It appears the music may have finally stopped for one of the world’s largest luxury real estate bubbles: London. It’s well known that foreign oligarchs love London real estate as a means to launder funds, typically “earned” by soaking their host countries dry via corruption and fraud. This has caused absurd and irrational spikes in high-end residential … Read more
Debbie Wasserman Schultz has not had a great last couple of months. The Florida Congress member and embattled Democratic National Committee Chair has been repeatedly criticized for leading the committee both ineffectively and with a heavy hand, and for an alleged bias toward Hillary Clinton that has made the party’s presidential debates few and far … Read more
The Financial Crimes Enforcement Network (FinCEN) today issued Geographic Targeting Orders (GTO) that will temporarily require certain U.S. title insurance companies to identify the natural persons behind companies used to pay “all cash” for high-end residential real estate in the Borough of Manhattan in New York City, New York, and Miami-Dade County, Florida. FinCEN is … Read more
As much as I dislike all the leading candidates for President of these United States, there’s no one on the Republican side who disgusts me more than Marco Rubio. As concerning and hateful as so much of Trump’s commentary is, we can at least be sure he speaks from his own twisted mind. This is precisely why he appeals to … Read more
As technology generally continues to advance, one thing you can be sure of is the criminal justice system’s use of innovative new “tools” will grow exponentially. This can be a good thing, but it can also be a very dangerous thing. Pennsylvania’s new law that permits the use of data showing whether people are “deemed likely to commit additional … Read more
I haven’t covered the American nanny state in a while, but two articles recently caught my eye and I simply have to share. The first one relates to two parents charged with “reckless endangerment of a child,” for letting their two boys play on a Cape Cod beach for an hour unsupervised. From Reason: Parents who let … Read more
A notam issued Sept. 1 announced that, beginning Sept. 2, both ADS-B surveillance and TCAS may be unreliable in Virginia, North Carolina, South Carolina, Georgia, and Florida, as well as in airspace extending approximately 200 nautical miles off shore. The situation is expected to last through Oct. 1 as a result of military exercises in … Read more
Like pretty much everything in the modern U.S. economy, wealthy and connected people fleecing taxpayers in order to earn even greater piles of money is also the business model when it comes to sports stadiums. Many cities have tried to make voter approval mandatory before these building boondoggles get started, but in almost all cases … Read more
Last week, we learned how the naked body scanners, which the TSA spent $160 million in taxpayer money on, failed to find explosives or weapons in 96% of covert test cases. To make matters worse, government bureaucrats not only want to keep these useless devices in operation, they want passengers to also go through a metal detector after … Read more
At this point, it almost feels like kicking someone while he’s down. Jeb Bush can’t even stand up to Donald Trump, let alone his own growing series of scandals. In the latest revelation from David Sirota and team at International Business Daily, we learn that: For Florida taxpayers, the move by the administration of then-Gov. Jeb … Read more