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
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.
To understand why this is
happening, please read
The Power Elite behind the New World Order
and
A Chronology of the
UN: The Revolutionary Steps to Global Tyranny.
Source article:
http://theeconomiccollapseblog.com/archives/65-ways-that-everything-that-you-think-that-you-own-is-being-systematically-taken-away-from-you
Posted with permission
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