STEALTH STEALING
by David G. Kamper, M.D.
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As a youngster when not shoveling snow or mowing lawns my wallet was flat and empty of money which was banked to earn interest and for safe keeping until college. Currently my wallet is fat with information items and an emergency two dollar bill, thanks to the government.
Have you checked your wallet lately, or savings accounts, or your grocery bills, or your banking charges? Now you have observed Stealth Stealing by the government.
Inflation is one of the most insidious means of stealing your money because like savings accruals in the past it compounds one year to the next. The US Labor Department consumer price indices reveal this. Rents have risen from March, 2014 to February, 2015 3.3%; food and beverages 2.3%; food away from home 2.9%; water, sewer, and trash collection services 4.5%; medical care services
1.9%; and medical professional services 1.7%. Only fuel oil has dipped 21.4% and gasoline 29.2% because fracking, detested by the Obama Administration, has produced a surfeit of hydrocarbons with a consequent drop in costs.
Interest rates of near zero promoted by the Federal Reserve Banking System have made it impossible to increase most peoples’ wealth via earnings from savings. Thus the government has prolonged for 6 years the “near zero savings rate” to reduce its costs of borrowing the debt of 18 trillion dollars ($18,000,000,000,000. )
Minimum wage laws raising the rate from $7.25/hr to $10.00/hr is a 31% increase that will raise costs in all forms of business. It is a quid pro quo arrangement with the Obama Administration that is fostered by labor unions so that all union wages will eventually rise, not just starter wages, adding to the general costs of products and services.
As the Patient Accountability Act has already demonstrated medical insurance rates will rise and have become unaffordable for many people because of the mandates raising the premiums.
Liberty will also be stolen with the penalties for not having medical insurance and with coercion into medical insurance exchanges. The increase in banking fees has occurred due to the Dodd-Frank Banking Regulation Act raising the costs for the banks and limiting their earnings.
The ransoming of the country’s future and its opportunities for individuals to succeed will be further re-enforced by additional government edicts and an 18 trillion dollar debt. It will also be limited with the debasing of monetary value of the dollar by massive printing of money to service debt interest costs.
So when a man comes knocking on your door and says he is from the government and is here to help you, say no thank you!