Armstrong Economics * Soaking the Poor for the Benefit of the Rich = Oty nee AphACKNOWLEDGEMENTS 1 would Like to thank the many people yho have een vriting from around the world. It is encouraging to know that there are so many people who aré interested in nncovering tha. truth, T have also special thanks for so many providing valuable insight into trends around the world from China, Soviet Republics, South Africa, Brazil, Australian, and India. I believe we can survive the folly of governments aven 4f they refuse to; listen. The key is understanding the nature cf events, and that allows us to correctly make the decision to be on the opposite side. I would Like te alee thank all my old friend and former clients for their support. and to know that they have continued te gather information that serves us ail in times of crisis. we are standing on the precipice of a new era in glebal-social-aconemics. Eow we enter this new age Ls Df critical impestance. Government is incapable to doing anything fer any reform of its own abuse.of power is not up for aegotiation. He must weather the etorm, and to do so we need to understasd its nature. Just as the 1930s Great Depression ‘set in motion profonnd-changes that were even manifest in gcopolitical confrontations, we have now Eeached such a croseroads, A debt crisis has its tentacles aeeply embedded intc-every sector right into goverement. This is the distinction from a neve stock market crash that never alters the economy long-term. We are sexiously stil dver_lavoraged and seme banks are. still trying to be hedge funds and have to speculate to make a profit, That is a key warring siga that the worse is yet to cone. Comments, Suggestions § Questions Comment s,_Suggestises - Please mail t Martin A. Armstrong FCT Fort Dix Camp, #12578-050 PO Box 2000 Fort Dix, NI 08640 oa FLERSE REGISTAR YOR FHATI AUCRESS FOR FORE UPLATED NEWS CRETECAL TO CUR SURVIVAE Gapyeiche, Martin A Arastrond, S11 rights cesexved Thie Acoust may be Forwarded as you Like wizhout change ia individuals or quecrnents arcund 4S World, It 1s provided 2x a Foblic Ccmiea ot this tne without cust because of tha cuibicel facie That ne now feted axoronieatly, The contents and designs of the: systais azo in fact copyniatted, “oe a tutors cate, © new edition of tne 1988 The Greatest Qui] fake Zn Wstory wll he re\ssse! wr a new book will yuan be published on tha radal itealf - The Georitzy of Tine, Th is vitel thet se ie no» fargpt this is a werid ecoreny ard the srmacance that ary sation ean dictate to the wld is just tnsantiy. cts ail others na diffesent than if one ration ware 6 BoME e) Lis core waves Lito tre aveen, fiesything is intasLinked and solutions ars never tsaleted everby: Martin A, Xemstrongy Right! Former Chairman of Princeton Boonomics International, bd. and_the Foundation For The Study Of Cycles ANY people assume that becauce 7 am against Mazcien, that this means I advocate soaking the poor for the benefit of the rich. To really understand the truth of krends, if you are unwilling to exatine the propaganda without. personal bias, you will never sea the Licht of day. This axguuent between the rich vs the poor, has been so distorted and used to further other goals hidden beneath the surface, we get a lot of heated arguments with no substanca. Tnfortunately, if you will not examine the facts, then you are allowing those vhc will manipulate the zeal core of, the people, gat away vith everything. Tat us examine what has really taken place under Marxism, Putting Russia and China aside, let uz look at the Western ations vho adopted Marxism under the label of "Scolalisn” or "Progressive Novenents" post 1883. By raising toxes on the "rich" what we really get is corruption. This creates the lobbies that. Seed the political :process and keaps denocracy in check far it creates a perpetual ruling political oligarchy. ‘The "ich" have the option to nove their wealth offshore, The avarage person cannot nove his labor offshore without physically hopp- ding on a plane or boat, ‘The "rich" can hoard their capital and refuce to lend of to engage in conmarce of any kind, while ‘the average man cannot hoard his Labor.. So thare is a substantial difference between capital, and lator, The majority of taxes collected are always from the working class because they constitute the mjority. About 708 of all federal. taxes ara paid by the average man and this is even icher in the states where they rely upon property taxes, If we took the richest people in society and tum them upside down and shake every dine out of then, what will happen is va will not evan just for one year balance the budget. whe list of the sichast people are mostly foreign and no longar Akarioan, and they ara only billionaires whereas we are into the trillion @ollar deficits now. (1) thare 4s not enough “rich” to pay for whet the politicians promise. (2) it furthers political. corruption and defeats the very essence of what a democracy was suppose to do.