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POVERTY IN THE USA.

35 million threatened by the fear of not knowing when they will eat next. 12 million are children.  POVERTY - USA - CHILDREN

A government that keeps spending in a war that makes no sense while people at home are threatened by new kinds of domestic wars, in form of hunger, unemployment, lack of healthcare, etc. has no credibility, no moral standing, no legitimacy to keep going.

But we won’t overthrow the government with violence but with accountability. The energy is there, now it has to be channeled in one new idea.

Can you lead?

YOUR TAXATION IS EQUAL TO EXTORTION.

For one moment sit back and think about Taxation, and how it works, you go to work every day and when you get paid either weekly, Bi-weekly or Monthly you have certain taxes deducted from your pay.  MONEY - GARGOYLE

Now Back in the day and even still now certain mobsters would come to your business and say If you want to run a business here then you have to pay a percentage to work in their neighborhoods. usually at 10-20 % weekly.

Now lets look at how the IRS works, you go and get a job, in order for you to work for that company you have to pay a tax to the IRS just to be able to legally work, and based on your location and amount you make you may pay anywhere from 21% to 37% in taxes, unless you are a 1099 worker under contract then you have to pay your taxes at the end of the year.

Can you say Extortion? yes I called it just that….. it is plain and simple extortion.

The only difference is the IRS uses the color of law to extort Americans out of their money.

The Mob will threaten Bodily harm if you do not pay the extortion money. They may in some cases Break a leg, take your place of business and everything you own, and or just make you disappear.

Well the IRS in the same fashion will take your Property, seize all of your assets, seize your accounts and all of your belongings and make you disappear in a prison.

So lets define Extortion:

Unlawful exaction of money or property through intimidation or undue exercise of authority. It may include threats of physical harm, criminal prosecution, or public exposure. Some forms of threat, especially those made in writing, are occasionally singled out for separate statutory treatment as blackmail.

the act or practice of extorting especially money or other property; especially : the offense committed by an official engaging in such practice.

Illegal use of one’s official position or powers to obtain property, funds, or patronage.

An excessive or exorbitant charge.

You get the point.

Here’s how you can break this down. The World Bank AKA the Godfather the BOSS.

Lets start with the World Bank, The God Father so to speak the Function of the World Bank is an international financial institution that provides loans to developing countries for capital programs.

All its decisions must be guided by a commitment to the promotion of foreign investment and international trade and to the facilitation of capital investment.

The World Bank comprises two institutions: the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).

The Function of The IMF ( International Monetary Fund) The Under Boss so to speak.

IMF performs the following functions.

(i) Providing short terms credit to member countries for meeting temporary difficulties due to adverse balance of payments.

(ii) Reconciling conflicting claims of member countries.

(iii) Providing a reservoir of currencies of member-countries and enabling members to bor­row on another’s currency.

(iv) Promoting orderly adjustment of exchange rates.

(v) Advising member countries on economic, monetary and technical matters.

Now lets look at the Federal Reserve. The Capo so to speak:

1) Conducting the nation’s monetary policy by influencing the monetary and credit conditions in the economy in pursuit of maximum employment, stable prices, and moderate long-term interest rates

2) Supervising and regulating banking 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 financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation’s payments system.

Now lets look at the IRS AKA The Enforcers/Soldiers

The IRS are the enforcers to make sure you pay up or pay taxes.

The Internal Revenue Service (IRS) is the revenue service of the United States federal government. The agency is a bureau of the Department of the Treasury, and is under the immediate direction of the Commissioner of Internal Revenue. The IRS is responsible for collecting taxes and the interpretation and enforcement of the Internal Revenue Code.

Are you liking your Gangster Bankster Government.

Get the Point!

Aren’t you tired of Being Pimped???

Source: http://www.todaysglobalnewsnetwork.com/

 

 

 

 

 

 

 

 

Fab/MONEY – GARGOYLE

Britain Faces Future Divided By Rich And Poor, Poverty Commission Warns.

Social Mobility and Child Poverty Commission report predicts number of households in absolute poverty will rise by one third this decade. POVERTY - SHOW A LITTLE KINDNESS

Britain is on the brink of becoming a nation permanently divided between rich and poor, according to the Social Mobility and Child Poverty Commission in its second annual state of the nation report.

The 335-page document is likely to be a reference point against which the government’s anti-poverty record will be judged, and to feature strongly in opposition party manifestos for the 2015 general election.

The report says all three main Westminster political parties are lamentably failing to be frank with the electorate about the fact there is no chance of meeting the government’s statutory child poverty target by 2020.

It also predicts that 2010-2020 will be the first decade since records began that saw a rise in absolute poverty – defined as a household in which income is below 60% of median earnings. A rise from 2.6 million households in absolute poverty to 3.5 million is now expected.

The chair of the commission, the former Labour cabinet minister Alan Milburn, said: “Muddling through will not do when the mismatch between needs and anti-poverty government policies are widening.”

Asked whether the government had responded to his first report, he said: “It is like water from the stone. Our plea is not just to the current parties of government … They are great at talking the talk, the issue is whether they can walk the walk. The policies lack the scale to move the dial.”

Milburn attacked the government for failing to agree a child poverty strategy due to a coalition row. “You cannot have a situation where government ministers first discredit a target and then fail to agree a new target and then go back to a discredited old target,” he said. “That is beyond a Whitehall farce.”

The government's social mobility tsar Alan Milburn says young people are the losers in the economic
The government’s social mobility tsar Alan Milburn. Photograph: PA

The report warns that “2020 could mark a watershed between an era in which for decades there have been rising living standards shared by all and a future era where rising living standards bypass the poorest in society.”

It suggests that the link between effort and reward, on which social mobility relies, has been broken by changes in the housing market – with home ownership rates halving among young people in 20 years – and the labour market – with 5 million workers trapped in low pay.

When combined with cuts in welfare and public spending, these changes put Britain on track to become a permanently divided nation.

The report calls on the next government to supplement the existing targets with new measures to give a more rounded picture of poverty and to amend the legislation to set out a new timescale for achieving them.

The commission made six major recommendations:

• The UK should commit to implementing a living wage by 2025 at the latest.

• The Office of Budget Responsibility should publish an assessment of each Budget for its impact on social mobility and child poverty.

• Half of all workplaces with more than 10 staff should offer quality apprenticeships.

• New forms of housing tenure through expanded shared ownership schemes and reform of the private rented sector.

• The best teachers should be paid more to teach in the worst schools to help end illiteracy and innumeracy in primary schools by 2025 and halve the attainment gap in secondary school by 2025. It suggests teachers should get a 25% pay rise to work in the most challenging schools.

• Unpaid internships to be made illegal and 5,000 more pupils from a free school meals background to be going to university by 2020. It proposes that the extra 100,000 university places by 2020 give universities a unique chance to find the extra 5,000 places, with the Russell group admitting 3,000 more places for state schools, using textual admission processes.

Milburn said internships had become a new rung on the professional ladder and were being abused by the middle classes and people from private educational backgrounds.

The report highlights that child poverty, set against the 2010 Child Poverty Act, was at a historic low in 2012-13.

But it adds: “The bad news is that real wages are still falling while jobs are becoming less secure. Housing costs are straining the link between effort and reward that should be at the heart of a fair and socially mobile country and different parts of society are having different experiences of the recovery with big variations by income age family type and region.”

It also finds “a higher proportion of jobs are insecure and low paid and 5 million people earn less than the living wage”.

Milburn also challenged Labour’s promise to commit to a minimum wage of £8 an hour by 2020, saying the number was less ambitious than what has been achieved in the current parliament. Labour said its policy was to raise the minimum wage to 58% of average earnings – higher than the current average.

The report also warns that money will not be available in the next parliament to drive an anti-poverty fight. Milburn said: “The impact of welfare cuts and entrenched low pay and welfare cuts will bite between now and 2020. The pace of fiscal consolidation has been slower than anticipated, meaning over 40% has been deferred to the next parliament.

“Each of the main parties are committed to eye-wateringly tight spending cuts. None of them have made much effort to reconcile the social ends they say they want with the fiscal means to which they are committed.

“In particular plans, to cut in-work support in real terms in the next parliament can only make the working poor worse off, not better off.”

The report adds: ”The current proposal for tax-free childcare is complicated, with resources focused on those with the highest incomes – the wrong priority at a time austerity.

“In education the attainment gap remains unacceptably wide and static – almost two-thirds of children fail to achieve the basics of five GCSEs including English and maths. Poor children are less likely to be taught by good teachers.”

http://www.theguardian.com/society/2014/oct/20/britain-future-divided-rich-poor-poverty-commission-report