To Preserve…

The War doubled the British National Debt, inflated and devalued the British currency Pound Sterling. This led to tax increases, deflation and rebellion.

Mentally ill King George III, his Lord of the Treasury and Whig Prime Minister George Grenville, acting for the for-profit private central Bank of England that financed the British monarchy and government, levied a series of taxes on Americans beginning in 1765.

http://en.wikipedia.org/wiki/George_III_of_the_United_Kingdom

http://en.wikipedia.org/wiki/George_Grenville

The first British taxes on the American colonies were the Stamp Act, followed by the Townsend Acts and ultimately the Intolerable Acts.

These American Colonial taxes had to be paid in scarce British Pound currency. They were seen as a violation of 1215 Magna Carta rights to limited taxes and taxation only by consent.

http://en.wikipedia.org/wiki/Stamp_Act_1765

http://hua.umf.maine.edu/Reading_Revolutions/MagnaCarta/index.html

These intolerable taxes, some of them a mere penny or two per pound, led to the formation of the Sons of Liberty in Boston by Samuel Adams, son of a brewer and failed tax collector, second cousin of lawyer President John Adams.

The Sons of Liberty succeeded the Secret Loyal Nine and became the Committee of Safety throughout the colonies, including such members as Silas Downer, the forgotten patriot, John Hancock, Patrick Henry, George Mason, Paul Revere and George Washington.

http://en.wikipedia.org/wiki/Sons_of_Liberty

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This entry was posted on Monday, February 1st, 2010 at 5:14 pm and is filed under Financial Planning. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

4 Responses to “To Preserve…”

  1. Richard Weddle Says:

    Holy Smokes Rich….
    Now that was a handful.
    This article should be published in the NY Times.
    Certainly we are seeing a ground swell in this country stirred by an irate citizenry.
    Perhaps it is not to late to take our country back.
    God have Mercy.
    Keep up the good work Rich, you are a true Patriot.
    Thank you. Richard

  2. Rich Says:

    Mahalo Richard:

    Henry Paulson acknowledged 93% of Americans opposed TARP and he did it anyway, bailing out himself and his firm Goldman Sachs with Ben Bernanke and Timothy Geithner’s help.

    No wonder the majority of Americans want a full Audit of the Fed and Treasury, including the Mints and Bullion Vaults.

    If we:

    A) turn off government monopoly media making heroes out of bums,
    B) share the truth which sets us free,
    C) help family friends and neighbors vote for Patriotic Constitutional Independents who truly serve US this Fall,

    then we may in fact take our country back from bonus banksters and their government corporate welfare pimps.

    The alternative is watching the Jericho Wall of debt crush our country and lives like Financial Armageddon.

    Uncle Sam owes more than we own. That cannot last much longer.

    We must pay down or forgive our debts with a spending freeze on deficits and earmarks and the 1% Transaction Tax on a quadrillion in voluntary transactions.

    Andrew Jackson paid off the public debt in 1835. So can we…

    Regards*Rich

  3. clicks Says:

    Rich,

    Like the website and all, but a reader needs to click 22 separate times simply to read the content of this entry. Perhaps a different format would be better?

    Cheers.

  4. Rich Says:

    Thanks clicks.
    Took it up with the management.
    Regards*Rich

 

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