I have long said that the Looting of America makes the Sacking of Rome look like someone atealing a pack of gum from a 7-11.
Crumbs are being tossed to the 'helpers' (a few million here, a few billion there), but I think very few people can comprehend that the current level of borrowing would make three million people millionaires, (three trillion dollars), and that this is being done to 'redistribute' that as yet uncollected tax money to bankers, union bosses, and other fellow travellers.
Siphon off a mere 1% of one trillion dollars and you are a billionaire--at a tenth of 1% (one dollar out of every thousand), a hundred million dollars.
It is a fundamental of business that you make money on either the margin (profit margin) or on volume.
The looters have need of such a small percentage of the huge total to line their pockets with millions of dollars, and the potential for theft is mind boggling.
The looting was planned, as far a s I can tell, all the way back to 2000. That’s what the Gore election debacle was all about..
Gore would have passed Cap N Trade...not doing so, the piranhas looted Fannie Mae and the mortgage banks..and through them..the US Taxpayer.
The US taxpayer...especially the BabyBoom ..paid into SS and Medicare for 40years. Medicare was just robbed with passage of ObamaCare....SS will be stolen by inflation in the next 10years.
The last looting that is still pending has to do with that little 1099 $600.00 reporting thingy in the DeathCare Bill. It’ll take a couple of years of analyzing where the bulk of those $600 expenditures lay before going after that.
The way in which we concentrate and centralize financial data along with IRS reporting requirements have set us up for this.