2008 Libertarian V.P. nominee Wayne Root today writes that President Obama is
taking notes right out of Bernie Madoff’s playbook — steal from one group to pay off his friends. And why did Bernie do it? To increase his own wealth, power, control and ego. Sound familiar? Obama is doing the same thing- the only difference being that when the President and Congress do it, it’s legal.
Obama steals from taxpayers, who work hard every day and pay taxes, to redistribute it to unions and government employees who voted for him (and contributed to his campaign). He calls it “stimulus.” Obama steals from taxpayers to bailout the biggest corporations (who contribute to him). He calls it “bailouts.” Obama is raising taxes on small business owners- to redistribute it to people who never paid taxes. He calls it a “tax cut.” They´re all simply a government-run Ponzi Scheme.
Obama has increased government spending by trillions, stealing from future generations to bribe the voters of this generation. And, he is paying for it by having the Federal Reserve simply print the money, thereby devaluing the U.S. dollar through inflation so that the government can pay back the debt in much cheaper dollars. That may sound reasonable until you realize that inflation is another way government steals from its citizens by making their hard earned savings worth less.
A recently-created graphic at CalFreedom.net gives a running total of each citizen’s share of those trillions in future obligations: