By RonPaul.com on June 30, 2010
Posted in Federal Reserve, Ron Paul in Congress, Ron Paul's Legislation | Tagged Audit the Fed, Financial Regulation, HR 1207 | 7 Responses
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Tnx for this information and facts. It’s much appreciated! Thanks again.
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Ron Paul selling out his country arguing for Most Favored Nation trading status for China:
Pat Buchanan’s column today:
Yeah, it’s all the Fed’s fault. Funny thing is, China uses paper money. Really seems to be strangling the life out of their economy, doesn’t it?
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Here’s what I found out about Whirlpool.
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The four parcels have a combined assessed value of almost $16 million. The equipment is assessed at a total of $53,135,550.
In the 2008-pay-2009 tax cycle, Whirlpool was billed $1,632,364.90 in total Vanderburgh County property taxes. The company paid half that amount on the spring installment, and it is not otherwise delinquent on its taxes.
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So in 2008 the local government taxed them $1,632,364.90 for their property.
So because they owned property which was worthe 16 million….even though they bought it decades ago and most likely did not pay that much…they had to give the government 1,632,394.90
Well maybe they couldn’t afford to give the government 1,632,364.90
That’s the reason I had to move out of my last home.
I moved.
I left my home because the local government decided that they could raise my property tax from 3,000 to 11,000 in a period of 8 years because they claimed my home was now worth a lot of money.
It didn’t matter that I purchased the home for 180,000 and that we were not eligible for a 700,000 loan…we’re suddenly told the house was worth 700,000 and we would be taxed accordingly and oh…when we moved….the house did not sell for anywhere near 700,000.
Maybe the Whirlpool company, like me, was informed that the land it purchased decades ago was now worth more(because of artificially inflated prices) and so they were going to be taxed more.
maybe they couldn’t afford it and so they moved. Maybe the artificially inflated price of the land caused their taxes to be artificially inflated and so they moved.
Thanks to the feds
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Yes, no doubt a few thousand in property taxes is what caused all our industries to move to China. Clearly it had nothing to do with granting China “Most Favored Nation” trade status. Isn’t that right, my Libertarian comrades?
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MORE BAILOUTS TO COME! STAY TUNED!
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This misguided bill passed in the House which will increase more power to the federal reserve a.k.a Fred’s Girlfriend which will result in future bailouts of British Petroleum, failed banks, and soon Europe. STAY TUNED!
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Is it just me or does it seem like the 2 guys behind DR. RON PAUL seem like distracting plants???
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