Interest due.
Ivo Skoric
ivo at reporters.net
Sat Jul 19 03:33:30 CEST 2003
When Roman Emperors needed money for war or "re-election" (not
getting stabbed on the stairs of the Senate, in those days) they
stripped the State's temples from gold. Croatian (and other Eastern
European) presidents sell state-owned industries. And Bush
plunders the poor, weak, feeble, those who can't fight back.
New York State employers just received an 'important notice' about
the interest assessment surcharge. The rate of 0.06% doesn't
seem outrageously high, but it is outrageous that it is there. "The
Commissioner of Labor is required to levy I.A.S. on unemployment
insurance taxable wages at annual rate sufficient to produce
revenues needed to pay interest due on loans from the Federal
Government" - says the letter. Oh?
So, first the Federal Government takes the money from the people
in form of taxes, and gives nothing back in form of social services,
leaving all of that to the States. Then the States are required to
comply with it, but the system is not designed for States to have
enough resources to do so. Eventually, they have to BORROW
money from the Federal Government, and, now the interest is due!
What a sick scheme! So, what does Federal Government do with
all this dough? Wages wars. Occupies foreign countries. Spreads
disaster and mayhem. For the profit of handful of well-connected
individuals that head the corporations always contracted by
Pentagon. So, what's the difference between the U.S. and Russia,
really?
ivo
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