by Jeff Davis
The economic blog zerohedge.com
reports: “This idea that we live in a world where government cares
about us is just the biggest propaganda ever. Everyone will only pursue
their own self-interest.”
I’m amazed that ordinary Americans haven’t long ago set up a
guillotine on the Capital steps to deal with the politicians, who voted
for NAFTA, GATT and various Amnesty Bills. It seems as though treason is
the norm for D.C. and any Tea Party politician, who believes otherwise
is subjected to endless abuse and ridicule.
The article
continues “The OECD has come out and warned that if governments are
unable to stop the transfer of wealth to a small financial elite, the
displeasure of the dispossessed middle class could easily turn and go
against the prevailing governmental systems. The OECD has claimed to
have discovered the existence of a veritable ‘lumpenproletariat’ in the
supposedly rich Germany. Even though the systems attempt to provide
citizens with bread and circuses in the traditional Roman style to keep
them quiet, such tactics they warn may have now become obsolete after
the ultimate circus is over – the World Cup.”
“The problem with all of these studies is the look at class warfare
and not at the consumption of government. They do not follow the
breadcrumbs. What if you take everything from the élites? Who will start
businesses to create jobs? Who will be left to take as government
pensions keep ticking away. In Germany, it has now surpassed 50% of the
average persons labor goes to taxes.”
“There are a host of books coming out all about just taxing the rich
more ignoring reducing the cost of government. The German bestseller
‘The plunder of the world’ presents just another socialist agenda
arguing that the rich get richer even in times of crisis, while the
consequences of a crisis are always carried by the lower-income groups
and the middle class. It fails to explain that the rich get richer from
investment, not wage income. This is an argument to effective tax
investment substantially to even out the disparity? But who then creates
the jobs that produce anything? Is it that those who invest unfairly
make money when the others pay too much in taxes and do not invest?
Anyone who thinks that these books are real must be insane. If you think
for one second raising the taxes on the rich will mean your taxes will
decline – good luck. In Germany, Tax Freedom Day has passed the 50% and
even in Canada it is now June 9, 2014. In the United States it is April
21st for 2014.”
Tax freedom day is a lot later than April 21st for many Americans.
State income taxes and property taxes get added on top of federal taxes.
The ObamaCare scheme has added a 3.8 percent stealth tax to many
transactions.
As Margaret Thatcher once said, “The trouble with socialism is that eventually you run out of other people’s money.”
At some point in time, despite all the creative accounting and all
the smoke and mirrors, the federal government is going to run out of
money. There will be too many minority parasites for the government to
support with Section 8 housing, food stamps and welfare. We just saw the
city of Detroit go bankrupt. Detroit was 86 percent Black. Other
heavily non-White cities, such as Stockton and San Bernardino have also
gone bankrupt. When the percentage of White people falls too low, there
aren’t enough providers to pay for all the first world services like
police, fire departments, paramedics and public schools.
We’ve seen several majority non-White cities go bankrupt, and soon
we’ll be seeing majority non-White states like California going
bankrupt.
What will happen on that day in the future when the government simply
has no more money and can’t raise any more because they’ve killed all
the geese that laid the golden eggs? Perhaps we should look to Haiti or
Columbia or Zimbabwe for the future of America. If you fill up a
once-White nation with Third World people, eventually, your nation will
become a Third World country.
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