The US government stole $50 TRILLION taxpayer dollars and used Jeffrey Epstein to launder it.
Treasury Secretary Bob Rubin arranged Jeffrey Epstein's first visit to the Clinton White House in 1993, precisely as massive funds began disappearing from federal agencies.
The fact this one dude - by himself - can walk into any state and find blatant fraud everywhere he goes proves two things: 1) the fraud is rampant at an unprecedented scale and 2) the government agencies who are supposed to protect our tax dollars are either completely incompetent or complicit in the fraud.
In California it’s a misdemeanor to knowing spread HIV or steal under $950, but Newsom wants to make it a felony to check for fraudulent votes. For tyrants, the only real crime is threatening their power.
We stopped the world’s economy for a virus 99.9% of people survive and we printed $7 trillion in unbacked currency while we did it.
This is how it is now. That toothpaste doesn’t go back in the tube. Sorry. Some of us tried to stop it.
There's no freeze on property tax.
There's no freeze on the wages paid to landscapers, plumbers, electricians, drywallers, flooring installers.
There's no freeze on the cost of lumber, copper, baseboard, quarter rounds, flashing, siding, window treatments.
There's no freeze on the wages paid to janitors or porters.
There's no freeze on utilities -- on electric, gas, water, sewer (building-paid utilities in hallways, lobbies, maintenance corridors; most buildings pay water and sewer for tenants).
There are currently 57,421 units sitting vacant in NYC because it's more cost-effective to leave them empty than it is to rent them out.
If you're wondering: "How that could be possible? Wouldn't making anything be better than making nothing?" -- the answer is no, because of the 2019 Housing Stability and Tenant Protection Act.
The HSTPA mandated a certain level of renovation for a vacant unit, but did not allow landlords to raise the rent enough to be able to recoup those costs.
If a long-term tenant moves out after decades, the apartment often requires $50,000 to $100,000 in lead abatement, new wiring, plumbing, and structural renovations.
Because the law heavily restricts how much of that cost can be passed to the next tenant.
The HSPTA eliminated the "vacancy bonus" (which allowed automatic 20% rent increases when a tenant left) and heavily capped Individual Apartment Improvements (IAIs).
This means landlords who want a renovation loan would be rejected by a bank, because the landlord would not be able to show that they could repay that loan.
Landlords who pay out-of-pocket would end up losing money, underperforming even what they could get by putting their money in a U.S. Treasury or gov't bond.
Therefore, it's more cost-effective to just leave the unit vacant.
That's why we have 57,421 vacant units across New York right now.
That number is about to get much worse.
Thomas Sowell on rent control disastrous outcomes:
“New York and San Francisco have very long and severe rent control laws, and when you look at the most expensive cities in terms of rent, it's New York and San Francisco.
What happens? Builders stop building ordinary houses altogether and materials go to luxury housing instead. The poor lose out.”
Classic government intervention backfiring.
#Poverty is the lack of wealth, which must be created. #Prosperity is the state of having created or otherwise acquired wealth. The former must have preceded the latter, both logically and historically. https://t.co/UpOCd9xAOH
Milton Friedman: “Very few of us believe we’re getting our money’s worth for the 40% of our income that’s used to support state, local, and federal governments. Yet that percentage keeps growing.”
64 Arguments Against Democratic Socialism
Timestamps:
0:00 Definitions
2:28 Hyper-individualism
5:44 Universality
9:30 He Who Pays the Piper, Calls the Tune
12:37 Welfare State Turns Humans From Assets to Liabilities
15:18 Against Me
16:25 Trump Test
18:29 Zero Sum Thinking
21:05 Forcible Depravation
22:46 Monopoly Contradiction
25:27 Vilifying Producers
28:03 Competition Protects People
32:03 The Secret to Mass Consumption = Mass Production
34:30 Decreasing Prices in the Private Sector & Potential Competition
39:35 The Myth of the Rational Voter: Fake Power vs. Real Power
50:02 Social Contract Myth
53:29 "Which Happens First?"
58:45 Static Thinking Fallacy
1:03:20 Metrics for Standard of Living & Time Prices
1:07:58 Humans Are Inherently Self Interested
1:12:53 Recognizing Rights as Reciprocal
1:14:49 We Are Not the Government
1:17:29 More Power = Better Outcome Assumption
1:21:19 The Myth of "Free"
1:23:50 Iron Law of Oligarchy
1:26:50 Praxeology
1:37:55 Inequality & Trickle Down Economics
1:44:41 Domestic Imperialism
1:48:56 Regulatory Capture
1:50:48 Abolish the Police
1:53:02 The Empirical Case
1:54:08 "Me Being X Doesn't Affect You"
1:56:01 Material Mindset
1:59:16 Capital Financing Shift
2:00:30 The Value of the Capitalist
2:03:47 Opposition to Voluntary Solutions
2:07:45 Apartheid Entitlement
2:14:36 Democracy and Delegating Rights
2:17:02 The Expert Problem
2:23:45 Capitalist Time Preference
2:31:41 Capitalist Productivity
2:34:15 Self-Ownership
2:38:15 Who Defines What "Service X" is?
2:41:57 Inevitability of Scarcity
2:46:35 The Angel Argument
2:49:04 The Crimes of the 99%
2:51:09 "Poverty Causes Crime"
2:53:04 Intentions Over Results
2:57:41 Free Association = The Ultimate "Check and Balance"
3:00:31 Surplus Value
3:04:39 Firms Reduce Transaction Costs
3:08:21 Collective Action Problem
3:10:09 Empiricism, the High Cost of Experimentation, and the Difficulty in Isolating Variables
3:12:46 Each According to Their Ability? Need?
3:15:51 Disparities Prove Discrimination
3:23:58 Comparing Theory to Reality
3:31:42 Nirvana Fallacy
3:34:41 Which Collective?
3:39:20 Argument From Tolerance
3:39:50 Prices: Signal & Incentive
3:42:58 Catastrophizing
3:46:43 Stock Diversification
3:48:17 Press Conference Bias
3:50:20 Divorce and Discrimination
3:53:38 Discouraging Savings
The Declaration of Independence is the greatest document ever produced by man. It’s no coincidence that it was the founding document of our nation and we went on to be the most prosperous civilization in human history. Any country founded on that document is worth loving and fighting to save.
It is also, undeniably, a radically libertarian document that clearly states the validity of natural God given rights and that the only legitimate role for government is the protection of liberty.
We have serious problems in our country today and we will be much better off if we follow the spirit of our founding document than the brain dead varying socialisms being promoted by both political parties.
Help me out here, Kathy. You’re saying the electric grid can’t handle ACs in the summer, but you also want everyone to replace their gasoline cars with electric vehicles. How does that work?
The national income tax started as a 1% tax affecting less than 1% of all Americans.
That was in 1913.
Just over 100 years later, about 70% of Americans pay national income tax and many people pay 37% tax rate.
Important to remember as politicians talk about a new wealth tax.
NYC had a nuclear power plant 36 miles away called Indian Point.
It supplied carbon-free safe power that would mean no one would need to turn up their thermostats.
But it was closed in 2021 by the degrowth Death Cult. Now NYC relies on fossil fuels for 90% of its power 🫠