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CAPSULE COMMENTARY: “The I.R.S. Stealeth, Clinton Giveth”

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“President Clinton has announced that he is giving $78 million to Ukraine to help close the Chernobyl nuclear reactor. At about the same time, a study by Syracuse University disclosed that the Internal Revenue Service is cracking down on lowest-paid Americans. Is there a relationship? Well, the U.S. government does not have a fountain of wealth that enables Clinton to distribute largess to foreign government officials. It must first get the money from American taxpayers. That, of course, is the job of the IRS. So, financially strapped Americans are being squeezed so that Clinton can continue being a compassionate person who gives money to needy foreign politicians and bureaucrats. Oh, did I mention that a federal grand jury has just indicted the former prime minister of Ukraine for stealing public funds?”

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Jacob G. Hornberger is founder and president of The Future of Freedom Foundation. He was born and raised in Laredo, Texas, and received his B.A. in economics from Virginia Military Institute and his law degree from the University of Texas. He was a trial attorney for twelve years in Texas. He also was an adjunct professor at the University of Dallas, where he taught law and economics. In 1987, Mr. Hornberger left the practice of law to become director of programs at the Foundation for Economic Education. He has advanced freedom and free markets on talk-radio stations all across the country as well as on Fox News’ Neil Cavuto and Greta van Susteren shows and he appeared as a regular commentator on Judge Andrew Napolitano’s show Freedom Watch. View these interviews at LewRockwell.com and from Full Context. Send him email.