Posted on 11/05/2018 6:18:35 AM PST by deandg99
I predicted Trump’s eventual war with the Fed over a year ago, and I have written on the dangers if such a war recently, so I will not go into as much detail on this event. I will say that like the immigrant caravan, this is another issue in which conservatives could be tricked into reacting without thinking of the long game.
In my article ‘The Economic End Game Explained‘, I outline the strategy being used by globalists to diminish the U.S. economy as a means to open the door to mass support for a global monetary system controlled by the IMF and possibly the BIS. This is a strategy they have openly discussed in their own publications.
To be clear, the Fed has indeed acted as a destructive force within the U.S. economy. Fed officials have openly admitted on numerous occasions to creating and then bursting financial bubbles that have led to disastrous results for the American public. Jerome Powell, the current Fed chairman, warned in 2012 of the eventual and pervasive market crash that would occur if the Fed raised interest and cut balance sheet assets while markets were still addicted to easy credit. Now, he is enacting those exact policies knowing what will happen.
(Excerpt) Read more at dcclothesline.com ...
The writer is trying to make out he can see the future through darkened glasses.
Two of the Progressives’ great victories were the federal income tax and the Federal Reserve. Both need to go. The tricky part is what to replace them with.
The first thing LBJ changed after the Kennedy assassination was to put the Fed back on line. Many believe that was the real motive.
True that with the Fed thingy.
Others think it was about Dimona.
“Two of the Progressives’ great victories were the federal income tax and the Federal Reserve. Both need to go. The tricky part is what to replace them with.”
Perhaps replacing them is the wrong mindset. Progressives use that mindset to their advantage - for it puts the burden of proof on us to justify ridding ourselves of corrupt policies.
To pick an extreme example, let’s imagine that slavery was still a legally protected institution, and was deeply embedded into all aspects of our economy.
Should the burden of proof be on those opposed to slavery to explain how slave owners will survive in a post slavery economy? Or is it enough to simply oppose it on the basis that it is immoral?
I think it is the same with the federal income tax, and the federal reserve. If it is immoral for the federal government to plunder American citizens via income tax and fiat currency, then it must be stopped. Period.
How progressives deal with the lack of plunder is their problem, not ours. They are the vicious pirates, we are the innocent merchants. We don’t have to come up with a “revenue nuetral” plan for them, or explain how they will come out whole in a post piracy world.
Speaking specifically of the Federal Reserve, Thomas Sowell once said something like: “If you go to a doctor and he tells you that you have cancer and it must be removed, do you ask him what he is going to replace it with?”
I think it also applies to the federal income tax.
Missing from the list is the total conversion of the Democrat Party into an openly socialist Marxist party. The leftward trend of the Democrats started decades ago, but the party now openly embraces socialism and is moving to militant Marxism. The anti Trump hysteria could quickly escalate into a Bolshevik style coup and many in the Democrat Party would have no problem with the overthrow of our Constitution and a legitimately elected government
We need to go back and see what was working before both of those got enacted.
One of the biggest progressive boondoggles was the fed takeover of education.
Gee, what did we do before the feds got involved with that?
Replacement of the income tax is a relatively simple thing if one uses “representative apportionment”.
In this concept, the prior years total spend is divided into two buckets - one for the Senate and one for the House. The senate bucket is divided by 100 to obtain the per Senator cost. Likewise the House bucket is divided by 435 to obtain the Representative cost.
Each state is then required to pay to the Treasury an amount equal to their representation. 2 time the senate amount plus the number of congressional districts times the representative amount. This is paid monthly and each state must pay that bill PRIOR to paying any state bill including salaries, benefits, contracts, etc.
Balanced budget - done
States get to decide for themselves on how to collect the required taxes to pay for their federal tax bill.
Now if you want to allow congress to borrow money to meet the budget, congress can pass an authorization each year that reduces the amount to be passed to each state.
JFK & RFK did send Israel lots of stuff. There’s a reason why so many streets in Israel are named after them.
That may very well be true.
But......
From the JPost;
“When president Kennedy took office in 1961, the disagreement (inspections of Dimona) became a full-blown crisis. Like Obama, Kennedy was not inherently hostile (unlike Jimmy Carter), but he did not have a special sympathy for the Jewish people. His advisers urged continuous pressure, assuming that Israel would have no choice but to accept US demands. Every high-level meeting or communication repeated the demand for inspection of Dimona. One form of pressure was to deny Ben-Gurion an invitation to the White House – his May 1961 meeting with Kennedy was a low-key affair at the Waldorf Astoria Hotel in New York, and was dominated by this issue (of Dimona).”
“The sharpest example took place almost 50 years ago, when John F. Kennedy demanded that David Ben-Gurion end Israel’s nuclear deterrent program, deemed necessary to ensure Jewish survival in a very hostile world.”
“Finally, Kennedy had enough, and in a personal letter dated May 18, 1963, the president warned that unless American inspectors were allowed into Dimona (meaning the end of any military activities), Israel would find itself totally isolated. Rather than answering, Ben-Gurion abruptly resigned.”
*********
One cannot help but ponder if the Mossad sent Jack Rubenstein in to clean-up the hanging chad - Oswald.
Important thing is for a national realization that these abominations have to go. Follow-on solutions are already out there.
Hear, hear!
Indeed!
And as to the unconstitutional Department of Education, it was a blatant payoff by Jimmy Carter to the National Education Association, a union.
Prior to the Department of Education and Colleges of Education, our public education was the envy of the world.
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