Ty Warner of Beany Baby fame got shaken down this week, on threat of jail time:
When Warner discovered he had this relatively trifling amount in an ill-reported account in Switzerland, Warner directed his financial people to voluntarily reveal the error. To qualify for an amnesty under these circumstances, you must admit guilt. And once admitted, it is impossible to deny guilt, or change to the fact it was an error.
The government decided to make an exception out of Warner, the world's first self-employed billioniare. They prosecuted him shook him down for nearly a hundred million upon threat of spending the rest of his life in prison. He was giving most of it away, and that was undeniable, and the judge so noted.
So Warner escaped jail time, but the government picked up tens of millions that will not now make it to charity.
Prosecutors want a trophy, so they go after our best and brightest to prove they are ruthless and therefore of value ot the powers that be. Milliken, Martha Stewart, Aaron Swartz driven to suicide, and now Ty Warner, all good people, our best and brightest, punished by a legal system that rewards headhunting.
The law is supposed to bring order, but it only brings chaos in USA. Small businesses are routinely crushed, creative people are prosecuted, while bankers and others are bailed out in a low motion theft of the fruits of those who actually produce something for a living.
We do have the ability to maintain order, and that is for juries to nullify the cases against prosecutors. it is perfectly legal, and expected, for citizens to check the prosecutors by denying a conviction even if the prosecutors makes a case. It is expressly the point of the jury, that the government must ultimately answer to private citizens. If you ever are called to serve on a jury, know and expect to nullify the case. When you do, you are defending the constitution of the US against the prosecutors within who would violate the constitution. Restore order!
Our economy is based on trillions in derivatives, not on productive capacity. There is a tipping point when people realize there are no assets behind those derivatives, and there is not the productive capacity to support our country. Then it will be escape to anarchy from the chaos.
Feel free to forward this by email to three of your friends.
As part of his sentence, Kocoras also ordered Warner to do 500 hours of community service at local Chicago high schools. When he pleaded guilty, Warner agreed to pay $27 million in back taxes and interest, and a civil penalty of more than $53 million — one of the largest such penalties ever paid.This multi-billionaire whose wit and skill turned a fad into a mania was bringing in so much cash he was buying resorts such as the Four Seasons hotel in NYC, and parking it where could. Advisors of his put him in touch with UBS Bank, whose officers are now under indictment, to deposit some 25 million at one point, again, out of billions the man has earned.
When Warner discovered he had this relatively trifling amount in an ill-reported account in Switzerland, Warner directed his financial people to voluntarily reveal the error. To qualify for an amnesty under these circumstances, you must admit guilt. And once admitted, it is impossible to deny guilt, or change to the fact it was an error.
The government decided to make an exception out of Warner, the world's first self-employed billioniare. They prosecuted him shook him down for nearly a hundred million upon threat of spending the rest of his life in prison. He was giving most of it away, and that was undeniable, and the judge so noted.
So Warner escaped jail time, but the government picked up tens of millions that will not now make it to charity.
Prosecutors want a trophy, so they go after our best and brightest to prove they are ruthless and therefore of value ot the powers that be. Milliken, Martha Stewart, Aaron Swartz driven to suicide, and now Ty Warner, all good people, our best and brightest, punished by a legal system that rewards headhunting.
The law is supposed to bring order, but it only brings chaos in USA. Small businesses are routinely crushed, creative people are prosecuted, while bankers and others are bailed out in a low motion theft of the fruits of those who actually produce something for a living.
We do have the ability to maintain order, and that is for juries to nullify the cases against prosecutors. it is perfectly legal, and expected, for citizens to check the prosecutors by denying a conviction even if the prosecutors makes a case. It is expressly the point of the jury, that the government must ultimately answer to private citizens. If you ever are called to serve on a jury, know and expect to nullify the case. When you do, you are defending the constitution of the US against the prosecutors within who would violate the constitution. Restore order!
Our economy is based on trillions in derivatives, not on productive capacity. There is a tipping point when people realize there are no assets behind those derivatives, and there is not the productive capacity to support our country. Then it will be escape to anarchy from the chaos.
Feel free to forward this by email to three of your friends.
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