Wednesday, March 24, 2010

New Mantra: Government Saved Us.

The taxpaying majority (TTM) is quite clear on what the government saved it from. Government saved TTM from living in a nation governed by laws, rules and regulation with checks and balances ensuring stability. Government saved US citizens from the American way of life, living near secured borders and protected coastlines.

Government saved TTM from a long-term fundamental strength of the US economy and economic expansion. A sound banking system, which enables small borrowers to finance business ventures, creates jobs and provides consumer loans. Government saved TTM from working jobs out sourced to foreign countries and in factories moved off shore.

Government saved TTM from a strong currency, a housing price steadily increasing, a global financial melt down and a flawed health care system. Government saved the American citizen from walking through airports not searched, not photographed or monitored.

Government saved TTM from irresponsible lending and borrowing practices by banks.
Government saved TTM from paying down the national debt, as well as personal and private financial obligations. Government saved TTM from spending a strong currency at home and abroad, to purchasing affordable food, gas and electricity.

Government has saved TTM from the low cost of a decent education. Government saved TTM from toxic assets weighing down financial institutions and threatening the world economy. Government saved TTM from the like of Iceland, Greece, Portugal and a dozen other nations.

Government saved TTM from economic financial collapse, more stimulus package, excessive money printing, to big to fail, escalating interest payment on national debt, hyperinflation and excess liquidity. No it was the Taxpaying Majority that saved us by assuming debt that their grandchildren will pay.

Tuesday, March 16, 2010

Has Government become Destructive?

Has the time arrived once again when the governed must throw off a captured government? Has the taxpaying majority’s (TTM) right to life, liberty and the pursuit of happiness been compromised? TTM right not to bailout a private global financial system has been eliminated by a destructive congress bought and paid for.

As stealth rebels pores over TTM’s southern border government prepares to stretch the military into a Yemen conflict. TTM is witnessing a massive global theft perpetuate by congressional deregulation. Nine years after the destruction of symbols of western capitalism an inepted government is unable to rebuild a single tower.

Government has allowed attacks on TTM from unregulated financial engineering of derivative. If there is blatant disregard for law, rules and regulation from above what should TTM expect from below? Lone wolf terrorist attack on Muslims, Jews and Christians highlights government’s inability to guarantee freedom of religion.

Government’s use of appropriate force to save the lives of patriots fighting in a Middle East theater deteriorates daily. Government has failed to regulate the value of currency by spending money from future taxes. Government devalues the dollar by decreasing its buying power when spent in supermarkets, gas stations and shopping centers.

Who will congress punish when the currency becomes as worthless as counterfeit notes. TTM watch in shock and awe as the constitution is abused and usurped for fleeting political gains. Congress has abandoned its fiduciary responsibility of representing TTM. When it is all said and done politician will say” no one could have seen it coming”.

Monday, March 15, 2010

Deregulating Regulations

The taxpaying majority (TTM) is witnessing the conclusion of decades of dismantling financial boundaries set in place to check moral hazard. Once again congress has demonstrated legislating morality is beyond their skill and pay level. TTM finances its military to enforce the will of nation around the globe.

Even in a war zone there are rules of engagement, which enable commanders on the ground control of chaos. There are rules and regulations of the high seas, air traffic corridors, highways, school attendance and the word of GOD.

Yet an international financial cartel (IFC) ruthlessly imposes its treasonous, unpatriotic and illegal will around the globe. It is only when IFC runs into insolvency does it recognize the authority of captured governments who bailout, back and enforce cartel will.

Hiding behind international organization that espouse to do good IFC is able to infiltrate countries, corrupt leadership and continue the plunder of resources. TTM must follow the rules of taxation enforce every April 15th.

Yet after decades of distractive, disruptive and deregulated legislation to shut down tax evasion entities trillion of dollar in taxes go unpaid. What has congress accomplished since the financial crash of 2008? Well in less then 48 hours congress signed a two-page regulation that gave away $2 trillion to IFC.

Counterfeit Promissory Notes

The international financial cartel (IFC) could drain a dark swamp of global excess reserves through issuing counterfeit promissory notes (CPN). The most difficult obsticle with counterfeiting involves convincing the taxpaying majority (TTM) to accept CPN in exchange for real estate, oil and debt.

CPN would have to be accepted as a means of exchange based on the full faith and credit of a currency carry trade government. Credit rating agencies, central banks and brokerage houses would confirm the viability of a CPN. CPN would only be redeemable with other CPN.

Eventually an exponentially expanding supply of CPN would lead to hyperinflation. TTM would end up holding a debt payable in worthless CPN. Worthless CPN will force creditors to take a serious haircut, break TTM and impoverish unborn generations.

Unborn generations are currently receiving a delayed tax on interest and money borrowed by today’s deficit spending government. CPN would reduce the purchasing ability of TTM pertaining to goods and services. Incremental but steady increases in the price of food, gas and water will take place due to expending supplies of CPN.

How many $100 notes can government’s printing press produce every 24 hours? Base on this number TTM can determined how long it would take to print a trillion dollar. If the CPN is base on full faith and credit of government TTM could pay off the national debt in X amount of time.

By the time creditors no longer have faith or confidence in the carry trade government’s CPN the national debt would have be paid in full with worthless paper.