Democrats for Oxymoron “DEBT TAX” to Pay Down Over-Spending

CM Haley Stevens (MI-D)

Oxymoron Solution is

New DEBT TAX

2/17/2023

Today, Congress Member (CM) Haley Stevens (MI-D) told Gordon Deal, host of America’s First News radio show that a new DEBT TAX is the answer to Republican opposition to the $1.7 trillion omnibus spending spree and the national debt in excess of $32 trillion.

Bragging that she is on the Congressional Solutions Caucus, Rep. Stevens said she is adamantly opposed to Republicans and Rep. Kevin McCarthy’s opposition to raising the debt ceiling.

The unconscionable $1.7 trillion omnibus spending spree can go forward only if the House raises the debt ceiling which is the maximum amount of money Congress can borrow.

Conservatives propose balancing the budget going forward.

How Congress Steals from Americans

Congress began stealing from the Social Security trust fund almost as soon as it was enacted under President Franklin D. Roosevelt.

Congress devised a scheme to unlawfully use money in the Social Security trust fund that spends the money instead of accruing interest earnings on an actual positive-balance trust fund.

Congress simply writes an IOU (I owe you) to the trust fund, takes the money, and spends more than they take.

To cover the spending in excess of the stolen funds, Congress employs a scheme tantamount to “quantitative easing,” in which the Federal Reserve prints whatever amount of money Congress wants to spend (“borrow”).

If a private entity used similar convoluted financing, it would constitute multiple violations of the Racketeer Influenced Corrupt Organizations Act (RICO) in violation of 18 USC Sec. 1961 et. seq.

COMMENTARY:

Many believe the ultimate goal is to crash the USA dollar and usher in a digital replacement currency under control of the global elite billionaires who want to establish a world-government and destroy American freedoms under the U.S. Constitution.

Glen Beck, a multi-millionaire conservative pundit, frequently preaches this view of coming economic collapse.

___ Ref.:

Oxymoron: “a combination of contradictory or incongruous words … broadly : something (such as a concept) that is made up of contradictory or incongruous elements,” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/oxymoron. Accessed 17 Feb. 2023.

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