Home > Economic, Values > How to sieze half of your wealth, secretly, without the use of force

How to sieze half of your wealth, secretly, without the use of force

February 26th, 2009

Van Helsing over at RightWingNews hit the nail on the head with this one, here’s a clip:

Say Group A works hard and has created $1 trillion in wealth out of nothing. Group B smokes crack and watches Oprah, and doesn’t create any wealth at all. It receives food stamps, welfare, subsidized housing, et cetera, ad nauseam, but say Group B has no more wealth than it creates. If Chairman Zero wants to spread the wealth around so that both groups have the same amount, he doesn’t have to take half a $trillion from Group A. All he needs to do is give Group B $1 trillion dollars that doesn’t exist in the form of mortgage bailouts and stimulus packages.

Since the money doesn’t exist, the government will have to print it. Instead of $1 trillion dollars, there is now $2 trillion that represents $1 trillion of actual wealth. By making money worth half as much, Obama has effectively seized half of what Group A worked to create.

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