Sunday, June 30, 2013
Sunday, April 10, 2011
New Levy on Account of Levy?
This posting will leave to other pundits the issues of the extent of Steve's questionable doings, (2) the terms, if any, of any deal that may have been made with the Suffolk County District Attorney regarding Steve's nonprosecution, (3) the effect of the current Steve Levy scandal on New York politics in general, and (4) speculations regarding Steve's short-term or long-term political future.
What this posting will note is the reactions of two Suffolk County Legislators to the Steve Levy scandal.
Legislator Jay Schneiderman (a political Independent) announced that he wishes to reanimate his proposed legislation to ban "pay to play" political contributions. Schneiderman's bill would impose fines and/or jail time for the tendering of contributions by County contractors and the acceptance of same by officials and candidates.
Legislator Jon Cooper, who co-sponsored Schneiderman's legislation in the past and is doing so again this time around, would go even further. Cooper wants to create a commission to oversee campaign finance in Suffolk County.
In an already overtaxed county, Cooper (a Democrat) seeks to add another governmental agency! This, in my view, is a cure worse than the disease.
Cooper's proposed solution is just so Democrat and Obama! Government bureaucracies cost taxpayer money! While some bureaucracies are needed, the excessive proliferation of bureaucracies is an engine of tyranny, and a menace to our personal freedoms.
What should be done is to add to Schneiderman's bill a provision to provide for the compensation of whistleblowers, or, perhaps, a False Claims Act type provision allowing private parties to initiate lawsuits against contractors and/or politicians who violate the law. This approach could use the existing bureaucratic infrastructure, and not create any new tax-guzzling bureaucratic apparatus.
Labels: Democrats, Politics, scandal, Steve Levy
Monday, December 21, 2009
Rhymes with Improper
Much has been posted in the blogosphere and beyond regarding this scandal, but I cannot help but wonder about the tax angle here. The alleged services provided by the mistress are, more often than not, provided in return for money, and, if so, the alleged transactions would be taxable events, to the pimp if not to the sex object herself.
I am informed that counsel has been retained. Such counsel (if indeed, he still is admitted to the practice of law) should include, among the pieces of advice, the implications of reporting or not reporting the taxable events on the tax return.
Tuesday, December 16, 2008
The Madoff Scandal
There is so much on the Internet about the Bernard Madoff scandal, and the story will likely persist for some time to come. We obviously haven't seen the worst of it yet.
1. If indeed Madoff was running a "Ponzi" type scheme, then, by definition, the later the scheme collapses, the greater the numbers of victims and dollars that are involved. Better it should fall apart now than a month from now.
2. I don't have any money directly invested with Madoff, but the effects on the market cannot help but affect my other investments.
3. A few of the affected investors, institutional and corporate, have evinced arrogant attitudes towards the public in general and/or me personally. Maybe, just maybe, this will inject into them a small quantum of humility.
Labels: arrogance, Bernard Madoff, humility, scandal
Wednesday, April 30, 2008
Black Hats on Empty Heads
Seems that the Jewish community in Lakewood, NJ, was duped by a man named Ted Floyd, who stole the identity of deceased veteran Nathaniel James Levi. Floyd/Levi has pleaded guilty of identity theft. The whole thing is now a big scandal in Lakewood.
With that in mind, the following Letter to the Editor of Yated Ne'eman has come to my attention [Yated Ne'eman, 13 Nissan 5768 / 18 April 2008, page 8]. The letter writer, who, like so many, does not give his real name, signs it as "A Yeshivaman in Lakewood." For the uninitiated, Yated Ne'eman is a publication directed towards the more insular elements of the religious Jewish community, many of whom object to the garbage in the common English language tabloids (a position certainly not without merit).
Yated Ne'eman recently began posting photos of the authors of its columns -- the male authors, at least; there are many who fear that pictures of females will cause men to have impure thoughts, so there are no pictures of women in Yated Ne'eman (though a few years ago, I did see an advertisement that featured a photo of the Statute of Liberty).
The essence of "Yeshivaman's" letter is that Yated Ne'eman's use of the author's photographs has a salutary effect because "The photos of the writers who pen the opinion and haskafa [rough Hebrew translation: Approach to life, world view, etc.] columns underscore the background of the writers. When we see the noble Bnei Torah who the Yated entrusts with the holy mission of conveying the ideals and outlook the Torah requires of us, we are assured that the message is as authentic as the messengers themselves."
English translation: Like so many in the Lakewood community, this "Yeshivaman" will blindly accept the authenticity of anyone who sports a beard and a black hat.
Which is exactly why Ted Floyd was able to pull one over on them!
Labels: Black hat, Lakewood, scandal, Ted Floyd, Yated Ne'eman, Yeshiva