Congressman calls for the Abolishment of Income Taxes!

DennisTate · Aug 18, 2022

Is Income Tax something like a Practical Joke being played on Americans and Canadians?

Is income tax a method of punishing people who are productive and effective and end up owning their own companies and farms and homes?????

Is Income Tax a method being used by the people who believe in Malthusian Catastrophe Theory?

I am of the belief that a powerful case can be presented for this.....
and the fact that so few economists will write and speak about the many elephants in the room is evidence that something like a practical joke is being played on Americans and Canadians!!!

At this link I see a Meme that has a huge amount of truth in it....
"END: INCOME TAX
The fine you pay for the crime of being productive and useful."

https://andrewi.substack.com/p/cong...ent?utm_source=substack&utm_medium=email#play

CONGRESSMAN CALLS FOR THE ABOLISHMENT OF INCOME TAXES~!
RISE OF THE AMERICA FIRST PARTY AS CHENEY LOSES~!

Andrew Zebrun III
13 hr ago

We need to understand the President Abraham Lincoln Monetary Policy Experiment in order to understand the full scope of how insightful this question really is.

DennisTate · Aug 18, 2022

In my opinion one of the most easily understood articles on this topic has been written by three Canadian economists.

The Bank of Canada Must Finance our Country, Debt-Free
on Wednesday, 01 March 1995. Posted in In This Age of Plenty (book)

In this age of plenty - Appendix B

(Introduction and comments by Alain Pilote.)

By Harold Chorney, John Hotson and Mario Seccareccia:

“Governments these days find it easy to defend cuts in services and programs. All they have to do is point to their annual deficits and their total accumulated debts. (As of March, 1994, Canada's public debt was about $546 billion.) This public debt provides the politicians with a convenient excuse for cutting spending or raising taxes. Or both. “We're broke”, they tell us plaintively. “We can't afford to increase public services, or even keep them at their present level.”

A lesson from the War

“As the deep recession dragged into 1992, Finance Minister Don Mazankowski said he couldn't do anything about it. His hands were tied, he said. The federal government was broke. The cupboard was bare. The deficit and accumulated national debt were so enormous that his first priority had to be to reduce them — even if that meant prolonging the recession and making it even worse.

“So his budget contained almost nothing to revive the sick economy. With interest payments on the debt gobbling up one-third of tax revenue, his response was to keep taxes high and axe more public services and agencies. Like Martin Luther before him, Mazankowski in effect proclaimed: «Here stand I. I cannot do otherwise.

“But it doesn't take an economist to see that in fact he could. All you have to do is imagine what the government would do if it got involved in another Gulf War — or if that war were still raging. Would the Finance Minister have brought down the same kind of budget? Would he have said, «We'd like to keep on fighting, but we're broke, so we're calling our troops back»? Not on your life!

“Did Canada surrender half way through World War II because the national debt had grown even larger than the Gross Domestic Product (GDP)? Of course not! Somehow the extra money was found. If it wasn't by raising taxes or borrowing from the private banks, why, the Bank of Canada simply created all the money the government needed — and at near-zero interest rates, too!

“When World War II ended, the national debt relative to the national income was more than twice as large as it is now. But was the country ruined? Did we have to declare national bankruptcy? Far from it! Instead, Canada's economy boomed and the country prospered for most of the post-war period.”

The Bank of Canada has failed in its duty

“Why isn't the same thing happening today? Why was a much larger national debt shrugged off in 1945, while today's much smaller debt (as a percentage of GDP) is being used as an excuse to let the economy stagnate?

“The answer can be found at the Bank of Canada. During the war, and for 30 years afterward, the government could borrow what it needed at low rates of interest, because the government's own bank produced up to half of all the new money. That forced the private banks to keep their interest rates low, too.

“Since the mid-1970s, however, the Bank of Canada, with government consent, has been creating less and less of the new money, while letting the private banks create more and more. Today «our» bank creates a mere 2% of each year's new money supply, while allowing the private banks to gouge the government — and of course you and me, as well — with outrageously high interest rates. And it is these extortionate interest charges that are the principal cause of the rapid escalation of the national debt. If the federal government were paying interest at the average levels that prevailed from the 1930s to the mid-1970s, it would now be running an operating surplus of about $13 billion!”

The updated version (January, 1996) of the pamphlet expresses the same ideas:

“The Bank of Canada was established in 1935 by an Act of Parliament. In its legislative mandate, it is directed to promote economic growth and employment, as well as preserving the value of the Canadian dollar.

“Shortly after the Bank opened its doors, it was faced with the bankruptcy of provincial governments due to the Depression. Interpreting its mandate widely, as it is supposed to do, it made precedent-setting loans to restore the finances of Manitoba. Generous loans to other provinces followed.

“World War II found Canada ready and determined to act in the Allied cause. The war effort of the federal government was financed through enormous deficits and very low interest rates brought about by the Bank of Canada. At war's end, the national debt stood at about 120% of Gross Domestic Product (GDP), nearly double the level of today. Yet Canada went on to enjoy the greatest period of economic growth in its history...

“(Now) the Bank of Canada has decided that any government spending not financed by taxation is inflationary, so it no longer extends credit to the government by holding bonds and Treasury bills. Its small holdings of government debt are confined to the banknotes needed by the economy for currency in circulation...” (End of 1996 updated version's excerpts.)

Interest rates and inflation

Click to expand...

I do believe that the world is now facing a possible Bear Market, another 1929 and if all of us are unwilling to write and speak about the elephants in the room in terms of economics......
then the whole world is in a lot of trouble.

We need to understand what happened from 1861 to 1887 to understand what is happening now in 2022!

https://www.michaeljournal.org/arti...story-of-banking-control-in-the-united-states

Abraham Lincoln is assassinated
Abraham Lincoln
Abraham Lincoln was elected President of the United States in 1860, under the promise of abolishing the slavery of the blacks. Eleven southern States, favourable to the human slavery of the black race, then decided to secede from the Union, to withdraw from the United States of America: that was the beginning of the Civil War (1861-1865). Lincoln, being short of money to finance the North’s war effort, went to the bankers of New York, who agreed to lend him money at interest rates varying from 24 to 36 percent. Lincoln refused, knowing perfectly well that this was usury and that it would lead the United States to ruin. But his money problem was still not settled!

His friend in Chicago, Colonel Dick Taylor, came to his rescue and put the solution to him: "Just get Congress to pass a bill authorizing the printing of full legal tender treasury notes, and pay your soldiers with them, and go ahead and win your war with them also."

This is what Lincoln did, and he won the war: between 1862 and 1863, in full conformity with the provisions of the U.S. Constitution, Lincoln caused $450 million of debt-free Greenbacks to be issued, to conduct the Civil War. (These Treasury notes were called "Greenbacks" by the people because they were printed with green ink on the back.)

Lincoln said: "Government, possessing the power to create and issue currency and credit as money, and enjoying the right to withdraw both currency and credit from circulation by taxation and otherwise, need not and should not borrow capital at interest as the means of financing governmental work and public enterprise… The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is the Government’s greatest creative opportunity."

Lincoln called the Greenbacks "the greatest blessing the American people have ever had." A blessing for all, except for the bankers, since it was putting an end to their racket, to the theft of the nation’s credit and issuing interest-bearing money. So they did everything possible to destroy these Greenbacks and sabotage Lincoln’s work. Lord Goschen, spokesman of the Financiers, wrote in theLondon Times (Quote taken from Who Rules America by C. K. Howe, and reproduced in Lincoln Money Martyred by Dr. R. E. Search):

"If this mischievous financial policy, which has its origin in North America, shall become indurated down to a fixture, then that Government will furnish its own money without cost. It will pay off debts and be without a debt. It will have all the money necessary to carry on its commerce. It will become prosperous without precedent in the history of the world. That Government must be destroyed, or it will destroy every monarchy on the globe." (The monarchy of the money lenders.)

First, in order to cast discredit on the Greenbacks, the bankers persuaded Congress to vote, in February of 1862, the "Exception Clause", which said that the Greenbacks could not be used to pay the interest on the national debt, nor to pay taxes, excises, or import duties. Then, in 1863, having financed the election of enough Senators and Representatives, the bankers got the Congress to revoke the Greenback Law in 1863, and enact in its place the National Banking Act. (Money was then to be issued interest-bearing by privately-owned banks.)

This Act also provided that the Greenbacks should be retired from circulation as soon as they came back to the Treasury in payment of taxes. Lincoln heatedly protested, but his most urgent objective was to win the war and save the Union, which obliged him to put off till after the war the veto he was planning against this Act and the action he was to take against the bankers. Lincoln nevertheless declared:

"I have two great enemies, the Southern army in front of me and the bankers in the rear. And of the two, the bankers are my greatest foe."

Lincoln was re-elected President in 1864, and he made it quite clear that he would attack the power of the bankers, once the war was over. The war ended on April 9, 1865, but Lincoln was assassinated five days later, on April 14. A tremendous restriction of credit followed, organized by the banks: the currency in circulation in the country, which was, in 1866, $1,907 million, representing $50.46 for each American citizen, had been reduced to $605 million in 1876, representing $14.60 per capita. The result: in ten years, 56,446 business failures, representing a loss of $2 billion. And as if this was not enough, the bankers reduced the per capita currency in circulation to $6.67 in 1887!

......
(Alain Pilote, The History of Banking Control in the United States)
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DennisTate · Aug 18, 2022

In my opinion Economist Milton Friedman set the stage for the next logical step......
a Basic Minimum Income Supplement that is equal to all American citizens and legal residents no matter what their income is.....
and it must be financed exactly like the President Abraham Lincoln Greenback Monetary Policy Experiment.......

During the Civil War there was inflation because the most productive workers had been taken off the farms and out of the stores and out of whatever factories existed at that time and instead
were being paid to shoot muzzle loaders, cannons and other weapons at each other....... so with more money going into the economy than stuff being produced... there was inflation but.....

at least President Lincoln's Greenback Monetary Experiment did save American taxpayers FOUR BILLION DOLLARS IN INTEREST PAYMENTS!!!!

http://www.cidpusa.org/lincoln_JFK.htm

During the Civil War (1861-1865), President Lincoln needed money to finance the War from the North. The Bankers were going to charge him 24% to 36% interest. Lincoln was horrified and went away greatly distressed, for he was a man of principle and would not think of plunging his beloved country into a debt that the country would find impossible to pay back.

Eventually President Lincoln was advised to get Congress to pass a law authorizing the printing of full legal tender Treasury notes to pay for the War effort. Lincoln recognized the great benefits of this issue. At one point he wrote:

"... (we) gave the people of this Republic the greatest blessing they have ever had -- their own paper money to pay their own debts..."

Lincoln printed 400 million dollars worth of Greenbacks (the exact amount being $449,338,902), money that he delegated to be created, a debt-free and interest-free money to finance the War. It served as legal tender for all debts, public and private. He printed it, paid it to the soldiers, to the U.S. Civil Service employees, and bought supplies for war.
Shortly after that happened, "The London Times" printed the following: "If that mischievous financial policy, which had its origin in the North American Republic, should become indurated down to a fixture, then that Government will furnish its own money without cost. That govern-ment must be destroyed, or it will destroy every monarchy on the globe." In retaliation

After this was published in "The London Times", the British Government, which was controlled by the London and other European Bankers, moved to support the Confederate South, hoping to defeat Lincoln and the Union, and destroy this government which they said had to be destroyed.

The Czar of Russia sent a portion of the Russian navy to the United States with orders that its admiral would operate under the command of Abraham Lincoln. These ships of the Russian navy then became a threat to the ships of the British navy which had intended to break the blockade and help the South.

The North won the War, and the Union was preserved. America remained as one nation.

Of course, the Bankers were not going to give in that easy, for they were determined to put an end to Lincoln's interest-free, debt-free Greenbacks. He was assassinated by an agent of the Bankers shortly after the War ended.

Thereafter, Congress revoked the Green-back Law and enacted, in its place, the National Banking Act. The national banks were to be privately owned and the national bank notes they issued were to be interest bearing. The Act also provided that the Greenbacks should be retired from circulation as soon as they came back to the Treasury in payment of taxes.

In 1972, the United States Treasury Department was asked to compute the amount of interest that would have been paid if that 400 million dollars would have been borrowed at interest instead of being issued by Abraham Lincoln. They did some computations, and a few weeks later, the United States Treasury Department said the United States Government saved 4 billion dollars in interest because Lincoln had created his own money.

The Federal Reserve Act

There were changes in the money and banking laws for the next fifty years. Finally, in 1913, the Bankers were able to get their Federal Reserve Act passed through Congress which replaced the National Banking Act that had earlier replaced the Greenback Law. If the Government would have continued the policy of Abraham Lincoln, the warnings given in "The London Times" would have come to pass. America would be a debt-free nation, the most prosperous in the world. And the brains and the wealth of the world would have come to America.

But with this Federal Reserve Act being passed, Congress gave up Its power to create its own money that it was given in the United States Constitution, and gave this power over to private Bankers who called themselves the Federal Reserve. The Bankers had achieved their ultimate goal, for now the United States operated under a central bank that was privately owned. They now had the power to run the country by controlling the creation of the money, and were free to charge the interest they so desired." (MELVIN SICKLER, LINCOLN, KENNEDY).
Click to expand...

EVERYTHING THAT HAS BEEN DONE BY BIDEN AND TRUDEAU OVER THESE PAST TWO YEARS WAS DONE TO DECREASE PRODUCTIVITY....... BECAUSE THAT IS THE ONLY WAY TO CREATE HYPER - INFLATION AND DESTROY THE MODERN ECONOMY!!!!!!!

Do Biden's advisors and Trudeau's advisors seem to want to crash the markets?

DennisTate said: ↑

Printing a lot of extra money will not of and by itself produce hyper-inflation.....

you also need to DECREASE PRODUCTIVITY......

paying people more who do nothing......and hammering away at the twenty percent of the population who do eighty percent of the most valuable work with higher and higher and higher levels of taxation.......
is a good way to set the stage for hyper-inflation......
and both Biden as well as Trudeau have been doing that for these past two years.
Click to expand...

?
Do Biden's advisors want to create an economic crisis?

No
4 vote(s)
44.4%

*
Yes
5 vote(s)
55.6%

I certainly hope not????
0 vote(s)
0.0%

I hope so... because I know how to invest no matter which way this goes!
0 vote(s)
0.0%

Change Your Vote

I am truly glad that forty four percent of posters to political forum can see what is happening!!!!!

WhoDatPhan78 · Aug 18, 2022

DennisTate said: ↑

Is Income Tax something like a Practical Joke being played on Americans and Canadians?

Is income tax a method of punishing people who are productive and effective and end up owning their own companies and farms and homes?????

Is Income Tax a method being used by the people who believe in Malthusian Catastrophe Theory?

I am of the belief that a powerful case can be presented for this.....
and the fact that so few economists will write and speak about the many elephants in the room is evidence that something like a practical joke is being played on Americans and Canadians!!!

At this link I see a Meme that has a huge amount of truth in it....
"END: INCOME TAX
The fine you pay for the crime of being productive and useful."

https://andrewi.substack.com/p/cong...ent?utm_source=substack&utm_medium=email#play

CONGRESSMAN CALLS FOR THE ABOLISHMENT OF INCOME TAXES~!
RISE OF THE AMERICA FIRST PARTY AS CHENEY LOSES~!

Andrew Zebrun III
13 hr ago

We need to understand the President Abraham Lincoln Monetary Policy Experiment in order to understand the full scope of how insightful this question really is.
Click to expand...

If you are making money from a business then you are profiting because the government has created infrastructure and educated your employees.

If there was no government, there wouldn't be many people making money from small businesses. People wouldn't even be able to get to your business without the roads.

Turtledude · Aug 18, 2022

WhoDatPhan78 said: ↑

If you are making money from a business then you are profiting because the government has created infrastructure and educated your employees.

If there was no government, there wouldn't be many people making money from small businesses. People wouldn't even be able to get to your business without the roads.
Click to expand...

income tax was not necessary for the creation of the roads etc. You confuse no government with no income tax, the main purpose of the income tax was to create extra-constitutional powers for congress, not to efficiently raise revenue. Read the legislative history concerning the income tax-when one senator noted that a NST would be far more efficient, an income tax proponent admitted that it would be-but it would not give the government near the power over the public

WhoDatPhan78 · Aug 18, 2022

Turtledude said: ↑

income tax was not necessary for the creation of the roads etc. You confuse no government with no income tax, the main purpose of the income tax was to create extra-constitutional powers for congress, not to efficiently raise revenue. Read the legislative history concerning the income tax-when one senator noted that a NST would be far more efficient, an income tax proponent admitted that it would be-but it would not give the government near the power over the public
Click to expand...

How many roads suitable for cars were built before the income tax?

Junkieturtle · Aug 18, 2022

Hey sounds great! Look at all those successful 1st world countries out there who don't have taxes! Lets be like them!

Turtledude · Aug 18, 2022

WhoDatPhan78 said: ↑

How many roads suitable for cars were built before the income tax?
Click to expand...

what pays for the creation of roads?

Turtledude · Aug 18, 2022

Junkieturtle said: ↑

Hey sounds great! Look at all those successful 1st world countries out there who don't have taxes! Lets be like them!
Click to expand...

you seem confused-we are talking about progressive income taxes that are designed to allow congress to play voters against each other. Income taxes are political candy because the pimps in office can promise the masses all sorts of goodies by claiming only the"rich" will suffer tax increases

WhoDatPhan78 · Aug 18, 2022

Turtledude said: ↑

what pays for the creation of roads?
Click to expand...

Right now? Pretty sure it's mostly the gas tax.

The gas tax didn't create the interstate HWY system though. The federal government funded it. The gas tax was put on to pay for it over time, but that initial money wasn't there.

Junkieturtle · Aug 18, 2022

Turtledude said: ↑

you seem confused-we are talking about progressive income taxes that are designed to allow congress to play voters against each other. Income taxes are political candy because the pimps in office can promise the masses all sorts of goodies by claiming only the"rich" will suffer tax increases
Click to expand...

I'm not opposed to tax reform or even getting rid of the income tax altogether as long as the government still has the money necessary to run a country of this size.

Turtledude · Aug 18, 2022

Junkieturtle said: ↑

I'm not opposed to tax reform or even getting rid of the income tax altogether as long as the government still has the money necessary to run a country of this size.
Click to expand...

at least half the stuff the federal government spends on is not properly constitutional and is unneeded but I agree with your sentiment

Overitall · Aug 18, 2022

Turtledude said: ↑

at least half the stuff the federal government spends on is not properly constitutional and is unneeded but I agree with your sentiment
Click to expand...

Government waste has been a topic of discussion for decades and yet here we still are. I've always been in favor of a flat rate tax basis. It's the one clear and simple way to make sure everyone pays their "fair share". Of course along with that all loop holes would have to be eliminated. The rich love their loop holes.

modernpaladin · Aug 18, 2022

The law firms that legislators hire to write the tax code are the same law firms that corporations hire to find them loopholes and exemptions from paying taxes. The result is a tax code so long and complicated that very few know how it actually works. So long as this remains the case, taxes will continue to be used to consolidate wealth away from those who are not wealthy and corrupt.

RoanokeIllinois · Aug 18, 2022

It's a hard question to answer. It's hard to answer, because, to me, the vast majority of politicians, at least in America, use taxes for their parties own Agenda.

Also, to line their pockets on both sides of the spectrum. They waste hundreds of billions of dollars doing things, that the American people aren't for, but merely for their Agenda.

At the same time, we have a two party system, and both parties are corrupt to some degree.
They're not going to allow a 3rd party system in. Some have tried. Part of the problem is that even 3rd parties are already backed by one or the other party. so it's pretty much, pointless.

If there were some pureer way of doing things, I'd possibly be for it, when it came to taxes anyways. Making taxes go to certain things first, and foremost, I think should be a top priority and put into law, to where no body can touch that money, not any politician in America. it must first go directly to certain things like roads, and public schools, and certain other things that are needed.

DennisTate · Aug 18, 2022

WhoDatPhan78 said: ↑

If you are making money from a business then you are profiting because the government has created infrastructure and educated your employees.

If there was no government, there wouldn't be many people making money from small businesses. People wouldn't even be able to get to your business without the roads.
Click to expand...

Well said.... but President Lincoln embarked on an experiment in Monetary Policy that proved that
an even better way was possible than anything that had been done before the method that he used to finance waging the Civil War.

Money is like BLOOD in an economy.....
without money flowing the economy dies......
but the Abraham Lincoln experiment proves that an Unconditional Basic Minimum Income could be created for all citizens and legal residents. Seven hundred and seventy seven per person per month has a nice ring to it.

This is Unconditional and would mean that extra spending by all households would create much more demand for labour. The wealthiest people want a different situation where a hundred or more people apply for three jobs.

https://www.michaeljournal.org/articles/politics/item/abraham-lincoln-and-john-f-kennedy

Abraham Lincoln
During the Civil War (1861-1865), President Lincoln needed money to finance the War from the North. The Bankers were going to charge him 24% to 36% interest. Lincoln was horrified and went away greatly distressed, for he was a man of principle and would not think of plunging his beloved country into a debt that the country would find impossible to pay back.

Eventually President Lincoln was advised to get Congress to pass a law authorizing the printing of full legal tender Treasury notes to pay for the War effort. Lincoln recognized the great benefits of this issue. At one point he wrote:

“... (we) gave the people of this Republic the greatest blessing they have ever had – their own paper money to pay their own debts...”

The Treasury notes were printed with green ink on the back, so the people called them “Greenbacks”.

Lincoln printed 400 million dollars worth of Greenbacks (the exact amount being $449,338,902), money that he delegated to be created, a debt-free and interest-free money to finance the War. It served as legal tender for all debts, public and private. He printed it, paid it to the soldiers, to the U.S. Civil Service employees, and bought supplies for war.

Shortly after that happened, “The London Times” printed the following: “If that mischievous financial policy, which had its origin in the North American Republic, should become indurated down to a fixture, then that Government will furnish its own money without cost. It will pay off debts and be without a debt. It will have all the money necessary to carry on its commerce. It will become prosperous beyond precedent in the history of the civilized governments of the world. The brains and the wealth of all countries will go to North America. That government must be destroyed, or it will destroy every monarchy on the globe.”

The Bankers obviously understood. The only thing, I repeat, the only thing that is a threat to their power is sovereign governments printing interest-free and debt-free paper money. They know it would break the power of the international Bankers.

In retaliation
After this was published in "The London Times", the British Government, which was controlled by the London and other European Bankers, moved to support the Confederate South, hoping to defeat Lincoln and the Union, and destroy this government which they said had to be destroyed.

They were stopped by two things. First, Lincoln knew the British people, and he knew that Britain would not support slavery, so he issued the Emancipation Proclamation, which declared that slavery in the United States was abolished. At this point, the London Bankers could not openly support the Confederacy because the British people simply would not stand for their country supporting slavery.

Second, the Czar of Russia sent a portion of the Russian navy to the United States with orders that its admiral would operate under the command of Abraham Lincoln. These ships of the Russian navy then became a threat to the ships of the British navy which had intended to break the blockade and help the South.

The North won the War, and the Union was preserved. America remained as one nation.

Of course, the Bankers were not going to give in that easy, for they were determined to put an end to Lincoln's interest-free, debt-free Greenbacks. He was assassinated by an agent of the Bankers shortly after the War ended.

Thereafter, Congress revoked the Greenback Law and enacted, in its place, the National Banking Act. The national banks were to be privately owned and the national bank notes they issued were to be interest bearing. The Act also provided that the Greenbacks should be retired from circulation as soon as they came back to the Treasury in payment of taxes.

In 1972, the United States Treasury Department was asked to compute the amount of interest that would have been paid if that 400 million dollars would have been borrowed at interest instead of being issued by Abraham Lincoln. They did some computations, and a few weeks later, the United States Treasury Department said the United States Government saved 4 billion dollars in interest because Lincoln had created his own money. So you can about imagine how much the Government has paid and how much we owe solely on the basis of interest.

The Federal Reserve Act
There were changes in the money and banking laws for the next fifty years. Finally, in 1913, the Bankers were able to get their Federal Reserve Act passed through Congress which replaced the National Banking Act that had earlier replaced the Greenback Law. If the Government would have continued the policy of Abraham Lincoln, the warnings given in “The London Times” would have come to pass. America would be a debt-free nation, the most prosperous in the world. And the brains and the wealth of the world would have come to America.

But with this Federal Reserve Act being passed, Congress gave up Its power to create its own money that it was given in the United States Constitution, and gave this power over to private Bankers who called themselves the Federal Reserve. The Bankers had achieved their ultimate goal, for now the United States operated under a central bank that was privately owned. They now had the power to run the country by controlling the creation of the money, and were free to charge the interest they so desired.

As Mayer Anselm Rothschild once said: “Permit me to issue and control the money of a nation, and I care not who makes its laws...”

John F. Kennedy
No United States president since Abraham Lincoln dared to go against the system and create his own money, as many of these so-called elected presidents were actually only instruments or puppets of the Bankers. That is until President John F. Kennedy came into office.

President Kennedy was not afraid to “buck the system”, for he understood how the Federal Reserve System was being used to destroy the United States. As a just and honorable man, he could not tolerate such a system, for it smelled corruption from A to Z. Certainly he must have known about the Greenbacks which Abraham Lincoln created when he was in office.

On June 4th, 1963, President Kennedy signed a presidential document, called Executive Order 11110, which further amended Executive Order 10289 of September 19th, 1951. This gave Kennedy, as President of the United States, legal clearance to create his own money to run the country, money that would belong to the people, an Interest and debt-free money. He had printed United States Notes, completely ignoring the Federal Reserve Notes from the private banks of the Federal Reserve.

Our records show that Kennedy issued $4,292,893,825 of cash money. It was perfectly obvious that Kennedy was out to undermine the Federal Reserve System of the United States.

But it was only a few months later, In November of 1963, that the world received the shocking news of President Kennedy's assassination. No reason was given, of course, for anyone wanting to commit such an atrocious crime. But for those who knew anything about money and banking, it did — not take long to put the pieces of the puzzle together. For surely, President Kennedy must have had It in mind to repeal the Federal Reserve Act of 1913, and return back to the United States Congress the power to create its own money.

It is interesting to note that, only one day after Kennedy's assassination, all the United States notes, which Kennedy had issued, were called out of circulation. Was this through an executive order of the newly installed president, Lyndon B. Johnson? Was President Johnson afraid of the Bankers? Or was he one of their instruments? At any rate, all of the money President Kennedy had created was destroyed. And not a word was said to the American people.

A lesson to learn
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I believe that An Unconditional Basic Minimum Income payment to all citizens and legal residents of The United States and Canada will result in people building a second home or cottage in a more rural setting. Interestingly enough... a gifted person had an unusual dream back in 1973 of just that trend happening in the future.

"There will be a sudden rush to buy farms, ranches, and homes in the country.
Thousands will attempt to flee from cities, hoping that a return to the land and
nature will provide security. There will be a growing urge to "get away from it
all"---and much money will be invested in land and acreage in rural areas by
people who have secret dreams of raising their own food and cattle and of
becoming self-supporting. The price of open rural land will continue to soar.
Acreage within 100 miles of most major cities will skyrocket out of reach to
all but syndicates." (David Wilkerson, The Vision, page 18,19).
Click to expand...

This is a major contrast with what the people at the World Economic Forum seem to want for all of us.

“You will own nothing, and you will be happy”? | The Great Reset

Russell Brand

This week, the World Economic Forum reprised its annual meeting, albeit virtually, organised around “The Great Reset,” its effort to rethink the global economy. How do we separate the various conspiracy theories associated with the WEF from the genuinely dangerous ideas lurking beneath its stated agenda?
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DennisTate · Aug 18, 2022

modernpaladin said: ↑

The law firms that legislators hire to write the tax code are the same law firms that corporations hire to find them loopholes and exemptions from paying taxes. The result is a tax code so long and complicated that very few know how it actually works. So long as this remains the case, taxes will continue to be used to consolidate wealth away from those who are not wealthy and corrupt.
Click to expand...

Exactly.... and there is a movie that gives us a good background as to how billionaires learned to use FOUNDATIONS to set themselves up to pay essentially ZERO income tax!

https://www.propublica.org/article/...ds-reveal-how-the-wealthiest-avoid-income-tax

The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax
by Jesse Eisinger, Jeff Ernsthausen and Paul KielJune 8, 2021, 5 a.m. EDT

ProPublica has obtained a vast cache of IRS information showing how billionaires like Jeff Bezos, Elon Musk and Warren Buffett pay little in income tax compared to their massive wealth — sometimes, even nothing.

In 2007, Jeff Bezos, then a multibillionaire and now the world’s richest man, did not pay a penny in federal income taxes. He achieved the feat again in 2011. In 2018, Tesla founder Elon Musk, the second-richest person in the world, also paid no federal income taxes.

Michael Bloomberg managed to do the same in recent years. Billionaire investor Carl Icahn did it twice. George Soros paid no federal income tax three years in a row.

ProPublica has obtained a vast trove of Internal Revenue Service data on the tax returns of thousands of the nation’s wealthiest people, covering more than 15 years. The data provides an unprecedented look inside the financial lives of America’s titans, including Warren Buffett, Bill Gates, Rupert Murdoch and Mark Zuckerberg. It shows not just their income and taxes, but also their investments, stock trades, gambling winnings and even the results of audits.

Taken together, it demolishes the cornerstone myth of the American tax system: that everyone pays their fair share and the richest Americans pay the most. The IRS records show that the wealthiest can — perfectly legally — pay income taxes that are only a tiny fraction of the hundreds of millions, if not billions, their fortunes grow each year.

Many Americans live paycheck to paycheck, amassing little wealth and paying the federal government a percentage of their income that rises if they earn more. In recent years, the median American household earned about $70,000 annually and paid 14% in federal taxes. The highest income tax rate, 37%, kicked in this year, for couples, on earnings above $628,300.

The confidential tax records obtained by ProPublica show that the ultrarich effectively sidestep this system.
.....
Click to expand...

All the Money in the World Official Trailer #1 (2017) Mark Wahlberg, Kevin Spacey Biography Movie HD

Canada's former Minister of Defence does a brilliant interview on how our economy is being financed and what our options are.

End tax and financial slavery now with Paul Hellyer (!ThatChannel.com 2013-03m-12)

My theory is that when something extremely dumb is done by a Canadian political leader.... how will their error affect Americans?????

The Bank of Canada was first established by Prime Minister Richard Bennet in 1935 as a private central bank, but was then nationalized by William Lyon Mackenzie King in 1938. By nationalizing the bank, Mackenzie King meant for it to belong to the people so the Canadian government could borrow funds with little or no interest for capital expenditures. The mandate of the newly nationalized Bank of Canada was to act as the banker to the government and to manage the public debt. As Mackenzie King famously said: “Once a nation parts with the control of their currency and credit, it matters not who makes that nation’s laws. Usury, once in control, will wreck any nation. Until the control of the issue of currency and credit is restored to government and recognized as its most sacred responsibility, all talk of sovereignty of parliament and of democracy is idle and futile.”
Click to expand...

Sunday, July 12, 2015
HOW PIERRE TRUDEAU TURNED US INTO DEBT SLAVES

So the Bank of Canada was nationalized in 1938 and the government could now borrow money with little or no interest. And it worked. The Canadian government built freeways, public transportation systems, subway line, airports, the St. Lawrence Seaway and funded a national health care system and the Canada Pension Plan. But then Trudeau, under the influence of the international financial group called Basel’s
Committee’s Recommendations (The Basel Committee on Banking Supervision) made the decision to halt the borrowing of money from the Bank of Canada, and instead, chose to borrow from the private banks who instead of lending to the government at no interest, or low interest, introduced higher interest rates along with compound interest.

All banks know very well the magic of compound interest. And Pierre Trudeau must have known that the mounting compounded national debt would lead to Canadians eventually owing a dollar fifty for every dollar of their disposable incomes. After all, he studied economics at the London School of Economics. Surely the professors there knew about compound interest.

So Pierre Trudeau, instead of feeling blessed that Canada, unlike the US, had a nationalized central bank, signed our bank away to the private banks. Couldn’t Trudeau, such an educated man, surmise that citizens in a few years would be struggling to make car payments and meet rent and mortgages and student loans and to buy healthy food while last year’s profits for the big five (that’s Royal Bank, TD Bank, Scotiabank, Bank of Montreal and CIBC amounted to $31.7 billion?) If he did, he didn’t care. But it doesn’t have to be this way. It really doesn’t. Our Bank of
Canada is still there. Next time." (Ms. Betty Krawczyk)
Click to expand...

Can we learn about the Washington Swamp from the Ottawa Swamp?

Abortion............15.5 million
Heart disease.....2,715, 416
Cancer ...............2,568,040
Accidents ..............447,803
Violent crimes .......354,392
AIDS .....................245,322

Here are the statistics for deaths among African Americans since 1973:

Abortion............15.5 million
Heart disease.....2,715, 416
Cancer ...............2,568,040
Accidents ..............447,803
Violent crimes .......354,392
AIDS .....................245,322

I believe that this was set up.......
and something happened here in Canada back in 1974 that made this trend possible in the USA.

Here is one of the major reasons why Canadian women feel pressured into having an abortion. They feel that our economic situation leaves them with really no choice other than to take the risk of living in relative poverty along with their child. This situation has been forced on them and we need to be more well informed about this.

After P. M. Pierre E. Trudeau's colossal error here is how the national debt of
Canada spiralled out of control:

My guess is that he was pressured into doing this so that the same thing could be
arranged in the USA:

Many wealthy people believe that the only way to keep the lower class working
hard is to keep them head over heels in debt and kind of hungry. Lower class people choosing to have an abortion is a positive thing in the minds of a lot of people who consider themselves to be the ELITE!

https://www.michaeljournal.org/articles/social-credit/item/the-public-debt-problem?/plenty34.htm
The Public-Debt Problem

Here is how I explained this back in 2006 when I campaigned for the office of M. L. A. as an independent:

From 1940 to 1974 the Government of Canada put roughly half of the total money supply into the economy through loans issued through the federally owned Bank of Canada. Provincial and municipal governments could borrow the money to build roads, schools, hospitals and sewage treatment facilities at zero or one percent interest. In 1974 we changed our system and since that time a higher and higher percentage of all government debt is financed through loans issued through privately owned banks. At this time it is ninety eight percent. This policy may be great for our banking sector but it was estimated that in the one year of 1995 alone our federal government could have saved roughly SIXTY FIVE BILLION DOLLARS in interest payments if we had gone back to creating half the total money supply through these low interest rate loans issued through the bank that is OWNED BY ALL CANADIANS.

Considering that our deficit was approximately thirty billion dollars for that year, simply by changing back to an already proven monetary and banking system, we could theoretically have had a FEDERAL BUDGET SURPLUS OF THIRTY FIVE BILLION DOLLARS in 1995.

The massive cutbacks in the Canadian military, in health care, highway construction, social programs and education were profoundly affected by these accounting practices?

So what can you and I do about this problem?

My 2006, 2008, 2016 and 2004 campaign writings as ART.

modernpaladin · Aug 18, 2022

DennisTate said: ↑

Exactly.... and there is a movie that gives us a good background as to how billionaires learned to use FOUNDATIONS to set themselves up to pay essentially ZERO income tax!

https://www.propublica.org/article/...ds-reveal-how-the-wealthiest-avoid-income-tax

All the Money in the World Official Trailer #1 (2017) Mark Wahlberg, Kevin Spacey Biography Movie HD

Canada's former Minister of Defence does a brilliant interview on how our economy is being financed and what our options are.

End tax and financial slavery now with Paul Hellyer (!ThatChannel.com 2013-03m-12)

My theory is that when something extremely dumb is done by a Canadian political leader.... how will their error affect Americans?????

Sunday, July 12, 2015
HOW PIERRE TRUDEAU TURNED US INTO DEBT SLAVES

Can we learn about the Washington Swamp from the Ottawa Swamp?

Abortion............15.5 million
Heart disease.....2,715, 416
Cancer ...............2,568,040
Accidents ..............447,803
Violent crimes .......354,392
AIDS .....................245,322

Here are the statistics for deaths among African Americans since 1973:

Abortion............15.5 million
Heart disease.....2,715, 416
Cancer ...............2,568,040
Accidents ..............447,803
Violent crimes .......354,392
AIDS .....................245,322

I believe that this was set up.......
and something happened here in Canada back in 1974 that made this trend possible in the USA.

Here is one of the major reasons why Canadian women feel pressured into having an abortion. They feel that our economic situation leaves them with really no choice other than to take the risk of living in relative poverty along with their child. This situation has been forced on them and we need to be more well informed about this.

After P. M. Pierre E. Trudeau's colossal error here is how the national debt of
Canada spiralled out of control:

My guess is that he was pressured into doing this so that the same thing could be
arranged in the USA:

Many wealthy people believe that the only way to keep the lower class working
hard is to keep them head over heels in debt and kind of hungry. Lower class people choosing to have an abortion is a positive thing in the minds of a lot of people who consider themselves to be the ELITE!

https://www.michaeljournal.org/articles/social-credit/item/the-public-debt-problem?/plenty34.htm
The Public-Debt Problem

Here is how I explained this back in 2006 when I campaigned for the office of M. L. A. as an independent:

From 1940 to 1974 the Government of Canada put roughly half of the total money supply into the economy through loans issued through the federally owned Bank of Canada. Provincial and municipal governments could borrow the money to build roads, schools, hospitals and sewage treatment facilities at zero or one percent interest. In 1974 we changed our system and since that time a higher and higher percentage of all government debt is financed through loans issued through privately owned banks. At this time it is ninety eight percent. This policy may be great for our banking sector but it was estimated that in the one year of 1995 alone our federal government could have saved roughly SIXTY FIVE BILLION DOLLARS in interest payments if we had gone back to creating half the total money supply through these low interest rate loans issued through the bank that is OWNED BY ALL CANADIANS.

Considering that our deficit was approximately thirty billion dollars for that year, simply by changing back to an already proven monetary and banking system, we could theoretically have had a FEDERAL BUDGET SURPLUS OF THIRTY FIVE BILLION DOLLARS in 1995.

The massive cutbacks in the Canadian military, in health care, highway construction, social programs and education were profoundly affected by these accounting practices?

So what can you and I do about this problem?

My 2006, 2008, 2016 and 2004 campaign writings as ART.

Click to expand...

“We don’t pay taxes. Only the little people pay taxes.”
-Leonna Helmsley

DennisTate · Aug 19, 2022

modernpaladin said: ↑

“We don’t pay taxes. Only the little people pay taxes.”
-Leonna Helmsley
Click to expand...

Exactly!!!!!

Could it be that Income Taxes were envisioned to serve as the Vampire Fangs in F.D.R.'s New Deal? (I admit that F.D.R.'s New Deal was a massive improvement over the economic feudalism of the past but..... my point is that I believe that we have been shown something extremely important by the President Abraham Lincoln Greenback Monetary Policy Experiment that we could apply as robots and Artificial Intelligence soon make so many careers obsolete).

City in Austria Printed Local Currency
Worgl, like many other European towns and cities, was hit hard by the Great Depression. There was mass unemployment; four of the five local factories had closed, and the people were starving in the streets. Nobody had any money to buy anything. One of the features of an economic depression is that there is not enough money in circulation to ensure that people can meet their basic needs, and in the 1930s, the shortage of currency in many countries of the world became catastrophic.

The mayor of Worgl, together with local businessmen, decided to try to break this economic impasse by creating their own local currency. They printed and issued 60,000 Austrian shillings worth of local currency. These shillings could only be spent in Worgl, so they remained in the local community and were exchanged over and over again.

The positive impact was immediate and surprising to everyone. In only six weeks, unemployment disappeared, all the factories had reopened and everyone had food. For the inhabitants of Worgl, the economic depression was gone. This dramatic transformation became known as the “miracle of Worgl.” Surrounding towns, inspired by the success of Worgl, immediately started printing their own local currencies.

Sadly, the miracle did not last long. When the Austrian Central Bank heard about Worgl’s local currency, they initiated legal proceedings against the mayor and local businessmen. According to Austrian banking law, it was illegal for anyone except the Austrian Central Bank to issue money. The bank won the court case, and the mayor was ordered to shut down the local currency, which he did, under threat of imprisonment. The town then returned to the devastating economic depression of the 1930s, with all the human pain and suffering associated with this catastrophe. Factories closed, and once again, the people starved.

Alternative Currency in the U.S.
Irving Fisher, an American professor of economics at Yale University, visited Worgl before the local currency was suppressed and witnessed the ‘miracle’ firsthand. When he returned to the United States, Fisher spread the word by traveling and lecturing across the country, advocating the use of the Worgl ‘scrip’ everywhere. Inspired by his vision, hundreds of communities began issuing their own currency, and by 1934 there were over 1,000 local communities using ‘scrip’ throughout the U.S.

Every one of these communities experienced a tremendous rejuvenation of their local economies. They thrived while others suffered. Fisher then met with President Franklin D. Roosevelt, proposing the implementation of government-sanctioned local ‘scrip’ in every community in America. When FDR consulted with his top financial advisors and bankers, however, he was advised to shut all the ‘scrip’ systems down, which he did. Instead, he borrowed large amounts of money from bankers, at interest, and used it to pay for the Reconstruction Finance Corporation and the other work-creation projects, which collectively came to be known as the ‘New Deal.’ So ended the last widespread use of a local currency within the U.S.

This pattern of economic collapse and re-emergence of local currencies has occurred thousands of times in many parts of the world. When these currencies have failed or have been suppressed, banks have not always been to blame. Sometimes, local currencies fail because they have been badly designed or implemented. Sometimes, people lose interest in them when the mainstream economy recovers. But they have always returned in one form or another during times of economic failure.

Our present world situation is uniquely different. Despite a relatively prosperous and stable world economy, a quiet monetary revolution has been occurring around the globe over the last 20 years. Awareness is growing about the flaws in our current monetary system, and people are re-creating viable alternatives. We are witnessing for the first time the worldwide creation of money systems designed by the people who use them, instead of by central banks." ( by Francis and Lia Ayley
The Truth About Money: The Money SystemIsnt There a Better Way?)
Click to expand...

Are CrytpoCurrencies in 2022 serving a similar function to the one thousand local currencies that put pressure on F.D.R. and his advisors to come up with The New Deal???????

Junkieturtle · Aug 19, 2022

RoanokeIllinois said: ↑

It's a hard question to answer. It's hard to answer, because, to me, the vast majority of politicians, at least in America, use taxes for their parties own Agenda.

Also, to line their pockets on both sides of the spectrum. They waste hundreds of billions of dollars doing things, that the American people aren't for, but merely for their Agenda.

At the same time, we have a two party system, and both parties are corrupt to some degree.
They're not going to allow a 3rd party system in. Some have tried. Part of the problem is that even 3rd parties are already backed by one or the other party. so it's pretty much, pointless.

If there were some pureer way of doing things, I'd possibly be for it, when it came to taxes anyways. Making taxes go to certain things first, and foremost, I think should be a top priority and put into law, to where no body can touch that money, not any politician in America. it must first go directly to certain things like roads, and public schools, and certain other things that are needed.
Click to expand...

The only people who don't allow third parties into government are the voters.

submarinepainter · Aug 19, 2022

Junkieturtle said: ↑

The only people who don't allow third parties into government are the voters.
Click to expand...

others get no campaign funds _ no money no funny

Junkieturtle · Aug 19, 2022

submarinepainter said: ↑

others get no campaign funds _ no money no funny
Click to expand...

That too can be solved by the voters.

DennisTate · Aug 20, 2022

submarinepainter said: ↑

others get no campaign funds _ no money no funny
Click to expand...

And speaking of money..... money...money and more money......
....
An image entitled "Republic of Western Canada" can be seen at this link that has the power to shock thirty seven million Canadians and three hundred and thirty million Americans toward a positive shift in politics.

If I knew how to post an image to MeWe I would.... but at least I do know how to post the image to political forum .com.

Is Dr. Leslyn Lewis the one who can convince Alberta to stay in Canada?

Even if President Donald J. Trump takes over in the USA and Biden and many others are indicted?

Don't laugh..... this is all working out so perfectly that the next twelve months are sure to astonish all of us..... myself included but it seems obvious from her e-mail on The Nuremberg Codes that Dr. Leslyn Lewis has the courage to bring Canada's Political Right back together........

AND CONVIcE THE PEOPLE OF ALBERTA TO STAY WITHIN CANADA.... even if off the scale brilliance and political wisdom like Solomon emerges down south in the United States of America, (perhaps within the administration of the nineteenth President of the REPUBLIC of The United States of America)!!!!

Please DO NOT mis-underestimate the possibility of the Canadian province of Alberta simply leaving Confederation and joining the U.S.A. if and when Biden is perhaps impeached and / or indicted......
and sincere Make America Great Again policies are put in place in wherever the Capitol of the United States may be, (because Washington, D.C. does not have an absolute monopoly on being the only place from which government can be done from in America)!

Florida could well become the new Capitol City in a new and improved America that would be highly appealing to at least eighty percent of Albertans!!!!!

"Alberta 51st State"

"Alberta 51st State is an open forum group of level minded western Canadians who have had enough of the rigged Canadian parliamentary political system and want out of this present day political nightmare that is Ottawa and the Laurentian triangle that inhibits western Canadian growth and prosperity, it is not in western Canada’s best interest to remain within the confines of EasternCanada , the BNA, and the never ending extreme taxation without representation , the way Ottawa just squanders our futures away to foreign entities will no longer be tolerated, this separation should have happened 60 years ago, and thus put us in a position that our only and best option is a UDI, get an approved constitution and formally request statehood with the United States of America, the lives of our children depend on it, with our help The USA will be the most strongest nation on earth. We can do this."
Click to expand...

http://www.politicalforum.com/index...rta-to-stay-in-canada.603061/#post-1073674916

Nonnie · Aug 22, 2022

DennisTate said: ↑

Is Income Tax something like a Practical Joke being played on Americans and Canadians?

Is income tax a method of punishing people who are productive and effective and end up owning their own companies and farms and homes?????

Is Income Tax a method being used by the people who believe in Malthusian Catastrophe Theory?

I am of the belief that a powerful case can be presented for this.....
and the fact that so few economists will write and speak about the many elephants in the room is evidence that something like a practical joke is being played on Americans and Canadians!!!

At this link I see a Meme that has a huge amount of truth in it....
"END: INCOME TAX
The fine you pay for the crime of being productive and useful."

https://andrewi.substack.com/p/cong...ent?utm_source=substack&utm_medium=email#play

CONGRESSMAN CALLS FOR THE ABOLISHMENT OF INCOME TAXES~!
RISE OF THE AMERICA FIRST PARTY AS CHENEY LOSES~!

Andrew Zebrun III
13 hr ago

We need to understand the President Abraham Lincoln Monetary Policy Experiment in order to understand the full scope of how insightful this question really is.
Click to expand...

Income tax in the UK was implemented to pay for the world wars. They have come and gone, yet we're stuck with that tax. It's like saying, "You've worked 100%, so here's 70% of the cash for your efforts". But I didn't want to be rewarded 70%, it's up to me where I spend my earnings, on which areas/items that attract tax.

Direct taxes is legalised robbery.

DennisTate · Aug 24, 2022

Nonnie said: ↑

Income tax in the UK was implemented to pay for the world wars. They have come and gone, yet we're stuck with that tax. It's like saying, "You've worked 100%, so here's 70% of the cash for your efforts". But I didn't want to be rewarded 70%, it's up to me where I spend my earnings, on which areas/items that attract tax.

Direct taxes is legalised robbery.
Click to expand...

I haven't seen every minute of this video yet but what I did see was so well done that I just started sharing it all over the internet........

...... If we remain silent now.... it may be too late......

.....
The eight thousand five hundred wealthiest people on earth, who have a habit of buying political leaders for themselves, have assigned some of their brightest minds to this project. This should rather scare most of us who know that we know that we know that in the TedX lecture "Innovation to zero", our children and grandchildren and even we ourselves were being spoken about!!!!!

"Good Morning Clown World, Vol. 57 "

1,864 viewsAug 21, 2022

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Congressman calls for the Abolishment of Income Taxes!

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Perhaps... but I don't see any better way to finance our modern economy?????

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