We explore real-life reformation here in this informed, online community.
Attention small businesses.
The Corporate Transparency Act (CTA) went into effect on January 1, 2024, to help "prosecute and deter money laundering," to "deter tax fraud," and to deter the peaceful operation of small businesses whose owners don't have time to stay current on every new complex regulation.
Lawyer Lee Phillips said that CTA requires companies to file new sets of paperwork with the Financial Crimes Enforcement Network (“FinCEN”) and are essentially being investigated for a crime. Reporting is mandatory. Failure to comply with CTA carries a maximum fine of $500 per day up to $10,000 and criminal penalties, including up to two years in prison.
Simon Black says small businesses are targeted while large, publicly traded companies are specifically exempt from reporting under the CTA. So are hedge funds, banks, and other large financial entities. Heads-up, small business owners.
“Fact check; not locking down at all (like Sweden) would have saved lives in UK. Hard to believe how much money the UK spent on its sham covid inquiry.”
--Jay Bhattacharya
The UK Covid-19 Inquiry cost millions. It finally released the core political chapters of its long-awaited report. After nearly three years of hearings, millions of documents, and tens of millions of pounds spent on legal fees, the conclusion is now unmistakably clear.
They’ve learned nothing, even while watching millions suffer from lockdowns and vaccination.
Worse, they may not want to learn. The Inquiry’s structure, its analytical frame, even its carefully curated narrative all point in the same direction: away from the possibility that Britain’s pandemic response was fundamentally misguided.
Bill Madden writes, "Refusing illegal orders in the military is difficult to do because they normally are generated high in the chain of command and very few officers in the chain really know what is or is not a legal order. Immediate superiors can be very demanding and the orders are usually given in high pressure environments. Refusing an illegal military order is tantamount to whistleblowing and, as much good as it does for the concept of truth, the whistleblower’s life is made miserable as a punishment for his honesty and a warning to others."
I watched this happen with Army Spec Michael New during the Clinton years. He disobeyed an illegal Clinton order, was arrested on base in Germany, was then given an unjust, unconstitutional trial, and then a Bad Conduct Discharge. But he stood his ground the whole time and has been proven right since.
Not the personal sub;
the private American car. Americans owe $1.66 trillion in auto debt. Delinquencies just hit levels not seen since the Great Financial Crisis. Nearly 30% of all trade-ins are underwater. Average amount owed: $7,000 more than their cars are worth.
Auto loans are now a bigger consumer debt category than student loans (8.9%) and significantly larger than credit cards (6.6%).
So is that shiny late model vehicle a blessing, or a curse?
