Comments on: One Million A Minute http://parkerboyack.com/one-million-a-minute/ The Daily Scoop On My Life Mon, 06 Oct 2008 18:10:03 +0000 http://wordpress.org/?v=2.2.3 By: Connor http://parkerboyack.com/one-million-a-minute/#comment-62 Connor Thu, 27 Dec 2007 06:25:44 +0000 http://parkerboyack.com/one-million-a-minute/#comment-62 You can't talk about taxes without addressing the issue of the inflation tax: the Fed's ability to create money out of thin air. This is far worse of a tax than any "normal" tax pushed by government, and is the very essence of what is amplifying our debt. The amount of interest we pay on the debt continues to soar. Who do we pay that debt to? To the Fed - the bankers who make a living by printing new money and inflating all the money the rest of us have. It's useless to discuss taxes and budgets without addressing the elephant in the room that is the Federal Reserve. You can’t talk about taxes without addressing the issue of the inflation tax: the Fed’s ability to create money out of thin air. This is far worse of a tax than any “normal” tax pushed by government, and is the very essence of what is amplifying our debt. The amount of interest we pay on the debt continues to soar. Who do we pay that debt to? To the Fed - the bankers who make a living by printing new money and inflating all the money the rest of us have.

It’s useless to discuss taxes and budgets without addressing the elephant in the room that is the Federal Reserve.

]]> By: RYAN THOMPSON http://parkerboyack.com/one-million-a-minute/#comment-58 RYAN THOMPSON Sat, 08 Dec 2007 04:05:02 +0000 http://parkerboyack.com/one-million-a-minute/#comment-58 I need to lecture you in Econ again i guess. haha remind me to tell you in hepe I need to lecture you in Econ again i guess. haha remind me to tell you in hepe

]]> By: Parker http://parkerboyack.com/one-million-a-minute/#comment-57 Parker Fri, 07 Dec 2007 03:20:44 +0000 http://parkerboyack.com/one-million-a-minute/#comment-57 I don't know about you but I DON'T want to be in Iraq anymore. We went in for the wrong reasons and we are getting NOWHERE. Why in the world would you want an increase in taxes? That doesn't make sense... I don’t know about you but I DON’T want to be in Iraq anymore. We went in for the wrong reasons and we are getting NOWHERE. Why in the world would you want an increase in taxes? That doesn’t make sense…

]]> By: RYAN THOMPSON http://parkerboyack.com/one-million-a-minute/#comment-56 RYAN THOMPSON Fri, 07 Dec 2007 02:13:06 +0000 http://parkerboyack.com/one-million-a-minute/#comment-56 JUST INCREASE TAXES and stop selling T-Bills. If we want to fight a war on terror, then we need to sacrifice a little of our money like all the generations before us did. look at the debt between 1998 to 2004. It was decreasing. Why? Because we increased taxes, and we were fine. JUST INCREASE TAXES and stop selling T-Bills. If we want to fight a war on terror, then we need to sacrifice a little of our money like all the generations before us did. look at the debt between 1998 to 2004. It was decreasing. Why? Because we increased taxes, and we were fine.

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