I am the Guitarist / Vocalist for the Death Metal Band Collapse From Halifax, Canada.
I am the founder of the soon to be launched Death Metal Record Label Forward Regression Records and the author of two soon to be launched book series.
Check out this blog for updates on my Albums/Books etc.
Wednesday, July 25, 2018
History: The United States Income Tax Amendment and Great Depression
The Failed 63rd United Congress of 1913
I was researching the history of "disconnected" or "non reporting" branches of the Canada and United States Governments and I was planning to research the Stock Market issues and then I had mentioned earlier about the United States un-ratified Amendments Constitutional Amendments and to my surprise the issue in the United States with their Amendment Ratification issue is the predecessor issue to the stock market issues we are having today with the Sunday Shopping Laws in Nova Scotia.
Basically, I was surprised the importance of the un-ratified United States Amendment and is a larger issue to everyone which I will explain and I am surprised more people aren't talking about this.
The supposed "un-ratified amendment" in the United States is the "Income Tax Amendment" , also known as the 16th Constitutional Amendment or "Federal Reserve Act.
After reading the Federal Reserve Act and examining other related public government documents in the United States this is my thoughts / conclusions.
This un-ratified amendment, meaning it never officially passed, is probably the largest public criticism of the United States of America.
This law is why you have to pay income tax.
I am not doubting today that the income tax is legal and that you have to pay it but my opinion is that the amendment that put the law in place in 1913 over one hundred years ago was "not properly" passed though the United States Senate and the process to amend the constitution was not handled properly leaving massive errors in the United States tax system.
Examining the history the 16th Amendment you can clearly see that it did not pass properly and was probably "rushed" through The United States Congress with no oversight by a disconnected branch of the United States Government, leading do disastrous consequences later in the United States including the Great Depression in the 1930's.
This was passed by the 63rd United States Congress in 1913.
The 63rd United States Congress under President Woodrow Wilson is a failed congressional group and probably one of the worst in United States History.
The Income Tax Amendment is probably the most rushed inaccurate law ever passed in the United States Congress by the Democratic Party (Liberal) who didn't have everything covered and rammed it through Congress with improper oversight.
Just that fact that you can't get a clear definition of the passing of the 16th Amendment from Washington D.C. alone shows you that it is not properly ratified with no other evidence.
All materials on the passing of the amendment have "not been reported on" from Washington D.C. making the Government Branch Disconnected. Meaning, the 63rd United States Congress has failed to report to the public on the passing of the 16th Amendment therefore they are a disconnected branch of the United States Government.
Today, 105 years later this leaves us with large holes in the tax and credit system that need to be resolved.
I am not saying that the income tax laws are illegal today, I am saying they were passed with little oversight and have incomplete records that Washington D.C. today has not reported on or taken accountability for which need to be corrected.
The story in the United States that the income tax is illegal and was never passed comes from a book from 1985 claiming the amendment was never ratified, meaning 3/4 of States have to pass the Amendment for it to become law.
In 1985, the controversy was that "not enough states" passed the law before Woodrow Wilson rammed it through Congress with no oversight.
Other stories are that it did pass according to the laws at the time and other stories are saying that it was ratified or "passed" by the other states as late as 1992 years after the fact.
Adding the state ratification's later in 1992 doesn't change the fact it was passed incorrectly. This story is ridiculous and not correct. Passing the ratification later in 1992 doesn't make the law correct in 1913, a larger explanation and actual policy correction is needed.
There point here is this, the 16th Amendment was NOT properly put into law and was not completed in all US States when amended to the Constitution and was rushed through under Woodrow Wilson's Congress, making it a disconnected branch of the United States Government that didn't report and did not use all required procedures to pass the amendment leaving holes in tax laws today 105 years later.
My official ruling on the 16th Amendment is this.
Although not properly ratified the 16th Amendment was still passed by the United States Congress making it law in the United States of America.
However, this has left inaccuracies in the Amendment that need to be corrected today.
The 16th Amendment of the United States Constitution in 1913 created was is known today as The Federal Income Tax, IRS, Equifax Credit Reporting System, Social Security Number, Identification Cards and the Federal Money Printing Press for a National United States Currency - the currency of today or US Dollar.
As you can see this is the Credit, tax and Banking System of today that was created by the 16th Amendment which is full of errors because of the incorrect Amendment Process by a non-reporting Government Branch under Woodrow Wilson and the 63rd United States Congress.
THE STORY OF THE 16th AMENDMENT
In 1846 the United States of America was just entering it's post American Civil War Period and was just reunited under Abraham Lincoln by the North after the defeat of the Confederates.
After the end of the American Civil War up to the early 1900's there was an unstable banking system in the United States of America. At the time each bank was responsible for it's own currency and run independent of each other.
What this meant in America was that if you had your money in a bank and it went bankrupt you could lose all of your money. This is where the classic "run on the bank" comes from when the citizens were scared the bank would run out of money and then all swarm the bank to pull their money out leaving the bank broke and bankrupt.
That was a part of life in post civil war America and in the early 1900's Washington D.C was looking to resolve this problem.
Several large financial crisis's in the United States led to a need for a new banking system and uniform currency in the United States, today that is the Federal Reserve Note or United States Dollar.
Washington D.C. planned on switching from the old system in the United States to a new "central" system, the Federal Reserve System.
The Federal Reserve is the main bank in the United States that prints it's money for all of the United States, in Canada that would be the Bank of Canada.
Before 1913 the largest bank in the United States was run by J.P. Morgan, he was a Billionaire.
What was happening was in the United States when smaller banks were running out of money, J.P. Morgan's Bank would lend the smaller banks money to stay open by giving them credit and charging them an interest rate.
That is the origin of today's Federal Banking and Credit System and Equifax.
That system was designed by J.P. Morgan.
J.P. Morgan was a private bank that loaned other private banks money when they were in a financial crisis and charged them an interest rate.
Today, that is handled by the Federal Reserve and run by Washington D.C. and it prints all of the United States Currency from a central location.
In essence, Washington D.C.'s new Central Banking System would be modeled after J.P. Morgans Private Bank and run Federally by Washington D.C.
As a note, when you read about these topics on the internet they are not clear on these topics. To clear this up J.P. Morgan did NOT run America's Currency Supply before 1913.
J.P. Morgan was the largest PRIVATE bank and loaned OTHER private banks money. J.P. Morgan did not handle the currency for the Government he was just the smaller banks largest business partner and bailed them out.
What they actual mean is J.P. Morgan was the largest bank in America at the year 1900, and they lent smaller banks money to operate privately and was not a Government Function from Washington D.C.
Washington D.C was switching to a currency system that MODELED J.P Morgan's large bank that he ran as a private citizen.
J.P Morgan was the largest proponent pushing for the 16th Amendment.
If that was Nova Scotia today then J.P. Morgan would be Sobeys Corporation and the 16th Amendment would be the Sunday Shopping Laws.
Leading up to 1913 J.P Morgan Bank was pushing for the 16th Amendment that would create a new banking and credit system in America, the one we have today, and he as a banker along with other private bankers would be responsible for handling banking for Washington D.C. after the new Currency System went in.
Washington D.C. was putting in a new currency and banking system and they were assigning people work in the public to help establish the new currency. J.P. Morgan was only one of many people that would now be printing money for the United States Government in the early days of the system.
Basically, after the 16th Amendment went in J.P. Morgan would be helping Washington D.C print it's currency along with other banks AND they were putting in his Credit System - Equifax.
J.P. Morgan would be working with Washington D.C. to install the same type of credit system from his large bank into the new one being formed by the United States Government, plus he would be helping them print their currency.
I am simplifying the story here, later on Washington D.C did this alone with no private help which is what we have today. That was only in the early days.
That is where today's system came from.
This is also important, the 16th Amendment was also installing the Federal Income tax.
So the 16th Amendment was the new banking and credit system and the Federal Income Tax.
J.P. Morgan was one of the richest people in the United States and wanted his name on this and access to the Federal Money Printing work pushed on Washington D.C until they rammed the Amendment through Congress - Incorrectly.
This is also very important - the United States Government needed the Income Tax Money for the War Effort for World War 1.
The United States in 1913 during the passing of the 16th Amendment was very unstable and about to be in the First World War against Germany and the Central Powers in Austria.
The United States needed this tax money for Military Funding to back the War against Germany in starting in 1914.
The passing of the 16th Amendment was done in the background of just before that start of World War 1 and rammed through by pressure from J.P. Morgan who wanted his cut of the new banking system.
This unstable background led to the passing of the 16th Amendment with no proper oversight in the United States and done with incomplete checks and balances.
In fact, the Amendment itself was passed in the United States Congress over the Christmas Holidays in 1913 and most Senators were on vacation when Congress was empty. I would say the people who were there at the time and signed it into law during the Christmas Holidays including President Woodrow Wilson and a small amount of Congressmen were acting as the disconnected branch of the United States Government, under pressure from J.P. Morgan.
If you want to find out who the members of the disconnected government branch were look up the Congressmen who were in Congress during the Christmas Holidays in 1913 with Woodrow Wilson, that list is the people who made the un-ratified Amendment law in the United States without oversight and proper book keeping.
The result of the massive oversight in United States History was disastrous, my conclusion is that it caused the period known as "The Roaring Twenty's" in the 1920's and subsequent period known as "The Great Depression" in the 1930's.
First, the actual controversy of the 16th Amendment comes from the United States Constitution itself. The United States Constitution states that American Citizens are "not allowed" to be directly taxed by the Government on their wages.
The 16th Amendment would remove that law from the United States Constitution and add a personal income tax on citizens wages, against the original United States Constitution that is the Controversy and what Americans were voting on at the time.
The vote on the 16th Amendment would place an income tax on wages and apparently failed to pass the vote and was put in anyway.
The original rule in the United Stated Constitution of "no taxes on personal wages" is because in the Thirteen Colonies from England this was a taxed system on citizens.
England was taxing American Citizens in the Thirteen Colonies on their wages for payments to England, after the American Revolution they removed this tax.
The 16th Amendment put this tax back on United States Citizens for a tax to Washington D.C.
That is the Controversy and vote at the time.
The results of the improper passing by the disconnected branch of the Amendment was disastrous. The United States Government in Washington D.C. installed an early banking system that was full of errors and no oversight.
After World War 1 the collateral effects started from the unfinished passing of the Constitutional Amendment.
In 1920, the Federal Reserve bank under Guidance from J.P. Morgan created a large increase in cash reserves and began over printing money and lowering interest rates. Basically J.P. Morgan had Washington D.C. increase the Money Supply by over 61%, then they cut interest rates.
What that meant is that the new banking system in the United States created more money, then they lowered interest rates and then LOANED out massive amounts of money at a low interest rate.
I'm surprised that this is not a more researched and documented topic.
The result was J.P. Morgan and all the other Banks in the new system had more money to lend out to citizens, at a lower interest rate.
So more loans were available to the regular public now and they got a lower interest rate.
This was the first credit system in the United States and is probably the Equifax System.
What happened was all the banks loaned out everyone money in the United States, causing the period known as the Roaring Twenties.
During the 1920's or Roaring Twenties that money came from America's first credit system.
From what I understand everyone one in the United States in the 1920's went out and got tons of loans at a low interest rate under the first credit system. This created a massive amount of wealth in the United States.
Then, no one paid the banks back.
So, everyone failed to pay their debts to the bank and in 1929 the stock market crashed causing the great depression.
The improper passing the the 16th Amendment led to a terrible mistake by Washington D.C. Under the guidance of J.P. Morgan they increased the cash supply and lowered interest rates and then lent all the money out to the public.
The no one paid them back, leading to a stock market crash in 1929 and everyone went bankrupt.
That is probably because it was the first attempt at the credit system and no one paid their debts back. Washington D.C. let the 16th Amendment people make the new credit system then they created a large spike in money followed by a stock market crash.
I'm assuming that this was because it was run unregulated with no oversight from a disconnected government branch under advice from J.P. Morgan, a terrible disaster.
This is why we need to fix these laws.
Today, a new effect is happening. Now this system is failing again over 100 years later except Equifax Companies are NOT issuing credit like Sears. Now they are going bankrupt.
So now, the companies that issued credit have cut their lending and no one is shopping there and they are on the stock market and going bankrupt in the opposite effect.
That system is the Federal Income Tax, Federal Currency, Credit Reporting System, ID Card and Social Security Number.
You can tell it has failed.
Judging from the trend in the future there will probably be a Federal Income Tax but no Credit Reporting or ID System
They will probably keep the Income Tax for now and Security Number but the rest is going obsolete.
The Equifax Central Credit System / ID System is old and out of date and those Companies are going bankrupt and after it is gone there will be almost no use for the ID Card anyway except a drivers license which will be switched to security number check and Forced ID Cards will be illegal.
In the future credit will be business to business and the Social Security Number will only be for Tax Reporting and Government Safety, and the public is already throwing out the ID Card anyway.