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alstry (36.04)

We Should TAX The Rich 99% of Assets!!!!

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November 03, 2010 – Comments (0)

We will soon owe the FED $3 Trillion dollars........

The primary reason the rich are rich is because the FED bailed out their investments and is loaning America about $1.5 trillion dollars per year....

A few years ago, the FED only had a few hundred billion on its balance sheet....now it has mushroomed into the trillions.......and much of this debt is now US Government debt......

and we as citizens benefitted from this debt.....and many got rich from this debt......so it seems only fair that we tax the rich who benefitted from this debt to pay it back.....because without the debt, the rich wouldn't be rich......

and now that the FED is going to loan us even more money through QE2.......it makes it even more urgent that we tax the rich quickly before the debt gets out of hand and the FED has a lein on the ENTIRE nation.......

remember....when the FED "buys" treasuries.....it becomes the creditor of the United States of America......and we as citizens owe that money.....and since the rich are the primary ones that gained from that debt....it only seems fair that they are the ones that pay it back.....

My suggestion......tax all assets over $1,000,000..... 99%.......although it won't pay down our debt completely.....it will be a good start.

Until the American people realize that the only reason our economy is functioning is because the FED is putting us into deeper and deeper debt.......somebody has to care.....

Do you think the homeowners that borrowed trillions ever thought the FED would stop lending to them?......and look what happened to home values......what do you think is going to happen when the FED stops lending to America......

my 99% tax suggestion will rise to 100%.......and there won't be a million dollar hurdle.

 

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