Showing posts with label social security. Show all posts
Showing posts with label social security. Show all posts

Friday, November 30, 2012

This'n'That; November Thirtieth #1; Watch Out!!

Your PRIVATE Retirement Funds WILL Go Away
    If "Clown Prince" obama and his minions have their way, the federal government will CONFiSCATE your IRAs, 401ks, 403bs, and other private monies you and I were smart enough to invest for the future!!  This has been in the planning stages AT LEAST since "Clown Prince" obama's 2008 'Campaign of Fluff;' thusfar, no one has had the balls to attempt it.
    The most recently proposed government Ponzi Scheme, the "GRA" system, I can find is dated October 8, 2010:
In a nutshell, under the GRA system government would seize private 401(k) accounts, setting up an additional 5% mandatory payroll tax to dole out a “fair” pension to everyone using that confiscated money coupled with the mandated contributions. This would, of course, be a sister government ponzi scheme working in tandem with Social Security, the primary purpose being to give big government politicians additional taxpayer funds to raid to pay for their out-of-control spending.
Just the day before [10/07/2010], Ross Eisenbrey successfully proved that the folks working in some think-tanks are just as incompetent as the "Clown Prince" they seek to impress through equality of ineptness!!
Mr Eisenbrey testified before the equally incompetent U.S. Senate:
"I have three main points to make in this testimony today:
1. Congress has made matters worse by focusing retirement policy on high-income households and neglecting low-income workers;
2. Congress and the Obama Administration will make matters even worse if they raise the Social Security retirement age; and
3. There are potential solutions to the retirement crisis, but tweaks and small changes at the margins won’t be enough."
    This has to be the largest pile of bullshit to keep resurfacing every cuppla' years.  I was involved in a corporate 401k when I was in the manufacturing sector, then involved in IRAs as a self-employed carpenter-cabinetmaker; then as a truck driver.  I have yet to encounter the bullshit the aforementioned articles say are the multitude of problems associated with both programs.  The 'GRA system' is just another Social Security-esque Ponzi Scheme to be freely raided as GRA funds are deposited in the 'general fund.'

     "Clown Prince" obama should not bear the entire brunt of this scheme to legally--once the Congress writes the law, slanted toward confiscation--steal the commoners' private retirement funds.  This has been going on in some form since "Slick-Willie" Clinton, and possibly before.  Therein lies the kerfuffle:  can anyone point to a government agency; a government department, a quasi-government organization that's run at a break-even point, and is fraud-free?!?  I think not!
    Take for instance, the U.S. Postal Service.  The Post Office recorded recent losses of $15.9 Billion (2012), $5.1 Billion (2011) and $5.8 Billion (2010).  It's been forecasted to have annual losses of $18.5Billion by 2015 if Congress doesn't address the important issues.  Remember the federal government--ultimately the Congress--runs Freddie Mac , Fannie Mae and Sally Mae.  See how efficiently they're run, right?!?  Can we expect the Congress to put the confiscated private retirement funds in a 'lock-box' for preservation?  I'm sure they will, much like the Social Security revenues.  The funds will stay in the 'lock-box' until the Congress--again, like the Social Security funds--finds some place to piss 'em away!!
    The aforementioned GRA confiscation plans will likely take place during the second "Clown Prince" obama Regime, as directed by The Bilderberg Group.  Both are finally realizing the unlikelyhood of the national debt EVER BEING REPAID.  The national debt (currently-$16.301 TRILLION) debacle will--and does--directly affect the country's credit rating, hence the Congressional borrowing power.  The Executive Branch--as demanded by The Bilderberg Group--will order private retirement funds seizure to preclude their socio-fascist form of government collapsing in upon itself.  The prevention of said inward collapse will allow the Congress to continue to borrow form outside sources; China, Russia, India, et al!!
Remember: Socialism works really, really well until the Congress runs out of OUR MONEY!!
[Thank Margaret Thatcher (former British Prime Minister) for that adapted sentiment]
Your thoughts??
Til Nex'Time....
Research 'Lie-Barry:'
http://news.coinupdate.com/us-departments-of-labor-and-treasury-schedule-hearing-on-confiscation-of-private-retirement-accounts-0431/
http://www.rumormillnews.com/cgi-bin/testforum.cgi?noframes;read=251134
http://www.chacha.com/question/how-much-money-does-the-federal-government-spend-every-hour
http://politicalvelcraft.org/2012/11/19/ira401k-confiscation-coming-cash-out-get-outside-of-the-system-into-gold-silver/
http://retirementblog.ncpa.org/guaranteed-retirement-accounts-trick-or-treat/
http://retirementblog.ncpa.org/a-surprise-is-really-no-surprise/
http://www.thecomingdepression.net/main-street/scams/fdic-wants-your-retirement-cash-to-save-banks-bloomberg/#axzz2Dht7qm4E
http://nesaranews.blogspot.com/2012/11/corporate-cabalists-have-designed-chaos.html
http://www.usdebtclock.org/
The Bilderberg Group; George Soros view:
http://mediamatters.org/research/2010/11/02/limbaugh-falsely-claimed-democrats-are-talking/172800



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Thursday, December 22, 2011

This'n'That; December Twenty-Second #1; owe-bamanomics 101

owe-bama Pushes Fraud On Two Fronts!
    Not only is "Clown Prince ZERO-bama, the Narcissist" continuing to lie about the "payroll tax cut," he's lying by omission in that he's not said a word about how the "payroll tax cut" is being "paid for!"  Although he thinks he could be the third or fourth best president in history, obama is the greatest lyin' son'uva'bitch that's ever held the office!!
Re-elect Obama - You Have The Right To Remain Stupid
    Firstly, the lyin' son'uva'bitch that is obama, has consistantly called his action: the "payroll tax cut;" while it will continue the additional $19.20 in the average weekly paycheck, it's actually a method the "Clown Prince" is using to continue to bankrupt the Social Security System!!  If the extension were to be for a full year, the cost to the Social Security System will be approximately $500 Billion!!
Hydrogen Barackside
    Secondly, a two-month extension of ANY piece of tax legislation is idiotic on it's face!!  This period of the business-year, the accounting staff are performing their year-end-magic; reconciliations galore, plus all the federal, state and local tax mandates the businesses have to meet by year's end!!
    Thirdly, the owe-bamacRATics are using total-year numbers to sway those of the serf class into their camp.  Actually, the two month extension involves $153.60 for the average wage-earner, not the $1,000, owe-bamacRATics would have you believe!  Remember if an owe-bamacRATic's lips are moving.... HE OR SHE IS LYING!!!
United States Tea Party
    Fourthly, rather than any cuts in spending--Heaven Forbid!!--to 'pay for' this asinine continuation of the Social Security bankruptcy, the Senate owe-bamacRATics want a $15 PER MONTH increase in fees for those mortgages which go through the corrupt, bankrupt government agencies; Fannie, Freddie and FHA.  The increase will amount to $180 per year--EVERY YEAR--on each $200,000 increment of a mortgage!!

    Fifthly, C. Ellis Schumer--the Putz of Park Avenue--had to weigh in; had to have some face-time; some 'ink!'  He has to vilify anyone in the republicRAT controlled House; this time it is Speaker John Boehner. "The Putz" had this to say about Speaker Boehner:

"He's afraid of the eighty Tea Party, way-out-there people in his caucus.  He's letting them run the caucus, run his House."

         Were C. Ellis--"The Putz," himself--anything other than of the Jewish faith, he'd be afraid of the "Tea Party" as well.  His voter-base is much like that of "Clown Prince ZERO-bama, the Narcissist;" those evil rich people the owe-bamacRATics vilify at every turn!  He listens to them FIRST, the rest of the state-LAST!!
'Splain to me again, why YOU elected "Clown Prince ZERO-bama, the Narcissist?!?"
Til Nex'Time....
[Illustrations from http://www.fredstates.com/]

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Monday, October 10, 2011

This'n'That; October Tenth #1; oWS

[For an 'in-sequence' read: http://www.justincase505.wordpress.com/ ]
What-The-Hell's It All About, Anyway?!?
    I'm fairly sure I know what it's NOT about.  occupy Wall Street IS NOT comparable to the "Tea Party" movement as the incompetent media; the 'national pamphleteers,' would have the public believe!  Objectives of the two 'organizations' are (possibly) diametrically opposed to one-another:
The "Tea Party" movement came into being as a direct result of Glenn Beck's "We Surround Them;" a series of 2009 specials on Glenn Beck's FoxTV program.  An offshoot of the 'WST' series was the "9-12 Project," not a result of the 'Tax Day' protests of the 1990s or the December 16, 2007 celebration of the original 'Boston Tea Party' by Ron Paul supporters-as some contend. There are many who claim leadership of the "Tea Party" movement, most for financial gain rather than the promotion of any stated principles.  The principles and values of the "9-12 Project" as compiled by Mr Beck:

The Nine Principles are:
1.  America is Good.
2.  I believe in God and He is the center of my life;
3.  I must always try to be a more honest person than I was yesterday;
4.  The family is sacred.  My spouse and I are the ultimate authority, not the government;
5.  If you break the law, you pay the penalty.  Justice is blind and no one is above it;
6.  I have a right to life, liberty and the pursuit of happiness, but there is no guarantee of equal results;
7.  I work hard for what I have and I will share it with who I want to.  Government cannot force me to be charitable;
8.  It is not un-American for me to disagree with authority or to share my personal opinion;
9.  The government works for me.  I do not answer to them, they answer to me.
The twelve values are:  honesty, hope, reverence, thrift, humility, charity, sincerity, moderation, hard work, courage, personal responsibility, gratitude (orig: friendship).
    Thus is the basis for the "Tea Party" movement.  Try as I might, I can find no comparable principles or values for the 'occupy Wall Street' organization.  What I was able to find:  while the 'occupy Wall Street' organization--or dis-organization, depending on whom you believe--claims to be leaderless, the group is supported--and some say, financed--by both the George Soros financial and socio-liberal media empires as well as Richard Trumpka's various AFL-CIO unions.
  The 'spokespeople' for the "occupy...." group are saying that 'corporations' have:
1.  Taken our houses;
2.  Poisoned the food supply;
3.  Hidden and profited from the 'torture, confinement and cruel treatment of countless animals;
4.  Held students hostage with.... debt on education, which is itself a human right;
5.  Used the military and police force to prevent freedom of the press;
6.  Continued to block generic forms of medicines that could save people's lives;
7.  Participated in the murder and torture of innocent civilians overseas, et al.

While claiming to represent "the 99% of the people against the 1% (that 1%-- presumably--being those evil corporations)," the group making these ludicrous assertions, they also demand that:
1.  Employees not only strike, but seize their workplaces, collectively;
2.  Students seize classrooms and free minds together;
3.  [The citizenry] seize and use abandoned buildings, abandoned land.... for the people, for every group that will organize them.
    Without the defined criticisms and goals required of a logical protest, this one surely will not have the lifespan of the "Tea Party" movement.  It can not be a well-reasoned protest--against those evil corporations and capitalism, as an example--to partake of the products and services of those very entities they protest!!  Just a couple of examples:
1.  Each protester invaribly has a cellphone-from an evil corporation-and-capitalist like Apple, Verizon, Sprint, AT&T, T-Mobile, Boost Mobile, Cricket, Virgin Mobile, U.S. Cellular, MetroPCS, Tracfone, et al;
2.  Each protester has to "use-the-restroom," periodically.  Reports have it that they go to a local McDonald's Restaurant for that service-an entity--an evil corporation and capitalist--that makes a profit; an entity--an evil corporation and capitalist--that pays a wage as low as they can!!
3.  A comment from one 'Spencer LaFong (10/03/'11)' on the "occupy...." website:
"The Tea Party is financed by the corporate greedheads that are the target of these protesters.  Their "clear message" is lower taxes for their corporate masters, no government services or benefits for the non-wealthy masses, and the mythical "free market" --sorry, no such thing.  They get their "representatives" elected by lying and playing to their ignarant audience and their basest fears."
   It's been some time since I've found someone as out-of-touch-with-reality as Mr LaFong!  As loosely-knit an organization as the "Tea Party" movement is, they have no demand for; no use for 'financing' that LaFong alleges.  The "Tea Party" movement supports a return to a smaller federal government, reduced federal spending, a balanced federal budget, adherence to the provisions of the U.S. Constitution, for the benefit of everyone-including these demonstrating miscreants!!
    All these assertions; all these demands, seem to come directly from the 'playbook' of the 1960s demonstrators and--most probably--will be just as successful!!  The oWS movement is not the 'grassroots' effort the proponents claim it to be with aforementioned backing and funding from both Soros and the various labor, service and teachers' unions.  For those finding my assertions not believable, when's the last time 700 "Tea Partiers" were arrested?!?
    The oWS participants have long been indoctrinated into the ways of the dependency class of the American societal structure.  The dependency class--in the modern era--got an early 'push' with the Lyndon Johnson "Great Society" which sought to placate the negroes in America with many of their number qualifying for existing and new entitlement programs.  Not only did President Johnson extend entitlement programs to millions of those just marginally qualified; it was under his administration that Social Security (FICA) payments to the Treasury went from  a special 'lock-box,' to being deposited into the general fund, to be spent--willy-nilly--with the other, general tax receipts.
    More examples of failed socio-fascist entitlement programs clearly indicate that the democRATics; the owe-bamacRATics lead the way in wealth redistribution; this is a newly-found phenomenon by "Clown Prince ZERO-bama, The Narcissist!"  Starting with the FDR 'alphabet programs,' and Social Security; continuing on with every democRATically controlled Congress conspiring with their democRATic president.  Way-back-when, Social Security benefits were tax-free; bett'cha didn't know that!!  In 1983, the 98th Congress (Senate-R majority; House-D majority) voted to initiate the taxation of 50% of Social Security benefits.  We can thank that socio-fascist AlGore (who also claims to have invented the internet--another of his many lies!!) for casting the tie-breaking vote in raising the portion of said benefits subject to taxation to 85%.
    The list of federal entitlement programs just continues to grow--as if on HGH:
529 or Coverdell educational savings plans;
The home mortgage tax deduction;
HOPE or Lifetime Learning Tax Credit;
Student Loans;
Child and dependent care tax credit;
Earned Income Tax Credit;
Social Security-Retirement 'n' Survivors;
Pell Grants;
Unemployment Benefits;
Veterans Benefits;
G.I. Bill(s);
Medicare;
Head Start;
Social Security-Disability;
SSI (Supplemental Security Income);
Medicaid;
Welfare/Public Assistance;
Government Subsidized Housing;
Food Stamps (EBT Debit Cards).
    With all these cash and in-kind benefits, why would anyone work?!?  Why DOES anyone work?!?  Many--if not most of--the oWS protestors have had each-and-every-one of these wealth re-distribution programs available for them to abuse for an entire lifetime!!  Is it any wonder--after being bombarded with benefits by politicans--they "roll-over-and-play-dead" when it comes to gainful employment?!?  Hell, there's no reason to work, if ya know how to 'game the system!!'
Til Nex'Time....

http://specfriggintacular.wordpress.com/2011/04/07/democrat-entitlement-programs-roughly-60-of-the-us-national-debt/#comment-999
http://wiki.answers.com/Q/List_of_government_entitlement_programs
http://wiki.answers.com/Q/What_is_the_cost_of_federal_government_entitlement_programs
http://wiki.answers.com/Q/What_is_an_entitlement_program
http://boingboing.net/2011/07/08/half-of-us-social-pr.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+boingboing%2FiBag+%28Boing+Boing%29
http://en.wikipedia.org/wiki/9-12_Project
http://en.wikipedia.org/wiki/Tea_Party_movement
http://www.thenewamerican.com/usnews/politics/9269-big-soros-money-linked-to-occupy-wall-street
http://www.businessweek.com/news/2011-10-05/unions-support-anti-wall-street-protests-afl-cio-s-trumka-says.html
http://nycga.cc/
http://nycga.cc/who-we-are/ http://nycga.cc/comments/
 

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Monday, October 27, 2008

This'n'That; October 28th[Lcl History;obama;Definitions]

History At The L0cal Level A gentleman, Bob Marcotte writes a column a few times a week in the Rochester [N.Y.] Democrat and Chronicle. His columns deal history as it happened in the Rochester area and/or as it affected this area. Creativity helped Rochester promote WWII bonds "Eight miniature 'Pacific Islands' dotted the smooth Main Street 'sea' last night as the stage was set for the ceremonial opening of the Sixth War Loan campaign this evening. The string of Pacific lands, dotted with palm trees, begins with the Philippines just east of the Four Corners and ends with Tokyo, east of Main Street East and Clinton Avenue. Volunteer workers anchored the islands, which straddle the center traffic line, and surrounded them with sand bags and red lights to forestall any premature invasion by streams of cars in traffic." --Democrat and Chronicle, Nov 20, 1944. The things Rochester came up with to promote war bonds during World War II! Centerpiece of the Sixth War Loan Campaign was a replica of a U.S. aircraft carrier, nicknamed "Tokyo-bound." The idea was this: For every $33,644 in war bond sales, the Tokyobound would be moved one foot farther east up Main Street, gradually passing those islands one-by-one. And if all went well--if Monroe County reached its $64.4 million goal-- the carrier would "capture" Tokyo on the last island. War bonds were a big deal during World War II. Why? ***They helped finance the war effort, raising some $135 billion toward the $330 billion overall cost of the war. They were bought by big businesses and average citizens. ***They helped forestall ruinous inflation "by sopping up excess wages at a time when there were acute shortages of many consumer goods," adds Ronald H. Bailey in The Home Front: U.S.A., part of the Time-Life series on the war. Indeed, by mid-1943 the home front "was awash in so much money-some $70 billion in cash, checking accounts and savings, compared with $50 billion in 1941-that one U.S. Treasury official referred to it as 'liquid dynamite,' " Bailey explains. To diffuse the situation, the federal government took several steps, including a requirement that employers begin deducting from each paycheck an apropriate percentage of income ta, which up to then had simply been paid as a lump sum at the end of the year. Thus began the withholding tax that continues to this day. The Treasury also began selling war bonds, in denominations ranging from $25 to $10,000. A war bond was, in effect, a loan made by a citizen to the government. A $25 bond, for example, sold for $18.75, and could be redeemed for its full value after 10 years. No expense was spared to promote the sale of bonds. Huge rallies were held, at which movie and radio stars and war heroes back from the front exhorted patriotic Americans to chip in. Ads flooded the airways and filled newspaper columns. Posters proliferated in public and work places. And Rochester found some truly novel ways to drum up support. Getting creative For example, on June 8, 1943, thousands of Rochesterians stood in line to look at a Japanese midget submarine athat had been captured after the attack on Pearl Harbor. It was parked on Main Street between Clinton and South avenues. More than 25,000 residents, in fact, bought war bonds or stamps for the privilege of peeking through a series of portholes cut into the sides of the submarine. The goal was to cover the $500,000 price tag of a new Navy sub chaser. More than $700,000 was collected. "Spectators got a big kick out of seeing the 81-foot pigboat," the Democrat and Chronicle reported. "It's bigger than I thought it would be" was a common reaction. Also: "It looks like a fish." The followig June, while the world waited expectantly for the Allies to invade western Europe, Rochester braced for an equally important struggle at home. The six-county quota for the fifth national war bond drive was a staggering $83.4 million, far surpassing previous drives. To help drum up support, a temporary pedestrian bridge, featuring four flags and a replica of the Liberty Bell, was erected across Main Street at Stone Street [A similar tactic was used during a War Bond campaign in Rochester during World War I.] The Democrat and Chronicle explained the symbolism: War bonds would help build a bridge from the "threat of totalitarian domination" to the "more promising opportunities [that] the victory of decent ideals will bring." A variety of events were scheduled at the bridge to publicize the campaign. War heroes gave speeches. Free tickets were given away for the movie Going My Way starring Bing Crosby. A Stromberg-Carlson Co. dance orchestra call the "Modulators" performed; so did the 80-voice Bausch&Lomb chorus and the 60-member Teutonia Male Chorus. Huge success It worked. No sooner had Sgt. and Mrs. Samuel Volo exchanged vows than they hurried down to the bridge to buy six war bonds: One for each of the bride's three brothers in the service, and one each for Volo and his two brothers, also in uniform. Salvatore Lambardo, a 44-year-old florist, bought $5,000 in bonds. It was "the only weapon I can use against the Germans," he explained. Two months earlier he had learned that his brother, his brother's wife and their 2-month-old baby were killed during a German bombin raid in Sicily. Two of his other brothers were missing in action with the Italian army, and this, too, he bleamed on the Germans. Seven-year-old Carol Mileo, alas, wanted to buy a war bond and ring the Liberty Bell, but was bed-ridden with the measles. Finally, with time running out, Carol's mother called the newspaper and a reporter obligingly bought a bond, rang the bell and brought the certificate to the grateful girl. By the end of the drive, the Rochester district had raised a "smashing total" of 100.1 million. The bridge came down. Rough Voyage And then, that November into December, the Tokyobound began inching its way along that symbolic chain of Pacific Islands stretching up Main Street. The miracle is that it reached its goal in one piece. Apparently the originators of this nifty idea had not taken into account Rochester's motorists-or the weather. The first night the islands were in place, a young motorist crashed into Tokyo. After a late November snowfall, another motorist flattened the island of Oshima Shoto and sped off, leaving a bumper behind. The replica carrier became progressively harder and harder to move as its hulk became encased in ice. And yet, even though the bad weather cut down on promotional events, the Rochester district again easily surpassed its quota, raising some $103 million. Famous visitors As mentione in a previous column, the camer that captured the lag-raising on Iwo Jima was taken with a Folmer-Graflex Speed Graphic camera made in Rochester. The three surviving flag-raisers-Pfc. Ira Hayes, Pfc. Rene agnon and Navy Pharmicist's Mage John Bailey-came to Rochester on May 16, 1945. as part of their nationwide tour to promote war bonds during the seventh war loan drive. Their misgivings about being sent stateside to do this while their buddies remained at the front was portrayed in the movie Flags of Our Fathers. They made no secret of it during their tour. "They give you the impression that they feel a bit guilty about their jobs as bond salesmen....sleeping in soft beds, eating the best offoods.....and telling people why they should buy War Bonds" while their comrade continue to fight in the Pacific, the Rochester Times-Union noted. They arrived on one of those cruel May days when the temperature never got above 46 and a cold rain fell. Long stretches of the parade route were utterly deserted. But not even the elements could deter one woman, wearing a babushka on her head, who was seen rushing up the platform after master of ceremonies Al Sisson had finished, waving a receipt for $3,000 and shouthing "I buy the bond, I buy." Mrs. Hosephine Di Maggio explaine4d that her son, a G.I. serving in Europe, had urged her to buy lots of bonds. "Her eyes beamed complete satisfaction as the chairman [Raymond Ball] took her hand and gave it an enthusiastic shake and congratulated her on her patriotism and loyalty to her adopted country." [Contact Mr Marcotte on-line: bmarcott@DemocratandChronicle.com ] Little Secret Exposed o-bomb-a has a dirty little secret that the mainstream media won't discuss: His radical plan to give illegal aliens Social Security benefits, Medicaid, amnesty and citizenship. By his own count there are twelve million illegal aliens in th U.S. and he wants them all getting government benefits. o-bomb-a's plan to give illegals driver's licenses-even though everyone knows the 9/11 plot began with 13 of the 19 perpetrators getting driver's licenses.

Definitions Necessary In The Current Political Climate

Socialism:

1. Any of various theories or systems of social organizaton in which the means of producing and distributing goods owned collectively or by a centralized government that often plans and controls the economy.

2. The stage in Marxist-Leninist theory intermediate between capitalism and communism, in which collective ownership of the economy under the dictatorship of the proletariat has not yet been successfully achieved.

3. A political and economic theory or system of social organization based on collective or state ownership of the means of production, distribution and exchange. Like capitalism, it takes many and diverse forms.

Facism

1. An authoritarian and nationalistic right-wing system of government and social organization.

2. Extreme right-wing, authoritarian, or intolerant views or practice. The term fascism was first used describing the totalitarian right-wing nationalist regime of Benito Mussolini in Italy [1922-1943]. The Nazi Regime in Germany was also Fascist. Fascism tends to include a belief in the supremacy of one national or ethnic group, a contempt for democracy, an insistence on obedience to a powerful leader and a strong demogogic approach.

3. The five main components of the facist ideology:

a] Extreme [superior] nationalism.

b] An assertation of national decline.

c] National decline is often linked to a diminution of racial purity of the nation.

d] The blame for national decline is based on a conspiracy of other nations/races seen as competing for dominance.

e] In the struggle for dominance, both capitalism and liberal democracy are seen as divisive devices to ragment the nation and subordinate it in the world order.

4. The philosophy of government that stresses the primacy and glory of the state, unquestioning obedience to its leader, subordination of the individual will to the state's authority and harsh suppression of dissent.

Communism

1. A theorectical economic system characterized by the collective ownership of property and by the organization of labor for the common advantage of all members.

2. A system of government in which the state plans and controls the economy and a single, often authoritarian party holds power, claiming to make progress toward a higher social order in which all goods are equally shared by the people.

3. The Marxist-Leninist version of Communist doctrine that advocates the overthrow of capitalism by the revolution of the proletariat.

Til Nex'time.....


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