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