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#grifters

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This is partly why they want everyone to get covid over and over until they become disabled or die.

And isn’t this packaging of risky assets (after deregulation of course) what caused the last bubble?

He got involved in this back in 2020.

From the link:

“With the REIT model, instead of buying a single condo, you buy a share in a company that owns 100 or 200 condos. This investment vehicle was established by Congress in the 1960s, opening the doors to large-scale real estate investments for smaller investors. It’s a model that has enabled real estate hedge funds to buy up large swaths of thehousing market, driving up demand and prices. Recently, companies have begun applying a REIT-like model to land.”

JD Vance Funded AcreTrader. Here’s Why That Matters. | Civil Eats civileats.com/2024/09/18/jd-va

Civil Eats · JD Vance Funded AcreTrader. Here’s Why That Matters.The real estate platform streamlines investing in US farmland. Now farms are fast becoming a portfolio staple for investors worldwide.

A plea for #TaxReform long overdue, if I’ve ever read one. Rod Campbell writes in The Conversation:

“Scrapping the capital gains tax discount, getting rid of discretionary trusts, placing more limits on the types of assets that can be held in self-managed super funds, and increasing tax rates on people with big super balances would reduce the ability of the wealthy to avoid paying tax.

It is hard to reform tax loopholes because most people don’t understand them and the people who do understand them reap the biggest benefits from them.”

In other words, it’s about time we got the pig’s snouts out of the public trough. These tax #loopholes are a form of #StateTheft and a mechanism for distributing wealth to the wealthiest, thereby increasing #inequity in our society. #Grifters are everywhere you look, some blatantly so, many others look like mum & pop, but these people enjoy profits at the cost of those who struggle to make ends meet.

"A new book by Joe Conason called The Longest Con notes that the modern right-wing movement has its roots in the promise of grifters after World War II to protect America against the communists they insisted were infiltrating the country. Their promises to defend true Americans against an enemy was always about getting cash out of the deal. "
open.substack.com/pub/heatherc
#Trump #MAGA #Grifters #Felon #Bribery #Capitalism #Ohio

Letters from an American · August 16, 2024 By Heather Cox Richardson

"Trump raised $250 million in donations from supporters for an “election defense fund” to pay the legal fees to overturn the results of the 2020 election. But the Trump team never actually set up that fund. Instead, the money went to the Save America political action committee founded and controlled by Trump, and from there the money went to Trump loyalists and pro-Trump organizations."
open.substack.com/pub/heatherc
#Grifters #MAGA #Trump

Letters from an American · June 11, 2024By Heather Cox Richardson