And, uh Jeff. No. Government has simply grown orders of magnitude more than our economy's ability to pay for it. Raising taxes on corporations only raises product prices. Three guesses on who pays that...
Or maybe taxation of immensely profitable corporate business has been just a few percentage points too low all this time. Ever think of that? Silly rightist nonsense here. It's corporate business, ultra-liberal to the very last "innovation," which developed and hyper-complexified our lives and economy in the first place. We are no longer riding horses and feeding ourselves from our homesteads - it's not 1780 anymore people! - and there is no way back to that. What comes in its place is massive integration of society, mutual interdependence, networks, communities of people who do not know each other. Government has been the only mechanism to administer all that complexity and anonymity amongst ourselves. Remove it, bankrupt it, deny the necessity of a strong state, and you're not going back to some Eden. You're going forward to a Third World dystopia, with even more senseless regulation, policing, hostility among social groups. Maybe a a few more percentage points of taxation on immensely profitable corporate business could have properly funded everything the state needed to administer the economy without being constantly sabotaged, resented, starved? Ya think? Silly rightists.
National income taxes were invented for war loans (to remove the risk of the king dying or losing), incentivizing war loans to both sides, or as many sides as possible;
the Federal Reserve and its ilk created enough counterfeit to fund the programs that shouldn't exist, funding the tumorous, risk-free, wild growth of parasitic, artificial parallel economies that exist to feed themselves.
We thought such innovations made risk predictible; instead, they've removed risk's realistic restraints. The Church of the Almighty Dollar under its lord Mammon worships the measurements, rather than the thing being measured - the society's health.
Note, Blackrock's Aladdin program merely calculates risk, with an eye towards balancing and leveraging it; an amoral tool that disregards the human factors, measuring the narrowest of metrics, to advance immortal legal fictions (corporations), is allowing private equity to devour and cannibalize the entire human society that permits it. Where is the off switch?
“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete. –R. Buckminster Fuller
.........................
There is a powerful, dynamic new model to reverse America's exploding federal budget deficits, restore financial security for millions of American families, and massively shrink government control over the daily affairs of citizens.
I am teaching MY grandkids that this debt it NOT THEIRS!....the idea that CONgress can saddle my kids with DEBT,to make CONgress rich and murder people around the world....an EVIL that should be turned asunder.....
Thanks, Bob. I touched on that theme in an earlier article, "Government Debt is Taxation Without Representation," writing that "every deficit dollar is a burden that will be forced on future Americans who didn’t elect the spendthrifts who are shackling them to it."
You're welcome,I enjoyed the article...I have a bad tendency to argue from a Constitutional "what should be" viewpoint instead of from current law and perceptions,I know the current polemics, but refute they should exist at all......thanks Be Blessed
Trump is trying to move in the correct direction but is a day late and a dollar short . another issue is what happens when AI truly takes hold and we see the predicted rise in unemployment added to the growing number of men and women who are voluntarily out of the work force . See the book "Men Without Work " By Nicholas Eberstadt .Sudden change such as this will only bring the call for more legislation and redistribution and continue the cycle . I have been a proponent of an article 5 convention which may have made a difference when the movement started 20 years ago but like Trump might be a day late and looking for that missing dollar . in. the end there may be debt jubilee and the loss of reserve status . i'm hoping that we have re-industralized , have revamped the energy generation sector with Nuclear generation and can grow enough food to keep the state session movements from getting the upper hand when that happens and those green pieces paper physical and virtual have lost all value . hunger is a powerful motivator.
The federal government, which presumes to dictate to us what intoxicants we may consume, is itself the ultimate addict to the intoxication of unlimited spending and unlimited debt, all while carefully avoiding taking a look at the inevitable final consequences. A financially irresponsible family might get itself into hundreds of thousands of dollars in debt, but our financially irresponsible government has gotten us into hundreds of trillions of dollars of debt, and is continuing to run up the tab at breakneck speed, while our legislators pretend that they're serious people doing serious work. I understand the pressure politicians feel to promise the gullible electorate free goodies without regard to long-term costs, but I still condemn them for what amounts to moral depravity for failing to face fiscal reality.
And exactly who created this mess? GOVERNMENT is 100% responsible. So you see, government does not work and the people working within it are completely clueless.
I cannot hit the like button as I don't like what you have posted, but truly, in the words of P.K. Dick, "Reality is that which does not go away once you stop believing in it."
It's all factual, and the pension funds are also going out on the greatest scam in human history, the Stock Market. Unsecured liabilities alone exceed $200 trillion, and there is no way to fix the system; it's meant to self-destruct:
The country was hijacked with the Federal Reserve Act of 1913 (when the private bank's lapdog, the IRS was also founded). The whole country, including everyone's assets, savings, and labor, have been offered as collateral for the govt debt that the captured politicians have been spending like a drunk sailor. “‘If the American People ever find out what we have done, they will chase us down the street and lynch us’ - H.W. Bush June 1992 to Sarah McClendon (White House Press Corps)”
Excellent comment: The so called "Civil War" was the beginning of the end for states rights, supremacy of the citizens and state sovereignty. It signaled the ascendance of the omni-powerful Federal Government, enforced by the overwhelming power of the US Military. The final nail in the coffin was Wilson's Federal Reserve Act of 1913.
I agree. As brilliant as the Constitution is, or was, the fact remains that there was no specific mechanism for the orderly secession of states from the Union. States naively thought the this was implied, because of the wording of the first paragraph in Declaration of Independence. This principle was not enshrined in the Constitution. When this was tested in 1861, the states learned a long, bloody lesson about their perceived "right of secession". The Federal Government showed its true colors, taught these states that you can get into the Union, but will NEVER get out. The Union Army dashed any future hopes of the states in this area.
I think if a state really wanted to leave in a non violent fashion you could arrange some fiction like selling the state to Canada and then Canada allowing independence. But it would have to be mutually agreed which is probably unlikely.
They will never pay any of that back, and I don't know how relevant that leaves the truth about their debt volume.
But wait! There's more! Here's a handy site: https://www.usdebtclock.org/
And, uh Jeff. No. Government has simply grown orders of magnitude more than our economy's ability to pay for it. Raising taxes on corporations only raises product prices. Three guesses on who pays that...
Or maybe taxation of immensely profitable corporate business has been just a few percentage points too low all this time. Ever think of that? Silly rightist nonsense here. It's corporate business, ultra-liberal to the very last "innovation," which developed and hyper-complexified our lives and economy in the first place. We are no longer riding horses and feeding ourselves from our homesteads - it's not 1780 anymore people! - and there is no way back to that. What comes in its place is massive integration of society, mutual interdependence, networks, communities of people who do not know each other. Government has been the only mechanism to administer all that complexity and anonymity amongst ourselves. Remove it, bankrupt it, deny the necessity of a strong state, and you're not going back to some Eden. You're going forward to a Third World dystopia, with even more senseless regulation, policing, hostility among social groups. Maybe a a few more percentage points of taxation on immensely profitable corporate business could have properly funded everything the state needed to administer the economy without being constantly sabotaged, resented, starved? Ya think? Silly rightists.
National income taxes were invented for war loans (to remove the risk of the king dying or losing), incentivizing war loans to both sides, or as many sides as possible;
the Federal Reserve and its ilk created enough counterfeit to fund the programs that shouldn't exist, funding the tumorous, risk-free, wild growth of parasitic, artificial parallel economies that exist to feed themselves.
We thought such innovations made risk predictible; instead, they've removed risk's realistic restraints. The Church of the Almighty Dollar under its lord Mammon worships the measurements, rather than the thing being measured - the society's health.
Note, Blackrock's Aladdin program merely calculates risk, with an eye towards balancing and leveraging it; an amoral tool that disregards the human factors, measuring the narrowest of metrics, to advance immortal legal fictions (corporations), is allowing private equity to devour and cannibalize the entire human society that permits it. Where is the off switch?
“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete. –R. Buckminster Fuller
.........................
There is a powerful, dynamic new model to reverse America's exploding federal budget deficits, restore financial security for millions of American families, and massively shrink government control over the daily affairs of citizens.
The Leviticus 25 Plan | https://leviticus25plan.org/
Full plan (pdf): file:///C:/Users/Owner/Downloads/Leviticus-25-Plan-2026-January-2025-3.pdf
I am teaching MY grandkids that this debt it NOT THEIRS!....the idea that CONgress can saddle my kids with DEBT,to make CONgress rich and murder people around the world....an EVIL that should be turned asunder.....
Thanks, Bob. I touched on that theme in an earlier article, "Government Debt is Taxation Without Representation," writing that "every deficit dollar is a burden that will be forced on future Americans who didn’t elect the spendthrifts who are shackling them to it."
The financial victimization is bad enough, but you're quite right to emphasize the sinister purposes for which that borrowed money is put to use. https://starkrealities.substack.com/p/government-debt-is-taxation-without
You're welcome,I enjoyed the article...I have a bad tendency to argue from a Constitutional "what should be" viewpoint instead of from current law and perceptions,I know the current polemics, but refute they should exist at all......thanks Be Blessed
Trump is trying to move in the correct direction but is a day late and a dollar short . another issue is what happens when AI truly takes hold and we see the predicted rise in unemployment added to the growing number of men and women who are voluntarily out of the work force . See the book "Men Without Work " By Nicholas Eberstadt .Sudden change such as this will only bring the call for more legislation and redistribution and continue the cycle . I have been a proponent of an article 5 convention which may have made a difference when the movement started 20 years ago but like Trump might be a day late and looking for that missing dollar . in. the end there may be debt jubilee and the loss of reserve status . i'm hoping that we have re-industralized , have revamped the energy generation sector with Nuclear generation and can grow enough food to keep the state session movements from getting the upper hand when that happens and those green pieces paper physical and virtual have lost all value . hunger is a powerful motivator.
The federal government, which presumes to dictate to us what intoxicants we may consume, is itself the ultimate addict to the intoxication of unlimited spending and unlimited debt, all while carefully avoiding taking a look at the inevitable final consequences. A financially irresponsible family might get itself into hundreds of thousands of dollars in debt, but our financially irresponsible government has gotten us into hundreds of trillions of dollars of debt, and is continuing to run up the tab at breakneck speed, while our legislators pretend that they're serious people doing serious work. I understand the pressure politicians feel to promise the gullible electorate free goodies without regard to long-term costs, but I still condemn them for what amounts to moral depravity for failing to face fiscal reality.
Just get your Weimar republic wheel barrow out they are going to continue to print money at ever faster rates.
Heck yeah.....laundry baskets might be a good investment...if you have a warehouse for the worthless specie....
And exactly who created this mess? GOVERNMENT is 100% responsible. So you see, government does not work and the people working within it are completely clueless.
The root cause is universal suffrage.
I cannot hit the like button as I don't like what you have posted, but truly, in the words of P.K. Dick, "Reality is that which does not go away once you stop believing in it."
It's all factual, and the pension funds are also going out on the greatest scam in human history, the Stock Market. Unsecured liabilities alone exceed $200 trillion, and there is no way to fix the system; it's meant to self-destruct:
https://rayhorvaththesource.substack.com/p/where-is-americas-gold-and-why-does
It's an extinction-level event even by simple math:
https://rayhorvaththesource.substack.com/p/extinction-level-event
It might be a good idea to remember that it all started with the so-called Constitution that gave power to the Federal Government over the states:
https://rayhorvaththesource.substack.com/p/do-you-believe-in-the-constitution
The country was hijacked with the Federal Reserve Act of 1913 (when the private bank's lapdog, the IRS was also founded). The whole country, including everyone's assets, savings, and labor, have been offered as collateral for the govt debt that the captured politicians have been spending like a drunk sailor. “‘If the American People ever find out what we have done, they will chase us down the street and lynch us’ - H.W. Bush June 1992 to Sarah McClendon (White House Press Corps)”
https://rayhorvaththesource.substack.com/p/if-people-knew-whats-being-done-to
Excellent comment: The so called "Civil War" was the beginning of the end for states rights, supremacy of the citizens and state sovereignty. It signaled the ascendance of the omni-powerful Federal Government, enforced by the overwhelming power of the US Military. The final nail in the coffin was Wilson's Federal Reserve Act of 1913.
This country was lost in 1865.
Spot on
Just said that comment in another article
Can’t be repeated enough it’s all been a fraud a giant grift
Well, it certainly was, but the way I see it, it goes back to the Constitution:
https://rayhorvaththesource.substack.com/p/do-you-believe-in-the-constitution
However, cartels became monopolies after 1865, which directly led to the theft of the whole country with The Federal Reserve Act of 1913:
https://rayhorvaththesource.substack.com/p/if-people-knew-whats-being-done-to
I agree. As brilliant as the Constitution is, or was, the fact remains that there was no specific mechanism for the orderly secession of states from the Union. States naively thought the this was implied, because of the wording of the first paragraph in Declaration of Independence. This principle was not enshrined in the Constitution. When this was tested in 1861, the states learned a long, bloody lesson about their perceived "right of secession". The Federal Government showed its true colors, taught these states that you can get into the Union, but will NEVER get out. The Union Army dashed any future hopes of the states in this area.
I think if a state really wanted to leave in a non violent fashion you could arrange some fiction like selling the state to Canada and then Canada allowing independence. But it would have to be mutually agreed which is probably unlikely.