• RSS Ludwig Von Mises Institute of Austrian Economics

    • An error has occurred; the feed is probably down. Try again later.
  • RSS Republican Liberty Caucus

    • An error has occurred; the feed is probably down. Try again later.
  • RSS Freedom Watch

  • RSS Free Talk Live

    • Free Talk Live 2015-02-26
      FCC Grabs Power Over Internet :: Censorship to Come Next? :: Jimmy Savile, Prevert Protected :: Repealing Net Neutrality :: Mises Institute on Net Neutrality :: Markets and Regulation :: Magic Mushrooms Helping People Quit Smoking
    • Free Talk Live 2015-02-25
      Conspiracy Theories and Chemtrails :: Adverse Possession :: Circumcision :: Flags :: US Reps Threaten DC Mayor Over Pot :: DHS Shutdown Coming? :: Ron Paul Interrupted at SFL Conference :: Buying Children :: Ron Paul Newsletters :: Violence Inherent in the System :: Definition of Libertarianism
    • Free Talk Live 2015-02-24
      Alaska Cannabis Legalization Effective Now :: Repeal vs Legalization :: $3,000 Barrier :: Which East coast state will legalize first? :: Inevitable :: Representation :: Free State Project Momentum :: Fifty FSPs? :: Will DC Legalize Cannabis Despite Congress? :: Secessionists Raided in TX :: Crazy Child Support Issue :: Bad Courts :: Simulated Legal Process?
  • RSS Break the Matrix

    • Hello world!
      Welcome to WordPress. This is your first post. Edit or […]
  • RSS Schiff Radio

    • The Bravado of Borrowers
      Last week a scene unfolded in Athens, largely unnoticed by American eyes, that provided all the visual and metaphorical symbols needed to define the current state of the global economy. Hollywood’s best screenwriters couldn’t have laid it out any better. Tiring of being told by self-righteous foreigners to pay for past borrowing with current austerity, […] T […]
    • Switzerland Wins As Its Central Bank Surrenders
      If anyone had any doubt how severely the global economy has been distorted by the actions of central bankers, the “surprise” announcement last week by the Swiss National Bank (SNB) to no longer peg the Swiss franc to the euro should provide a moment of crystal clarity. The decision sent the franc up almost 30% […] The post Switzerland Wins As Its Central Ban […]
    • Swiss Surrender Wins Currency War
      Below, please find a short statement from Peter Schiff, CEO & Chief Global Strategist of Euro Pacific Capital. Feel free to excerpt. To speak with Mr. Schiff directly about anything in this statement, please contact aschiff@europac.net. By ending its three year currency peg to the weakening euro Switzerland has become the first major economy to […] The p […]
    • Hurts So Good: When Exactly Are Falling Prices Bad?
      The sudden fall in the price of oil provides a unique opportunity to examine the widely held belief that deflation is economic poison. As many governments and central banks have vowed to fight deflation at all costs in 2015, the question could hardly be more significant. While falling prices may strike the layman as cause […] The post Hurts So Good: When Exa […]
    • Could an Energy Bust Trigger QE4?
      In a normal economic times falling energy costs would be considered unadulterated good news. The facts are simple. No one buys a barrel of oil to display above the mantle. No one derives happiness from a lump of coal. Energy is simply a means to do or get the things that we want. We use […] The post Could an Energy Bust Trigger QE4? appeared first on Schiffr […]

1913, the Year of Infamy

Today is a sad day in America in that it’s the day our income taxes are due. Unfortunately, this tax didn’t always exist, and in fact America ran fine without any income tax for the majority of its existence. The federal government remained small, and received the majority of its funding through tariffs, excise, corporate, and payroll taxes.

However, a movement by political elitists in both parties started to arise in the early 20th century. This movement wanted a 16th amendment of the constitution that would allow the government to levy a direct tax on people’s income. It finally came to pass in a shady and shameless fashion during the first year Woodrow Wilson was elected president. At the same time, and absolutely being no coincidence, came the Federal Reserve Act which established America’s third national bank. This was, and still is, a private corporation but virtually a Government sponsored monoploy. Even the name, Federal Reserve, is an oxymoron in that it’s not federal and it has no reserves. The reason it wasn’t a coincidence that it came about the same year was that it would come to control our monetary system, having the privilege to print money and loan it to our government at interest. How was all this interest going to be repaid? Here comes in the lovely Income Tax.

In Wilson’s memoirs he lamented that he sold out America to special interests and international bankers. He was right. Since the inception of the Fed and the income tax, our dollar has lost 97% of its value, government size and power have grown out of control, and we are now slaves to our own debt.

It’s time for this madness to stop. We need to repeal the income tax and end the Federal Reserve, cutting the cord that feeds the Leviathan. It’s time for America to take back our country after having it sold out for almost 100 years. It’s time for a real revolution.

About these ads

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 29 other followers

%d bloggers like this: