former commodity trading advisor Walter Burien revealed the massive scope of government finance and investments, all funded by U.S. taxpayers.The idea is that government INVESTS the money they take in and those investments in the stock markets and other funds means that the government EFFECTIVELY has control of the corporations and PROFITS when the corporations make more profits. But these investments are not reported on. All we hear is DEBT, DEBT, DEBT, WE MUST BALANCE THE BUDGET.Secondly, governments borrow from organizations that governments have invested in. Taxpayers pay the interest and the lenders, owned by governments profit (which means the governments profit too).Simplistically that is the story we are SOLD by government BUT they never tell us about all the ASSETS that are hidden away. Those assets are worth TRILLIONS of dollars and governments are busy promoting a billion dollar deficit like it is the end of the world….because they want to raise taxes, implement user fees and cut services so they make even more money.Walter Burien’s idea is that taxation should be phased out, as the truth is the government’s annual investment income is greater than all annual taxation collected.
Become a supporter of this podcast: https://www.spreaker.com/podcast/o-ye-drybones-feb-2019-jan-2025--6507110/support.
