Re: George Graves--A Question

Edwin wrote:

On Nov 12, 6:36 pm, Maverick <S...@xxxxxxxxx> wrote:

Edwin wrote:

On Nov 11, 11:07 am, Maverick <S...@xxxxxxxxx> wrote:

ZnU wrote:

In article <0001HW.C35BE99101499770F0182...@xxxxxxxxxxxxxxxx>,
George Graves <gmgrav...@xxxxxxxxxxx> wrote:

On Sat, 10 Nov 2007 22:02:28 -0800, Redhenk wrote
(in article <hflam-422FC8.22022610112...@xxxxxxxxxxxxxx>):

In a recent OT post, dealing with economics, you stated that "Col." E.
M. House was a Marxist. I found this statement surprising. From my
reading of American history, I've learned that House, an important
advisor to Woodrow Wilson, a scion of a wealthy landowning Texas family,
was a early 20th century Progressive, not a socialist.

Using Google I've tried to find more about House. The only thing that
I've been able to find is that in 1912 he wrote a novel, named _Phil
Dru, Administrator_, in which a character says something about
"socialism as dreamed by Karl Marx". To repeat, a fictional character in
a novel. I have not been able to find anything that would varify your
assertion.

I'm puzzled about this absence of any more information on House and
Marxism. Would you be able to provide me with any references that back
your statement?

Marx and House had something in common, Something that makes it a dead-cinch
certainty that House was a Marxist. Marx, in his "Das Kapital" stated that
the best way to bring down a capitalist economy was to institute a graduated
income tax. House followed that recipe for the destruction of the U.S. by
championing such a tax. Luckily, Marx was wrong about this (as he was about
practically everything having to do economics and relationships of the
classes to one another).

Or maybe House was smart enough to recognize that a graduated income tax
isn't a useful way to destroy a capitalist economy. Which, as you point
out, happens to be true.

I'd go so far as to argue -- and I don't think this is a new argument --
that a graduated income tax is *necessary* to the functioning of a
capitalist economy, because in the absence of one, or of a similarly
pervasive wealth redistribution mechanism, concentration of wealth
eventually becomes so extreme that markets become dysfunctional.

Hardly. The income tax is what drains the wealth of a country and
transfer this wealth to a handful of people.

Silly me, here all this time I thought it went to pay for the
military, to build roads, etc.

The corporates pay for the military,


It does? Explain the mechanism for that one.

Ever heard of the industrial military complex?
These consist of the major corporations on the DOW.
These mega corporations build the hardware for our military and also do the research. And of course they also lobby for certain tax exemptions. They really only pay for their own hardware that they build. Hard to see, but it is still there nonetheless.



the roads are out of state property
taxes...


Interstate roads are not built with state property taxes, and most
state roads are built with assistance from the Feds.

Yet, the states that want interstate roads built, have to kick in thru the right to tax. You have part of it right tho. But which taxes are those from the feds? Most likely none from your income taxes. Note that there are other taxes used for this.



and your federal income tax pays for the interest on the
national debt.


Among other things. Lots of other things.

Not from what I've heard.



Now who do you suppose is reaping this benefit?


Are you going to give more than a vague answer to that?

I asked the question first. Who is the benficiary of our taxes that pay off the interest rate? It certainly isn't us or the gov.



Who are these "handful of people" who are getting all our money?

The banking elite of course.


That's not an answer.

Looks like one to me.
Do you know who the central bank is?
Well, it ain't JP Morgen or Citibank.
Try the Bank of England for one.



The best thing to do is do ones own research.


Because the answers aren't coming from you, obviously.

No, I've already done the research.
Read up "The creature from Jekyll Island" and you'll find out your answers.
Google for it.




Our income tax goes only
to pay the interest on the debt. And where does that interest payment
go? Certainly not our government or any of the U.S. citizens.

Where does it go then?

Back into the banking elites hands and their nice fancy bank buildings
of course.


Where does the money come from that pays federal employees if all of
the income taxes are somehow given as a gift to banks so that they may
build fancy banks?

Imposts, duties, and tariffs.
That has always been the revenue that ran this country from the very beginning.



Technically, the U.S. is now bankrupt... which is causing the dollar to
plunge like a rock.

But we've been "bankrupt" since WWII. Why is this a problem only now?

Because the value of the dollar is dropping fast. Right now it means
inflation of prices of goods.
Soon people that have mortgages won't be able to make their house
payments, let alone the credit card debt, their car payments and of
course their food and utility bills.


You evaded the question. Since WWII the U.S. has had decades where
the dollar had high value in spite of the country being 'bankrupt.'
You're going to have to find another reason why the dollar is losing
value. Like maybe because other countries are improving the strength
of their currencies?

The dollar has always been going down in value ever since 1913. Before 1913, you could buy a suit in 1813 and then buy a suit in 1913 with no change in the dollars value. The price you payed for a suit in 1914 will be less than one purchased in 2014. The 2014 price will be greatly inflated due to creating money out of thin air, which causes the value of the dollar to drop over time. With gold backed standard, gold cannot be corrupted by politics, nor does its value change. What appears as gold value changing is nothing more than the dollar changing in value.
Look at your dollar bill and what is one dollar mean? A dollar of what?
In 1872 the dollar was defined to be 23.22 grains of gold. Today it is not anything but debt.
Right after WWII we were the only industrial nation that was left intact. Then we were a creditor nation. Today we are a debtor nation. This alone should mean something to you. It means that the dollar is practically worthless to the rest of the world. The only thing keeping it up is the military factor of war and nothing more.
Now google on the USDX and click on the first link shown.
Look at that chart. Nothing more than a nosedive. It has been said that when the dollar dips below the 75 mark, kiss it goodbye.



This is what happens when you run a fiat money system... they only work
for a short while, then they collapse.

When do you expect the sky to fall? I ask for information only.

You seem to have tunnel vision.


Not at all.


It means that people aren't really aware of the consequences.
It is the public that is at fault for the mess we are in right now. No one puts anything in savings these days. By "No one" I mean the youth. They are all in hock to their eyeteeth in debt. May as well say "We owe". But to whom?


But of course I don't expect the vast
majority that have been raised under this silly system to understand the
end results.


So now it takes your 'special insight' to understand this, your lack
of any rational answers notwithstanding?


Again, google "The creature from Jekyll Island" for a better insight to the problem.


Right now, it is called global consolidation of all wealth.


The last group who believed that were responsible for the Holocaust...


I know. And it is happening again.
All I'm trying to do is to get people to wake up and see what is really going on.
.

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