Author Topic: "There's plenty of money, it's just the government doesn't have it"  (Read 1342 times)

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Offline Glock32

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That's a quote from Minnesota moonbat musloid Keith Ellison. You would be hard pressed to more accurately and succinctly define Democratic economic policy.

Quote
Urban legend holds that Willie Sutton told a reporter that he robbed banks “because that’s where the money is.” Not to be outdone, Minnesota Congressman Keith Ellison recently made a similar observation. CNS News reports:

    Ellison was discussing his “Inclusive Prosperity Act” measure at the July 25th Progressive Democrats of America roundtable in Washington.

    “The bottom line is we’re not broke, there’s plenty of money, it’s just the government doesn’t have it,” Ellison continued, “The government has a right, the government and the people of the United States have a right to run the programs of the United States. Health, welfare, housing – all these things.”

    The “Inclusive Prosperity Act” would levy a sales tax on the trading of stocks, bonds and derivatives.


We can induce from Ellison’s comments that he believes the government cannot go broke so long as money remains in the private sector to be taken. In other words, your money does not belong to you. The state allows you to keep what you have and reserves the right to seize it for redistribution.

Benito Mussolini would be proud. The Italian dictator who coined the term fascism defined it as a system of government where the state exists for its own sake, subordinating the individual. Like Ellison, Mussolini spoke of the state as though it were a person, elevating its “will” above that of the individual. Ellison ascribes “rights” to the government — to “the people of the United States” — while denying the property right of individuals.

Having apparently learned nothing from his hometown of Detroit, Ellison proceeds as though the trading of stocks, bonds, and derivatives will be unaffected by his new sales tax. Even if individual traders continued their transactions unabated, the tax would remove an estimated $300 billion annually from the private economy. In private hands, that $300 billion gets deployed for an economic return. In Ellison’s hands, it will be deployed for a political return.

A profound cowardice underlies Ellison’s position. Like the constituency he hopes to expand, Ellison seeks to avoid the risk-taking which those he would fleece must face for a chance at profit. While investors proceed without any guarantee that their effort will yield a return, Ellison proposes to feed off their attempt even before success is achieved. Transcending the evil of the income tax, which punishes citizens for their audacious efforts to survive and thrive, Ellison’s “Integrated Prosperity Act” seeks to tax citizens for merely trying to earn something, regardless of whether they actually do.

He might as well tax breathing. Oh, wait…

And furthermore you can see their mentality on display, the total inversion of state and citizen. It's not a case of the state making do with what the citizens have empowered and funded it to do, no no no. It's a case of "the state has decided, it has decreed this, and it is now up to the taxpayers to deliver the goods", as if the taxpayer is the servant rather than the other way around.
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Offline BigAlSouth

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Re: "There's plenty of money, it's just the government doesn't have it"
« Reply #1 on: August 05, 2013, 04:19:12 PM »
. . . and the problem with Ellison's idea is that he will easily take from the producers, and give to the parasite class, in the interest of equality.
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Offline Predator Don

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Re: "There's plenty of money, it's just the government doesn't have it"
« Reply #2 on: August 05, 2013, 04:28:44 PM »
That's a quote from Minnesota moonbat musloid Keith Ellison. You would be hard pressed to more accurately and succinctly define Democratic economic policy.

Quote
Urban legend holds that Willie Sutton told a reporter that he robbed banks “because that’s where the money is.” Not to be outdone, Minnesota Congressman Keith Ellison recently made a similar observation. CNS News reports:

    Ellison was discussing his “Inclusive Prosperity Act” measure at the July 25th Progressive Democrats of America roundtable in Washington.

    “The bottom line is we’re not broke, there’s plenty of money, it’s just the government doesn’t have it,” Ellison continued, “The government has a right, the government and the people of the United States have a right to run the programs of the United States. Health, welfare, housing – all these things.”

    The “Inclusive Prosperity Act” would levy a sales tax on the trading of stocks, bonds and derivatives.


We can induce from Ellison’s comments that he believes the government cannot go broke so long as money remains in the private sector to be taken. In other words, your money does not belong to you. The state allows you to keep what you have and reserves the right to seize it for redistribution.

Benito Mussolini would be proud. The Italian dictator who coined the term fascism defined it as a system of government where the state exists for its own sake, subordinating the individual. Like Ellison, Mussolini spoke of the state as though it were a person, elevating its “will” above that of the individual. Ellison ascribes “rights” to the government — to “the people of the United States” — while denying the property right of individuals.

Having apparently learned nothing from his hometown of Detroit, Ellison proceeds as though the trading of stocks, bonds, and derivatives will be unaffected by his new sales tax. Even if individual traders continued their transactions unabated, the tax would remove an estimated $300 billion annually from the private economy. In private hands, that $300 billion gets deployed for an economic return. In Ellison’s hands, it will be deployed for a political return.

A profound cowardice underlies Ellison’s position. Like the constituency he hopes to expand, Ellison seeks to avoid the risk-taking which those he would fleece must face for a chance at profit. While investors proceed without any guarantee that their effort will yield a return, Ellison proposes to feed off their attempt even before success is achieved. Transcending the evil of the income tax, which punishes citizens for their audacious efforts to survive and thrive, Ellison’s “Integrated Prosperity Act” seeks to tax citizens for merely trying to earn something, regardless of whether they actually do.

He might as well tax breathing. Oh, wait…

And furthermore you can see their mentality on display, the total inversion of state and citizen. It's not a case of the state making do with what the citizens have empowered and funded it to do, no no no. It's a case of "the state has decided, it has decreed this, and it is now up to the taxpayers to deliver the goods", as if the taxpayer is the servant rather than the other way around.


I bet that was a happy childhood.
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Offline Libertas

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Re: "There's plenty of money, it's just the government doesn't have it"
« Reply #3 on: August 06, 2013, 07:28:27 AM »
He is a thoroughly repulsive individual...well, not a real individual, like all leftists he's just a drone, but a decidely anoying and loathsome drone...

Makes one want to whip out of big can of Raid!

Big cans for everybody...get the drones!
We are now where The Founders were when they faced despotism.

Online benb61

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Re: "There's plenty of money, it's just the government doesn't have it"
« Reply #4 on: August 06, 2013, 09:40:46 AM »
He's a mooslam too.
Eschew Obfuscation

Offline warpmine

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Re: "There's plenty of money, it's just the government doesn't have it"
« Reply #5 on: August 06, 2013, 10:14:29 AM »
He's a mooslam too.
I thought he was a sand nigga
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Offline Glock32

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Re: "There's plenty of money, it's just the government doesn't have it"
« Reply #6 on: August 06, 2013, 11:08:37 AM »
As an aside, I'm so glad Jeantel has clarified the proper use of that word for us all.  Me and all my niggas at IAL.
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Offline AlanS

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Re: "There's plenty of money, it's just the government doesn't have it"
« Reply #7 on: August 06, 2013, 11:26:03 AM »
As an aside, I'm so glad Jeantel has clarified the proper use of that word for us all.  Me and all my niggas at IAL.

Word. We homies.
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Offline Libertas

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Re: "There's plenty of money, it's just the government doesn't have it"
« Reply #8 on: August 06, 2013, 11:44:43 AM »
As an aside, I'm so glad Jeantel has clarified the proper use of that word for us all.  Me and all my niggas at IAL.

Word. We homies.

Hey, with Trayvon gone the handle "No Limit Nigga" be available!   ;D
We are now where The Founders were when they faced despotism.

Offline warpmine

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Re: "There's plenty of money, it's just the government doesn't have it"
« Reply #9 on: August 06, 2013, 06:59:30 PM »
As an aside, I'm so glad Jeantel has clarified the proper use of that word for us all.  Me and all my niggas at IAL.

Word. We homies.

Hey, with Trayvon gone the handle "No Limit Nigga" be available!   ;D
Great, anyone want to claim that?
Obama has already claimed the No F**king Brain Nigga in addition to the In the Bunghole Nigga, Reggie Love used as a pet name ::hysterical::
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Offline Glock32

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Re: "There's plenty of money, it's just the government doesn't have it"
« Reply #10 on: August 06, 2013, 09:41:56 PM »
I think Tray-von is now "Hard Limit Nigga".  He found out there is a limit, and a pretty damn hard one.
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Offline Libertas

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Re: "There's plenty of money, it's just the government doesn't have it"
« Reply #11 on: August 07, 2013, 06:53:27 AM »
Heh!
We are now where The Founders were when they faced despotism.