If you thought your taxes went towards funding important government services, you are dead wrong! A new understanding of the world banking system reveals the very nasty purposes of taxation, which is to gift the banks a monopoly on the creation of new interest-bearing debt. Once government has stolen from us through taxation, we are forced to replace that stolen liquidity with high interest-bearing debt. With this insight, increased poverty, social and economic polarization, destruction of environment, strangulation of constitutional rights, and rapidly increasing debt are seen to be unavoidable and inevitable under the present tax/banking system. We desperately need a change!
The money supply (m3) has increased 1000% since 1996. Not a single dollar of this new money has been issued by government. Every dollar, Yen, Peso, Rupee, Franc, and Deutchmark has been created out of thin air by the banks, and then loaned to you and I as interest-bearing debt.
Not only do taxes remove huge liquidity from the private sector-artificially raising interest rates-but when private funds are invested in government loans and securities, they are no longer available to the private sector at low interest.
And because a very large part of tax revenue (and banking debt) is sourced from consumptive activities and consumer borrowing, the government then ends up consuming resources that do not exist. Only a portion of the tax take actually represents savings and surplus; and only a portion of the new debt/money that is issued by the banks is secured by new wealth creation. This is why we continue to experience an inflationay spiral that can only end in recession, depression, and/or economic collapse.
Our Govt. is totally dependent upon, and subservient to, the banking system; and so are most private citizens.
Aside from our obvious loss of financial independence, freedom, and opportunity, there is an even more frightening aspect to the present tax/banking system. As tax destroys the incentive to earn, save, and invest, and govt. continues to fund itself in an unsustainable way, more and more of our environmental resources are consumed each passing day.
Civilization trembles in the face of an approaching environmental apocalypse not because of carbon emissions, greenhouse gases, or population growth; but because of taxation. The present tax system destroys the incentives for, and the results of, all our own efforts at positive creativity.
To find out more about how taxes are linked to a banking conspiracy, social chaos, and environmental destruction, go to www.truthaboutax.com and/or read "The Zen of No Tax".
Ex pat American Carl Peterson has gathered experience in the most unlikely of places. Two years in a British Columbian "religious" commune in the early 70's introduced Peterson to his present personal spirituality based upon meditation, acceptance, and action. He then spent 13 years on his remote 500 acre Fiji jungle plantation until rudely interrupted by the Fiji military coup of 1987. Speaking out against the apartheid regime that followed cost Carl several stints in jail, and finally a kidnapping and brutal assault by armed Fijian soldiers. Peterson migrated to New Zealand as a refugee, quickly invented the Peterson Portable Sawmill, and founded a company manufacturing the original product. The Peterson mill is held in high esteem within the industry. In New Zealand, Peterson has taken on the Court system there, recently winning a landmark patent case in the New Zealand Supreme Court. A man for all seasons, he brings an open, articulate and enquiring mind to whatever venture he undertakes, often going where no man has gone before. Article Source: http://EzineArticles.com/?expert=Carl_Peterson |
