“Stealing from capitalists is our historical duty,” I also often heard my former boss, Nicolae Ceausescu, shout as he banged the table with true Khrushchev-like fervor.
Both leaders rose to lead their countries without ever having earned a single penny in any productive job. Neither man had the slightest idea about what makes an economy work. And each sincerely believed that stealing from the rich was the magic wand that would cure all his country’s economic ills. Their vaunted “historical duty” was rooted in Marx’s Manifesto of the Communist Party, which urged its followers to “eradicate capitalism” by progressive income taxes and abolition of all rights of inheritance.
Last September, I could hardly believe my eyes. The president of the United States asked the extraordinary joint session of the U.S. Congress to impose an additional super-tax on “rich people.” In other words, to make “stealing from capitalists” an official policy of the United States, whose Declaration of Independence emphatically states that “all men are created equal.”
James Madison, author of the U.S. Constitution, must have turned over in his grave. He once wrote:
I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on objects of benevolence, the money of their constituents.
Samuel Adams, one of the founding fathers of the United States, also clearly stated:
The utopian schemes of leveling [i.e., redistribution of wealth] … are arbitrary, despotic, and, in our government, unconstitutional.That memorable day of September 8, 2011, when the U.S. president tried to legalize “stealing from capitalists,” marked the 835th day that the Democrat-controlled Senate had failed to pass a U.S. budget. Even a mom-and-pop grocery store has to have a budget to keep its business running. Stealing can hardly be budgeted, however.
The economic collapse of the Soviet Union dramatically proved that stealing does not pay, even if it is committed by the government of a superpower. The Democratic Party’s reliance on redistributing America’s wealth instead of encouraging the production of wealth generated economic collapse as well. The GDP fell from 4.5% to 1.3%.
In my experience, the redistribution of wealth has always been presented as needed to help the poor, but it has usually been used by politicians to buy the votes they need to transform their electoral district or even their country into monuments to themselves...Please Read This Whole Story
H/T to New Zeal Blog
Prompter Image by Lee Vandenbrink
2 comments:
Great post! I'm going to link to it.
Thx Dean. This is what people need to see...Those who lived under communism warning us of the danger that awaits.
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