EXACTLY.
I'm surprised that more on ZH aren't zeroing in on this to better understand this. I think most are just glossing over it. It's ridiculous (and a little suspicious) that ZH hasn't covered it.
You simply CANNOT comprehend what is really going on in DC and what all these issues with inability to reconcile balance sheets or the depths, breadth and control of the DS without truly understanding the money. YOU ALWAYS FOLLOW THE MONEY.
I just posted this on another thread... people need to understand these funneling mechanisms.But it's far more than just the $21T that Skidmore was able to track.
It's more than the $20T national debt.
In final 18 mos. of Bush administration, US lost $12T on its net worth, 20% of accumulated wealth over two centuries was gone in 18 mos. No one in .gov, Wall Street held responsible.
After financial collapse in 2008 - $26T in bailouts not including TARP or FDIC financing of US institutions ($100k for every person), all done by Fed Reserve w/out any act in Congress authorizing it.But it's far more than just the $21T that Skidmore was able to track.It's more than the $20T national debt.
In final 18 mos. of Bush administration, US lost $12T on its net worth, 20% of accumulated wealth over two centuries was gone in 18 mos. No one in .gov, Wall Street held responsible.
After financial collapse in 2008 - $26T in bailouts not including TARP or FDIC financing of US institutions ($100k for every person), all done by Fed Reserve w/out any act in Congress authorizing it.
We're getting robbed blind and who knows what they are using the lost money for, pretty sad state of affairs when the government is stealing from the people.
How are they held responsible? Is there any way for the people to take action? If anyone else was doing this it would be jail time, but it's the government who appears to be immune, but maybe that's because they make themselves immune through crap laws.
We should be paying the strict minimum taxes necessary to stay out of prison and literally be doing 90% of our transactions off-the-record in anonymity, just as the DOJ has shown us to do.
As above so below. If the rules do not apply to the sovereigns, they certainly do not apply to the subjects. As far as I can tell, the US government is already and has been for quite some time a criminal entity with no legitimacy to rule...
Let them and their big guns go around murdering and looting the planet... Fine.
But let them raise the prices of their goods and tax their own corporate kronies to do so...
I believe any corporation with under 50 employees with revenue under 10 million dollars a year should not be taxed. And if it is being taxed, it should cook its books. As much as humanly possible and still getting away with it.
Only a corporation with 50 or more employees or 10 or more so million dollars of revenue should be taxed with a flat rate of 20% or so... Take all the megacorps in America and that's more than enough to finance even the most absurd Pentagon projects... And it only means the price of a McFish Sandwich will go up by a dollar or two...
That way, if they want to start illegal wars and go around committing genocide in the Middle East, South America, Africa, and South-East Asia, they will need to ask the market to support them...
That would be a do-able social contract... For now, it's absolute madness.
Screw these bastards... Be warned everybody, they're coming for everything that we have...
They have a mentality of "us" versus "them"... AKA even educated liberal white people have been taken for target... If you're part of the 99%, consider yourself neofeudal serf-scum
The system is broken, jump ship and start creating alternatives.
That's what blockchain is here for, to shift the power, everyone who looks into the government knows it's a bit crooked, but how do we join together to create good change? Blockchain is the closest thing I've seen to being able to do it, we need to be the change we want to see, because we can put forth all the suggestions we want and never see any results. We'll just keep getting screwed over because for some reason we need to spend as much money as possible to build weapons and bail out the banks who stole from us and finance vacations for politicians
PS followed because it looks like we have some things in common