CounterRevolutionary

Straight from the horse's mouth.
This is the US Government's website:

What is the purpose of the federal Reserve system?
https://www.federalreserve.gov/faqs/about_12594.htm

"The Federal Reserve System, often referred to as the Federal Reserve or simply "the Fed," is the central bank of the United States. It was created by the Congress to provide the nation with a safer, more flexible, and more stable monetary and financial system. The Federal Reserve was created on December 23, 1913, when President Woodrow Wilson signed the Federal Reserve Act into law. Today, the Federal Reserve's responsibilities fall into four general areas."

"*1 Conducting the nation's monetary policy by influencing money and credit conditions in the economy in pursuit of full employment and stable prices.

"*2 Supervising and regulating banks and other important financial institutions to ensure the safety and soundness of the nation's banking and financial system and to protect the credit rights of consumers.

"*3 Maintaining the stability of the financial system and containing systemic risk that may arise in financial markets.

"*4 Providing certain financial services to the U.S. government, U.S. financial institutions, and foreign official institutions, and playing a major role in operating and overseeing the nation's payments systems."

So let's ask ourselves. Is the Fed telling us the t***h?

Is this mission being accomplished when the Fed's mandated interest rates are next to ZERO to service our enormous GOVERNMENT Congressional borrowing and spending, a $33 trillion debt?
NO

Has the Fed ever been fully audited since its inception in 1913?
NO

Do we know who the Fed has bailed out over the past 111 years?
NO

What do you say we ask our Congress to pass the Grassley-Paul Federal Reserve T***sparency Act?

YES, YES, YES

What is really going on here?

Private banks by law, must carry at-least 3% liquidity in real cash in their banks.
Private banks need customer deposits to maintain this liquidity.
Private banks need to pay compound interest on the customer's deposits.
Private banks need to make loans and charge interests to make a profit: personal, auto, home mortgages, business startups.

What happens when the Fed makes loans to our government?
What happens when the Fed makes loans to other governments?
What happens when the Fed makes loans to g*******t corporations
what happens when the Fed makes loans to World Banks, the United Nations, the IMF, the BIS, the WEF

What happens next? The Fed's original mission vanishes:

* If the Fed reduces interest rates to 0.001% (next to Zero) to accommodate the governments and giants, the smaller private banks are destroyed. This is the end of Capitalism!
* People turn to CRYPTO Coins, the currency of drug peddlers and terrorists and the whole racket collapses.
* All these world governments demand billions of dollars in bailouts but cannot repay the interest.
* Private Banks either fail, or switch to credit cards to make a profit. An economy of debt?
* Small businesses collapse for lack of start-up capital.
* Home Mortgages are through government the FHA Bank and the costs skyrocket.
* Private sector jobs vanish. Unemployment skyrockets.
* Government jobs increase and the bureaucracy manufactures nothing but Red Tape.
* Our standard of living goes down.


The Fed bails out our collapsing banks, markets, Wall Street, and foreign banks by printing reams of paper fiat devaluing our dollar to a dime. None dare call it counterfeit.

The money we earn today is worthless tomorrow. Inflation ensues, the cost of living goes up. Our lifetime of work and savings vanish.

Couple this with c*******t China's C***D19 and people become disillusioned, envious and h**eful, the c****es play the greed and envy card to incite to r**t.

This is where the Clinton and Biden crime families enter, hoping to crash the U.S. economy, the world economy, and human morality. Nations wage war and steal from each-other.

The Democrat Party and their Socialists 4th Reich are the worlds greatest bank robbers and warmongers.
This is the real Federal Reserve System that Progressive Woodrow Wilson created, "The Creature From Jekyll Island."

The Creature from Jekyll Island: A Second Look at the Federal Reserve Paperback – January 1, 2010
by G. Edward Griffin (Author) [5th edition]
https://www.amazon.com/Creature-Jekyll-Island-Federal-Reserve/dp/091298645X/ref=sr_1_1?crid=161TZNQVHN3X9&dib=eyJ2IjoiMSJ9.eaTmU-Pgb2SYTyJxXgHlfZuNdD3U-WZvitDhDQM37VEPERSVFq1WYs5JhfctQLG0oLOJyZFyyE67OHXLGCzLOq4K1HK06uxT0gdWmJDoDqel8P8au8tldXrDorzHjwqHNPzV297IpUquiqxj8_xz0TTjcl53kgaqHs9StbwNh4QQKRv2VhkAXpuD866MRxXZ3WOyTzBMqU9Mk78rNHvyPIhTI7bAF3wOE3KyyLbVDeg.g7qi2NlHgGjYVJMCmcsr7F10DwPhlkdRA_ZbIBQgyeo&dib_tag=se&keywords=the+creature+from+jekyll+island+book&qid=1714801401&s=books&sprefix=The+Creature+From+J%2Cstripbooks%2C162&sr=1-1

Radiance3

=================
You sent me this message already. Federal Reserves was created for the purpose stated. And that must be carried on in the proper way according to Proper Financial Accounting Standards and Procedures.

But it was not. So much corruptions going on. They put politics ahead of the purpose to maintain power. The problems are the those in power who abused the system. Much more so under this current administration. So many activities do not follow the protocols required.

Currently I wonder why President Biden could do anything that by-pass Congress and the Supreme Court?
1. Paying student loans prohibited by the SC.
2. Printing unlimited amount of money so he could massively do the social spending to buy v**es. This must not be allowed.
3. Appropriated funding without track records of where the money went. Each project must have the specific amount cost and results presented with documents to prove how the fund was expended. (Those need audit)

Powel and the US Treasury are both influenced by politics.
There were so many of those. How Powel raise interest rates create problems. Raising rates hurt the economy rather than reduce inflation. Due to so many economic activities affected.

I thought in 2021, there was a $6 trillion appropriated budget mostly to fix and replace the overall national infrastructure, roads, bridges, and highways, that are rotting out. I am not sure if they were fixed or replaced. Why until now our national infrastructures are crumbling and rotting out, and so many accidents are happening.

The manner how the financial activities conducted are corrupt. That is why it must be addressed to Congress and follow the proper Internal Control to protect the assets on all banking t***sactions.

Politics and greed for power are the number problems.

The Federal Reserve system must be re-defined, review failures, and set up all the proper accounting and audit procedures and control for all activities until completed.

The whole system must be corrected and addressed to Congress since they are in charge of finance. I have so many questions on these since the Obama administration. And even the Carter administration.

But the Federal Reserve system must stay but needs massive reviews and corrections to prevent fraud and corruptions. The Controller's Office could not handle all the activities of the national financial systems, that also affect the world.

We the people must demand to Congress to do something. We are almost losing this country. When Trump wins, he will have huge problems to fix.

People must be aware that the $34.67 trillion National Debts incur interest expense almost $650 billion annually. The higher the US Treasury the higher interest expense we pay to the lenders of those debts. Therefore the debts grow much higher even without adding cost to it.

CounterRevolutionary

You write:
"How Powel raise interest rates create problems. Raising rates hurt the economy rather than reduce inflation. Due to so many economic activities affected."

I think you got it backwards.
Raising interest rates finances the operation of private banks to serve economic (GROWTH) for people and businesses. Next to ZERO interest finances Big Government spending and ($33 trillion DEBT) and INFLATION.

You Write:
"Politics and greed for power are the number problems."

I agree completely

You Write:
"The Federal Reserve system must be re-defined, review failures, and set up all the proper accounting and audit procedures and control for all activities until completed."

I disagree. The Fed must be, first audited, and then totally abolished, It is a Marxist c*******t plot to destroy capittalism and create a socialist government monopoly of economics, property, over individual sovereignty to destroy human dignity. Socialism is s***ery.

You write:
"We the people must demand to Congress to do something. We are almost losing this country. When Trump wins, he will have huge problems to fix."

Trump already fixed the problem on his end, he selected Powel as Chair of the Fed and all 6/7 board members, an unprecedented opportunity in American history. Conress needs to get on board. this is why the democrats are scared.

You write:
"People must be aware that the $34.67 trillion National Debts incur interest expense almost $650 billion annually. The higher the US Treasury the higher interest expense we pay to the lenders of those debts. Therefore the debts grow much higher even without adding cost to it."

This is true. How to fix it?
1) A Balanced Budget Amendment would stop government wasteful spending.
2) Make us energy independent to increase our national wealth to pay down our debt.
3) Overturn the Supreme Court's Chevron Deferral Case decision that abdicates the Courts and Congresses responsibilities of litigation and legislation responsibilities, respectively.
4) Auction off our 600+ Bureaucracies and cut the size of government in half and consult them on an as-needed-basis.

There seems to be a smug, underlying r****m of low expectations of "Brown People" driving the world's socialists, assuming we little earthlings cannot handle individual sovereignty and money.

Worse, to guarantee we little people are compliant with servitude, the socialists bang us over the head to cripple us into submission. To quote Rush Limbaugh, "I can defeat them with half my brains tied behind my back."

Radiance3

Radiance3

NOTE: For the above report, please CLICK the "Show Quote" to read the contents.

The massive spending of president Biden has brought disastrous economic condition and why most of the people suffer. The National Debts is 121.6% over the GDP. We are spending 21.6 % more than what the country earns. This information was taken from FoxNews report 5/4/24.

Consumption had slowed down due to inflation. Infact employment for April 2024 was only 175,000 which was expected to be over 242,000. Why? Because most companies due to high cost of borrowing, plus the slow down on consumption due to inflation, companies had to lay off workers.

The arms of the Democrats CNN, MSNBC, NPR are not reliable source of information. They always cover the ills of Biden and deceive the public of what they report. Please don't take reports of these outlets at face value.

https://www.foxnews.com/opinion/bidenomics-strikes-again-shocking-number-full-time-jobs-lost-over-past-5-months

Most of Biden's job reports are part time jobs. Similar to Barack in 2009 when he created the "BarackObamaCare." He required employers with 50 or more employs to cover all full working 40 hrs/week with health care coverage. Most employers could not afford, so they changed the work requirements to part time 29 hrs. per week. And hired added PT employees to cover the lost hours. Results so many part time employees. And BLS counted as full time which reported lower unemployment report. But deceptive!

CounterRevolutionary

Radiance, your questions are certainly legitimate,. but there are a couple points that expose a deep misunderstanding of banking economics. Most of our adults' lives have been lived in a Credit Card economy of debt, hoping for LOW interest rate charges, not a Bank SAVINGS Account where we want to profit from a high compound interest rate.

It used to be profitable to deposit our paychecks in the local bank and make interest on our account; while our local bank then loaned out these deposits to small businesses with interest, which in turn, hired more employees, gave raises, and manufactured more merchandise to increased sales, making a profit.

INTEREST IS GOOD and necessary in a Capitalist economy. Small banks are necessary to make loans for small businesses, mortgages, personal loans, car loans, minor medical needs (HSAs). The vast majority American businesses are small businesses who employ about 80% of all workers, not the Fortune 500.

The GIANT Government Central Banks make loans next to Zero Interest Rates, like 0.001% to Congressional Spending in volume of BILLIONS of Dollars with no limits, driving our national debt into over $33 TRILLION DOLLARS, and our Entitlements of hundreds of trillions of dollars.

The GIANT Government Banks like our Fed, do NOT make loans to small businesses or little people. We need small banks and the necessary higher interest rates above 3%.

This Government Central Bank is a failure of socialism. The Fed is printing counterfeit money to pay down our debts because our government has maxed out its credit card. This is what happens when the Fed sets LOW INTERESTS RATES to lure Congress into more and more spending and bankruptcy.

Congress must limit its spending to only using incoming tax revenue, but that is another debate about how "less taxes reaps more revenue."

Audit the Fed, Abolish the Fed.

Radiance3

===============

Do you think there is a chance to make that happen? The biggest problem is the greed and corruptions of those people. Much more so that Biden has made it worst.

We are in a biggest crisis at present both locally and internationally. Biden is more interested supporting the criminals to win his e******n. And if that happens, we finally lost this country.

Can history repeat itself? The end of the Constantinople, the end of the Byzantine Empire. The end of the Roman Empire.

I pray, and hope Trump wins, so we could take back our freedom. Put Biden in the Old Folks Home.

Radiance3

================
I can see now one of the big problems here. Banks are making so much money via highest lending rates, in contrast, they provide very low rates to peoples' money deposited in their banks.

Funds of depositors decline fast as inflation continues, added with very low interest credited to their deposits.
The winners are only the banks. The depositors lose.

Much more so now that due to high inflation, most people resort to CC to buying foods and other essentials. The CC requires at least 12% to 21% interest rates. And the trick is banks allow or require card holders pay them by installments so that the CC balance further earns more interest income.

This is the first time that the peoples' CC credit balance has reached the highest of $1.13 trillion. And the people will never be able to pay off the CC because they don't have enough cash to buy food and essentials, thus they continue using the CC.

Notes: President Biden is raising in 2024, Income tax rates, Capital Gains tax, and the Estate tax. My conclusion on all of these will hurt the economy.

I don't know how you defend this.

Radiance3

===================
How do we dismantle these huge institutions with tentacles rooted so many years upon the people?

One Central Bank is needed where the US monetary policies and activities are handled. The smaller banks could provide lending institutions to the public.

All the banking systems must revise their monetary policies. I am not certain if Congress would ever do something to fix it. Because most in Congress are also corrupt, and do not care or even understand how these massive banking systems work.

I am not certain when Trump takes over could do it. This is a very big job. He could support encourage Congress to revise our monetary policies. Most people sitting there don't also understand but corrupt as well.

I urge Senator Rand Paul and his associates to pursue the audit the Fed. Reserves, but we must support them.

First step is to rid the corrupt Joe Biden, from the Oval Office to the Old Folks home where he deserves to be.

CounterRevolutionary

Radiance, you just don't understand what is motivating Centralized Planned Banking.
You wrote:
"Do you think there is a chance to make that happen? The biggest problem is the greed and corruptions of those people. Much more so that Biden has made it worst."

I think you got it wrong.

This is not what is going down. It is NOT GREED, but RACIAL SEGREGATION through economic containment via high cost of living and lack of property ownership.

Capitalism allows everybody to rise and move in next door and marry your daughter. We are dealing with the Geeks who cant get the girl.

Elected Congressmen and their control over our US Treasury and Fort Knox are supposed to coin our money and manage our banks, NOT A GOVERNMENT CENTRALIZED BANK.

When evil is inherent in all humanity, some people are just so full of themselves, lusting for power, that we do not consolidate power, but must divide power. Our Founding Fathers recognized this flaw in humanity and devised a system of checks and balances. Nobody in their right mind would hand the entire economy's money over to one Government Central Bank.

I am trying to keep it simple for you, and my IQ is probably below 100 points. I am not the brightest bulb on the Christmas Tree, but can still recognize people who are bloated with arrogance and evil, like President Woodrow Wilson, who created the Federal Reserve System. His father was Reverend Joseph Ruggles Wilson, chaplain for the Confederate Army soldiers.

Get it?

Why do you keep rationalizing the necessity of government centralized planning? We all have to be in on it, that is why we have a Representative Government. Centralized planned governments and economies kept us living in caves, serfdom and s***ery for the past 2 million years!

CounterRevolutionary

More DEATH BY BUREAUCRAT in Government Central Banking. Private banks were not guilty of money laundering al Qaeda drugs through the housing market mortgages. It was the Federal Housing Bank and the Federal Reserve Bank that bailed out the FHA who were treasonous crap.

So, Obama with his i***t advisors, blamed the "greed" of private banks for the collapse of the housing market.

Next, Obama signed into law the Dodd-Frank Banking Act to REGULATE the growth of the Big Banks Too Big to Fail.

But instead, the Banks Too Big to Fail grew BIGGER and nearly 2,000 small banks either collapsed or were absorbed through mergers and acquisitions by the Big Banks. FHA Fannie Mae took over 95% of all mortgages (homes selling at $650,000 qualified for FHA poverty loans in 2010), further destroying the mortgage industry of Credit Unions and small banks.

The working poor were then cut off from any possible private bank mortgages due to more government regulation - trapped with outrageous rent on the government plantation.

If we could get a President and Congress elected into office with math degrees and banking education, the poor could work their way out of poverty with dignity. Property ownership would reintroduce stability in our cities and town and farms.

This is when Senator Elizabeth Warren moved her stocks to Fannie Mae hedge fund bonds and became a multi-millionaire overnight, (little insider trading under the Obama administration).

Three Charts That Show How Dodd-Frank Is K*****g Small Banks
March 7, 2014
https://moneymorning.com/2014/03/07/three-charts-show-dodd-frank-k*****g-small-banks/
"The Dodd-Frank Act of 2010 was hailed by its advocates as the regulatory answer to the excesses of the Big Banks that led to the financial crisis.

But just about the only thing Dodd-Frank has accomplished is the slow destruction of small community banks.

The idea behind Dodd-Frank was to add mountains of new regulations to the banking industry to prevent misbehavior.

But instead of putting a leash on the Too Big to Fail Banks, Dodd-Frank has actually helped them get even bigger and more powerful at the expense of small banks...."

Nobody in their right mind would consider the FHA Fannie Mae GSE, (now totally nationalized), would offer better service to the poor than the small banks and credit unions in obtaining a mortgage. The poor are still stuck paying rent on the government plantation ghettos.

CounterRevolutionary

Again, Radiance, May I add a further explanation of why President Woodrow Wilson in 1913, still working for his father's Confederacy's dream of s***ery, was so hell bent on creating control of our economy by a Government Central Bank in the name of maintaining segregation:

This is a very recent publication on race and intermixing genetics. A picture is worth a thousand words, but please pull up the "Table of Context" to scan through the subject material covered.

Principles of Population Genetics 4th Edition
by Daniel L. Hartl (Author), Andrew G. Clark (Author)
https://www.amazon.com/Principles-Population-Genetics-Daniel-Hartl/dp/0878933085/ref=sr_1_1?crid=183BXUVTOZ7PA&dib=eyJ2IjoiMSJ9.jmz31E6v2ETNIgdx9Qp9oTZwP9rlly8kr9uccMvYV0nSzAIw_VcNwlAso7_Kozfygrz3rG0oau4APXfbeXl0v_J2Ik5swHcpjKOF1xl5bWqYxqr_4n3oFPtm962fOmdjXXidVgO5TbibDFKYAcsO92U1RIxOMyMBbTibqEmjmC5mnyFk_Fxjp9u1bqSZZchc5gkeJtSivjuN6AluX4_aZhBzK4lfsP0ViUE7QsKeGvA.ezW6j3_87S12r7NhIQ19oGEa4SZPR7yGZ2wdNPG8ZzI&dib_tag=se&keywords=principles+of+population+genetics&qid=1715147898&s=books&sprefix=Principles+of+population+geneti%2Cstripbooks%2C177&sr=1-1



I don't believe this process of genetics is legitimate, for love is left out of the equation, which is a tool in God's creation, speeding up Darwin's process of "random mutation and natural se******n" which would take approximately 1 trillion years raised to the 27th power to make a human being, impossible since Earth is only 4-1/2 billioin years old. LOVE DESTROYS RANDOM SE******N

But that is another debate, the geneticists today are using Darwin's obsolete theory in plotting evolution through random mutations and survival of the fittest in ghetto gang warfare.

To combat the mixing of races, economic segregation is enforced by Marxist Centralized Planning, socialism, including a Government Central Bank printing reams of counterfeit cash under the pretense of "bailouts" devaluing our currency.

The money we make today is worthless tomorrow - impossible for the poor to work their way out of poverty and move off the government plantation.

Audit the Fed, Abolish the Fed.

Radiance3

================
Yes, our points differ because I was looking only according to the Accounting and Auditing standpoint. Contrary to your
assertions on the historical purpose how and why this Federal Reserve was created.

I can see that. Woodrow Wilson was gone 111 years ago, but left this powerful track of legacy, all contrary to the Founding Principles this nation was founded upon. You are trying to explain that the system established by Wilson were all in contrary to all what most of the people believe, though most of them have been carried on. To separate the rich from the poor to exploit and ens***e the people, to aggrandize the power of the rich, and forever carry all along. To control the economic system and development.

I still could see it through the prism, the greed of human being though. That it is genetically inherent in human beings why the exploits still exist.

I can see that the system we have now as the Federal Reserve continues, but most people are unaware how they are exploited. While the wealthy predator using the people as the tools to achieve their ambitions. I still see that these are motivated by greed of power and wealth.

Fact of the matter is I think the system set up by our current government seems to magnetize that power. The way it is happening now, president Biden has planned to do the following.
1. Eliminate the suburbia homes and build huge complex where people must live among each other.
2. Confiscate the properties of people who own homes, tax them the highest until they could not afford to pay. That is happening now.
3. Raise taxes of the working class, to sustain the rich. As we deposit our hard-earned money to the bank that depreciates in value due to inflation. While credit the account with pennies and dimes. As the public use the banking system's money with exorbitant costs due to unlimited interest they impose to the users.

These are all going on today. Who will fix this? Without the peoples' demands nothing will change. It is the segregation of the haves and the have nots by creating a banking system, where the people are exploited by the inherent system of exploitations.

Over the century, why was this tolerated under this Christian nation when we are supposed to love one another and take care of each other. I think the Founders intended it that way.

Now, I see that most of us are turning to the Godless system, reasons why there are so much violence right here in our own eyes and noses. But yet uncontrolled. Where is that power where people chose to be the Commander in Chief to restore peace and stability of this nation? It is not happening, and now we the people suffer and insulted. Why are enemies of this country allowed to trample our rights, burn our f**gs, insult us, and spit right in our own face. Why? That is the most important question I want it answered.

I know these events happening has nothing to do with the banking system, and the predatory lending, but they are all parts that destroy all what we have aspired for. And that was freedom. Our Declaration of Independence has powerfully declared this. "That we are endowed by our Creator, with certain unalienable rights. And among these are Life, Liberty, and the pursuit of Happiness."

Are these carried on? No! Thus, it even magnetizes the power of the haves and minimizes the have nots.

That Federal Reserves is one of the problems we must try to eradicate and revise. Without the support of we the people, I am not sure if Senator Rand Paul and his team could carry this on. We must demand. The representative government works only when the elected representatives truly represent the people and not for their own greed of power and control.

Radiance3

===============
It seems to me I am at odds with the above author's conclusion what the 2010 Dodd Frank Act was all about.

Trying to summarize their purposes, these are some of the vital objectives the Title 7 of Dodds Frank Act wanted to accomplish.
1. Markets should be t***sparent.
2. Regulation should be consistent, without gaps that can be exploited by those who wish to indulge in risky, destabilizing or illegal behavior.
3. Market participants, not taxpayers, should bear the risks of their market activities.
4. And regulators should have the willingness and the tools they need to apply these principles to the day-to-day workings of the financial markets.
The Dodd-Frank Act t***slated these principles into law that is the foundation for effective regulation.

Detailed at this SEC presentation of What the Dodd-Franks was all about. Presented at the Harward Law Forum.

https://corpgov.law.harvard.edu/2012/11/16/dodd-frank-principles-and-provisions/#:~:text=Simple%20principles%20like.%20.%20.%20.,risks%20of%20their%20market%20activities.
Consumer protection, Dodd-Frank Act, Financial reform, SEC, Securities regulation. Mary Schapiro.

Editor’s Note: Mary Schapiro is Chairman of the U.S. Securities and Exchange Commission. This post is based on Chairman Schapiro’s remarks at the George Washington University Center for Law, Economics and Finance Regulatory Reform Symposium, available here. The views expressed in this post are those of Chairman Schapiro and do not necessarily reflect those of the Securities and Exchange Commission, the other Commissioners, or the Staff.

It was also stated that one of the causes of the 2007-08, financial crisis was the Sub-Prime Lending that I had mentioned at the beginning of this topic.

Quote: From the Experts.
Take home mortgages. Persuading potential homebuyers to assume a mortgage they have no ability to repay sounds like a classic consumer protection problem. But when millions of bad mortgages were written, bundled and chopped into securities, the financial system shuddered.

It’s impossible, of course, to pinpoint the exact moment the financial crisis began. But clearly, a major turning point was when Bear Stearns collapsed in March 2008, d**gged down by the billions of dollars in toxic mortgage-backed securities two of its affiliated hedge funds had acquired.

But the problems with the mortgages underlying these securities began long before they found their way into the portfolios of the High-Grade Structured Credit Fund and the High-Grade Structured Credit Enhanced Leveraged Fund. Again, a fundamental principle of financial regulation was being circumvented: institutions which profited from the origination and bundling of subprime mortgages had found a way to do so with little or no risk to themselves.

During the housing bubble, companies found that they could write mortgages and then sell them off — pocketing the origination fee and passing the risk down the securitization chain.

Since originators bore no risk, they had every incentive to let underwriting standards slide. In the era of “Interest Only,” “OptionARM” and “liar loans,” mortgage originator.

Please, I'll continue this later, due to my appointment waiting now. Please have a good day!

CounterRevolutionary

So fr, we are 180 degrees around from each other.

You write: "I still could see it through the prism, the greed of human being though. That it is genetically inherent in human beings why the exploits still exist."

Why do you h**e the rich? The vast majority of wealthy Americans made their fortunes HONESTLY. We need them!

Elon Musk made his fortune by working 100 hours/week. Trump gets 4 hours of sleep a night and goes back to work each morning. Bill Gates built his WINDOWS program in his garage. Meg Whitman created EBAY on her kitchen table. They pay their employees great wages with good benefits. They all have made great contributions to advancing our society in wealth and knowledge, and facilitate the GROWTH of new businesses.

I am having a very hard time reading this endless cycle of envy interwoven into your posts. It troubles me to no end. NOBODY will go to work if you don't have MERIT PAY.

Do not forget, Woodrow Wilson also created the PROGRESSIVE INCOME TAX which destroys rising competition against monopolies. The more you make, the more the Government takes. The Government is not Robinhood, it is Hitler.

The Government is like Garfield the Cat, growing fatter in its weight and girth and produces nothing but Red Tape and hairballs!