Pewaukee's King of Foreclosures Loses Bankruptcy Protection, Didn't Sign Recall Petition!!

I’ve started a new feature, beginning with this story, where I will begin using “Verify the Recall”...in reverse.

 
This Ayn Randian tale is about how greed and the free market philosophy can go terribly wrong:

jsonline: Saying Todd Brunner, the one-time king of the local foreclosure market, failed to disclose all of his assets and repeatedly blamed others for the collapse of his empire, U.S. Bankruptcy Court Judge James Shapiro on Monday threw out Brunner's bankruptcy filing. As a result, Brunner will have to deal with creditors whom he owes about $19 million without any of the protections given to debtors who reorganize their debts under Chapter 11 of the bankruptcy code.

Brunner, who lives in Pewaukee, owns about 200 properties, including 143 in Milwaukee. He owes back property taxes of about $2 million to a variety of municipalities including about $1.5 million to Milwaukee, records show. Brunner has not filed federal income tax returns since 2008 and said he would not be filing for 2011 by the April 15 deadline. "I'm always a year or two behind in my taxes," Brunner testified. The IRS says he owes more than $400,000.

Brunner is another success story in “conservative world,” a place where so many other people lose lots of their money to the Brunner like risk taking “job creators."

It should also be noted that Todd Brunner did not sign a recall Scott Walker petition, making him a freeloading, money owing supporter of our authoritarian one party rule in the state.