OMG, another freaking tax cheat

Is there any wonder why obama and his minions don’t mind raising taxes?  They don’t plan to pay them.

Today’s tax cheater? None other than Gregory Craig.

Operating a business out of one’s home in D.C. requires a home occupation permit and registration with the city’s division of corporations. Additionally, the government has instituted a new requirement for business license permits.

A spokesman at the Washington D.C. Department of Consumer and Regulatory Affairs told Gawker that no one has ever sought any kind of permit or registration for a business under the name of Noyes Graphics or at the Craigs’ home address. By not registering Craig may have avoided local business taxes.

Private investigator Joseph Culligan looked into business records for Noyes Graphics, which is run out of the Craigs’ home, and found Dun & Bradstreet records showing substantial annual sales, a Yellow Pages listing, and an online listing inviting customers to visit the business at her home address (now posted on Webofdeception.com).

And a source within the D.C. government has told Culligan that authorities have begun a full-fledged investigation into Noyes Graphics. (The spokesman would not confirm or deny the existence of an investigation.)  source (gawker)

Shameless bastids!

I spoke too soon

With the announcement of the messiah’s 2010 tax-spend-borrow-spend-some-more budget, I made this observation:

I didn’t think it possible, but it looks like we’ve found something that democrats enjoy more than killing babies.

I stand corrected. Link

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Citi nationalized

from the Times

In its most daring bid yet to stabilize Citigroup, one of the nation’s largest and most troubled financial institutions, the Treasury Department announced on Friday that it would vastly increase its ownership of the struggling company.

After two multibillion-dollar lifelines failed to shore up Citigroup, the government will increase its stake in the company to 36 percent from 8 percent.

As part of the deal, Citi will shake up its board so that it has a majority of independent directors, Richard Parsons, the bank’s chairman, said in a statement.

Under the deal, Citibank said that it would offer to exchange common stock for up to $27.5 billion of its existing preferred securities and trust preferred securities at a conversion price of $3.25 a share, a 32 percent premium over Thursday’s closing price.

Investors are voting with their dollars. Pre-market price is around $1.40.

The great deleveraging continues unabated.

TIME NEVER DIES

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