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Showing posts with label Economic. Show all posts
Showing posts with label Economic. Show all posts

Monday, September 20, 2010

Obama Endorses Global Taxes on Eve of U.N. Summit

Our Global Challenges:  The Millennium Develop...Image by CSIS: Center for Strategic & International Studies via FlickrWhat many people in America don't seem to realize is this is not a United States Tax. This is a Global Tax written up in the EU by the U.N.

When people talk about the Tea Party in History. I often wonder. Does anyone today remember why they through that tea in the bay? It wouldn't be for this same exact reason now would it?

Come on America, and the Main Stream Media, WAKE UP already.

Now for a quote in the book of Daniel.



Daniel 11:20-24

20 “There shall arise in his place one who imposes taxes on the glorious kingdom; but within a few days he shall be destroyed, but not in anger or in battle. 21 And in his place shall arise a vile person, to whom they will not give the honor of royalty; but he shall come in peaceably, and seize the kingdom by intrigue. 22 With the force[h] of a flood they shall be swept away from before him and be broken, and also the prince of the covenant. 23 And after the league is made with him he shall act deceitfully, for he shall come up and become strong with a small number of people. 24 He shall enter peaceably, even into the richest places of the province; and he shall do what his fathers have not done, nor his forefathers: he shall disperse among them the plunder, spoil, and riches; and he shall devise his plans against the strongholds, but only for a time.

Be sure to go through the links here. Decide for yourself. Is Obama right in doing all this?

http://www.aim.org/aim-column/obama-endorses-global-taxes-on-eve-of-u-n-summit
In a classic case of misdirection, while the media are preoccupied with the fate of the Bush tax cuts, President Obama is preparing to attend a United Nations summit next week to endorse “innovative finance mechanisms”—global taxes—to drain even more wealth out of the U.S. economy.
A draft “outcome document” produced in advance of the September 20-22 U.N. Summit on the Millennium Development Goals (MDGs) commits the nations of the world to supporting “innovative financing mechanisms” to supplement foreign aid spending.
The term “innovative financing mechanisms” is a U.N. euphemism for global taxes. But the document actually goes further, praising the “Task Force on International Financial Transactions for Development” for its work on the subject of mobilizing additional “resources” for countries to achieve the MDGs. This is a body tasked with proposing and implementing global tax schemes.
“We consider,” the document says, “that innovative financing mechanisms can make a positive contribution in assisting developing countries to mobilize additional resources for financing for development on a voluntary basis. Such financing should supplement and not be a substitute for traditional sources of financing.”
In other words, the revenue from global taxes should be in addition to foreign aid spending.
The document recognized the “considerable progress” made in this area, an acknowledgement that an international tax by some nations on airline tickets is already in effect and producing several billions of dollars of revenue for world organizations to fight AIDS and other diseases.
In an article in The Christian Science Monitor, under the headline, “Small global taxes would make a big difference for world’s ‘bottom billion,’” the foreign minister of France and other officials of foreign nations endorse various forms of “innovative development financing.” One of their proposals is a tax on international currency transactions that could generate $35 billion a year.
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Tuesday, May 25, 2010

Signs That The Rich Are Getting Richer And The Poor Are Getting Poorer

Never before in American history has so much wealth been concentrated in the hands of so few.  Once upon a time, children throughout the United States were taught that America was the land of opportunity where anyone can make it if they work really hard.  But today the system is designed so that wealth flows into the pockets of the rich as the rest of us struggle feverishly to stay above water.  The once great middle class that did so much to define America as a nation is slowly being squeezed out of existence.  For tens of millions of ordinary Americans, the American Dream is rapidly becoming the American Nightmare.

Anyone who believes that the U.S. economy today resembles anything like the free enterprise capitalist system upon which this country was founded is severely deluded.

Those who are in a position to exploit advances in technology and third world labor pools are becoming exceedingly wealthy,
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Sunday, May 2, 2010

The Money That Is Sold Abroad Is You!

Know the truth! What does the trade deficit mean? How is the Government going to pay it back? Where does it come from. Watch this and know the truth. Your lives depend on it.
The second video here may have footage that may be a bit graphic. But, it shows the point he is making here.
Human ownership. It's not a pretty thing.


clipped from www.youtube.com

stefbot

October 21, 2009

It is not dollars, treasuries, bonds and debt that is being sold by your government.
It is you.
Text and references: Freedomain Radio -
http://www.fdrurl.com/moneyisyou


Category:
News & Politics
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Tuesday, March 9, 2010

Head of IMF Proposes New Reserve Currency

International Monetary Fund logo.Image via Wikipedia

clipped from abcnews.go.com


Dominique Strauss-Kahn, the head of the International Monetary Fund, suggested Friday the organization might one day be called on to provide countries with a global reserve currency that would serve as an alternative to the U.S. dollar.


"That day has not yet come, but I think it is intellectually healthy to explore these kinds of ideas now," he said in a speech on the future mandate of the 186-nation Washington-based lending organization.


He said having other alternatives to the dollar "would limit the extent to which the international monetary system as a whole depends on the policies and conditions of a single, albeit dominant, country."


Several countries, including China and Russia, have called for an alternative to the dollar as a reserve currency and have suggested using the IMF's internal accounting unit.

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Thursday, February 18, 2010

HIGHLIGHTS-Greek FinMin unveils tax reform, wage policy

An example of street markets accepting credit ...Image via Wikipedia

clipped from www.reuters.com

ATHENS, Feb 9 (Reuters) - Greece outlined on Tuesday its
public sector incomes policy and a tax reform bill, as part of
an EU-endorsed plan to increase state revenues and reduce its
huge deficit.

"EU partners and markets will closely monitor the
implementation of our fiscal plan, I believe that the response
will be positive. The measures that we have announced are
becoming action"

"From 1. Jan. 2011, every transaction above 1,500 euros
between natural persons and businesses, or between businesses,
will not be considered legal if it is done in cash. Transactions
will have to be done through debit or credit cards"

"We all know that the public sector wage policy is full of
injustices ... which have been formed by adding up various
allowances without a central direction.

"The wage cuts will begin from 18 euros a month, reaching
345 euros a month for court officials. In percentages, it will
be between 1 and 5.5 percent"

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Tuesday, February 9, 2010

Will Baby Boomers Bankrupt Social Security?

clipped from www.cnbc.com

As the record federal budget deficit draws increasing scrutiny from Washington to Wall Street to Main Street, deficit hawks may take aim at entitlement programs including Social Security.

Photo: Jonathan D. Colman

And, the nearly 80 million Baby Boomers phasing into retirement will set in motion a dynamic that—if not addressed by Congress—could result in the next generation getting fewer benefits.

By 2017, Social Security is expected to start paying out more than it collects in payroll taxes, according to the 2009 Annual Report from the Social Security and Medicare Board of Trustees. There is currently a large surplus, but it will be drained by the year 2037. At that point, Social Security will only be able to pay out 75 percent of its benefits.

A separate report, done by the nonpartisan Congressional Budget Office, concludes much the same thing, but gives the system another 10 years before it begins to fall apart.

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