The Penalty For Not Paying The King’s Ransom

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The government steals wealth subtly through inflation. The constant expansion of credit by the Federal Reserve creates artificial disparities based on political privilege and huge wealth. This expansion of credit is pure inflation. It’s simply counterfeiting on an unbelievable scale.

Of course, some people benefit and others don’t. Who do you think benefits? The elite, of course. The Federal Reserve was created by the elite for the elite.

But there is also a more overt form of theft underway. It also benefits a privileged few at the expense of the people. It is the theft of property.

According to John Locke, one of the central roles of government is to protect the individual’s property. But thanks to property taxes, governments are in the business of property confiscation.

A recent series in The Washington Post exposed the theft system in Washington, D.C., in which people are being kicked from their homes and seeing their possessions placed in the street over unpaid tax bills as low as $44.

The D.C. government abdicated its responsibility and enlisted private investors to help collect past-due property taxes. It morphed into a system in which predatory corporations turned small delinquencies in the hundreds of dollars into debts totaling in the thousands of dollars. The corporations then foreclosed on the properties when owners couldn’t pay.

Tax lien purchases have foreclosed on nearly 200 houses since 2005 and are now moving to confiscate as many as 1,200 more. Many of these homes have been owned by families for generations. One-third of them had liens of less than $1,000.

The tax sale is the first and last resort and the only way to compel property owners to pay their ransom, a D.C. tax official told The Post.

Once the home is foreclosed on, families are forced to fork over thousands of dollars in legal fees to try to preserve the property. If they’re unable to do that, the new owner — which purchased the property at the cost of a tax payment — turns around and sells the property at market value.

This practice takes place across the country, though some States and municipalities have established limits on fees and safeguards to protect the most vulnerable homeowners.

John Adams once said: “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”

Personal Liberty

Bob Livingston

founder of Personal Liberty Digest™, is an ultra-conservative American author and editor of The Bob Livingston Letter™, in circulation since 1969. Bob has devoted much of his life to research and the quest for truth on a variety of subjects. Bob specializes in health issues such as nutritional supplements and alternatives to drugs, as well as issues of privacy (both personal and financial), asset protection and the preservation of freedom.

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  • Peter

    Of greater concern is the fact since the great depression, which was caused by the banks, the banks have convinced governments to accept what was patent fraud prior to the depression.
    That is the notion of ‘proportionate lending’, which allows a bank to lend money they don’t have, and charge interest on that money, thereby creating massive inflation through fraudulent activity.
    The banks are allowed to lend, in many cases, up to 10 times the amount of money held in deposits.
    Where does the money come from?
    Out of thin air.
    By the stroke of a pen or a few keys on a keyboard, hundreds of thousands of dollars can be created, as in a mortgage, and charged against your name.
    They did nothing for the ‘money’, it has no basis in fact or any standard, such as gold etc.
    Nothing.
    Yet, through your efforts, you must pay it all back, with interest, over many years, making the banks mega-rich in the process.
    Not only that, but using a car loan as a simple example, it compounds easilly, because you take a loan for say $20,000 to buy a car, you pay for the car and the seller deposits it in his/her bank.
    That bank can now lend up to $200,000 against your $20k, most of which is fabricated!
    Now ask me why ‘we the people’ are mostly broke, and the banks are mega-rich?

    • Sleepless

      Here’s something I don’t understand…

      I truly believe the above: fractional banking, the role of the Fed, etc. However, I have a friend who is a banker. That is, not an officer, but a fairly high official in a private bank. He says there were many banks that failed during the 2008 crisis because of the housing bubble crashing. There were construction firms with massive loans to pay off land and development who folded. The federal guv’ment required them to write off those loans by themselves. Then, banks were required to write off parts of mortgages that were upside down even if the homeowners were still paying on time. As a result, many small banks failed. Part of his job was to help his (somewhat) larger bank close down smaller, failed banks. He said the guv’ment sometimes would spend 50 mil to close a bank, when 20 mil would keep it afloat.

      He also said that only recently did his own bank become solvent again, and only made it through the contraction/recession as a result of the owner pouring money into the bank to keep it afloat during the intervening years.

      Now look, I’m not trolling here. I truly don’t understand what I thought I did. I had put all banks in a blackened pot of corruption and greed. Seems like there’s a difference between “too big to fail” and my local bank. All banks are part of the Federal Reserve, but, like many other things, all things are not equal.

      Can anyone enlighten me here on real banking facts?

      • steve

        it’s simple. screw or be screwed. no one cares about little old you , except your family and maybe a few friends. thats it. my advice is to trust no one these days. how sad that sounds but thats where this
        country has gone. i grew up in the 50’s-60’s and no one thought this way. but thats what greed has done to this country and every where else. trust only in GOD. he’s perfect and cannot lie.

        • podunk1

          Obama and his progressives put a stake in the heart of free capitalism with zero interest rates! Banks pay zero to near zero for your deposits. That sets the return on investment (ROI). Before obama, Roi was 5+% for secure investments. Because of all of the retirement fund regulations & laws that have existed longer than existing citizen lifetimes, surely the plans were based on actuarial & annuity math.

          1) If they were legitimate, a mere 5% ROI will yield 3.88 times more wealth than deposited over 46 years and a single dollar invested at 5% in 1966 would appreciate to $6.97 by end of 2012! An average $42,537 wage would yield $941686 at age 65 and payback $1,296,880 between 65 and death age 78.5! SSI pays back $200,070. Average citizen loses $1,096,810

          2) With zero interest you get your deposits back & receive nothing for the use of it! As noted above, it’s $242,631. You lose $1,044,249. There’s no invested productive infrastructure, no jobs, no future, and Obama taxes you to help the muslim brotherhood conquer the world & kill Christians.

          3) With 5% inflation and zero interest, you’re paid nothing for the use of the money and the purchasing power of the fund loses 5% for every day they have
          your funds. A single dollar saved in 1966 buys 14 cents worth of goods at the end of 2012. So, mr. average citizen loses $1,096,810 SSI. Because the trust fund is depleted, roughly 2.8 current worker deposits are funneled into your $1,235/mo SSI benefit, and the fund becomes “pay as you go… (down the crapper)”… a term used by criminals imbedded in our executive-legislative offices of the USA

          So, if highly secure government employee retirement funds are invested in highly touted government bonds and currency related loans… we’ll be sleeping in a culvert when we’re too old to work. I see
          nothing funny about that. Anyone who would do that to their fellow man deserves multiples of severest punishment! If anyone thinks their immune to that malice & plunder, think about your SSI-MED until you understand you’re in the same snake pit. Problem is, we’re too damned busy blaming each other for the crimes and plunder of oath & duty bound officials we both voted for and hired to protect US!

          They need more dumb people to join the Ponzi tax scheme – When funds disappear, earnings and more funds disappear, conclusion is running out of enough worker deposits to pay benefits… solution is more insanity – give illegal aliens $36,545 taxpayer money to steal $6/hr $12,480/yr jobs – net $49,025 tax free & takee home pay, while you’re jobless!

          FOCUS ON GETTING RID OF & PUNISHING THE CANCER – NOT THE VICTIMS!!! PROSECUTE THEM!

          PASS IT ON!

          • wavesofgrain

            podunk1….well said!!!

      • TheOriginalDaveH

        Sleepless,
        Read the many books on money and banking that have been written by Murray Rothbard. Here are just a couple:
        http://mises.org/Books/historyofmoney.pdf
        http://mises.org/books/whathasgovernmentdone.pdf
        All Fractional Reserve banks are basically in a state of default, because they have no means to satisfy the depositors if they all clamor for their money at the same time.
        When bank managers push their luck and precipitate such an action, why should the taxpayers be on the hook for their negligence and inherent fraud? If the Government was indeed concerned with the patrons of the bank, why not just relieve them directly (still wrong, but better) instead of bailing out the bad managers? Why should bad managers be saved to compete against those bank managers who did the right things?
        If you do enough reading you will realize that Government really isn’t about the people. It’s about the Leaders. Basically they are just a very large Gang. Once you awaken to that reality, you will understand why they stick up for fraudulent banking activities.
        http://mises.org/daily/3427

      • Fred Mueller

        Sleepless, you say, “The federal guv’ment required them to write off those loans by themselves. Then, banks were required to write off parts of mortgages that were upside down even if the homeowners were still paying on time. As a result, many small banks failed.” Yes, many SMALL BANKS failed, including many savings and loans. But not the BIG banks! The BIG banks want to own and control us all, and that means they can’t allow small banks and savings and loans to prosper. It’s always been that way. The BIG banks are the crooks, owned and run by organized crime gone “legit.” They are the ones behind all our problems.

    • paendragon

      It’s no longer “up to ten times” what they actually have in reserves (btw, it’s called “fractional reserves,” not “proportionate lending”) – that’s the rate they started off with, over 200 years ago; these days, it’s over 50 times what they’ve actually got, in the USA (and ‘only’ 20 times, in other places like Canada)! Obviously, when you say “Sure, I can lend you that $100! when you know you’ve only got $10. in your pocket, it’s FRAUD!

      Add to that the fact that the banksters have bribed & placed their pet sales-puppets (‘politicians’) in government for the last 200 years or more to allow them to lend out from 10 to 50 TIMES the money they actually have in reserves (aka: the “fractional reserves” scam) which is, of course, only FRAUD (saying “Sure, I can lend you $1,000!” When you know you only have $100. to your name, IS fraud), results in this:

      Say you’re a banksters’ kid, age 20, and you “invest” $1,000 in daddy’s bank. He then lends out $10,000 (say, $1,000 each, to 10 people) and “only” asks for 10% return from each of them that year – instantly, he gets back the whole, real $1,000; so your money has just doubled. Do this for 10 years, and THIS happens: 2, 4, 8, 16, 32, 64, 128, 256, 512, 1024 – by then 10th year, you’ve got over 1,000 TIMES your initial $1,000 – you’ve “made” a MILLION DOLLARS IN ONLY TEN YEARS!

      Repeat this scam, and by age 40 you’ve got a Billion Dollars; by age 50, you’ve got a Trillion!

      This is so simple, even a child could understand it!

  • wavesofgrain

    Leave it to the Dem majority Left-run DC to abandon taxpayers to near corrupt lienholders.

    • Vigilant

      Both parties are at fault, though the idea behind property taxes is a progressive one. And they are the province of local governments, not federal.

  • dan

    …and it’s all so LEEEGAL because THEY SAY IT’S LEEEGAL.
    and the sheep keep rendering unto ceasar.
    RESIST ! DO NOT COMPLY ! Burn it down before you let them take it…and find out where THEY live.
    Offer THEM a “fair market price that they can’t refuse”

  • Bill

    A good example of “property taxes gone wild” is Detroit

  • mathis1689

    Property taxes are nothing more than legalized stealing. As long as any government gives itself the right to take your possessions for not paying a property tax then by definition you can never totally own anything. In a very real sense you are simply leasing it from the government. That is why every time a millage increase is put on the ballot I vote against it no matter what it is supposed to be used for.

    • ibn insha

      All kind of taxes are legalized stealing.

      • paendragon

        Not really, no. Government is supposed to function as the largest collectively-owned insurance company – to defend our collective needs (like to defense from other groups, and to pave the roads, check the food supply, to project and maintain all those basic infrastructures necessary to enable potential life, and the freedom or liberty to promote one’s own happiness) but never to cater to private wants. Someone has to collect and administer the insurance dues. Notice I said what it’s “supposed” to be & do.

        • mathis1689

          Well said although most people don’t think of government as an insurance company.

        • Mike S

          You are right, someone has to pay for the services we as citizens receive from our government, be it local, state or federal. All of us who own property, purchased it know full well we would need to pay taxes in order to keep the property, along with all the other expenses of home ownership. If we don’t want to pay property taxes, then we can choose not to own property or move somewhere with lower rates of taxation. We also know that if we don’t pay the taxes due, the county, in most cases, will give us up to three years to make good on the payments before it is put up for sale, to the general public, for the taxes due. As I recall, at least here in Oklahoma, even after a tax sale, the
          original owner still has a year to 18 months to pay the bill, with interest, before the sale becomes final. I really don’t have a lot of sympathy for someone who loses their home due to not paying taxes. I would call them deadbeats.

  • paendragon

    BANKS SELL MONEY (over time, on the installment plan, pretending capitalism is the supply & demand of renting money) and obviously, this literal corruption instantly devalues that money, the goods it buys, and the labour used to earn it. Say I agree to sell you $10., and you agree to “re-“pay me $13. for the privilege of buying my money. Instantly, your money is only worth 0.77% of mine (just divide 10 by 13). “Compound” your mistake, and I’ll quickly OWN you!

    Add to that the fact that the banksters have bribed & placed their pet sales-puppets (‘politicians’) in government for the last 200 years or more to allow them to lend out from 10 to 50 TIMES the money they actually have in reserves (aka: the “fractional reserves” scam) which is, of course, only FRAUD (saying “Sure, I can lend you $1,000!” When you know you only have $100. to your name, IS fraud), results in this:

    Say you’re a banksters’ kid, age 20, and you “invest” $1,000 in daddy’s bank. He then lends out $10,000 (say, $1,000 each, to 10 people) and “only” asks for 10% return from each of them that year – instantly, he gets back the whole, real $1,000; so your money has just doubled. Do this for 10 years, and THIS happens: 2, 4, 8, 16, 32, 64, 128, 256, 512, 1024 – by then 10th year, you’ve got over 1,000 TIMES your initial $1,000 – you’ve “made” a MILLION DOLLARS IN ONLY TEN YEARS!

    Repeat this scam, and by age 40 you’ve got a Billion Dollars; by age 50, you’ve got a Trillion!

    And that 10 times is only the baseline; the banksters’ families have been at this for over 200 years, and since then, they’ve got their pet governments to allow them to lend out 20 times the amount of money they actually have (in Canada) and over 50 times the amount of money they actually have (in the USA)!!! So YES, they do OWN THE WORLD by now!

    This is so simple, even a child could understand it!

    • ibn insha

      How did banksters placed their pet sales puppets (‘politicians’) in government? Last time when I checked we the people elected them to office and not your ‘banksters.’

      • paendragon

        How naive are you?! Sure, we hire (‘elect’) them, but once they’re in office, they open the door to bribes and so also to the blackmail of their equally-bribed peers. It’s the stick and carrot. The banksters have enough money to bribe literally every single member of every government on Earth – and if the government officials refuse to be bribed, the banksters hire their greedy subordinates (or the cops and army) to betray and replace them.

        • ibn insha

          I am naive? You are the one who is not making any sense. You have failed to explain when politicians refuse to be bribed how banksters hire greedy subordinates to betray and replace them. If we the people elect politicians to office then how can banksters replace them? And why do we continue to re-elect them to the same office despite their corruption?

          And what do you mean by banksters have enough money to bribe literally every single member of every government on Earth? You sound like an apologist for politicians. If you are trying to convince me that politicians are innocent children who can be lured by money then you have failed miserably. If a person have any conscience he cannot be a politician or would not last long as a politicians because only the most morally corrupt people enter and remain in politics. So, stop portraying politicians as angels.

          • paendragon

            You’re obviously a contentious troll; prolly muslim criminal.

          • Robert Messmer

            Brings to mind Abscam (?) the FBI sting that they ran on some congressmen who were suspected of taking bribes. FBI pretended to be rich Arabs wanting some favors done. I think they even manage to catch a few. Remember one congressman who tried lying his way out of it by claiming that he didn’t know there was money in the briefcase. I said, damn he was willing to sell us out for just a BRIEFCASE!

  • ibn insha

    Although I am not a fan of any government on the face of this earth and certainly don’t believe in big government but I have to say that there is nothing wrong with government hiring a private company to collect past due property taxes. Government sets the authority for these companies and as long as these companies are operating within those boundaries does it really make a difference to the homeowner if he is thrown out of the house by the employees of a private company instead of government employees?

    Jurisdictions, where government does not use private companies for the collection of pat due taxes, have destroyed families over past due taxes as well and continue to do every moment of every day. If taxes are too high, collectors are operating outside the boundaries set by government or the collection procedures are too draconian that is a another issue and that has to be addressed to government and remedy demanded. Private companies do not make laws.

    • paendragon

      Hiring a private company to collect taxes is obviously an illegal conflict of interest because it brings for-profit taxes into the equation.

      • Robert Messmer

        Only if you also have that private company set the rate of taxation and to do the property valuation for tax purposes as well. But if that is your concern then simply enact a law stating that any property purchased at tax sale must be used by the purchaser for a continuous period of 5 years after said sale or all monies over and about the about paid will be forfeited back to the taxing authority.

        • paendragon

          No, it’s pretty direct: either the government pays tax money (and of course it does) to the company to collect the taxes, or the company subtracts its expenses from the amount of taxes it collects; either way, the company’s private profits enter into the equation. And that, in turn, might lead them to “incentivize” their employees to earn bonuses by less-than-legal means at citizens’ expense.