“The greatest tyrannies are always perpetrated in the name of the noblest causes.” ~ Thomas Paine
The government wants your money.
It will beg, steal or borrow if necessary, but it wants your money any way it can get it.
The government’s schemes to swindle, cheat, scam, and generally defraud taxpayers of their hard-earned dollars have run the gamut from wasteful pork barrel legislation, cronyism and graft to asset forfeiture, costly stimulus packages, and a national security complex that continues to undermine our freedoms while failing to making us any safer. Continue reading
For some reason, the majority of Democrats and a few republicans believe that the American taxpayer is supposed to be the sugar daddy for the rest of the world. The way I see it if we have enough to send billions of dollars to 40 or 50 countries then our government is overtaxing the American people. Period.
Once upon a time, America’s money was based on real value that could be held in one’s hand. A dollar is still defined in the Constitution as a silver coin containing 371.25 grains of pure silver. Gold and silver coins or currency backed by gold and silver were the only legal tender.
Economic sanctions serve as a powerful foreign policy tool for the US government. But could this ultimately backfire on the US?
In the National Income and Product Accounts (NIPA), savings are established as the difference between disposable money income and monetary outlays. Disposable income is defined as the summation of all personal money income less tax payments to the government. Personal income includes wages and salaries, transfer payments, income from interest and dividends, and rental income.
In 1690, Massachusetts Bay Colony embarked upon a short-lived experiment in unbacked paper money. It did not go well.
“We’re in a situation now where, uh, um, you know, you should have peace of mind.”
One of the more famous ethologists in recent decades was John B. Calhoun, best known for his mouse experiments in the 1960s. To what extent do the mouse utopia lessons apply to humans?
Modern currencies such as Bitcoin expect to find success in a more technological world, but a new currency known as Goldbacks might corner the post-apocalyptic currency market.






