Tuesday, April 14, 2015

Uncle Sam Wants More Money

There are two places he can get it - take more or spend less.  All of the fed pensions have COLA triggers, cost of living adjustments, to raise payments to pensioners when prices are inflating, will those same triggers allow Uncle Sam to cut payments in deflation?

In the meantime, getting rid of cash advances tax collection:

So the aim of the bill is not to aid law enforcement in apprehending criminals, none of whom would be ever stupid enough to turn over such information.  The real intent is to feed government’s insatiable hunger for tax revenues by completely stripping law-abiding citizens of financial privacy in secondhand transactions, every detail of which is fed directly into police files.
This troubling development in Louisiana parallels the intensification of the war on cash by the Federal government.  Last month it was reported that the U.S. Justice Department ordered bank employees to snitch to the cops on customers who withdrew $5,000 or more.  In a speech, assistant attorney general Leslie Caldwell exhorted banks to “alert law enforcement authorities about the problem” so that police can “seize the funds” or at least “initiate an investigation”.

Feel free to forward this by email to three of your friends.


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