The U.S. Stealing of Russian Yachts
Given the U.S. government’s increasing financial difficulties, we can expect extremely vicious behavior on the part of federal officials to bring money into the regime. What U.S. officials are currently doing to Russian billionaires provides a clue as to what they are likely to do Americans as the federal government’s financial situation worsens.
The federal government is spending more than $1 trillion per year than it is bringing in with taxes. That means that, every year, it adds more than $1 trillion dollars to the federal debt load. There is no possibility that the Pentagon, the CIA, and the NSA will permit Congress to significantly reduce the largess that is being flooded into their section of the federal government. There is also no possibility that the people on the welfare-state dole are going to permit Congress to reduce their welfare largess.
The national debt is now over $31 trillion. You can rest assured that when the debt ceiling is soon reached, Congress will raise it again, which will enable federal officials to continue adding to the government’s debt.
That is the whole point of hiring those tens of thousands of new IRS agents. Their job is to go out and squeeze American taxpayers out of every available dime to increase tax revenues to help shore up the finances of this voracious welfare-warfare state machine. If a major financial or monetary crisis were to hit, don’t be surprised if federal officials decide to seize people’s retirement accounts and replace them with bonds. If they could seize people’s gold, which was once the nation’s official money under the Constitution, they can e
Article from LewRockwell