Confiscate All Personal Assets In Excess Of $20 Million!

Discussion in 'Economy' started by MikeK, Aug 3, 2011.

  1. MikeK
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    MikeK Gold Member

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    Transform America overnight into the nation it should be and can be! Confiscate all personal assets in excess of $20 million.
     
  2. CrusaderFrank
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    CrusaderFrank Diamond Member

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    And this, boys and girls, is why we have a Second Amendment
     
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  3. MikeK
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    MikeK Gold Member

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    Why?

    How many Americans do you think will have need to defend fortunes in excess of $20 million? That neo-aristocracy represents less than one percent of the entire U.S. population.

    Or are you urging ordinary Americans to prepare for defending that category's holdings against being reduced from excessive wealth to reasonable wealth? If so, please explain your reasoning.
     
  4. martybegan
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    martybegan Gold Member

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    Once you establish the precedent that you can confiscate someone who has assets over $20 million, then it becomes easy to do it to people with over $10 million, then $1 million, then $500,000 etc.
     
  5. CrusaderFrank
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    CrusaderFrank Diamond Member

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    "I, _____, do solemnly swear (or affirm) that I will support and defend the Constitution of the United States against all enemies, foreign and domestic
     
  6. MikeK
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    MikeK Gold Member

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    Frank,

    Do you know who Irwin Schiff is? If not, Google that name. I'm sure you'll find his story interesting and quite relevant to your suggestion.
     
  7. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Do you know who Leonard Nimoy is?
     
  8. martybegan
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    martybegan Gold Member

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    The other question is what to do with all the liquidated assets, as basically you have eliminated the market of people who could afford to buy them?

    Alot of the assets are in stocks and bonds. Once the government confiscates them, thier value drops as no one has the money to buy such large amounts of securities anymore, except corporations. That would increase thier power, something I assume you are against.

    Also who decides what assets are confiscated?

    Bascially why don't you go and rob these people yourself instead of letting the government do it for you?
     
  9. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    Was he a Nazi?

    No..wait..he was a Jew. :lol:
     
  10. code1211
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    code1211 Senior Member

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    Wow!
     

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