Economic Update that kinda turns into an income tax rant

[wizetrade00]

I think you're doing a great job bubrother, keep it UP!! Thank you.

[Idahoman2011]

When the SHTF scenario arrives you will need to have thought this one through. An economic downturn will eventually result in deadly demographic trouble. That means you must seriously think about moving to live among your own ethnic group.

If you are white and proud of it then you are no different than those who are proud of being black. That is the inconvenient truth many people want to hide. If you believe being white is okay then come listen and hopefully join us at…

northwestfront(dot)org

[shizont]

If they raise the debt ceiling, I'm not paying my Federal income taxes. I'm not throwing anymore money down that rat hole!

[Hashishin13]

cat a li tick.

[TVFOGGED]

This country will never really turn around until all the troops come home. Too much money is being sent over sea's. I hate the stock market also I think if you invest in an company there should be no short selling and you have to hold that stock for at least 6 months to an year. American greed is not the country I want to live in. As for gold and silver they are an good thing to hold on to if u have the extra cash to put away kinda like an savings account since they don't pay shit nowadays.

[Hashishin13]

@TVFOGGED People should be FREE, freedom includes being able to sell things that you own. The reason the stock market is so screwy is because of inflation, if you don't invest your money your basically slowely handing it over to the government. If we had honest money the stock market wouldn't be so crazy, there would probably still be some short selling but not as much.

[kevreilly7]

I rewatched the day the dollar died - It rocks- It is easier for them to nit pick,, then get off their darn couch, turn off the TV and do something with their time/life

[Mr2wings]

Should people save their Federal reserve notes at the local bank? or Save federal notes in other assets?

youtube.com/watch?v=skUfIaBCp0­E&feature=feedu

Save your Fed notes and then take a trip to: youtube.com/watch?v=6nAiiXNDvh­s

[darkisato]

Use the paper 4 porn

[ChanceIt50]

I put your silver shortage video on my silver site. It was one of the best ones I have seen.

Another good video here. I always watch them as soon as I see you put another one up.

[VictoryIndependence]

@ChanceIt50 thanks

[LP101A]

All good lines of thought and keen observations (as usual) ...keep 'em coming.

[nottinmatterz2day]

Thumbs up for no Taxes period, i'm with you VV

[nottinmatterz2day]

CAT-UH-LIH-TIC converter

[taznruby]

Like the old days my friend,....there is still fire there, good. Many will seek and you must be strong!

Great job on the documentary as well. It is understood with me the work it takes, the hours, the tours....

You are a Son of this Republic Daniel, keep well and Godspeed!

[ArrogantEgoist]

Thanks for the video.

But here is a question about "The Day the Dollar Died." Why would China ever *announce* that it will stop buying U.S. Treasuries? Wouldn't China know that announcing it would likely cause a panic and a sudden plunge in the value of its U.S. Treasury holdings? Woudn't China see it as in its interest to *quietly* stop buying U.S. Treasuries and gradually sell all of the U.S. Treasuries it holds?

[nextdimensions]

Income tax exists because of the debtor/creditor situation created when the El-ites did their sneaky stuff between late 1700s and early 1900s. Final nail was 1933. All real money was withdrawn and your person was made enemy of the state. No reason to celebrate 4th of July because America was taken back by British, Roman and El-ite rule over 100 years ago. UsA hasn't a had session of Congress since 1861. Constitution removed and military law in place since. Look at the courts, theres your answer.

[Ellipsis10]

Hey Victory is it wrong to take 20k from your equity, refinance at a fixed low rate and payoff Credit Card of 20k at 22% interest?? I think that's pretty smart.

[VictoryIndependence]

@Ellipsis10 As long as your intent is to focus on debt reduction. But most won't, they will just turn the credit card debt into a low fixed 30 year loan that will one day get refinanced again into another 30 year loan.

[Ellipsis10]

@VictoryIndependence agreed

[myeyepie]

@Ellipsis10 Rolling debt into your house exposes you to losing the house even more. If they dry up the printing press the money will become scarce, you will not have enough to pay the house and will lose it. All housing is ultimately backed (90+%) by the gov so they end up owning it in the end. And before you know it your living in a feudal system again where we are all serfs living like slaves to support the elite holding the reins of government. It's all fraud don't get mixed with them.

[search4knowledge2000]

They take our money through taxes and much of it gets wasted on useless programs and governmental projects. Of course if someone chooses not to pay taxes then they end up going to jail. Government taxes us and politicians do what they want with our money, and we the people do not have any say in where the money goes.

[bodyheals]

where should we be taxed? how do we progress as a society with infrastructure or other projects that a small group could never orchestrate?

[VictoryIndependence]

@bodyheals local taxes and then hire private companies to compete for infrastructure jobs. You think the free market would have built major cities in the desert? Not a chance.

[bodyheals]

@VictoryIndependence other than vegas? no...well maybe projects that involved building something huge in the desert like NAWAPA that would bring major amounts of water to many areas...but then i guess they would not be desert after that...hmmm.

[bodyheals]

local taxes, do you mean property tax? sales tax? what about import tax or tariff? also how free of a market do we need to have...should there be some protections? greenspan has even testified that his free market ayn rand philosophy carreer was a mistake right? what is a good balance for that? i think in free market that eventually we get back to something like feudal where the many work for the few and the poor are stuck with no opportunity to advance like a serf. also what about purpos/progrs

[bodyheals]

the mass strike is building! in our guts we are all sick of this system whether we are winning or not...human progress is stifled by this money/fraud game.

[davincij15]

'...the Money Power of the country will endeavor to prolong its reign by working upon the prejudices of the people, until the wealth is aggregated in a few hands and the Republic is destroyed." -- Abraham Lincoln

[davincij15]

"Paper money [created from debt] has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice." - George Washington

[r390radio]

Funny how the a-holes always have something negative to say vs not watching

[becauseicare2]

Great vid Daniel.



[ytrogergt]

I like you... your videos, your message, your face, even your eyes... I just like you. That's all!

[DaveSuperPowers]

Right on brother!

[BourneAccident]

Absolutely great video... Thanks for making it... and BTW... I agree 100% of your assessment about taxes and our government system of fraud.

[DarkBioCloud]

They are just trolling you man thats why they always focus in on the smallest of things.

[priestxman]

I appreciate your videos. I live in the UK and am an American citizen. I was almost tared and feathered when I said that the riots over tuition increases here in the UK was like watching children cry over spilled milk. Socialism sucks! It has produced a total govt. dependent culture that has been brainwashed into believing that the only way is the govt way. Keep up the good work mate!

[TheMunkmeister]

rental prices are definitely rising in uk...in london they are having 'sealed bids' where highest monthly bid can sign the contract. I also have a rental property and demand is very strong. agents say they cant get enough rental properties because people can't buy as banks aren't lending or lending criteria is too stringent(rightly so in my opinion)

[TheStranger3891]

If you hate having to pay the ignorance tax... aka the "income tax", then go to losthorizons(dot)com and learn the liberating truth for yourself as I have repeatedly urged you to do several times in the last couple years to no avail.

[survivalwstyle]

gOOd rant bro!

[Motoicon]

Thanks again for another dose of truth. However, the one tax that absolutely frys me more than any other by far is property tax. Lost your job? fuck you, pay me. Sick or disabled? Fuck you pay me. Built the house out of pocket over 5 years to afford a nice place? Now its worth so much you cant pay the tax? Fuck you, pay me. Your little girl gets so sick it wipes u out? Fuck you, pay me. Organized crime thats a monopoly.....

[MentalReserve]

thats how they get you raise taxes on the rich...dumb people are like yaaaaay. one day the government will say you are rich if you earn 30k to 50k a year and the people will just bend over and take it...which they probably wont feel because they are used to it.

[JerryE1961]

cattle-it-ic

[dodoinurpants]

Its the Reptillians....they have infiltrated our societies ....they understand human phscology and they know how easily they can control and manipulate us.

[n3rdm4n]

Also, banking is fucked. People should -save-, not borrow money.

[kevreilly7]

@n3rdm4n people should not save a fiat currency that is rapidly declining in value

[n3rdm4n]

@kevreilly7 Agreed: no fiat currencies either. Gold or other actual physical assets.

[n3rdm4n]

Sales taxes are best IMO because it encourages saving.

[STOPPUCKNOW]

did you see stella concepts vid saying the paper trade is 19 to 1 not a 100 to one?and is a lincon better then a caddalack forget about it aahhh...

[stefanb1977]

Fantastic!

[nepenthean]

ace

[dispersingweight]

the day the dollar died was a awesome movie man

props to you.

thanks for your work a lot of us appreciate it

[onemindonespirit]

Rent has gone up in Austin TX too.

[Jace1283xmod]

cat-a-lit-ic

[VictoryIndependence]

@Jace1283xmod :)

[tomrokus]

VV, Great job, love your work. Youve really got a knack for getting to the core of a subject. Appreciate your vids, Thanks

[VictoryIndependence]

@tomrokus thanks, comments like these keep me motivated.

[P3coTrain]

I hate seeing all I do! I also thank Jesus for showing me the light of the day!

[ilikcagrls]

@P3coTrain Its because Jesus is a sun god.......

[P3coTrain]

@ilikcagrls yea it would seam that Jesus is linked to astrology but the further you dig into it the more I have realized that Jesus has been right all along!

[1974wolfman]

It's ridiculous to tax corp. profits and then tax the shareholders on their dividend checks. We have double taxation all over.

[bigdaddy1525]

Dude i vote for u for office because u have commen sense!!

[VictoryIndependence]

@bigdaddy1525 problem is I would never run because I have common sense :) thx for the vote though

[bigdaddy1525]

@VictoryIndependence

Keep the vids comming!

[yaplonglong]

Just ignore thos idiots who are still snoozing and snorting like crazy. You can't save Sus.

[TheUnmaskedMagician]

I was buying food in a store and the person in front of me used food stamps to buy lobster tails. 

[Drav1212]

Listen, I wish the PUBLIC would become educated on the IDEA of taxing a Corperation. Corp. do NOT pay taxes, if they did, they would pass on that TAX EXPENSE to the CONSUMER. If you FORCE a Corp. to pay taxes, the GOV. is NOT doing anything other than creating a quasi Gov. taxing agency. So, instead of the Gov. applying a direct tax on its citizens, it directs corperations to impose a tax on its citizens. THe Gov. is just passing the tax collecting duties to a Corp. Please get it.

[emmy1cat]

@Drav1212 You get it. Corps do not pay taxes. People who buy things from them, they pay the tax. They pay ALL taxes. Its not rocket science, the tax load is built into the price, Its amazing how many cannot grasp that simple concept.

[bowtie728]

you liked those washington monuments though.

[navtel]

unions and government workers need to be reeled in..  unsustainable income and pensions

[savgal1211]

We Dont' have : HELOC ( hELL Loan), we never have Credit cards, never have car payments, we have dual incomes that are nice.. We Buy TANGIBLES : Firearms, Food, Silver, Etc etc etc.. I feel no pity for idiots with the nice new cars.. I laugh at them!! I lOVE my 11 yr old 4 Runner!! We have middle 3 figures K in income and do great, cause we SAVE And Prep!!

[BMWg84]

IRS is scum.

[zalida100]

Nice rant daniel. Kinda funny to hear you mention people defrauding a fraudulent system (social security etc). I'm not so sure that europeans are all that much more aware of gold etc than usa people. Most people I know haven't a clue, and I don't think they want to know either. Always good to hear you rant for 10 mins. Good fun - cheers

[Alexiscom1]

Good thing in North America that we have a very cheap bullion at the moment. Thanks to all paper bugs out there. One day that will drastically change.

[BMWg84]

@Alexiscom1

god willing...

[BadMonkeySyndrome]

add a link to the article in the description box

[amfanman]

I hate the focus of looking at people around you and saying, "Well he or she or they are just using the system." As someone who wouldn't have anything without Social Security, and whatever help I can get from the system, those words are damaging. When I first got food stamps, I was ashamed everytime I went to Wal-Mart and pulled out my food stamp card. Why??? Stop belittling those who are using the system and focus on the main issues, the big elite, etc.

[zalida100]

@amfanman "...they are just using the system...." I think daniel said they were ABUSING the system. The "system" sucks and incentivises people to grab as much as possible. The social security thing is going to disappear/collapse. That has always been inevitable. The main reason you use food stamps to get by, is because of the legal tender laws. Maybe you understand that, and maybe you don't. Anyway - good luck to ya - keep surviving

[comeandseeapalehorse]

Dude corp taxes are a joke. They tax small businesses and the big companies dont pay crap. Ge is about 3-5%, verizon got back several million after making a few billion because of some tax loops. They tax small companies like mine 35% and regular employees 20-35%. How about just a flat tax on all when you buy. This way everone pays.

[puapake]

Yeah, I love how precious metals are languishing and the Dow is rallying 100+ points a day. The fundamentals suck. Americans don't see how illogical the market is functioning right now because they don't own precious metals, and they see their 401Ks "recovering."

[dotsthots]

The knock on effect of fiat money and redistributing wealth is straight out of Atlas shrugged...

[VictoryIndependence]

@dotsthots I need to see that, everyone keeps telling me how amazing it was.

[dotsthots]

@VictoryIndependence I've not seen either... I've just read the book.

[rockstar728]

Are you still involved with FutureMoneyTrends . com? Are these the same people as NIA?

Thanks for the vids!

[VictoryIndependence]

@rockstar728 No, I nor anyone I work with now is associated with NIA.

[dotsthots]

I'm in the UK and I haven't met one person yet (in person) who owns gold and silver that I didn't first school. People are still cashing in gold jewellery for peanuts.

[Saywhatyoumust]

@dotsthots -I can understand the mind set in the UK, most have the same mind set as Americans and most think they are untouchable. My mum bought some silver stock (not physical though) only after I told her that many think metals will soon go through the roof, before that she said it was too late to buy and metals had peaked. Physical is best, but metal stock is better than not having any metals at all.

[VictoryIndependence]

@dotsthots Wow, just like the U.S. 

[smasila]

Thanks

[dotsthots]

In the Weimer republic the rentier class' income was wiped out - price controls were put on rents. It was something the government could actually do and it was popularly received. People who believed they would profit from property were burned.

Also, rents may go up at first as owners become renters, but rents are local and if things get worse and people leave to look for work or can't pay, rents have to fall even if that means owners foreclose and you end up with publicly subsidised housing.

[U2Berror]

The system is that of Fraudisim... or if you like fiatisim mixed with crony boss hog casino gulag isim

[62636263c]

Silver will be at 70.00 - 75.00 by the end of Nov 2011.

[VictoryIndependence]

@62636263c I hope your right :)

[62636263c]

@VictoryIndependence I will be + or - 10%

[blythebaby777]

u were exposed asshole. take your snake oil and sell it someplace else. Even your hero Peter Schiff is on to you guys

[antonyneal]

Still saying it wrong, good video though

[VictoryIndependence]

@antonyneal lol, thx :)

[EDTHEWATERGUY]

As usual, I agree with you 100%

[VictoryIndependence]

@EDTHEWATERGUY And I agree with you also :) Feels like an Obama rally, lets just all agree and be happy, tissue anyone? :)

[MzProgressive]

Sorry but first time I feel I must disagree with you on one of your economic "observations" ... maybe splitting hairs, but Greece is not hurting because they are "living within their means" ... it's because the IMF is calling in its debts.

If Greece goes down the tubes, I see the Euro following ...

and Lindsey Williams said last December

that if the Euro fails,

Americans have about THREE WEEKS to get out of their PAPER ASSETS.

Ya think?

[VictoryIndependence]

@MzProgressive interesting, thx for the comments.