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65 Ways That Everything That You Think That You Own Is Being Systematically Taken Away From You

Everything that you own is slowly being taken away from you.  It is being done purposely and it is being done by design.  Many Americans like to think of themselves as "well off", but as will be demonstrated below, we don't "own" nearly as much as we think that we do.  The truth is that most of us have to frantically run around accumulating wealth as rapidly as we can so that we can somehow stay ahead of the rate that wealth is being taken away from us.  The entire system is designed to take what you have away from you.  There are many ways that this is accomplished - taxation, inflation, debt, interest, fines, fees, tickets, government seizures and good old-fashioned corporate greed.  If you tried to just sit back and do nothing but hold on to the wealth that you already have you would find out that it would disappear rather quickly.  When you take the time to really analyze our system the conclusion is undeniable - everything that you think that you own is being systematically taken away from you.

There is a reason why the wealthiest one percent of all Americans control 40 percent of all the wealth in the United States.  The system is designed to funnel all of the wealth to them and to the government.  Average Americans are experiencing a declining standard of living and it is not by accident.

Just check out some of the ways that our wealth is being taken from us....

#1 Do you think that you own your house?  You might want to think again.  Most Americans that "own a home" are paying a mortgage.  If you stop paying that mortgage you will lose that home.  Over a million American families were kicked out of their homes last year.  This year a million more American families will get the boot.

But when those families get booted out onto the street they don't get their down payments back.  They don't get all the mortgage payments that they have made back.  The banks get to keep all of the money and all of the houses.

Perhaps you don't have a mortgage.  Does that mean that you "own your home"?

No, not really.  Just refuse to pay your property taxes and watch what happens.  At best you can say that you have the right to rent your home from the government.

In any event, the reality is that the banks now own more of "our homes" than we do.  During the most recent recession, the total amount of U.S. home equity owned by the banks surpassed the total amount of U.S. home equity owned by the rest of us for the first time ever.

Things used to be far different in this country.  Once upon a time American families owned most of the houses and most of the land in this nation.

But now the banks own most of it.  Sadly, most American families that believe that they "own homes" are actually enslaved to 20 or 30 year debt contracts.

#2 Do you think that you own your car?  You don't own it if you are still making payments on it.  If you stop making payments you will rapidly lose that car.

But even if your car is paid off, you can only operate that car if you do the following....

*You must pay the license fee

*You must pay the car registration fee

*You must pay the emissions inspection fee

*You must pay the property taxes on that car (if that applies in your area)

*You must pay the tire taxes

*You must pay the gas taxes

If you have paid all of those taxes, then you are permitted to drive only where the government allows you to drive and only under the rules that the government sets for you.

But at least you "own" your car, right?

#3 What about your possessions?  Do you own them?

Well, yes, you probably own some possessions.

But that doesn't mean that they are not enslaving you.

After all, did you use a credit card to pay for any of them?

If so, you could end up paying much more for your possessions than you originally thought that they cost.

For example, if you only make the minimum payment on your credit card each month, a $6,000 credit card bill could end up costing you over $30,000 (depending on the interest rate).

#4 Do you own your education?  Well, it is undeniable that nobody can ever take it away from you.  But if you took out student loans that debt may end up enslaving you for decades.

The borrower is the servant of the lender and student loan debt is more of a financial drain on Americans than ever before.  Americans now owe more on student loans than they do on credit cards.  As hard as that is to believe, that is actually true.  Americans now owe more than $903 billion on student loans, which is a new all-time record.

#5 Will you protect your wealth if you put your money in the bank?

No, in fact your wealth will be systematically destroyed in the bank.

Inflation is a hidden tax on every single dollar that you own.  It destroys the value of all dollars in existence.  There are some Americans that have been saving money for decades, but those savings are being taxed into oblivion by inflation.  Many experts are now projecting that the average price of a gallon of gasoline will hit $5 by the end of the year.  So the next time you go to the gas pump just take a moment to think about how your wealth is being drained away by inflation.

#6 Insurance costs continue to soar.  After insuring everything in our lives many of us barely have any money left over to actually live our lives with.  In particular, health insurance premiums have become completely and totally ridiculous.  According to the Los Angeles Times, Blue Shield of California plans to raise rates an average of 30% to 35%, and some individual policy holders could see their health insurance premiums rise by a whopping 59 percent this year alone.  So how are American families supposed to survive if they keep on handing over bigger and bigger chunks of their income to the health care industry?

#7 State and local governments all over the nation have turned to ticket writing as a primary revenue source.  In fact, in some areas of the country traffic citations are soaring at a crazy rate.  For example, 110,000 more traffic citations were written in Los Angeles County last fiscal year than were written in the fiscal year immediately prior to the last recession.

The truth is that the police even realize what is going on.  Just consider the following quote from from Police Chief Michael Reaves of Utica, Michigan....

"When I first started in this job 30 years ago, police work was never about revenue enhancement, but if you’re a chief now, you have to look at whether your department produces revenues."

#8 Some states have decided to simply confiscate wealth even if nothing has been done wrong.  For example, the state of California is aggressively seizing "unclaimed" safe deposit boxes.  If you have a safe deposit box that you have not checked on in a while you might want to make sure that it is still there.

#9 You might end up losing your valuables when you cross the border.  It is being reported that U.S. border agents are now regularly seizing laptops and other electronic devices as people cross the border.  In many cases those items are never returned.

#10 If you don't pay your property taxes, you will lose your house and it will likely be a big Wall Street bank that will be taking it from you.  As I have written about previously, the big Wall Street banks are buying up thousands upon thousands of tax liens and are making a killing by socking distressed homeowners with predatory interest, outrageous penalties and almost unbelievable legal fees.

#11 Of course the biggest way that our wealth is being drained is through federal income taxes.  The reason that the Federal Reserve and the IRS were established back in 1913 was to redistribute wealth.  Wealth is transferred from the American people to the U.S. government and then ultimately to the elite and to the causes that the elite favor.

But federal taxes are only one of the taxes that we pay.  The truth is that the average American pays dozens of different taxes each year.  Just check out a few examples of the different taxes that drain our wealth....

#12 Accounts Receivable Taxes

#13 Building Permit Taxes

#14 Capital Gains Taxes

#15 CDL License Taxes

#16 Cigarette Taxes

#17 Corporate Income Taxes

#18 Court Fines (indirect taxes)

#19 Dog License Taxes

#20 Federal Unemployment Taxes (FUTA)

#21 Fishing License Taxes

#22 Food License Taxes

#23 Gasoline Taxes

#24 Gift Taxes

#25 Hunting License Taxes

#26 Inheritance Taxes

#27 Inventory Taxes

#28 IRS Interest Charges (tax on top of tax)

#29 IRS Penalties (tax on top of tax)

#30 Liquor Taxes

#31 Local Income Taxes

#32 Luxury Taxes

#33 Marriage License Taxes

#34 Medicare Taxes

#35 Payroll Taxes

#36 Property Taxes

#37 Real Estate Taxes

#38 Recreational Vehicle Taxes

#39 Road Toll Booth Taxes

#40 Road Usage Taxes (Truckers)

#41 Sales Taxes

#42 Self-Employment Taxes

#43 School Taxes

#44 Septic Permit Taxes

#45 Service Charge Taxes

#46 Social Security Taxes

#47 State Income Taxes

#48 State Unemployment Taxes (SUTA)

#49 Telephone federal excise taxes

#50 Telephone federal universal service fee taxes

#51 Telephone federal, state and local surcharge taxes

#52 Telephone minimum usage surcharge taxes

#53 Telephone recurring and non-recurring taxes

#54 Telephone state and local taxes

#55 Telephone usage charge taxes

#56 Toll Bridge Taxes

#57 Toll Tunnel Taxes

#58 Traffic Fines (indirect taxation)

#59 Trailer Registration Taxes

#60 Utility Taxes

#61 Vehicle License Registration Taxes

#62 Vehicle Sales Taxes

#63 Watercraft Registration Taxes

#64 Well Permit Taxes

#65 Workers Compensation Taxes

Even the future is being taken away from us.  The future is literally being stolen from our children and our grandchildren.  They will be inheriting the 14 trillion dollar (and still rising) national debt that we have accumulated.  What we have done to future generations is unthinkable, and yet we continue to endlessly borrow more money.  The Congressional Research Service estimates that the U.S. government will need to borrow $738 billion between April 1st and September 30th.  Faith in U.S. Treasuries is falling so rapidly that now the biggest bond fund in the world, PIMCO, is actually shorting U.S. Treasuries.

When you base an entire economy on debt, eventually you end up with money problems that never seem to end.  As a nation we are now enslaved to a vicious spiral of debt that is going to destroy everything that our forefathers worked so hard to build.

As the debt loads of our federal, state and local governments become even more burdensome, they are going to want even more money from us.  For decades we gave in to new tax after new tax thinking that it would finally satisfy them.  But it never seems to be enough.  They always want more.

It is the same thing with the banksters.  They are never satisfied either.  They always want more assets and they always want more Americans to be enslaved to debt.

Unfortunately, most Americans are so caught up in the "rat race" that they never take much time to think about who designed the race or why they are running it.

Hopefully more Americans will wake up and will realize that our entire economy and our entire financial system need to be reformed.  Our current system is inherently flawed and it will eventually impoverish the vast majority of us if we allow it to.

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  • mondobeyondo

    “His watchmen are blind: they are all ignorant, they are all dumb dogs, they cannot bark; sleeping, lying down, loving to slumber.

    Yea, they are greedy dogs which can never have enough, and they are shepherds that cannot understand; they all look to their own way, every one for his gain, from his quarter”.

    Isaiah 56: 10-11

    —————————

    Translation: The United States of America, 2011

  • Strato
  • http://MidgetTechnology tome

    “It” takes money to make money.

  • http://theeconomiccollapseblog.com Wood Burner

    As long as the government has the power (not the right) to send armed agents to your door for not paying one of their taxes (rent) on property that you “own”, they have claimed ownership of it. We have become nation of dupes clinging to the illusion that we actually possess property.

    At some point in time in our collective past Americans accepted the idea that it was somehow legitimate for government agencies to adopt gestapo-like tactics to harass honest citizens. Doesn’t matter whether it’s the IRS, DEA, local sheriff or any other of the myriad “legal” government entities is kicking your door in, essentially the citizenry is now owned by the government. We have become slave worker bees controlled by the collective.

    The only fair taxes are consumption taxes.

    Americans are beginning to remember that our rights are God-given and no man (or agency) has the power to take those rights unless we relinquish them. Sadly, through collusion, ignorance or acceptance, the majority of people in America have become automatons to the statist influences and do not recall what their responsibilities as Americans are.

    It is time for our once great nation to realize that the great experiment has failed. We are no longer a moral people and a constitutional republic is no longer suited for our governance. Prepare for what comes next.

  • http://roundaboutnowornever.blogspot.com/ Dion

    After Americans ‘wake up’, what then? What does a citizen do to push back against Gov-Corp? Once you wake up to the horrors of fascism in your own country, what do you do?

  • http://adamvamosi.blogspot.com adam v

    The point you brought up about housing is the reason why I will only rent. Owning a house is a myth. Unfortunately we do need people buying houses or the banks would suck them up and charge us renters any price they want.

  • http://thethoughtjar.blogspot.com Louis Ritchie

    Good article.

  • impeachRonPaul

    In tea baggers America, only the rich will own anything. They will take awat health insurance (see medicare and Republicans now),housing, and jobs.

  • Rob

    We all allowed this….we now need to take charge of it, and stop it. Unplug as best you can…stop mass consumption, and shop LOCALLY. Start producing consumables on a small scale in your community. Stop competing with the neighbors to have an appearance of having more than the Jones….that was intentionally placed in our pychies…work with the Jones, not compete. Share as many tools and vehicles in the neighborhood that you can. Downsize….take walks and spend evenings with neighbors. Join a good local church and become socialable. Learn all of the basic skills you can. Basic knowlege will be very desired…Imagine and prepare living without electriciy for periods of time. The more simply you learn to live, the better your life will be. It will be difficult, but it doesn’t have to be as bad as some people will make it….Best to you all and start doing as much for yourselves as you can.

  • http://economiccollapse Jackie R

    Very good article. People need to wake up. I look at everything I spend and adjust accordingly. Wherever I can I fight for all my rights. We have to fight back.

  • JohnT

    In Colorado (and probably other places), even if you own your vehicle outright, put it in a garage where it never sees the light of day and never, ever drive it, you still have to pay a property tax on it. If you don’t, you’ll be hit with fines, penalties and past taxes. Bottom line? You rent your vehicles from the state government.

  • Mark

    The parasite class loves taxes as that is what they live on.

  • Gary2

    Reversing tax giveaways to the super-rich and the nation’s largest corporations could raise $4 trillion within a decade and avert possible government closures, according to a newly released report.

    My money and standard of living is being taken away by the greedy rich and corporations. Lets cut bonuses and not teachers. Lets tax the wealthy to keep us healthy and tax the greedy to help the needy. (oops I guess that would mean taxing everyone on the right as their world view is me me me not we we we)

    81% in a recent poll-”RAISE TAXES ON THE RICH”
    to solve the budget issues.

    Tax the rich and spread the wealth. Its coming soon…

  • Mark Collier

    You might also add cable and cell phone fees and taxes to the list.

  • Don Levit

    Instead of keeping up with the Joneses, I am trying to bring them down to my level.
    My grandfather had a saying which seems to fit the theme of this terrific article: What you owe, you owe; what you own, you may not own.
    Don Levit

  • Gary2

    There will always be a minuscule minority in this
    country who believe that the right wing Republicans are
    not a bunch of selfish tools of the wealthy who hate
    most Americans. The problem is that that minuscule
    minority is able to convince the majority of Americans
    that some day soon they will become one of the
    minuscule minority.

    Tax the rich and spread the wealth! Its coming sooner than you think…

  • sharonsj

    You’ll notice that despite all these taxes and fees, we’re told that the federal and state governments are broke. Where is the money going? The biggest chunk of our budget is defense, and I use that term ironically. We aren’t defending our country, we’re defending the military-industrial complex.

    We need to get out of Afghanistan and Iraq right now, but it won’t happen. Not as long as the politicians and the corporations make money off of war.

  • http://www.danielrevelationbiblestudies.com Robert Stout

    Outstanding article!!! Thanks again for keeping us informed about our economy in collapse!!!
    Here is a interesting video on the American dream that will really set a person up in a chair!! This is exactly what has happened and currently happening all over the world!!
    Go to YouTube and go to the subject line and put in: The American Dream by the Provocateur Network
    This was extremely well done in a cartoon form.

    Wake up folks before its too late!!!!!!!!!!!

  • Mr Carpenter

    Even after paying off a home, and religiously paying the property taxes on the home that you think you own (but the state does – because if you don’t pay your property taxes, “your” property is stolen from you, supposedly by “we the people”) – you don’t own it really.

    The government (again) can simply come in and declare “imminent domain” not only for (supposedly) government “use” but now, apparently, for private use (by cronies and friends of the people who are really in power, pulling the strings on the politicians).

    However, if you give up any thought of “your” stuff and concentrate on Christ, it is a lot easier to live with all of this blatant theft, chicanery, deception, and outright criminality surrounding us all. It doesn’t make it right, of course. But at leat, it is easier to deal with.

  • Ron Paul 2012

    To the ignorant human being above who wants to impeach Ron Paul and thinks this is the Tea Party’s doing, you need to watch Michael Badnarik’s Constitution Class which is free on youtube. He has been researching and teaching classes for years to try to educate people about the fact that they don’t own anything. Ron Paul is hip to this also, and it’s one of the reason he has been fighting so hard against the government’s intrusions into our property and privacy. There are those who claim to be “Tea Party” who are in favor of the government telling us what we can or can’t do with our bodies or our lives. They also favor endless foreign occupations that cost trillions of dollars and thousands of lives. They couldn’t be more diametrically opposed to Ron Paul!

  • Gary2

    “Middle-class America experienced a lost decade in their retirement accounts, whereas executives enjoyed record compensation packages through the subterfuge of stock option programs,” Mr. Meyer says.

    “There has been a massive wealth transfer from middle-class America’s retirement accounts to the bank accounts of the privileged few. The social consequences of this wealth transfer bear scrutiny.”

    Tax the rich and spread the wealth. It’s coming very soon…

  • DownWithLibs

    I hate how you never really own your property. Once it is “paid for”, you still have to pay taxes on it every year to the Gov. Can someone explain that to me? Does the Gov. own the earth that your property sits on and you have to pay them rent to keep your house, grass and trees on it? I just don’t understand that one. oh, and FYI – I have been seeing a record number of cops pulling people over for speeding here in my hometown. I guess that is how the state is going to make up for budget cuts!!

  • DownWithLibs

    Re: #6

    Can someone tell me how this “middle-man” named Insurance got between me and my doctor just to seemingly jack-up the price of everything I may need or have done in his office, clinic or the Hospital? I don’t recall inviting “him” along for the ride!!

  • Paul

    Well, don’t whine. You elected that government, right?

  • Terry

    I agree that we should stop handouts to the rich as well as everyone else, but not to redistribute wealth. As long as we are collectively a nation of moochers, the present system of handouts will continue (until we run out of other people’s money).
    I wish the banking system had completely collapsed in 2008. We would be almost three years into recovery.
    It looks like the best solution is a Soviet Union style divorce.

  • Terry

    The biggest chunk of the federal budget is not defense. It is “entitlements”.
    We should not exempt the baby boomers (technically I am one of them–born 1961) from any cuts in federal giveaways. They voted for these giveaways for decades while demanding that someone else pay the bill. I am running short on compassion for senior citizens. They are largely responsible for where we are financially as a nation.

  • 007

    Beware of the “tax the rich” crowd. The rich = you = anyone but them. They are the ones getting a government check and want you to keep paying for it. Bunch of lazy slugs.

  • 007

    Isn’t it funny how the liberal tax and spend crowd always want to tax and redistribute wealth. It is inconceivable to them that any of their economic problems could be a result of their own poor decisions or lazy life styles. The drunk or crack head does not wind up on the street by accident.

  • Chris

    It is much better to have a paid off house and pay a small amount of taxes to the county, which usually apportions it among the school district, than to continually pay rent for someone else’s assets for life.

    It is even better than that to not have property taxes on a house at all, and to have it paid off.. but that is extremely rare in America. Maybe with more people actively changing minds, perhaps in favor of a county sales tax to fund local ventures, this could shift to a more free society.

  • http://militantlibertarian.org/ John and Dagny Galt

    Perhaps these links will be of assistance:

    http://www.starvingthemonkeys.com

    http://mises.org/etexts/taxrob.asp

    http://www.absolutedespotism.com/stories/110323422/tax-rich-then-what

    Hopefully those will help folks understand that taxation is theft and America is Looterfestland…

  • http://www.atleisureatliberty@wordpress.com NickG

    Tax the rich you say? How do you think they became rich to begin with? They have lawyers, accountants, and politicians in their pockets. And you actually think they’re going to pay taxes?

  • http://Rebootsociety.wordpress.com USPatriot556

    Great article. All to true. This is a good one to send viral! Great work fellow Patriots!

    Its really sad to see how many folks just do not get it. It’s a blatant disregard of our founding documents.

    Everybody link to this article and send it to everyone you know.

  • Passerby

    Can’t take it with you in the end. In the meantime we just “redistribute” all the stuff around until God wants it back.

  • http://basspig.wordpress.com M Weiss

    I’m somewhat pleased to see so many comments here acknowledging the big fraud in America known as ‘home ownership’. I have known for a long time that you don’t own your home.
    First, they slip you with a small tax, perhaps 1 week’s pay a year.. in fifty years, that tax increases to 3 year’s pay and you are behind on and being called a tax ‘delinquent’ and having your name published in the local paper, like some sex offender.

  • InArizona

    gary2..your an idiot! Redistributing wealth from the rich to the poor is a farse! All that is accomplished is the misery is evenly distributed. I guess that would be the “progressive goal”. But, how does making everyone suffer in America improve anything? Who will you draw your paycheck from? What apt will you live in? What grocery store will you shop at? You see we need the wealthy.

    What needs to be changed is the corruption and collusion that occurs between the corrupt elite (make a distinction between elite and wealthy, Jon Hunstman Sr would be a good example of a honorable wealthy man) and our corrupted congress, senate, president and all the administration included, and BOTH parties are corrupted; democrats and republicans.

    Maybe the left is right on one thing? We do need a revolution.. the fact that the minority in this country (libs 20%) control what the other 80% of Americans do, is simply ridiculous. Death BY LIBERALISM!!

    Here is the “revolution” I would gladdly support:

    End the Nanny State, The Tax and Fees State, The Welfare State, Stop the Printing Presses!

    Bring our soldiers home. Bring back Individual Rights, Responsibilities and Freedoms, End the corruption in both parties and blamo..Fixed!! (okay maybe not that simple, but it is just a start)

  • bingo

    “Hopefully more Americans will wake up…” That’s weak. We’re in a death spiral. When people writing the “ALERT” articles are half asleep there is no hope.

  • Whistler

    “I have awakened from the Amerikan dream, and I refuse to roll over and hit the snooze button”

  • Nigel

    Soon, I believe on Jan 1 2012, you will have a new massive sales Federal sales tax if you sell your home. The equivalent of paying double real estate commisions. This was decietfully burried in the Obama Care fake aka health care bill.

    The “Documentary Transfer Tax” , as a percentage so people can see how much you paid.

    There is also a “geological survey marker” tax when you when you sell, meant to maintain these important markers, but of course that has never happened.

    The “use” tax on electric, gas, and propane utilities..it is a slave country with no doubt.

    Little country named Anguilla only has a consumtion tax. Problem is they are at sea level and might not be around too much longer if you know what I mean.

  • Mootball

    I got my pitchfork… Come on people! Let’s march! Hello? Ummm, Anyone? Ah, I’ll go if you go… ah, umm, Is there- oh, the baseball scores are up… The clothes need washing… Survivor is on… Gotta go to work, get all the hours I can… “Not much work with the economy and all”… Don’t have enough time, gotta run to the store… before my other job… Oh well, I’ll just put down my pitchfork and go to the range and practice with my Maverick 88. Cause I’m gonna be prepared. Not because I’m being selfish, but I deeply care about America and all of you.

  • http://www.stopthepirates.blogspot.com jeff
  • Right, but not wrong

    @Gary2 – Please stop lumping me in with what you consider the “Evil Right.” I am Republican, for the most part. I have been watching over the last 15 years or so, & while Reagan did spend a ton of money, most of it is still afloat, and doing fine in the Atlantic, Med, & Pacific Oceans. Upgrading the Navy. Created full-time jobs, benefits, all of it. What I’ve watched the LEFT do is take money out of everyone’s pockets & dole it out to those too damned lazy to work, giving them homes, utilities, medicaid, you name it – all on behalf of the truly needy who the Left never seem to get around to. (Read: cannot be relied upon to vote Democratic.)
    For every rotten rich Republican you can name, there is a rich Democrat just as rotten. I haven’t seen Arianna Huffington take an oath of poverty, and give her money to offset the debt – why would you expect anyone else to? And the facts are this: You despise Bill O’Reilly, I’m sure. Do you know at what rate his income is taxed? 55%. Over half of what he earns goes to the fed. He doesn’t find shelters, or off shore accounts, because he happens to be a big fan of America, and if they need that much of what he makes, he gives it. True, he probably has lots left over. When I looked to find someone comparable on the Left, there was none to be found. Switzerland’s numbered bank accounts are passe’ – now it’s the Cayman Islands. But the Progressive Left, while spending our country into oblivion on social programs that just create MORE people dependent on the Gov, NOT working, and NOT paying taxes, are bringing us down, while keeping their wealth safely away from harm.
    So, Gary2, would you please think a bit more before villifying all Republicans? I know a whole lot of good Democrats. They live back home, where I grew up. I joined the military. We got raises & improvements in our standard of living when Republicans were running things, so, yes, I favor them. That, and their position for smaller government, greater individual responsibility, and recognition that small businesses ARE the engine that drive our economy, and should be nurtured, not taxed to hell and gone.
    I will not argue that the members of both parties at the top, with few exceptions, are so rank with the stench of corruption I am amazed they can live with themselves.
    What I will NOT argue is that the Progressive Left have been in charge of education far too long. I don’t think creationism belongs in a textbook. That’s a faith issue, best addressed at home or at church. But the twisting & contorting of American History is as bad as Japan’s denial in textbooks of their occupation of Manchuria, the Rape of Nanking, or its treatment of POWs during WWII. They DO make great emphasis on the fact that we nuked them. You might not exist today if we hadn’t. It would have cost too many American & Allied lives to subdue Japan, who categorically refused to surrender, or CONSIDER conditional surrender. So we nuked them. The Japanese texts make it sound like they were begging for mercy, not sending kamikaze pilots out against our Navy. And so the Progessive Left has done with an entire generation. And they are pathetic.
    “Give me, give me, give me, want, want, want.” Do you deserve it? Who cares? I WANT it – NOW – finance it. I want a big house – finance it. I want a fancy, expensive car – finance it. I want a 4-wheeler! I have no use for it, but it’s cool. I want it – finance it.
    The kids across the road from our house are the EPITOME of their generation. His Grandpa bought them the house (not typical, but go on) & they moved in. One income. A new minivan, & new SUV. Then a fence. Then a dog. Then a kennel. Then a baby. Then a pontoon boat. Then a four-wheeler. Then another baby. Then a new crossover, bye,bye minivan. Then a fishing boat. Then toys in the yard. And more toys. Not a slide, or a swingset. Motorized mini-vehicles. Then a storage shed. Then a pool. Now they have to move the boat, the kids’ vehicles, & take down the pool to move in their yard. All on ONE income. And the missus certainly does dress well – from maternity clothes back to normal size then NEW maternity clothes, and NEW clothes when she slims back down.
    This past week, they sold the pontoon. I think, like almost all of their generation, they felt important to get a credit card offer. And they took them all. And now, all that out-go has overwhelmed their in-come. I would not be surprised to see them move. Not for the reasons of defaulting on a mortgage – remember kindly Grandpa? – but because they need a BIGGER house for the NEXT baby (they can’t afford) and all their stuff.
    THANKS A LOT, you Progressives. You have created a generation of Americans who have no concept of finance, debt, “saving money” to them is going to a Sale. Put money away for emergencies? Why? Put some of it on this card, some on that card, I think this one isn’t maxxed out, put some on there. I have NO clue what the Progressives’ intent was, but they’ve created a society of failure. Good job. Bravo. Hope you’re proud.

    So, Mr. Gary2, rant if you will about Republicans, but when you inhale to spout your next tirade, try not to choke on the stink the Liberal Progressives have brought to us.

  • Kathy

    funny how that 65 adds to 11 6+5=11

  • Bernard Forand

    LOL,LOL have been having this discussion for some time and just about every one will not accept it. There is no such thing as ownership. It is in your position for a point of time and will return to be recycled to be used by another for a specific point of time. All that you have is but a responsibility to it, until you are relieved of that responsibility. When one abstains from unnecessary necessities your responsibilities deminish. Which allows one to smell the roses along the way, that have been given to you for free to enjoy.

  • http://facebook allen rehbein

    If you all stop paying taxes rent thy will have a lot of homes thy can’t get money for and then we can live in them for free

  • kate

    I think that it needs to be like the market place where you don’t pay until services are rendered to expectations. There should not any credit or prepayments in any transactions. This addresses some problems. Number one, people need to realize the Gandhi approach to problems of starting with oneself has one big drawback: the unspoken rule is this – one unique peg, one unique hole. The peg and hole must match perfectly in many cases. Partial successes are not always accepted. This means pegs are not truly interchangable. Like in biology, there are two types of barriers to true ability – preaction/prezygote, which gets after the actors and/or their equipment, and postaction/postzygote, which gets after the end product/offspring. In breaking the cycle of revenge and violence the only reliable enities are whole horses. Whole horses are the enities that meet all of following three conditions: 1. It must be usable and healthy (this barrier in biology is hybrid inviablity). 2. It must be able to carry out hot ticket items such as the Apollo Project, major world wonders, etc (this barrier is known as hybrid sterility). And 3. It must be able to complete marathons (the last postzygote barrier is hybrid breakdown). In many cases such as what we see in the finances the end product is a mule because you don’t have the “right” pegs in the “right” holes. This means unlike the whole horses the end product can do the daily chores but not hot ticket items nor can it carry out any endurance tasks. Mules are enities of limited viability, just like real literal mules are sterile but healthy and usable. One must remember there are only four parts of any animal’s body that enable the major ticket items, endurance tasks, and legacies. They are the pineal gland, the right hemisphere of the brain, the reproductive system, and the slow twich red muscle fibers. These are particularly devastated by these postaction/postzygote barriers to true interchangablity. True ability always accounts for the act’s end product’s abilities. People and leaders, don’t think the other actors and nature will get fooled. Nature keeps track of this stuff and will find out where and from whom the labor and/or capital is coming.

  • Joshua

    Hello, a friend of mine posted this on Facebook today, and I sorta sighed/laughed to myself, as it is basically exactly what I wrote a note about today as well. http://www.facebook.com/notes/joshua-huls/money-is-killing-us-and-no-one-even-realizes-it/201111096595569

    If anyone is interested in that feel free to share, the links in my note (specifically the 3 movies at the bottom) go into much greater detail about all of this.

    It’s funny. I remember being sent to the principals office, repeatedly, by my 8th grade math teacher for pointing out how inherently flawed our economical system is. Can’t fix stupid, no matter how much you try.

  • Holly

    I realize that the government takes a lot of money from us, but did you ever stop to think about how much money it takes to run this country? The people that are poverty stricken, that can’t work because they are disabled, etc, the government supplies Food Stamps and Social Security income so that they can live. They don’t even have to work for it. Several individuals in this country could work, but the won’t because they’d rather live on the government. Well, for the government to “take care of” these people they have to have money. So, we pay taxes. We also pay taxes to help fund the programs that for the betterment of the whole. Roads, orphanages, schools, etc. All are operated on tax dollars. They are maintained and funded entirely by the taxes that we pay. Some of your logic is flawed. Of course you don’t “own” your home if you have a mortgage and yes they can take it because you haven’t finished paying for the darn thing! That’s common sense. And of course your property can be seized if you don’t pay property taxes, there has to be some consequence or no one would pay it and therefore, money needed to run the country would be lost. Of course you can only drive your care in government approved areas. Where would you like to drive it? Through someone’s home perhaps? Up the side of a building? Across a playground? Safety would be the reason for that restriction. Otherwise, you can drive your car anywhere you please. The fact on tickets is quite disturbing, but if you’re not violating traffic laws that you shouldn’t be violating in the first place…ya can’t get a ticket. Yes, it is getting hard to live in this country, and national debt is frightening. The financial situation of our country does need to be reviewed and fixed. However, this conspiracy theory ranting isn’t helping matters any. You think Americans have it hard? Try living in Iran, or Iraq, or Afghanistan, or maybe a third world country in Africa. Yeah, try a third world country in Africa. No taxes. You “own” everything you possess. However, if your child gets sick, there’s no Medicaid to cover their bills, let alone a Dr that could diagnose anything beyond a cold or the flu. Not to mention no medicine, no food, no clean water. Why? Well, they don’t really pay taxes to take care of that now do they? I agree that reforms are necessary, but try calling your Senator or something and discussing realistic ways to possibly bring about some change rather than trying to convince the American people that our government is out to get us and that we’re all “slaves”. Honey, the fact that you can voice your opinions against the government and not be shot, or worse for it is a clear indication that you’re no slave. Nothing in life is free. The protection we receive from the government via our army, the public programs that make our lives a little better here, the protection we receive from law enforcement, the right to take someone to court for whatever wrong. It all costs money and I for one am perfectly happy to pay for the freedoms and protection I receive. The concept of America is that the people pay to run the country and provide services to better the country and we elect the people that make our laws and distribute that money. We pay for the roads, the medical services, the programs that help the disabled, elderly, and poverty stricken. That’s what makes this OUR country. We submit to laws and taxation in the name of order rather than anarchy and chaos. Of course if you quit working money dwindles away quickly. It’s called living. It costs money to live. Food, clothing, medical care, you pay for all of it. Therefore, a lump sum will dwindle over time. Work is required to survive, and there’s nothing wrong with that. If you could quit working and not pay taxes, how would you live? How would you be able to purchase the things you needed? No work, no money. No taxes, no government programs to assist you if you are not working. So how would you survive? You wouldn’t.

  • Kirk

    Gary– “we we we” is the mantra that a bunch of “me me me” parasites hide behind. You can be as jealous of the rich as you want (most of us secretly are, it’s somewhat natural), but it doesn’t make socialism suddenly work.

  • http://www.pathtoasia.com rhea

    35% of all US households live in mortgaged homes (35% rent, 30% own outright)… Short term gain is what the government aims for the overall economy, but this is becoming a long term pain, definitely.

    We help Americans find jobs and prosperity in Asia. Visit http://www.pathtoasia.com/jobs1/ for details.

  • impeachRonPaul

    Sorry to break it to you. Ron Paul wants to tell us what to do with our bodies. He wants to let states ban women’s right to choose, make driving a woman to a clinic a felony. He wants to ban gay rights, he wants to let churches control us. Ron Paul hates freedom. Dont let the right wing bigot steal your liberty. Vote for freedom, vote democrat.

  • Season

    Where’s the “war tax”? Oh, I forgot, all our wars for democracy/against terror, fund themselves and are actually money makers…according to the Bush administration. As a result, our federal tax dollars go into a black hole of “interest on the debt” and it’s that debt, paid to the banksters, which is funding our adventures in Iraq, Afghanistan and now, Lybia all of which seem to have plenty of money. Taxation is not the total problem, but “fair and equitable” taxation no longer exists. If we had fair and wise taxation follwed with fair and wise spending of those dollars on positive-people-projects (rather than negative-fearbased wars and military gone wild spending) and we could truly change the world and beat our swords into plowshears! Let the greedy continue to run it, and we’ll all be starving and dead within a few years.

  • ceetee9

    Very good article. I’d add at least one more item to the list: #66 Do you think that voting for a Republican or Democrat is going to fix anything?

    It’s encouraging to see more and more people awakening to the fact that Republicans and Democrats are just two sides of the same coin. They’re all equally controlled by giant corporations and special interest groups to whom they pledge their allegiance. So arguing for (or against) a Republican or a Democrat is just arguing for which party you prefer getting screwed by. And the Tea Party isn’t going to save us either, they have been co-opted by the Republicans.

    The powers who control us having many ways to keep us distracted and divided. Hopefully, a critical mass of people will wake up to their games and stop playing them and start doing the things we’re going to need to do to take their power and control away and rebuild this country–assuming, of course, it’s not too late.

    • http://ochipwa.blogspot.com/?zx=42e4522aaf65f601 greenspider

      High five, ceetee9.

  • Nick

    Commercial real estate in the sun belt is the next domino to fall.

  • marc the messenger

    Hello to all our American brothers and sisters.Iam an Australian with huge fears for your futures, which inherently become ours, due to the fact this countries economy is primarly based on a American franchise.We are in it together up to our crowns.I am fourty one yr’s old and I have loved your fantastic country since I was a small boy.But I don’t see that country anymore.All I see now is debt and ********** war.TAKE YOUR COUNTRY BACK ! STRIKE!!! Show the central banks who really holds the power.You were all founded by such great men,so don’t let them down.Educate yourselves in the ways of the central banks.Their all the same worldwide, with their PAPER MONEY.Please take your country back, please.Do any of you remember what is was like before we ALL got so lost? I miss you so much America!I pray for the day when we will meet again.God bless you all.

  • Gwenne G

    The Rich get rich and the poor get poorer. When will it ever end?

  • morpheus

    The suckers game. We’ve bought it hook line and sinker. Wake up America.

    “JOIN THE REVOLUTION“
    Read “Common Sense 3.1” at ( http://www.revolution2.osixs.org )

    We don’t have to live like this anymore. “Spread the News”

  • http://padraic2112.wordpress.com Pat Cahalan

    You can’t worry about hyperinflation and the national debt in the same post.

    If you have hyperinflation, the national debt disappears. Yes, they’re both bad, but they’re sort of opposite points of economic systemic badness; you can’t have the worst consequences of hyperinflation and the worst consequences of debt servicing happening simultaneously. They cancel each other out.

    • Michael

      Pat:

      Look at the long-term charts for both inflation and for the national debt since the Federal Reserve was created.

      They don’t cancel each other out.

      Rather, they feed into one another.

      Michael

  • buck

    @ Nick

    “Commercial real estate in the sun belt is the next domino to fall”.

    Do you mean the “go-go” years are over?

  • buck

    @ marc the messenger

    Yes, I remember as other boomers will I pray.

    Thanks for your support.

  • Robert Anson H.

    Remember, a man truly owns only what he can carry in both hands at a dead run.

  • Razepb

    I am going to present a oversimplified and general argument to this post because it is over looked to often by citizens who oppose taxes for the same reason.

    You can’t say that the same machine that enabled you to acquire wealth is taking it away. I am going to only use your property tax example but the same logic can be applied to “all the ways you wealth is being taking from you”.

    “Just refuse to pay your property taxes and watch what happens. At best you can say that you have the right to rent your home from the government.”-America is economically free, and people can obtain wealth, because your property can’t be taken by someone else. The government provides this protection. So, unless your communist, you believe that you should pay for this, therefore you have to pay taxes for the protection.

    Go live in some country where your property isn’t protected if you don’t like it

  • James

    RE: #2 Do you think that you own your car?

    When you first register a new car, you give the DMV your title, and they give you a “Certificate of Title” in its place [certifying that they have the title], which you can transfer. The State keeps the title, and thus, ownership.

  • lilbear68

    all very interesting but this is standard throughout the world, whats the alternative?
    it takes no brains at all to point out problems
    it does take a bit of smarts to come up with a fix

  • http://freefood2gocoop.com Free Food To Go

    You can own farmland to live off of the land, but that is becoming more controlled by the government.

    Your skills can’t be taken away from you, so learn to become more independent, so that you can survive off of the grid.

    Free Food To Go

  • http://moneycrisisgameplan.com Money Crisis Game Plan

    The majority of Americans money goes to pay taxes and interest on debts, because they have been conditioned to be Employees and Consumers.

    If you want to change your financial future, you need to get financial education.

    I’m a part of Mike Dillard’s Elevation Group, which is a community of people who want to create (or recover) wealth during today’s economic crisis.

  • Georg Löding

    There over the pond you are lucky
    here in Germany we have more 70.000 tax laws
    additional each law is regulated with a minimum of at least 10 datatransfer regulations.

  • Chris

    The system is designed in such a way the people work for the government. The people have allowed this to be established and allow it to continue.

    They could all vote for a person that reverse the situation but instead they listen to talking heads on the TV. The system rules through fear and intimidation. It is also designed to pick you off one at a time. This is the world we live in. It won’t be reported.

    The good news is the lord almighty is coming back and will sort this all out.

    Jeremiah 22:13
    Woe unto him that buildeth his house by unrighteousness, and his chambers by wrong; that useth his neighbour’s service without wages, and giveth him not for his work;

  • John Kessler

    I’m not a huge fan of paying taxes myself, but if the tax is being used to pay for a useful and needed service, then I have no problem paying it. For instance, I like driving on good highways, so I can’t complain about paying reasonable taxes to support those highways. Likewise I believe in public education and want good schools in my community. I can’t complain about paying my school tax.

    Of course I’m also forced through taxes to pay for things I’m not in favor of. I don’t like the thought that my tax dollars are being used to subsidize the nuclear power industry or for any form of corporate welfare for that matter, as an example.

  • Bill Wirt

    I am a degreed accountant with 25+ years experience in the accounting profession. While I agree with the basic premise of the article, i.e. our possessions are being taken from us, there are several inaccuracies in the article which require either a clear explanation as to how they apply to the title of the article or documentation that proves the point in question or both. One example: what is an “accounts receivable tax”? I know accounting. Please enlighten me.

    If you want more inaccuracies, please contact me.

  • Scott R. Timmer

    VOTE FOR RON PAUL!!!!!!

  • linda

    They forgot to mention the 20 dollar fee for a license to have a garage to sell your own belongings

  • Jason

    If there were ANY presidential candidate who were to say “I will reduce spending by a trillion $, simplify the tax code, raise the taxes on corporations to 30% (vs 7%) of profits in order to start paying back our debts to the Chinese, and cut the middle class tax in half, and stop inflation.”

    He would get 100% of the votes.

  • Jason

    99%* of the votes, since the 1% at the top would be outraged

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