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Someonestolemyotheracct
831 posts
Related: SF announces new wealth tax to provide UBI for car thieves who have been unfairly targeted by the @SFPD
KTVU@KTVU
A decline in car break-ins across Oakland is being welcomed as a public safety win, but it is also contributing to a downturn for some local auto glass repair businesses. ktvu.com/news/auto-glas…
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I wish Trump would vow to beautify the Obama Library so Democrats would vandalize it.
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Someonestolemyotheracct retweetledi
Here it is
John Ʌ Konrad V@johnkonrad
When I was a kid, the Bronx was burning. My dad was a fireman who happened to be an Ivy League graduate. He told me it wasn’t the crackheads torching the city, whatever the news said. It was fraud. Let me explain how it worked…. John Doe buys a rundown apartment building for $100k. He pockets the redevelopment tax break, then sells it to Joe Doe for $250k. Joe pockets the tax break, then sells it to Jerry Doe for $500k. Rinse and repeat until the building is worth $5 million. The tax breaks are real. The money is not. Because the buyers are all family, the cash flows out of Swiss bank account 27852 and right back into 27852 after every sale. There’s a transaction cost, sure, but the tax breaks more than cover it. Then comes the payoff: they insure the building for $5 million and burn it down. The name for this was “Jewish Lightning.” The phrase stuck around not because the landlords were all Jewish, but because the stereotype hit a nerve in a city run by Jewish mayors from 1974 to 1989, the peak of the burning. Fair or not, the term stuck. So why was none of this investigated? NGO funding, of course. The NYPD union was powerful, and NYC detectives had sweeping investigative authority over almost everything. Except arson. Arson belonged to FDNY detectives. NGOs, routing money through union donations, stoked the rivalry between cops and firemen. Long story short, arson investigators got no funding and zero cooperation from the NYPD. No money for investigations means no arrests. Eventually the Bronx ran out of buildings to burn, and Giuliani drove the final nail into arson fraud’s coffin. But the lesson survived, and it’s the foundation of today’s fraud. The lesson was this: the actual value of the asset doesn’t matter. 👉What matters is the movement of money. Destruction is still very profitable. When the Baltimore bridge collapsed, the cleanup and rebuild were estimated at $1.7 billion, with the bridge reopening in 2028. The cost has since ballooned to $5.2 billion, and the wreckage still isn’t fully cleared. Money pours into demolition,, engineering, environmental review, project management, waste removal. But if the work doesn’t actually get done, the real expenses stay low. The money moves; the bridge doesn’t. And here’s the leap: you don’t have to destroy anything at all. You just have to not build it. Democrats allocate money to a government body, which hands it to a project manager, who hires consultants, who hire subcontractors, who hire more subcontractors, who funnel it back to Democrats, who allocate more money. The fewer the actual costs (labor, materials, equipment) the more of the flow you can capture. And if a taxpayer complains, you hire a PR firm and a few consultants to explain why costs keep exploding while nothing gets built. The easiest thing to blame is red tape. So why does red tape exist? Because destroying valuable property, while profitable, is too obviously unethical. Burning buildings gets you arrested, eventually. Not building gets you a ribbon-cutting and a press release. Here’s the deeper trap. Because our most valuable assets are fixed (houses, cars, index funds) we think of money as static. You have what you have. It grows over time, but it doesn’t flow. That’s exactly where the fraud lives: in the flow. The light bulb moment was realizing you don’t need to destroy physical property. You only need to destroy productivity. If labor and materials are never purchased while money pours in, the fraud works. You don’t have to build or destroy anything of value, just productivity. You just announce a project and start writing checks while throwing up enough red tape to block any real spending on labor and materials. This is basically why Congress handed @PeteButtigieg $1.2 trillion and our roads and bridges still suck five years later. They put up signs, traffic cones, and red tape, and little else. But there are a few residual problems. 1/2
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@Tim_Walz you’re rewriting the COVID crimes into a story on the reflecting pool?
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Found an imaginary problem, said only they could fix it, didn’t listen to experts, hired buddies who grifted millions, failed miserably, bragged how great it went.
The entire Trump presidency in a nutshell.
CBS News@CBSNews
Paint was seen peeling from the floor of the Lincoln Memorial Reflecting Pool in Washington, D.C. on Thursday, weeks after a $14 million renovation that included a new color President Trump called “American Flag Blue.”
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Someonestolemyotheracct retweetledi
LARA TRUMP: “I wonder if the Obama library will highlight the way that Obama had people spy on Donald Trump as a civilian during the 2016 presidential campaign.”
“Or are they saving that for the Biden library when they talk about the weaponization of the Department of Justice to prevent Donald Trump from becoming president again.”
“I’m just waiting to see what happens!”
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The mindboggling arrogance of this bitter, egomaniacal narcissist to disparage great men who had more honor, wit, and genius than this steaming turd could ever dream of having.
Fox News@FoxNews
“The founders fell terribly short of the Declaration’s promise.” Former President Barack Obama took aim at America’s founders during the opening of his presidential center, arguing they left slavery intact and limited political rights despite laying the groundwork for the nation. The remarks come just days before the United States marks its 250th anniversary, as Obama urged Americans to continue the work of building a “more perfect” union.
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@christopherrufo @uaustinorg Definitely watch the bats come out from under the Congress Street bridge at dusk. Won’t be disappointed.
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I'm taking my two oldest boys (ages 15 and 8) to Austin, what should we do while we're there? Already planning a stop at @uaustinorg, want to know what else would be fun for the boys.
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Michelle Obama: "No one — and I mean no one — has the right to sit in judgment of who's American enough."
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@GregAbbott_TX May God bless and keep you, officer.
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Cecilia and I are deeply saddened by the loss of Texas Highway Patrol Trooper Sergio Romero, who made the ultimate sacrifice while serving his fellow Texans.
Trooper Romero dedicated his life to protecting others with courage, integrity, and selfless devotion. We mourn alongside his wife, Francisca, their two young sons, his fellow Troopers, and all who knew and loved him.
Texas will never forget Trooper Romero’s service and sacrifice.
Effective immediately, I have ordered the Texas and U.S. flags at all @TXDPS facilities to be lowered to half-staff and the flags on the State Capitol building to be lowered on the day of Trooper Romero’s memorial service.
Please join us in praying for his family and the entire DPS community. May God comfort them during this difficult time.
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@FoxNews And yet…still was and is better than anything this Kenyan has ever done.
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“The founders fell terribly short of the Declaration’s promise.”
Former President Barack Obama took aim at America’s founders during the opening of his presidential center, arguing they left slavery intact and limited political rights despite laying the groundwork for the nation.
The remarks come just days before the United States marks its 250th anniversary, as Obama urged Americans to continue the work of building a “more perfect” union.
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@SuburbsGal2 @SMF904 Saw him speak right after 9/11 and it was amazing
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Me when I see George W Bush, a man I voted for twice, chumming it up with the architects of our decline
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@DrunkRepub I never voted for him, but I became supportive when the left was calling him cowboy President and Hitler. When his first election was finally called, told by husband “I feel like we’re under the rule of the Antichrist”. My first gut reaction… shouldn’t have ignored it.
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Behind every great leader is often a quiet source of strength, and for DNI @TulsiGabbard, it's evident that's Abe.
Together, they brought heart, hope, and historic change to @ODNIgov. Though we'll miss seeing them around Liberty Crossing, we're grateful for the example they've set and the kindness they've shared. As Abe faces this battle, we join together in praying for his strength and recovery, and for DNI @TulsiGabbard as she stands by his side.
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Someonestolemyotheracct retweetledi
If and when this passes it will not be limited to billionaires. Once the camel’s nose is under the tent and government is empowered to confiscate property it will do so.
POLITICO@politico
California billionaires tax qualifies for ballot, setting up costly fight dlvr.it/TT5THx
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@Variety Oh no..
so you’re supporting Trump’s tariffs now? 🤣
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Hollywood is at risk of becoming Detroit, advocates warn, unless the U.S. responds to the 81 countries embracing filmmaking as an economic tool.
“I watched the demise of steel and rubber and automotive manufacturing as I grew up,” says IATSE vice president Mike Miller, who was raised in Cleveland. “This is identical in many ways. We have an undeclared trade war that our government is standing by and watching happen.”
Read the full cover story on the mass exodus of LA productions by @GeneMaddaus: wp.me/pc8uak-1lHp4O
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Someonestolemyotheracct retweetledi
🔴 The G7 Becomes 'Gee Whizz' as Trump Redraws the Map x.com/i/broadcasts/1…
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Someonestolemyotheracct retweetledi
Two years ago today, 12-year-old Jocelyn Nungaray’s body was discovered after she was murdered by two violent illegal aliens who were allegedly Tren de Aragua gang members.
Her murderers were apprehended and released by the Biden Administration just weeks before Jocelyn’s life was taken.
On this day, we’re reminded of why we must continue to fight to get heinous criminals out of our nation. May God bless the Nungarays and all of our Angel Families.
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@SenRandPaul Voting is a means to restrict tyranny. Pass the SAVE act.
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A reminder that the Constitution was not written to restrain the citizens' behavior.
It was written to restrain the government's behavior.
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@SenWarren 5 million views and 6,000 likes. I think there’s a message for you in that @SenWarren
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If Elon Musk paid my ultra-millionaire wealth tax, we could pay for child care for all three and four year olds in America.
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