Originally posted by 1 4M 7H3 1
Yes, I have a few. If proper actions were to take place, eliminating all waste in government spending, would you still opt not to pay taxes, even if
means significantly reducing our constantly growing national debt? If you refuse to pay, would you view yourself as a patriotic citizen, and how would
the Founding Fathers consider that?
If the proper actions were taken, there would be no income tax, just as there was no income tax in the days of the founding fathers.
The national debt is a scam, it is not real at all, and is more of a measure of how much money has been stolen from the American people than a measure
of something that is owed.
Tell me, this money which is created as a loan - where does it come from? Whom is it that is so rich in this world that what is called the richest
country in the world is able to owe these trillions of dollars. WHOM is that money owed too?
You think China or something? Think again, no country is owed even a 1 trillion dollars.
The money that is "loaned" and created the debt in the first place gets it's value from the American people to being with. And then they charge
interest on it, which is never created.
It is impossible to pay off the debt
. You would run out of money before it was paid off.
Small example for you.
Lets keep it simple.
Lets say there is a total of $100 in the entire world. You own $10 of it. You have 10% of the worlds wealth. Lets say there are 20 widgets in
the world which can be bought.
Supply and demand dictates that each widget has a value of $5. 20 widgets X $5 each = $100. You have enough purchasing power
to buy 2
We will ignore the additional insult of interest for the moment. The fed comes in and creates $100 and adds it to the money supply. You now own
only 5% of the wealth. There are still 20 widgets, but now supply and demand dictates that each one has a value of $10. 20 X $10 = $200.
You just had half your purchasing power stolen from you, and they never touched your wallet. You can now only buy 1 widget instead of 2.
Meanwhile, who gets that newly created $100? Corporations. But who is actually expected to pay it back? The American people mostly, because
the corporations pay for their "end" by the services they supposedly render.
So, first they took your purchasing power(called the inflation tax) and gave it to someone else, bringing your quality of living down. Then they
have the nerve to say you must pay it back. There goes a good portion of the rest of your purchasing power, as part of the $10 you did have is now
going towards taxes. You can't even afford 1 widget anymore.
This hurts the poor the most. Because they are on fixed income. The price of milk and butter goes up, and they are unable to compensate. They
must do with less. It's a constant transfer of wealth from the rich to the poor.
It's called counterfeiting if you do it,it's legal for them. Organized crime isn't gone, it was legalized.
Now, thrown in a "reasonable" 5% interest on the loan. You now have to pay back not just the $100 that was created, but $105. So, in only 20
creations of the $100, the original money is completely gone and is owed back as well now. Any further money that is created is impossible to pay
back, there is not even enough money in circulation.
But it doesn't stop there. Much like a bad infomercial there is more. We haven't even gotten into fractional banking practices.
Because it doesn't actually take 20 creations to get that original $100, it takes only 2. How's that for a deal? Because the money first goes to
regional banks. Regional banks are allowed to loan out 9 times the money they actually have. So you give that bank $100, and they loan out another
$900. Wrap your mind around that. So, with the "reasonable" interest of 5%, $45 is already owed back in interest, along with the original $5.
Since the banks only have to keep a certain amount of cash for their loans, it's the reason they have "Banking runs". It use to be illegal, and
that is why they had banking runs, people would find out a bank was doing it and they would hurry up and try to get their money. So they legalized
it with the FDIC to come in and say - oh we will just give you the money in case(also btw, they have up to 99 years to actually pay you).
But there is a limit to how much money they can create, and you have a credit monster. Eventually the interest payments get to be so high, and there
is no money to pay it. So they have to keep adding new money into the system in order to pay previous interest money(why do you think those
trillians went to the banks?). But eventually that amount gets to be so much that you enter into hyperinflation and the value of the money is
nothing. Check out 1930's Germany, or current day Zimbabwe(everyone is a millionaire there).
So from time to time there is a "shakedown", money isn't created and debts are called in. And those who are selected of course are given whatever
is needed to continue. And the others lose their business, houses and so forth in order to reduce the amount of debt on the books etc. This is
called the business cycle.
The only reason you are ticked off is because you are clueless. And don't beat yourself up, you are hardly alone and I have only known about it a
few years myself. It's complicated stuff and they throw tons of other things on it to confuse you even more.
The founding fathers knew of this, and Franklin stated it was the
reason for the revolutionary war. THE
reason. To get away from the
Central Bank of England. The colonies had colonial scripts(google it). With this system they only issued money in direct porportion to trade.
If trade increased, then they increased reserves and such. This paid for government buildings and such and allowed for growth. If trade goes down,
they eat up the amount with other legal taxes. The point was to keep that widget costing you $10 the entire time. The extra money was not
created as a loan with interest, they knew where the value came from, so it was put into work for the people. This made england very mad, so they
started adding all sorts of extra taxes and such as punishment. And of course that escalated and so forth.
The federal reserve claims to do this, but why the loans and interest etc? They don't do it at all, it's putting the foxes in charge of the hen
The reason we do not have that today is because of the Continental dollar. If kept uncheck, you can still do the above thing and hyper inflate.
So they tied the money to gold and silver to keep it from happening again. It also meant that the people had to actually be behind a war, as they
had to actually pay for it up front and such. They why war efforts used to be efforts rather than watching it on the TV.
The founding fathers directly warned of this system. So I'm sorry,but being a patriot is not about waving the flag and blindly following the guy
with the flag pin. It's about educating yourself and standing up for what's right. And as long as they are going to claim to uphold the
constitution, I'm gonna stick it to them or make them show their hands even more and prove that the constitution isn't being followed.
Because they control where the money comes and goes, they decide what makes it and what doesn't. They with the companies decide who is worthy and
who is not. And what makes you worthy? Your ability to serve them as they wish.
Can't be capitalism when there is no capital. It's despotism and economic slavery.
I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to
control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will
deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken
from the banks and restored to the people, to whom it properly belongs." - Thomas Jefferson
Tell me that isn't exactly whats happened and what he warned of.
"In the beginning of a change, the Patriot is a scarce man, brave, hated and scorned. When his cause succeeds, however, the timid join him, for then
it costs nothing to be a Patriot." -Mark Twain
Notice everyone says "keep me posted"? Scarce indeed.
Check out the link in my sig.
[edit on 8/6/2009 by badmedia]