It is no coïncidence that it is the same year that Tax and Central Bank were settled (in 1913 year) because the tax implies bonds emission and bonds emission are controlled by the central bank.
it is no coïncidence that it was a socialist who settled it:
http://www.councilonforeignrelations.net/
'House was a Marxist whose goal was to socialize the United States. In 1912, House wrote the book "Philip Dru: Administrator" in which he stated that he was working for "Socialism as dreamed of by Karl Marx." In this book, House laid out a plan for the conquest of America, telling how both the Democratic and Republican Parties would be controlled, and be used as instruments in the creation of a socialistic government. And he asked for the establishment of a state-controlled central bank, which were both proposed in "The Communist Manifesto". And it was in 1913, during the very first year of the House-dominated Wilson Administration, that both of these proposals became law. The Federal Reserve Act was passed, which brought into power a private central bank to create the money of the United States, taking this power away from the united States Congress. And the 16th Amendment to the United States Constitution, the graduated income tax as proposed by Karl Marx, was also ratified. '
For the ten points of Communist Manifesto see here:
http://www.libertocracy.com/Webessays/state/democracy/Communist_Manifesto.htm
-Establishing a progressive tax (now there's an oxymoron) to punish production and personal achievement and to continually increase the tax burden on all classes. Eventually the population will come to accept full confiscation of all property and production value to be redistributed according to need, i.e. full blown communism.
- Heavy taxation on inheritance and eventually the abolition of inheritance of property and businesses.
- Political centralization of banking in the hands of the state by means of a national central bank, eventually as a monopoly by prohibiting private banking.
And also:
- Universal public education mandated for all children for the purpose of political indoctrination, abolition of private schools and home schooling.
They have succeeded so well in this "Education" that today people don't even know that it was a communist schema ! There are only rare people like Trader Vic and his Friend Lawyer who still know the truth - remember
http://www.elitetrader.com/vb/showthread.php?s=&threadid=16268&highlight=trader+vic
fgmr Review of "Crashmaker" by legendary trader Vic
http://www.fgmr.com/crashmkr.htm
Even before "Crashmaker" arrived in the post, I knew that I would like this book. My expectations were high because I've known both of the authors for about fifteen years, so I understand what they are capable of achieving. Furthermore, I hold both of them in very high regard because of their professional accomplishments and the vast reservoir of knowledge that each commands.
Victor Sperandeo is a Wall Street legend whose deft stock picking and commodity trading over the years earned him the sobriquet, 'Trader Vic'. And Alvaro Almeida is the pen name of an accomplished constitutional attorney whose knowledge about the legal basis for sound money throughout United States history is second to none.
So it was with great eagerness that I picked up this book and began reading. But it quickly became evident as I delved into Crashmaker that this was no ordinary book. When I finished, there was no doubt that even my high expectations for it were more than succeeded. This book is truly magnificent. Everyone must read this book, all two volumes and 1,572 pages of it.
Crashmaker can be read on two levels. First of all,
Quote from harrytrader:
If the government said to the people: give me your money to give it to the criminals of course people will refuse. So this is a mechanism to hide the transfer : by setting bonds between the tax and the interests this is a black box that prevent the majority of people for understanding what is happening. Although this is really simplistic they don't even learn at school for most that Bonds ==> Debts ==> Interests ==> Tax and by compounding law it can only grow exponentially through generation !
