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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