reply to post by breadinspector
Isn't the statement that the citizens either don't care, are stupid to realize it or are somehow involved a bit exaggerated...
Can you imagine the kind of chaos that would swallow us all if we all suddenly decided that the system of tyrants and kings, presidents and power
brokers that is really the only thing that holds our civilization together at this point was suddenly decimated or destroyed?
It seems those tyrants ARE asking for a world wide revolt!
Monetary Fund Recommends Stealing Americans' Wealth Now!
This is NOT
a Conspiracy. I link directly to the IMF documents
and so does FORBES:
International Monetary Fund Lays The Groundwork For Global Wealth Confiscation
The International Monetary Fund (IMF) quietly dropped a bomb... It goes on to build a case for drastic measures and recommends a series of
escalating income and consumption tax increases culminating in the direct confiscation of assets.
Yes, you read that right. But don’t take it from me. The report itself says:
The sharp deterioration of the public finances in many countries has revived interest in a “capital levy”— a one-off tax on private wealth—as
an exceptional measure to restore debt sustainability. The appeal is that such a tax, if it is implemented before avoidance is possible and there is a
belief that it will never be repeated, does not distort behavior (and may be seen by some as fair). … The conditions for success are strong, but
also need to be weighed against the risks of the alternatives, which include repudiating public debt or inflating it away. … The tax rates needed to
bring down public debt to precrisis levels, moreover, are sizable: reducing debt ratios to end-2007 levels would require (for a sample of 15 euro area
countries) a tax rate of about 10 percent on households with positive net wealth. (page 49)”
Note three takeaways. First, IMF economists know there are not enough rich people to fund today’s governments even if 100 percent of the assets
of the 1 percent were expropriated. That means that all households with positive net wealth—everyone with retirement savings or home equity—would
have their assets plundered under the IMF’s formulation.
Second, such a repudiation of private property will not pay off Western governments’ debts or fund budgets going forward. It will merely
“restore debt sustainability,”
...The report’s most chilling aspect is the clinical manner in which it discusses how to restrict the mobility of the rich, along with the
inconvenience of factoring in their “well being.” Again, to quote the report
““Financial wealth is mobile, and so, ultimately, are
people. … There may be a case for taxing different forms of wealth differently according to their mobility … Substantial progress likely requires
enhanced international cooperation to make it harder for the very well-off to evade taxation by placing funds elsewhere.
“A revenue-maximizing approach to taxing the rich effectively puts a weight of zero on their well-being—contentious, to say the least. … If one
attaches less weight to those with the highest incomes, the vote would be to increase the top marginal rate.”
...capital controls and exit restrictions so the proverbial four wolves and a lamb can vote on what’s for dinner. That’s the only way to keep
citizens worried about ending up on the menu from voting with their feet. Again, straight from the report:
““There is a surprisingly
large amount of experience to draw on, as such levies were widely adopted in Europe after World War I.”
And we all know how well that worked out.
He is talking about the lead-up to WWII.
This is NOT "Tax the wealthy" it is tax EVERYONE with homes, retirement savings and other assets. This is not new BTW. Confiscation of IRAs and
401K was already floated as an idea back in 2010.
Private Retirement Accounts: US Departments of Labor and Treasury Schedule Hearing
AND there was the confiscation of citizen gold back in 1933
by FDR. LINK
The newest move is the Cyprus Haircut. Cyprus is NOT the only target.
The National Government are pushing a Cyprus-style
solution to bank failure in New Zealand which will see small depositors lose some of their savings to fund big bank bailouts...
Canada is also
considering a Cyprus style Haircut. Ottawa
weighing plans for bank failures: Federal government looking at 'Cyprus solution'
"Anti-Occupy" law (ends American's right to protest)
passed with only three NAY votes.
Seems the Congress Critters don't want to
have to pay the ultimate price for treason against the citizens of the USA.
No wonder the Department of Homeland Security is buying
Billion Rounds Of Ammo!
1.6 billion rounds means a hot war IN the USA
for over 20 years. Some of the ammo is hollow-point rounds,
forbidden by international law for use in war, along with a frightening amount specialized for snipers. The DHS is also buying an undetermined number
of the recently retrofitted 2,717 ‘Mine Resistant Protected’ MaxxPro MRAP vehicles for use on the streets of the United States.” These vehicles
will have have gun ports, withstand IEDs, mine blasts, and 50 caliber hits to the bullet-proof glass. for use ON US STREETS! Napolitano also sifts
emphasis from international terrorist threats to 'home grown terrorists' Meanwhile Citizens from Saudi Arabia, the nation which produced 15 of the
19 hijackers gets Red Carpet US confers ‘EZ-Pass’
status on travelers from Saudi Arabia
Napolitano has refused to build the wall mandated by US Law, has REDUCED the number of border patrol agents and reports directly to the Mexican gov't
where citizen spotters are located.
Hernández wrote a book about the drug cartels. What make Los Señores del Narco
different is it links the biggest criminal organisation in the
world, to the leadership of Mexico. www.theguardian.com...
ALSO SEE: Napolitano sets stage for False Flag Terrorist Attack
on 2-11-2013 by crimvelvet because: (no reason given)