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Your Money Belongs to the Government. Just ask . . . .

If you think your money is your own, there are at least 18 Congressional masterminds who think otherwise. According to Eric Scheiner who posted this story today at CNS News:

"Rep. Keith Ellison (D-Minn.) told a gathering of Democrats, “The bottom line is we’re not broke, there’s plenty of money, it’s just the government doesn’t have it.”

Scheiner introduces the article this way:

"Ellison was discussing his ‘Inclusive Prosperity Act’ measure at the July 25th Progressive Democrats of America roundtable in Washington.

“People like, George Soros, Bill Gates, Warren Buffett, Paul Krugman, Joe Stiglitz, Jeffrey Sax, Dean Baker, Robert Poland, Larry Summers have said they all support a transaction tax,” Ellison said."

Scheiner then embeds a 1:01 minute video from Rep. Ellison's address to the Minesota's Democratic-Farmer-Labor Party before continuing by writing:

"The bottom line is we’re not broke, there’s plenty of money, it’s just the government doesn’t have it,” Ellison continued, “The government has a right, the government and the people of the United States have a right to run the programs of the United States. Health, welfare, housing – all these things.”

"The ‘Inclusive Prosperity Act’ would levy a sales tax on the trading of stocks, bonds and derivatives. Ellison estimates it would generate $300 billion in revenues annually."

You can learn more about Rep. Ellison's bill. H.R. 1579, the Inclusive Prosperity Act, at Thomas, Congress' legislative information system. The bill now has 17 co-sponsors; a quick scan suggests most of the 17 are members of the far left Congressional Progressive Caucus where Rep. Ellison is currently a co-chair.

Note that although Arlington's Congressional mastermind, Rep. Jim Moran, is a member of the Congressional Progressive Caucus, he is not a current co-sponsor of Rep. Ellison's 'your money is the government's money' legislation. Thank goodness for small favors!

UPDATE (8/4/13)

At American Thinker, Rick Moran blogs the CNS News article, and writes:

"So we tax stocks and bonds in order to fund programs in other countries? Yeah, that will go over real well with voters, Keith.

"But it is the rancid attitude that the wealth of the nation belongs to government that makes Ellison's stomach turning ideas unacceptable. If all those Democrats support his "transaction tax," I suggest that all Democrats run on it. They should go to the American people and tell them that their hard earned wages are government property and that the state can reach into their pockets and take their property anytime.

"Needles to say, they won't do it. They'd lose in a landslide. But as a barometer of what liberals actually believe, there is no better illustration."

Then at Pajamas Media, Walter Hudson comments:

"Benito Mussolini would be proud. The Italian dictator who coined the term fascism defined it as a system of government where the state exists for its own sake, subordinating the individual. Like Ellison, Mussolini spoke of the state as though it were a person, elevating its “will” above that of the individual. Ellison ascribes “rights” to the government — to “the people of the United States” — while denying the property right of individuals."

At Power Line, Steven Hayward opines, "Minnesota’s socialist Rep. Keith Ellison really let the mask slip big time the other day," and cites the CNS News story as well as the above piece by Walter Hudson in Pajamas Media.


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