re: Just the IRS practicing taking down a landscaper at gunpoint.

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The Fed started engaging in quantitative tightening this year, meaning they stopped buying Treasuries (or at least are exchanging more than they are buying). That's been a massive spigot for funding for Congressional excesses over the last 10-15 years so instead of reigning in spending Congress will start beating more money out of the middle classes.

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Congress has no shortage of excuses for beating more money out of the middle class.

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This sort of IRS expansion isn't because people not paying taxes creates violent crimes and chaos in society, it's because the continually increasing annual deficit spending by Congress is starting to run up against the wall of inflation due to over-liquidity.

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Meh, I used to concern myself with deficit spending. Not anymore. Our government has zero concern about debt. If it wants more, the fed is right there to crank up the printing presses. There's nothing backing our dollar, so there's no reason not to keep the presses running.

And if some countries try to band together to refuse our fiat currency, and threaten our worthless dollar as the world's currency, well we just create a 9-11 false flag and send our military over there to "straighten them out."

It would be interesting to see how history views us. Will we be considered the most corrupt empire in the history of the world? We'd certainly have to be right up there.

I get the cynicism, but there's a solid foundation for my reasoning: LINK

Now compare that to this:



Ever since the Great Recession the federal government has been operating from a stance heavily dependent on the Fed's buying of securities. With the Fed not buying so much of them, interest rates for those securities will rise, meaning future deficit spending will have increasingly higher prices.

As time goes on, this means the federal government's debt payments (which are over a half trillion per year right now) will begin quickly increasing. That means either they spend less or raise the debt ceiling more. As they raise the ceiling more, faith that the federal government will continue to pay its debts will decrease.

By squeezing the middle class through creating some sort of IRStapo, they are trying to be proactive in making up for the upcoming shortfall so they can continue to spend with little to no consequence.

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Ever since the Great Recession the federal government has been operating from a stance heavily dependent on the Fed's buying of securities.

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This has been going on since 1913. It's why the Fed was created in the first place.
Not sure what the "Great Recession" has to do with anything.

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By squeezing the middle class through creating some sort of IRStapo, they are trying to be proactive in making up for the upcoming shortfall so they can continue to spend with little to no consequence.

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They just sent 10s of BILLIONS to the Ukraine. You honestly believe they're interested in checks and balances?

You can play along with this rigged game if it entertains you, but count me out.

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Why in the F*** should any American have to tell the government how they purchased something?

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This has been going on since 1913. It's why the Fed was created in the first place.
Not sure what the "Great Recession" has to do with anything.

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Because the Fed's purchases were flat until prior to that event, from the end of Q1 2009, through just pre-COVID they went on a long easing campaign. Just as they began tightening, COVID hit and they sent easing into overdrive.

The 00's is when the wheels came off the wagon on any sort of spending controls. Look at the change in the increase in average ceiling increases. While the increases in the 90s were large, there were few of them. Starting in the 00s we had not only more increases but the amounts of each have increased greatly.

This wouldn't be possible with continued manageable inflation without the Fed buying so much of the debt. One of the things which contributes to inflation in our fiat currency is the desirability of the debt due to it being a safe haven for funds. The more of that debt being created but not being bought, especially if that increases as it continues, would begin to scare more and more investors unless interest rates for them shot up.

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Stockton University - IRS - You're Under Arrest! (March 15, 2022)

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Once they were sworn in as Special Agents, the 20 students spent several hours questioning and surveilling suspects, analyzing tax returns and financial records, and learning how to operate handcuffs before obtaining a warrant and arresting their suspects, taking down an operation that was financing terrorists.