IMF paper warns of ‘savings tax’ and mass write-offs as West’s debt hits 200-year high. “The paper said policy elites in the West are still clinging to the illusion that rich countries can chip away at their debts with a blend of austerity cuts and growth.” Not while they add debt at an even faster rate, they ain’t. And that continues to be Bush’s fault.
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And here's a good compilation of stories:
http://patriotaction.net/profiles/blog/show?id=2600775:BlogPost:6542575&xgs=1&xg_source=msg_share_post
I’m madder than hell and I’m not going to take it anymore
http://www.teapartynation.com/profiles/blog/show?id=3355873:BlogPost:2745296&xgs=1&xg_source=msg_share_post
While we're talking about government overreach, how about this:
What is OpenNIC and Why Should I Use It?
http://www.teapartynation.com/profiles/blog/show?id=3355873:BlogPost:2745097&xgs=1&xg_source=msg_share_post
A new way to keep the bastards out of our business.
Trillion dollar coins and more taxes sez Mr. Krugman & co.. What me worry?
That coffee can buried in the back yard is beginning to look good.....I do have some lead I would share with the folks at the IMF......small pieces, rounded at one end...
Who the hell keeps money in the bank anymore? I only put it in there when I need to cover a bill, or order something.
You don't need a "savings tax" to take away people's savings. You just allow inflation to do it for you. Right now, banks are paying 1 percent and inflation is above 4 percent and accelerating. The only escape is the stock market which is entering bubble territory - setting up a massive crash which will make 2008 look like childs play. In the mean time the people who voted to increase taxes on the "one percent" will quite soon find themselves paying that high percentage of taxation - all without congress or the President instituting a tax increase.
Already happening. You might as well put your money in a Mason jar in your garage for all you would "earn" at a bank or credit union. They pushing buy buy then wonder why no one saves!
They'll pay that tax through inflation and also pay through unemployment when the vilified one percent neglects to create the jobs that would be needed to fuel the engine of any recovery... essentially playing into the Cloward Piven strategy.
Then they'll institute the "Fair Tax" and steal whatever is left!
IMF (international money fraud) another bureaucratic organization that is not needed and only created by the elites to keep that transference of wealth, about time the United States did the same things as Greenland and throw all the crooked career slugs out on the streets, no retirement no perks, all the czars go to jail and the monies they have defrauded the American tax payers goes to the wounded warrior programs (all housing, cars, savings) we can start with pelosi's
$75 million (earned doing Public Service) obama can await trail for high treason. No more freebies to illegals, no cable TV for prisons, no more government involvement in our lives.
Surely you don't mean,......heaven forbid,........obey the Constitution?
And NO MORE FOREIGN AID!!!