Skip to comments.Economic history repeating itself
Posted on 07/21/2010 11:06:45 AM PDT by horsappl
Inflation Fears Grow After Fed Prints $1.2 Trillion
Amendment Slipped Into Health Care Legislation Would Track, Tax Coin and Bullion Transactions
The Gold Confiscation Of April 5, 1933
On June 5, 1933, the United States went off the gold standard
Tracking wealth allows its confiscation, by means of taxation.
Taxation is a disincentive to own property, and create wealth.
Marxists create economic distress. If history provides evidence of failed solutions, repeating those solutions must be intended to bring about failure.
Libtard and Progressive revisionist do not believe that history repeats itself.... =.=
They really are stripping this country away from us at an alarming rate. I think it took Weimer Germany longer to fall.
The reason they are doing it may lie here:
They may be quite desperate.
>The Gold Confiscation Of April 5, 1933<
A repeat of that event will piss off plenty of Americans.
If I run up debt and can't pay my bills, then turn around and print money at home on a good copier, it's called counterfeiting and I go to jail.
If I am a CEO and I have more debt than I can reasonably ever pay back and lenders knock on my door, I get put into bankruptcy.
If I as a CEO spend the money of my shareholders on things they never signed up for, spend the money of my lenders on things they never agreed too, if I play shell games with the money and misrepresent things on my financial disclosures, I go to jail. Politicians call that a political process, a stimulus bill.........
What would happen if I as a business tried to coerce, intimidate or threaten people into buying my goods and services, as will be the case with health care?
How come in a time of economic hardship, those that are supposed to be leading by example vote themselves pay raises, complain about their jets that can't fly from DC to CA direct....... What would happen if I were a CEO of a auto company in financial trouble using my OWN corporate money (not tax money) and fly to a congressional hearing?
If I sell people something and use deceptive techniques and then completely give them something lese which they never asked for, it's called false and deceptive advertising.
There is something seriously wrong in this country, and it's neither the average citizen nor business. Our government seems to be a little bit like Chernobyl, a run away chain reaction that will lead to disaster.
Ah hell, why bother hide it anymore.
He sould put on a pair of tear dropped sunglasses, beret, and declare elections as being unneccessary.
It is being repeated, through taxation. Taxing gold devalues it, tracking it allows it to be taxed again through property taxes.
On the bright side, gold is portable, and a black market will sustain its value.
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