What Happened to the Millions of Dollars Raised by Standing Rock Protesters?
Over the past seven months, millions of dollars have poured into online crowdfunding accounts associated with the Standing Rock Sioux Tribe’s unjustified crusade against the Dakota Access Pipeline. To date, the violence-plagued protest has cost North Dakota taxpayers more than $33 million dollars, and diverted countless resources to assist local law enforcement.
Through February 14, over $13.5 million has reportedly been raised for the protesters through at least 350 different online accounts setup on sites like GoFundMe and FundRazr. While the list represents some of the more serious fundraising efforts, it's estimated that upwards of 20,000 individual campaigns exist, likely equating to millions in additional income.
So where is all of that money going? Nobody really knows.…[more]
Stop me if you've heard this before. It's a tragically recurring tale.
As an economic bubble gradually forms, everything appears to be going well. The tech sector. The housing sector. Healthcare. Then inevitably, the bubble becomes unsustainable, and bursts. A recession often ensues. Somehow everyone seems surprised, as if things were going to be different this time. We thought we had figured it out after the last bubble. Hadn't new laws been passed and new bureaucracies created to prevent this from happening again?
"Before Scott Pruitt was confirmed as the Environmental Protection Agency's new administrator, the New York Times reported agency staff fighting against his nomination. This is highly unusual and inappropriate. It shows not only how difficult his new job will be but also how necessary it is that he succeed. And it shows, too, how great a threat rogue bureaucracy can become to constitutional order.…[more]