One question. If what I am being paid is worthless, why does the IRS want it?
Great question,
Why would the irs collect from your account if you labor wasn't backing the currency?
The irs is a collection agency for the Reserve agency we know as "Federal Reserve", they are a credit monopoly independent from the government. They are 'self governed'.
They make profits from "selling" you currency that has no value. They take your credit and turn it into non- backed currency, then they attach fees.
They cannot attach fees to your credit, but they can attach fees to "their" currency. Thats where the illusion of a loan comes in. Credit is valueless and the currency they turn your credit into, is also valueless.
But it allows them to attach fees and give the illusion your own credit is a loan from them.
By turning your credit into 'their' currency also allows them to place a lien on whatever their non-backed currency is used for, because they place a lien on the currency.
Now...for the 'ponzi scheme', When they collect the bogus fees they attached to "their" non-backed currency that they have turned your credit into, they collect "labor-backed" currency from your account.
The currency you receive 'after' you work, is backed by you, your energy and labor. They are taking your "labor- backed" currency to ;pay for the non-backed currency they turned your credit into.
This is linked to the saying "banks create money from nothing", but what they dont tell you is, the value is coming from you!
When you sign a mortgage, you pledge your house as collateral to cover what you promise to pay.
When they turn your credit into the valueless currency, they have you agree to a bunch of fees because you think you received a loan. So if you agree to a 30 year mortgage, then they will have thirty years worth of your credit all printed out at once. They will use some of it to "purchase" your house, then they keep and invest the rest for themselves,.
So if 30 years adds up to over a half a million, then thats how much
non-backed currency they will have printed. When they collect your payments, they are collecting your "labor-backed" currency to compensate (or replace) the large sum of non-backed currency they printed and spent all at once.
The Lender or bank did not 'buy' your house, they only "purchased" your house using your credit. The loan illusion comes when they turn your credit into "their" currency.You are buying yuor house when you make payments.
The so-called interest charges is just bogus "usage fees" they attach to the currency after they turn your credit into it. They do not give you anything of value that can be considered a loan.
Also notice they collect interest (usage fees) first? They want to drain as much as they can out of you, then at the end, leave you stuck with having to pay for the house.
But the truth is, if you paid enough of labor-backed payments more than your house cost, then your house is paid for, because you did not receive a loan, you received an illusion. The rest is going towards their bogus charges.
This is why I try to ignore the sarcasm in some replies because I know if someone out there is struggling with their home, by arming themselves with the correct information, the Lender and Servicer will panic and less likely to challenge you.