Obama now admits using mortgage crisis to impose socialism

[jetgraphics]

Originally Posted by nvxplorer

Just for shoots and grins, what were taxes called before 1935? Capitalist taxes?

Additionally, when someone's home in taken through emminent domain, he is indeed compensated for his property. If he doesn't own the home, as you claim, why are public funds being used to compensate someone for something he doesn't own?

Failure to pay ad valorem taxes on real estate result in confiscation, without compensation.

You may be unaware that "private property" and "real estate" are mutually exclusive. Private property is explicitly protected, while estate is subject to taxation. (See your own state's constitution).

Since Socialism abolishes private property, the bulk of taxes on estate (real and personal property) are based on socialism.

"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

"ESTATE - The degree, quantity, nature and extent of interest which a person has in real and personal property. An estate in lands, tenements, and hereditaments signifies such interest as the tenant has therein." - - -Black's Law dictionary, sixth ed., p.547

INTEREST - ...More particularly it means a right to have the advantage of accruing from anything ; any right in the nature of property, but less than title. - - -Black's Law dictionary, sixth ed., p. 812

LAND. ... The land is one thing, and the ESTATE in land is another thing, for an ESTATE in land is a time in land or land for a time.
- - -Black's Law dictionary, sixth ed., p.877

PROPERTY TAX - "An ad valorem tax, usually levied by a city or county, on the value of real or personal property that the taxpayer owns on a specified date."
Black's Law dictionary, sixth ed., p.1218

Private property = protected from being taken for public use
Estate = not protected from being taken for public use

[jetgraphics]

Originally Posted by nvxplorer

... but the presence of taxes does not mean there is no private property.

Check your state's constitution for the power to tax. You will be surprised to find that only estate is listed. And if private property is mentioned, it will only be in reference to being protected.

From the Texas Constitution:

ARTICLE 8 - TAXATION AND REVENUE
Sec. 1. EQUALITY AND UNIFORMITY; TAX IN PROPORTION TO
VALUE; TAXATION OF TANGIBLE AND INTANGIBLE PROPERTY;
OCCUPATION TAXES; INCOME TAX; EXEMPTION OF HOUSEHOLD GOODS.

(a) Taxation shall be equal and uniform.

(b) All real property and tangible personal property in this State, unless exempt as required or permitted by this Constitution, whether owned by natural persons or corporations, other than municipal, shall be taxed in proportion to its value, which shall be ascertained as may be provided by law.

The Texas constitution states that all real and personal property is subject to their taxing power.

PROPERTY TAX - An ad valorem tax, usually levied by a city or county, on the value of real or personal property that the taxpayer owns on a specified date.
Black's Law Dictionary, Sixth ed., p.1218

NOTE: Taxing power limited to real and personal property.

"REAL ESTATE .... is synonymous with real property"
Black's Law dictionary, sixth ed., From p.1263

"REAL PROPERTY ... A general term for lands, tenements, heriditaments; which on the death of the owner intestate, passes to his heir."
Black's Law dictionary, sixth ed., p.1218

"ESTATE - The degree, quantity, nature and extent of interest which a person has in real and personal property. An estate in lands, tenements, and hereditaments signifies such interest as the tenant has therein."
Black's Law dictionary, sixth ed., p.547

Real property = real estate = estate
Now, let us learn about ownership.

"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

LAND. ... The land is one thing, and the estate in land is another thing, for an estate in land is a time in land or land for a time.
- - -Black's Law dictionary, sixth ed., p.877

Do you note that estate is temporary or limited (qualified) ownership of land? Good.

Now, let us see the LEGAL definition for private property.

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

Land that is absolutely owned by an individual is private property.
Land that is held with qualified ownership is estate.

Back to the Texas Constitution:

Article 11- Sec.12, Texas Constitution

Sec. 12. EXPENDITURES FOR RELOCATION OR REPLACEMENT OF
SANITATION SEWER OR WATER LATERALS ON PRIVATE PROPERTY.

The legislature by general law may authorize a city or town to expend public funds for the relocation or replacement of sanitation sewer laterals or water laterals on PRIVATE PROPERTY if the relocation or replacement is done in conjunction with or immediately following the replacement or relocation of sanitation sewer mains or water mains serving the property. The law must authorize the city or town to affix, with the CONSENT OF THE OWNER of the PRIVATE PROPERTY, a lien on the property for the cost of relocating or replacing the laterals on the property and must provide that the cost shall be assessed against the property with repayment by the property owner to be amortized over a period not to exceed five years at a rate of interest to be set as provided by the law. The lien may not be enforced until after five years have expired since the date the lien was affixed.

Note: the government cannot affix a lien, to compel payment, without consent of the owner of private property. But if the property was estate, that lien would be slapped on it, faster than you can whistle "Dixie."

This information is in any county courthouse law library, open to the public.

Just say NO! to national socialism.

[RD5050]

Originally Posted by Little-Acorn

Last week it was Obama's Chief of Staff, Rahm Emanuel, who said that the Democrats should not let a good crisis go to waste, but should do things that the people hadn't let them do earlier.

Then yesterday, his Secretary of State Hillary Clinton said the same thing, during a trip to Russia.

Now Obama himself is joining the chorus.

Coincidence?

The American people have long rejected things like nationalized health care and other socialistic programs taken over by government. But the Democrats have kept trying to impose them anyway, through thick and thin. Now they see an opportunity, where they might succeed in legislating against the will of the people.

Of course, the difference between pushing an agenda during times of calm, and pushing it during a crisis, is that during a crisis, people are scared, desperate, and more willing to accept anything the government throws at them, in hopes it will somehow help. This is exactly what the Democrats have been waiting for.

A President taking advantage of a national crisis to pursue his personal goals .... hmmmm ... now where have I heard that before?

Maybe 9/11?

At least Obama is trying to bring change for the better to all Americans by improving our nations health care system.

He is not wasting a trillion dollars on an UNNECESSARY WAR in Iraq, and killing thousands of US soldiers, and tens of thousands of innocent civilians.

Also interesting is how you make a statement "Americans have long rejected .... but the Democrats" as if the two groups are mutually exclusive?

Well the last time I checked .... Democrats ARE Americans ... and guess what ? We ARE the majority.

If you don't believe me ... just take a look at the results of last November's election!

[lamexican]

Originally Posted by SilverOne

Milton Freidman - Socialism vs. Capitalism

excellent points:


YouTube - Milton Freidman - Socialism vs. Capitalism

Friedman believes in monetarism and has been keynesians biggest critic. The unfortunate thing is that monetarism has never been a succesful policy at combatting recessio and further more has been outright destructive to an economy at most times.Not to say that Friedman didn't have some contributions to modern macroeonomics, but overall his theories are discredited. The last link provides the most in depth discription and implementation of his theories.
Milton Friedman - Wikipedia, the free encyclopedia
Monetarism and Keynesianism
Monetarism: The Concise Encyclopedia of Economics | Library of Economics and Liberty