What they do.
They smile in your face.
All the time, they want to take your place.
Backstabbers - the O'Jays
A graphic that will help you understand the massive debt that Obama and his Socialists made YOU responsible for.
Hat tip – AGB.
Congressman Scott Garrett - Top ten reasons why ObamaCare is unconstitutional.
Socialism is evil Capitalism
Karl Marx believed that the rich were monopolizing all the available capital thus cutting out the working population from opportunity.
He recommended the government take the capital from the rich through progressive taxes and distribute it to the workers - Socialism.
In Socialist America, the 16th amendment was passed in 1913 to do just that.
The amendment was sold to the people as a tax only on the super rich 1%.
However, unless you are in a feudal society, the rich do not actually have all the capital... you do.
Which is why within a few years the Socialist US government taxed everyone and used the Federal Reserve to steal even more of your capital and monopolize it for themselves.
The problem with Socialism is facing reality.
The government is made up of corruptible people.
If you give them the power to take the wealth from the rich, they will keep and monopolize it; and they'll take the worker's wealth too.
Just like in the Soviet Union. The politicians and the government become the evil, Capitalist, rich monopolists, cutting out the population from opportunity.
Here is how the Federal Reserve Note/inflation scam works:
The Socialists eliminate US Treasury dollars which are redeemable in gold or silver and replace them with Federal Reserve Notes denoted as dollars.
The Fed notes are redeemable in capital the government obtains by taxing you.
(The Fed notes are backed by Treasury bonds which are a promise of capital backed by the government's ability to tax the populace.)
So the Fed notes are a promise once removed. A promise on a promise to tax you.
Newly printed Fed notes represent no capital at all. All the available Capital is already promised and tied up in the previous batches of notes.
To capitalize newly printed notes, the government must either raise taxes or go back on it's promise and transfer some of the capital, which your note promised you, to the new notes.
Say each note represent 100 cents of capital. And let's say the government then prints 25% more notes.
Remember, the government has no capital of its own. It always finances everything with your capital.
It could raise taxes to get more capital from you to cover the newly issued notes, but you wouldn't like that and the politicians might not get re-elected.
Instead they capitalize the new notes by spreading out the promised capital from 100% of the notes to the now 125%.
100/125 = .80
The government reneges (goes back) on their promise to redeem 100 cents of capital on the dollar.
All your notes will now be redeemable for only 80 cents of capital to support the new notes.
They look the same and are denoted as a Dollar so people don't realize they represent less than a dollar of capital.
People eventually see the effect of the lessening of capital in their dollars as inflation in prices.
The government's promise to pay 100 cents of capital per dollar, is now a promise to pay only 80 cents of capital.
(as they say, it's not worth the paper it's printed on)
Dollar denoted prices rise to obtain the same 100 cents of capital from the dollar note that now only represents 80 cents of capital.
Socialist propaganda would have you blame the evil, greedy, rich Capitalists and merchants, not the government.
However, the truth is, the merchants are not actually charging you more capital. They are only compensating for the government's deceptive promise.
Stop the Socialist government's immoral theft that is draining your life and taking away your children's future.
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