Recent comments
ADHD: Hunter in a Farmer's World
Thom Hartmann has written a dozen books covering ADD / ADHD - Attention Deficit Hyperactive Disorder.
Join Thom for his new twice-weekly email newsletters on ADHD, whether it affects you or a member of your family.
Thom's Blog Is On the Move
By webmaster
Hello All
Thom's blog in this space and moving to a new home.
Please follow us across to hartmannreport.com - this will be the only place going forward to read Thom's blog posts and articles.
IT GETS WORSE! The Basel Bank Consortium (the INTERNATION BOGEY BANKSTERS!) have made it policy that when we run out of FDIC Deposits during the next
WALL STREET PONZI MILL MELTDOWN THEY KEEP OUR MONEY!
That's what they did in Sardinia (?) back in 08 and now with their "Policy Correction" it will be ENFORCED HERE!
WELCOME TO FEUDAL AMERICA LAND OF THE RICH, and not anybody else of concern.
chuckle8 - just connecting your accounting dots.
kipopp -- I never mentioned the word transfer why did you?
chuckle8 - There is no “transfer of tax revenue,” and never has been. Tax revenue ceases to exist once it is received by the Treasury.
So what crime was commited when the 1.9 billion disappeared?
And where is it now!!??!!
So only the intelligent know how not to pay taxes?
The one with the most criminal accountant wins!
Oh ya, and HSBC bank.
Rich of Jeff -- It was definitely political strategem. Obama is saying get off your asses and vote democratic. If you do, you put into effect all of the investments outlined in the $4 T budget. The thing I was saying that is was not cynical.
Among the many people who do not understand this or seem to forget it are Obama, Bernie and Thom.
mathboy -- No one has ever accused me of being clear. I will try again.
Most people, especially commentators, think of the debt as the number on the debt clock. This number on its own has no effect on the economy. I assume talking about a number that has no effect on the economy now or ever is worthless. I think another term for for such talk is babble.
However, when you use that number with GDP as a ratio, then it has serious meaning for our economy per economists.
kipopp -- Are you saying that when I send my tax payment it is not counted as revenue? Are you saying when the US Govt sends a check to Lockheed it is not counted as an expenditure? Are you saying the difference between these two are not recorded as a deficit or surplus?
David32 -- 25% of the biggest corps in US get checks from the govt. How can you not understand that in no way are are corporations natural persons?
Incidentally!
Tax avoidance is not a crime far as I know
The solution to all this tax complexity is simple
Tax expenditure only
Exmpt the disabled, pensioners and like kind
So easy it's incredible
Here's one hilarious way to fight the banksters: http://www.citizenvox.org/2015/02/10/activist-band-delivers-100000-signatures-forced-arbitration-citigroup-headquarters/
chucke8 - Not sure what you don't understand. Federal taxes are not used for anything. It's dollars accounted for by the IRS never to be used again. There are plenty of taxes/fees for us to pay to non-monetarily sovereign State and Local governments.
Tax evasion activities going back to 2007? IRS has been looking at it since 2010? Most of these crooks are going to die of old age before the authorities get around to catching up with them. Not a problem. The way this country operates, they'll probably end up going after their kids who might not be so rich and powerful. Easier pickings.
Fractional reserve banking
Example -
The money you deposit in a bank is lent out to any other by a factor of 9 or 10
Without consent!?!?!
This is one of the main reasons why you can not withdraw your money on demand when the shit hits the fan
The bank has made commitments with your money without permission
I have experienced this more than once in my life
Like... visit mutiple ATMs... nothing!!!
Go to bank and the door is closed
My money is in there
Do you own your own money when it's in a bank???
Banking needs to be seriously reviewed by those competent
Without bias and totally independent
Where you might find such individuals is not imediately clear to me
In any event -
Fractional reserve banking is deception at best and theft at worst
It needs to be stopped
Thom, CORPORATIONS ARE TAX COLLECTORS, NOT TAXPAYERS. Why is this so difficult to understand? How can you claim that corporations are not people then turn around and tax them as if they are? Corporations/businesses get their money from their customers, ie, you and me, with a few exceptions and nowhere else. You know this, I've heard you say it, so why do you and others persist in this "fair share" argument when it is you and I that will be paying the corporations "fair share"? I just don't get the contradiction.
Good point. Waiting lists are so susceptible to who and what are counted, and how. But they are the best we have.
2950-10K -- revenue losses and debt clocks do not measure the main function of government to invest in our future.
Your suggested measures would make the raygun tax cuts look great. When he cut the top tax rate, the top earners paid 3 times as much in tax. The result was the crashing of the economy.
How does the NTSB know how many people drive with all those various drugs in their bodies? You can't derive proper statistics just from counting car crashes. You have to know how many people in each condition didn't crash.
kipopp -- My first response would be what are you talking about? However, probably everyone says the same thing to me when I say "increase the deficit, decrease the debt". I try to explain, and I get no responses.
So please explain what you are talking about. Before you do, remember the concept of money was created to pay for the commons (AKA taxes). This is not a theory. It is what history reveals from 4000 years ago. If we have no taxes, we need no money.
The current Alabama crisis regarding gay marriage reminds me of a provision in the Constitution of the Confederacy that gave states power to remove federal judges from office.
We are indeed still fighting the Civil War.
Sen. Sherrod Brown (D-OH) mentioned Presidents from Ohio. The funny thing is that every Republican President from Grant (first elected in 1868) to Harding (who died in office 1923) was from Ohio, except Theodore Roosevelt. Out of those 8 Republican Presidents, the only one we really like is TR. No other Presidents have been from Ohio.
chuckle8, if you use a term in a way that people don't expect, you need to define it at the beginning. It sounds like you're trying to use "debt" to mean the total of Bernie Sanders' list of "deficits" (or maybe a subset). All you've done is set things up so that we're all talking past each other and getting exasperated.
Ah, the Lone Idiot strikes again