This is a Tax Reform Proposal that was presented to Congress in 1996. This set the stage for the abolishment of the Income Tax and the introduction of the Consumption Tax and the restoration of the tax system prior to Marxism. The proposal in its entirety is provided here in PDF format Parts 1 to […]

QUESTION: The invasion of children from the Mexican perspective is to have a better life. The U.S. perspective is all these people do not pay taxes and take jobs. Is this common throughout history? ANSWER:  The Mexicans are not coming here because of taxes but for OPPORTUNITY. Americans are complaining they do not pay taxes and […]

It is really beyond me that whether we are talking about people who commit crimes, terrorists, or just reporting statistics and accounting, those in government just can NEVER tell the truth and quite frankly there is NO controlling mechanism to ensure they will ever tell the truth. It is a criminal offense to lie to […]

  Gold began the bounce on target but we need a daily closing ABOVE 1295 to suggest any further upside pressure. The low was on June 2nd so technically we have fulfilled the first target in time for a June seasonal low. We would need a weekly closing above 1355 to really suggest a brief […]

The Euro is caving in after the elections. Those in the money know this is doomed. This will help to give a bid temporarily to gold and the dollar. For as people have been pitching that the dollar will decline and gold will rise is purely a domestic view point. The international view point is […]

The Department of Homeland Security dealing with more than 48,000 unaccompanied children crossing the border into Texas has created a real controversy. Aside from the humanitarian issues, we must consider what is causing this issue. That centers on immigration reform and the idea of giving amnesty to children. Quite frankly, if I was Mexican, I would […]

The IMF warns against financial problems in the Swedish economy. The government needs to urgently curb private debt home buying warns the IMF. If the property prices fall, Sweden threaten economic turmoil. The recent data indicate that household debt ratios are high across all income groups. However, indebtedness among the lower-income households are generally more vulnerable to […]

The FIFA World Cup Organization is starting to get exposed for what it is – a corrupt little inside network in Zurich. The world’s governing body for soccer inhabits the land of caviar and stretch limousines as a tax-free pretend a non-profit organization that is all about profit. The Zurich-based group stands to rake in […]

The War Cycle is doing what it was intended to do. I have warned that this is going to be much worse that the previous cycles building in intensity and broadening to a global perspective. It appears that the economic decline and abuse of government has led to massive tension and this will be manifest […]

I have been warning that there will be no solution without a massive debt default. This is simply the way it has historically always gone down. Public debt, which is strangely considered quality, has been actually the worst that can possibly exist. Simply stated, no government has ever paid its debt except the single exception […]