The "President's Private Sector Survey on Cost Control", commonly referred to as the
1984 Reagan "Grace Commission Report" reveals that 100% of the "income tax" collected
is applied against the interest of the national debt. The government operates on a deficit
that is created from nothing by the Privately Owned Fed (owned by the same folks who own
the major commercial banks) at interest, i.e. what could be created debt free and usury
free by the Treasury has been usurped by the Banking Dynasties who have been ruling the
World since ancient times. Taxes are a way of controlling, or manipulating the economy.
They also give people a faith in the funny money — makes it 'near and dear' to them.
Balanced budgets and budget surpluses are a smoke and mirror trick. They sound really
good, play well for the people, but are nothing more than pandering. I'm not going into
it, period, but if any should care to make the study, you will be at first incredulous,
then angered by the depths of deception under which the people of this country labor.
Even the inventor of the electric light, Thomas Edison, joined the fray in criticizing
the system of the Federal Reserve: "If our nation can issue a dollar bond, it can issue
a dollar bill. The element that makes the bond good, makes the bill good, also... It is
absurd to say that our country can issue $30 million in bonds and not $30 million in
currency. Both are promises to pay, but one promise fattens the usurers and the other
helps the people."
In President Lincoln's words (he was assassinated by the Banksters' agent) ""The
Government should create, issue, and circulate all the currency and credits needed to
satisfy the spending power of the Government and the buying power of consumers. By the
adoption of these principles, the taxpayers will be saved immense sums of interest."
"In a recent conversation with an official at the Internal Revenue Service, I was amazed
when he told me that 'If the taxpayers of this country ever discover that the IRS
operates on 90% bluff the entire system will collapse'".
-Henry Bellmon, Senator (1969)
Link to the full report. https://ia800206.us.archive.org/13/items/GraceCommissionReport/The%20Grace%20Commission%20Report.pdf
The "President's Private Sector Survey on Cost Control", commonly referred to as the
1984 Reagan "Grace Commission Report" reveals that 100% of the "income tax" collected
is applied against the interest of the national debt. The government operates on a deficit
that is created from nothing by the Privately Owned Fed (owned by the same folks who own
the major commercial banks) at interest, i.e. what could be created debt free and usury
free by the Treasury has been usurped by the Banking Dynasties who have been ruling the
World since ancient times. Taxes are a way of controlling, or manipulating the economy.
They also give people a faith in the funny money — makes it 'near and dear' to them.
Balanced budgets and budget surpluses are a smoke and mirror trick. They sound really
good, play well for the people, but are nothing more than pandering. I'm not going into
it, period, but if any should care to make the study, you will be at first incredulous,
then angered by the depths of deception under which the people of this country labor.
Even the inventor of the electric light, Thomas Edison, joined the fray in criticizing
the system of the Federal Reserve: "If our nation can issue a dollar bond, it can issue
a dollar bill. The element that makes the bond good, makes the bill good, also... It is
absurd to say that our country can issue $30 million in bonds and not $30 million in
currency. Both are promises to pay, but one promise fattens the usurers and the other
helps the people."
In President Lincoln's words (he was assassinated by the Banksters' agent) ""The
Government should create, issue, and circulate all the currency and credits needed to
satisfy the spending power of the Government and the buying power of consumers. By the
adoption of these principles, the taxpayers will be saved immense sums of interest."
"In a recent conversation with an official at the Internal Revenue Service, I was amazed
when he told me that 'If the taxpayers of this country ever discover that the IRS
operates on 90% bluff the entire system will collapse'".
-Henry Bellmon, Senator (1969)
Link to the full report. https://ia800206.us.archive.org/13/items/GraceCommissionReport/The%20Grace%20Commission%20Report.pdf
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