Loading ...Your taxes have nothing to do with the government’s need for money
Submitted by cpowell on Wed, 2015-04-15 20:46. Section: Daily Dispatches
4:55 ET Wednesday, April 15, 2015
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Dear Friend of GATA and Gold:
As this is federal and state tax deadline day in the United States, it’s worth being reminded by Beardsley Ruml, the former chairman of the Federal Reserve Bank of New York and instigator of federal income tax withholding, that, in a fiat currency system, governments can create infinite money, that in doing so they are limited only by potential debasement of the currency, and that taxes thereby have nothing to do with raising revenue but rather are instruments of social policy and control.”
I repeated that TAXES were simply a way to fool the Public since currency is backed by nothing.Its also a way of Punishing your Political enemys using the IRS .TAXES are a way of Punishing Productive people in favor of the Parasites.
Another miscarrage is Hillarys sell out to Goldman Sachs by hiring Gensler …SHES for SALE to the Highest bidder just like Bill was.Bill was so corrupt he endorsed NAFTA and sold out American Wage earners to foreigners cheap labor all under the guise of trade ..He gave blacks more competition from cheap foreign Labor so as to keep them enslaved to the Democrats for handouts and their VOTES !.The Dems are modern day Slave Masters.Clintons escapades made the US vulnerable to blackmale by Israel ,that forced congress to expose the Lewinsky affair to avoid blackmail.You remember it was another Jewish gal that told Monica not to wash or Launder the dress ….that was a GOTCHA for Israel.Clinton was at fault for most of todays financilal problems especially interest RATES.
His Treasury Secretary RUBIN refinanced most of the US debt SHORT TERM in order to make a PHONY BALANCED budget ..He lowered the Interest cost to Government by billions ,BUT BUT debt that could have been paid down slowly thirty years hence would now be vulnerable to interest RATE rises withen one year .THATS why we have todays conundrum of doubling the debt in one year with a simple one per cent rate rise .THATS why OBAMA is desperate for TAX increases also he’s too stupid to realize he can just print the money or he’s too politically smart since he can punish his political enemys with TAXES all of this caused by Clinton and his Treasury Sec. RUBIN.
THE Clintons was a disaster for this Country .They accepted money from Communists to get through college and sold out American interests as PAYBACK and it continues to this day….Don’t blame Obama for everything ,he’s just a simple communist….