tag:blogger.com,1999:blog-1752027331714385066.post538369920621773626..comments2024-03-19T14:38:21.141-07:00Comments on Terra Forming Terra: Trump Rejects Socialism in Landmark Addressarcleinhttp://www.blogger.com/profile/05942529252160087271noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1752027331714385066.post-53720150524106721182019-02-09T11:38:42.925-08:002019-02-09T11:38:42.925-08:00This is hilarious. With U.S. local, State and Fede...This is hilarious. With U.S. local, State and Federal government budgets near $7.8 trillion annually, Trump is suggesting that we are still a capitalist nation and he is rejecting socialism. We have so many taxes and regulations no single person even knows them all. <br /><br />1. Our money is no longer free market derived. It's created by creating debt instruments. <br />2. A central bank is the 5th platform of The Communist Manifesto<br />3. A wall is a social program attempting to prohibit human migration. <br />4. A high progressive or graduated income tax is the 2nd platform in The Communist Manifesto<br />5. We have at least 110 different taxes and regulatory fees American must <br />6. FNMA, Freddie Mac, FHA and VA lending is all owned and controlled by the Government. <br />7. The Federal Reserve Bank since 2008 has had to purchase approximately $4.2 trillion in US Treasuries and Mortgage Backed Securities.<br />8. Our military budget alone is near $1 trillion annually if you add in items such as the Veterens Administration and the intellegence community.<br /><br />Socialism is predicated on taxation and the redistribution of wealth. The greater levels of redistribution of wealth the more socialistic you society is. The less taxation and redistribution of wealth the more capitalistic your society is considered. So, socialism is really a sliding scale depending on the overall levels of taxation and redistrubtion of wealth as a percentage of production.<br /><br />Now here's an interesting consideration and misconception. Do we count an F-35 jet fighter as part of total production (GDP) or as an expense to our society? When the U.S. government purchuses a jet fighter for our national defense, that is an expense to our society, yet it still applied to GDP because it is reported by a private or public company as part of their taxable productivity to the IRS and government. Yet it is funded by taxpayers through the social program of national defense. <br /><br />Donald Trump has no idea what he is generally talking about or he is purposefully attempted to mislead our society. Sadly with him, it is sometimes hard to tell which one. My personal opinion he's a scam artist of the highest degree and he has lots of company in DC. Hskiprobhttps://www.blogger.com/profile/17050426539773666816noreply@blogger.com