John; *ot* I think your right re > The key point is you can not tax currency swaps unless you put some type of " VAT Sales Tax" on them. << Also your post is very informative . ----------- I know they won't do it, not any time soon, but if they did put a type of sales tax on currency swaps ( over a certain amount ) it would curtail a lot of the organized striping off of peoples savings via the underhanded tactics the Fraternity brothers that together and in collusion gives them the power to bust up any counties economy they so chose too. -----------------
Keep it simple spit the tax ( half going to the country that's currency is being sold, the other half helping to fund the the UN and or IMF, let the capitalist help fund these organizations, which in a way would make them getting support, from the people they protect the most.
Trillions of dollars worth of currency being swapped shorted and covered every day to skim the bonds, and the market don't do a damm thing to help the economy or the wealth of the world. It's an unending attack on the poorest of people, and a it's system dedicated to enhancing and concentrating power into the hands of an elite minority, who have no concern other than their own ideology or "thing". -------------- There is no real wealth but the labor of man. Were the mountains of gold and the valleys of silver, the world would not be one grain of corn the richer; nor one comfort would be added to the human race. :Percy Bysshe Shelly (1792 - 1822, English writer ) ---------------- To have complete control of mans labor, and not have to do any themselves is what it's all about. Jim |