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acccordingly, to deny tax revenues to the Federal Government.
Petitioner’s trial memorandum states, in part:
the product sought to be developed by the partnership
here dealt simultaneously with politically driven
investment economics, and the computer software and
hardware industries which both underwent watershed
revolutions in the years since the product development
began. In spite of delays, the product has been
managed to professional engineering specifications,
and, a working prototype thereof attempts to solve at a
personal level what at this moment is the biggest
political issue of all, how to deal with government’s
relationship with the economy without depending on the
politicians, who may not be able to perform.
Knox testified:
Q. Could you explain to us how * * * [the
computer software] was supposed to work?
A. I had a background in political science and
financial planning, as well as law, and I had worked as
a financial planning rather--planner rather than as a
lawyer. And I was interested in the nexus between
government action and economics and investments, and I
had studied the--I’d done some reading and studying in
the--I’d become converted to some economic philosophies
that are founded in what’s called the Austrian School
of Economics, and became convinced that the government
deficit and spending problem was out of control at that
time and would eventually wreak serious consequences on
the economy, and that there existed investment
strategies that individuals could use to counter coming
distortions or upheavals that would affect their
investment portfolios.
Q. So what was the purpose of this product?
A. The purpose of the product was to give
people--the purpose of the product was to discover and
apply proprietary ways of measuring governmental and
political influence on the economy and use these
measurements to develop investment strategies that
would be used through the--through computer software,
so that people could use the computer software to
design investment strategies to counter political and
governmental influences in the economy.
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Last modified: May 25, 2011