Rising Costs are Hidden Tax on Everyone
Only the rich will pay for all the goodies I give you promises Obama. Yet everyone pays in rapidly rising costs for food, energy, building materials, healthcare and all goods and services. When the answer to insurmountable debt is creating money out of thin air the existing money becomes worth less and less and consequently buys less and less.
Obama’s real plan is to continue deficit spending which will then force an increase in taxation. His constant mantra has been tax the rich. Make everyone pay their “fair share.” Even though 47% of Americans pay no tax at all and according to the Congressional Budget Office (CBO), the average American in the top 1 percent earns 20 times what the average American earns, yet pays 40 times the taxes. This is Obama’s Marxist ideology.
“The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.” — Vladimir Ilyich Lenin
Former Chairman of the Federal Reserve Alan Greenspan summed up the ideology of the tax and spend socialist Democrats:
“Stripped of its academic jargon, the welfare state is nothing more than a mechanism by which governments confiscate the wealth of the productive members of a society to support a wide variety of welfare schemes. A substantial part of the confiscation is effected by taxation. But the welfare statists were quick to recognize that if they wished to retain political power, the amount of taxation had to be limited and they had to resort to programs of massive deficit spending, i.e., they had to borrow money,by issuing government bonds, to finance welfare expenditures on a large scale.” — Alan Greenspan
The Communist Manifesto dictates, among other things:
The abolition of private property (You didn’t build that)
A heavy progressive or graduated income tax (“fair share”).
Abolition of all rights of inheritance (death tax)
Centralization of credit in the hands of the state, by means of a national bank (Federal Reserve creates money out of thin air)
Centralization of the means of communications (Obama appointed a socialist sympathizer to the FCC)
Extension of factories and instruments of production owned by the state, (General Motors, Chrysler, banks, healthcare)
Free education for all children in public schools. (indoctrination centers that you are forced to pay for)
Welcome to Obama’s brave new socialist America.
Also please consider:
Fed’s Inflation Cliff is Next
Our Government-Created Financial Crisis
Obama Wants Unlimited Power to Raise Debt Limit, Bankrupt America
Entitlements are a Bigger Cliff
Has Obama Already Bankrupted America?
The Federal Reserve Is Systematically Destroying Social Security And The Retirement Plans Of Millions Of Americans
19 Reasons Why The Federal Reserve Is At The Heart Of Our Economic Problems
Unmasking the Federal Reserve
How QE3 Will Make The Wealthy Even Wealthier While Causing Living Standards To Fall For The Rest Of Us
Do We Really Need To Audit The Federal Reserve?
10 Things That Every American Should Know About The Federal Reserve
The Giant Federal Reserve Scam That Most Americans Do Not Understand
5 New Lies That The Federal Reserve Is Telling The American People
Beck Explains Why the Federal Reserve Is a Complete ‘Scam’
25 Signs That Middle Class Families Have Been Targeted For Extinction
I’m Worried
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