Eliot Spitzer, the poster child for anti-business and
anti-individual liberty tactics using and abusing the power of his
office of Attorney General for the state of New York, has done it
again. Angry because H&R Block refused to cede several tens of
millions of dollars in settlement with him, Spitzer has sued the
tax preparer for $250 million. Why?
Because Block offers IRA savings programs for small and
first-time savers. Apparently New York's "Attorney General for the
Little Guy" doesn't like the "Little Guy" to have the freedom to
invest in small IRAs. (For more, see "Spitzer's Rotten Call" in
today's New York Post.)
topics:
Business
