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Old 05-11-2006, 07:42 AM
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Default Federal reserve riding the backs of the poor again.


All the while the Fed is supporting the largest givaway in Americas history to the super rich, by lowering the taxes owed by the elites, they raise the rates on those who can't get out from under major debt from credit cards.
With the recent rate hike, they again tax those who are least able to have any savings, and the rich escape this by always paying off their credit card balances before interrest can accrue.
It's a tax that the government doesn't need to justify, the Fed just pushes away like a train with no breaks, they want Americans to think that it is not another tax increase on the poor, but it is a tax on the poor no matter how they try to be stealthy.

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Old 05-11-2006, 09:29 AM
redrat11 redrat11 is offline
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Default Re: Federal reserve riding the backs of the poor again.

Quote:
Torchlithill wrote:

It's a tax that the government doesn't need to justify, the Fed just pushes away like a train with no breaks, they want Americans to think that it is not another tax increase on the poor, but it is a tax on the poor no matter how they try to be stealthy.
When you really take a look at your money, you realize over 60% is taken in by TAXES, federal,state,local,city,sales tax,gas tax, ect,ect. it's utter madness! :-o we are slaves!
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