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Trust Big Corporations & Wealthy?

by on July 24, 2012

QUOTE: “The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity.” – President Abraham Lincoln

 

I call it the “GREAT TRADE OFF” in 1913 the first permanent income tax law was implemented, progressive with over 90% tax on the wealthy. Corporate and wealthy control of our government got what they wanted “as a trade”. A law was enacted in 1913 establishing the Federal Reserve, that is not “Federal” at all, rather is private banks who dictate to us, our government. The Federal Reserve establishing law came from a corrupt interpretation of our Constitution stating the government can “coin” money. All knew that meant ALL money, but corruption interpreted as ONLY making “coins”.

Now we pay huge amounts of interest of tax money, we would otherwise receive. See, less taxes and more control of “We the People…” over our government. A few years of the private banker GREED and we found ourselves in what is known as the “GREAT DEPRESSION”. President FDR and the Congress then passed laws implementing regulations upon the private banking system.

A corrupt government has since removed and weakened the regulations placed upon the private Federal Reserve banks, a little at a time. Lack of regulation and GREED and CORRUPTION has given us the “GREAT RECESSION”.

 

“The marvel of all history is the patience with which men and women submit to burdens unnecessarily laid upon them by their governments.” President George Washington

 

“I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country… Corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands and the Republic is destroyed.” — Abraham Lincoln, 1864 “Quote from a Republican who was a Liberal.”

Posted by Paul Winger

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