Forum Post: BBA is a con!
Posted 11 years ago on Jan. 9, 2013, 9:27 a.m. EST by agkaiser
(2516)
from Fredericksburg, TX
This content is user submitted and not an official statement
Sadly, even some of my children appear to have been infected with the plague of libertarian delusion that is destroying the American mind for the further enrichment of the owners, who are the greatest threat the human race has ever encountered.
Thom Hartman has said that the worker/debtors are the “makers” and the billionaire rentiers who loan us and our governments money [at interest] to live are the “takers.” http://www.alternet.org/news-amp-politics/theres-violent-world-war-going-millions-casualties-oligarchs-vs-everyone-else
Hartman warns of the Goldwater Institute's “Compact with America” http://www.compactforamerica.org/ that will effectively ban taxation of the rich (no need to return some of what they take so that life may continue for the makers) and guarantee that all they accumulate will be inherited by their heirs forever. They will become our constitutional ruling aristocracy and our children their slaves forever. The power of compound interest on our debt to them will perpetuate their exponential increase and our diminution.
They call it a “balanced budget amendment.” Don't be fooled again. It will lock us into perpetual debt, while effectively precluding all taxation of the rich. only regressive sales taxes will be uninhibited. The plutocrats will be even more our masters.
http://www.compactforamerica.org/wp-content/uploads/CFA-Text-BBA.pdf
The BBA is only one page. If you read it and are still fooled by it, god help us, because we apparently are too stupid to help ourselves.
American fools will never catch on. Extinction looms.
We are already locked into perpetual debt. Its how the system functions. Im not a fan of it. Removing corporations from taxing is one of the dumbest things being proposed by that group.
You can tax corporations at 90%, or tax them at 0%....it doesnt matter if the people arent wise enough to stop shopping there,
Yes we are. But the constitution does not yet forbid us from doing something about it. If they get their way, we'll have that much less power to take back what the plutocrats have stolen or to reassert democracy in America.
Our downfall is traceable to the Treaty of Paris in 1783. The founding fathers sold us out when they agreed there would be no reprisals against the Tory traitors who owned us then and whose [spiritual] heirs own us now.
Hmm, thats a very interesting point, one that I have not heard. Thanks.