The shit thru the fog.

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Well, dear reader, we have been assailed,yet again, by superfluous shit straight from the mouth of the very people who have nothing but corporate interest in mind! We have assholes on the border in Murietta, CA. hurling insults at children in busses, accomplishing nothing in an issue meant to distract us from the important bullshit that is benefitting the 1% of those that actually control politics! Yeah, fuckers! This is coming from me, the one person who still refers to illegal immigrants as such and doesn’t give a shit who cares. Yes, I know that the microeconomic impact of this problem is immense, but I also recognize that the powers that be are using this problem to distract people from the most important of social problems.
Today we have a version of socialized medicine placed before us, but don’t realize that the real problem was, in fact, socialized education. We had forsaken this for medicine, not realizing that education would have lead us to this and would have put us back in the innovation forefront, but this was not the intention of the handlers of the assholes that we put in office to represent the billionaires over us, the general public. The 1% have been carefully dismantling the public education system for the last 30 years in an effort to create the second class nation that we have today. We bitch and moan and pass bond measures that end in school closures anyway and blame the opposing political party for the failures. The truth of the matter is that if the general public used skeptical thinking, critical thought and logic to analyze what was transpiring, they would have come to the conclusion that they were being duped by a higher entity, and they would have worked to thwart this divisive bullshit. Instead they choose to fight each other and tie the answers up in the partisan politics of the Left and Right!
The divide of Left and Right has lead to the ultimate demise of the American dream and made it easy for the oligarchs to seize control of absolutely everything! The controllers have made it so that families are cared for by those complicit in the destruction of freedom! Those that dissent are dealt with swiftly and efficiently so that others believe that they were wrong to have a different opinion of how things should be! Totalitarian regime anyone?!
Wake up and understand that this could happen anywhere anytime! You have drones watching you 24/7 by YOUR OWN MANDATE OF LAW! You put this in place! Is your front fucking lawn and your 2.000sq ft house enough payment for the demise of the security you enjoyed under the sacrifice of your WWII soldiers? Most of our pHD candidates are foreign born, is that O.K with you?? Wake up an return control of this country to those who actually respect freedom! Quit paying attention to these divisive peripheral issues and give your kids a free education! Learning equals freedom, period!

Immigration DID make this country strong and continues to do so, but accepting hordes of unskilled workers from all over the globe is overwhelming the country’s ability to absorb those without training. Regulation IS needed to keep a steady, controlled flow of entrants to this country so that it can both employ and assist immigrants in a smooth transition into American society. Intentionally overwhelming the financial ability of this nation to process entrants amounts to the most foolish of undertakings that will eventually bankrupt the resources that were designed to help these people. With no financial resources to ease the transition, the immigrant population is left to spread over a penniless economy that can no longer suffer the burden. What is the outcome? Possibly assimilating into a society as bankrupt as the one that was left behind, to a life of hard scrabble just as bleak as the previous one? Where is the economic logic in this? Why would the oligarchs pit the opposing political parties against one another so that hands are tied and problems grow unchecked? Maybe the answers lay in the fact that these rich assholes are international and have no loyalties to any country and just milk a system dry and move on to the next growing super power.

Common sense dictates that unstable circumstances be brought under control, this includes the problem of immigration, this includes controlling dispersal of firearms, population control, and societal contributions to the less fortunate without contract to educate or eventually separate them from Federal and state assistance. As long as we have walls between nations and unchecked greed, we, as common people, need to have sensible controls agreed upon by all citizens regarding social contract, fair treatment under the laws and control of the population as to regulate and share valuable resources.

Right now we have warring political factions carrying out the mandates of people who live above the law and who use the public as pawns to achieve their goals, whatever the fuck their goals are! I assume that it lies in the halls of power and resource, because money is just paper that is used by many to purchase goods. It is backed by neither gold or silver and is just fancy paper with expensive ink and pretty pictures. The true controlling factions do not waste their time accumulating worthless pieces of paper and believing that they are wealthy, they corner resources and transportation networks to deliver those resources so that they can exercise true control. The Gold Standard hasn’t existed on the dollar for years.

The following is an explanation of the suspension of the Gold Standard meant to enlighten you a bit as to the insignificance of common power based on the money that we earn.

The Fed was formed in 1913, the same year the income tax was first allowed. As most readers know when the Fed was formed the American money was “Redeemable” in Silver or Gold, mandated by the U.S. Constitution.

In about 1917-1918 WW I broke out in Europe.
The U.S. got involved and the Fed began to issue way more dollars than the Treasury had in Gold { @ $20 per ounce} to pay for the war expenses.

When WW I ended there were way too many unbacked American dollars in circulation which led to a period called the roaring 20’s because there was too much money in circulation which caused stock prices to climb way up, by investors spending their extra dollars by investing in stocks.

In 1929 investors suddenly realized all the dollars in circulation couldn’t possibly be backed by Gold, which caused a mass sell off of stocks called the “crash”.

By 1932-33 the Treasury department realized that so many Gold backed American dollars had gone overseas, if the overseas people decided to cash them in for Gold the Treasury couldn’t pay off,,,which led to Roosevelt signing an excutive order confiscating all Americans privately owned Gold, to cover the Treasury’s shortage.

Later he changed the official value of an ounce of Gold from $20 an ounce to $35 dollars an ounce, where it remained until 1971.

In 1971 the world’s Gold supply & demand factor kicked in sending the European price to over $38 dollars per ounce, which caused Europeans to cash in dollars for Gold until Nixon decreed that the U.S. dollar was no longer redeemable in Gold.

Mass inflation followed in the U.S.

Congressman Ron Paul {elected in 1976} & Senetor Jesse Helms of North Carolina tried to reinstate the Gold standard by forming a group called the U.S. Gold commission. From the beginning the commission worked against them since other members of the commission were bought off by the Fed to oppose a re-instatement of the Gold standard, (and while I am describing how worthless our currency has become, I am certainly not endorsing the political party of the creators of The Gold Commission).

Currently the world is flooded with unbacked American dollars, bringing the value down, as it now takes many more of them to buy an ounce of Gold that used to be worth $20.

Now I know that there was an extended focus on immigration at the beginning of the article, but this was used as an illustration of the current divide in American politics and an example of the foolish policies adhered to by both the left and the right. The fact that the public is not reading cost analysis for many of these problems attests to the educational problems in this country. Intelligent informed skeptical thinkers would insist upon justification for Govt. policy BEFORE it was enacted, but most Americans lack even the basic understanding of their own Govt/Financial system and choose to remain with heads planted firmly in the sand. Why, in the medical field most pamphlets given to the public have been printed at the 3rd and 4th grade level due to the complete and abhorrent lack of general education and basic literacy! Most people are too busy watching American Idol, or that cavalcade of fucking idiocy Duck Dynasty, to fight for the preservation of a once great public school system! Skepticism is born of education and continued study throughout one’s life, not by pablumizing one’s mind with insipid nonsense fed to the masses by mass media in attempt to distract them from real and present dangers.

I speak on these peripheral nonsense issues and their power over the public at every turn, and actively sign petitions, give money and exercise my voice in an effort to change public focus to the issues that actually carry weight. I frequently ask the intelligent people to recognize divisive tactics in politics and to ignore distractions meant to pit people against one another. The key lies in common sense, reason, logic and skeptical thought. While many chase the Supreme Court decision over the Hobby Lobby case, the power brokers broker ever larger contracts for greater influence literally ‘fiddling as Rome burns.’ They don’t have to worry, they can move on, we, the common people are left to pick up the remnants of a shattered economy.

The key is education, and a quality, well rounded education that teaches one to learn from their past mistakes. Rebuild the school system and most of these problems will all of a sudden be recognized by fresh intelligent people. Dummy our children down and we can look forward to desperate uneducated masses grateful for  jobs paying shit wages from cradle to grave. Our choice.

 

Corporate greed!!

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18 Of America’s Biggest Companies Using Tax Havens To Skirt $92 Billion In U.S. Taxes: CTJ

The Huffington Post  |  By Posted: 06/03/2013 1:58 pm EDT  |  Updated: 06/03/2013 5:05 pm EDT

 

Apple may be getting all the attention from lawmakers and the news media for its offshore tax practices, but a new report finds that other major companies are using similar tactics to avoid paying taxes on billions of dollars in profits.

At least 18 companies, including Nike, Microsoft and Apple, are stashing profits in offshore tax havens likely in a bid to avoid paying taxes, according to a new report from the Citizens for Tax Justice, a left-leaning research group. If the companies brought that money home, they would pay combined more than $92 billion in U.S. taxes, the report found.

“It’s misguided to say it’s some unique thing that Apple has created,” said Matthew Gardner, the executive director of the Institute on Taxation and Economic Policy, a research partner of CTJ. “A lot of big companies are very likely doing it.”

A Nike spokesperson declined to comment on the report. Microsoft and Apple didn’t immediately return messages from The Huffington Post seeking comment.

Apple came under fire last month after a Senate hearing revealed that the company paid just 2 percent in taxes on $74 billion in profits by housing its money in an Irish subsidiary that hadn’t declared its tax residency anywhere in the world. Apple CEO Tim Cook told lawmakers that the company pays “all the taxes we owe,” which, while technically true, offers an example of the larger issue of corporate tax avoidance that some lawmakers are targeting.

Companies like Apple are able to use loopholes to legally keep their money in other countries, and they don’t have to pay U.S. taxes on that money unless it comes back home. When a corporation brings money stashed abroad back to the U.S., it pays the difference between what was already paid in taxes to the country where the money was previously held and the top U.S. corporate tax rate of 35 percent.

The companies on CTJ’s list disclosed in their filings with the Securities and Exchange Commission that if they brought their overseas profits back to the U.S. they would pay a tax rate above 30 percent, indicating that the countries where their money is currently housed have very low tax rates.

 

“When you see somebody estimated that we’d pay 30 percent or even 35 percent when we bring these profits back, that is an indirect admission that they’ve paid nothing,” Gardner said. “There’s a very small number of countries in which you can pay single digits in taxes on your profits — and those countries have an awful lot of beach front.”

Gardner noted it’s likely there are more companies than those on CTJ’s list that avoid taxes by keeping their profits in other countries. The SEC offers companies two options when disclosing their U.S. tax rate for profits housed overseas: They can either estimate what their rate would be if they brought the profits back, or they can claim that it’s too complicated to figure out, Gardner said.

The companies that made CTJ’s list are those that offered an estimate, but there are 235 other companies that told the SEC that they’re holding profits overseas but didn’t disclose their hypothetical U.S. tax rate, according to the CTJ report. In total, these non-disclosing companies hold almost $1.3 trillion in non-repatriated profits abroad, CTJ found.

“In all likelihood the vast majority of these 235 companies could give you a good estimate of what they’d pay if these profits were brought back,” Gardner said. “The idea that they can’t just figure out what they’d pay if these profits were brought back is pretty laughable.”

Many of the companies discussed in CTJ’s report, including Apple, have pushed lawmakers to grant a holiday on taxes for corporate profits brought back home, or to move towards a territorial tax system that would allow companies to effectively pay no U.S. taxes on the income they earn abroad. Supporters of such proposals argue that adopting a simpler corporate tax code would make the U.S. a friendlier place to do business, while critics say the policies could cost America billions of dollars in tax revenue.

But Gardner said it’s difficult for lawmakers to assess those proposals when they don’t know how much companies are paying in taxes abroad.

“It’s asking an awful lot for Congress to evaluate these questions without having access to this basic information,” he said. “That’s the bottom line. Congress should have access to information that they currently don’t have access to.”

Also on HuffPost:

The Most Outrageous Corporate Tax Loopholes
 

Also in the news-How the middle class is subsidizing both the super rich and the welfare poor! The bottom line is that the middle class is sinking in the mire that the super rich have caused and we are expected to pick up the tab for assholes who sit on their asses as well! When does the Fed construct some programs to reward the working for being victimized by both the rich and the poor?? We cannot absorb this for much longer as the middle class sinks and the rich continue to get richer! Tax religion and business the way that they should be taxed and kick fucking idiots off of the welfare system and we have a chance to survive. Keep flotsam financed and we will not! This requires that stupid liberals grab their nuts and crack some eggs instead of sipping organic coffee as Rome fucking burns!! Not that the Tea Party has ANY answers, it doesn’t. As long as GOD rules the right then they can’t be effective either!