But George W. Bush and everyone in the federal government is talking about cutting taxes in one way or another, reducing the tax base even further.

How is this possible?

The answer is simple. The federal government has the power to borrow us into oblivion. No one else has that power.

In the last 15 months, the Bush administration has borrowed $600 billion ($598.3 billion) to do what it has determined must be done, and do so without cutting the federal budget one iota.

Our forefathers, bless their hearts, set up a Republic with the ability to borrow unlimited amounts of money from investors both foreign and domestic. Wealthy people who could afford to loan the government money for annual interest and a payback guaranteed under contract, sometimes even paying back more than the face value of the loan. The founding fathers wrote the sale of Treasury securities into the Constitution.

It wasn't always the case that payback was guaranteed by American taxpayers, but it certainly is now. Before the permanent installation of the personal income tax in 1913, this tab was covered by corporations and the business tycoons of the day. Our forefathers had no intention of laying a personal income tax on citizens.

At first, the borrowing was small and insignificant. It was done mostly to support a small number of federal employees working to set a few laws that applied equally to the more powerful States and to deal in foreign relations.

Of course, a grand display of opulent power had to be constructed to intimidate foreign dignitaries visiting Washington, so eventually borrowing began in earnest.

Today, the federal government is the largest organization in the country, twice the size of our military forces, and it lords over fifty subservient states waiting for orders and handouts.

From the initial Treasury credit card, international banking has become a major force capable of catching foreign nations at dinnertime and selling them all sorts of deals they can't refuse. Deals that lock them into our credit and protection system, thus putting them under the thumb of the World Bank and the IMF housed inside the Beltway. For what it has done, the New World Order is already the target of vengeful terrorist minorities.

Let's not forget that the United States of America is the richest nation in the world—on paper. Unlike lesser forms of government, the District of Corruption doesn't need to raise taxes. It can still borrow whatever amount of money it needs.

This borrowing operation is not hidden. It's just not talked about in polite political and millionaire media circles. It's not talked about by people more interested in entertainment, propaganda, and your astrological birth sign, car chases, and police heroism. Pass the caviar, please.

Not being concerned with history and politics, too busy making money, a population of 280 million citizens was, since the last presidential elections, just beginning to understand the meaning of a Republic and now must return to their dictionaries to look up the meaning of Oligarchy. Oh well.

If you are able to read this article on your computer, you are also capable of going to the U.S. Treasury Bureau of Public Debt web pages and following the action. You even have a calculator capable of handling twenty-some digits and certainly able to add and subtract trillions reported daily to the penny.

The well fed, housed inside the Beltway, watchdogs will not turn upon their masters, but you can.

Don't take my word for it. Verify the fact that the national debt has increased $600 billion in the last fifteen months. See for yourself that the debt went up $421 billion in fiscal 2002—the real deficit. Understand that we've already borrowed another $177.5 billion in the first three months of fiscal 2003. It's your bill they're running up. It will be there for your children and grandchildren if we last that long.

And while you're there, start digging into the completely fraudulent "Intragovernmental Holdings" side of the national debt. The side that is not constitutionally authorized to borrow/steal Social Security and other entitlement money. The side we could eliminate with the snap of a finger if you really wanted a tax break.

If you have any questions, don't hesitate to email me.