The Georgia state legislature has passed a measure calling for a Convention of States to amend the U.S. Constitution

Image Source :  Wikimedia.org
Public Domain
.....

• NewsMax Media

Georgia Votes for Convention of States to Amend Constitution

Friday, 07 Mar 2014 02:38 PM
By Cheryl K. Chumley

The Georgia state legislature has passed a measure calling for a Convention of States to amend the U.S. Constitution, a move long championed by many in the tea party movement.
The action restricts the convention to topics of limiting the power of the federal government and establishing term limits for federal officials. Georgia's House voted 107-58 on Thursday to pass the measure, which previously had passed the state Senate.
"An Article V Convention of States would provide an opportunity for the citizens of this great nation to restore the balance of power between the states and the federal government," Republican state Rep. Buzz Brockway of Lawrenceville said in a statement.
Brockway, the measure's primary sponsor in the state House, urged "legislators in the other 49 states to join Georgia and call for a Convention of States for the purpose of proposing amendments to the U.S. Constitution."
Under Article V of the Constitution, such a convention can be convened when requested by two-thirds of the states, and it is one of two ways to propose amendments to the nation's founding document.
The other method – by which all previous constitutional amendments have been initiated — requires a two-thirds vote in both houses of Congress. Ratifying the amendment then requires three-fourths of the states to approve it.
"A Convention of States to propose amendments is certainly a legitimate way to limit federal power," Michael Maharrey, national communications director for the Tenth Amendment Center, told Newsmax. "It's one of the methods included in the Constitution to make necessary alterations to the document."


Read More Here


.....

By Albert Milliron March 6, 2014  

Georgia: First State to pass Convention of States Resolution

Measure calls for Convention to propose amendments to limit federal power
State Representative Buzz Brockway (R-Lawrenceville) Celebrates Passage of Convention of States Resolution.
(Atlanta, GA) State Representative Buzz Brockway (R-Lawrenceville) celebrated the passage today of Senate Resolution 736 by Senator Cecil Staton (R- Macon) in the Georgia House of Representatives. SR736 calls for an Article V Convention of States for the purpose of proposing amendments to the United States Constitution on the limited topics of limiting the power and jurisdiction of the federal government and establishing term limits for federal officials
Brockway, the resolution’s primary sponsor in the Georgia House said, “I’m proud Georgia has taken the lead on the very important work of restoring our Republic. An Article V Convention of States would provide an opportunity for the citizens of this great nation to restore the balance of power between the States and the Federal government. I urge Legislators in the other 49 states to join Georgia and call for a Convention of States for the purpose of proposing amendments to the U.S. constitution.”


Read More Here
.....

Simon Black : The IMF wants you to pay 71% income tax

The IMF wants you to pay 71% income tax

December 12, 2013 
Sovereign Valley Farm, Chile
The IMF just dropped another bombshell.
After it recently suggested a “one-off capital levy” – a one-time tax on private wealth as an exceptional measure to restore debt sustainability across insolvent countries – it has now called for “revenue-maximizing top income tax rates”.
The IMF’s team of monkeys has been working around the clock on this one, figuring that developed nations can increase their overall tax revenue by increasing tax rates.
They’ve singled out the US, suggesting that the US government could maximize its tax revenue by increasing tax brackets to as high as 71%.
Coming from one of the grand wizards of the global financial system, this might be the clearest sign yet that the whole house of cards is dangerously close to being swept away.
Think about it– solvent governments with healthy economies don’t go looking to steal 71% of people’s wealth. They’re raising this point because these governments are desperate. And flat broke.
The ratio of public debt to GDP across advanced economies will reach a historic peak of 110% next year, compared to 75% in 2007.
That’s a staggering increase. Most of the ‘wealithest’ nations in the West now have to borrow money just to pay interest on the money they’ve already borrowed.

Read More Here

Related articles

• The IMF Wants You To Pay 71% Income Tax
• Simon Black ~ The IMF Wants You To Pay 71% Income Tax
• The IMF wants you to pay 71% income tax