09/07/2014 - FINANCIAL REPRESSION BY THE STATE: GOVERNMENT PUNISHES SAVERS TO SUPPORT DEBTORS
“The entire problem we face going ahead stems from the very idea of Karl Marx that government is capable of managing the economy either through communism or autocratic-socialism where the state dictates to the economy under the pretense of caring for the people, that has truly become a derivative of fascism where the state comes first. This is even reflected in the conviction rate .. that has risen from 72% in the 1970s to virtually 99% today eliminating fair trials. We also see it taking shape in the militarization of the police that actually do not protect society, but rather protect the state from the people .. This is autocratic-socialism where the state pretends its abuse of the people is for their benefit when in fact there is always a profit that falls to them ..Savers are being exploited by government under the pretense of managing the economy. You see many retired people back in the work force doing service jobs because they can no longer earn income on their savings for life. Savers receive no return on their life savings because central banks punish savers and subsidize the debtors assuming that borrowing is required for economic growth. This core assumption that government even possesses the mental capabilities to manage the economy is extremely dangerous for it then creates a fascist state where society is supposed to worship the state as all-knowing and caring where its survival takes precedent over the individual.”
– Martin Armstrong
