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Asset and Wealth Protection

Personal Liberty focuses on conservative Americans who understand the importance of independent thought in the quest to grow and protect their financial assets, and are seeking to achieve financial freedom.

Why Pay Income Tax?

Dear Bob Livingston,

America has been deceived into paying the corrupt income tax since WWII. Why is it that so many American’s will tolerate this tax when there is no law that requires the tax from them? Some say that the 16th amendment in 1913 ended the un-constitutional apportionment rule on incomes of the several states. These people that say that are very much misinformed, because the US Supreme Court ruled on what income is and that it is a excise (indirect) tax from Federal corporate activity. The court also noted in its decision that no new power of taxation resulted in the 16th amendment, in fact, it did not repeal Article 1, section 2 section 9 of the Constitution. Then there is the IRS stating that American’s are liable for payment of federal income tax but the IRS has been unable to identify the provision of subtitle A of 26 U.S.C. where such liability exists for “anyone” being “made liable” for the tax. Subtitle C of 26 U.S.C. verifies the fact that only Federal employees may be subject to the employment tax and the income tax, see section 3401(c) where the “employee” subject to these taxes is a “federal” employee only. 4 U.S.C. 111 states that Federal employees are subject to income taxes. There is no one U.S.C. Title that states the non-federal private sector is subject to federal income tax. Then we have 4 U.S.C.72 which lets us know that, the Federal Government does not have jurisdiction over the 50 states concerning the income tax or any other tax of Title 26.

Why not do something for the American people starting today Bob? Your website could be the avenue to allowing the American people to know the truth. I’m sure you already know that the fiat money in our purses is worthless as compared to the silver certificates we used to have as our money. People are hurting Bob, and all of us that want true liberty from tyranny, must unite together and stop the tax on Americans’ income. If you fail to address my comment, it tells me that you’re not truly interested in liberty and justice for all. I have a friend in Federal prison for federal crimes he never committed in relation to the income tax. The Federal courts are all corrupt and injustice is the norm. Do I have you committed now to report on this issue Bob? Do we the people have someone we can count on to get the word out?

I see that your place on business is in Alabama. I am half Alabamian since my father was born in Delta, Alabama, Clay County, and me and the wife have 75 acres 10 miles South of Cheaha Park, as our place to get-a-way from the masses in Florida.

I do like your website and I encourage you to act on my request.

I have in my possession a letterhead from my congressman where he states that the current tax code does not state individual American’s liability for payment of federal taxes. This statement excludes all taxes of the Code on American citizens.

Of course in the next letter to me, he contradicted himself and said this : “First, let me be clear that citizens of America are liable for paying income tax”. Does this sound familiar coming from our elected officials in D.C.?

I await to hear from you Bob.

Alvis J.

Today The Banksters Are Celebrating 100 Years Of Theft

Today The Banksters Are Celebrating 100 Years Of Theft

Today is the Federal Reserve’s 100th birthday. It’s likely to slip by with little fanfare, though it should be a day that lives in infamy. It’s more destructive than Pearl Harbor. In fact, it made Pearl Harbor — and all wars in the past two centuries — possible.

Fed Stimulus Taper Begins

The Nation’s central bank will begin scaling back its massive bond-buying stimulus, reducing the amount of bonds it purchases to prop up the economy in monthly increments of $10 billion, the Federal Reserve announced Wednesday. The Fed’s long-standing policy of buying $85 billion in bonds each month will begin to taper in January. During that […]

Mises Scholar Explains Possible Outcomes Of The Paper Money Experiment

This article, written by Ludwig von Mises Institute associate scholar and associate professor at Universidad Rey Juan Carlos Philipp Bagus, was originally published by the Institute on Dec. 13. A paper currency system contains the seeds of its own destruction. The temptation for the monopolist money producer to increase the money supply is almost irresistible. […]

Ron Paul Straight Talk: After 100 Years Of Failure, It’s Time To End The Fed!

A week from now, the Federal Reserve System will celebrate the 100th anniversary of its founding. Resulting from secret negotiations between bankers and politicians at Jekyll Island, Ga., the Fed’s creation established a banking cartel and a board of government overseers that has grown ever stronger through the years. One would think this anniversary would […]

The ‘National Debt’ Is Smoke And Mirrors!

The ‘National Debt’ Is Smoke And Mirrors!

What does the national debt really mean? Would you be shocked to know that we have in America the identical monetary system that Adolf Hitler had and that Russia had and has? We also have a propaganda machine that would have made Hitler blush.

Obama Spooks The Swiss

Dear Bob,

As you recommended some years ago, we went ahead and purchased Swiss annuities.

Yesterday, we received a notice from Switzerland that we have to fill out form “TD F 90-22.1″, “Report of Foreign Bank and Financial Accounts”. I was under the impression that since annuities were NOT bank accounts, this didn’t apply to us. And starting next month, the Swiss are redeeming our policies, since it’s been the five years we noted on our applications.

This is very disturbing to me. I don’t like our government’s intrusive behavior as it is, but the Swiss seem scared of Obama. Are we going to be in trouble because we haven’t reported this previously? (I don’t expect a definitive answer from you on that one.) But any advice or recommendations?

Secondly, we have some nightmarish stories about Children’s Services in this country; maybe it’s time to do another piece on them, because they have too much power and appear to be out of control.

Thanks! We always appreciate your newsletters.

Pamela G., R.N., B.A.

The Destroyer Of The Dollar?: Bitcoin Continues To Gain Popularity, Acceptance

The Destroyer Of The Dollar?: Bitcoin Continues To Gain Popularity, Acceptance

Media buzz surrounding Bitcoin has grown in recent months as the digital currency has gained wider acceptance among investors, retailers, economists and even regulators. The ongoing mainstreaming of the online currency has driven up its value greatly. And Bitcoin fans are working to ensure its longevity.

Detroit’s Bankruptcy Affects Us All

Detroit’s Bankruptcy Affects Us All

Detroit municipal workers learned Tuesday that promises made by the city and their union leaders that they would have lifetime pensions and healthcare benefits were hollow promises. It’s an ill omen for pensioners across the country.

Panics And Crashes

I began publishing my monthly newsletter The Bob Livingston Letter™ (subscription required) in 1969. The following is an excerpt from the December 1998 issue in which I warned of the danger of the bubble. Just 18 months later, the bubble burst. By the way, we are reaching this same point once again thanks to QE.

Our economic system is simply a confidence game. Our credit-based monetary system requires confidence to remain in a positive mode. Confidence is a perception of reality no matter what reality actually is. When money is credit, it is 100% confidence. Inflation can turn on a dime into black hole deflation.


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