In an era where fiscal responsibility seems like a relic of the past, the staggering increase in the U.S. national debt—by over $359 billion and $159 billion in federal spending in just two months—demands attention. However, this alarming reality often goes unnoticed by the general public, buried under the weight of daily distractions and political noise. The scale of this debt, now surpassing $35 trillion, is not just a number; it represents a growing burden on the American people, a symptom of a government that is out of control, spending money as if it were water. The truth is stark: our current economic system, led by the Federal Reserve's fiat money system, has only benefited the power elite for over a century, leaving everyday Americans to bear the consequences. The time has come for the American people to wake up to the reality of how we have been systematically robbed and enslaved by a corrupt financial system that has thrived at our expense for our entire adult lives.
One of the most egregious scams perpetrated on the American people is the income tax system. Originally introduced as a temporary measure during times of war, the income tax has become a permanent fixture, draining hard-earned money from the pockets of Americans every year. The narrative that income tax is a necessary contribution to the nation's welfare has been sold to the public for decades. However, the reality is that a significant portion of these taxes is funneled into servicing the national debt and funding government programs that often do not serve the public interest. The wealthy and powerful have mastered the art of tax avoidance, using loopholes and offshore accounts to shield their wealth, while the average American bears the brunt of the tax burden. This system, far from being equitable, ensures that the rich get richer while the middle class and poor are left struggling to make ends meet.
The Social Security system is another example of how the American people have been misled. Promoted as a safety net for retirees, Social Security has been touted as one of the great achievements of the 20th century. However, the system is fundamentally flawed and unsustainable. The money that workers pay into Social Security is not saved or invested for their future; instead, it is used to pay current beneficiaries, creating a Ponzi scheme that relies on an ever-growing workforce to support an aging population. As the number of retirees increases and the workforce shrinks, the system faces an inevitable crisis. Yet, rather than addressing these issues, the government continues to perpetuate the myth that Social Security will be there for future generations, all while borrowing against these funds to finance other spending initiatives.
The banking system in America is another area where the American people have been exploited for generations. Most people are unaware that when they deposit money into a bank, that money is no longer theirs in a real sense. Banks are legally allowed to use these deposits to make loans, earning interest on money that doesn't technically belong to them, while offering depositors a pittance in return. This system, known as fractional reserve banking, benefits the banks immensely while exposing depositors to risk. In times of financial crisis, banks may not have enough reserves to cover all withdrawals, leading to potential bank runs and loss of savings. Meanwhile, the profits generated from these loans are funneled back to the banks' shareholders, further enriching the financial elite at the expense of ordinary Americans.
Another less-known but equally insidious scam involves the birth certificate system. When a child is born in the United States, a birth certificate is issued—a seemingly innocuous document. However, behind the scenes, this certificate is used to create a legal entity or corporation in the name of the individual, represented in all capital letters. This corporation is then used as a form of collateral or bond, traded on the market. This practice effectively commodifies citizens from birth, placing them within a system where their value is tied to a financial instrument that they neither control nor benefit from. The power elite, however, reap substantial benefits from this system, as it allows them to generate wealth through the manipulation of these financial instruments, further entrenching their control over the economy and, by extension, over the lives of ordinary people.
Finally, the inflation scam is perhaps the most pervasive and damaging of all. Inflation, often referred to as the silent tax, erodes the purchasing power of the dollar, forcing Americans to spend more for the same goods and services. While the Federal Reserve and government officials often argue that moderate inflation is necessary for economic growth, the truth is that inflation only benefits the wealthy and the government. As the value of the dollar decreases, the real value of debt owed by the government also decreases, making it easier for the government to pay off its obligations. Meanwhile, the average citizen finds that their savings are worth less, their wages do not keep pace with rising prices, and the cost of living increases. This systemic erosion of wealth disproportionately affects the middle and lower classes, widening the gap between the rich and the poor and ensuring that the elite maintain their dominance over the economy.
In conclusion, the American people have been subjected to a series of scams that have systematically siphoned off their wealth and financial freedom. From the income tax system that disproportionately burdens the working class, to the unsustainable Social Security system, to the exploitation of depositors by the banking industry, to the commodification of citizens through the birth certificate system, and the pervasive effects of inflation, these mechanisms have all worked to the advantage of the elite at the expense of ordinary Americans. It is time for the public to recognize these realities and demand change, for only through awareness and action can we reclaim our economic freedom and secure a future where the interests of the many are prioritized over the profits of the few.
Trevor Winchell
8-10-2024