5 chapters across the catalog
A discussion on how the IRS can be used as a political tool to pressure non-profit organizations. The segment argues that the non-profit model is inherently risky for media organizations because it grants the government oversight and potential leverage over operations.
The show concludes with a musical parody of "It's Not Easy Being Green" and a montage of news reports regarding technical glitches at Target, the IRS, and London airports. The hosts sign off from Portugal and Silicon Valley.
John Dvorak describes a scam where fraudsters file false tax returns and have the refunds loaded onto blank credit cards purchased at retailers like Target. He expresses surprise that global elites are not moving more wealth into Bitcoin as a superior store of value compared to traditional offshore accounts. The segment concludes with a look at upcoming revelations in the streaming industry.
The hosts describe a prevalent scam involving the filing of fraudulent IRS tax returns to obtain refunds. Criminals use stolen Social Security numbers and request that refunds be direct-deposited onto untraceable prepaid debit cards purchased at retailers like Target. This method allows for anonymous cash withdrawals, making the fraud difficult to track.
The IRS apologized for inappropriately flagging conservative groups with names like "Tea Party" or "Patriot" for extra scrutiny. White House Press Secretary Jay Carney described the actions as "inappropriate" while emphasizing that the IRS is an independent agency, despite the President's past rhetoric against such groups.
