Lew was doing SO well - until he blew it with this:
The real cause is the rise of fiat money that depreciated the currency, robbed savings, and shoved people into the workforce as taxpayers.
Lew, you are flat wrong about that.
Fiat money is only the TOOL through which that particular robbing and thieving is happening.
This may appear to be nit-picking - but it is NOT - because understanding the REAL CAUSE is incredibly important - and you allude to it throughout the rest of your talk.
The REAL CAUSE is .... thieves in charge of the economy, the banks, the corporations, THE GOVERNMENT - all working together in their fascista fashion.
Eliminate 'fiat money' - and the 'tool' will simply transform to a different mechanism. They LOVE fiat money, it is a marvelous smoke screen that hides from prying eyes what is actually going on.
Sez you to me ... "You mean a 'based currency' (ie. gold, silver, whatever commodity takes your fancy) will not HALT the thieving ?"
Lew, that is EXACTLY what I am stating.
Take LAND for example - an excellent example of 'non-fiat' money - a holder of wealth and intrinsic value. The AMERICAN PEOPLE no longer 'own' any land.
They RENT it from the government - at a rate of from 1% to 5% of the total value of the land annually.
You go to gold - Me, the thieve, I'll just get the lemmings to allow me to STEAL that from you also - at the very same rates I use in stealing via fiat money.
We will call it a 'personal property tax'. Plain and simple. Don't think I can do it ? Try me - I've done it to everything else; anyplace, anytime.