WE Did Not Create the Deficit

 

We use the word WE as in WE THE PEOPLE did not create our nation’s deficit.

 

Ironically (or NOT) what no one wants to admit is how our government continually spends with no plans to curtail spending.

 

As a result, they have created a massive Ponzi scheme whereby they issue new debt every year to roll over the debt from the previous year.

 

Eventually, (and as history has proven) there will be no buyers, and that is precisely how nations fail.

 

And when nations are in the process of failure, they accelerate their theft of the citizens.

 

Cue Up:  The O’Biden administration’s new INSANE tax theft proposal to implement a 44.6% tax on capital gains. 

 

This would be the highest tax on capital gains in our nation’s history.

 

 

Did Not Create the Deficit

 

 

As expected, the Boyz in the District of Caligula say this tax is necessary to address the looming national debt.

 

But what they don’t say is how our near $35 Trillion in debt is mathematically impossible to pay off.

 

And upon closer inspection they are simultaneously implementing measures to ensure that our nation falls deeper into debt.

 

It’s hard to imagine these morons not figuring out that by perpetually issuing new debt to pay for the old is equivalent to a Ponzi scheme that WILL FAIL.

 

 

Bernie Madoff Was a Piker

 

 

Ironically (or NOT) it took the feds decades to figure out that Madoff was running a Ponzi scheme.

 

And for decades his clients NEVER suspected there was anything wrong about their accounts never losing money?

 

During the process, Jamie Dimon, CEO JP Morgan very conveniently “turned the other cheek” when it came to Madoff running billions through his bank.

Ironically (or NOT) Dimon never suspected anything was wrong with how Madoff ran his business?

 

LOL!

 

We wonder:  Did it have anything to do with JP Morgan’s profits?

 

And everyone talks about the losses of $65 Billion charged against Madoff…but no one ever mentions how much money was recovered.

Hmmmm!

 

Let’s do some math.

Try comparing $65 Billion over three decades to any of the last “Stimulus Bills” – approximately $6 TRILLION in one year – and you come up with peanuts by comparison.

 

So, who are the real criminals here?

The guy who ripped off several thousand greedy investors.

Or our Congress Critters who continue to bilk over 300 Million citizens every year.

 

And who now want to implement an insane new Capital Gain Tax of 44.6%?

 

Needless to say, this will have a devastating effect on the markets.

 

Because, in effect, it will be punishing investors for being successful.

 

As we have said MANY TIMES in the past, this is a prelude to nations (around the globe) defaulting on their debt.

And it’s not a matter of IF…it’s a matter of when.

 

Don’t get caught up in the frenzy while the Boyz pick your pocket.

Instead, read our upcoming May issue of “…In Plain English” (HERE) to learn how to protect your capital gains from this outright theft.

 

Share this with a friend…even if they’re not an investor.  They’ll thank YOU later.

 

And tell them:

 

We’re Not Just About Finance

But we use finance to give you hope.

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Bought with western money meme