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Give Me $12,667: However, I Won't Tell You How I Spend It - The Fed

Updated on June 23, 2009

What would you do if someone came over and deprived you of your worldly possessions at gunpoint, leaving you and your family to starve in the street? Would you shrug your shoulders and say that there is nothing you can do? Or would you fight back?

Well... something essentially similar is happening right now to every American citizen.

If this isn't enough to have you steaming and prepare yourself to take whatever action you can to stop this, then you have to just resign yourself to being a meek lamb for the rest of your short life, until you're led to the slaughter:


"The Fed refused yesterday to disclose the names of the borrowers and the loans, alleging that it would cast "a stigma" on recipients of more than $1.9 trillion of emergency credit from U.S. taxpayers and the assets the central bank is accepting as collateral."

This absolutely has to be stopped. You have to drop what you're doing, whether you're reading this at work, at Starbucks, or at home. You have to take action here and now.

$1.9 trillion equals $12,667 for every taxpayer in the United States of America. What the Fed is saying is that they are going to have you pay $12,667 in tax and they will give it to "somebody" who will do "something" with it, and you are not only privy to who it's going to, but what they're going to do with it either!

$12,667 is more than the yearly grocery budget for a large family. These people are literally taking the food out of your children's mouths to give it to unknown parties who will do unknown things with it, with absolutely no guarantee or even a mention as to whether it will benefit you, it will come back to you in any perceivable manner, or if it's just going to buy Bernie Madoff more Park Avenue apartments!

Never in modern history has there been such an enormous, crippling, and completely unaccounted for grab of enormous amounts of cash from the pocket of every United States citizen.

This must end! It cannot be allowed to continue. You have to realize that these people are going to take your very lifeblood away. They are stealing your grocery money, your utility money, your mortgage money, your savings money to the tune of almost $13,000 per person! This is nothing more than sheer unadulterated theft! And it's worse than armed robbery, as if you refuse to give a robber the money at least you have a chance of dodging his bullet: If you refuse to pay this money to the IRS, you will with 100% certainty go to jail!

Although I am Canadian, I have lived in the United States for many years, and have profound ties of affection and loyalty to what is still the greatest country in the world. However, I am now placed in a position where I am forced to advocate the "T word". The one that rhymes with "reason". And that's because the United States government has lost all semblance of reason.

If you want to have a future, and if you don't want to live out the rest of your life in abject poverty through no fault of your own, you must stop this. And the only way you can do that is to band together with your fellow American citizens and tell your representatives in a very clear, loud voice: "DON'T YOU DARE!"

There comes a time in the history of every nation where the public has to override their elected representatives using any non violent means at their disposal... and this is definitely the time.

This cannot be allowed to continue.

This cannot be allowed to continue.

This cannot be allowed to continue.


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    • Hal Licino profile imageAUTHOR

      Hal Licino 

      9 years ago from Toronto

      That's exactly the kind of change I'm attempting to foment here. 11 million people a month read Hubpages, more than half of them in the United States. If I can inspire one single solitary American citizen to take up the fight against the most voraciously rapacious government since George III, then I will rest knowing that my efforts were worthwhile.

    • LibertyUnchained profile image


      9 years ago from Earth.

      The IRS cannot slap you into jail if you get amnesia and forget who you are.

      Are you Mr. Anderson?

      The majority of amercians are afraid of their own shadows...or at least anyone who calls themselves a government agent. Hopefully more of us get over our fear as we find it harder and harder to put food on the floor (yes, they already took the table).

      You speak the truth, but change has to start at the roots. It certainly won't come from those at the top who live in palaces on the backs of our labor.

    • Hal Licino profile imageAUTHOR

      Hal Licino 

      9 years ago from Toronto

      eovery: Thanks! Keep in mind that many incumbents were just voted out of office and the mess just got worse. There may be no option but to eliminate the very concept of politicians from our next society paradigm. After all, it couldn't possibly create a human society that would be any more screwed up than this one.

      TKIMWRSVC: America is still the number one greatest nation on Earth. What prosperity and stability exists on this planet is mostly due to America's entry into WWII and the defeat of the Axis. The problem is that we lost our way. We have to rebuild America based on the tenets of individual freedom, mutual assistance, environmental respect, and sustainable society. Pretty well everything else, including mindless materialism, rampant stupidity, profilgate spending, and pernicious egotism has to be left behind.

      AEvans: The problem is that the IRS will slap you into jail at the first hint that you're withholding tax. That option is so fearful to the majority of citizens that a groundswell tax revolt is doomed to failure from the start. However, there are OTHER ways to stop this madness. After all, America was founded on the tenet of NO TAXATION WITHOUT REPRESENTATION. It's now time for all citizens to stand up in order to change it to NO TAXATION WITHOUT ACCOUNTABILITY!

      Netters: Yes, it's going to get worse. And the chances of it eventually plateauing out, even in 2010 are extremely small and getting more insignificant by the day. Stick a fork in this economy. It's cooked. :(

    • Netters profile image


      9 years ago from Land of Enchantment - NM

      I know it's going to get worse. I am so frustrated with this government.

    • AEvans profile image


      9 years ago from SomeWhere Out There

      I think if everyone stopped paying there taxes and saved their money then they may do something. Could you imagine millions of people who owe taxes taking a stand on what is right? Keep it in your pocket,that is what I say as tax season is here and we have to fork out money which we could use on other things, and they won't disclose the recipients!!! That is ridiculous!!!

    • TKIMWRSVC profile image


      9 years ago from United States

      I personally am about giving up on this place you know

    • eovery profile image


      9 years ago from MIddle of the Boondocks of Iowa

      NIce hub.

      Our national leaders are being very, very irresponsible with all of this spending. It is almost like they have a different agenda. They can't be this stupid.

      2010 and 1012 the people need to speak out, and we need to vote every incumbent out of office.

      Keep on Hubbing!

    • Hal Licino profile imageAUTHOR

      Hal Licino 

      9 years ago from Toronto

      The problem with these microcurrencies is that they lack the main key factor that a national currency has to possess, and that is universality. A dollar has to be exchangeable anywhere for any item for the exact same value everywhere. There has never been a valid and successful alternative to a currency issued and backed by a federal government, unfortunately.

      The main problem is not specifically the dollar. The problem is that the spending that is being undertaken is completely out of any logical corresponding ratio to the GDP of the nation. They can call them dollars or euros or yen, but when any country goes on a spending spree by impoverishing the entire next generation of citizens, that is a CRIMINAL act.

    • Amanda Severn profile image

      Amanda Severn 

      9 years ago from UK

      There are a number of alternative currencies such as Berkshares, Ithaca Hours, Husky Bucks etc., up and running within various communities in the USA. Many of these operate independantly of the dollar. Presumably the present situation allows these schemes to shine?

    • Hal Licino profile imageAUTHOR

      Hal Licino 

      9 years ago from Toronto

      As you mention, the inflation of the power of the dollar is happening right now at an unprecedented rate. Although the official inflation figures are very low right now since the numbers reflect the situation pre-massive spending, the total dilution of the value of the US dollar in the next three to five quarters will be staggering. CASH IS NO LONGER KING! Look out! :(

    • artfuldodger profile image


      9 years ago from Earth

      But don't you see, Hal? When it's a government run by a shadowy banking cartel and a select elite of politicos thats robbing you at gunpoint, it's not theft. It's democracy!

      In all seriousness nice hub. Personally I don't see why they bother collecting taxes at all. If the revenue was absolutely 0 dollars, the Federal Reserve would just print more money anyway. Even having an IRS is a waste of time and resources. They're going to inflate away the power of the dollar slowly but surely anyway, so who cares?


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