What government pretends to owe…
The Social Security Trust Fund of some $2.8 trillion is often listed in charts – such as the one above – as part of the National Debt. This particular graphic, the latest available, is from the Federal Reserve, an institution that is part of the huge debt and is owed $2.465 trillion by taxpayers.
The difference between the Social Security “debt” and the Fed debt is an amazing accounting sleight of a sharp pencil. Continue reading “Federal Reserve is now big part of National Debt for bailing out banks; Social Security $$ not owed to us?”
The 2018 Trilateral Commission complete membership list is included in today’s blog. Each member’s current and past major affiliations are described.
UPDATE: 2019 Trilateral list now available. View here!
This group meets annually in secret and participants are primarily from media, big business, think tanks, finance, education, lobbying and government. All major countries are represented, except Russia. The organization’s goal is a new world order without nationalist interests and a future dictated by elite technocrats.
Former North American Trilateral chairman
Will US leadership in Asia survive the Trump years?
History provides some perspective. In 1972, President Richard Nixon unilaterally imposed tariffs on America’s allies without warning, violated the framework of the International Monetary Fund, and pursued an unpopular war in Vietnam…The following year, David Rockefeller and Zbigniew Brzezinski created the Trilateral Commission, which meets once a year to discuss such problems.
You can compare this year’s list to 2017, 2016 and 2015. Continue reading “Trilateral Commission 2018 membership list of who really makes American national & foreign policy”
Foreign agricultural workers temporarily admitted into the United States on H-2A visas are exempt from U.S. Social Security and Medicare taxes on compensation paid to them for services performed in connection with the H-2A visa. This is true whether they are resident aliens or nonresident aliens.
In addition, compensation paid to H-2A agricultural workers for services performed in connection with the H-2A visa is not considered to be “wages” for purposes of federal income tax withholding, and thus is not subject to mandatory withholding of U.S. federal income tax…Internal Revenue Service
More than 160,000 new temporary (up to three years extension allowed) workers were issued H-2A Visas last year, with about half of those going to Georgia, North Carolina, Florida, Washington and California. Their employers did not pay the company share (6.2%) for FICA (Social Security) or Medicare tax (1.45%). Their bosses didn’t even withhold income taxes, making net pay almost the same same as gross pay. Continue reading “H-2A workers don’t pay Social Security (FICA) tax, neither do the millionaires who are exploiting them”
During his Saturday campaign rally in Washington, Michigan, the “Hire America” President Donald Trump said that the U.S.A. unemployment numbers were so good that it was now possible to allow many more guest workers into the country to work the fields and take millions of other jobs. The audience gasped and then was silent.
It reminded voters, some who vigorously supported Barack Obama, of how that progressive candidate promised to reform the finance cartel, but then appointed nearly everyone from Wall Street to the Cabinet and highest councils.
And many may have recalled the first George Bush’s lip-reading campaign promise of “no new taxes.”
Or FDR’s pledge in the 1940 election to not send “our boys” into a European War.
I always thought it was a choice of two scenarios: some Presidents change their mind and some lie. But now there is the third possibility – that the President doesn’t have a clue about what he is saying. Mr. Trump, are you listening carefully? Continue reading “Make American workers poor again with H-2Bs; Trump bows to business buddies and hotel honchos”