Government is Stealing Your Wealth and Planning For More

February 1, 2010 by Bob Livingston

If you watched the State of the Union speech last week you saw the hypocrisy of Barack Obama laid out in plain view.

He chided those who are already campaigning while having run a perpetual campaign for the last year. He called on Republicans to participate in the process while having locked them out for a full year. He played the American people for fools, saying they were against Obamacare because he had not talked about it enough and therefore the poor, unwashed masses just didn’t understand it. And he vowed to freeze spending while proposing more boondoggle projects that’ll require the Federal Government to print more money to pay for them. And then he did what he does best: He blamed George W. Bush.

After that, he vowed to go full steam ahead with what he’s done for the past year. That’s a prescription for disaster for the American people.

You would think that the political system would do everything possible to protect, above all, the producers and savers of wealth. Yet they are attacked from all sides. Obama and company are sharpening their knives now for a big roundup on the cattle farm.

Like Bush and presidents before him—and Congresses before this one—they steal the world with paper money that costs them nothing, yet they transfer guilt and heap ever more taxes on the people. They love the words “tax cheats” and “illegal foreign bank accounts.”

Yes, the foxes are in charge of the hen house. The people are pacified with propaganda, bread and circus. Why swallow all this hypocrisy and insult? The answer is that the people don’t know, and they don’t know that they don’t know. They are fed pacifism in their churches and pablum in their schools and they never ask questions.

The Internal Revenue Service (IRS) now wants 1,000 new agents to enforce more tax collections.

How can a minority criminal element make perpetual war on the majority? The answer is that they have propaganda and they have the guns. And don’t forget they have the printing presses to spew out fiat.

Do you know that it is a crime to try to keep what you earn and save? Just try to hold onto what “Uncle Sam” claims you owe.

I cannot believe the downright ignorance of even the most “educated” people about the nature of fiat paper money and how governments enslave the whole world with their hoax.

Think now! The American people strive to get education, they work their entire lives as professionals or non-professionals and they never so much as ask a question about paper money and how it transfers their labor and wealth to the government.

They don’t know that when they go to a commercial bank to get a loan that the bank doesn’t loan them money that it has in its vaults. It just writes you a check. The bank “makes a loan” with non-substance that costs it nothing, requiring you to use real collateral.

You have to give up or risk something for nothing. This is slavery, even though it has a pretty face. Bankers don’t look and act like crooks in the community. In fact they don’t even know what they are doing. They never question the system.

Is Obama forcing an exodus? Yes, companies and individuals will go elsewhere. Watch!

Well known tax attorney Marshall Langer says Obama plans a value added tax (VAT) like Europe has. Once started it will get higher and higher. These humanoids never tire of hypocrisy. Can you believe it? Yes, I believe they will implement the VAT. This will be a tax on everybody.

When you read nonsense like the government has new debt of $1.7 trillion, just consider it default. Fiat implies default the day it is created. What is wrong with us?

Regardless of what we want to think there is no such thing as government debt. He who prints the money has no debt. Yes, everybody else owes debt, except the Federal Government with the printing presses.

They call it a financial crisis, but what it is is a new war on savers who have found that they are now too poor to retire. They may have decided that their pension-fund managers deserved to be jailed.

Already many people have come to realize that they will have to work until they are 75 to 80. Governments are going to tax the living hell out of Americans as they inflate their own “liabilities” away.

There is no way to win in a rigged regime of paper money. It’s a perpetual treadmill.

Did you think that you would see this? General Electric and Berkshire Hathaway have lost their triple-A credit ratings. Is this the world that we live in?

Yes, expect anything but prepare for inflation (a crashing dollar and serious depreciation of purchasing power). Prepare for more taxes and more bureaucratic oppression. You may see troops and armored cars in more places. You will hear the words “hoarders” and “speculators.”

But you know the meaning of the whole thing. It will be the rumblings and death rattle of a terminal regime trying to hold on.

Still, you should be buying gold coins and pre-1964 U.S. silver coins. You should be storing food. You should still get some money out of the U.S. while it is still legal.

Exchange your paper money now for much more paper money later, plus survival. Depreciation of the currency is going on now!