January 23, 2010
– Comments (7)
It's almost 2 hours long, but it's well worth your time:
Or: America: Freedom to Fascism
In the interest of full disclosure, as I was doing a little reading after posting this blog there are apparently some inaccuracies regarding some of the quotations in the movie.
So while I thought it was a great documentary, I thought I should also point out some of the inaccuracies that others have discovered after viewing the documentary:
Inaccuracies in Amerca: Freedom to Fascism
I like that movie, but as the link in your comment points out, there is no legal or judicial hope for America or her freedom. That ship has sailed, and we sped it on its way. There are only two ways for a tyrannical empire to become a free land again: revolution or collapse. If you think either is going to be as safe and peaceful as a jury trial, you are in for a shock.
A pretty one-sided view, but still worthwhile. The tax section was very long, so slide the bar ahead if it gets boring. The possible RFID misuse was good. Electronic voting machine fraud section is worthwhile. Prechter being a consultant was interesting, but fits with his socionomics studies.
Just from an efficiency appraoch, I would like to see the personal income tax replaced by a point of purchase tax - either a corporate tax increase that would be passed to consumers or sales tax. Consumers would still pay as much, but the collection system would
1. be anonymous
2. automatically collect from tax cheats and the underground economy with no added effort or expense
3. eliminate the wasteful tax prep, documentation, and personal audit expense
4. Bypass the constitutional question by moving the tax from personal wages to commerce
5. Totally eliminate tax enforcement, adjudication, and punishment for individuals - and eliminate the public tax burden of these events
6. Render moot the tax consequences of investment and dividend decisions. In turn, capital would be more efficiently allocated once decisions are not made with an income tax consequence component.
7. Eliminate an hour of spousal friction each year because my cost basis calculations are always the last piece of information needed before we can do taxes.
The only reason to keep the personal income tax is the control and tracking function. The powers that be must prefer that or the personal income tax would have already been eliminated.
And the Greenspan quote - before he became chairman of the Fed,
"In the absence of the gold standard there is no way to protect savings from confiscation through inflation"
You're kidding, right? That guy said that? Once you're in the inner circle, they must really mess with your head.
The proof is in the pudding. Was Russo right? Time will definitively tell.
"They got to fulfill the book"- Bob Marley
Most of this has already been "covered" in another movie Zeitgeist. You'll find the Fed part at 1:14. Enjoy.
Like investing, you still must do your own due diligence. Keep in mind that the movie producers have their own agenda and take care not to simply accept their narrative prima facie. Like most conspiracy movies, some of it is actual fact, most of it is conjecture, and much of it is bologna. For example, they like to put words in Thomas Jefferson's mouth.
Enjoy them with some coke, popcorn, and a grain of salt.
Your timing was nearly perfect, as I was reading that exact quote to a buddy of mine who loved it. Until now, I was sure it was actually Thomas Jefferson.
Excellent reply. Thanks!