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Editorial
See other Editorial Articles

Title: US Debt - Visualized in physical $100 bills
Source: YouTube
URL Source: http://www.youtube.com/watch?v=iTBODoBaCns
Published: Dec 5, 2012
Author: Demonocracyinfo
Post Date: 2013-10-10 22:26:58 by GreyLmist
Keywords: US Debt, Debt Ceiling, Visualized, $100 bills
Views: 399
Comments: 2

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#1. To: GreyLmist (#0)

Wow! That's a lotta debt right there. Glad it ain't comin' outta my pocket.

Obnoxicated  posted on  2013-10-10   23:12:24 ET  Reply   Untrace   Trace   Private Reply  


#2. To: Obnoxicated, All (#1)

Wow! That's a lotta debt right there. Glad it ain't comin' outta my pocket.

Interesting article:

Event Horizon Chronicle Nothing More Surreal Than Fed World

Sigh. The things you learn reading the USSA federal code.

Take for example, USC Title 12 - Banks and Banking, Chapter 4 - Taxation , Subchapter I - Federal Reserve Banks, § 531 - Exemption from taxation Federal reserve banks, including the capital stock and surplus therein and the income derived therefrom shall be exempt from Federal, State, and local taxation, except taxes upon real estate.

Got that? The Federal Reserve banks have trillions of dollars in assets – TRILLIONS – and by law they do not pay even one penny of tax on any of that. NO TAX. None. Only real estate taxes.

Yet you are obligated to pay all kinds of taxes, for all kinds of things, to the USSA federal government, to the state government, to the county and city. But not them. Not the federal bankers. Not Mr. Federal Money Bags. No, sir.

See, he thinks he's better than you, with his trillions and trillions of dollars. Which he creates out of thin air, from nothing. But Mr. Federal Money Bags, having manufactured trillions of dollars for himself and his friends, and then having lent those trillions of dollars at interest to you, pays no tax at all, not on the original trillions, nor on the myriad billions of dollars that he reaps in interest payments from you.

You must pay many kinds of taxes, by law, at multiple levels of government, but not Mr. Federal Money Bags. He is exempt from paying ANY TAX AT ALL on the trillions of dollars that he manufactures for himself right out of thin air, and also pays NO TAX AT ALL on the billions and hundreds of billions of dollars that he collects in interest, calling directly to mind the "... surplus therein and the income derived therefrom ..." so succinctly cited in the USSA federal statute reproduced above.

Mr. Federal Money Bags fancies himself to be better than you. Because he makes money, no, I mean he actually MAKES money, he physically creates money, he physically manufactures money by the train car load full of shrink wrapped pallets of hundred dollar bills, millions and millions of them. And pays no tax on that.

NONE.

Wrap your head around that if you can. In one simple sentence the USSA government tells him that, hey, he doesn't have to pay one penny of tax.

Now go to Title 26 of the USSA Federal Code, the Internal Revenue Code, and it runs to more than 3.4 million words, the equivalent of 7,500 letter-sized pages. Those are your tax instructions.

Do you see the two sets of law? It's right there in black and white. A whopping 3.4 million words and 7,500 pages of law for you, and just one sentence for Mr. Federal Money Bags that tells him he don't need to pay no steenkin' tax at all to no federal, state or local tax man.

But you do. And if you don't, Mr. Federal Money Bags will send men with guns to force you to pay, against your will.

But he never pays. Not one penny.

That's how it is set up.

Now you understand everything you need to know about the banking system in the USSA.

But There Is More

Just to drive home the thorough illegality of it all, the pervasive, fake phoniness of it all, the sheer, unchecked criminality of it all, the audacious, in-your-face nothingness of it all, check out the organizational structure of the USSA Department of the Treasury. You will not find the Internal Revenue Service (IRS) listed there. It just is not there. Notwithstanding that your whole life you have been told that the IRS is an agency within the USSA Treasury Department. And yet, when you go directly to the federal code to ascertain the organizational structure of the Treasury Department, it's not there. To be sure, the website of the USSA Department of the Treasury lists the IRS -- but an Internet website is not statutory law. It is true enough that the IRS will send out notices that say at the top "Treasury Department," but then many organizations, including fraudulent organizations such as criminal mafias, have treasurers and treasury departments. The fact remains that the governing legal code of the USSA government does not list the IRS as an agency or bureau of the national Department of the Treasury. The United States Mint is listed, as is the Bureau of Printing and Engraving, the United States Customs Service, the Office of the Comptroller of the Currency, the Office of Thrift Supervision, etc.

But not the IRS. It simply is not there. The sheer scale of this massive, century-long criminal scam is

a Treasonous hologram? -- way beyond the author's understatement of "chutzpah", anyway. Reference links at the site.

GreyLmist  posted on  2013-10-14   14:25:11 ET  Reply   Untrace   Trace   Private Reply  


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