Unbeknownst to the vast majority of Western peoples is that for the first time in history their entire civilization is on the brink of total collapse as the United States, Europe and Japan are all poised to see their economies crash, and there is no one in the world that can stop it.
The worst, by far, of this triad of global powers that underpin the entire Western World is the United States whose debt woes can only be described in the most apocalyptic of terms as their total debt is over $54 Trillion and their unfunded liabilities have reached the impossible to pay amount of $114 Trillion.
Not being understood by the American people about this crisis is that it centers on the $114 Trillion owed to them under what are called entitlement programmes, such as Social Security, Medicaid and Medicare, which all are insolvent as the monies paid into them over these past 5 decades have been looted to pay for wars, corporate subsidies, tax breaks for their elite classes, and too many other extravagant programmes to mention.
Even worse for these unsuspecting Americans is that in the 1960 US Supreme Court Case titled Flemming v. Nestor (363 U.S. 603) the Court ruled that they do not have any “earned rights” to any Social Security benefits, or any other government entitlement programme, as their perceived benefits were a “non-contractual interest.” The Court further declared, “To engraft upon the Social Security system a concept of ‘accrued property rights’ would deprive it of the flexibility and boldness in adjustment to ever-changing conditions which it demands.”
The current “ever-changing conditions” spoken of by the US Supreme Court in their 1960 decision in regards to Social Security, and other entitlement programmes, owed to the American taxpayers, who actually paid for them in the first place, allows their government to wipe them out entirely and, instead, give these Trillions-of-dollars to the “too big to fail” banks, corporations and financial elite who looted all of this wealth in the first place.
The 10 Planks of Communism by Karl Marx
remark:
many of these are wrong, as a controlled private property and production means need to be preserved, under just conditions, NOT under a wild capitalism war.
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