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This episode looks at national debts as sneaky taxes, and why protectionism should be one of the most holy words in our vocabulary. Asks, if we owe on loans without our consent, are we really free? Referencing the radio series Wizards of Money by âSmithy,â does an in-depth analysis of FICA, the tax that pays for Social Security and Medicare.
Production and Editing by Skidmark Bob: http://popdefectradio.blogspot.com/
Transcript, including videos, photos and links: http://www.thirdparadigm.org/3p_059.php
Visit the Third Paradigm Web Site: http://thirdparadigm.org/
Contact Tereza with comments or if airing this show: tereza(at)thirdparadigm.org
Songs: âEverything Has an End, Even Sadnessâ by Kaki King, âMoneyâ by Monty Python, âThe Taxmanâ by the Beatles.
Reads the poems:âNo More Clichesâ by Octavio Paz and âThe Tao of the Trialâ by Marilyn Nelson. Demonstrates how FICA made the income tax less progressive, and why those who canât afford their own insurance are paying the most to extend the lives of seniors. Proposes an alternative that would provide free reproductive, pre-natal, and pre-school healthcare, so the right to life doesnât end at birth. Finally, compares the budget of the Roman Empire in 150 CE and the 21st century US Empire, including the most expensive provinces for each: Judea and Egypt. Updates the parable of the talents to the modern terminology of IMF loans and corporate kickbacks.