tag:blogger.com,1999:blog-2914413525684497615.post2759249290845419278..comments2023-12-05T05:17:34.915-08:00Comments on The republican Mother: Wall Street and the Bolshevik Revolution: Chapter 1republicanmotherhttp://www.blogger.com/profile/07771957484079419477noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2914413525684497615.post-91687930310026598722011-02-04T21:07:31.027-08:002011-02-04T21:07:31.027-08:00When I get to a later chapter, we'll prove the...When I get to a later chapter, we'll prove the funding of both sides at the same time. These people don't operate in the same mindset as the rest of us, that's what makes them think that they're superior.<br /><br />You can find a copy of the original tax form online, it's kind of funny. Federal withholding didn't begin until 1944, I believe, as a war-time "necessity". Recall when the income tax was first passed, the majority of Americans thought it would never affect them, only the uber-rich, which they were in no danger of being. The book Foundations by Rene Wormser, is supposed to explain all of this in detail. He was chief counsel on the Reece Committee and this book was basically banned (very hard to acquire) until the internet age.<br /><br />Check out the Rockefeller Files and you will see the problems that Nelson Rockefeller had when Congress was trying to evaluate his true wealth. It was a complete joke, because everyone knew he had his wealth hidden in dozens of foundations. In fact, there were chuckles about it when he said he only had x million. <br /><br />The tax code is a complete farce. If our founders were made to pay their taxes in this way, the Revolution would have happened sooner. They wouldn't have been dissuaded by "H&R Block" will handle it for you line. Jeez, what a bunch of tools we've become. It's a plank in the freaking communist manifesto for Pete's sake.<br /><br />The family I know is operating an independent restaurant. Payroll taxes are a factor, minimum wage is too high, and they aren't going to get any Obamacare "exemption" like McDonalds. The cold weather has really hit them hard, and they don't have a lot of cushion in their budget to play with. I know sometimes they just want to quit and "get a job", because their profit would be about the same as another paycheck - there is no incentive to keep doing this.republicanmotherhttps://www.blogger.com/profile/07771957484079419477noreply@blogger.comtag:blogger.com,1999:blog-2914413525684497615.post-58264642700151798062011-01-28T14:48:05.667-08:002011-01-28T14:48:05.667-08:00Interesting about funding both sides. It's a ...Interesting about funding both sides. It's a level of cynicism that is hard to grasp.<br /><br />I am not a student of the expansion of the tax code. I believe it was very simple at first and only grew over time to be the maze it is now. I don't think foundations were anything that gave larger corporations an advantage over entrepreneurs. I presume entrepreneurs could have used them in the same way. SIZE of profit, established customer base, and stability of income would help a larger, older firm but these are not tax code-derived advantages. <br /><br />It's true that the tax code is a bear to get a handle on in its entirety but accounting services are not that expensive and not every tax return involves or involved the use of complex tax strategies.<br /><br />Obviously, you know a small business family facing absorption by a larger competitor. Is that because tax code complexity is driving the family to the edge or are there other aspects of the business climate that are preventing it from achieving a healthier bottom line?Col. B. Bunnyhttps://www.blogger.com/profile/09590364016079745156noreply@blogger.comtag:blogger.com,1999:blog-2914413525684497615.post-9176719755981129232011-01-26T12:34:11.564-08:002011-01-26T12:34:11.564-08:00I've recently learned that one of the reason b...I've recently learned that one of the reason behind the Income Tax was that the monopoly capitalists (the big boys) had written their foundation loopholes in the law, while their remaining competitors were completely clueless who was behind the Tax in the first place. While they're funneling their money into foundations and offshore, the laissez-faire entrepreneur was penalized. As the years went by, the tax code became more and more cumbersome for those who don't have an accounting staff to "take care of it". Just give up and we'll hire you is the siren call of the monopoly corporations. I know a small business family facing this right now. There really isn't a lot of incentive for them to keep going.<br /><br />Toward the end of this study, we'll see that these Wall St. people were funding commies and at the very same time, funding anti-red groups in America. Sutton makes the point that they gain more money and power through "conflict management". Owning both sides of a conflict is indeed the most profitable business in the world as Meyer Rothschild once famously said. <br /><br />I recently read a little about Armand Hammer, and like the rest of these big money guys, he comes from a really creepy family, sheesh. I guess you can't help it if you weren't raised right.republicanmotherhttps://www.blogger.com/profile/07771957484079419477noreply@blogger.comtag:blogger.com,1999:blog-2914413525684497615.post-38442925031668807552011-01-26T11:50:32.809-08:002011-01-26T11:50:32.809-08:00An excellent post.
The "traditional" ...An excellent post. <br /><br />The "traditional" left-right continuum of commies-left-fascists-right is moronic and a deliberate obfuscation. The applicable spectrum is control-freedom. O/c, there are other spectrums. E.g., internationalist-nationalist.<br /><br />Fascinating point about Wall Street being in the same class as the socialists and the corollary "monopoly capitalists are the bitter enemies of laissez-faire entrepreneurs." I've mistakenly thought of red fascism (communism) and black fascism (National Socialism, Italian fascism) as effectively occupying the extreme left wing end of the spectrum. Both phenomena where government is the prime mover and the German industrialists, say, as necessarily only having two options: coerced cooperation or very unpleasant retaliation. The myth of rabid Wall Street hostility to bolshevism obscures another reality, that of ardent pursuit of and effort to co-opt socialism by Wall Street. It beggared the Soviet Union although creeps like Armand Hammer got his money from Soviet pencil manufacture and, I think, diamonds (?).Col. B. Bunnyhttps://www.blogger.com/profile/09590364016079745156noreply@blogger.com