🚨 HOLY. SMOKES. A political nuke just went off in the White House briefing room.
REPORTER: Are you referring former President Obama to the DOJ for criminal implications?
DNI TULSI GABBARD: "Correct."
"The evidence we've found and released directly point to President Obama LEADING the manufacturing of this intelligence assessment [of Trump-Russia]."
This guy summarizes the World Cup in the USA perfectly. They didn’t want to come here (Democrats) and now they don’t want to leave.
Wake up, America! We kinda rock. 🇺🇸🔥
In 1913, Congress sold you the income tax as a tiny levy on the rich. The top rate was 7 percent, and it only kicked in on income above $500,000 (roughly $15 million today). The bottom rate? One percent. They promised it would stay that way. They lied, of course, but the lie was elegant: target the millionaires, calm the working man, then expand the definition of "millionaire" until it includes a plumber in Ohio.
By 1918, five years later, the top rate hit 77 percent. Five years. The "temporary" emergency of the First World War gave the state its excuse, and the state never gives an excuse back. Once you accept that Washington owns a percentage of your labor, the only question left is which percentage, and that question gets answered every April by people who have never met you and never will.
Income tax is a claim on your time. When the government takes 24 percent of what you earn, it takes roughly three months of your working year and assigns that labor to itself. You work January through March for the Treasury. Call that what it is. A man forced to work for another man without pay has a word in the dictionary, and it is not "citizen."
Free market thinkers spotted the trick a century ago. Frank Chodorov wrote a whole book on it, "The Income Tax: Root of All Evil," published in 1954, and his argument has aged better than the dollar has. The tax requires you to confess your entire financial life to the state and prove your innocence on demand. No warrant. No suspicion. Just compliance, backed by liens, wage garnishment, and the polite threat of armed men. The IRS now employs more people than the FBI, ATF, and DEA combined.
You were told 1913 was the beginning of a fairer system. It was the beginning of a permanent one. Nothing the government touches stays small, and nothing it calls temporary ever ends.
@TeamTrump47 All of these posts about how foreigners discover a large gas station stocked with food containing HFCS (that in truth will offend their palate) or find free chips and salsa at restaurants so amazing are propaganda. It’s really sad. It’s USSR level.
Today, on my final day as Director of National Intelligence, I’m releasing never-before-seen communications and documents exposing how Dr. Fauci provided millions in US taxpayer dollars to fund dangerous gain-of-function research at the Wuhan lab, worked with politicized elements within the Intelligence Community to suppress the truth about his actions and hide the virus’ lab-leak origins, and lied to Congress while under oath in 2024. It’s time you know the truth.
https://t.co/3YJSstB7d4
For 800 years, one coin held its weight. The Byzantine solidus, struck by Constantine in 312 AD at 4.5 grams of gold, stayed at that weight until the eleventh century. Eight centuries. No central bank press releases, no "transitory inflation," no economists explaining why your savings evaporating is actually good for you. Just gold, weighed and stamped, kept honest by emperors who grasped something Jerome Powell and Kevin Warsh do not.
Foreign merchants called it the bezant, and it traded from Britain to China as the dollar of the medieval world. A Sri Lankan trader in the sixth century, recorded by Cosmas Indicopleustes, watched a Roman gold coin and a Persian silver coin compared side by side. The Roman coin won. Not by decree. By weight and fineness that nobody dared touch for generation after generation. When your money is good enough that strangers 5,000 miles away accept it without checking, you have built something real.
Then came the eleventh century, and the discipline cracked. Constantine IX and his successors started shaving the gold content, mixing in cheaper metal, telling themselves the empire needed the funds. By the reign of Alexios I in 1092, the coin that had been 24 karats sat near 10. The Byzantines invented currency debasement as imperial policy and discovered, as every debaser since, that you can fool the market briefly, but never permanently. Trade routes shifted. Venetian and Genoese merchants stepped in with their own sound coinage, and the bezant's monopoly on Mediterranean commerce died with its gold content.
Notice the sequence. The coin stayed stable precisely as long as the men in charge resisted the temptation to print prosperity. The moment they decided their spending needs outranked the integrity of the money, the 800-year run ended inside a single century. Byzantium failed gold.
You live under a currency that has lost 96% of its purchasing power since 1913, and your central bankers call this "price stability." The solidus held for eight centuries because nobody had the technology to ruin it from a keyboard. The temptation was always there. The means weren't.
What can we learn from this on the topic of de-dollarization? The USD will fail when it loses its value; it will lose its value when the powers that be create and spend too much of it, thereby debasing the value of the current supply, or as we call it today, inflation.
@LawrenceLepard@JoshMandell6 And Alan Greenspan wrote, “ "Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match." 🤷♂️