Bless her heart!
I will take her advice when she takes down her recommendation to “not file tax returns” from her web page.
That advice, if taken, will cause folks to lose EVERYTHING to the govt and feed the beast rather than starve it.
I also take issue with her assertion in the posted list here that currency is “fiat currency”.
This feeds the reader into another tenet of the tax protester movement that is also a trap.
Huge Ann fan. She would probably hate that I just said that but she’s great. Total integrity.
COSTELLO: I want to talk about the unemployment rate in America.
ABBOTT: Good Subject. Terrible Times. It’s 7.8%.
COSTELLO: That many people are out of work?
ABBOTT: No, that’s 14.7%.
COSTELLO: You just said 7.8%.
ABBOTT: 7.8% Unemployed.
COSTELLO: Right 7.8% out of work.
ABBOTT: No, that’s 14.7%.
COSTELLO: Okay, so it’s 14.7% unemployed.
ABBOTT: No, that’s 7.8%.
COSTELLO: WAIT A MINUTE. Is it 7.8% or14.7%?
ABBOTT: 7.8% are unemployed. 14.7% are out of work.
COSTELLO: IF you are out of work you are unemployed.
ABBOTT: No, Obama said you can’t count the “Out of Work” as the unemployed.
You have to look for work to be unemployed.
COSTELLO: BUT THEY ARE OUT OF WORK!!!
ABBOTT: No, you miss his point.
COSTELLO: What point?
ABBOTT: Someone who doesn’t look for work can’t be counted with those who
look for work. It wouldn’t be fair.
COSTELLO: To whom?
ABBOTT: The unemployed.
COSTELLO: But they are ALL out of work.
ABBOTT: No, the unemployed are actively looking for work. Those who are out
of work gave up looking and if you give up, you are no longer in the ranks
of the unemployed.
COSTELLO: So if you’re off the unemployment roles that would count as less
ABBOTT: Unemployment would go down. Absolutely!
COSTELLO: The unemployment just goes down because you don’t look for work?
ABBOTT: Absolutely it goes down. That’s how Obama gets it to 7.8%. Otherwise
it would be 14.7%. He doesn’t want you to read about 14.7% unemployment.
COSTELLO: That would be tough on his reelection.
COSTELLO: Wait, I got a question for you. That means there are two ways to
bring down the unemployment number?
ABBOTT: Two ways is correct.
COSTELLO: Unemployment can go down if someone gets a job?
COSTELLO: And unemployment can also go down if you stop looking for a job?
COSTELLO: So there are two ways to bring unemployment down, and the easier
of the two is to have Obama’s supporters stop looking for work.
ABBOTT: Now you’re thinking like the Obama Economy Czar.
COSTELLO: I don’t even know what the hell I just said!
ABBOTT: Now you’re thinking like Obama.
We look at gold as the fallback for completely adulterated fiat currencies. But in corrupt regimes historically, precious metals were just as easy to adulterate as fiat paper. The actual issue is counterparty risk. WE ARE THE GOLD.
There are people who are reselling Chinese gold-plated tungsten ingots, and there are people who can be trusted, whether or not they can pay you now. Golden people, not golden coins, friends...
Thanks very much for posting. Note for tomorrow read. HOORAY Ann!
I couldn’t resist. 5 minutes into part 1...all I can say is HOORAY Ann!
(boy am I looking forward to watching this tomorrow morning)
BUMP-TO-THE-TRUTH! Thank YOU, Errant!
life, liberty and the pursuit of totalitarians.
Re-watching Part 1. HOORAY Ann! Money!
“Watch money. Money is the barometer of a society’s virtue. When you see that trading is done, not by consent, but by compulsion when you see that in order to produce, you need to obtain permission from men who produce nothing when you see that money is flowing to those who deal, not in goods, but in favors when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you when you see corruption being rewarded and honesty becoming a self-sacrifice you may know that your society is doomed.” - Rand
I don’t know if it’s permanent or not, but barnhardt.biz is “off the air.”
Watching Part 1 now - worth a bump!!