The Morpheus Proposal
"As Beardsley Ruml pointed out in the 1930s, with the ability to issue currency, the government has no need to tax. It can print as much money as it would ever need. Therefore, in his view, the function of taxes such as the income tax and the inheritance tax, is not to fund the government or provide for constitutionally mandated functions. Instead, the function of these taxes, he wrote in his article for Foreign Affairs magazine, is the redistribution of wealth. From whom? From those capable of producing wealth"
...
"A similar scheme is the Social Security system. It loots from the productive to provide, not only for those unable to work, but also for those who have "retired" without regard to whether they are poor. The Social Security system has no "trust fund." Funds paid in currently are paid out immediately. There is no investment of the funds. The entire system is a Ponzi scheme. As long as new investors are compelled to pay into the system, and as long as more of them, or more productive ones, can be found, the system can remain afloat. However, it is not moral."
...
"In contrast to this useful order, this modicum of order, we have the surplus order imposed by the state. The term "surplus order" appears in the book Powershift by Alvin and Heidi Toffler. It is an excellent book which you should buy and read. Surplus order does not benefit the individual. It exists only for the benefit of those who control the state. Surplus order consists of terrorizing all individuals everywhere so they obey whatever dictates the rulers attempt to impose. It includes kicking in doors at 4 a.m., revoking passports, refusing travelers the opportunity to fly, tearing children away from their screaming parents, and burning seven dozen Texans to death in their church, to name but a few of its more dire consequences."
full story Jim Davidson: The Morpheus Proposal
[This is a long read, but excellent. --MJ]
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