Thursday, 5 July 2012


Chief Justice Roberts, Economic Fascist

In upholding Obamacare, which is in fact Pelosicare, Chief Justice Roberts wrote the majority opinion. He indulged in some lawyer-like deception, as lawyers are paid to do. The law specifically says that the mandatory payment for not buying insurance is a penalty, not a tax. He determined that this penalty would be unconstitutional if it were a penalty (commerce clause), so, lo and behold, it's a tax!

Roberts has at long last legalized open economic fascism to America. Of course, it has been alive and well ever since the New Deal, and really since the First Bank of the United States (1791 to 1811). But now it has been placed under the judicial umbrella of a Supreme Court decision..... A tax in America prior to last week was a payment by the citizen or legal entity to an agency of civil government. Not so in the new, improved American fascism, as articulated by Chief Justice Roberts. In fascism, a compulsory payment to a private, profit-seeking entity is considered a tax. You can pay it to an insurance company, or you can pay a fine to the federal government. Take your pick. They are both taxes...

CENTRAL BANKING

The first fascist agency in post-Constitution history was the First Bank of the United States. It went out of existence in 1811. The Second Bank of the United States created a replacement: 1816 to 1836. In the historic case, McCulloch v. Maryland, Chief Justice John Marshall announced that "the power to tax is the power to destroy." The argument of Maryland is never discussed in the textbooks. This is one of those crucial facts in history that has gone down Orwell's memory hole. Marshall's creation of tax immunity for the Bank established the central legal principle of central banking. This is the cornerstone of the Federal Reserve System. It is sacrosanct. This is why any reference to Maryland's case against the Bank is not discussed...

I have provided extracts from Maryland's presentation here.

That decision handed over the nation to private central planners. The central bank has the power over the central institution of the free market: money. Marshall gave America economic fascism at the center of the economy: money. Jackson and Congress removed it. He let the Second Bank's charter lapse in 1836. (Note: the following year, 1837, was the only year in U.S. history in which the U.S. government had no debt.)

                                         ............... By Gary North

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