Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (110907)	4/22/2010 10:34:06 PM
From: jmiller099	2 Recommendations Read Replies (2) \| Respond to of 116555

We need you and 400 other like-minded people to get themselves into senate and congress at the same time.

To: mishedlo who wrote (110907)	4/23/2010 2:17:23 AM
From: posthumousone	2 Recommendations Respond to of 116555

i would support no taxes and massive cutting of all spending except ss.

To: mishedlo who wrote (110907)	4/23/2010 9:09:15 AM
From: White Train	6 Recommendations Respond to of 116555

I would like to: Abolish the Federal Reserve or at least open it up to an audit. Our central bank, the FED, is a private corporation. Unbelievable. Stop issuing interest bearing debt. China, Japan, whoever don't need to be collecting interest on money that they "lend" to us. Issue US notes once again as begun by Andrew Jackson in his fight against the formation of the original US central bank, and continued by Lincoln and then Kennedy. Just issue credit or bills for the money needed and just spend into circulation. Money issued this way would do away with the need for a taxation system for every dollar spent into circulation would in effect already be taxed. This would be the most equitable taxation system. There would be concerns that without the usual revenue/budgetary system there would be overspending abuse by the congress and white house, but the financial world would adapt and a high infaltion rate would be a negative reinforcement on the govt. Without need for tax collection the IRS and all accompanying agencies could be abolished. CPA's and all the games and unproductive time spent in the filing of tax returns would be done away with.