Economic Collapse – 70 Years in Bankruptcy

Every one of us need to know about this history, a part of our own history.  Why aren't these things taught in school?  America has been in bankruptcy at least 4 times and the terms of the bankruptcy span 70 years, each time. 

Any time " the people, "  give government the permission to tax watch out.  The Federal Excise Tax was supposed to be a temporary measure to fund the Spanish American War, but do you think that our Over Payments of that temporary tax will ever be returned to you and me?  The Power to Tax is the Power to Destroy.  It looks like to me that they are trying to destroy America now, with our money.

Mon  Aug 16, 2010 
Subject; HJR 192 – The Power to Tax is the Power to Destroy


FYI! If our federal government were only doing those things which they are responsible for we would need no tax system, the excise and import taxes on goods unfairly competing with ours paid for government before we had the FED!


Dear Friend,

You need to do a little bit more homework on the National Debt, the Federal Reserve Act and then study the history of HJR-192 (House Joint Resolution-192); which, in essence states that we are not able to pay debts with lawful money…but only with Federal Reserve Notes [which is NOT money]. And yes, HJR-192 was later made part of law, refer to Public Law: Chapter 48, 48 Stat. 112.)

You did get the 1930's bankruptcy part correct—but why did you not refer to the previous 2 bankruptcies [1790 & 1860] and the most recent one in 2001? Also, where you said tax is all about control—on that point, you hit the nail on the head.

But I was surprised when you recommend a consumption tax or national sales tax and then want to entrust it to the same public officials that are currently doing nothing to protect us—yet, they continually discover ways to spend more and more, furtherenslaving the future generations—how could you want or even recommend that? The current laws, established over 200 years ago, already provided for the funding of government—how about we just get the government to simply follow the law.

Any time the "people" give a government any excuse to tax, no matter how good or beneficial it may appear and, even with the promise to not raise those said taxes—watch out. Just look at the Federal Excise Tax that was put in place (temporarily) to fund the Spanish-American War. It took our forward thinking elected officials 100 years to realize that that war had ended and that the UA Gov was obligated to stop collecting that tax—but, do you think any of the "over-collections" for the war were ever returned to the people? No! Once you understand that joke, then you should soon come to the realization that ideas of a balanced budget are just as ridiculous! Do you not think that there is a reason why the deficit is so high?

So, please re-think your approach and realize that ANY TAX is an affront to all people and that all taxes, legalized or not, are unlawful.


Will Harrison

Houston, TX

"The real rulers in Washington are invisible and exercise power from behind the scenes."
— Justice Felix Frankfurter
"The ruling class has the schools and press under its thumb. This enables it to sway the
emotions of the masses."
— Albert Einstein

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