What do Willie Nelson, Wesley Snipes Gordon "Sting" Sumner, Dionne Warwick and now Lauryn Hill have in common?
They have all fallen victim to a judgment against them due to non-payment of taxes.
When I first heard what happened to Sting, it was to the tune of TWENTY MILLION DOLLARS. He was on the Howard Stern Show with his girlfriend/wife Trudy.
He mentioned that his accountant had screwed him; however, I never heard anything further in regards to that screwing.
Many people decry the situation in which America currently finds itself, but not everyone has a solution readily at hand.
I offer a solution: no more INTEREST.
Interest is a component of the economy that doesn't exist in the money supply. Interest was designed as a form of compensation for those who would lend out monies, or as a way for their money to accrue value while being borrowed by others.
Here's the problem: