Swindles & Scams Aug 26 2010
CROCODILE HUNTERS
Star of Crocodile Dundee movies runs afoul of Aussie tax authorities.

Australian film star Paul Hogan, who charmed the cinema world twenty-four years ago playing Mick “Crocodile” Dundee, was in his native Australia for his mother’s funeral this week when he received another piece of bad news. Australian tax authorities had issued an order preventing the grieving star from leaving the country until he settles a bill for outstanding taxes. According to their records—and as we all know, the tax office’s records are the only ones that matter—Hogan owes on a whopping $38 million. Seems he relocated to Los Angeles shortly after his film franchise took off and never bothered to pay taxes in his native country. Authorities say he squirreled his cash away in offshore bank accounts. The exact amount they are demanding hasn’t been disclosed, but it’s safe to say this is going to be the biggest croc Hogan ever wrestled. 

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History Rewind
The headlines that mattered yesteryear.
June 22
1944—G.I. Bill Goes into Effect
U.S. president Franklin D. Roosevelt signs the Servicemen's Readjustment Act into law. Commonly known as the G.I. Bill of Rights, or simply G.I. Bill, the grants toward college and vocational education, generous unemployment benefits, and low interest home and business loans the Bill provided to nearly ten million military veterans was one of the largest factors involved in building the vast American middle class of the 1950s and 1960s.
June 21
1940—Smedley Butler Dies
American general Smedley Butler dies. Butler had served in the Philippines, China, Central America, the Caribbean and France, and earned sixteen medals, five of which were for heroism. In 1934 he was approached by a group of wealthy industrialists wanting his help with a coup against President Franklin D. Roosevelt, and in 1935 he wrote the book War Is a Racket, explaining that, based upon his many firsthand observations, warfare is always wholly about greed and profit, and all other ascribed motives are simply fiction designed to deceive the public.
June 20
1967—Muhammad Ali Sentenced for Draft Evasion
Heavyweight boxing champion Muhammad Ali, who was known as Cassius Clay before his conversion to Islam, is sentenced to five years in prison for refusing to serve in the military during the Vietnam War. In elucidating his opposition to serving, he uttered the now-famous phrase, “I ain’t got no quarrel with them Viet Cong.”
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