The Case Against the Fed

by Tom LaMar; I would appreciate all the true sources of such knowledge any of you can find, not just blogs, you-tubes and the like. We need real knowledge, real people, like Judge Napolitano (where are they...can't all be on the take?) . Eradicating the Fed from our country will be nothing short of a monumental task, much as our founding fathers did to the banks of England...the real reason for the revolution, as we were then able to fund/monetize our own affairs during that other critical time in our history. But how do you stop a freight train when you can't reach for the brakes...obviously several ways; let's keep them guessing, but always invite them to join us in this hopefully civil pursuit. I would like to think that we are capable of leaving a better world than we are finding it, even if we only make a beginning soon.

couple of important truths.

Intelligence agencies are NOT supervised/overseen/controlled by congress.

I am the close relative of two intelligence agents and the acquaintance of two others.

This in and of itself, does not make me an expert in these matters. It does give me a perspective on the truth.

Mr. Rothbard should do his research before making a statement that would suggest that our intelligence agencies are "monitored" or conduct themselves within the limits of the constitution of the United States or, better yet, their charters.

It is a first paragraph such as Mr. Rothbard's that helps a newcomer understand that oh so many of the commentators and well educated men of our time have forgotten the truth, make little effort to find it and far more importantly, give it to all of us. (No, I will not accept that he was using the congressional controls and the intelligence agencies as a "figure of speech" or an example)

The intelligence agencies of the United States have been trampling the rights and lives of innocents for over a hundred years and continue to do so as you read this.

The truth is what matters in a world of lies and we need Mr. Rothbard and others with the power of their pens to spread this truth and help us build a world ruled by peace, not by so called "supervised" intelligence
agencies.

(The families that own the fed invented the intelligence agencies and have staffed these agencies with family members since the start...who else could you trust with all of your lies?)

Nice review, this reminded me of Eddie Cibrian. Apparently, that doesn't stop the gossip rags from putting his name out there. Eddie Cibrian is a hack actor that can't even get a gig on PBS, but manages to get a few movies on Lifetime (where acting careers go to die) every now and again. Apparently, we have an attention deficit that is in need of serious debt relief. He is implicated as being the man in Leann Rimes' affair, as the pair had starred in a Lifetime movie together His wife, Brandi Glanville, is not amused, and has thus far indicated that Rimes better get her hands off her man; otherwise Eddie Cibrian will need debt consolidation after a divorce.

This new film confronts the Political and Psychological implications of Collectivism and Fascism:

http://www.youtube.com/wa...

The Internal Revenue Service will be more aggressive in collecting
back taxes and prosecuting Americans accused of tax evasion, according to the new Treasury Secretary, Timothy Geithner.

The Internal Revenue Service, one of the Treasury Department's
agencies, claims that billions of dollars in income tax assessments were not
paid by Americans. If not collected, annual unpaid taxes keep accumulating
each year along with penalty and interest charges to create an inventory of
"tax debts," which approached $300 billion at the end of fiscal year 2007.

IRS has a complex process to collect unpaid tax debts by contacting
taxpayers through notices, telephone calls, and in person. Because IRS has a
very large debt workload and limited resources spread across multiple units,
it must make numerous decisions about how best to handle debt cases. The
complexity also arises because debt cases can take various routes based on
about 70 IRS decision rules used for handling cases.

The rules respond to a wide variety of debt characteristics,
information known about the taxpayer, and the results of attempts to contact
the taxpayer or take enforcement action. From fiscal years 2002 through
2007, increases occurred in the unpaid tax debt inventory, the percentages
of debt classified as potentially collectible and in active collection
status, and the dollars IRS collected.

The Internal Revenue Service reported to Congress that it has not
pursued some tax debt due to limited resources, manpower constraints and
higher priorities. As a result, the US Congress has authorized the IRS to
contract with private collection agencies to help collect tax debts.

"A total of $332 million would be devoted to new Internal Revenue
Service (IRS) enforcement efforts, including $128.1 million to add nearly
800 new IRS employees to combat... tax evasion and improve compliance with
tax laws by businesses and high-income individuals, " said Treasury Secretary
Timothy Geithner, himself an accused tax evader.

"Another $130 million would go to bolster the security of IRS
information technology, improve the efficiency of its business systems and
upgrade its fraud detection capabilities, " he said during a press
teleconference.

The IRS developed a Private Debt Collection (PDC) program started with
a limited implementation in September 2006 and fuller implementation began
in January 2008.

Unfortunately, according to the Center for American Progress, the
structure of the IRS program encourages abuse. Under the program, collectors
are awarded as much as 25 cents of every dollar they collect, in addition to
a $100 bonus for every account they close.

This provides incentives for collectors to push the limits of legality
to extract a little more revenue from their targets. As part of the IRS
Restructuring and Reform Act of 1998, Congress, fearing overly aggressive
collection practices, explicitly prohibited the IRS from compensating its
own collectors based on the amount of money they collect.

"If Congress believes that incentive-based pay will cause official IRS
collectors to cross the line, why would they think private collectors would
behave any differently? " asks political strategist Mike Baker who also took
part in the press conference with the Newswithviews. com reporter.

"What we're witnessing is an increase in use of 'bounty hunters' to go
after people the IRS deems as being tax evaders or lawbreakers, " warns
Baker.

Although IRS officials indicated that the purpose of the limited
implementation phase is to assure readiness for full implementation using up
to 12 private collection agencies, the IRS has not yet documented how it
will identify and use the lessons learned to ensure that each critical
success factor is addressed before expanding the program starting in January
2008.

Because program success will be affected by how well IRS makes
adjustments, assessing the lessons learned in limited implementation is
critical. Also, IRS has not documented criteria that it will use to
determine whether the limited implementation performance warrants program
expansion.

IRS officials indicated that they are considering criteria that could
trigger a go/no go decision, such as the amount of taxes collected and
indications of PCAs abusing taxpayers or misusing taxpayer data.

The Internal Revenue Service proposal of paying private debt
collectors a 25 percent commission to collect unpaid tax debt is meeting
with some resistance from some members of Congress. They claim the proposal
will jeopardize the rights and privacy of American taxpayers.

Several organizations voiced their objections to the IRS game plan and
have expressed their strong support for this important consumer protection
legislation Rep. Chris Van Hollen introduced: Citizens for Tax Justice,
Consumer Federation of America, Consumers Union, National Consumer Law
Center, National Consumers League.

"Paying private debt collectors on a commission basis will be costly
and will threaten the rights and privacy of the American taxpayers. We must
ensure, as this resolution seeks to do, that federal tax collection
functions will not be handed over to private sector bounty hunters," claims
Mike Baker.

Critics of the private collection agency program say that, compared
with private debt collectors, whose bad apples star in countless horror
stories of debtor abuse and intimidation, the IRS's customer-service- based
approach may start looking pretty good to taxpayers.

A recent Center for American Progress report noted that "19% of all
complaints received by the Federal Trade Commission (FTC)... were related to
debt collectors, up from 10.5% in 1999. The FTC received more complaints about debt collection in 2005 than about any other industry -- 66,627, a
560% increase over the last six years."

The report's writers claim this will likely occur with private
agencies working on behalf of the IRS.

IRS officials say they will have a little more than a half year to
identify the lessons learned before incorporating them into the next
contract solicitation, which IRS intends to release in March 2007.

Related to such decisions on expansion is IRS's planned comparative
study of using PCAs. That study is to compare using PCAs to investing IRS's operating costs into having IRS staff work IRS's "next best" collection cases. Under the documented study design, IRS would exclude the fees paid to PCAs from the costs and subtract those fees from the tax debts collected by PCAs.

While such a study might produce useful information, it will not
compare the results of using PCAs with the results IRS could get if given
the same amount of resources, including the fees to be paid to PCAs, to use in what IRS officials would judge to be the best way to meet tax collection
goals.

Adequately designing and implementing the study is important to ensure
policymakers are aware of the true costs of contracting with PCAs and know whether PCAs offer the best use of federal funds, while using the least abusive and intrusive tactics to collect tax money owed.

But taxpayer advocate Nina Olsen says that collecting tax revenue is
the core job of the IRS, and it should continue to bear that responsibility
while protecting taxpayer rights. IRS employees cost only 3 cents for every dollar they collect, making them many times more cost-effective than private collectors.

From:The Liberty Outlook
Freedom is another way to God...A corrupt government is a straight way to hell.

As another patriot observed, the Fed is printing money at will and paying for their PR campaign with Federal Reserve Notes. The Fed is debasing our currency at an alarming rate with no oversight or control from Congress.

The PR campaign has started whereas Bernanke appeared on 60 Minutes last night with Scott Pelley. http://www.cbsnews.com/st...

FED hires LOBBYISTS which is the very definition of POLITICAL. Where do they get a budget line item for lobbying and propaganda??? TARP???

AUDIT THE FED ! ! ! ! !