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Default Deflation Depression III~ Versus the Myth of the Salvation of Hyperinflation
Their elevated prose soars far above and beyond the politicians of today, to a Constitutional, free, frugal, independent, prosperous, self-reliant virtuous America.
These Patriots saw these qualities as interlinked as the Olympic rings.
Both Jefferson and Washington decried party politics and wars pitting one group or nation against another to steal freedom and prosperity.
They called for Unity of Republican representative government, rather than subdivision by foreign emolument lobbied demagogues.
Like the Lord’s Prayer, they called for paying or forgiving our debts as our debtors pay or forgive US.
Washington pointed out Constitutional (uniform) taxes are necessary for Constitution limited Government to pay for itself.
Income taxes were not Constitutional until a European Bank Cabal put them through with the Jekyll Island Federal Reserve in 1913.
http://www.frugalfun.com/jekylisland.html
http://video.google.com/videoplay?docid=6507136891691870450# 42:15
Washington warned re the gradual encroachment of government becoming despotism stealing the fruits of our labour.
The fairest, most productive voluntary tax is still the uniform 1% Transaction Tax, with a spending freeze to replace income taxes that fell -34% in April 2009.
Before people dissemble that TT may drive more capital offshore than already fled, while destroying the markets, consider how well a transaction tax works today in the UK.
Investment Banker, Realtor and Fund Fees routinely take 5% and more. This does not seem to have halted their business anymore than a bad economy.
Real estate transfers and security exchanges routinely charge transaction fee taxes.
A real transaction tax existed from the Revenue Act of 1914 until 1965. The TT was doubled by the Revenue Act of 1932 to pay down extraordinary government costs.
http://www.taxhistory.org/thp/readings.nsf/ArtWeb/6062A8E3B6C9C7C585257480005BFEE6?OpenDocument
Those that do not learn from history may be condemned to lose more money.
Washington, Jefferson and Lincoln are posted at
http://www.jubileeprosperity.com/
Holiday regards*Rich
