HR 2755

After all the bailouts, we Americans are indebted to over $8 trillion now. This means the Federal Reserve has increased the supply by 75 percent. This money does not come from some rainy day fund tucked away in the budget somewhere – it is created from thin air, and devalues every dollar in circulation. Dumping money on an economy, as they have been doing, is not the same as dumping wealth. In fact, it has quite the opposite effect.

One key attribute that gives money value is scarcity. If something that is used as money becomes too plentiful, it loses value. That is how inflation and hyperinflation happens. Giving a central bank (Federal Reserve) the power to create fiat money out of thin air creates the tremendous risk of eventual hyperinflation.

People talk about toxic assets, but the real toxicity in our economy comes from the Federal Reserve System. Today’s bankers are poisoning the economy with accelerated fiat money creation. Fiat money is not based on gold, instead, the government (Federal Reserve) orders that the money must be accepted for payment--translation: all of our dollars equal NOTHING...it cannot be guaranteed by gold.

Throughout the ages, gold has stood the test of time as a consistently reliable means of exchange, and has frequently been referred to as “God’s money”, as only God can make more of it. Free people today should be sending the message to the Federal Reserve that this power and control over our money is no longer acceptable.

Our fiat currency system is crumbling and coming to an end, as all fiat currencies eventually do.

Congress should reject the central bank as a failure for its manipulations of money that have brought our economy to its knees. I hope the 111th Congress will support HR 2755 and abolish the Federal Reserve System so that the central bank can no longer destroy our money.

Learn more about HR 2755

Federal Income Tax: Constitutional?

It's that time of year again...no I'm not talking about the holidays...I'm talking about TAX TIME. Every year we Americans file a 1040, which is a financial statement telling the IRS how much money we made, and how we spent it (i.e. child care tax credit, new automobile tax credit, etc.). The funny thing is, the IRS, or federal government, does not have to send me a statement telling me how me how they spent my tax money. I feel I should know how the government spends my money.

Not to mention, the fact that the federal income tax could very well be unconstitutional. Yes, America, WAKE UP. There is NO LAW THAT STATES YOU HAVE TO PAY INCOME TAX. Watch Aaron Russo's film, From Freedom to Fascism , from this film I get the following facts:

1.) The IRS code clearly states that paying federal income taxes is voluntary.
2.) The 16th Amendment, which the IRS cites as giving it authority to collect taxes, was never ratified...
3.) The Supreme Court ruled that the 16th Amendment did not create any new taxing power for the federal government--read it on Rush Limbaugh online
4.) WAGES, i.e. your income, CANNOT BE TAXED...wages are what we laborers get in return for giving our time to the company we work for, it's an EVEN exchange...laborers DO NOT receive ANY profits from their wages, therefore the IRS CANNOT tax our wages...only our profits.

So why are we Americans paying taxes when we don't have to? Sure, nay-sayers out there may protest and say that income taxes pay for law enforcement, the military, the roads, and education...but sadly, our income taxes ONLY pay for defense. Property taxes pay for education. Gasoline taxes pay for the roads....and your income tax goes straight to the Department of Defense.

We Americans pay these taxes every year, in addition to the income tax:

Accounts Receivable Tax

Building Permit Tax

Capital Gains Tax

CDL license Tax

Cigarette Tax

Corporate Income Tax

Court Fines (indirect taxes)

Dog License Tax

Federal Income Tax

Federal Unemployment Tax (FUTA)

Fishing License Tax

Food License Tax

Fuel permit tax

Gasoline Tax (42 cents per gallon)

Hunting License Tax

Inheritance Tax Interest expense (tax on the money)

Inventory tax IRS Interest Charges (tax on top of tax)

IRS Penalties (tax on top of tax)

Liquor Tax

Local Income Tax

Luxury Taxes

Marriage License Tax

Medicare Tax

Property Tax

Real Estate Tax

Septic Permit Tax

Service Charge Taxes

Social Security Tax

Road Usage Taxes (Truckers)

Sales Taxes

Recreational Vehicle Tax

Road Toll Booth Taxes

School Tax

State Income Tax

State Unemployment Tax (SUTA)

Telephone federal excise tax

Telephone federal universal service fee tax

Telephone federal, state and local surcharge taxes

Telephone minimum usage surcharge tax

Telephone recurring and non-recurring charges tax

Telephone state and local tax

Telephone usage charge tax

Toll Bridge Taxes

Toll Tunnel Taxes

Traffic Fines (indirect taxation)

Trailer registration tax

Utility Taxes

Vehicle License Registration Tax

Vehicle Sales Tax

Watercraft registration Tax

Well Permit Tax

Workers Compensation Tax

COMMENTS: Not one of these taxes existed 100 years ago and our nation was the most prosperous in the world, had absolutely no national debt, had the largest middle class in the world and Mom stayed home to raise the kids.

What the hell happened? Americans stopped paying attention. Now it's time to stop paying taxes.