Tag: taxes

The FBI is spending millions on social media tracking software

Social media users seemed to foreshadow the Jan. 6 attack on the U.S. Capitol — and the FBI apparently missed it. 

Now, the FBI is doubling down on tracking social media posts, spending millions of dollars on thousands of licenses to powerful social media monitoring technology that privacy and civil liberties advocates say raise serious concerns.

The FBI has contracted for 5,000 licenses to use Babel X, a software made by Babel Street that lets users search social media sites within a geographic area and use other parameters.

The contract began March 30 and is worth as much as $27 million. The FBI has already agreed to pay an IT vendor around $5 million for the first year of the contract, procurement records indicate. The contract has not previously been reported.

The Justice Department has previously had Babel X in its arsenal, contracting records show. But the new contract appears to be by far the most the agency has ever shelled out for the software, and is one of the largest contracts for the software by a civilian agency, experts said.

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Secret Service is renting $30,000-a-month Malibu mansion to protect Hunter Biden, ABC News reports

Hunter Biden, President Biden’s remaining son, is living in a rented four-bedroom “resort-style” home in Malibu, California, and the nearest property his Secret Service detail could secure was a $30,000-a-month six-bedroom mansion with ocean views and a “castle-like tower to the master retreat with wet bar,” ABC News reports, citing the mansion’s listing and sources familiar with the matter. 

That’s “the cost of doing business for the Secret Service,” former agent Don Mihalek told ABC News. “Typically, wherever a protectee sets up their residence, the Secret Service is forced to find someplace to rent nearby at market value,” he added. “The Service has had to do this in past administrations, and unfortunately, the housing market right now has driven the prices.”

“The cost of protecting first families has raised eyebrows in the past,” ABC News notes. “In the first year of Donald Trump’s presidency, the Secret Service requested $60 million of additional funding to protect Trump and his family, with about $27 million of that going to protecting them at their private residency at the Trump Tower in New York City,” and the Secret Service paid at least $1.2 million at various Trump properties while protecting the Trump family, including $17,000 a month for a cottage at Trump National Golf Club in New Jersey, The Washington Post found. 

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Billionaires Taking $1.01 Billion from Taxpayers to Finance a Football Stadium — Distracting You is Expensive

“Heavy physical work, the care of home and children, petty quarrels with neighbors, films, football, beer, and above all, gambling filled up the horizon of their minds. To keep them in control was not difficult….”

― George Orwell, 1984

It’s no secret that the federal government has little restraint about using taxpayer dollars for non-essential initiatives and projects. One venture, in particular, continuously shouldered by taxpayers is the building, maintaining, and renovating of sports stadiums. These stadiums are often built with the help of federal subsidies as well as funding through state and local taxes. This issue is not new, as study of subsidized stadiums by the Department of Economics at the College of the Holy Cross noted that “construction costs alone for major league professional sports facilities have totaled in excess of $30 billion in nominal terms over the past two decades with over half of the cost being paid by the public.”

Of course, there is absolutely nothing wrong with watching sports. However, it has become far more than just a game in this country. It is used to promote militarism, divide, and serve as bread and circus while the empire spreads across the globe. As the study mentions above, all of this comes with a hefty price tag too. Americans are quite literally financing their own distraction. 

As Reason magazine reported this week, if approved by the New York legislature, the New York Bills’ taxpayer-funded stadium would be the biggest public handout in NFL history.

State and local taxpayers will contribute about $850 million toward the estimated $1.4 billion stadium project. Most of the public funds are coming from the state but Erie County, where the Bills’ new stadium will be built down the street from their current home, will contribute $250 million of the total. That’s a huge contribution from a local government that in 2021 spent a little more than $1.5 billion on its entire budget. The Bills owners, which include multi-billionaire Terry Pegula, are chipping in just $300 million while the NFL will cover the remaining $200 million with a loan to the team, according to the Times.

“It’s a great day for western New York and I’m really proud to negotiate such a good deal for the state and our many, many fans,” New York Gov. Kathy Hochul said, according to the Associated Press.

While the sticker price for taxpayers is just $850 million on the surface, Neil deMause at Field of Schemes reminds us that the county — funded by taxpayers — will spend $75 million out of this year’s budget, and bond out the other $175 million and pay it back later. What’s more, the taxpayers are on the hook for another $6 million a year, for 30 years for a “Capital Improvement Fund” which will be used to upgrade the stadium for the next 30 years, plus an unknown additional amount of money from the county; and $6.67 million a year in state money for 15 years toward a “maintenance and repair fund.”

As deMause points out, “without counting that undetermined county expense on future upgrades, that’s worth about another $160 million in present value, bringing the total public subsidy to $1.01 billion — pretty much exactly what Hochul and Erie County Executive Mark Poloncarz swore last week it was not.”

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LA Spends Billions to House a Fraction of Homeless Population

According to watchdog group Open the Books, the city of Los Angeles dedicated $1.2 billion in 2016 to try and fight homelessness through building affordable housing units. 

Since the program was approved, about 1,200 units have been completed – with some units costing taxpayers over $700,000 each, according to a city audit. One project currently underway is estimated to cost almost $837,000 per unit.

“The plan was to get the homeless people in Los Angeles into permanent housing to get them off the street and make no mistake, Los Angeles has a big problem when it comes to the homeless,” said Open The Books’ Adam Andrzejewski to The National Desk’s Jan Jeffcoat. “In 2016, that $1.2 billion ordinance passed. It was a bond proposal for permanent housing for the homeless. And today, there are more people that are unhoused than ever before in the city of Los Angeles.”

While the homelessness crisis continues, Andrzejewski said a “bureaucratic culture” sprung up in the city.

“In city government, there are about 750 employees dedicated to housing and community development, and the top employee in that department makes more than a White House cabinet official,” said Andrzejewski.

According to polling by The Los Angeles Times and the L.A. Business Council Institute, nearly 40% of voters in the city feel “signi​ficantly unsafe”due to homelessness in their neighborhoods.

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US Provides $300 Million More in Security Assistance to Ukraine, Including Military Equipment

The Pentagon announced on April 1 that it will provide up to $300 million more in security assistance to Ukraine in military equipment amid Russia’s invasion.

The funds will be provided under authority granted to the Pentagon by the Ukraine Security Assistance Initiative (USAI), which was created in 2015 in response to Russia’s annexation of Crimea.

“This decision underscores the United States’ unwavering commitment to Ukraine’s sovereignty and territorial integrity in support of its heroic efforts to repel Russia’s war of choice,” Pentagon press secretary John Kirby announced.

According to the department, capabilities in the latest package include laser-guided rocket systems, tactical secure communications systems, unmanned aircraft, armored vehicles, machine guns, ammunition, medical supplies, and other equipment.

Kirby said the new package “represents the beginning of a contracting process to provide new capabilities” to Ukraine, rather than delivering equipment drawn from U.S. military stockpiles.

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