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Religion Title: Pope Francis: Tax Collector for the U.S. Government (Mission Accomplished: Theocracy) June 12, 2015The Guardian reports that along with the ongoing clean-up efforts to correct its own history of corruption (including charges of money laundering), the Vatican bank has also agreed to comply with the U.S.s Foreign Account Tax Compliance Act (FATCA). Whats FATCA? A 2010 law designed to target non-compliance with US tax obligations. Under US law, American citizens who live abroad or have foreign bank accounts are required to report those accounts to the Internal Revenue Service. So, the Pope and Vatican bank are now in-effect tax collectors for the U.S. government. Why? In a signing ceremony at the Vatican, Archbishop Paul Richard Gallagher, secretary for relations at the Holy See, emphasised the importance of paying taxes as a matter of charity and justice. As Pope Francis frequently reminds us, evading just taxes is stealing both from the state and from the poor, he said. Signing the agreement was a step in the Vaticans long-term strategy to ensure and promote legality, transparency and ethical behaviour in the economic and financial fields he added. Lets wrap our heads around this. The Pope wants to help the U.S. government one of the most powerful, violent, and corrupt governments in the history of the world collect taxes in the name of charity and justice and legality, transparency, and ethical behavior? Is there anyone in their right mind who believes the U.S. government adequately exhibits any of the aforementioned attributes? And what of the notion that evading taxes is stealing from the state and from the poor? Do you believe your hard-earned money belongs to the state? The state produces nothing. It plunders the productive citizen. Are you happy with the wars, waste, and well, sins, your tax dollars are spent on? The Pope apparently is. Hes all for the state forcibly taking your money and threatening you with fines and imprisonment if you dont pay. And nothing steals from the poor and redistributes power and wealth back to the so-called 1% the Pope decries like the U.S. government and its engine of corruption: the inflationist, moral-hazard fostering Federal Reserve. Needless to say, the 1% is the U.S. government political-crony class itself. Is this what the Pope stands for? This drives to the disturbing, fundamental flaws in the Popes understanding of government and economics flaws hes displayed time and again. Remember the Popes call to end the cult of money and the dictatorship of an economy? If the Pope were truly serious hed call to End the Fed, or at the very least Audit the Fed. And he most certainly would not become a tax collector for the U.S. government the current (though flailing) dictator of the world economy. Heres another example: Pope Francis made one of his strongest attacks on the global economic system on Sunday, saying it could no longer be based on a god called money and urged the unemployed to fight for work. So, the Pope attacks the idolatry of money, but then urges people to fight for work to make
money? And all this from a man who heads an organization with $800 million in equity, holds $20 million in gold at the Fed, and runs a bank overseeing some $7 billion in assets? Being Catholic, and well, the Pope, Francis should certainly possess a stronger understanding of ethics, money, and economics. He can learn more about all three, for free no less, here. Furthermore, Pope Francis also misidentifies free market capitalism as the cause of the worlds economic problems and he erroneously sees government the state as a mechanism to provide for the common good: ideologies which uphold the absolute autonomy of markets and financial speculation, and thus deny the right of control to States, which are themselves charged with providing for the common good. But its exactly government regulation and central bank intervention the state which causes the worlds economic problems. Free market capitalism didnt cause the 2008 Great Recession, the government and Fed did. The Eurozone economic mess is not due to free market capitalism. Its due to its own statism. What provides for the common good is more economic liberty, not more state. Yet the Pope calls for more state while exhibiting a grotesque propensity to butcher scripture to fit his perverse political economic narrative. Does he simply not understand the nature of the state? He should. The anti-liberty nature of the state is explicated throughout the Bible. Like Jesus Christ, Pope Francis is often referred to as a Rock Star. The difference is that Jesus Christ, the biggest Rock Star the world has ever known, fought The Man. The last thing Jesus Christ would ever do is work for The Man. As for FATCA, Simon Black says it best: FATCA may prove to be the greatest disaster in US history. Why? Because it seriously undermines U.S. legitimacy and influence over world banking and finance. Heres Black: The US government is taking a giant, steaming dump on its last remaining competitive advantage
you can only bully the rest of the world so many times before foreigners start looking for alternatives. And that is happening
Over the long-term, the end result will be fewer banks using the US system, resulting in a substantial decline in their use of US dollars and their ownership of US government debt. Think about it like this foreigners currently own a third of US government debt. If they no longer have as strong an incentive to own US dollars and start reducing their load, whos going to pick up the slack? Who will the US government turn to when they need to borrow money? Simple. You. Indeed, enter Taxman: How do you feel about Pope Franciss position on economics? Comment below. Poster Comment: Does this belong in Religion, or Government? Post Comment Private Reply Ignore Thread Top Page Up Full Thread Page Down Bottom/Latest Begin Trace Mode for Comment # 4.
#4. To: hondo68 (#0)
Poop on the pope.
There are no replies to Comment # 4. End Trace Mode for Comment # 4.
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