View single post by Joe Kelley
 Posted: Sun Feb 10th, 2019 02:24 pm
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Joe Kelley

 

Joined: Mon Nov 21st, 2005
Location: California USA
Posts: 6399
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"A nationalization of our economy"

All this talk as if the stolen power is in any way legitimate, and the battle is to stab the other criminal party in the back before having those in that party stab "our" party in the back. What a load of BS (Fake News).

"For, even if industry and business should remain privately owned, they would be held hostage to draconian regulation, and only operate at the whim of govt agents."

How about an example of being held hostage by so-called "govt agents"?

"But Hamilton wanted to go farther than debt assumption. He believed a funded national debt would assist in establishing public credit. By funding national debt, Hamilton envisioned the Congress setting aside a portion of tax revenues to pay each year's interest without an annual appropriation. Redemption of the principal would be left to the government's discretion. At the time Hamilton gave his Report on Public Credit, the national debt was $80 million. Though such a large figure shocked many Republicans who saw debt as a menace to be avoided, Hamilton perceived debt's benefits. "In countries in which the national debt is properly funded, and the object of established confidence," explained Hamilton, "it assumes most of the purposes of money." Federal stock would be issued in exchange for state and national debt certificates, with interest on the stock running about 4.5 percent. To Republicans the debt proposals were heresy. The farmers and planters of the South, who were predominantly Republican, owed enormous sums to British creditors and thus had firsthand knowledge of the misery wrought by debt. Debt, as Hamilton himself noted, must be paid or credit is ruined. High levels of taxation, Republicans prognosticated, would be necessary just to pay the interest on the perpetual debt. Believing that this tax burden would fall on the yeoman farmers and eventually rise to European levels, Republicans opposed Hamilton's debt program.

"To help pay the interest on the debt, Hamilton convinced the Congress to pass an excise on whiskey. In Federalist N. 12, Hamilton noted that because "[t]he genius of the people will ill brook the inquisitive and peremptory spirit of excise law," such taxes would be little used by the national government. In power, the Secretary of the Treasury soon changed his mind and the tax on the production of whiskey rankled Americans living on the frontier. Cash was scarce in the West and the Frontiersmen used whiskey as an item of barter."
Reclaiming the American Revolution: The Kentucky and Virginia Resolutions and their Legacy
by William Watkins

Criminals create a despotic nation-state, doing so by telling lies and making threats, and then once the criminals are firmly in power they reveal their true colors.

Those who need to make ends meet produce a competitive form of money, they do so because the better money (gold) was driven out by the criminal infusion of counterfeit money (promises to pay that are lies documented on the very paper printed by the criminal frauds), and what does the so-called government do when people rebel against taxation without representation?

The draconian despot on top of the newly created pyramid scheme abuses the despotic office of President of the corporation by conscripting (enslaving) a national army of tax collectors to invade a former independent state and crush that spirit of liberty out of those slaves in that state. Pay or suffer, and pay without question.

That is an example of this:

"For, even if industry and business should remain privately owned, they would be held hostage to draconian regulation, and only operate at the whim of govt agents."

Farmers were run out of business by draconian regulations, including excise taxes payable in gold, and including the subsidization of a criminal labor force, paid for by the farmers whose capacity to compete with slave labor was already compromised by the draconian regulations that refused to defend the slaves, and then the farmers had to pay the draconian slave masters for the costs spent by the draconian Nation-State in enforcing slavery. Dig your own grave, and don't question the order to do so.

"The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned."

Counterfeiting law is not news, it is the norm since 1789.