Where do the govt get money to pay dole and benefits?
Discussion
I'm not sure if this is the right place, but it's a start! Lol.
I was talking to a guy I used to work with earlier online, and further to a tongue in cheek rant from a colleague about funding dole and benefit spongers with our taxes, my ex colleague said that taxes don't fund these benefits. This was his response..................
Basically our country and most other countries, including Murica are bankrupt. So the Gubmint needed some collateral on which to borrow money, so they used the public. So basically gov bonds are backed by us, the people and from there the money is 'created'
The complex bit involves your birth certificate so i'll skip that bit but the short version is it is a bond.
So, this bond is worth a f
k ton and it's a type of trust, you are the beneficiary, the gubmint is the trustee, as you were deemed 'delinquent' when you turn 16 and accepted your national insurance number. So what happened is you basically said you can't look after your bond and so you want the gubmint to hold it in trust but as you are the beneficiary you must 'benefit' from the trust as the trustees see fit.
This is why you go from being 'Master James to 'mister' you are no longer master of your ship basically (as this is all covered by admiralty law).
So they borrowed money against your sweat equity and have to pay interest on the loan, that is what 'your taxes' (attempt) to pay. This is why it's always referred to as 'tax payers money' not 'Your taxes' or 'public taxes' when they moan about doleys in the media.
So, your 'taxes' go mostly to pay off the interest on the money borrowed by the gubmint against your life essentially and a few other things, but really not much else.
What does actually get paid re: dole is the wages of the staff of the dole as they are public employees, this is another way of 'truthfully' saying doleys are costing your taxes.
True story, any questions ask away or pm me.
Does this make any sense to any of you guys??
I was talking to a guy I used to work with earlier online, and further to a tongue in cheek rant from a colleague about funding dole and benefit spongers with our taxes, my ex colleague said that taxes don't fund these benefits. This was his response..................
Basically our country and most other countries, including Murica are bankrupt. So the Gubmint needed some collateral on which to borrow money, so they used the public. So basically gov bonds are backed by us, the people and from there the money is 'created'
The complex bit involves your birth certificate so i'll skip that bit but the short version is it is a bond.
So, this bond is worth a f
k ton and it's a type of trust, you are the beneficiary, the gubmint is the trustee, as you were deemed 'delinquent' when you turn 16 and accepted your national insurance number. So what happened is you basically said you can't look after your bond and so you want the gubmint to hold it in trust but as you are the beneficiary you must 'benefit' from the trust as the trustees see fit. This is why you go from being 'Master James to 'mister' you are no longer master of your ship basically (as this is all covered by admiralty law).
So they borrowed money against your sweat equity and have to pay interest on the loan, that is what 'your taxes' (attempt) to pay. This is why it's always referred to as 'tax payers money' not 'Your taxes' or 'public taxes' when they moan about doleys in the media.
So, your 'taxes' go mostly to pay off the interest on the money borrowed by the gubmint against your life essentially and a few other things, but really not much else.
What does actually get paid re: dole is the wages of the staff of the dole as they are public employees, this is another way of 'truthfully' saying doleys are costing your taxes.
True story, any questions ask away or pm me.
Does this make any sense to any of you guys??
Edited by rash_decision on Tuesday 27th January 21:25
Edited by rash_decision on Tuesday 27th January 21:28
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