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Wrangler

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Don't fool yourself. We are slaves. Wage slaves,thanks to property tax and the indentured servitude applied through the 16th amendment. You'd think that would have been repealed by the 13th,but no!
I put it this way. The 13A freed the slaves; the 16A enslaved us all.
 

Gray_Joy

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I put it this way. The 13A freed the slaves; the 16A enslaved us all.
I agree. You'd think the 13th would have precluded the 16th.
Likely it could have. But that's possibly why it was allegedly passed in the very early hours and was not legitimately ratified.

That's why I smile when I encounter commentary among friends who insist,this is a free country.
 

Ziggy

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The Sixteenth Amendment was ratified by the requisite number of states on February 3, 1913, and effectively overruled the Supreme Court's ruling in Pollock.

What an interesting year that was.

So which came first the 16th Amendment or the Federal Reserve Bank?

  • The Sixteenth Amendment to the U.S. Constitution, which gave Congress the power to levy a federal income tax, was ratified on February 3, 1913. It was passed by Congress on July 2, 1909, but its ratification came more than a year before the Federal Reserve Act.
  • The Federal Reserve Act was passed by Congress on December 23, 1913, and signed into law by President Woodrow Wilson on the same day. This law created the Federal Reserve System, the central banking system of the United States, with twelve regional Federal Reserve Banks and a Board of Governors.

In 1909, during the debate over the Payne–Aldrich Tariff Act, Congress proposed the Sixteenth Amendment to the states. Though conservative Republican leaders had initially expected that the amendment would not be ratified, a coalition of Democrats, progressive Republicans, and other groups ensured that the necessary number of states ratified the amendment. Shortly after the amendment was ratified, Congress imposed a federal income tax with the Revenue Act of 1913. The Supreme Court upheld that income tax in the 1916 case of Brushaber v. Union Pacific Railroad Co., and the federal government has continued to levy an income tax since 1913.

Every freaking time.
 

Gray_Joy

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Early American politicians warned against a central bank in the U.S. And of course against a Federal Reserve Bank.

"It is to be regretted that the rich and powerful too often bend the acts of government to their selfish purposes... Many of our rich men have not been content with equal protection and equal benefits, but have besought us to make them richer by act of Congress." Andrew Jackson,1832


I think the founders likely knew once such an idea was hatched that it would be inevitable that it would come to fruition.

And so it is. Which is why in our wallets and purses we have Federal Reserve Notes,Fiat Currency, rather than cash money.

That's if we have those notes and not debit cards instead.

Wait till America goes entirely cashless. We buy and sell using cards, or PIN codes only.

I hope I'm old and gone by then.
 

Ziggy

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Early American politicians warned against a central bank in the U.S. And of course against a Federal Reserve Bank.

"It is to be regretted that the rich and powerful too often bend the acts of government to their selfish purposes... Many of our rich men have not been content with equal protection and equal benefits, but have besought us to make them richer by act of Congress." Andrew Jackson,1832


I think the founders likely knew once such an idea was hatched that it would be inevitable that it would come to fruition.

And so it is. Which is why in our wallets and purses we have Federal Reserve Notes,Fiat Currency, rather than cash money.

That's if we have those notes and not debit cards instead.

Wait till America goes entirely cashless. We buy and sell using cards, or PIN codes only.

I hope I'm old and gone by then.
And then comes Warsh. The new Chairman of the Fed.
I hope he demolishes it and we go back to Treasury Notes which Constitutionally is the only mechanism legally created to coin currency.
We dropped the ball.