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Showing posts with the label Social Security

The American Tax Racket

  The American Tax Racket Involuntary extortion on a grand scale DONALD JEFFRIES This country fought a war for independence over taxation without representation. The Founders really, really didn’t like taxes. They dressed up as Indians at the Boston Tea Party. Over a pretty small tax on tea. They became incensed over a similarly modest tax on stamps. Our forebears called these things the Intolerable Acts. Since the early 1770s, our increasingly tyrannical government has implemented a lot of Intolerable Acts. Many people don’t realize that, until 1913, there was no income tax in the United States. You may well ask, how did they fund the government for well over a century without one? We had a growing military force, which Thomas Jefferson and the other wisest Founders would have opposed, a post office, roads and bridges. The odious withholding tax, which the beloved Franklin D. Roosevelt assured us would be but a temporary measure, dates from the 1930s. But as with so many unconstitutio

Billionaire Larry Fink of BlackRock, Which Grabbed Fed Bailouts in 2020-2021, Lectures Struggling Seniors on Making More Sacrifices

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  Billionaire Larry Fink of BlackRock, Which Grabbed Fed Bailouts in 2020-2021, Lectures Struggling Seniors on Making More Sacrifices By  Pam Martens and  Russ Martens : March 27, 2024 ~ Laurence (Larry) Fink, Chairman and CEO, BlackRock Yesterday, billionaire Larry Fink, Chairman and CEO of the giant investment manager BlackRock, released his  annual letter to shareholders . In it, Fink revives the same ole trope that billionaires Kenneth Langone and Stanley Druckenmiller were taking on a road show in 2013. Back then the billionaire propaganda was called: “ General Theft: How Entitlement Spending is Stealing Opportunity from America’s Youth .” Every time there is talk of raising taxes on the super-rich, some of whom pay less in taxes than plumbers and teachers through a  tricked-up tax dodge known as “carried interest ,” the billionaires launch a concerted effort to scapegoat struggling seniors living on an average monthly Social Security retirement benefit of $1772.51. The inability

Trump, Shapiro and the War on Social Security

  Trump, Shapiro and the War on Social Security The death of "Entitlements" DONALD JEFFRIES Ben Shapiro, the smarmy young elitist who co-founded conservative platform The Daily Wire, took a break from fondling the Wailing Wall the other day. Next to enthusiastically shilling for Israel, his key issue seems to be eliminating Social Security. You know, the primary income most retired people rely on. Shapiro came out with both guns blazing, firing away at….American senior citizens. He called retirement itself a “stupid idea” and said it was “insane” that the retirement age hasn’t been raised. This has long been a Stupid Party staple- just keep raising the retirement age. That way there will be less of the old, useless eaters to pay. Shapiro inaccurately referred to the fact that Americans are living longer, when actually the life expectancy rate in this country has been falling for the past several years. That’s because of our crack Medical Industrial Complex, and our preservati