To Preserve…

In recent history, inflation into higher income tax brackets accomplished similar results.

The deceptively modest Tea Tax culminated in the Boston Tea Party led by Samuel Adams and the Sons of Liberty disguised as Native Americans.

On December 16, 1773, after British officials in Boston refused to return three shiploads of taxed tea to Britain, a group of colonists disguised as Indians boarded the ships and destroyed the tea by throwing it into Boston Harbor.

Thus began the cry of No Taxation without Representation.

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

The first Sons of Liberty Tea Party was funded by John Hancock after his sloop The Liberty was impounded by the British for smuggling Tea and Rum from the Dutch Indies.

John Adams successfully defended John Hancock from the British.

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

Joseph Kennedy and the Bronfmans reportedly did similar whiskey smuggling from Scotland and Canada with Schenley and Seagrams brands during and after Prohibition.

http://www.skolnicksreport.com/whiskey.html

The Boston Tea Party led to blockades, court cases, fines, impounds and more taxes.

The Coercive or Intolerable Acts led to the Declaration of Independence.

A primary motive for the American Revolution was freedom from taxes.

British taxes and Revolutionary War debts led first to inflation of the Continental paper fiat currency, then to economic depression in 1780 when the debts and taxes owed European war investors could not be paid.

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

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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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