Tag Archives: taxpayer abuse

Postal Workers Caught in Tax Refund Fraud

A ring of criminals operating out of the Dominican Republic have been running a massive income tax refund scam in which billions of false income tax filings have cost the taxpayers billions of dollars in losses. In an article in The Wall Street Journal we see the following information:

Between October 2010 and June 2011, the IRS received phony tax returns based on stolen Puerto Rican identities that would have led to the disbursement of $5.6 billion to alleged fraudsters, two of these people said. It is unclear how much money the IRS ultimately sent but one person familiar with the matter said an estimated $2 billion in checks was distributed.

Bronx mail carrier Robert Anthony Warren and at least two other USPS employees have been convicted and are doing prison time for their part in the scam. Back in September five men were also convicted of participating in the same scam and sentenced to between 40 and 98 months in prison, while also being ordered to pay a whopping $12 million in restitution. Good luck recovering any of that cash there. With all of these arrests and convictions, has the oh-so-competent federal government shut down this scam for good? Not quite, as can be seen in a statement from the Manhattan U.S. Attorney Preet Bharara, whose office was among the first to investigate the group: (emphasis added)

“What we have uncovered may very well be the tip of the iceberg,” said Manhattan U.S. Attorney Preet Bharara, whose office was among the first to investigate the group. “It’s a massive fraud.”

With a federal government that is running up trillion dollar deficits faster than the Roadrunner rocketing past the outgunned Wiley E. Coyote in cartoon-land,  as the federal bureaucracy grows bigger by the minute….so increases these numbers of incidents that highlight their incompetence and dysfunctionality. In the meantime, Senate progressives are currently working tirelessly (yes.. sarcasm intended) to rig up a massive $42 billion-dollar-bailout of the USPS UNION pension fund under the guise of…. reform.  From the thieves that are scamming the taxpayers from the Dominican Republic through fraudulent tax refund checks, to today’s Senate Socialists giving their Democrat-supporting labor [USPS] Unions $42 billion tax dollars, America is being robbed blind on a daily basis, in more ways than one. Americans should keep this in mind as they head to the voting booth in November.

Look Who’s Jet-Setting on the Taxpayer Dime This Week

While many Americans are cutting back on household budgets to put $4.00 a gallon gasoline in their vehicles to get back and forth to work, a couple of Obama-appointed government employees have been caught jet-setting to Paris and Tokyo recently. Just like Obama claiming that his current taxpayer-funded reelection campaign blitz and fundraisers are “policy speeches,” when the news about these lavish jet-setters taxpayer-funded trips to Tokyo and Paris reaches the American public, they can expect numerous phony excuses as to why they are supposedly on “official business.”  Rob Bluey, of Hot Air.com outed these two taxpayer-abusing, elitist jet-setters as follows:

While many Americans were filling up their tanks with $4 gasoline this week, Energy Secretary Steven Chu was enjoying Major League Baseball’s opening game on a taxpayer-funded trip to Tokyo. Taxpayers were also footing the bill for Environmental Protection Agency Administrator Lisa Jackson to spend a few days in Paris.

Chu was outed by The Washington Gaurdian’s John Soloman when he discovered a picture sent by Energy Secretary Steven Chu’s official taxpayer-funded twitter account of a baseball game in Tokyo Japan. Meanwhile, Lisa Jackson, she of this EPA-fame, was in Paris France, to “meet with environmental leaders from more than 40 nations to discuss the Agency’s international efforts on urban sustainability.”  Global government, when coupled with so-called urban sustainability and climate change fear-mongering propaganda, are basic anti-capitalistic stealth forms of Socialism, which is dependent on the Marxist principles of wealth redistribution through the overthrowing of established governments to enact social justice fraud.

Lisa Jackson, the lifelong global warming political activist fits right in with the urban sustainability pimps of Europe, which by the way, is in the middle of the worst economic crisis in modern history. All of these anti-capitalist mandates coming out of these types of U/N European Socialistic programs are dependent on one thing for survival: The blatant theft of American wealth to be “redistributed” to the less productive societies of the world through dishonest fear-mongering from globalists and environmental terrorists posing as green-earth saviors. Thus the Obama administration uses taxpayer dollars to fund Jackson’s lavish Paris gig… to further undermine American sovereignty and take away her freedom that has made American freedom the envy of the world for centuries.

Do Americans really want four more years of watching Obama-appointees fly around the world to promote the injection of these types of freedom-robbing European Socialism here in America?  When Americans go to the polls in November they have a simple choice: Either vote for American freedom and prosperity through voting for proven conservative politicians, or vote for Obama and the Democrat’s poverty-inducing European Socialism-style insolvency.  The choice is that simple.

 

 

Solyndra-Style DOE Loan Report Released

The Obama administration was caught red-handed giving a half-billion, taxpayer-funded green energy loan to a [now bankrupt] green energy company in what is now known as the Solyndra  pay-for-play scandal. While the media downplayed the event, thanks to citizen reporting and social media programs on the Internet, most concerned citizens are now aware of how the Obama administration and the DOE have been using Solyndra-style green energy loans to fill Democrat’s campaign coffers at taxpayer expense.

To add insult to injury, Solyndra employees were caught by a news crew effectively throwing away more taxpayer dollars, as can be seen here. As the public outcry about this taxpayer abuse became louder, Congress started holding hearings about just what went down at Solyndra. So what’s the White House to do under such scrutiny? They hire the former treasury official, Mr. Herb Allison, the former Treasury official who oversaw the TARP [fraud] program to spin up a “report” to try to paint the Solyndra scandal in a good light. This is nothing more than propaganda 101 folks, designed to sweep the Solyndra scandal under the rug. Nothing to see here folks, just move along.

The recently released, ” W/H ‘Independent’ Report on DOE Loans” can be read in it’s entirety here.  While the White House relies on the keywords “independent” and “outsider” in an attempt to make it appear as if this report was done by someone with no DC connections, as noted above it was, in fact, done by the former TARP overseer Mr. Allison. That would be the very same TARP program in which there was very little transparency in spending almost a trillion dollars of the people’s money, which has left most people wondering just where all that money went today.  In a quick response to the release of this report, Rep. James Sensenbrenner Jr. (R-Wis.) stated, “This is less a report than an umbrella to deflect the criticism that’s pouring down on the Administration,” In other words, file this report under the Obama-propaganda 101 category.

The Hill came out with an article on the DOE Energy Loan report that has some interesting factoids about this report: (emphasis added)

An outside review of the Energy Department’s embattled green energy loan program calls for several steps to improve oversight but also provides lower estimates of taxpayer risk than an earlier federal forecast.

The “reduced risk” to taxpayers odds of losing their hard-earned dollars, according to this report, has now went down from an estimated $5 billion dollars to a new and revised number of $3 billion tax dollars being put at rick of loss. Color the taxpayers happy and break out the champagne! Does that “reduced figure” of $3 billion lost taxpayer dollars contain the previously lost billions in several bankrupt green energy scams , including  Solyndra? No it doesn’t, and the Obama administration wants the citizenry to forget the lost/stolen/wasted, half a billion tax dollars for the Solyndra pay-for-play scandal, just like they are stonewalling Congressional investigations, lying and trying to cover up the Fast and Furious gunrunning scandal that got Brian Terry and thousands of other folks murdered by assault weapons sold by our very own government!

What is also a semi-hidden mind-massage that is being sent to Congress by this report, is that big government needs to get bigger.  Again this is in reference to The Hill article that states: “The report calls on the department to name a “Chief Risk Officer” who would head up a “Risk Management unit” charged with monitoring the loans.” A New Chief officer is now needed to head up a new risk management unit, all on the taxpayer dime because the current incompetents could not properly do their jobs in protecting the people from the taxpayer abuse described above.  Here is a serious hat tip: If the DOE is so incompetent that it can not properly protect the taxpayer from fraud and abuse, while doling out hundreds of billions of tax dollars, then abolish the whole frigging department immediately!

In summary, the recently-released so-called “W/H independent, outsider report is a bunch of bunk put out to allow the current administration to continue using the DOE green energy loan program as a reelect Barack Obama campaign and democrats slush fund, period. Let’s hope Congress is listening to this and takes action to stop any further green energy funding fraud that is designed to reelect Barack Obama and company. That must include no tax dollars to fund the new DOE loans Chief Risk Officer and his bureaucratic big government unit that this propaganda piece posing as an “independent report” is plotting towards starting.

 

 

 

Media Ignores Massive TARP Fraud and Theft

For Americans who still choose to get their news from the mainstream media corporations at ABC, NBC, and CBS, the news that 77% of the TARP bailout money has been repaid to the taxpayer seems like a marvelous revelation. Considering that that is about all the public has been told concerning the TARP taxpayer cash giveaway sweepstakes, the following information will come as quite a shocker. From the Special Inspector General for TARP (SIGTARP) report, we see just how the media is failing this country today: Keep in mind that this is the Quarterly Report to Congress dated Jan. 26, 2012. You may access the complete report at sigtarp.gov

According to the Jan 2012 SIGTARP report:

U.S. Taxpayers are stilled owed approximately $133 billion dollars.

As of the end of 2011, the Treasury has written off $4.2 billion and realized  losses of $7.8 billion, of which the U.S. taxpayer will never see a penny of repayment, with more losses expected in the future.

While the TARP bailouts  were enacted in 2008, TARP bailouts will in fact, continue through the year 2017. Treasury has been authorized to spend another  $51 billion tax dollars on TARP supported housing programs and “certain securities markets.”

As of Jan. 2012, there were “criminal convictions of 31 defendants, of whom 22 have been sentenced to prison, a reported total ofcriminal actions against 61 individuals, including 45 senior officers (CEOs, owners, founders, or senior executives) of their organizations,and another 18 civil cases naming…corporate or other legal entities as defendants.

Look who still owes the taxpayer a whopping $75 billion dollars according to the latest SIGTARP report: AIG still owes $50 billion while GM still owes $25 billion dollars. Ally Financial also still owes the U.S taxpayers another $12 billion dollars.

The U.S. Treasury also handed out TARP “loans” and then took stock as a form of payment. The G.M. stock held by the Treasury ( thus the taxpayers) was currently trading at $24.72 on Thursday of last week. The break even price needed to recover the taxpayers cost of that part of the G.M. Bailout? $53.98 a share, or more than double it’s current value! 

The bottom line: The taxpayers have lost tens of billions of TARP dollars already through fraud and other criminal methods of theft, and there is a lot more to come. Check out the above-linked SIGTARP report. While the media refuses to report on this massive taxpayer fraud, there are some names of those already convicted right in that report. AIG and the “Largest Automaker in the world” G.M. as Obama and company like to brag about still owes the taxpayer $25 billion dollars, and AIG owes them double that! One last fact: TARP was passed in 2008, when Nancy Pelosi was running the U.S. House of Representatives and Harry Reid was running the U.S. Senate. Yes they are both Liberal Democrats.

Other fast facts about TARP from the NY Times:

The final tally in the House was 263 to 171, with 91 Republicans joining 172 Democrats in favor. That was a wider bipartisan majority than vote-counters in both parties had expected,  completing a remarkable turnabout from Monday, when the House defeated an earlier version of the bill by 228 to 205.

In the end, 33 [ Senate] Democrats and 24 Republicans who had voted no on Monday switched sides on Friday to support the plan. Both Mr. Obama and his Republican rival, Senator John McCain, voted for the measure when the Senate approved it on Wednesday, and both hailed Friday’s outcome.

The financial markets, however, were not enthusiastic. Already weighed down by another round of bleak economic data, including a report showing that 159,000 jobs were lost in September. (emphasis added)  [While current President Barack Obama constantly states that the U.S was bleeding 700,000 jobs a month when he took office, in late 2008 it was in fact, 159,000 jobs lost for the entire month of September, 2008, just before he took office. Just last week, according to CNN Money,  we lost another 377,000 jobs!]

 

 

 

Lazy, Good for Nothing Obama-Cronies Caught Red-Handed Burning the Taxpayers

Barack Obama and company pumped a half a billion taxpayer dollars into the failed Solar Panel company, Solyndra. Big-time Obama donors were put on the “we get paid first” list while the taxpayers were basically told to eat dirt.($500 million dollars worth of it) With Solyndra pleading bankruptcy, the remaining assets were ordered to be sold so that past debts can be paid, albeit for pennies on the dollar, if at all. So how can anyone justify the following video, where we see Solyndra employees  dumping millions of dollars worth of special glass tubes used in the manufacturing of solar panels into a dumpster?

 

In that video, courtesy of CBS5 in San Francisco, they filmed Solyndra employees throwing away thousands of these high-tech glass tubes, representing millions of dollars worth of materials that surely could have been sold? According to the CBS5 report it gets even worse:

 Solyndra paid at least $2 million for the specialized glass. A CBS 5 crew found one piece lying in the parking lot. Solyndra still owes the German company that made the tubes close to another $8 million.

Neither the Germans nor the U.S. taxpayers can expect any effort on the part of Obama’s Solyndra cronies to pay back what they owe them. This is proven right in that video.  CBS5  also blows the lid off the lies and excuses being told to justify this lunacy:

An employee for Heritage Global Partners, the company in charge of selling Solyndra’s assets, told CBS 5 they conducted an exhaustive search for buyers but no one wanted them. But how exhaustive was that search? The tubes were never included on the list of Solyndra assets put up for sale at two auctions last year.If they were, David Lucky told CBS 5 he would have bought them. “We certainly would have bid on them, yes,” Lucky said. Lucky owns several large warehouses near Las Vegas. He buys and then resells manufacturing equipment and components all the time.

Meanwhile President Obama has the audacity to brag about his grand solar panel investments on behalf of the taxpayers, in these Liberal Green energy failures. When asked by Liberal fluff-master and Obama’s favorite softball server,George Stephanopoulos if he regretted his promotion of the bankrupt Solyndra solar panel company, the teleprompter in chief simply stated, “No, I don’t.” $500 million hard-earned tax dollars were thrown in the dumpster with nothing to show for it, and Barack Hussein Obama doesn’t regret it one little bit. Yet today there are still 47% of the uninformed masses in America today saying they want four more years of this. (in the form of Obama’s approval rate) Go figure.

Senator Tom Coburn Releases "2011 Wastebook"

Senator Tom Coburn, (R-OK) just released his 2011 Wastebook, A Guide to Some of the Most Wasteful and Low Priority Spending Govt Spending of 2011. Senator Coburn introduces this recent expose’ of Big Government waste and abuse as follows:

Dear Taxpayer,

Robot dragons, video games, Christmas trees, snow cone machines, and chocolate. This is not a Christmas wish list. These are just some of the ways the federal government spent your tax dollars this year.

Senator Coburn has used some interesting examples of how our government has wasted billions of taxpayer dollars in his cover picture. Check out just how your tax dollars are being spent in the above-linked 2011 Wastebook.  Pleases share it with as many people as you can so we can inform the voters exactly  just what is going on up in Congress, and try to get more responsible representatives elected in the near future.

While this Wastebook does outline some of our government’s wasteful spending of 2011, Senator Coburn emphasizes that this is just the tip of the iceberg in his introduction above. Considering the amount of rampant taxpayer abuse being perpetuated by our elected officials in Washington DC today, the following picture could be used in another book to describe the current Congress,as in “The Congressional Dog and Pony Show of 2011.”

Thank you Senator Coburn for trying to protect the taxpayers of America by exposing the examples of Big Government Graft and Waste in your 2011 Wastebook. Americans are tired of the dog and pony show up in Congress where we are told they are cutting wasteful spending and then the truth comes out, thanks to honest representatives of the people like Senator Tom Coburn.

Senator John McCain Blasts Big Government Grifters Taxpayer Abuse

Obama creates debt commission, then ignores their solutions

A grifter is defined by urbandictionary.com as a: someone who swindles you through deception or fraud, and b: a grifter is an expert in illicit acquisition of goods or services through various methods of over confident flim-flammery and fast talking. Apparently several members of Congress today fit both definitions of the term grifter, as outlined above. Senator John McCain took to the floor of the United States Senate today to call out the unauthorized spending, waste, and pay-for-play disservice to the American taxpayer that was slid into the current 2012 defense spending bill. This is where the term Big Government Grifter comes into play.

The Maverick Really Gets Fired Up! Senator John McCain (R-AZ) was livid about the wasteful spending he discovered that was tucked into the defense spending bill, and repeatedly slammed his fist down on the podium in an expression of utter disgust as he gave his floor speech today. The text of the entire speech is available here, and the following are just a few examples of exactly what was also mentioned in this article on the current omnibus spending bill also being rammed through Congress this week:

Mr. President, I come to the floor today to discuss the Fiscal Year 2012 Omnibus Appropriations bill that the House just passed this afternoon and the Senate will vote on tomorrow. Once again, the Senate is faced with a thousand-plus page behemoth of an appropriations bill and very little in the way of authorizations to support it. So here we are, at the end of another calendar year, cramming what should be months of actual debate and legislating into hours of reckless appropriating.

As was detailed in this CDN article, this points to a pattern of being done by design to avoid any forms of Congressional accountability and transparency. In a statement that backs that theory up, Senator McCain called upon Senator Coburn today to bring to light the fact that Congress is currently severely cutting funding to the Government Accountability Office in 2012. The GAO is the non-partisan watchdog that helps the government weed out waste and fraud to protect the taxpayers. The current planned cuts for the 2012 budget will result in a total of 400 less employees at the GAO.

Here are some bullet points from Mr. McCain’s Senate floor speech today:

So let’s compare last years omnibus debacle to this years:

• “Last year – 1,924 pages. This year – 1,221 pages.
• “Last year – all 12 annual appropriations bills. This year – nine of the annual appropriations bills.
• “Last year – over $1.1 trillion in spending. This year – over $915 billion in spending or $1.043 trillion if you include the three bills we’ve already passed. That works out to be a reduction of 5% from last year to this year. Taxpayers get a better deal at a Macy’s Christmas sale.
• “Last year – 6,488 earmarks totaling nearly $8.3 billion. This year – no traditional “earmarks” but over $3.5 billion in unauthorized spending in DoD alone.
“So should we consider this progress? Are we doing anything differently? The national debt is now at the record level of over $15 trillion, which is more than $48,000 per citizen, yet we have failed to make any significant, meaningful spending cuts and we continue with business as usual.

Senator McCain went on to outline how the whole appropriations process is fundamentally flawed today. “We have a fundamental problem in the Senate, Mr. President, of being unable to engage in the process of authorizing prior to regular appropriations. And what is the outcome? A handful of appropriators and unelected staffs disburse hundreds of billions of dollars, often in a manner that directly contravenes the will of the authorizers. Consequently, at the 11th hour of the process, we ram through an omnibus measure so that we can get out of town for the holidays. It’s disgraceful Mr. President.”

Mr. McCain goes on to show us how unauthorized spending has been injected into the defense spending bill through this rushed-through omnibus bill they are now being forced to pass.
This omnibus contains a number of objectionable provisions: (shortened versions)

Guam is getting earmarks of $33 million U.S. taxpayer dollars for 53 civilian school buses,and a cultural artifacts depository. (museum) Sen. McCain added, “I can only say that the many citizens of Arizona who are out of work, whose homes have been lost due to the economic downturn, who would benefit from any sort of action by the Federal Government to create jobs and ease their burdens, feel nothing but outrage when they see this kind of blatant waste and abuse of the political system that has gone on for years and years and years. But that’s not the end of this sad story. Within this initial funding grant to Guam of $33 million is $9.6 million for the first phase of a mental health facility that advocates claim is somehow related to the proposed military buildup on Guam. I’m still trying to sort this argument out, but I have that odd feeling that to do so I must go down the rabbit hole to Alice in Wonderland.

And Senator McCain was just getting wound up in the first 10 minutes of today’s floor speech, to which he added about the Guam mental health facility to be built with U.S. Taxpayer dollars: “And, of course, this $9.6 million dollars of pork in the FY12 Defense Appropriations bill is only the down payment, the ‘nose of the camel under the tent’ you might say, because to complete the facility as required to satisfy the already existing federal injunction against Guam, another $33 million will be required next year in 2013 to finish out the project as well as building a new public health laboratory. Wonderful!”
Senator McCain went on to mention the Tea Party and how fed-up Americans are with these kinds of Big Government Grifters that are doing this kind of wasteful, reckless spending:

The American people have seen this kind of abuse and waste for far too often, and they have had enough of it. They are convinced Congress never learns. And by this example, it’s hard to say they are wrong. In fact, this sort of complete waste and abuse of the taxpayers’ money proves they are exactly right.”

To which he added: “If you don’t understand the rise of the Tea Party, you can start by looking right here.”

The second half of Senator McCain’s Senate floor speech was just as informative as the first half as he laid out such things as other provisions. “The Defense portion of the Omnibus contains some $3.5 billion in unrequested, unauthorized spending for items that are not core, high-priority Defense requirements. As you will see, Mr. President, many old favorites appear on the list.” Again, I urge all concerned citizens to check the complete list of waste, fraud, and taxpayer abuse found in the latest omnibus bill, brought to you by the Big Government Grifters of Congress, and outlined on Senator McCain’s website.

Footnote: How ironic is this fact? Rep. Hal Rogers (R-KY) Is on the House floor giving a speech right now, saying how wonderful the tireless staff on the House Appropriations Committee have been while working on this omnibus bill. Mr. Rogers is the Chairman of the House Appropriations Committee. Maybe he should give Senator John McCain a call and have a discussion about just how wonderful this pork-laden, fraud-upon-the-taxpayers omnibus truly is for the U.S. Taxpayer.

Obama Delivers "Pass My Jobs Bill" Speech ( #19 in 2 weeks)

 President Obama just wrapped up his most recent speech  (112 minutes of it) in which he both started and ended with the temper-tantrum-like, “Pass My Jobs Bill Now” obvious 2012 reelection style campaign rhetoric. President Obama spent an ample amount of his TV time today towards blaming Republicans for not passing his jobs bill already, even though it is in fact, Harry Reid and Senate Democrats who have refused to vote on it. Last we heard Mr. President,  it is a known fact that Congress is made up of both parties, and your Liberal Democrats hold the majority in the U.S. Senate today, just in case you weren’t aware of that fact. It is nothing short of amazing in how the lead- mouthpiece of the Liberal Party USA, Barack Obama can never seem to find a thing that Democrats are responsible for during the last 5 straight years of Congressional rule. ( 2007-2010 plus Senate rule today ) When it comes to any criticism, it is like they don’t exist in Obama’s world. It was just announced that, after being exposed by Republican minority leader Mitch McConnell yesterday on the Senate floor in his refusal to act on Obama’s demands to vote on the jobs bill, Harry Reid has now agreed to hold a vote on Obama’s supposed jobs bill. Good luck Harry. Last we heard, Obama’s supposed jobs bill has bi-partisan opposition in the U.S.Senate.

 

 

President Obama was asked if he would sign the current Chinese Currency Manipulation bill in Congress which has bi-partisan support , which he totally dodged by talking about the history of China’s doing just that, yet once again he refused to be clear as to whether he would sign the bill as asked. That non-committal to denounce China as a currency manipulator is exactly how China has gotten away scott-free for decades without any firm repercussions.


When asked about the current Solyndra pay-for-play scandal where half a billion tax dollars were funneled into Democratic campaign coffers, Obama stayed on message in denying any wrong-doing, and also said it is up to the Dept. of Energy to take these risks on behalf of the taxpayer in so many words. FYI, Mr. President, the political appointees in fact, do not have authorization to “make bets” with taxpayer dollars any where in the U.S. Constitution. As a much-ballyhooed Constitutional scholar, one would think you would know better than to to try to sell that load of bunk there.


President Obama once again defended his political operative over at the DOJ,  Eric Holder in trying to convince the public that Holder knew nothing about the Fast and Furious government-sponsored gun-running program that resulted in the murder of 2 border agents and hundreds of citizens .E-mails and other correspondence prove Holder and the Obama administration were in fact informed about that program and allowed it to proceed. Again we see that President Obama refuses to hold anyone accountable for this travesty of injustice. Simply denying the facts will not make it go away Mr. President, as you are starting to see by Rep. Darell Issa now demanding a special prosecutor, promising to “get to the bottom of it, no matter what it takes.”

 

President Obama took some parting shots again at the GOP towards the end of his latest TV appearance, where he demanded that they tell him what they do not agree with in his jobs plan several Republicans have already expressed these concerns, but maybe Obama missed them, considering he has been on the campaign trail for the better part of two straight weeks now. As a voting citizen, I have one simple problem with Obama’s supposed jobs plan and a very simple way to solve what I see as the biggest problem with his supposed desire to “create or save” jobs in America. Pass the bill on one condition: Every contract funded by this jobs bill must be put up for bids in order to ensure the taxpayer gets the most bang for their buck. That way, all of the infrastructure, road-building and new construction projects in Obama’s new jobs plan, will not be used to buy Union crony-capitalists votes for his 2012 reelection campaign. What say you Congress? Draw up the amendment and then take that message to “We the people” that you will in fact, pass Obama’s jobs bill as long as it does not cut out the 85% of the workers in this country who do not belong to Unions.  That’s all Obama’s latest stimulus plan 2.0 is, that he is trying to sell to Congress so heavily recently.  As far as We the People running Republicans out of town if they don’t pass your fake jobs bill, the main target to be run out of town as of right now is you Mr, President, which is backed up the recent number of your very own 55% disapproval ratings show. Gosh, how I hate having to watch these retreads of Obama’s campaign speeches that always contain a heavy dose of blaming everything under the sun for his blatant failures as the leader of this country, instead of taking one ounce of responsibility. 2012 just can’t get here fast enough.

 

 

ICE Arrests 300 Fugitive Illegal Aliens in South Florida

 U.S. Immigration and Customs Enforcement officials Monday announced the arrests of 330 fugitive illegal aliens in one of the largest customs enforcement operations ever undertaken in South Florida. The arrests were made over a two-week period and involved Palm Beach, Miami-Dade and Broward counties. In an apparent slap at President Obama’s recent executive- amnesty orders that he is trying to implement once again by executive fiat, while completely ignoring the fact that Congress voted down his Dream Act, Michael Rozos, the Director of ICE’s Florida field office stated: "Our message is clear: The days when illegal aliens in this nation willfully ignore immigration judges’ orders are over."  How refreshing it is to hear that a government agent is demanding that the rule of law in America be obeyed 24/7/365 !  Thank you Mr. Rozos.  Warren Buffet received the "Medal of Freedom" for basically being nothing more than a political operative in support of Obama, so what say we give Mr. Rozos 10 Freedom Medals for keeping Floridians free from these illegal criminals and their effects on our economy and state programs before we end up 20 billion dollars in the red like the proud Illegal Sanctuary State of California:

   

Officials said the arrests are just a small portion of the nation’s backlog of immigration violators: about 597,000 total fugitives. The numbers are so large that South Florida’s enforcement teams are set to increase from five to seven later on this month.  When DHS Secretary Janet napolitani says that our southern border is more secure than ever before in history based on the number of phony deportations,she is proven not only to be a mathematically-challenged propagandist but also proven to be a danger to this country. When JNP, (for Janet Napolitano the Propagandist) all you have to do to understand her manipulation is to watch the show  Border Wars on the Nat-Geo channel.

 In that show we see illegals caught trying to sneak into the country, actual convicted felons and drug smugglers, along with human traffickers that are caught near our border simply turned loose back to Mexico in a little known gimmick as "Voluntary Return." JNP then counts these voluntary returns as "deportations" to inflate the DHS statistics. When she claims that deportations are up by a whopping percentage, that is largely due to the fact that before her appointment as the  DHS  Dream-Act- Queen- by Barack Obama, they did NOT count people stopped at the border as being deported. A person caught while illegally entering the United States is not in fact "deported, but she knows this, yet uses it anyway to skew the deportation statistics. According to ICE/DHS statistics,  there are over 500,000 fugitive illegal aliens in America today who simply ignored the Immigration Judge’s deportation order and are running loose in America in violation of federal law. This is also a huge part of the DHS hidden Dream Act fraud being played upon America today. When honorable state ICE and other  law enforcement agencies arrest illegals they turn them over to the FEDS, who more times than not let them go simply if they promise to show up for an immigration hearing.  Which they promptly ignore, so then we have the added cost burdens of filing felony  fugitive warrants on them. Why in the hell not send them back to their host country immediately, as our original laws call for, instead of releasing them for years and then having to track them down?  This appears to be a simple case of ignorance and incompetence from within DHS, UNLESS someone wanted to overload the system in order to collapse it to effect the very same "transformative change,"  as it states in the Rules for Radicals Marxist operators manual written by Saul Alinsky, and stated much-favored reading material of Barack Obama while in college.

 There are currently estimated to be between 15 and 20 million illegal immigrants in America today. Considering that, contrary to the lies and propaganda spewed by the  irresponsible vote-beggars of Congress, these illegals are crushing State’s budgets, especially Medicaid funding.  Who do you think picks up the tab for the millions of illegal anchor babies born in this country  year, after year, after year, Santa Claus?  The Easter Rabbit? The Tooth Fairy? Lets get real here people . One simple example of Illegals costing taxpayers billions of dollars a year, thanks to the Congress critters who refuse to obey the law and deport them immediately upon discovery,  WIC, the program for AMERICAN  Women, Infants, and Children has now become MWIC, for Mexican Women Infants and Children,  and we see the proof every single time we go to the grocery store here in Florida!  There is basically only one requirement to get  WIC coupons from our taxpayer-funded WIC program: Applicants must live in the state in which they apply.  So much for the lies being told that illegals are just hard-working people who increase our revenues and are not a drain on our society there, isn’t it? 

Thank you again Mr. Rozos, and all the brave ICE agents of Florida for trying to enforce immigration laws in Florida and deport them as mandated in said laws. Eventually the DHS Dream Act puppets that are ignoring federal immigration laws and the Congressional refusal to enact The Dream Act, should and hopefully will be brought up on charges one day soon. Just like in the U. S. Military, when a government official orders a subordinate to break the law, said official can be brought up on criminal charges. What say you Congress?

              27-year veteran ICE Chief Anthony Mangione arrested on child porn charges in Broward County Florida.

In related Florida immigration news, we see that the Director of the Florida ICE office in Miami was arrested on child pronography charges last Tuesday according to local media reports. Fighting child pornography was one of the tasks that the Miami ICE office. Another case of the fox being put in charge of guarding the hen-house there. In something that appears to be some kind of cover-up, ICE Chief Anthony Mangione’s arrest was documented in Broward County public records, but specific charges were not listed immediately. The FBI has found child pornography on his home computer after it was confiscated back in April as part of a child porn investigation.Mangione has been with ICE for 27 years and was soon set to retire. Now it appears as if he will be "retiring" to prison for several years, if these charges are proven correct. Federal officials at the Justice Dept and U.S. Marshall’s offices are refusing to comment, pointing to this as still being an ongoing investigation with possible future arrests. If this man is proven guilty, it is good to see him taken off the streets of Florida and away from our children.

 

 

Meet the FFB, the Largest D C Slush Fund Ever Part 2

In part 1 of Meet the FFB, we discovered how Congress had created their own mafia-style loan sharking Federal Financing Bank where designated Congressional committees have had little to zero oversight in billions of dollars in “loans” where taxpayers lose huge amounts of money. ( think Solyndra here ) Meanwhile, politicians are stuffing their campaign coffers, crony-capitalists, union bed-pals, friends,and relatives wallets, through mafia-style influence peddling. The political appointees of the Treasury dept.’s ‘head nod’ is all that is required for billions of taxpayer dollars to be doled out, sometimes at little to zero interest. The Treasury believes that the FFB loan-sharking and political influence-peddling is strictly legal according to the FFB’s charter, but that false belief comes from the fact that Congress just decided to give themselves the power to ignore the United States Constitution when they created their own loan sharking and influence-peddling bank.

The creation of the FFB was illegal according to the U.S. Constitution and therefore should be abolished immediately, and all it takes is a summary look at what our Constitution mandates. relative to the U.S. Congress authorizing the spending of  tax dollars. Before one dime of taxpayer’s money is spent, it must be drawn up as a bill, go through relative committees in the U.S. House of Representatives, be debated, ( with possible amendments voted upon) and in passing by a majority a vote, be sent to the U.S Senate for consideration. If the Senate authorizes the spending in the bill and passes it, it is then sent to the President for his signature of authorization to spend said amounts of taxpayer dollars. ( That’s the short version, and yes, there are also other factors and legislative procedures involved in spending legislation that are simply too numerous to mention here, for all the nit-picking, tax-dodging felons of the world posing as lawyers such as current Treasury Secretary Timmy Geitner, who might want to cry about it )

No where in our constitution does it even come close to implying that Congress has the authority to bypass congressional spending legislation by creating their own loan-sharking, graft, bribery and influence-peddling bank as they did in creating the FFB in 1973. That fact alone proves the FFB to be more in line with a mafia-style loansharking criminal enterprise, as opposed to the fairy tale that it is legal to loan out the people’s money at near zero percent interest rates to friends, relatives, Unions, and campaign-donor-crony-capitalists simply because the tyrants of Congress said it was within their power to do so. Congress over-stepped their authority and the FBB should be shut down immediately. Like so many pieces of legislation over the years, Congress starts out with apparently good intentions only to have the people suffer at the hands of an over-reaching big government expansion of power. Now we shall provide our readers with a few examples just how Congress has been using the FFB to give away our tax dollars to political bed-pals, Unions, friends, and relatives, while also enacting the Marxist wealth redistribution agenda that is so heavily embedded in the Liberal ideology of Barack Obama and the fake Democratic Party of today.

The now famous Solyndra scandal where taxpayers lost over half a billion dollars due to the FBB loan sharking program, is largely responsible in bringing this fraud upon the taxpaying public into the sunlight. This episode in Congressional connivance contains all the elements of the Liberal Democratic agenda that we have seen come out of the closet, so to speak , during the past five years. First it contains a heavy dose of Marxist wealth redistribution at it’s very roots in the fact that it picks and chooses just who gets near zero interest rate loans, how much they get, and then even goes so far as to forgive “colleges of color” interest due on already handed out loans.

Since when is it legal for the U.S. Government to favor a black college over say a historically Asian college in America? Well, with the election of a half-black POTUS in 2008, this seems to be standard operating procedure more and more every day. From Part 1 of Meet the FFB: The bank also lets the General Services Administration [GSA], as well as “Historically Black Colleges and Universities,” and the Veteran Administration slide on interest costs on their loans, too. The bank lets them defer interest costs “on their loans until future periods,” the KMPG report say. Either give every college in the United States equal loans and then forgive the interest until a later date on said loans to all of them, or get out of the college loan business all together! That is a classic case of race-based discrimination 101, and FYI, it is against Federal law! That example is also a form of stealth wealth redistribution in which taxpayer dollars are being used to give an unfair financing advantage to “colleges of color.” When we talk about the wealth redistribution inherent in the loan sharking bank of congress called the FFB, we also see political favoritism as to who gets what green energy loans. First, the majority of the cash is sent directly to mostly Democratic Party/Obama supporters out in Liberal la-la land, California. Nothing to see here folks, just move along. The Daily Caller exposes the proof here:More solar companies led by Democratic donors received federal loan guarantees.

Weekend update: From TheHill.com, Energy Department approves $4.7 billion in solar loans. ( last minute cash grab before deadline cuts it off)

The Energy Department finalized Friday more than $4.7 billion in loan guarantees for four solar projects, bringing an embattled stimulus-law program aimed at financing renewable energy projects to a close.

This Congressional loan sharking scheme appears to be coming to a close, as far as the FBB dishing out green energy loans for Democratic campaign contributions goes… for now. We must keep an eye on the FBB Congressional slush fund bank from here on out.

In Meet the FFB part 3, we shall follow the money trail of billions of dollars of taxpayer dollars flowing into campaign coffers. Guess which politicians are filling their campaign coffers with the newest form of D.C. “green” cash? 

Meet the FFB: The Largest D. C. Slush Fund Ever: Part 1

Way back in 1973, Congress created another apparent political money-laundering, graft, and bribery payout-machine, (using our tax dollars) titled  The Federal Financing Bank. (FFB) As always, when Congress creates a new way to try to steal more money from the working class taxpayers,( while trying to keep them from finding out about it ) they come up with wonderful, serious-sounding "mission statements" like the following supposed explanation of what the FFB was created for:

Federal Financing Bank The Federal Financing Bank (FFB) is a government corporation, created by Congress in 1973 under the general supervision of the Secretary of the Treasury. The FFB was established to centralize and reduce the cost of federal borrowing, as well as federally-assisted borrowing from the public. The FFB was also established to deal with federal budget management issues which occurred when off-budget financing flooded the government securities market with offers of a variety of government-backed securities that were competing with Treasury securities. Today the FFB has statutory authority to purchase any obligation issued, sold, or guaranteed by a federal agency to ensure that fully guaranteed obligations are financed efficiently

Congress created our Treasury Department in 1789 and then in 1913 created the Federal Reserve as a new U. S. central banking system.  If both the Treasury and the Federal Reserve are doing their jobs correctly, then why would congress decide to create The Federal Financing Bank in 1973?  The answer to that is the fact that there was no valid reason for creating the FFB, other than to obscure and hide the massive slush fund that Congress has given themselves in order to buy  votes and increase their power over the people.  (with your money)  I also find it highly hypocritical that certain politicians demand an audit of the Federal Reserve while ignoring this Congressional money-shifting-mafia style taxpayer-abusing fraudulent loan shark program called the FFB. One look at their July 2011 statement and we start to get a real idea of just how the tyrants of Congress view OUR tax dollars as their personal political piggy banks to buy some votes here, give relatives and friends a few billion there, all the while doing their best to make it difficult for the average taxpayer to recognize it as taxpayer abuse and fraud by creating another banking entity, and therefore creating another difficult paper trail to investigate. For the readers who do not click the link to the FFB page,  I shall include a few sections of just what they have been up to in the month of July of 2011, alone.  Note: This is the end of Sept, and we have YET to see the numbers for the FFB in August. They certainly know they are being scrutinized today for being the middleman in the Solyndra scandal among other things, so one could imagine the effort they will put into "creating" a nice clean August report, whenever they decide to grace us with that information.  First of all, how many readers even knew that the loan-sharks at the FFB "loaned" the USPS money every single day in July, 2011? Wait, I made a mistake there. The FFB loaned the USPS money every single day in July that they were open,  but sometimes,  like on July 13th,   for example, they loaned them money four times, not just once. Look right  here, if you do not believe the information stated in this article. The FFB takes however much money it wants from the U. S. Treasury and then "loans" it out as it sees fit, with little to zero Congressional oversight or input. This is mafia-style loan sharking except for one big difference: The mafia-don actually loans out his own money at super high interest rates. while the mobsters of Congress just take the taxpayer’s money from them to "loan" it out as they see fit, and if that loan goes to a relative or crony-capitalist such as Solyndra, they do not even charge them 1% interest!  Add to that the fact that Congress also often  "forgives" the interest rates on loans made to crony-capitalists, political vote buyers, and certain "colleges of color."  That’s right, as in this statement from a Fox News article by Elizabeth MacDonald yesterday, that first called my attention to the Congressional mafia-style loan sharking going on at the FFB:

For instance, the FFB has been hit with losses on loans to the U.S. Department of Agriculture, loans the Agriculture Dept. received to service rural utilities. The Agriculture Dept. is stiffing the FBB on interest it owes on these loans, a cumulative $1.7 billion in losses here.

The bank also lets the General Services Administration [GSA], as well as “Historically Black Colleges and Universities,” and the Veteran Administration slide on interest costs on their loans, too. The bank lets them defer interest costs “on their loans until future periods,” the KMPG report say.

So now our Congress thinks itself to be so all-powerful that it can break Federal anti-discrimination laws in Federal loan programs and favor one college over another based on the color of the skin of their students, and decide to forgive, or delay proper payment of the interest due on their taxpayer-funded loans. Notice how the Solyndra loans ( in link above) were  given out at a measely .01% interest rate there? The loan sharks of Congress dish out over a half a billion tax dollars to largely Democratic campaign donors, and then decide to basically do it for free? With our money. Just who in the hell do these people think they are here?  Congress has now given themselves the power to use taxpayer money to enrich themselves, their friends and relatives, and dole out billions of taxpayer dollars to phony companies and assorted dysfunctional entities like in the Solyndra Scandal of late. YES SOLYNDRA received loans from the FFB.

The FFB was akin to the mafia loan shark on the street who handed Solyndra the bag with half a billion taxpayer bucks in it, knowing darn good and well that they would be bankrupt in very short order as reports had told them YEARS before, when they were originally denied taxpayer funding by Congress and the GWB administration. Then the mafia Don, in this case the Democratic Party of tyrants in Congress, when told that Solyndra has went bankrupt and the taxpayers will not get any money back,  just shrugs his head and tells the loan collection agents not to worry about it, as it wasn’t their personal  money that was lost, it was just money he/they had stolen from the people to begin with. ( in taxes)  Easy come easy go, according to the Congressional loan sharks of today. Ms. MacDonald goes on to further show how this loan sharking "Bank" was flat broke in 2008, and yet has given out some 61 billion dollars in loans ( In just the month of July 2011 ) while Barack Obama and  the fake Democrats were ruling all of Congress. While Republicans have probably been up to their necks in this Congressional loan sharking scam in the past, thanks to the Solyndra scandal, we now see that it is mainly  Democrats who have been caught red-handed in the most recent episode of the FFB loan-sharking scheme of the past 3 years.

This little-known government bank, the Federal Financing Bank [FFB], had a zero balance in 2008 for green energy projects, but now, with little Congressional oversight, it is giving out billions of dollars in loans to White House pet projects often at dirt-cheap interest rates below 1% , plus the bank is funding the insolvent U.S. Post Office; the White House’s expensive green car projects at Ford Motor, Nissan and Tesla Motors; a $485 million loan to an expensive solar project that’s lost $160 million over the last three years that’s backed by Google, BP and Chevron; plus the FFB is funding the teetering HOPE housing bailout program, which gives delinquent mortgage borrowers breaks on their loans.

And if that isn’t enough to get your blood boiling yet, we now see the Agriculture department getting in on the pay-to-play loan sharking fraud from within the the FFB:

And according to KPMG’s audit report of the bank, the FFB is losing billions of dollars in taxpayer money because it is forgoing collecting interest costs on already inexpensive loans that are financing projects at agencies like the Agriculture Dept.

Ms. MacDonald takes it one step further in explaining that what should really have the taxpayers concerned is the fact that the loan sharking Tyrants of Congress  have now empowered themselves  through the The FFB to "borrow unlimited amounts of taxpayer money from the Treasury for these kinds of political pet projects. Under the 1973 “FFB Act, the bank may, with the approval of the Secretary, borrow without limit from the Treasury,” says the bank’s audited statements from KPMG." (emphasis mine) Considering that today’s Secretary of the Treasury is proven tax dodging felon Timothy Geitner,  it is of little comfort to the American taxpayers that all that Congress needs to access billions of dollars of the people’s money for their loan-sharking enterprise known as the FFB,  is Mr. Geitner’s approval. "The Treasury Department’s inspector general is now investigating the bank over its $528 million loan to Solyndra. FFB’s chairman of the board is Treasury Secretary Tim Geithner, and the bank’s board executives are Treasury officials." How many treasury executives did you people vote into office in 2010? If you said zero you get a star, as the U.S. Treasury is a bunch of political appointees who do not have the authority to bypass the U. S. Congress in giving out taxpayer funded loans. Clear enough Mr Geitner and company? Just because the past clowns of congress in 1973 decided to create this loan sharking bank at taxpayer’s expense does not make it Constitutional. Period.

 Most people go about their lives not concerned about things like this government loan sharking scam until someone gets killed or seriously hurt by it, as in the current Fast and Furious gunrunning scandal where our very own government enabled drug cartels to purchase assault weapons resulting in the murder of border agents and hundreds of citizens in the U.S. and Mexico. By then its usually too late, the innocent citizens are dead and buried, and, in the case of the FFB,  all the money has been stolen to never be seen again.   Even then, after the fraud, graft, loan sharking and outright theft of their hard earned money is exposed as it is right here, they say well you can’t fight the government so, oh well. The problem with that is that the end result will be that eventually all the money will be gone, America will default on her $15 trillion dollars of debt, and there will be chaos in the streets due to shortages of common everyday necessities,  such as food and shelter. This is not over-stated fear-mongering, but is in fact, a serious dose of the reality of what is happening in American politics today. When this country becomes insolvent, chaos will ensue, and society will become unstable.  Similar examples of the dangers of  common  types of loan-sharking that ends up hurting everyday people, can be seen in the mafia wars in NYC and across the nation in past history. The mafia employed loan sharks who mainly used unscrupulous tactics to take advantage of poor people who otherwise could not afford a loan. In the case of the FFB loan to Solyndra, Congress was told they were a bad risk to lend money to, but Democrats could not resist the chance to fluff up their campaign coffers with a few billion tax dollars, while also getting the head Democrat, one Barack Obama on national TV to be seen by millions of Americans promoting the "Successful Solyndra Solar Company."  Hint to the eventual Republican presidential candidate  winner in 2012: The video clip of Barack Obama while actually giving a speech touting the validity of green energy companies at the now bankrupt Solyndra Solar company will make a wonderful campaign ad in 2012. Oh yes we can.

 

The people of NYC were also living in fear at one point in history from the mob bosses and their loan sharks, as their power increased and the blood ran deep in the streets on a daily basis during their power struggles. Loan sharks would break legs and arms if you couldn’t pay up, unless they decided to just make you disappear altogether for being unable to pay up in full.  As the power struggle during the mafia wars ratcheted up, many innocent people were killed when they were caught up in the gunfire. The people saw that  as the mob’s power increased, life got worse and worse for them, and they were not even free to walk the streets safely at night. Murder became commonplace during the height of the mafia wars in America. Today, the blatant theft of our tax dollars is now becoming commonplace, due  to political greed and the career politician’s quest for more power over the people.

These acts of tax dollar thievery such as the loan-sharking scam at the FFB will eventually add to the already very dangerous debt load and impending insolvency of  America.  Billions are being stolen under the guise of government loans and bailouts, and eventually the people will have to make a stand by changing their government at it’s core, and the way they allow them to handle their business. We have already seen the theft of almost a trillion taxpayer dollars in the form of the stimulus bill of 2009, in which we were promised by Barack Obama, that all those taxpayer dollars  would keep unemployment under 8%. Over two years later, we see little to no actual accounting of all that money, but in fact we currently see between 15 and 20 million Americans either unemployed or underemployed as they struggle to make ends meet. The stimulus program was just another government loan-sharking scheme where the taxpayer got screwed while the politicians friends in the unions, their crony-capitalists in the green energy scams, and their direct and indirect relatives enriched themselves to the detriment of our economy. ( More on a big name politician involved in this fraud to come in part 2 ) This was also the very reason that Barack Obama and company directed all Democrats and their media puppets to stop using the word "stimulus" in public recently.  Americans got wise to that scam in 2010,  so politicians turned to their other loan-sharking scam known as the FFB, and started doling out taxpayer dollars through it in a pathetic attempt to obscure their obvious theft of billions of hard-earned tax dollars once again. Will the FFB  government loan-sharking fraud ever be honestly investigated in the United States Congress in the near future?  Considering that this so-called bank was set up for the sole purpose of enabling politicians to use it as a way to bypass certain aspects of Congressional accountability as to how our tax dollars are being spent, the answer to that question has to be an emphatic NO.

 

I,d like to personally thank Ms. Elizabeth MacDonald of Fox Business for having the fortitude and courage to originally report on the FFB, which should be more aptly titled the Congressional Loan-Sharking Criminal Enterprise of America. In Part 2 of this expose’ on the FFB Congressional loan sharking we will take it a step further, and show you just what your tax dollars have been funding through the FFB, and just which honorable members of our government have ties to the latest episodes of the FFB slush fund loan sharking at taxpayer expense saga. 

Updated info alert: Apparently the FBB exposure piece done by Ms MacDonald has drawn some damage control rhetoric from none other than than "someone" in the U.S. government. They had her change some tiny aspects of her article. Here is the link:  http://www.foxbusiness.com/markets/2011/09/28/government-bank-financing-more-solyndras/  The petty reasons for the minor changes in her article do not in any way change the fact that this is a Congressional-loan-sharking-criminal-enterprise using taxpayer dollars unconstitutionally ! 

 

 

 

 

 

 

 

 

 

Illegals Bilked Taxpayers for $4.2B Last Year by Exploiting Tax Code

Illegally entering America while breaking Federal Immigration laws and dropping illegal anchor babies appears to be a lucrative business in America today. In an article from The New American, we see just how much this act of criminality is costing hard working, tax paying Americans today:

The Treasury reported in July that the Internal Revenue Service coughed up $4.2 billion in child tax credits for illegal aliens in 2010.

At a time when politicians are talking about the need for government to reign in spending and reduce yearly deficits by taxing Americans more and cutting sevices in government-funded programs for our citizens, it is nothing short of ludicrous that we are funding the current illegal criminal baby-makers and their off-spring through the manipulation of our tax code that is 100% approved by the U.S. Government! How can this be possible?

The question is how illegals get away with gaming the system. Answer: Because all wages, even those earned illegally, are taxed, but since illegals cannot get valid Social Security numbers, the government needs a way to track their income and collect what is due. It does so using individual taxpayer identification numbers (ITINs), which, again, are for those taxpayers who cannot obtain a Social Security card.

So, politicians themselves have written a loophole into our tax code that siphons off tax dollars to illegal criminals. If that doesn’t piss off Americans who are today being told to give up more of their paychecks during the current Obama-recession (through his phony American Jobs Act, which is just tax increases to pay off Union vote begging cronies and big government corruto-crats), I don’t know what will. If you just can’t believe that last statement? Here is the loophole:

These ITINs create the problem, and it’s a big one, according to the Treasury: The booty claimed by illegals using the ACTC has skyrocketed from $924 million in 2005 to $4.2 billion in 2010.

According to a Treasury report, “ITINs are issued regardless of immigration status, because both resident and nonresident aliens may have a U.S. filing or reporting requirement under the Internal Revenue Code.”

“ITINs( individual taxpayer ID numbers) are for Federal tax reporting only and are not intended to serve any other purpose. Even income obtained illegally is subject to income taxes. Therefore, the IRS issues ITINs to help individuals comply with the U.S. tax laws and to provide a means to process and account for tax returns and payments for those not eligible for SSNs. An ITIN does not authorize an individual to work in the United States or provide eligibility for Social Security benefits or the Earned Income Tax Credit (EITC); however, the IRS currently processes claims for the Additional Child Tax Credit (ACTC), a refundable tax credit, filed by taxpayers with ITINs.”

But it gets even nastier when we see that NON-TAXPAYING ILLEGALS are getting U.S. tax refunds and credits. What really makes this taxpayer abuse even more disgusting is that they have been aware of this fraud for over a decade, yet refuse to take any kind of action against it to protect the U.S taxpayers!

The Treasury reported that illegals are fraudulently using the Additional Child Tax Credit, which was created to give more money to taxpayers who cannot claim a full tax credit for children.

The credit can be claimed even if a filer does not pay income tax:

The ACTC is the refundable portion of the Child Tax Credit (CTC). The CTC can reduce an individual’s taxes owed by as much as $1,000 for each qualifying child. The ACTC is provided in addition to the CTC to individuals whose taxes owed were less than the amount of CTC they were entitled to claim. The ACTC is always the refundable portion of the CTC, which means an individual claiming the ACTC receives a refund even if no income tax was withheld or paid. As with all refundable credits, the risk of fraud for these types of claims is significant

The treasury report goes on to summarize how this appears to be a pattern of systemized fraud enabled by our very own government as a way for illegals to scam the taxpayer:

“The payment of Federal funds through this tax benefit appears to provide an additional incentive for aliens to enter, reside, and work in the United States without authorization, which contradicts Federal law and policy to remove such incentives. ITIN filers are much more likely to claim the ACTC than other individual taxpayers. We found that in Processing Year 2010, 72 percent of all ITIN filers claimed the ACTC, while only 14 percent of non-ITIN filers claimed the ACTC

Numerous politicians, including Barack Obama have been seen in the national media lately calling for reforming our tax codes, and to raise taxes on Americans to pay for their recent explosion of nasty, ludicrous big government debt-spending. How about cutting off illegal criminals from the taxpayers purse as seen right here, in this blatant example of big government taxpayer fraud against American citizens?