All credit card transaction will be reported to the IRS

by Jake, the Champion of the Constitution
(Libertarian)
Thursday, July 24, 2008

July 23, 2008, Ron Paul reports that the House passed HR 3221 by a vote of 272-152. Did your Representative vote for this Pelosi bill? Check here.

The 600-page mega-bill includes:

1) Fannie Mae/Freddie Mac Bailout: Granted Treasury an unlimited line of credit to allowed to buy all housing securities from these two private companies. Ron explains that Treasury will exchange Treasury Bills for the mortgage-backed securities, so these securities will now back the dollar – which will debase the dollar which debt that no one wants to buy, so the dollar will drop.

2) National Debt Expansion: Congress approved to increase the national debt by $0.8 Trillion

3) Police State Expansion: All mortgage brokers must now get fingerprinted. (As if this caused the housing crisis!)

And the winner is…

4) Police State Expansion: All personal credit card transactions will now be reported to the IRS. Just swell.

Feel like casting off some chains? Try registering at www.campaignforliberty.com. Contact your Representative and especially your Senators (who will vote next) by going to this bill at www.downsizedc.org, the Read the Bills Act that requires Congress to read to the floor each bill before it is voted on. A 600-page document would probably stymie even the MicroMachines Man for a couple hours. If anyone thinks their Representative is actually reading all the bills they vote on, I have some subprime mortgages in Las Vegas I can sell you.

As the dollar drops, the risks of hyperinflation will increase as described below:

The 3 Trillion Dollar Government: Hyperinflation in America? (Part 1/2)
Published: July 13, 2008
A Prelude. Interesting statistics on the Federal Government Taxation and Deficit, the Trade Deficit, the National Debt, and more

Calling All Wheelbarrows: Hyperinflation in America? (Part 2/2)
Published: July 16, 2008
“Let it not be said that No One Cared, that No One Objected, once it is realized that our Liberties and our Wealth are in Jeopardy.” – Dr. Ron Paul

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73 thoughts on “All credit card transaction will be reported to the IRS

  1. The writer merely has some people in his mind, and an incident or two, also a locality. He knows the selected locality, and he strusts that he can plunge those people into incidents with interesting results.MarkTwainMark Twain

  2. Eschew the ordinary, disdain the commonplace. If you have a single-minded need for something, let it be the unusual, the esoteric, the bizarre, the unexpected…ChuckJonesChuck Jones

  3. A human being is part of a whole, called by us the ‘Universe,’ a part limited in time and space. He experiences himself, his thoughts and feelings, as something separated from the rest–a kind of optical delusion of his consciousness. This delusion is a kind of prison for us, restricting us to our personal desires and to affection for a few persons nearest us. Our task must be to free ourselves from this prison by widening our circles of compassion to embrace all living creatures and the whole of nature in its beauty.AlbertEinsteinAlbert Einstein

  4. Success has no taste or smell. And when you get used to it, it’s as if it never existed.MarisaParedesMarisa Paredes, as Huma Rojo, Todo Sobre Mi Madre

  5. The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy.Dr.MartinLutherKingJr.Dr. Martin Luther King Jr.

  6. A kind of second childhood falls on so many men. They trade their violence for the promise of a small increase of life span.JohnSteinbeckJohn Steinbeck, Travels With Charley

  7. My God, My God … why hast Thou forsaken me? … That bestial giggling ….SorenKierkegaardSoren Kierkegaard, his journal entry after his first – and only – sexual encounter

  8. The want of logic annoys. Too much logic bores. Life eludes logic, and everything that logic alone constructs remains artificial and forced.Andr%E9GideAndr? Gide

  9. I never attended a creative writing class in my life. I have a horror of them; most writers groups moonlight as support groups for the kind of people who think that writing is therapeutic. Writing is the exact opposite of therapy. The best, the only real training you can get is from reading other people’s books.ZadieSmithZadie Smith

  10. The book [Future of an Illusion] testifies to the fact that the genius of experimental science is not necessarily joined with the genius of logic or generalizing power.ThomasStearnsEliotThomas Stearns Eliot, aka T. S. Eliot, 1928

  11. Anyone who thinks they’re important is usually just a pompous moron who can’t deal with his or her own pathetic insignificance and the fact that what they do is meaningless and inconsequential…WilliamThomasWilliam Thomas

  12. I was lousy in school. Real screwed-up. A moron. I was antisocial and didn’t bother with the other kids. A really bad student. I didn’t have any brains. I didn’t know what I

  13. To suggest that war can prevent war is a base play on words and a despicable form of warmongering. The objective of any who sincerely believe in peace clearly must be to exhaust every honorable recourse in the effort to save the peace. The world has had ample evidence that war begets only conditions that beget further war.RalphBuncheRalph Bunche, Jimmy Carter’s Nobel Lecture

  14. It is not for him to pride himself who loveth his own country, but rather for him who loveth the whole world. The earth is but one country and mankind its citizens.Baha%27u%27llahBaha’u’llah, 1817-92

  15. We have been the cowards lobbing cruise missiles from 2,000 miles away. That’s cowardly. Staying in the airplane when it hits the building, say what you want about it, it’s not cowardly.BillMaherBill Maher, on Politically Incorrect

  16. If Wagner lived today he would probably work with film instead of music. He already knew back then that the ‘Great Artform’ would include a sort of fourth dimension; it was really film he was talking about.HarmonyKorineHarmony Korine, American artist

  17. Ideas are like stars, you will not succeed in touching them with your hands, but like the seafaring man on the desert of waters, you choose them as your guides, and, following them, you reach your destiny. CarlSchurzCarl Schurz

  18. I start drawing, and eventually the characters involve themselves in a situation. Then in the end, I go back and try to cut out most of the preachments.TheodorSeussGeiselTheodor Seuss Geisel, a.k.a. Dr. Seuss, 1904-1991

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