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The USA: How Government Confiscates Private Property

Personal Freedom and Prosperity 103: Private Property

The first and chief design of every system of government is to maintain justice: to prevent the members of society from incroaching on one another’s property, or seizing what is not their own. The design here is to give each one the secure and peacable possession of his own property.
- Adam Smith

Utilizing property greatly advances a person’s opportunity to investment their time, intellect, labor and money. Coupled with limitless and competitive exchanges of ideas and products, these investments propel commerce, science, art and charity. Civilization advances.

The USA:  How Government Confiscates Private Property

People seeking freedom throughout the world are horrified by the government of Cyprus stealing money from personal bank accounts.  [Read:  Cyprus! Government Spending, Debt and Government Confiscation of Private Property] Equally horrific is the European Union's approval of the European Central Bank and the International Monetary Fund's compliciy.  Knowledgeable investors know that these government edicts – the coerced seizure of bank accounts - violates a cardinal element of freedom. Over 200 years ago, Adam Smith stated:

The first and chief design of every system of government is to maintain justice: to prevent the members of society from incroaching on one another’s property, or seizing what is not their own.  

Raiding bank accounts in Cyprus has caused devastating financial and social degradation.  Europe will suffer because investors in Europe and the rest of the world fear additional raids will continue on personal property. [Read:  Stealing Private Property: Cyprus and the EU]

Now, take a look at how a sophisticated country devalues private property.  Presently, the USA is raiding everyone's bank account.  Richard Rahn in the Washington Times explains that the Federal Reserve has expanded our money supply, which keeps our interest rate very low – approximately 1%.    However, inflation is approximately 2 to 3%.  Presto; if you had money in a savings account your purchasing power is 1 or 2% less. 

Do you want evidence?  Has your grocery bill gone up?  Yep.  Case closed.  This is a deliberate manipulation by government, which reduces the wealth of its citizens.  Again, a cardinal element fostering freedom is for government to protect people and their private property.

Additionally, tax on earned-interest seizes your wealth. Remember, your savings account is earning 1%.  However, you must pay tax on the interest you receive.   Think it through.  You are paying tax on the piddly amount of  interest you earned, and our 2 or 3% inflation has diminished your purchasing power – your wealth.  Thus, you are paying tax on an savings account that's losing real value.

Now, let's examine a bigger theft by our government – Social Security.  Our government taxes workers 12.4% (employee and employer each pay 6.2%).  Every American should realize, government cannot honor its implicitly promised benefits.  Politicians are already talking of mean-testing (thus, excluding people that saved for their retirement), changing our cost of living calculations and extending our retirement age.   Again, our Federal government is taking property – 12.4% tax – and arbitrarily decreeing who and how much a worker will receive in benefits.  

With the approval of the European Union, Cyprus overtly raided personal bank accounts.  The United States, on the other hand, is stealthly depleting worker's savings and promised retirement benefits, e.g., Social Security.  Even worse, Americans saving their money, above and beyond Social Security, now know President Obama seeks to limit personal savings to $3million.  This is not protecting private property.  It's just the opposite; this is regulating and confiscating private property.

In the late 1700's, Adm Smith recognized that the secure and peacable possession of property enhanced a person’s opportunity to investment their time, intellect, labor and money.   Fortunately for America, the importance of private property was known to the Founders of America.  James Madison wrote:

Government is instituted to protect property of every sort; as well that which lies in the various rights of individuals, as that which the term particularly expresses. This being the end of government, that alone is a just government, which impartially secures to every man, whatever is his own.

John Adams wrote:

The moment the idea is admitted into society, that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence. If "Thou shalt not covet," and "Thou shalt not steal," were not commandments of Heaven, they must be made inviolable precepts in every society, before it can be civilized or made free.

The governments of the United States and Europe have dangerously ignored and abused a crucial element of freedom – private property.  Our governments must again respect and protect private property.  It is absolutely essential for peace and prosperity.

Dm Dianosky

Confused by the Adam Smith lead quote:

"The first and chief design of every system of government is to maintain justice: to prevent the members of society from incroaching on one another’s property, or seizing what is not their own. The design here is to give each one the secure and peacable possession of his own property."

I understand, but this is a story about the government taking money; this is actually about government being the maintainer of justice *between the members of society*. This quote is not at all about government theft of private property. Bad quote.

Also, taxation isn't theft. It's taxation. Grab a dictionary and talk it over with a friend.

And I can't find where you got your inflation numbers. Everywhere I look it seems to be pretty, pretty low (I mean, like 1.xx%). Where'd those come from?

Also, this route to theft seems pretty tame, and tortured. Better ways to do it.

I mean.

Some guy mugged me once.

Dm Dianosky

Actually, ok, inflation seems to be around 2%-ish depending on what numbers you are looking at. But really, just looking at a graph going back 13 years--I mean, this doesn't look bad at all. Seems normal enough. I can't quite understand if you are just describing a fact or whether this is something that is actually a "stealing of your money." (I assume this is how it has worked for a long time, right?) Would love a clarification.

Monk Mann

Keep in mind that private property started with the use of force (e.g., enclosures of commons), followed by legitimizing that ownership.

Catherine West

The Officious Union-Postal Inspector:

Lady wearing a really cool hat and scarf walked up to me and said "You have to leave the premises. You can go down to the sidewalk with your sign.".

Responded: "Who are you?"

Very reluctant to answer me. I didn't move off....

United States Postal Inspector Employee informed me that my "There is No Tax free Holiday" sign and I were to leave and go down to the sidewalk.

When I asked "Isn't this public property?" "The Postal Inspector, of the mail worker's union, said "No". Then the taxpayer's didn't build this building? .. The Postal inspector kind-of paused..a bit - "Yes"; but...

.. Not to be outdone, repeated : "Leave. Go down to the sidewalk." She kind of walked off, putting her head down toward her stomach... and I said "I'll be sure to let everyone know.".
There is No Tax free Holiday"
at an increase of $33,037.00 PER-TAXPAYING-CITIZEN / YEAR: 2015, if our Nation survive's catastrophe of lawlessness, will increase to $214,281.00 PER-TAXPAYING-CITIZEN

I was the first, among the Teapartier’s to arrive, there at the Post office. My Sign States: The National Debt is $148,170 EACH-ONE-TAXPAYING CITIZEN; and on just thinking about the money confiscated, because there is no accountability or "Religion and Morality" in how EACH-ONE-CITIZEN'S 2000 HOURS of work (that's assuming you get a 10 day vacation, which many of you don't, especially if you, government’s-“heaven, --oops no heaven --, Boolean-group-think-homo sapiens, forbid”, are in business for yourself) for your property in Life and Liberty and pursuit- earnings.

Citizen's and non-citizens doing business here, paying taxes but not sure if they want to become citizens, You must pay attention to this Debt. You must connect that the money borrowed, and utilized over the Past Three Years of Obama Refusing to Sign a Budget resulting in indiscriminate spending as “continuation costs for 94,505 (29,941 Executive Branch) Federal level Agencies, from China, our friends in "Trust" among other nations, and money given to our, worldwide-, and US enemies, comes from EACH-ONE-PERSON-OF-YOUR 2000 HOURS OF WORK-- our property. Think about it...........[cursor flashing]...

Who do you think you are working for? Yourself? Your family?..... "Consent of the governed" to secure the "Separate and equal station to which the Laws of Nature of Nature's God entitle them.....UNALIENABLE because of God's Presence and Laws... Is Not The Answer.... Neither is "Consent of the Governed" with Articles II, V, VI - Oath of Office......

We the People, Person, corporate Persons composed of individual persons, work for ALL NATIONS ON GOD'S PLANET, Laws of Men– absent God -, 2000 hours each year -- either directly in China, Saudi Arabia - Iran - Iraq -- or indirectly through the United Nation's of "We Have the affirmed right to force of "Opinion without interference" based on the "Preconceived conclusions” of Agenda 21 oxygen, carbon, nitrogen, hydrogen -- the elements in the Periodic Chart of all Life which has anatomy, physiology, neurology -- all Life in the Global Warming of lowering the oceans and healing the planet, borderless nations and jurisprudence -- health / "Patient Protection and Affordable care Act" -- occupation; and all elements in the Periodic Chart of Inanimate Objects.

James Madison wrote about property -- especially property of "In a word, as a man is said to have a right to his property, he may be equally said to have a property in his rights. "He has an equal property in the free use of his faculties and free choice of the objects on which to employ them.". But of course, his and the other Founders were writing “precedent-analogies” ... not about “Religion and Morality” of “Let is simply be asked, where is the security for property, for reputation, for life, if the sense of religious obligation desert the oaths which are the instruments of investigation in courts of justice?” President Washington; or “On every question of construction, carry ourselves back to the time when the Constitution was adopted, recollect the spirit manifested in the debates, and instead of trying what meaning may be squeezed out of the text, or invented against it, conform to the probable one in which it was passed.” President Jefferson; and my personal favorite ordinary freemen and individuals, 6 yrs. Before the Declaration and 3 before the Teaparty regarding quartering troops in private homes: [local police in “Obama Regime language] “..among Citizens in a Time of Peace; and under the Pretense of supporting the Laws and aiding Civil Authority, every considerate and unprejudic’d person was deeply impressed with the apprehension of the consequences ...under such a pretext, but in Reality to enforce oppressive Measures to awe and control.... and to quell the Spirit of Liberty, which however it may have been basely oppos’d and even redicul’d by some, would do Honor to any Age and Country...(5W’s and H of how 4 18 to 20 yr. old young men were murdered by the Sargent and troopers of the British)”.

And, please, Americans of God and Nation First, notice: TAXPAYERS ARE PERSON - SINGULAR -- ONE AT A TIME; so, "Where an excess of power prevails, property of no sort is duly respected. No MAN [SINGULAR] is safe in his opinions, his person, his faculties, or his possessions.

Which is a True statement, isn't it! How do you measure your ability to makes your life's choices in the "Soros-Obama-Atheist-Secular-Sharia-collective people as a mass of bodies with enough anatomy, physiology, and fill-in dots in prescribed preconceived conclusions of opinion without interference, utilizing "Obama-Lucifer-Alinsky underground" to EXTERMINATE your Person of Soul before Your God, or not-- but with Morality in any case, or push buttons in the government of, by, and for government's arrangement of polling places for the 14th Amendment to take place with the "great-god-number" ruling over reason, knowledge, wisdom, justice in Truth of God's Laws....THE ONLY NATION IN THE HISTORY OF MANKIND to make the Lord God and His son Jesus with the Founding Father's in the "Deeds" of our history from 1620 religious freedom of Puritans on the this current Apostasy of the "governments of by for government...force...subjugation...despotism...treason, i.e. overthrowing the Republic completely absent Articles IV:4 including invasion: “An attack on the rights of another; infringement or violation”, V, VI which includes the supreme Law of the Land, as well as Singular-Elected Person’s person Oath to God regarding his obedience to preserving, protecting, and supporting the Laws of Nature and of Nature’s God for Each One Person’s separate and equal – Soul. Remember Person, Scripture and The Laws of Both Founding Documents, is composed of a Body and a Soul. When the Body dies, the person dies....Not the Christian and Jewish beliefs.

But in our “Obama Anti-Law Regime”, the ‘singular’, purpose of to control the production and distribution of rights, against Person and Corporate Persons, in favor of “collective-mass-Boolean-group-think-subjugation, i.e. The People designed, investigated, and adjudicated, absent God’s Laws, in the name of government of, by, for government’s perceived majority number of despotism – absent reason, knowledge, wisdom, justice in Truth of Both Founding Documents .

Catherine West

On the Social Security -- remember the Entire Congress both parties, except the Conservatives and Teapartiers among the Republicans, consider Social Secuirty an "Entitlement" that's how they get to the 44% who get money from the government. Thus utilizing the "preconceived conclusions" of "UN - MIS Gnenva"s Declaration of Principles #4 the affirmed right to "opinion without interference" -- or absent knowledge, wisdom, in Truth...of the Laws of Both Founding Documents.