Real0ne
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quote:
ORIGINAL: Mercnbeth
I've been an advocate for a "flat tax" or the new version the "consumption tax". One of the reasons it won't happen is the consequence of eliminating the mortgage interest deduction. Without that deduction, the property values in the US would be reduced by as much as 50%; and with it most of the personal "wealth". Every accountant will tell you to buy the most house you can afford and the biggest mortgage a lender will grant to take advantage of the biggest tax deduction available to an individual. If that goes away, as a result of a flat tax initiative, the banking system of the US collapses.
Merc;
i cannot speak for UR, but my version is this.
The fed reserve system is a "debt" based system. It was tried with the first national bank in the early 1800's and failed. The flat tax was also tried and determined by our founders a failure, thus the apportionment part of the constitution.
The solution is to remove the fed reserve from the system entirely. The irs would need to stay simply because "we the people" need some kind of auditor for "appropriate" taxes for our country.
The treasury must take over the money handling again so it is brought back under the control of "we the people" not the international bankers, (morgans, rothschilds, and 288 others)
You see the problem with the fed reserve is that we do not have control over our money, they are charging interest on that money that the treasury would have maade for us for "FREE" (cost of stamping and running presses are free for all intents and purposes), then with the fed we have to pay in the form of taxation for the use of money that would otherwise have been free!!!(again for all intents and purposes)
Ok now the biggest problem: NO OVERSIGHT!!! That is right if you go into office and have the authority to demand an audit of the fed reserve you will suffer an accident. There is no oversight anywhere to be found of our gold that is supposedly in the fed reserve and has not been an audit since it was moved from fort knox.
Now another point to consider; inflation is a hidden tax!!! When the fed starts pumping money into the system the "first" people to use that money still have full value with preinflationary dollars. (that would be the big boys with inside info)
By the time it reaches you, your dollar has already decreased to the valus of the inflation.
So if there is 1000 dollars in circulation, and now the fed dumps another 1000 bucks into the economy the first person to spend it is getting full value until the money has dispersed. Once dispersed you now need 2 dollars to by the same amount of goods that the first bought at 1 dollar.
That delay is a killer and it is a one way street. That is why inflation continually goes in one direction (as a whole) UP^^^^^
It keeps the cycle of money leaching going in one direction as a whole up^^^ to the people in control of it!!
So there are many aspects to this. BEcause inflation then becomes a hidden tax there is no real incentive to change it from a gov standpoint. That and because there is no oversight of the americaan people (or government) for that matter, they can write blank checks forever till this country is bankrupt literally with impunity.
Thank the monetary genius/crooks the rothchilds for this woderful system.
In the old days, (pre "traitor" wilson) and the federal reserve creation that is, the gov used to have to come to "we the people" and ask for money to go to war! Nice system hey? They actually had to ask "US" we the people if we were willing to go to war and pay for it!! Now we have control over the money.
The problem of course is that with fed res system, they can go to war any time they want or do what ever they want for any ignorant reason they want and we have to pay taxes to that end! Ever look at some of the absolute garbage on these manifests that we are paying for? They end up giving money to groups just to get rid of it, (so they can collect the same amount as the previous year), and other groups flasify their needs just to get more or reatin the funding.
The fed gov is required to give us a full accounting of where the money is being spent and that has not happened......"since the creation of the fed res".
Does the irs send you a sheet showing you where the money is spent? NO and they never will.
THe problem is that the whole system is what we in engineering call a run away open ended system, in other words a one way street that is uncontrolled.
Again as for the flat tax it sounds like a wonderful idea but history proves that the same thing will happen and that is "creep" it starts out reasonable and winds up unreasonable, look back in the records and you will find that some people have paid as much as ready?: 92% under the present system!!!
Anyway that is why the banking system as it is needs to go. No one is saybing no banks and no loans, banking is just a general term for "federal reserve" state banks or better county banks are fine, just no national bank as it would not be required with the treasury issuing the money and if we do pay interest it will ultimately go back into our pockets rather than being siphoned off to foriegn interests as it is now.
i think i am pretty close to correct on this, but a few people out here i think know this sytem better than i do. may want to ask them. That and attorneys, "all" nobility should be next! Basically our government needs an overhaul and has for a very long time.
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"We the Borg" of the us imperialists....resistance is futile
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Yesterdays tinfoil is today's reality!
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RE: The Core Problem in the USA - 
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