Alex Covers Neo-Cons Spin That A VAT(Carbon Tax) is Conservative on The Alex Jones Show 1/4
Former Fed Mob Boss Calls for VAT and Carbon Taxes
Kurt Nimmo
http://www.infowars.com
April 7, 2010
One thing is certain. If Obama and his economic advisers have their way, you will be paying significantly higher taxes directly to the banksters. Since payroll taxes are already egregiously high, the preferred method is either a sales tax or a so-called value added tax, also known as VAT. Glenn Beck is a fan of this form of government fleecing while his conservative counterpart Bill OReilly prefers a straight sales tax to pay down the national debt.
Volcker has said Americans have been living above their means for too long.
In steps Paul Volcker, the former Fed mob boss who now runs Obamas Economic Recovery Advisory Board. Volcker said yesterday the United States should consider imposing a European-styled VAT in order to get the deficit under control, as Fox News put it.
Volcker also told a panel discussing the global economic crisis at the New-York Historical Society that Americans needs to be socked with new taxes on carbon and energy.
If you want to know what Volcker has in mind, consider remarks he made in 2008: Americans have been living above their means for too long. It is the United States as a whole that became addicted to spending and consuming beyond its capacity to produce, Volcker lectured the Economic Club of New York. Bringing consumption back in line with income would not only crimp individuals and families, but also require major readjustments in the global economy, said the Los Angeles Times.
Volcker did not bother to mention that Americas capacity to produce was exported by his globalist and corporatist pals to slave gulags in China. This was no mistake. It has as much to do with slave labor in China as stripping the United States of it capacity to produce.
Volcker is a founding member of the Trilateral Commission. The original stated purpose of the Trilateral Commission was to create a New International Economic Order, an order that is all the rage now with world leaders as the global economy implodes. Volcker is also a member of the Council on Foreign Relations.
http://www.infowars.com/former-fed-mob-boss-calls-for-vat-and-carbon-taxes/
Duration : 0:10:51
