"Stealing, mugging, extortion and murder are simply not crimes when WE do it.”
Posted on 11/01/2009 4:41:19 AM PST by Daisyjane69
On Friday night's Hannity show on Fox, Rep. Michele Bachmann said (I believe) that an Arizona State University study reveals that in the last 9 months, the federal gov't has confiscated 30% of the private wealth of the country. She mentioned, of course, that adding health care to this would add another 18%, meaning almost 1/2 the wealth in the US would belong to the gov't. Does anyone know how to find this study? I can't find it.
(Excerpt) Read more at foxnews.com ...
wow scary stats there.
Change you can believe in. He did say that.
"Stealing, mugging, extortion and murder are simply not crimes when WE do it.”
I think the numbers are far higher than that. Most taxpayers, when you add up all the income, gas, property, excise, wealth and other taxes, already pay well over half their income in taxes at all levels. That alone means the government controls at least half of most peoples’ wealth right there.
when you look at it that way,we could all take pay cuts if government wasn’t so busy trying to redistribute our earnings.
not saying i want less money but sure as heck want less government.
“Does anyone know how to find this study? I can’t find it.”
Obama, the Marxist puke, probably stole that too.
Well, I’d like to make sure those numbers are right.
So I’m not crazy. Someone else heard it, right? I deliberately watched it twice, even calling my sweetie in Chicago to hear it on the replay to make sure I wasn’t nuts.
And yes, when you add all of what you included in, no doubt. But I believe that what she was getting at were positions in equities: shares of banks, auto companies, and all the other industries they are attempting to gobble up.
I’m dying to find that study. It’s why I’m up so damn late.
>> the federal gov’t has confiscated 30% of the private wealth of the country.
I don’t think it’s been confiscated. It has just disappeared (or in my case, converted to bullets).
I can’t find anything on Michelle’s site
The “Zimbabwe Strategy” without a shot fired.
I have no idea what this study says. However, it may be talking about the loss of private wealth due to drops in the value of real estate, stocks, etc. This has certainly happened, but I doubt it adds up to 30% of the total wealth of the country.
It should also be noted that the decline is from the artificially inflated prices of a bubble. IOW, the values of 2007 were not real, they were merely an illusion.
It is now being stored with his birth certificate, college transcripts, family history and any writings he may have done in his short life.
I looked there, also. If I and or “we” (that would be the royal FReeper “we” btw. LOL) don’t track the report down by Sunday night, I will call her office Monday.
Tain’t so. A good portion of nominal wealth has “disappeared” with the collapse of the stock market and fall in real estate prices but it has not been confiscated. They did raise my cigarette taxes and that’s a trillion or so out of my pocket.
I just sent a request to her office to provide us the link or to produce it on her web site as a PDF. If I get an answer, I’ll ping you on it.
Great job my friend.
Now we can start getting someplace!
*applauding wildly*
You know, you should change your name to Columbo. ;)
Thank you!
Btw, Rubio & Crist is the next battle. He’s great.
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