From the Communist manifesto:
"In this sense, the theory of the Communists may be summed up in the single sentence:
Abolition of private property."
Amendment V, US Constitution 1789
... nor shall
private property be taken for public use, without just compensation.
"PRIVATE PROPERTY - As protected from being taken for public uses, is such property as
belongs absolutely to an individual, and of which he has the exclusive right of disposition. Property of a specific, fixed and tangible nature, capable of being in possession and transmitted to another, such as houses, lands, and chattels."
- - - Black's Law dictionary, sixth ed., p.1217.
"OWNERSHIP - ... Ownership of property is either absolute or qualified. The ownership of property is absolute when a single person has the absolute dominion over it... The ownership is qualified when it is shared with one or more persons, when the time of enjoyment is deferred or limited, or when the use is restricted. "
- - -Black's Law dictionary, sixth ed., p. 1106
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Ready for it?
Sitting down?
Comfortable?
U.S. Gold Coin and Bullion Confiscation (Recall) of April 5th, 1933
__"The private ownership of gold is a privilege, not a right. Congress revoked the privilege of private ownership in 1933 and restored it in 1974. Congress could easily revoke the privilege again. In fact, at no time during this century has the U.S. government recognized the right of private gold ownership. The Trading With The Enemy Act, which President Roosevelt invoked in 1933 to restrict private gold transactions, remains law. The government could reactivate the machinery, which The Trading With The Enemy Act established, to implement gold confiscation."
- - - Boston College International and Comparative Law Review 297, 320 (1982)
Congress and FDR declared that private ownership of gold was a privilege, not a right.
__“The ultimate ownership of all property is in the State; individual so-called “ownership” is only by virtue of government, i.e. law, amounting to mere user; and user must be in accordance with law and subordinate to the necessities of the State.”
— Senate Document No. 43, 73D Congress, 1st Session, entitled: “Contracts Payable in Gold”, by George Cyrus Thorpe, submitted to the senate: April 17, 1933
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Is that clear enough? Not just gold but ALL property.
The STATE abolished private property (absolute ownership by individuals).
Welcome to the People's Democratic Socialist Republic of America !