When the Internal Revenue Service admits to violations of law by targeting limited government advocate organizations, you know that the non-divulged crimes are much worse. The discloser in the mainstream media is a pleasant astonishment. The usual pattern of protecting “Big Government” is still intact, while the noise and agency diversion on the abuses of the IRS avoid the fundamental problem with federal taxation, based upon a system of deductions, exemptions, incentives and grants. The extortion and intimidation in the enforcement of the tax code is the entrusted role assigned to the IRS by the political hacks that administer the social engineering experiment that is fundamentally changing America.
Now that the financial hype is celebrating a new all time high in the stocks, the time to exit the market may well be at hand. So what will that Oracle of Omaha do with all the insider information available from his compadre network? The business press swoons all over Warren Buffett with every report, while only a few intrepid journalists would dare write about the dark side of Wall Street’s favorite equity cheerleader. The guru of sweet heart deals floats in the rarified air of a political cronyism ongoing honeymoon. So what is likely for his Berkshire Hathaway flagship company now that the ticker is breathing on pure oxygen?
Before you panic that your online purchases will be tagged with the added cost of state sales tax, rely on the complexity of reporting sales to all the jurisdictions as your prime safeguard from forking over a percentage on every purchase. The Senate bill, Summary: S.336 provides a succinct description of the requirements. For a comprehensive resource on all you want to know about Marketplace Fairness Act Information, check out the details. House Judiciary Chairman Bob Goodlatte in the article, Online sales tax bill may be dead on arrival in House, identifies concern that the practical difficulties remain with implementation. “I do not believe legislation like the Marketplace Equity Act is sufficiently simplified yet. While it attempts to make tax collection simpler, it still has a long way to go.”
The planting season is in full swing as is the transfer of subsidies to big agriculture and social welfare food stamps. Which has more worth, paying the Monsanto and property tax bill or running a public assistance program that allows for the buying of lottery tickets? Well, if you are Congress, both have benefit, but mostly for their political value. Why are food stamps part of the Farm Bill? Nancy Marshall-Genzer makes a shrewd observation.
Money is supposed to be a store of value. After the recent collapse in the dollar convertible price of Bitcoins, the inevitable scrutiny in the viability of the monetary system is warranted.
The official description of Bitcoin states: Bitcoin is an experimental, decentralized digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority managing transactions and issuing money carried out collectively by the network. Purported myths and ground rules on how the alternative currency operates, provides calculated reading. Whether this accounting system can or would be accepted as a credible medium of exchange on any large scale is certainly an open question.
As any honest observer of the dire fiscal nature of U.S. budgets would conclude, the driving section of deficit expenditures are entitlements. The two areas, based upon predictable demographics, that scream out for rational and extensive surgery are Social Security and Medicare. The Obama administration has a long record of gutting Medicare as part of the Obama care malady that is transforming into a national plague as the detail regulations unfold. For a summary of reporting on the subject, review the media accounts on the Kaiser Health News. One of such analysis, found in the New York Times item, Obama Budget to Include Cuts to Programs in Hopes of Deal, identifies the smoke and mirrors modifications, designed to push the Medicare medical reimbursement into insolvency.
The International Monetary Fund is an extortion financier’s outfit for a gang of exploiter banksters. The colonists of global mercantilism operate on extending credit with strings attached and assets targeted for attachment. Poor and underdeveloped economies beg for roll over extensions of old debt in an endless circle of currency debasement and resource transfer. So why anyone would get excited over a competing banking house, seems to escape implications within the news publications.
Hurrah, 17 Senate Democrats crossed the aisle to support the keystone pipeline. No doubt, these stalwart energy proponents are looking ahead to their 2014 races. “The vote puts new pressure on the Obama Administration to approve the pipeline project. The southern portion of the pipeline, which didn’t require White House approval, is already under construction. The Senate vote indicates that even Democrats are growing impatient with the delay.” But sbefore the champagne is uncorked, the Green army of diehard crazies form ranks to make their last stand. Putting the issue in proper perspective, the reliable Robert Bryce warns – While opponents protest, oil companies turn to railroads.
When does banksters’ extortion become outright theft? The latest example and escalation by the placing a levy fee on bank deposits in the tax haven of Cyprus illustrates the bold step of seizing private liquid saving accounts, under the guise of a government tax. The prospects of an all out run on the banking system have jumped tenfold. Essentially, a government is using the power of the state, to steal funds not because of the bankruptcy of a banking institution, but because of a failure of the entire EU financial system. The forbidding precedent of a seizure of individual wealth, by a stroke of a pen, runs contrary to the shrinking confidence in fiduciary trust of cash placed in banking accounts.
That infamous mark of the beast is a regular condition of doing business with the federal government. How long have we gone, and how far we have strayed, from simple barter for trade transactions. The mercantilism that exists today, based upon the premise that our “Washington Godfather”, is our silent partner in occupational endeavors, has failed miserably. According to the system, the government makes an offer you cannot refuse. However, is this really the plight of rational and creative citizens determined to maintain their personal dignity and financial integrity?