[Homestead] a financial article
cayadopi at yahoo.com
Wed Feb 4 14:46:34 EST 2009
<<<That is why I preach the morality of the direct use economy.>>>
I wholeheartedly agree, there are a lot of moral attributes to a direct use economy.
Yet, for the most part we still need to exchange with others that which we can not produce.
We could do direct exchange,,, I'll trade you my dozen eggs for a handful of bean seeds.
Or we could use the indirect method of exchange that was invented - i.e. currency. There are moral versions of currency that can be used as an indirect method of exchange.
However, what we think is money today, paper dollar bills backed by national debt as opposed to an asset - is totally immoral, because they just keep printing more and more out of thin air, putting the citizens more and more into debt (indirectly because future taxes pay for all the newly printed greenbacks).
Looks like one group of people (which includes Ron Paul) has at least been doing some serious planning to get the US back to a sound currency. If I didn't post the link before, it is a 10 year plan, allowing gold/silver currencies to trade side by side greenbacks, and a 10 year education program. Let the people choose, instead of the Fed and Congressional thieves.
I'm thinking that plan won't happen -- too many don't understand it. We'll have to get to the direct use economy stage, direct exchange stage, first
“All political thinking for years past has been vitiated in the same way. People can foresee the future only when it coincides with their own wishes, and the most grossly obvious facts can be ignored when they are unwelcome. Political language... is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind.” ~ George Orwell
--- On Mon, 2/2/09, Clansgian at wmconnect.com <Clansgian at wmconnect.com> wrote:
From: Clansgian at wmconnect.com <Clansgian at wmconnect.com>
Subject: Re: [Homestead] a financial article
To: homestead at lists.ibiblio.org
Date: Monday, February 2, 2009, 8:21 AM
> >That is just plain scary that some supposed financial wizzard, some
> economist doesn't know or understand what payroll taxes include.
And scary as well that people don't realize that even if someone is so far
below the "poverty" level that they do not pay income taxes, they
still pay the
majority of all the taxes paid anyway. It is impossible for a corporation to
pay income taxes because any money the corp pays is added to the goods and
services it sells. The buyer and consumer ultimately pays the tax. When you
to buy that roll of fence wire or pair of boots (if they are new), you are
paying at least 27% of the cost as income tax ... someone's income tax.
don't necessarily report it on the 1040 and write the IRS a check, but you
none the less.
That is why I preach the morality of the direct use economy. When discussing
the concept, there is always someone whose soul is completely sold to the
dark side, who thinks money is God and God is money, who swaggers about saying,
"*I* pay income tax. You are a parasite on society because it is *I* who
the taxes that support the services you use." But who is it who pays the
with which you pay those taxes? It is the poor consumer, the ultimate source
of all the tax money ever collected through history. Fat swaggering
economic parasites don't produce anything of benefit to the folk, they are
valve or filter wherethrough flows the money generated by the masses.
The only way to break this cycle is the direct use economy. When you eat the
cabbage out ouf your garden rather than buy one, you are denying some fat
parasite somewhere the prerogative of fondling the money before it goes to the
person who produced the cabbage and thus denying the government's ability
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