Friday, 4 February 2011

What Taxation Gets Spent On: The New Unhappy Lords

I saw this on a forum, and thought it apt.

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Another point of interest is what is the tax used for anyway?

There is always the rightful objections to "gov't-sponsored" poofter conventions, abortion clinics etc. etc. etc. but such things are only a very small part of the expenditure of tax. The vast bulk of it goes to paying interest on gov't debt to privately owned banks.

http://www.michaeljournal.org/phonefed.asp

QUOTE
The Federal Reserve, which allegedly plays the role of the U.S. central bank, is actually privately owned. "The Idaho Observer" (June 2002, page 6) published a reconstructed conversation that took place on October 8, 1992, between Ron Supinski, of the Public Information Department of the San Francisco Federal Reserve Bank, and Ron Hicks (the caller in the text). The conversation explained
our fiat (faith based) monetary system.


CALLER - Isn’t the current money system a house of cards that must fall because the debt can mathematically never be paid off?
SUPINSKI - It appears that way. I can tell you have been looking into this matter and are very knowledgeable. However, we do have a solution.
CALLER - What is the solution?
SUPINSKI - The Debit Card.
CALLER - Do you mean under the EFT Act (Electronic Funds Transfer)? Isn’t that very frightening, when one considers the capabilities of computers? It would provide the Government and all it’s agencies, including the Federal Reserve, such information as: You went to the gas station @ 2:30 and bought $10.00 of unleaded gas @ $1.41 per gallon, and then you went to the grocery store @ 2:58 and bought bread, lunch meat and milk for $12.32, and then went to the drug store @ 3:30 and bought cold medicine for $5.62. In other words, they would know where we go, when we went, how much we paid, how much the merchant paid and how much profit he made. Under the EFT, they will literally know everything about us. Isn’t that kind of scary?
SUPINSKI - Yes, it makes you wonder.
CALLER - I smell a GIANT RAT that has overthrown my Constitution. Aren’t we paying tribute in the form of income taxes to a consortium of private bankers?
SUPINSKI - I can’t call it tribute; it is interest.
CALLER - Haven’t all elected officials taken an oath of office to preserve and defend the Constitution from enemies both foreign and domestic? Isn’t the Federal Reserve a domestic enemy?
SUPINSKI - I can’t say that.
CALLER - Our elected officials and members of the Federal Reserve are guilty of aiding and abetting the overthrowing of my Constitution, and that is treason. Isn’t the punishment of treason death?
SUPINSKI - I believe so.
CALLER - Thank you for your time and information, and if I may say so, I think you should take the necessary steps to protect you and your family and withdraw your money from the banks before the collapse. I am!
SUPINSKI - It doesn’t look good.
CALLER - May God have mercy on the souls who are behind this unconstitutional and criminal act called the Federal Reserve. When the ALMIGHTY MASS awakens to this giant hoax, they will not take it with a grain of salt. It has been a pleasure talking to you, and I thank you for your time. I hope you will take my advice before it does collapse.
SUPINSKI - Unfortunately, it does not look good.
CALLER - Have a good day, and thanks for your time.

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