Rand to Introduce ‘Audit the Fed’ as Amendment to Senate Banking Bill

[osan]

You support higher taxes?

I don't think that is what he is saying at all. Unless I'm reading Kahless wholly wrong, his message is to make a tactical retreat in order to bag the greater strategic goal of securing an audit of the Fed. I am tempted to agree with this because the Fed is the deeper cancer. Expose that sham for what it is and at least some thin potential arises for getting many other balls rolling. Devastating balls, and I'm not talking about my own set, monumental as they may otherwise be in the eyes of my women.

The Fed is a linchpin, if not in fact the linchpin to this whole mess in which America is now embroiled. The issue of taxation, IMO, falls to that of the Fed at this time in American political events. Drive a stake through that heart first, then address the taxation issue. Reason? Because there is no Constitutional specification for the Fed, for one thing. Also, and to reiterate, the Fed is the deeper cancer and in some ways the more immediate threat to us all economically, physically and otherwise. Tackling taxation is tougher because of the 1.8.1 specified power to do so. Therefore, first things first.

For me, the goal is to gut the tyrant rather than merely cut his face, that to which the import taxation issue amounts. Killing the Fed is a far deeper blow to the American scheme of political things than fighting a tax issue that, if the economics of it are indeed properly understood, will go the way of the dodo in a few years anyhow because we will all feel the pinch in the event of a trade war. Not even the elite want this.

So yes, I must agree with begging off on the tax issue for now. This does not mean it is abandoned forever and it does not represent a betrayal to his constituents, particularly if he gets smart about the use of "social medial" and outlines the strategy with those people so they understand that he is not stabbing them in their backs. In this, Trump has been pretty slick, even considering his sometimes and seemingly idiotic twitter messages. That man needs to learn to edit himself and perhaps Rand needs to learn to keep his people informed in language they will grok.

 

[Matt Collins]

I support lower taxes, which is why I support the tariffs Trump instituted.

You fail to understand that tariffs = taxation.

 

[dannno]

You fail to understand that tariffs = taxation.

No, you fail to understand tariffs and Donald Trump because you are nowhere near as skilled at business and negotiating and you are unable to recognize his prowess.

We have virtually no tariffs and other countries have very high tariffs. They have high tariffs because we have no leverage or footing at the negotiating table because they think we will never have any tariffs.

This shows the world that we are ready and willing to fight the tariff battle, but will result is that other countries will bring their tariffs down so that we don't raise ours.

In the end, we will have more free markets globally and lower taxation globally. We will be able to export our goods at a lower cost. You are only looking at one side of the equation.

 

[Matt Collins]

We have virtually no tariffs and other countries have very high tariffs. They have high tariffs because we have no leverage or footing at the negotiating table because they think we will never have any tariffs.

#fail


Economic equality or parity is not the government's job.

And you NEVER win by raising taxes.

Try again.

 

[Zippyjuan]

No, you fail to understand tariffs and Donald Trump because you are nowhere near as skilled at business and negotiating and you are unable to recognize his prowess.

We have virtually no tariffs and other countries have very high tariffs. They have high tariffs because we have no leverage or footing at the negotiating table because they think we will never have any tariffs.

This shows the world that we are ready and willing to fight the tariff battle, but will result is that other countries will bring their tariffs down so that we don't raise ours.

In the end, we will have more free markets globally and lower taxation globally. We will be able to export our goods at a lower cost. You are only looking at one side of the equation.

Tariffs are hidden taxes. They are hidden in the prices we pay for goods. They make things more expensive and subsidize certain businesses while adding costs on to other businesses and consumers. They distort markets. If other countries respond by adding their own tariffs (and they are saying they will if Trump does go through with his plan), then our exports get hurt- not helped.

 

[nikcers]

Tariffs are hidden taxes. They are hidden in the prices we pay for goods. They make things more expensive and subsidize certain businesses while adding costs on to other businesses and consumers. They distort markets. If other countries respond by adding their own tariffs (and they are saying they will if Trump does go through with his plan), then our exports get hurt- not helped.

They aren't really hidden, the government has no authority to take money from a foreign entity so it takes money from the consumer. When the government takes money its a tax.