Just a few more points to consider:

1. Roughly 42,000,000 households are in harm’s way of bankruptcy or losing the roof over their head.
2. There are roughly 4.2 million property tax defaults as of early 2026.
3. How do we know that what the government is claiming as M2 is the true amount of money in circulation?
4. The Gross Domestic Product (GDP) is not large enough to generate enough income taxes to pay for the interest on the U.S. National Debt, never mind paying down that debt.
5. The Median Household Income is not large enough to generate enough property taxes to pay for the interest on the outstanding fraudulent school district bond debt never mind to reduce the principal of the fraudulent school district bond debt.
6. As of the writing of this Article, the idiot, ignorant, socialist mayor of NYC laid out two potential paths to close what he says is a $5.4 billion budget gap in New York City. 1.) Albany would raise taxes on the richest New Yorkers. 2.) “The City” (the idiot transfers the blame to ‘the City” vs the idiot) would raise property taxes for the first time since the late 2000s. The City could generate $3.7 billion by raising the property tax by 9.5%. This is not just an idiot socialist and not just socialism, this is the reason that proves the Importance of the Vexler Case to Texas and the U.S.  These socialists ignore the black letter of the law, create RICO (pay the tax or we will take the property) and have created Institutionalized Systemic Moral Hazard. 

socialists can’t add. Income Tax + Sales Tax + Property Tax + Corporate Tax + Special Hotel Taxes + Excise Tax = more taxes to pay for the fraudulent bonds and interest on those bonds. Will mass bankruptcies and or civil unrest be necessary to break the chain of continuous theft (socialist policies and socialism)?

Another 9% on top of all these taxes, with regard to income properties, may be the profit level of that income property meaning the difference of surviving or bankruptcy. Why? With income properties, every net dollar as a component of the Net Operating Income (NOI) would be divided by the then true market cap rate i.e. a 7-cap meaning 7% Rate of Return (ROI) all cash. That means that a $5,000,000 property paying 3% property tax would pay $150,000 in property tax (leave aside the fraud of overvaluation and over taxation for the moment). Now an increase of 9% would be $13,500 on top of the $150K. That $13,500 divided by .07 = $192,857.14 of lost property value proving socialism is theft, proving the Institutionalized Systemic Moral Hazard, and proving RICO under both State and Federal laws. Making the matter worse, would be a discussion about free cash flow which may not exist in the immediate future for many of these properties. Demanding more taxes from the Rich, the property owners, or anywhere they obtain the cash to cover-up their fraud, is the gateway drug for the socialists to demand more taxes from the home and condo owners. This is a binary decision. You stop them or they will bankrupt you.   

If the idiot were to claim he is not an idiot, then he should file the City of NY into bankruptcy to wipe the fraudulent school district bonds out and get the liabilities off the back of Mom and Pop. Detroit filed bankruptcy, so should NYC and so should every other city where the compound interest can’t be paid but for increasing property taxes in perpetuity which also means that there is zero probability of paying off the fraudulent principal. 

One might ask, how is the above possible and who could TRUST whoever or whatever system allowed this to occur?

TRUST is a very interesting word, because a single dollar is only worth what you TRUST it will allow you to purchase and or exchange that dollar for. This statement on TRUST is applicable across the Globe. Keep this in mind as we work our way through this Article.

The Hidden Propaganda socialist Model

Inflation (I) as a direct result of printing money not backed by assets creates an illusion of an expanding GDP utilizing public spending.

The Consumer Price Index (CPI) increases as a result of the inflation.  CPI, the big lie. The method of calculation has been modified so many times; it bears no resemblance to the initial concept. What is the true unemployment number?

Housing and Food (H&F) prices rise faster than an index at a multiple of the CPI index.

Purchasing power (PP) decreases because of inflation and the population becomes slaves to debt as a result of years of interventionist (socialist) policies.

Home Purchase Prices (HPP) increased, up over 100% in 5 years, because of the fraud committed at the Central Appraisal District and School Districts. Housing-related expenses (rent, utilities, maintenance) have risen by more than 30% in 5 years.

The “real shopping basket” of Essential Goods (EG) had roughly a 40% - 60% increase from 2019 to 2025.

Real Wages (RW) are falling and jobs are shrinking.  Net real wages, which have fallen by more than double because the government refused to index taxes to inflation and has sharply increased the fiscal burden of families and businesses thus putting 42,000,000 households in harm’s way of bankruptcy or losing the roof over their head. If this group of society is destroyed economically, so goes the global economy and so goes global TRUST.

Fraudulent Immigration (FI) cost the U.S. Taxpayers roughly $1 Trillion per year being roughly $64,000 per immigrant. That debt becomes debt within the U.S. Treasuries, that requires interest payments on that compound cumulative debt, and that interest continues, until such time as that debt can be paid off… where a method of payoff or paydown has not been shown to date.

socialism typically abolishes or severely restricts Private Property Rights (PPR). Without private ownership and the ability to reap personal rewards from effort and innovation, productivity declines, and economic stagnation follows.

When the state controls the economy, political elites (criminals) gain enormous power over resources and wealth. This leads to Corruption (C), as those in power use their position to enrich themselves while suppressing dissent. 

See article, Fed Analysis: CPI, The Ultimate Big Lie. The method of calculation has been modified so many times, it bears no resemblance to the initial concept. What is the true unemployment number?

As has been stated and shown in the Articles, Letters & Discussions section, the productivity being claimed in the delayed governmental reports is a statistical mirage.

In simple quantifiable terms, the formula is…

(I) ↑ (CPI) ↑ (H&F) ↑(HPP) ↑ (EG) ↑ (FI) ↑ (PPR) ↑ (C) ↑ = ↓ (PP) ↓ (RW) = Financial Disaster

Lower Purchasing Power + Lower Real Wages = Financial Disaster

In reality, even though I made up this formula, this model to one extent or another has been copied and utilized across the globe by many sovereign nations and states and can also be seen in NYC which is playing out today as seen in 6 above.  Regardless of what the government officially calls itself (authoritative, socialist, communist, quasi-capitalist), allowing unnatural government interference to the detriment of all society ends badly, and as has been stated, “socialism ends when you run out of other people’s money to steal”.

We are at the end, where the compound interest on top of the compounded fraudulent debt cannot be paid down or off. The math is the math, and no government can outrun the Rule of 72, or reverse amortization which is what they have created meaning they allowed the compound cumulative effect of interest on top of fraudulent principal, printing of money not backed by assets and at a local level, printing money using you and your property as their collateral against their crimes. On a local level, if you pay school district taxes, you are the equivalent of the Federal Reserve’s actual printing press which also suffers the exact same fatal flaw in that the Median Household Income does not exist to pay higher income taxes or higher property taxes.

This is what the Federal Reserve has done. See Chain the Doors of The Federal Reserve and Credit Analysis and Systemic Moral Hazard.

One quick question

Where exactly is the money going to come from to pay off or pay down roughly $5.1 Trillion in outstanding school district bond fraud across the U.S., given that on average, 8.6% of a household (owners and renters) effective gross income (EGI) is paid toward property taxes? 

Why socialism Fails and Why Printing Money Only Makes the Situation Worse

“When everybody owns something, nobody owns it, and nobody has a direct interest in maintaining or improving its condition. That is why buildings in the Soviet Union—like public housing in the United States—look decrepit within a year or two of their construction, why machines in government factories break down and are continuously in need of repair.” 
— Milton Friedman

socialism promises fairness, equality, and moral virtues, but behind the fraud lies the ruth which is bad leaders (snake oil salesmen demonstrating symptoms of Munchausen’s Syndrome) and socialism’s fraudulent theory which the antithesis of human nature and basic arithmetic.

People want fairness and dignity. However, the system’s logic (socialist theory) undermines itself, when everyone receives the same reward regardless of their individual contributions, the incentive to work ceases, and both money and people will go where they are treated best, which is the great equalizer.  For what other purpose would Zuckerberg be leaving California and moving to Florida?

“People don’t stop working out of laziness; they stop because their effort no longer is appreciated or matters. Once outcomes are guaranteed (which they never are because there are two sides to a general ledger), energy shifts from production to entitlement.”

Competition and personal ownership are the engines of progress and socialism destroys competition by removing incentive and creates inflation.  Inflation is caused by money printing, not backed with hard assets, then requiring the creation of and transference of liabilities onto the Citizens at both the State and Federal level in order to sustain the fraudulent promises which ends up destroying purchasing power, savings, and free speech simultaneously.

Justice

The desire for justice never dies. See Motion for Re-Hearing filed in SCOTX November 24, 2025. As you can see within these few pages, the case at the Supreme Court of Texas is so much larger and important, not just to Texas, but across the U.S. and any Country or State that chooses to hide behind sovereign immunity and ignore Ultra Vires while simultaneously creating bond debt which has no hope of ever being paid off. The idiot socialists on both sides of the isle created their own circular argument of financial disaster. Add more fraudulent debt on top of compound cumulative interest, lie to the public, demand more of the public’s assets until there are no assets left to steal, and the system implodes upon the fraud, or worse there is a societal collapse. Justice must be served, to restore public TRUST.  There is that persnickety little word again!

What is the ECP?

To understand the ECP, it is first necessary to outline the underlying concept. The Economic Calculation Problem (ECP) argues that socialism struggles to allocate resources efficiently without market prices, which are essential for determining supply and demand. This issue highlights the difficulties of central planning in a socialist economy, as it lacks the necessary information to make rational economic decisions. Economic calculation refers to the ability of businesses and entrepreneurs in a market to use available prices to predict or calculate the net profitability of economic projects by calculating expected profit and loss.  The goal of a business or entrepreneur is to turn a profit. Entrepreneurs are the driving forces of change in an economy, as they constantly innovate in a myriad of ways both large and small to create a cohesive offering that the consumer will utilize and or purchase.  Their expected profit is what determines which resources they use up.  Higher expected profits mean they expect to generate more value for consumers, and can thus afford to buy more expensive, in-demand, and scarce resources. Lower expected profits mean lower expected value generation, resulting in a constrained ability to use up valuable resources. While entrepreneurs can be mistaken, their correct guesses facilitate a process which drives economic progress, and the price system indirectly allocates resources to where they are expected to produce the most value.  socialism is the renunciation of a rational economy and government interference in private enterprise has proven to be completely misguided and expensive. Zerohedge had an interesting article on government interference / government subsidies https://www.zerohedge.com/personal-finance/when-government-subsidies-stopped-doritos-got-15-cheaper which is right to the point of ECP.

Conclusion

Capitalism will continue to outperform socialism in all cases as it has throughout history.  As Mises wrote in his magnum opus Human Action, “Socialism is an alternative to capitalism as potassium cyanide is an alternative to water.”

socialism fails because it struggles with the Economic Calculation Problem (ECP), which means that without market prices and private property, it cannot efficiently allocate resources or determine the value of goods and services. This leads to inefficiencies, shortages, and waste, as central planners lack the necessary information to make rational economic decisions. socialism was the creation of a drunk and a fraudster and raises its ugly head only to leave a trail of destruction behind it. socialism creates cultural decay. See the article, Cultural Decay.

But wait! There is more.

Supercomputers

Over the years of being a permanent student of the markets, watching billions of dollars being spent on attempts to game the market with black box financial equations, I have realized that socialism and the markets for that matter cannot be solved by supercomputers.  This is impossible at the metaphysical level because to simulate a market may actually change that same market, and may affect other markets due to correlation, including cross hedging, and thus rendering the simulation useless.  It's an infinite recursion problem that makes markets inherently unpredictable, and this recursion issue appears in all systems where predictions about a system have some degree of influence on that system.  I had this conversation earlier today about a waterfall event of profits occurring on a multi-tier financial limited partnership where a possible investor asked for a hypothetical scenario with what could be dozens of inputs all of which are made meaningless by what could be included and what could be excluded, rendering the entire hypothesis meaningless. This is why back testing options is not the most productive time spent because the output ignores what a human or group of humans may have done at that time or at multiple times throughout the options holding period. One of the inputs that can’t be measured is that of human psychology…being who had the weak hand and who was shaken out first.

The role of government includes enforcing laws and providing public safety. Anything else eventually leads to Institutionalized Systemic Moral Hazard due to lack of accountability, such as where the compound interest on the fraudulent debt (school district bonds and U.S. Treasuries) cannot be paid, never mind the paying off the fraudulent principal.  Societies have collapsed throughout history, where the debt is so great, the purchasing power disintegrated. 

See…

We Live in the World of Fraud and Fraudsters – How to Protect Yourself,

The Importance of the Vexler Case to Texas and the U.S.,

& the Amicus Brief.