there's some good stuff here in this "The Patriots" newsletter which a friend shared with me. however, there are a couple serious errors that i simply have to address:
1. "In our capitalist society" — Capitalism doesn't exist in America! Capitalism only exists in a free market — this means a market that is not manipulated or interfered with by the government, where individuals have the right to contract between one another freely. wherever there is manipulation or interference in the marketplace by a government, there is no Capitalism. rather than Capitalism (as many erroneously assert), for nearly 100 years or so, America has operated using a combination of Socialism, Fascism, and Corporatism. our money system is also corrupted and fraudulent, using a fiat system which also utilizes the unethical and immoral practice of fractional banking. THIS is the primary reason why the American economy has failed and running on borrowed time.
2. "To bring revenue into the government, there should be (1) a sharply graduated income tax, with a top rate for those making millions of dollars a year of something like 70%" — THIS is the secondary reason why the American economy has failed and running on borrowed time. ANY "income tax" (as erroneously defined by most as being all money derived from whatever sources) is a blatant transgression of the individual right to privacy — no individual can be free if they are forced to divulge their private business transactions to the public, or to anyone for that matter.
yes, the so called "income tax" system which most authoritarian governments have adopted throughout the world is GREAT for "bringing revenue into the government" — NOT GREAT for the prosperity of the nation, which is the People. even Alan Greenspan has in the past gone on record in saying that switching from our "income" based tax system to a sales based one would boost our failing economy (most all proponents of the Austrian and Classical schools of economics agree on this) — imagine how much the economy would be boosted if individuals were allowed to KEEP what they earn and spend it according to their will! individuals generally spend and invest their own money more wisely than government does, because government doesn't care about wasting other people's money… they merely have to print more.
further, taxing people 20%, 30%, 50% (let alone 70%) on their wages is plain theft, regardless how much they earn! such "income" based tax systems were prohibited by the US Constitution from the onset of America — the founders were very clear on this (Article I, Section 9). it wasn't until during and after the Civil War that any "income tax" was forced upon the otherwise free people of America, and later deceptively expanded to include wages around the time of WWII, turning all Americans into "wage slaves". and as you are certainly aware, all this coincided with the creation of the Federal Reserve which is controlled NOT by the Congress (i.e.: We the People of America), but by the international banking cartels. American founders like Thomas Jefferson and Ben Franklin would have led a second American revolution around 1913 if they were alive then!
philosophically, no one has the right to tell someone they cannot KEEP 100% of what they earn and spend it how they may. originally in America, taxes were only placed upon products, services, and land — NOT directly upon individuals — and the nation prospered as individuals prospered. THIS is the model we have to get back to IF we truly desire individual Americans, and therefore our entire nation, to prosper.
beyond these fundamentals, in order to try and save our failing economy we need to cut government at all levels. the Federal US Government needs to function within its limited jurisdiction and only exercise those powers granted to it by the US Constitution — in other words, operate government within its legal boundaries. doing so would cut a major portion of our Federal budget. the same needs to happen at the state and local levels of government as well. private business simply cannot compete with an unlimited and unaccountable State having the power to create "money" for itself (and those Corporatist giants who own the politicians) out of thin air.
i won't take up any more of your time this morning, but upon reading your newsletter i just had to write to you about these critical errors found within. in order for anything good to come out of this whole "Occupy" phenomenon, we need to EDUCATE the masses of Neo-Amerika who have been brainwashed by the socialized public education system and the elitist partisan media who have deceived most into believing a myriad of lies. not only this, but we must continue to educate one another as we press toward the goal of maximizing liberty.
after all, liberty is the ultimate moral goal to which a secular society can aspire.
thank you for your time, and i thank you for your personal efforts in the ongoing fight for liberty.
On Dec 1, 2011, at 5:17 PM, Michael Morgan wrote: