Sorry to burst Republicans’ bubble, but the IRS was the brainchild of international banking.
The reporting of income creates a net from which ordinary Americans can escape, while international banking - having crafted the rules - is typically able to avoid the bulk of Income Tax.
Of course, the income tax collected by the Federal government is then spent according to the wishes of international banking.
International banking’s American office is Wall Street, so basically every publicly-held corporation is open to having its directorships filled with its minions, and this is true in most cases.
When Congress overspends (either on Federal employees, handouts to voters, or the businesses that international banking runs which generate hundreds of billions in annual sales), the money it borrows is arranged by Wall Street. The great threat posed to politicians is that if a Wall Street firm collapses, those Treasury bonds might not sell, thus the spending in Congressional districts would have to stop.
The great secret that international banking keeps on pain of death is that the Treasury need not borrow from them, but can simply print its own money, with which it could pay off existing bonds and spend as it wished. If too much were printed, there would be a public outcry, so the overspending would be much better controlled than in the current situation, where the Federal Reserve creates the money under a veil of secrecy, as well as a great deal of confusion about money versus debt, etc.
None of this is specific to the Obama administration or even Democrats.
Republican and Democrat politicians continue to have not only the Federal government, but also State and local governments borrow like there’s no tomorrow.
This lines the pockets of international banking, which deals in the “market” of government debt, uses it as collateral, etc., while simultaneously enslaves the population that does not have its own tax-exempt foundations and offshore corporations with the prospect of nothing but more taxes and less handouts for them.
This problem is NOT ONLY passed on to our children - that is disinformation designed to induce us to IGNORE it. The problem is OURS, as it WILL affect our own retirement, which is slated to be in the misery of abject poverty.
You can't post @ ZH, because that's like shipping coal to Newcastle. It's not like the thousands of readers there don't know exactly what you're talking about. Boring, old news.
Then there is FR, which is firmly ensconced in the throws of 'conservative porn', and will not look past cheering for the red team. Take a look at the comments all extolling the GOP's possible advantage. All off which will come to naught, other than to string along another generation of Charlie Browns once again trying to kick the football.
The solution is to keep it to yourself. Now that you know the truth, you don't need to muck around in disinformation. Use this knowledge to your advantage - attempting to reach others is either unneeded or ignored.
<.....”This problem is NOT ONLY passed on to our children - that is disinformation designed to induce us to IGNORE it. The problem is OURS, as it WILL affect our own retirement, which is slated to be in the misery of abject poverty”....>
Your post was a good read....thank you.