Trickle Down Tyranny (11 page)

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Authors: Michael Savage

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That’s the same twisted reasoning the psychopath Breivik employed in Norway. The left is trying to say he was a student of Timothy McVeigh and the Unabomber, but he was a student of al Qaeda. He copied their tactics: He attacked the innocent members of his race and religion, hoping to polarize society and spark a civil war. Al Qaeda, as shown in its manuals captured in Afghanistan, has the same methods, dreams, goals, and tactics.

The secret society that threatens every one of us extends far beyond even the vast star-packed universe of the Government-Media Complex. In the next chapter, I will show you how Soros, Obama, and the rest of a secretive financial elite control the United States economy and are purposefully driving it to destruction. In the end, you could lose your job, your house, your car, and even your country. Their subversion of the media, which acts as sword and shield to protect them for public scrutiny, allows them to carry out a much larger, far-ranging plan.

Chapter 4
Tyranny of the Treasurer

Obama and the Leninist Economic Vision

Vladimir Ilyich Lenin had a disturbed vision. He thought that a nation could only grow more prosperous when it was controlled by a vanguard, an elite. The Leninist elite would lead the Russian people to a world free of pain and poverty. No more haves and have-nots. No more private property. Only boundless prosperity.

All Russia had to do was transfer its entire wealth to Lenin’s elite.

The Leninist vision had terrible consequences. If you didn’t want to relinquish your property, Leninists would take it. And instead of boundless prosperity, the Russian people endured unthinkable poverty and famine. Photographs abound of groups of men, women, and children, their skeletal bodies marked by grotesque swollen bellies, sitting helplessly at the edge of a road or in front of the empty huts they once called home, waiting to die. Cannibalism was rampant, so much so that the Russian government was forced to issue edicts against it.
1

If you don’t believe it could happen here, listen to the president. At a million-dollar fund-raiser in San Francisco in October 2011, Obama warned his audience that if he’s not elected in 2012, Americans will have to become more self-reliant than they are now. His exact words:

The one thing that we absolutely know for sure is that if we don’t work even harder than we did in 2008, then we’re going to have a government that tells the American people, “you are on your own. . . . If you get sick, you’re on your own. If you can’t afford college, you’re on your own. If you don’t like that some corporation is polluting your air or the air that your child breathes, then you’re on your own.” That’s not the America I believe in. It’s not the America you believe in.
2

The America that Barack Obama “believes in” is the same America Vladimir Lenin would have believed in.

I’ve warned you repeatedly that in his first three years in office, Barack Obama has done everything he can to bring the Leninist vision to America. He’s engineering the takeover of the world’s largest economy by his own central government, which is determined to convert our country from the most powerful and successful democracy on the planet into a third-rate nation.

Who controls the United States under Obama’s Leninist vision of what this country will become?

I call it the financial aristocracy.

They’re the modern equivalent of Lenin’s elite.

I’m the only one who’s spoken out against the new financial aristocracy.

That’s because it’s made up of Wall Street power banks like Goldman Sachs, JPMorgan Chase, and Bank of America, and most talk show hosts and commentators and news organizations—and especially our politicians—are afraid to take them on.

The group also includes anti-American financiers like George Soros, the International Monetary Fund (IMF) and the World Bank, Obama’s egghead college-professor financial advisors, and government agencies of the United States and Western European socialist nations.

Like the Leninist elite, they’ve conned the world into believing that they’re looking after the interests of “the people” when in fact they’re in the process of seizing control of the world’s financial assets at the people’s expense.

Thanks to the financial aristocracy, you’re no longer working so you can afford the things you need to live a comfortable life and pass along an inheritance to your children; you’re working so you can give your money to these financial oligarchs to underwrite the enormous debt they’re incurring in order to advance their takeover of the global economy.

What’s the most significant result of Obama’s attempts to reduce our economy to second-class status?

Our unprecedented failure to recover from the 2008 recession.

Look at the numbers. The Obama recovery has produced average GDP growth of only 2.4 percent over the two years since the recession ended. That’s the most pathetic recovery in U.S. history. For the third quarter of 2011, the U.S. economy grew at a 2.5 percent annual rate—and the administration celebrated.

Let me translate that into real terms for you: When compared to the 6.2 percent
average
GDP growth following the other serious recessions since World War II, the Obama recovery has been so weak that it’s cost us nearly a trillion dollars in lost GDP.
3

The Obama economy has also cost us as many as
10.5 million
jobs. In 2011, as the recession dragged on, more than 14 million people were unemployed. For every job opening, there were seven people who needed a job.
4

It’s what happens when you put your economy in the hands of a socialist like Obama, who is committed to proving that capitalism doesn’t work.

Did you know that not only is Obama determined to bankrupt the United States, he’s out to destroy the middle class in the bargain? I’ve told you over and over that when Obama attacks Wall Street he’s only trying to divert attention from his own partners in crime: the very banks and big businesses that he is in league with as he pushes his economic takeover.

His real target is the middle class.

Don’t get me wrong. I’m no friend of big banks. Banks aren’t in the business of standing up for the people. They exist to make a profit like other corporations.

But they’re not supposed to side with Leninists to steal our wealth.

Like Lenin, Obama is determined to confiscate wealth and redistribute it. He’s not going to redistribute it to the people, though. He’s going to redistribute it to the financial elite who are rapidly gaining control of our economy.

Obama’s henchmen are doling out some of the money they seize to the increasing number of poor people in the United States, but only enough so they can stay poor. By the time they’re done running up debt, printing money, and raising taxes, all but the wealthiest will be reduced to poverty and dependence on our government. In the process, the middle class—better known to the Leninist sympathizers who make up Obama’s financial team as the bourgeoisie—will disappear, as it has done in every big-government socialist economy in the world.

It’s no secret that Obama, like all leftists, despises the bourgeoisie and all it stands for.

I describe the economic philosophy of the Obama administration as “sustainable bankruptcy.”

Do you realize what the intellectual idiots who control our finances have caused?

Yearly trillion-dollar-plus deficits; a Social Security fund that has run out of cash; millions of homeowners either underwater with their mortgages or already in foreclosure; a capitalist crony system that is churning out billions in profits simply by gaming the system through creating nonexistent collateralized debt; inflation on the rise; the IRS empowered to expand their crackdown on taxpayers into the health insurance field; our own government investing billions in foreign energy projects while America’s energy industry is hamstrung by our own leftist government; more Americans than ever in history reliant on the government for their income.

We’re living Obama’s new American economic nightmare.

When you hear what Obama’s Agriculture Secretary Tom Vilsack has to say about the increase in people dependent on the government, you’ll start to understand why: “[W]hen you talk about the SNAP program or the food stamp program, you have to recognize that it’s also an economic stimulus. If people are able to buy a little more in the grocery store, then someone has to stock it, shelve it, process it, package it, ship it. All of those are jobs. It’s the most direct stimulus you can get in the economy during these tough times.”
5

That’s the Obama idea of how the economy works: Redistribute income. Give people something for nothing. Call it job creation.

As this graph shows, under Obama the percentage of people living in a household receiving government benefits is projected to rise nearly ten percent before Obama leaves office in 2012, after having risen only about ten percent over the previous 25 years:

Expanding Net

Percentage of U.S. population living in a household receiving
some government benefits

Nearly half of all the people in the United States live in households that are receiving direct government benefit payments. That’s up by nearly ten percent since Barack Obama assumed power and began to impose his economic vision on America.
6

It’s already happening. But not quite the way you think.

Communist economies never transfer wealth to the poor and middle classes. They transfer it to government officials and their cronies. That’s what’s going on right here in the United States.

In the top-earning 1 percent of American households, income grew by 275 percent over the last three decades. Middle-class incomes? Less than 40 percent.
7

It’s just what the president ordered.

Obama’s intent is not just to remake America in the image of the failed socialist economies of the twentieth century. His ultimate goal is much broader: to weaken the U.S. economy to the point where it is just another player in a new world order controlled by a political/financial elite.

Obama has a grievance against this country, and he’s determined to bring America to its knees, to make it pay for its “imperialist” past. I see the Obama administration’s economic tactics—the huge increases in the federal debt, the unchecked spending, the weakening of the dollar, the class warfare—as part of a larger pattern. They show me that despite the fact that he criticizes Wall Street and big business every chance he gets, Obama is in league with the financial and corporate elite to do nothing less than cede American power to them as part of his overall aim to weaken our country.

The Obama Certainties: Debt and Taxes

In order to advance his Leninist vision, Obama added $4 trillion to our national debt during the first three years of his presidency, more than George W. Bush added in his eight years in office.
8

You can’t say I didn’t warn you.

In January 2009, before he was inaugurated, Barack Obama announced his spending plans, then rammed the largest domestic spending initiative in history through Congress. In the spirit of Lenin, he promised it would
create
three million American jobs. Instead, he transferred money that should have stayed in the private sector into “shovel-ready” infrastructure projects, protecting the jobs of teachers and other unionized state and federal employees, promoting “green energy” jobs, and rewarding states for their irresponsible fiscal policies by giving them money to keep operating without cutting back.

Like Lenin’s promises, Obama’s weren’t kept.

Since Obama took office and spent upwards of a trillion dollars in stimulus money, we’ve
lost
, depending on who you talk to, anywhere from three million to ten million jobs.
9

Do you seriously think that Barack Obama intended to create three million new jobs? Or that he wants to see the unemployment level go below nine percent, where it’s been for all but two months of his presidency? Do you think he wants to see Americans back at work?

The stimulus plan that was supposed to put Americans back to work was a phony from the start.

Are you aware that the stimulus plan was written by Marxists?

America-hater and Obama-puppetmaster George Soros’s Apollo Alliance conceived and designed the stimulus plan. It was never designed to jump-start the U.S. economy or to create jobs. It was designed to transfer wealth and power from the people of the United States to the increasingly powerful central government. Despite the trillion dollars in spending it authorized, unemployment has remained officially at nine percent, but practically it stands somewhere between 16 and 20 percent.
10

In fact, Obama was actually trumpeting that fact.

On the Sunday before Obama’s September 8, 2011, jobs speech, the Associated Press, part of the Government-Media Complex, released a story saying that the real unemployment rate was not 9.1 percent, as was widely reported, but 16.2 percent when you factored in people who were working part-time but wanted full-time employment and those who had become discouraged and dropped out of the labor market altogether.

Why would one of Obama’s publicity outlets release such information?

I’ll tell you why.

The 16.2 percent figure is exactly what Obama wanted.

It is not now and never has been Obama’s intent to reduce unemployment. Unemployment benefits are one of the ways he keeps people on the government dole. The longer they’re extended, the less incentive people have to look for work and the more control government has over their lives.

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