Socialism Reality Check

As you know, true Socialists hate to use that name.  They prefer a more benign moniker for it, like “Social Democracy.”  Bernie Sanders is the most well known American Socialist today.  I have written several times here at about Socialism in preparation for that all out push for the U.S. to move to “Socialism Lite” as some call it in Europe.  “Knowledge is Power,” they say.  And Americans need to get a fundamental knowledge of all things Socialism so that as the quiet times that we are experiencing even now when our government tries to shove Socialist ideals down our throats, we know enough to hold up a hand and say loudly, “Not me!”

In that vein, do you know what the IMF is?  (International Monetary Fund)  From their home page here is THEIR description:  “The International Monetary Fund (IMF) is an organization of 189 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.  Created in 1945, the IMF is governed by and accountable to the 189 countries that make up its near-global membership.”

Sounds rather innocent, right?  But understand this, the IMF is headquartered in Washington D.C., is funded primarily by the U.S. Government, and exists in reality to find ways to control monetary policy within every country (or at least their 189 members) and “help” make policy that steadily and stealthily moves each government on Earth toward totalitarian rule.  (No, I am not a conspiracy theorist.  It is happening very publicly today and has been for at least 40 years)  They hate wealth and feel strongly wealth should be totally controlled by government.

Are you interested in what and how they do this?

The International Monetary Fund (IMF) is always the cheerleader to raise taxes to support government. They are instructing Germany to raise taxes and also talking about just imposing a 10% tax on all money that deposits in banks throughout Europe. Yes – you read that one correctly.

The IMF has told Germany it should raise its property tax, cut social welfare contributions and invest more to reduce income inequality. The demands are contentious in an election year. Once again the IMF has demanded higher taxes on savings deposits in Germany. Germany must do more to impose more socialistic ideals to somehow tax the rich to create a broader participation of all citizens in the fruits of economic growth — if somehow raising taxes actually ever creates economic growth.  The IMF warns that there is a relatively high tax burden on lower incomes with a comparatively low burden on assets.  And that’s not “fair” to lower and middle class citizens.

The IMF argues that higher taxes on property  are in fact necessary and that the government should demand higher wages to also give impetus to the growth in Germany.  Yet the say doing so magically creates NO inflationary impact. Years ago, Italy simply imposed a tax on money in one’s account.  This was called a “capital levy.”  This was a one-time charge as an exceptional measure to restore the sustainability of the Italian debt.  The IMF is also suggesting that same measure be invoked to help the coming Italian Sovereign Debt Crisis.  The attractiveness of such a measure is that such a one-time tax can be levied before a tax evasion can ever occur, especially if cash is eliminated and money can only exist in bank accounts.  The IMF for this reason wants cash and cash usage to be eliminated in every country.

     Bernie Sanders

The IMF has already calculated how much the measure would cost every Eurozone citizen:

“The amount of the tax would have to bring the European sovereign debt back to the pre-crisis level. In order to reduce the debt to the level of 2007 (for example in the euro area countries), a tax of about 10 percent is needed for every household.“  As you can see, there is NEVER any discussion about reducing taxes or the size of government.  The solution is always to raise taxes and to not even look at the old Italian trick of a 10% seizure of all cash in your account.

So what do we do?  Study, investigate, ask questions.  And point out your discoveries about Socialism to everyone who will discuss American politics with you.

Remember this:  there is NO — NOT ONE — example in World History of a Socialist government ever working.  The theory never works.

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