Libertarian rant on taxes: an interesting read

President Bush closed his State of the Union speech with the following cogent remark:

"Americans are a free people, who know that freedom is the right of every person and the future of every nation. The liberty we prize is not America�s gift to the world, it is God�s gift to humanity."

Definition: Liberty - the societal condition that exists when every one has full (100%) control of their own property and all of the derivatives thereof.

"We" purport to have government "Of, By, and For the People." From where exactly is the individual authority which President Bush states is the right of every person derived? The answer is as clear as is the sum of 1+1.

As no individual person is born with any individual authority to impose a tax on anyone else it reasonably follows that "we" do not have any individual ability to delegate such authority to "our" "representatives" in order for them to lay a tax on anyone.

"Taxation" is theft by deception and a euphemism for armed robbery. "Taxation" constitutes involuntary servitude, involuntary servitude is forbidden by the Thirteenth Amendment.

We need government funding. Believing that taxation is the only way would be like believing that rape is the only way to make babies. It ought to be obvious that armed robbery is as wrong as rape.

Among a free people, government financing must be 100% voluntary or there is NO freedom and to claim we are free while taxed and to teach our children they are free while taxed constitutes a lie to ourselves and a lie to our children.

There is currently a source of voluntary government funding which would provide substantially more money for every level of government in the entire nation which would not require any additional outlay from the People and which would eliminate all (100%) taxation at every level of government in the nation and would not require any reduction in any government programs.

Informed people know the Federal Reserve ("FED"), is privately owned and they further know that all money enters circulation when and only when created by the FED as the principal of borrowers� loans. That is, the FED does not actually "loan" its own or its depositor�s money, what the FED does is create the money to fund the loans based on the promise and ability of the borrowers to repay. The FED "loans" this created money and charges interest on the so called "loans". As there is no actual loan of pre-existing money there is no risk on the part of the "lender", and in any event, the loans are secured by pledged property. As there is no loan, and therefore no risk, the FED has no actual investment and is not in any way entit led to the billions upon billions it collects as interest.

There is nothing basically wrong with this system, however if creating money were a utility, like the broadcast airways, and the FED�s ownership assumed by the Treasury (where it properly belongs under the Constitution) then all interest profits could be deposited in the Treasury. Then we would have a totally 100% voluntary source of government funding limited only by the ability of the borrowers to repay and all forms of armed robbery ("taxation") could be eliminated.

Me thinks the writer's ideas about transfering the FED to the Treasury are interesting. However, like all "taxation is theft" libertarians, he seems stuck in some kind of adolescent fantasy land where heroic entrepreneurs battle the dark forces of "the collective" to spin wealth out of thin air like magic.

Wait, I'm still kinda young and uneducated, if the Federal Reserve is privately owned, then who owns it?

XAOS

A colition of international banking firms...I don't have the actual *list* on hand at the moment, but perhaps someone else does & might post it...

That's right, though; the Federal Reserve lies in its very name...It's *not* "Federal" anything...

Yes, that means that it *has been & continues to* counterfeit money since the day it was formed! Check out the Constitution for details...Look under the section that describes the Powers of Congress.


[Edited on 16-2-2003 by MidnightDStroyer]