relatives or friends, it  is pretty clear that many of them probably ended up dead, being sex trafficked, or working in  sweat shops. 


And the  situation recently surfaced again:


  • Xavier Becerra was  Biden’s  Department  of Health  and  Human Services Secretary.

  • As a result, he was knee  deep in the  illegal  immigrant  crisis.

  • He is now a  candidate to become the next governor of California.

  • But new whistleblower  accusations say that  Biden and Becerra were in charge when kids as young as six were allowed  to fall into  child labor  and sex trafficking  efforts.

  • A former  executive under Becerra  claims that  at least 130,000  illegal immigrant kids are still unaccounted  for.

  • That whistleblower warned  California voters  about the  danger  of  electing  him to  be governor: “When he was in charge of kids before, he didn’t do a very good job of it.” 

  • An  immigration  caseworker  claims that illegal immigrant kids  were released to people with minimal vetting, siblings were separated,  and others simply disappeared from any government  tracking processes.

  • All of this happened under Becerra’s watch.

  • Trump’s Department of  Homeland  Security  estimates that Biden and Becerra  lost track of 146,000 kids.

  • According to the executive whistleblower: “It was about getting kids out of government custody as fast as possible, and that’s where the horrors occurred because there was very little vetting of sponsors. That’s when they become missing.”


Disgusting neglect of kids. And he wants to be the next governor  of the biggest state in the union, another  indictment of our political processes where incompetence continues to be rewarded.


Note: his  campaign  obviously disputed  the claims and the missing  kids. However,  when it comes to believing hardworking  whistleblowers who risk their  reputations and  livelihoods vs believing any politician, I will always believe the whistleblowers.


3)We have been doing a regularly  occurring set of posts regarding the massive defrauding of  government programs that have recently been uncovered. The latest dedicated post on that subject can be  accessed at:


https://loathemygovernment.blogspot.com/2026/07/government-taxpayer-fraud-and_0199329750.html


The following discussion  is similar to other schemes that continue to defraud the American  taxpayer that fits in  nicely with our posts dedicated to fraud:


  • Khalid Ahmed  Satary was recently arrested in the  Middle East after three years on  the run from  justice  in this country.

  • The Federal  government has been looking for him  in  connection with allegedly operating a massive Medicare fraud scheme.

  • Federal  prosecutors allege  that Satary operated a  bogus  cancer genetic  testing program which recruited Medicare  beneficiaries  for pricey but unnecessary genetic tests and then  billed Medicare for up to $20,000 per test.

  •  Between 2016 and 2019 he allegedly billed  Medicare for a  whopping $547 MILLION.

  • It has been billed as the largest health  care fraud  ever, over half a BILLION dollars billed in three short years.

  • And he  did not work alone, he had  a  whole network involved in the fraudulent billing including doctors.

  • He was indicted in 2019 and  the Feds seized  16 bank accounts  along with  real estate holdings.

  • Unbelievably he was released  on bail at which point he continued to defraud the government and eventually fled the  country.

  • “The arrest of Khalid Ahmed Satary and return to the U.S. is the third Most Wanted Fraudster capture from this FBI and our partners in just 5 weeks – continuing the historic run of success for this new initiative,” FBI Director Kash Patel said.


What is more amazing than his  alleged stealing of over half  a billion dollars is  how he got away with  this for three years. Do some simple math:


  • He stole at least $547 million.

  • This occurred over three years.

  • Let’s assume he worked at this for five days a week,  taking  the weekends off.

  • 52 weeks by five days a week  by three years comes out to billing/defrauding the American taxpayer via Medicare about $700,000 A DAY on  average.


Which  raises a very distressing question: how could this happen over such a long period of time and no warning  flags or audits  pop up  in the government computers paying  out  this money? $700,000 a day for three years is  obviously a ridiculous  situation  and  it went on unabated and unnoticed for a long  time. Disgusting government disrespect for the American taxpayer.


Enough insanity for today: New Jersey’s business tax base takes another hit, Biden  and his minions  lost well over a hundred  thousands kids during his immigration  disaster, and apparently it is  quite easy to  defraud the  Medicare system and the American  taxpayer for about $700,000 a day.


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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



**********************


Our book, "Love My Country, Loathe My Government - Fifty First Steps To Restoring Our Freedom And Destroying The American Political Class" is now available at: