An update of sorts....I reported that AK-47 shooting toward the White House a couple of days ago. Cops finally caught the guy. From what has been said from the guy....he thinks the President is the anti-Christ, and that he (the shooter) is Jesus. Almost every single federal attorney will be sitting there and hoping they aren't the one stuck with prosecuting this case. Some mental exam will be required, and it could be an entire year before this ever comes up in court. Meanwhile.....the other four-hundred and thirty-six folks who think they are Jesus....will be upset and likely conveying to folks that this guy is the fake one....but they are the real one.
The budget guys for Detroit came out and admitted yesterday that the city will run out of cash in December....just a matter of weeks. The mayor is kind of stuck. He could lay off 2k employees, and scratch some services in town, and just try to slide by for twelve months while they reshape their operations. The problem is that the unions will take this to court. Judges will be involved. From the three news sources I read.....the whole town is counting on the state government to save them in some fashion. Frankly....ninety percent of Michigan would probably prefer that Detroit burn to the ground, and will not offer much assistance other than police and fire department funding. I would wish the city some luck, but frankly...it'd help if 100k residents just packed up and left. It's a town that ought to be half the size that it currently is, and ought to have a federal administrator run it for five years.
Finally, the head tax guy for the GE corporation admitted that they finished up the 57k page tax return for the company. They owe ZERO dollars for taxes. How? First, they spent alot on tax credit schemes that Congress arranged. Second, a good bit of this money was earned overseas, and stayed overseas. Third, reinvestment into wind energy and solar energy earned a bunch of credits. Most folks are shocked, and a bit angry over this. Fourteen billion in earnings, and not a penny in taxes. Who made this possible? Your friendly Senator or Congressman.....who has no training in writing tax code, but certainly took what they gave him, and inserted it into some bill. The Occupy crowd ought to comment on this.....and slam congress for writing all these rules. But they don't really grasp the situation.