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04:43 AM
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Subject
RICO Act: Here's Why City and State Governments are HELPING the Riots
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Vision Thing:MV80NDQyODg1XzgyNDAyMjUwX0NDMTJEM0ZE] [quote:Anonymous Coward 76809044:MV80NDQyODg1XzgyNDAwMDA2X0YxOEI5RTY4] [quote:Anonymous Coward 73112757:MV80NDQyODg1XzgyMzk5OTk0X0FDOEI2MkMx] :whatever::whatever::whatever: The burnt out parts of Minneapolis will not be of any value for many years. Many businesses have left many mom and pops did not get fully insured and Many with money are just leaving because the risk is too high. So Minni is shitty and that is tough titty. [/quote] this is the beginning of the end of the big cities. [/quote] I used to live in those neighborhoods in South Minneapolis where the riots were and everything was destroyed. As soon as that even started, when I was watching the live streams, the very first nights, I said, this is never coming back, they will never rebuild this, those businesses will never re-open. How about that recent looting and vandalism on the Nicollet Mall in Downtown Minneapolis? Just thinking about that now brought tears to my eyes. That was MY city. Thank god I left decades ago and never looked back. [/quote]
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Besides the obvious calls for consolidation of power, it's also about tax dollars and federal aid harvesting. Here are a few examples:
1. Let's say a rioter damages a car or business. Money is then spent to repair the car or business. The money spent is taxable.
2. Cities get federal aid (money printed from nothing of course, which steals purchasing power) to rebuild and beautify after an area is damaged. The money is spent and the spent money is taxable.
3. Areas get modernized or gentrified after riot damage. This usually results in more mixed uses. These result in higher valuations and thus higher property taxes.
4. Money gets spent by cities, thus helping the cities maintain justification for bloated budgets and tax increases in the name of peace and safety.
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