Ah, one of the natural laws of currency: If you spend more than you make, you're screwed. -- Logan, Memphis, TN
(-; I like it -- Mike, Norwalk
Like also don't make statements you cannot backup. Like a guy on this site who says that the IRS is incorporated in Puerto Rico and therefore has no jurisdiction in the 50 states. Further he says that a corporation only has a jurisdiction in the state of incorporation. Can anyone confirm this gentleman or is he delusional or an unrepentant liar. Once a liar always a liar, so I would like to get the lowdown on "whether he is just a mouth with no tail". -- Waffler, Smith, Arkansas
-- jim k, austin
Waffler, you should be more clear, your specific lies can't be separated from your half truths, misrepresentations, and ignorant innuendoes. Who said that? It may be true. Can you disprove it, that you may honestly call who ever said it a liar? You must not have read my post the other day. For a government entity to commence operation, an enabling act must be passed. An enabling act defines the entity, delineates the entity's job descriptions, and authorizes the entity to do what it does. No enabling act has ever been set forth in the US for the IRS. (no one can show the enabling act to you because it doesn't exist) I have stated here several times that I have been in court when the Federal Prosecutor has stated as a matter of Res Judicata (a thing already adjudicated and settled) that the IRS is not a government entity. It then follows, the IRS is something other than a government entity - a corporation, an association, a dba, an aka, a (hmm ?) acting within the US against the individual sovereigns and other entities. A non-governmental entity must register in the state in which it operates (in essence, taking the place of the enabling act). By way of example: if a Nevada or Puerto Rico domiciled corporation is to do business in Arkansas, it must register with that state. To my knowledge, the IRS has never registered in any State or Federal jurisdiction to do business. (if you can show me one of their registrations, I would be very interested) This once was a Republic, governed by law. It is no longer that Republic or a government of law but rather, it is now a despotic oligarchy of men with among other things, thieves issuing notes that can never be cashed. -- Mike, Norwalk
This is incredible. We live in a society where with a new introduction of gadgets like iphone creates a long long long line in front of Mac Store. I have no grudge against Mac, in fact I am planning to get one end of this year, but what really surprises me is the fact that these lambs so easily seduced by corporation that with a blink of an eye, they have a plastic card out, and they don't know which is their head and which is their tail. Back in college, these credit card companies would sponsor many college sports and encourage fresh out of high school students to sign up for their cards. Of course they would, they want pseudo-financial-freedom. And thus the cycle continues. -- RKA, Wasilla, AK
Well said Mike. -- Logan, Memphis, TN
Brilliant! This is indeed a Golden Rule. Don't make promises you can't keep. Don't spend more than you can make. Natural laws need no human enforcement -- you cannot cheat the Laws of Nature. If you eat all your stash of food before you can get more, you will go hungry. Most of the sub-prime borrowers have fallen to this simple rule because banks 'lent' more than the borrower could pay back. Most people don't realize that when a bank issues a check for a 'loan,' that money is simply 'created' by monetizing the borrowers promise to pay (i.e. an IOU that other banks will accept) -- when the borrower cannot repay with interest, the bank takes the REAL property for which this promise was collateral -- in other words, the bank gets the house for FREE -- they have acquired real property in exchange for a 2 cent piece of paper. Now that's a trick! The banks know what they are doing -- do you?! -- E Archer, NYC
-- Anonymous
Bo probably meant; "Don't let your mouth write ANY check....", which would make a practical proverb, but there is no need to make such a grammatically improper statement, literally meaning just the opposite. -- Jack, Green, OH
-- Anonymous
-- Jack, Green, OH
