Ron Paul with Cavuto ~ What We Are Witnessing Is A "Failure" Of The State, Gov't & Fed
Obama is leading Amerika down the yellow brick road to economic ruin. Protect yourself any way you can. Pretty soon the entire country will look like tornado-strewn Oklahoma or a bombed-out Detroit once he is done with gutting it.
Most government programs turn out to be traps for grabbing your money one way or another, with penalties, fines, surcharges, etc. Currency inflation is a form of taxation without regard to income.
The only authority for a federal tax is the 16th Amendment, so one could argue that “quantitative easing” is a violation of civil rights because the power to print currency in unlimited amounts was never granted to the federal government. The constitution authorized only gold and silver as payment.
The point is, the federal reserve could be sued for civil and constitutional rights violations by anyone whose savings are diminished by the printing of paper currency. Few lawyers would want to take that case to federal court, but the legal theory supporting a claim seems plausible.
Inflation is already hitting Australians big time however the sheeple down under are soothed along in their daily serfdom without much complaint? I guess a slab of beer (24) cans while watching the footy ball on the telly Saturdays with a few sausages thrown on the BBQ is enough compensation through Sunday gets them ready for never ending tax paying Mondays!! lol.......Get ready for high unemployment down under folks, less beer.... and BBQ's will be a thing of the past! The PM Gillard will see to that by slamming you with an additional carbon tax if you light the Barbie! Chinese own the place now anyway except for the big four banks they are owned by the City of London!! Debt Slaves paradise????
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