Category: Sovereigns

Just let us have what’s yours

5 August, 2013 (14:23) | Euro, Germany, Global news, Law, Sovereigns, Speculation |

By:David A. Smith   Many are the things people want – and the more people want the same thing, the more they can talk each other into believing that what we want belongs to us, even if it actually belongs to someone else.    Such is the Eurozone today, where every nation except Germany wants […]

Political theft in broad daylight: Part 2, the getaway car

31 July, 2012 (09:03) | Homeowners, Litigation, Municipal bankruptcy, Sovereigns, States, Subprime, US News |

[Continued from yesterday’s Part 1.]   By:David A. Smith   Unfortunately, not so far   In yesterday’s story of the outrageous – and if there were any justice in the world, totally illegal – confiscation of litigation settlement proceeds won by state attorneys general against banks for benefit of homeowners who face foreclosure, I provided […]

Political theft in broad daylight: Part 1, daylight robbery

30 July, 2012 (13:28) | Homeowners, Litigation, Municipal bankruptcy, Sovereigns, States, Subprime, US News |

By:David A. Smith   Some in elected office   Every now and then, one hits a story whose offhand presentation makes me wonder if the whole world is numb or merely numskulls who cannot see, even when it is thrust into their face, a blatant and disgraceful theft taking place in broad daylight, a theft […]

At last, something new to tax!

14 March, 2011 (17:46) | Appraisals, Housing, Innovations, Municipal finance, New York, Sovereigns, Taxation, US News |

By: David A. Smith    Continuing its search for something new to tax, the State of New York has stumbled upon a strategy that for sheer technical brilliance rivals any of the great schemes of the past: taxing income based not on where it was earned, but on the potential for the taxpayers’ to occupy […]