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October 7, 2009
Next Stage of Cloward-Piven: Global Tax
Posted by Van Helsing at October 7, 2009 10:49 AM
Throwing people out of work and into government dependency with intrusive federal policies that could best be described as economic sabotage worked great for FDR, allowing him to rule as a quasi-dictator for a dozen years. But Comrade Obama has bigger ideas. His plan is to Cloward-Piven the economy into complete collapse, so as to pave the way for communism. To bring that off quickly, it will be helpful to put the entire planet on welfare, so that the massive weight of the poverty caused by socialist dictators around the world may crush the American taxpayer. The IMF is only too happy to help by levying a global tax.
The International Monetary Fund, acting at the behest of leaders of the Group of 20 nations, is examining how a tax on financial institutions could be applied globally. …
Neither the size nor use of revenue from such a tax has been decided. Brazil's finance minister, Guido Mantega, said when ministers met in Pittsburgh recently they discussed using proceeds to help finance developing countries during crises. Another possibility, discussed in a recent IMF report, would be to "pre-finance a bailout fund" to handle financial institutions deemed "too big to fail."
That is, when foreign governments inflict socialist power grabs like Chairman Zero's seizure of GM and Chrysler, Americans will be sent the bill. Looting the "financial sector" means looting you, since any shortfalls suffered by Goldman Sucks and friends will be made up with free money from their Big Government cronies. After all, the financial sector is too big to fail — and too well connected.
In case anyone imagines that money handed over to the IMF will go anywhere but straight down the toilet:
Last year, World Bank President Robert Zoellick urged sovereign-wealth funds and state-owned pension plans to invest 1% of their holdings in equity in sub-Saharan Africa, a proposal he called a "1% solution."
This is great news for Robert Mugabe, who could always use a new palace or two.
As Cliff Kinkaid notes, global taxes may hit us before we see them coming:
One can't exclude the possibility of such a tax being slipped into a health care or cap-and-trade bill that the Congress or the public could not have time to read before passage.
After all, Demonrat Congresscritters can't be expected to read the laws they rubber-stamp on behalf of Chairman Zero, who unsurprisingly is completely on board with plans to enslave American taxpayers on behalf of the world community.
The "Leader's Statement" endorsed by President Obama and released at the [Pittsburgh G-20] declares on page 10 that "We task the IMF to prepare a report for our next meeting with regard to the range of options countries have adopted or are considering as to how the financial sector could make a fair and substantial contribution toward paying for any burdens associated with government interventions to repair the banking system."
The term "fair and substantial contribution" is code for a global tax.
Naturally our moonbat rulers will spin the tax as an attack on the capitalist fat cats their media enablers relentlessly demonize. But the bill will be passed along to normal Americans.
One proposal, popular at the United Nations for decades and long-advocated by Fidel Castro, is the Tobin Tax, named after Yale University economist James Tobin. Such a tax, which could affect stocks, mutual funds, and pensions, could generate hundreds of billions of dollars a year. Indeed, Steven Solomon, a former staff reporter at Forbes, says in his book, The Confidence Game, that such a proposal "might net some $13 trillion a year…" because it is based on taking a percentage of money from the trillions of dollars exchanged daily in global financial markets.
The percentage looted will inevitably creep upward, as with all taxes.
Meanwhile, President Obama used his recent speech to the United Nations to declare, "We have fully embraced the Millennium Development Goals." He left unsaid what this means. It has been calculated that this will cost the U.S. $845 billion to meet U.N. demands for a certain percentage of Gross National Product to go for official foreign aid to the rest of the world. Compliance with the Millennium Development Goals (MDGs) was incorporated into the Global Poverty Act that Obama had introduced as a U.S. senator but which never passed.
A global tax of the kind envisioned in the G-20 document could help provide the revenue to fulfill Obama's promise to comply with the MDGs.
If you think our economy is staggering now, wait until the Community Activist in Chief loads the entire world onto its back.
On a tip from Sal.
Comments
Is it just me, or is Ron Paul's idea of American isolationism looking better every day?
He's never been my first choice, obviously, but he'd be a dern site better than what we're stuck with now, for God only knows how long.
Posted by: Nunya at October 7, 2009 11:48 AM
Hell, I'd rather have a garden gnome as my President than this trash...
Posted by: Fuzzlenutter at October 7, 2009 11:53 AM
How do we know this tax (and others) hasn't already been signed into law...buried deep inside Stimulus 1?
@Fuzz:
Forget the garden gnome, we've already got the Lantern-holding Garden Jockey as President.
Posted by: Sylvia at October 7, 2009 12:01 PM
Forget the garden gnome, we've already got the Lantern-holding Garden Jockey as President.
Ouch!
Posted by: Rob Banks at October 7, 2009 12:17 PM
Is it just me, or is Ron Paul's idea of American isolationism looking better every day?He's never been my first choice, obviously, but he'd be a dern site better than what we're stuck with now, for God only knows how long.
Posted by: Nunya at October 7, 2009 11:48 AM
Ron Paul is nowhere close to being an isolationist.
A piece from Paul's house.gov website:
Free trade with all and entangling alliances with none has always been the best policy in dealing with other countries on the world stage. This is the policy of friendship, freedom and non-interventionism and yet people wrongly attack this philosophy as isolationist. Nothing could be further from the truth. Isolationism is putting up protectionist trade barriers, starting trade wars, imposing provocative sanctions and one day finding out we have no one left to buy our products. Isolationism is arming both sides of a conflict, only to discover that you’ve made two enemies instead of keeping two friends. Isolationism is trying to police the world but creating more resentment than gratitude. Isolationism is not understanding economics, or other cultures, but clumsily intervening anyway and creating major disasters out of minor problems.
The government should not be in the business of giving out favors to special interests or picking winners and losers in the market, yet this has been most of what has consumed politicians’ attention in Washington. It has reached a fevered pitch lately and it needs to end if we are ever to regain a functional and prosperous economy.
That is not the definition of an isolationist.
Posted by: Jake at October 7, 2009 12:23 PM
In terms of the econony, Obama needs to just run the offense
Posted by: All Mi T at October 7, 2009 12:27 PM
Why else did they create the UN for the whole UN was the brainchild of the CFR the Un is NOT FOR WORLD PEACE the Un is a vulture pretending to be a dove
Posted by: Spurwing Plover at October 7, 2009 12:49 PM
Aren't we already paying a "global tax"?
It's called "Foreign Aid".
Posted by: Jimbo at October 7, 2009 1:39 PM
bozobama might be leaning toward Cloward-Piven, all indications are that the rest of the country might be leaning toward Smith&Wesson if they are going to be continually ignored!
Posted by: Bill at October 7, 2009 1:53 PM
Mean while, Chicago-a city in debt for $10B-was granted $18B today to fight youth violence by the Justice Dept today. How convienant since they missed the Olympics.
Posted by: Tom at October 7, 2009 2:38 PM
NO NO NO. None of the effort to fight youth crime will include buying Valarie Jarretts slums. Nooooo
Posted by: Tom at October 7, 2009 2:40 PM
Thanks Jake. Who was I thinking of, that was isolationist? The Libertarians mebbe? *shrugs*
Posted by: Nunya at October 7, 2009 3:21 PM
Tom, the BEST way to fight youth violence is with Bill's method. $18B buys a whole lot of Bill's method.
@Sylvia
My Jockey has been missing since January. Mystery solved!
Posted by: Spanky at October 7, 2009 3:23 PM
Tom, you missed the memo, Jarrett's slums will be converted into youth housing for the Obama Civilian Defense Corps. It solves two problems, 1. Where to house the young fascists, and 2. How to make sure that Valerie gets her payoff for all those slums she bought up, on O's advice, that would have been "Olympic Villages".
Posted by: UpNorth at October 7, 2009 3:42 PM
Obama's Global Poverty Act
Subscribes to the Millenniumm Goals of the UN - that's global gun control as well as population redistribution.
Think I'm kidding?
Agenda 21 - READ IT
Posted by: Joe Lender at October 7, 2009 5:33 PM
Does anybody out there have any memory of the reason given for the establishment of the DEPARTMENT OF ENERGY during the Carter Administration? Anybody? Anything?
It was very simple...
And at the time everybody thought it very appropriate...
The 'Department of Energy' was
instituted on 8- 04-1977
TO LESSEN OUR DEPENDENCE ON FOREIGN OIL
ITS 2009, 32 YEARS LATER AND THE BUDGET FOR THIS NECESSARY DEPARTMENT IS AT $24.2 BILLION A YEAR
IT HAS 16,000 FEDERAL EMPLOYEES AND APPROXIMATELY 100,000 CONTRACT EMPLOYEES
AND LOOK AT THE JOB IT HAS DONE!
Ah, yes, good ole bureaucracy... And NOW we are going to turn the Banking System, health care, AND the auto industry over to them?
ARE WE STILL KEEPING TABS ON WHAT OUR CONGRESSMEN ARE VOTING FOR?
Posted by: TED at October 7, 2009 5:48 PM
Last year, World Bank President Robert Zoellick urged sovereign-wealth funds and state-owned pension plans to invest 1% of their holdings in equity in sub-Saharan Africa, a proposal he called a "1% solution."
So does this make the UN 1%ers? If you read this section about the 1%ers (gender and race) it sure sounds like how they run things.
Posted by: ccs at October 7, 2009 5:58 PM
$18B to fight youth crime? I think it can be done.
For about $1000, you can buy yourself a new Glock, a holster, sufficient ammo, and CCW training courses.
That $18B will be enough to arm 18 million law abiding citizens with the tools of countermoonbattery.
Since Glocks last forever and their use swiftly thins the herd of felons, this is a solution to the problem, unlike flushing $18B down an ineffective bureaucracy that will need more money in a few years once the problem becomes worse.
Unfortunately, the subjects living in the Peoples' Republic of Illinois are not permitted to actually solve problems by protecting themselves against violent felons. Only bureaucracy is allowed to protect those people, and bureaucracy is designed to protect you from yourself.
Second Amendment - 1
Statist Moonbattery - 0
Posted by: Anonymous Countermoonbat at October 7, 2009 6:13 PM
Here's another no brainer from DHS
http://thehill.com/blogs/congress-blog/homeland-security/61991-10-percent-of-borders-are-under-control-and-dhs-has-no-plans-to-expand-control
10 percent of borders are under control, and DHS has no plans to expand control
And this from chucky DaSCHMUCK Schumer
“Operational control of our borders – through significant additional increases in infrastructure, technology, and border personnel – must be achieved within a year of enactment of legislation.”
This statement is the give away "must be achieved within a year of enactment of legislation."
The minute this bill hits the floor would be like firing the starting cannon during the Oklahoma land rush except this rush would be from south of the border and it wont be a rush for just land it will be all the free benny's as well, consider what is happening now as to what it would be, watch a few of these videos of a small section of the border(10mi)http://www.borderinvasionpics.com/index.html
And this would be opperational control?
Wouldn't want to interrupt the flow of potential voters or health care recipient's!
1. http://www.americanpatrol.com/09-FEATURES/091002-FEATURE/Photo091002.html
2. http://www.americanpatrol.com/ABP/PHOTO-OF-THE-DAY/2009/ARCHIVE/090930.html
For an idea of what opperational control isn't check this sector map out from San Diego-Brownsville
click on any of the yellow dots along the border and then click on any of the #dots within that sector to see what has actually been done as fasr as a fence.
http://americanpatrol.com/ABP/SURVEYS/BORDER-2009/Border-Main-20009.html
Posted by: Bill at October 7, 2009 6:14 PM
Obama's Global Poverty Act
Subscribes to the Millenniumm Goals of the UN - that's global gun control as well as population redistribution.
Joe Lender
Joe he's trying a backdoor approach as well via the OAS http://www.oas.org/juridico/English/treaties/a-63.html
INTER-AMERICAN CONVENTION AGAINST THE ILLICIT MANUFACTURING OF AND TRAFFICKING IN FIREARMS, AMMUNITION, EXPLOSIVES, AND OTHER RELATED MATERIALS
Posted by: Bill at October 7, 2009 6:39 PM
If anyone has looked at the CBO estimate of the phantom Baucus bill...
It said it would cost $829B / 10 years (from time of signing). Disingenuous. The bill doesn't actually take effect until 2013, so the 10 year estimate of $829B is actually the 7 year cost.
Also, it would leave 25 million STILL uninsured. Using the magic, "out of Obama's ass" 47 million number (that keeps changing on a whim), that would mean that the bill would only cover 22 million people.
Do the math.
829B / 7 years = $118,428,571,428 / year
Now... $118,428,571,428 / 22 million people = $5,383 / person / year
So, tell me fellow Moonbattery readers... do you pay more than $5,383 per year for your health insurance?
Posted by: AmericanToTheCore at October 7, 2009 7:34 PM
"One world indivisible, ruled by liberals, financed by you."
I think you mean, "One World Government, ruled by Leftist Bolshevik Jews, financed by Goyim."
"There will be a world recession ..."
http://www.chabad.org/library/article_cdo/aid/332569/jewish/Belief-in-Moshiach.htm
Posted by: Anonymous at October 7, 2009 7:35 PM
ALL politicians suck like leaches, mosquitoes, and ticks.
Maybe that's because they are mostly lawyers?
Anyone who believes a word that comes from a politician's lips is a fool.
The picture makes the original OZ WW of the W look like a real fox.
Posted by: Jimbo at October 7, 2009 9:35 PM
Posted by: Anonymous at October 7, 2009 7:35 PM
Cram it, freak.
Posted by: Evil Otto at October 8, 2009 3:15 AM
"Bolshevik Jews"
that's an oxymoron, moron
Posted by: chuck in st paul at October 8, 2009 7:00 AM
do I detect the smell of 'Kos'kyites posting so that they can later say, "see... see.. they hate the JOOOOS!!!!"
Shove it, assholes. Israel may be the only Western nation left that has it's head screwed on right.
Posted by: hiram at October 8, 2009 10:18 AM
This sounds pretty conspiratory (One World Government)
PS: youtube "the Obama Deception" and "Fall of the Republic: the Presidency of Barack Obama"
Posted by: Dirty Harry at October 8, 2009 1:50 PM
