Comment: Shhh. That part's secret. Hidden behind deficits don't matter.

(See in situ)


Shhh. That part's secret. Hidden behind deficits don't matter.

I listened again. John was repelled bu the notion of being like the communists he hates. Silly man.

If he knows that profits exceeding 6% after expenses are paid as a franchise tax to the US Treasury, then it could make sense to him.

US borrows Foreign Aid so countries can buy Federal Reserve Products and increase profits and the franchise tax paid. Taxpayers pay interest on debt principal, forever the way Congress is going. Or the creditors send in the repo men.

Sec. 7
http://fraser.stlouisfed.org/docs/historical/fr_act/nara-dc_...

So far I have only found 3 Congressmen that understood the danger. Rep Lindbergh Sr, Rep McFadden and Ron Paul.

The Reserve members win, Wall Street and Main street gets squashed by regulations to maximize the franchise tax.

It's not redistribution in the marxist/progressive sense. But it does amount to redistribution and it's doomed to failure.

Free includes debt-free!