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 “Smithy,” does an in-depth analysis of FICA, the tax that pays for Social Security and Medicare.
Demonstrates how FICA made the income tax less progressive, and why those who can’t 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 doesn’t 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.
- “No More Cliches” by Octavio Paz
- “ The Tao of the Trial” by Marilyn Nelson
- “Everything Has an End, Even Sadness” by Kaki King
- “Money” by Monty Python
- “The Taxman” by the Beatles
- “The Money Programme” with Eric Idle of Monty Python
- “Journeys with George,” a video-montage by Monica Guerra using footage from Alexandra Pelosi’s documentary of the same name
To listen or view the transcript, click here.