Thursday
Apr212011
Ron Paul: "The Best Income Tax Rate Is 0%"
Video - Ron Paul with Cenk Uygur - Mar. 2, 2011
On bailouts and corporate welfare:
- "The corporations benefit, the people get the crumbs."
Great interview. Cenk gives Ron Paul time to answer questions on everything from bank bailouts, to income taxes, the Wisconsin protests, Republican hypocrisy and the Federal Reserve.
Highlights...
- If the US didn't have troops all over the world, and we cut back on entitlement spending, we could reduce the income tax to ZERO.
- If Republicans were serious about balancing the budget, they would agree to cuts in military spending. (They aren't, and they won't.)
- Who gets the benefits of the welfare state? Not the poor. The income tax and the Fed allow the government to pay for corporate bailouts and serve the special interests.
- Bankers and big corporations get bailouts while taxpayers get the recession and the bill -- that's part of why we "need" an income tax.
- "Military spending" is not the same as "defense spending." We should cut overseas "military spending," not spending for genuine defensive purposes.
- On how the system works: "There were a lot of big companies and mortgage companies that made a lot of money on the way up. They get into trouble, we bail them out, cause a recession and the poor people lose their jobs and lose their houses. I do not see how anyone could support that system."
- The Republican and Democratic leadership are both beholden to special interests.
- On Sarah Palin: Paul makes it clear that they do not see eye to eye on individual liberty or foreign policy.
---
Reader Comments (12)
http://www.veteranstoday.com/2011/03/01/why-wars-really-happen/
http://whatreallyhappened.com/comment/reply/104391
These Are The Controversial Satellite Photos That Set Off Protests In Bahrain
What's the difference between Hitler's Herrenvolk and Zionism's Chosen Race, for chrissakes
'.
You want to prevent another 9-11? Stop invading other nations.
The media has decided to make him a non-person. Let's all vote for him in 2012 and we'll have Nobody, the first invisible president.
I noticed that too.
We could wait around forever for the "media" to pick up on his candidacy or appeal, which likely won't happen. In the meantime, we continue the groundswell of a committed minority and spread the word ourselves.
I say shove our chips all in. We might not get this chance again.
http://www.zerohedge.com/article/case-against-government-debt-period
One Angry Rant: "Land Of The Stupid, Home Of The Freaking Screwed"
http://www.zerohedge.com/article/one-angry-rant
http://www.thebeadsite.com/fro-wapm.htm
Wampum did serve as money for the colonists. Many Europeans did not view the American adventure favorably. Whether this "wild country" would ever repay the money invested to colonize it was not certain. There were many failures. And European governments certainly didn't want any of their precious money lost in the jungles and woods of this New World. So, they didn't send coins...... Without coins, it was difficult for the colonists to do business. But there was already an item that could be used as currency. Wampum had value, was easily divisible and was scarce because it took a lot of labor to make. So, it was adopted as money. It was legal tender in all 13 original colonies, and at least as late as 1701 New York was still setting the official rate. White wampum was made from various shells, but the violet wampum (called also black or blue) came only from the purple portion of the quahog clam and was more valuable. Generally the rate of wampum was six white or three black beads for a penny.