So we can expect lower taxes, now...right?
THE LIBERTARIAN, By Vin Suprynowicz Paul Craig Roberts -- former Treasury Department subaltern during the Reagan administration -- makes a convincing case that America's "Department of Justice" is now engaging in fund-raising tactics little removed from that old standby of Tijuana justice. "Junk Bond King" Michael Milken -- now semi-retired to Northern Nevada -- "has been thrice held for ransom" in unjustified prosecutions, Roberts argues in a March 31 column in Investor's Business Daily. "Milken forked over $600 million to buy his way out of a 98-count indictment that University of Chicago law professor Daniel Fischal has shown to be as phony as a $3 bill. "Milken was next seized by the Resolution Trust Corp. and the Federal Deposit Insurance Corp. To buy his way out of endless litigation" -- funded by the taxpayers, of course -- "Milken handed over $900 million." Casting covetous eyes on the $42 million consulting fee Milken had been paid by News Corp.'s Rupert Murdoch and MCI's Bert Roberts, the regulators demanded Milken fork it over -- plus a $5 million bonus -- before they would give him a clean bill of health with his parole judge. Once the government had his money in hand, the Justice Department wrote to the judge, indicating it had found no reason to pursue Milken for parole violations -- that Justice had decided he was innocent of any wrongdoing (start ital)before(end ital) he handed over his latest ransom. Milken was held up and robbed by the SEC in broad daylight for no other reason than the power the SEC has to extract ransoms from chosen victims." Furthermore, Robert concludes, "...What we have witnessed is a conspiracy between the SEC and the Justice Department to rob a man of $47 million." All this would be bad enough if we could believe Mr. Milken alone had been singled out for such attentions. But in a passing reference in its March 9 coverage of the federal "antitrust" case against Bill Gates' Microsoft, Newsweek mentions the same antitrust team has "painful memories of the endless 1970s and '80s IBM breakup case, which turned into an O.J.-like courtroom comedy until it was rendered moot by a market-spawned challenger to IBM ... Microsoft." How's that again? The "crimes" in question became "moot" once the chosen victim lost his preeminence in the market, and thus his attractiveness for milking? So a necessary part of the definition of this "crime" is success, while all one must do to escape official "justice" is to lose market share? Curiouser and curiouser. Vin Suprynowicz is the assistant editorial page editor of the Las Vegas Review-Journal. Readers may contact him via e-mail at vin@lvrj.com. The web site for the Suprynowicz column is at http://www.nguworld.com/vindex/. The column is syndicated in the United States and Canada via Mountain Media Syndications, P.O. Box 4422, Las Vegas Nev. 89127. ~~~~ Toto <toto@sk.sympatico.ca> ~~~~ "The Xenix Chainsaw Massacre" http://bureau42.base.org/public/xenix "WebWorld & the Mythical Circle of Eunuchs" http://bureau42.base.org/public/webworld "InfoWar -- The Digital Revolution" http://bureau42.base.org/public/infowar3 "Space Aliens Hide My Drugs" http://bureau42.base.org/public/sahmd
In <00ec01bd6158$78aa87a0$0963a58e@uymfdlvk>, on 04/06/98 at 06:32 AM, "Toto" <toto@sk.sympatico.ca> said:
Milken was held up and robbed by the SEC in broad daylight for no other reason than the power the SEC has to extract ransoms from chosen victims."
Furthermore, Robert concludes, "...What we have witnessed is a conspiracy between the SEC and the Justice Department to rob a man of $47 million."
The fact that government "officials" would use their power to extort money should not come as a shock to anyone (absolute power corrupts absolutely). Why they were allowed to get away with it is the interesting part. There is an underlying hatred of success in this country. The vast majority of Americans loath anyone who has done better for themselves than they have (better know as the sin of envy). This was not always the case. At one time Americans had hopes and dreams of success. They always believed that no matter how poor or uneducated they were their children could find themselves on top ("Yes Johnny, someday *you* can be President"). They understood that it was the equality of opportunity that made this country great. That if a man, through hard work and a little luck, could take his destiny into his own hands and become anything he wanted. This is no longer true. Through decades of socialist control of the education and entertainment industries Americans have lost the dream. They no longer believe that their destinies are in their own hands. Rather than looking to themselves for the solutions to their problems they look to government. Rather than blameing their own sloth and ignorance for their lot in life they blame those who are still willing to strive and succeed. Such attitudes are most prevalent among those who need to strive the hardest. They blame the "establishment", and "angry white men", for their plight, never once acknowledging their own complacency. When uneducated immigrants come to this country, unable even to speak the language, and through hard work and perseverance are able to succeed how can any legitimacy be given to the claims of the socialist? Proof is all around that America is still a land of opportunity. All one has to do is look to people like Bill Gates, who without benefit of education or wealth, made himself one of the richest men in the world. Millions of people immigrate to America as they know what opportunities are here for them. They are not immigrating to Europe, or Russia, or China, or Cuba because they can see what socialism has made of these places. Unless Americans wakeup and take notice of the bankruptcy of the victim mentality of socialism their lot in life will never improve. -- --------------------------------------------------------------- William H. Geiger III http://users.invweb.net/~whgiii Geiger Consulting Cooking With Warp 4.0 Author of E-Secure - PGP Front End for MR/2 Ice PGP & MR/2 the only way for secure e-mail. OS/2 PGP 2.6.3a at: http://users.invweb.net/~whgiii/esecure.html ---------------------------------------------------------------
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William H. Geiger III