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???
Fab/MONEY – GARGOYLE