Article Image Powell Gammill

Letters to the Editor • Economy - Economics USA

We Are a Consumer Driven Economy

This Nation is a Consumer Driven Economy, that is the very reason that China, Mexico and all other third world nations wish to enter our markets.  When our illustrious Congress wishes to raise or to lower taxes, the Democrats wish to soak the rich, never mentioning that most, if not all of those taxes are passed to citizens through higher prices for the products we buy and the Republicans wish to lower taxes, but mostly on those who are the wealthiest in the Nation and who tend to offshore their products.  As a result, the consumer is caught in the middle regardless of who is in power.

 In 1890, the Sherman Anti-Trust Laws were passed in order to break up monopolies (Standard Oil and later AT&T) and to prevent mergers which would tend to eliminate competition.  Do these incompetents in Washington not realize that they have created a monopoly through their own governmental policies?  Is the Federal Reserve System not a monopoly?  Are these banks which are considered too big to fail not monopolies?  If all money is created at one central source, are they automatically not guilty of money laundering through the "War on Drugs"?   If so, is it not the duty of the Congress, given that all Legislative Authority is vested in them not to apply the same laws to themselves?

 In 1954, a little known Committee was formed in Congress know as the Reece Committee, which was given charge to investigate tax free foundations (search for Carrol B. Reece or Rene Wormser), in which they found that specifically three foundations (The Carnegie Institute, The Ford Foundation, and the Rockefeller Foundation)  were using these foundations in order to hide vast amounts of money and using them through their foundations to print school text books, Christian materials, support the building of Seminaries and to slowly but surely re-educate the citizenry to their was of thinking.  Given that once again all legislative authority is given to the Congress of the United States, shouldn't they be allowed to eliminate the tax free status of these foundations so that regardless of what these extremely wealthy people wish to place in them they will still have their wealth taxed.

 I would ask that each person reading this would find out the difference between a "Certificate of Title" and "Certificate of Origin" and the difference between a "Warranty Deed" and an "Allodial Title".  The "Communist Manifesto" can be summed up in one sentence, "The abolition of Private Property".


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