ACORN: Tax Cheats: ACORN CEO Bertha Lewis told Fox News' Chris Wallace on Sunday that her group "absolutely pays its taxes." Not true: The IRS and Louisiana's taxmen have imposed nearly $2 million in liens against ACORN for failing to fork over taxes at its New Orleans national headquarters.
Suppressing Dissent is Un-American: Webster defines dissent as: to differ in opinion... to disagree. This implies that one has an opinion. Dissent can be effectively stifled by keeping people too ignorant to form opinions, frightening them into silence or shutting down the means to express dissent.
Tax, Depression, and Other Current Troubles: The 1930s has become the sole object lesson for today's monetary policy. Over the past 12 months, the Federal Reserve has increased the monetary base (bank reserves plus currency in circulation) by well over 100%. While currency in circulation has grown slightly, there's been an impressive 17-fold increase in bank reserves. The federal-funds target rate now stands at an all-time low range of zero to 25 basis points, with the 91-day Treasury bill yield equally low. All this has been done to avoid a liquidity crisis and a repeat of the mistakes that led to the Great Depression.
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