What will happen if the gap between the rich and poor continues to grow?
This is a growing question in our society. Is the question really about rich and poor? Or, is the question more effectively posed when we consider the gap between those that can make money and economic policy and those that can’t?
In 1913, a very interesting event took place in the United States; the Federal Reserve was born. The Federal Reserve is a privately owned bank that loans money with interest to the Federal government. The Federal Reserve acts in its own best interest each time it decides to lower rates, which puts more money with interest into the hands of society. Do you ever wonder where all that interest goes? Would you be surprised to see that the money ends up in the hands of the very few, the elite bankers of the world. So, why would the government of our country decide that there should be a central bank that prints money instead of just printing the money themselves? If you had a choice between printing money with interest or printing money without interest for yourself, what would your decision be? Our government made an egregious mistake when it gave the money printing rights to a privately owned central bank. Shortly after the Federal Reserve was created, the IRS was created. The IRS was brought to life to collect an income tax from the average working Joes (like myself), so that the interest could be paid on the loans the government had borrowed from the Federal Reserve.
Let’s say your next door neighbor decided that he was going to buy a house, but you have to pay the interest on the loan. You don’t get to live in the house or swim in the pool. You don’t get to have his wife cook dinner for you or enjoy any of the amenities that come with the house. You just have to pay the interest. There is no gain for you at all. How would you feel about that? That is essentially what we get from the government with the income tax. Our wages are spent to pay the interest on loans that the government borrowed from the central banks. So, if you were a banker, would you want the interest rates to go down, so that the government would spend more and more money? The more money the government spends, the more money that the average working joe will be forced to pay in income taxes.
Now, I know that there are some of you that think the income tax is a necessary tax. If the government doesn’t take our money from us, then how will the government be able to provide all of the necessary services it provides? Hmmm?
Did you ever wonder why there are taxes on everything? There are taxes on gas (used to fund Departments of Transportation). There are taxes on property (used to fund schools). There are taxes on utilities (used to maintain utility lines). The list of taxes on the American people is a long list. Too long.
If we the people of the United States of America want to reduce the disparity between the rich and the poor, then we have to get on the bandwagon of reform. No new taxes! Abolish the IRS! Abolish the Federal Reserve! Give the power back to the people. Right now, all people in the United States that pay the illegal income tax are the ones that are increasing the disparity between rich and poor. That’s right. We, the working joes, are the ones that are allowing the rich to get richer because we have allowed Washington and their wealthy cronies to go too far. We have to stop it. We have to demand that the government serve us without taxing us. We have to demand that there be justice and restore our constitution to its full power. We have to vote for candidates that will promise to abolish the IRS and all it stands for. A tax on the American people is money in the bank for the owners of the Federal Reserve.