Article: While Consumers Shop, U.S. Descends Into Planned Financial Implosion That Favors Corporate Elite

And that wasn't even the end of it: Between 2008 and 2011, the U.S. government conspired with the Federal Reserve to create trillions more -- in what can only be called "counterfeit" money -- and then hand it over to the world's wealthiest corporations, banks and institutions. According to the New York Times, the U.S. government has now committed $12.2 trillion to these institutions.

Okay, so where is all this money coming from? Did the U.S. government ask every taxpayer to send in a check to cover this $12 trillion? Nope, because that would have required each American man, woman and child to pay $40,000 just to cover it. That obviously didn't happen, so where did this money come from?

The government just CREATED the money out of thin air.

There is Technically No Need For Federal Income Taxes

Here's the kicker in all this: The government could be creating money right now to end the entire federal tax system so that no American citizen would ever need to pay tax again. The tax code, after all, was originally created only to tax corporations, not the People. Yet today it's the wealthiest corporations that are paying no tax while the People are being bankrupted by it.

So the government, you see, could simply create the few trillion dollars it needs each year to pay for defense spending (bombs and bullets), interest on the debt, social security, Medicare, etc. And that means the government technically doesn't need YOUR tax dollars at all!

Now, of course, it would be financial suicide for the government to keep creating trillions of dollars each year, thereby eroding the purchasing power of the dollar and resulting in price inflation across the nation -- but it's doing that anyway! In other words, the government is already CREATING trillions of dollars in new money, year after year, solely for the benefit of the wealthy banksters and global corporate giants. So if the government is already headed into total financial insolvency (runaway debt increases combined with an upcoming currency collapse) -- why not use this suicidal process to help the People for a while instead of just bailing out the wealthy corporations?

Imagine this: The IRS announces a cancellation of the personal income tax. You no longer have to file on April 15th. You can keep all the money you've earned, other than state income taxes.

Can you imagine the economic boom that would result? People who earn more will spend more, thereby unleashing a domino effect of new job creation across the economy. People would be happier, stress would be lowered, and we would probably see a reduction in heart attacks and suicides, too. The federal government, meanwhile, would simply create a couple of trillion dollars each year to fund its own budgetary needs, and we could all ride this insane financial monster into the ground together while at least avoiding the hassle of filling out a stack of income tax paperwork every April.

There's no question, you see, that the U.S. government is headed into total financial insolvency. I'm just saying that as long as we're headed that way, we should be bailing out the People instead of bailing out the rich banksters and wealthy corporations. Why not cancel the income tax next April 15th and announce an income tax bailout for the working people?

Don't you see that the bankster bailouts are the most obscene example of crony capitalism? The money goes to the insider pals while the debt burden is heaped upon the working poor. That's the real problem with America -- not capitalism, but criminality!

The Real Purpose Of the Income Tax -- It's Not What You Think

So if the tax code is not needed to generate money for the government, what is its purpose, you ask?

The purpose of the federal tax code is to keep you down, to keep your face buried in the dirt so that you can never rise up and "get ahead." The purpose is not to fund the federal government itself, as you've been told. The government has already proven it can create trillions of dollars when it really wants to.

So remember that as you're out spending your after-tax dollars this holiday season. Most of what you have been told by conventional, mainstream sources is pure fabrication: The War on Terror, the "danger" of marijuana, the "right" of the government to reach down your pants at the airport, and of course the "need" for you to "contribute" to the government to pay for roads and schools. It's all so hilariously fictional that we should all be rolling on the floor laughing about it if we weren't already writhing from the pain of writing all those checks to the government.

Taxes, you see, are really just a financial shakedown. They are an exercise of thuggish government power over the common people for no purpose than to remind the People they are slaves to the state. And for that purpose, federal taxes are very, very effective. Much like the fictional War on Terror, the IRS reminds everybody to "be afraid" and comply.

Next Page 1 | 2 | 3

(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).