Who Owns Taxpayers' Money?

by JB Wed Jun 10, 2009 02:11

This constitutes an attempt to suggest that there obtains a

deep unity between the classes.

No. It doesn't suggest a deep unity between the classes.

and let's look at where you went wrong.

In the first place the taxpayer is a category that can include all classes since each of

the social classes pays taxes.

Don't the super rich usually have good accountants to exploit (or even suggest loopholes to lobby for) tax breaks.

So no. calling taxpayers money does not suggest a deep unity between the classes. Suggesting that all classes pay taxes suggests a deep unity, and it's you making that statement isn't it?.

It's called tax payer's money cos it comes from PAYE, VAT Stamp duty etc. and they bloody misuse it. And we should cal it our money and hold them accountable. (and also push for an end to tax loopholes)

by Voter. Wed Jun 10, 2009 07:58

"In the first place the taxpayer is a category that can include all classes since each of
the social classes pays taxes."

This nonsense about "Class" really does lead some people down a blind alley.

Analysing the world through the here-today-gone-tomorrow Marxist nonsense of Class Warfare is pure unadulterated codswallop.

It leads to nowhere.

The real "engine" of historical progress is Science and Technology...not petty class divisions.
.

by Anoy Sun Jun 14, 2009 05:17

There is no money only debt (euphimistically refered to as credit), we live in a credit system and have done so, completely since 1971 (when hard money was replaced with FIAT) and partially before that after the Bretton woods agreement precided over by FDR. Money / credit or as it should be more correctly called debt is only borrowed into existence, the interest however is not - that has a peculiar mathematical reality to it - the Money or debt in circulation is never enough to pay off the amount owed, this is valid for government debt as it is for private debt. This is not a problem when the economy is expanding (the bubble expanding) as more money / debt is being loaned into existence then is being paid down everyone is happy and laons can be easily repaid by most, but like all ponzi schemes it only works till there are no more suckers left to take on 100% mortgages, credit cards debt or home equitity loans etc.. when this happens the money supply contracts, money is repaid but never replaced by further borrowing elsewhere, the speed of which, depends on how big the bubble is which preceded it - this is the so called business cycle. In the case of Ireland and most parts of the world (once driven by the now totally indebted american consumer) the bubble blown was massive, hence massive deflation (or brusting of the bubble) and debt destruction, which now outpace debt creation i.e consumption driven by borrowing, and hence there just aint enough money / debt in the system to allow all the existing loans to be serviced ergo repossesions, defaults, etc..

As for your tax money paying for public services it does not - it pays the interest on the loans made to the government by private banks (the national debt) and hedge funds who buy government debt in the form of treasuries, gilts or bonds , government can not nor does not issue money only borrow, all money is virtually totally created or loaned into existence by the private banking system, except for the base money supply which is issued by central banks, however this base money creation lags exogenous or private money supply, hence private banks are also extracting seniorage from the public- the further expansion of that debt characterised by government defecits pays for the so called public "services" or day to day running of the country - this is the true nature of the scam private individuals / corporations get paid obsence amounts to provide a utility which should be public, it is utterly parasitic in nature i.e. Money creation. We are encouranged not to talk or think to hard about money or banking because it is a) so called conspiratorial or we are told money policy needs to be independent and it is boring - yin the case of independence, no institution like a central bank bank weilding such fearsome power as the sole right to set the interest rates on debt and having a blank checkbook to ccreate money is ever independent, it will always attract vested interests, the question then is independent of whom.

I have made this point before on this forum and suffered editorial consequences but I will make it again because of my deep seated belief, there is not many things more important then educating yourself, your family and friends on what is and how is money created, especially as more and more people are experiencing the devestating effects of the in built mechanism in its creation and usage.

It is not just the current political system which is the problem it is the underlying foundation of commerce which is the bigger issue imo i.e money as debt - the problems will remain if the current money system stays in place unchanged, regardless of which political system sits over it capitalism, communism, socialism etc.

There are many differrent alternatives which are and have been suggested from a return to the gold standard to issuing FIAT currency as a public utility to abolishment of legal tender laws and others, do yourselves a favour educate yourself, be able to identify and characterise your enemy, until such time you are fighting blind with one hand tied behind your back.

The current system is a form of slavery imo.

(Don't even get me started on NAMA in Ireland, TARP etc.. in the US and other chemes in Britian and elsewhere and finally quantative easing being engaged in by the FED, ECB, BOE, this all amounts to outright thievery in broad daylight on scale never seen before.)

I have simplified this post somewhat and omitted much for space and time constraints but I believe everything I have posted is accurate.

God bless

by Troublemaker Mon Jun 15, 2009 18:29

Absolutly right. Other People have been lablled conspiracy nutters etc for even attempting any of the above.

Simply put.There IS no Money. There are just pieces of Paper with ink on them that People use to buy more shit They don't need , pay interest on using it by wasting their valuable time on the Planet working to pay it back with the same FIAT Currency. All this keeps the Law of Banking in control of the lives of People who pledge THEIR flesh and blood with their signatures that turn them into debt slaves, dry bones.

People trap themselves with their signature. Your signature creats the debt in the first place by UNDERTAKING (undertaker , death (debt).

The Prophet Ezekial describe them as 'dry bones'. No life.

Remember the song in episode 17 of the Prisoner when number 48 ( ppsn)sings them bones them bones?............... . back bone connected to the shoulder bone - shoulder bone connected to the neck bone now hear the word of the Lord.....

Many are in the valley of dry bones.

WAKE UP..............WAKE UP
Sign nothing. Simple.