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Congress Really Does Think You Are Stupid

Of course, if you are a product of the “educational” system in the United States over the last 30 years or so, since the Department of Education and the Democrats took over the “educational” system, you probably are stupid. After all, it is not in the interest of the Democrats and their failed socialist and perverted social engineering policies to have an educated populace. If the populace was educated, it would see through the smoke and mirrors and realize what was really going on.

But, today I saw this article “Boiling Frog Alert: Congress Wants Automatic Wage Deductions To Pay Down The Debt“. Although it really sounded like a spoof from The Onion, it really is a bill that really was introduced to the Congress of the United States on July 6, 2011. (HR 2411)

According to the article,  HR 2411, “Reduce America’s Debt Now Act of 2011” was introduced on July 6.

HR 2411 states that every worker in America should be able to voluntarily have a portion of his/her wages automatically withheld and sent directly to the Treasury Department for the purposes of paying down the federal debt.

Every employer making payment of wages shall deduct and withhold upon such wages any amounts so elected, and shall pay such amounts over to the Secretary of the Treasury…

So, if this ridiculous piece of legislation is passed, there will have to be a whole new set of IRS regulations to make sure that employers are forced to waste more time and effort on paperwork for a stupid and hopeless cause. Lets face it, the United States is a bankrupt banana republic; the only reason we are not seeing the events in Portugal, Greece, Ireland, Great Britain and Spain repeated here (so far) is that the dollar is the world’s reserve currency. Also, unlike the individual “nations” in the European Union, the United States can print all of the money that it wants to print so as to avoid default.  The dollar will probably not be the world’s reserve currency much longer, however, especially after our debt is downgraded. The United States is bankrupt. It is in debt to the tune of $60 to $100+ trillion dollars, depending on who you talk to. With a GDP that is only about $15 trillion and growing very slowly, and that will almost certainly  fall in the near future because of Obama’s wrong-headed Keynesian economic policies (which have been proven losers over history), and with interest and current obligations rapidly approaching the total GDP, the idea that we can some how pay off the debt is ludicrous.  But, the article gets even better, in that it states that any contribution that an especially stupid person chooses to make is not tax deductible!

HR 2411 stipulates that any contribution made to the Treasury in order to pay down the federal debt IS NOT TAX DEDUCTIBLE.

“The [Treasury] Secretary shall include. . . a reasonably conspicuous statement that any amounts deducted and withheld from wages. . .  are not deductible as charitable contributions for Federal income tax purposes.”

Imagine this scenario: You make $100,000/year. In a fit of complete insanity, you decide that you want to withhold your entire annual salary to pay down the debt. Hey, you can always move in with mom for the next year, right?

Towards the end of the article, the author brings up a very appropriate quotation from Atlas Shrugged (that I think should be required reading for all Americans, and especially those in Congress.)

[W]hen you see that in order to produce, you need to obtain permission from men who produce nothing; when you see that money is flowing to those who deal not in goods, but in favors; when you see that men get rich more easily by graft than by work, and your laws no longer protect you against them, but protect them against you. . . you may know that your society is doomed.

 

 

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