Federal Reserve History Lesson

There has been quite a bit of interest in my post about the abolition of the federal income tax.

I checked my stats, and many more people than usual have clicked through to the article. Just a few minutes ago, Michael Roach left a comment:

Ok, the article tries to explain it in "layman's terms", but how about in VERY layman's terms?

Will you no longer be paying taxes, Ryan?

What will this mean for Canadian taxes, I wonder? Or should I just pack up and move south?

Hmmm. You have me intrigued with this post!

I wrote a response, but it became so long, I figured it might as well be a regular blog post. So keep reading... maybe you'll learn something. :-)

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Michael - Right now, I plan to continue to pay my taxes.

I'm no lawyer, but here's how I understand it: The IRS was challenged and did not respond, therefore they lose.

Something to that effect.

Keep in mind, law doesn't matter when it comes to government. They'll enforce what they choose to enforce.

Speaking from a worldly perspective, the Federal Reserve was created in 1914. It is a private institution. They print money and loan it to the American people with interest.

A good gig, eh? I'll give you paper, and you pay me back in perpetuity... with interest!

The private bankers tried to get it passed for decades and failed. They succeeded once, but it was repealed. Then President Woodrow Wilson signed it into law in 1914. Afterwards, he said, "I have unwittingly ruined my country."

It's my understanding the IRS exists because of the Federal Reserve. Neither are government owned. They simply benefit the private bankers behind it.

I suggest you read "Make IRS check payable to stockholders of private Fed." It's a short read, yet extremely helpful in understanding the issue.

You've heard of Ayn Rand, yes? You've heard of Alan Greenspan, too? Greenspan was a devout student of Rand. Read Atlas Shrugged and you'll get a good idea of what the Federal Reserve is all about.

Re: Canada and how all this affects you... I don't know.

I do know there are talks of uniting America, Canada, and Mexico into one nation called the North American Union. Currency would be changed to the "Amero." The Constitution would be history. Literally. (In fact, it mostly is already.)

Just do a search and you'll see.

Of course, there's much going on behind the scenes spiritually, but I'll leave that topic for another time. ;-)