You can fool nearly all the people…

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VAT

CNN, Paul Ryan, Cato, NY Times, Paul Krugman, Heritage – one establishment voice against tariffs

Rich or poor, religious or not, every leader of every Southern state in 1860 opposed tariffs and embraced slavery. In the North, where there was no slavery, everyone favored tariffs to protect both American industry and wage earners from unfair foreign competition. Today, Paul Ryan, Cato Institute or Heritage Foundation invariably promote cutting Social Security, Medicare, Minimum Wage, in fact they despise anything that helps the middle class. On the […]

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Greece bailouts are just to keep banks fat and happy, while families suffer from ten consecutive cuts to their livelihoods

Billions for banks. Hardly a farthing for the families of Greece. The country continues to face impending feudalism to pacify a financial monarchy ruling Europe. Since 2010, Greece has received nearly $277 billion in bailout funds. Almost all of the money has gone to pay the country’s debts, cover credit default swaps, pay jacked up interest rates and bolster the local and international banks’ capital, rather than to provide any […]

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China has destroyed our factories and jobs because of its unfair import VAT policy, not just currency manipulation

Almost 80% of the Senate (78-20) just voted for a measure that would cite foreign nations for manipulating the value of their currency, although the enforcement of any penalties was not and will not be addressed. But the real purpose of the vote was to give Democrats license to vote for Fast Track authority without seeming to be enemies of the middle class worker and the small businesses of the […]

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China taxes imports heavily, saving jobs and their economy

One of the dirty secrets that big business and government leaders hide when praising so-called international free trade and globalization, is that it only applies to the stupid American taxpayer. The reason is simple – the Value Added Tax (VAT), which is used in Europe, China, etc. to promote exports and restrict imports, so that jobs and manufacturing stay in their countries. Take this example. An American company sets up […]

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