[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

How Republicans in Key Senate Races Are Flip-Flopping on Abortion Idaho bar sparks fury for declaring June 'Heterosexual Awesomeness Month' and giving free beers and 15% discounts to straight men Son of Buc-ee’s co-owner indicted for filming guests in the shower and having sex. He says the law makes it OK. South Africa warns US could be liable for ICC prosecution for supporting Israel Today I turned 50! San Diego Police officer resigns after getting locked in the backseat with female detainee Gazan Refugee Warns the World about Hamas Iranian stabbed for sharing his faith, miraculously made it across the border without a passport! Protest and Clashes outside Trump's Bronx Rally in Crotona Park Netanyahu Issues Warning To US Leaders Over ICC Arrest Warrants: 'You're Next' Will it ever end? Did Pope Francis Just Call Jesus a Liar? Climate: The Movie (The Cold Truth) Updated 4K version There can never be peace on Earth for as long as Islamic Sharia exists The Victims of Benny Hinn: 30 Years of Spiritual Deception. Trump Is Planning to Send Kill Teams to Mexico to Take Out Cartel Leaders The Great Falling Away in the Church is Here | Tim Dilena How Ridiculous? Blade-Less Swiss Army Knife Debuts As Weapon Laws Tighten Jewish students beaten with sticks at University of Amsterdam Terrorists shut down Park Avenue. Police begin arresting democrats outside Met Gala. The minute the total solar eclipse appeared over US Three Types Of People To Mark And Avoid In The Church Today Are The 4 Horsemen Of The Apocalypse About To Appear? France sends combat troops to Ukraine battlefront Facts you may not have heard about Muslims in England. George Washington University raises the Hamas flag. American Flag has been removed. Alabama students chant Take A Shower to the Hamas terrorists on campus. In Day of the Lord, 24 Church Elders with Crowns Join Jesus in His Throne In Day of the Lord, 24 Church Elders with Crowns Join Jesus in His Throne Deadly Saltwater and Deadly Fresh Water to Increase Deadly Cancers to soon Become Thing of the Past? Plague of deadly New Diseases Continues [FULL VIDEO] Police release bodycam footage of Monroe County District Attorney Sandra Doorley traffi Police clash with pro-Palestine protesters on Ohio State University campus Joe Rogan Experience #2138 - Tucker Carlson Police Dispersing Student Protesters at USC - Breaking News Coverage (College Protests) What Passover Means For The New Testament Believer Are We Closer Than Ever To The Next Pandemic? War in Ukraine Turns on Russia what happened during total solar eclipse Israel Attacks Iran, Report Says - LIVE Breaking News Coverage Earth is Scorched with Heat Antiwar Activists Chant ‘Death to America’ at Event Featuring Chicago Alderman Vibe Shift A stream that makes the pleasant Rain sound. Older Men - Keep One Foot In The Dark Ages When You Really Want to Meet the Diversity Requirements CERN to test world's most powerful particle accelerator during April's solar eclipse Utopian Visionaries Who Won’t Leave People Alone Status: Not Logged In; Sign In Economy See other Economy Articles Title: A very secret agent Source: A very secret agent URL Source: http://www.atimes.com/atimes/Global_Economy/MG27Dj02.html Published: Jul 27, 2011 Author: Chris Cook Post Date: 2011-07-28 10:16:46 by lucysmom Keywords: Fiat Currency, Fed Created Tax Credit Views: 48857 Comments: 80 There is a charade playing out in Washington at the moment in respect of the completely meaningless "debt ceiling" which the US maintains as a relic from the days of the gold standard. We are told that at the US Treasury's account at the Federal Reserve Bank there will soon be no more taxpayers' dollars, and therefore the Fed will soon be unable to make any more payments or issue any more cheques on behalf of the Treasury. The money has run out. This is nonsense. It is a myth, and moreover it is a myth that Federal Reserve chairman Ben Bernanke exploded in his recent testimony to a US congressional committee. Asia Times">Click for Full Text! Post Comment   Private Reply   Ignore Thread   Top • Page Up • Full Thread • Page Down • Bottom/Latest Begin Trace Mode for Comment # 44. #1. To: lucysmom (#0) The federal reserve is unconstitutional. Close it down, put the perps on trial and execute them for fleecing us. I'm saying they should be executed for treason. Dammit where is Andrew Jackson when we need him. A K A Stone  posted on  2011-07-28   10:18:47 ET  Reply   Untrace   Trace   Private Reply   #5. To: A K A Stone (#1) The federal reserve is unconstitutional. Perhaps you are getting the Articles of Confederation confused with the US Constitution? lucysmom  posted on  2011-07-28   10:30:56 ET  Reply   Untrace   Trace   Private Reply   #6. To: lucysmom (#5) The Federal Reserve is Unconstitutional. As is the 16th Amendment authorizing Income Tax. W/o which the FedRes is toothless. mcgowanjm  posted on  2011-07-28   10:33:44 ET  Reply   Untrace   Trace   Private Reply   #28. To: mcgowanjm (#6) As is the 16th Amendment authorizing Income Tax. W/o which the FedRes is toothless. The income tax didn't need the 16th amendment to be Constitutional, and the Fed doesn't need the income tax. lucysmom  posted on  2011-07-28   12:07:32 ET  Reply   Untrace   Trace   Private Reply   #42. To: lucysmom (#28) The income tax didn't need the 16th amendment to be Constitutional, and the Fed doesn't need the income tax. O Yes it does....for Both. And the Standing Army needs Both for war....;} mcgowanjm  posted on  2011-07-29   8:24:26 ET  Reply   Untrace   Trace   Private Reply   #44. To: mcgowanjm (#42) O Yes it does....for Both. Tax on income derived from labor was clearly an indirect tax (within the meaning of the Constitution) and never an issue. The 16th amendment settled the Constitutionality of a federal tax on income derived from property. By Fed are you referring the the federal government of the Federal Reserve? lucysmom  posted on  2011-07-29   10:45:35 ET  Reply   Untrace   Trace   Private Reply   Replies to Comment # 44. #45. To: lucysmom (#44) tax on income derived from labor was clearly an indirect tax (within the meaning of the Constitution) Sounds like something the SCOTUS would come up with. Like the 14th Slave Amendment's Only use was in making Persons out of Corporations. Just for shits&giggles, let's see what tax on income derived from labor 16th Amendment Google pulls up: mcgowanjm  posted on  2011-07-29 10:50:26 ET  Reply   Untrace   Trace   Private Reply   #47. To: lucysmom (#44) Tax on income derived from labor was clearly an indirect tax (within the meaning of the Constitution) So the 16th Amendment, illegally, took out the Constitution. Which is why the Amendment was needed in the first place. mcgowanjm  posted on  2011-07-29 10:53:53 ET  Reply   Untrace   Trace   Private Reply   #48. To: lucysmom (#44) (Edited) Tax on income derived from labor was clearly an indirect tax (within the meaning of the Constitution) and never an issue. The 16th amendment settled the Constitutionality of a federal tax on income derived from property. I'm not sure what dicta or law you may be referring to but it was held as early as Pollock that a federal tax that was made directly on an individual's money "made", which included the wages of both labor and speculation, and that was levied solely as a % rather than as a head count apportionment was held as a direct tax. In other words, the only way that the Central government could levy a tax on income would be to determine how much is needed, divide it by the population, and then levy that same dollar amount on EvERYONE. This made it virtually inpossible to institute an income tax system - which was their intent. war  posted on  2011-07-29 10:54:44 ET  Reply   Untrace   Trace   Private Reply   End Trace Mode for Comment # 44. Top • Page Up • Full Thread • Page Down • Bottom/Latest

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register]  Please report web page problems, questions and comments to webmaster@libertysflame.com