The Market Ticker
Commentary on The Capital Markets- Category [States]

Now this is something I can get behind...

Pennsylvania has a group attempting to ban property tax at the state level.

In other words, they want you to own your house!

I like it.  A lot.

Go here and check it out.

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2014-08-25 05:15 by Karl Denninger
in States , 257 references
 

Time to lock some people up.

Motorists in a New York suburb racked up $2.4 million in fines after they were caught on camera speeding at six school locations, but now those tickets are being forgiven after it was discovered that the cameras were catching motorists on days the schools were not in session.

You can't forgive what wasn't yours in the first place.

If the ticket was not valid (because the school wasn't open) and you dunned someone for it anyway you committed theft by coercion.

In aggregate, $2.4 million, that's GRAND Theft (with a capital "G".)

$2.4 million in a month?  That's no accident.

Everyone involved needs to go to prison -- or the gallows.

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