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RICO Act: Here's Why City and State Governments are HELPING the Riots

 
Anonymous Coward
User ID: 79384916
United States
09/16/2020 09:12 AM
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Re: RICO Act: Here's Why City and State Governments are HELPING the Riots
In some neighborhoods, no recovery will be mandated for decades. Set aside and left fallow, instead, for investors' future generations.

Unbridaled gentrification is anathema to the cheap-labor fetishists.


.
Anonymous Coward
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09/16/2020 11:21 AM
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Re: RICO Act: Here's Why City and State Governments are HELPING the Riots
bump
Anonymous Coward
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09/16/2020 11:22 AM
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Re: RICO Act: Here's Why City and State Governments are HELPING the Riots
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.
 Quoting: TAXES TAXES TAXES !!! 79089358


:9teen: Yeah well if I was you OP I wouldn't be going telling that to the blacks in South-Central L.A. who are still waiting for a rebuild after the Rodney King riots.
 Quoting: Judethz


Link, HeHeeeeb?
Anonymous Coward
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United States
09/16/2020 11:23 AM
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Re: RICO Act: Here's Why City and State Governments are HELPING the Riots
So why is BLM demanding LA county to recind the 300k reward for the shooter of the 2 deputies ?
Thats 300k that can be spent in that community.......
 Quoting: Anonymous Coward 73839315


The reward WILL be spent. On Nikes and TV's. Those are taxed.
Anonymous Coward
User ID: 76569832
United States
09/16/2020 11:24 AM
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Re: RICO Act: Here's Why City and State Governments are HELPING the Riots
Bzzzz wrong you forgot one little thing business insurance pays out in case of Riot damage or arson did you know that it pays out for fucking arson! So yeah these shitty little business owners will just have their own shit trashed, cash in move out and leave the shit damaged. They're not going to fix that stuff theyre just going to cash out and leave town. But hey one thing that will happen is there's going to be a big bailout for all these insurance companies get ready for more quantitative easing yay
 Quoting: Anonymous Coward 72622880




Retard assumes everyone is properly insured. Let alone insured at all.
Anonymous Coward
User ID: 76569832
United States
09/16/2020 11:26 AM
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Re: RICO Act: Here's Why City and State Governments are HELPING the Riots
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.
 Quoting: TAXES TAXES TAXES !!! 79089358


bullshit, they will let the cities rot just like in detroit
 Quoting: mr dull socks


this. why would they fix the cities after this? detroit is a good example.
why would they destroy small businesses if they want to develop housing?
 Quoting: Anonymous Coward 79303811



It is all about taxable money flow.

Even if insurance pays out, there are taxes on windows and doors, etc.
Anonymous Coward
User ID: 76569832
United States
09/16/2020 11:26 AM
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Re: RICO Act: Here's Why City and State Governments are HELPING the Riots
What happens when Trump tells them to go fuck themselves and they don't get federal aid?

Womp womp

violin
 Quoting: Anonymous Coward 48642722


:clintyes:

Let the State go after BLM's billions of donations since it's BLM that orchestrated and caused this mass destruction. Don't give these States a single Federal cent.

"Bail funds alone have received $90 million" (June 14th 2020)
Racial Justice Groups Flooded With Millions in Donations in Wake of Floyd Death
[link to www.nytimes.com (secure)]
 Quoting: ElleMira



Bill Barr is too busy with *other* things.
Anonymous Coward
User ID: 76569832
United States
09/16/2020 11:28 AM
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Re: RICO Act: Here's Why City and State Governments are HELPING the Riots
whateverwhateverwhatever


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.
 Quoting: Anonymous Coward 73112757


this is the beginning of the end of the big cities.
 Quoting: Anonymous Coward 76809044


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.
 Quoting: Vision Thing




That is the plan. ZZERO little/small companies.

All government and conglomos.
MrTwain

User ID: 79385508
United States
09/16/2020 11:40 AM
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Re: RICO Act: Here's Why City and State Governments are HELPING the Riots
Great post!
Everything I've ever posted on GLP, or on the internet in general, is to be taken as role-playing for entertainment purposes. I've never divulged my true beliefs.
Anonymous Coward
User ID: 74967224
Hungary
09/16/2020 12:04 PM
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Re: RICO Act: Here's Why City and State Governments are HELPING the Riots
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.
 Quoting: TAXES TAXES TAXES !!! 79089358


what about developers moving in once pesky profitable street level businesses are pushed out?
 Quoting: Anonymous Coward 79193903



The will spend money generating tax revenue, but they will own all the land and jack it up when your children ever try to touch any.


Might want to wise up to this movie.
https

://v.re

dd.it/vr0tmxwvzs911/DASH_600_K
It can't be mentioned here.
Anonymous Coward
User ID: 78731861
United States
09/16/2020 12:18 PM
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Re: RICO Act: Here's Why City and State Governments are HELPING the Riots
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.
 Quoting: TAXES TAXES TAXES !!! 79089358


what about developers moving in once pesky profitable street level businesses are pushed out?
 Quoting: Anonymous Coward 79193903



The will spend money generating tax revenue, but they will own all the land and jack it up when your children ever try to touch any.


Might want to wise up to this movie.
https

://v.re

dd.it/vr0tmxwvzs911/DASH_600_K
It can't be mentioned here.
 Quoting: Anonymous Coward 74967224




glassesoffhesright
McDonald Trump

User ID: 78998868
United States
10/02/2020 12:12 AM
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Re: RICO Act: Here's Why City and State Governments are HELPING the Riots
Seems like every time a Republican cuts taxes, riots in Democrat cities take place shortly after.
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