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Even limited government has a basic duty to defend against force and fraud. Some argue that force is somehow permissible just because the entity engaging in it is “economically significant.” But one could use this reasoning to prop up slavery. It could be deemed unfortunate but economically beneficial, and indeed these arguments have been used historically to deprive people of their liberty. But slavery should never be tolerated regardless of any economic benefit, just as systemic fraud should not be tolerated. Some banks on Wall Street should fail. Fannie and Freddie should fail. They are perpetrating fraud against the people. Yet, government insists on rewarding behavior which should instead be investigated, prosecuted, and punished.
Unfortunately, it seems we are headed into a new era of slavery, however, where all taxpayers will be forced to render to the Fed and big banking interests the bulk of the fruits of their labor, possibly through higher taxes but definitely through the eroding force of inflation.
Originally posted by mopusvindictus
Uhmmm I have to ask
When did the old Era of Tax Payer slavery end?
Last I checked this was just.... adding a few bales of cotton to my inventory list for the day.
We have been heisted not once but now twice: Once in the initial credit bubble and lending fraud scheme that CREATED this nightmare, and now yet AGAIN, as these VERY SAME fraud profiteers are not only NOT punished for their initial crimes that led to this mess, but are REWARDED it by having the equally fraudulent fed and big brother ROB THE TREASURY and saddle the struggling tax base with the bill!
LOL, good point. The crazy thing is, we've all been indoctrinated since our youngest years of learning that this is "normal" and "acceptable"---Work, work, work, pay, pay, pay into the system....Be a good little cog in the machine and keep toiling so that half of your check keeps feeding the system of never-ending greed of your rulers. "This is to be accepted, this is normal"....
I hope you succeed but my bet is your doomed and the republic so many were so proud is gone forever.
"The low-hanging fruit, ie idiots whose parents paid for prep school, Yale and then the Harvard MBA, was there for the taking," he wrote. "These people who were (often) truly not worthy of the education they received (or supposedly received) rose to the top of companies such as AIG, Bear Stearns and Lehman Brothers and all levels of our government," he said.
"All of this behaviour supporting the aristocracy only ended up making it easier for me to find people stupid enough to take the other side of my trades. God bless America."
Originally posted by toepick
I would LOVE to have the audio clip to that..someone must somewhere..it needs to go viral!