The German high court has ruled that children MUST take care of their parents even if they have not spoken to them in 27 years. The entire social contract is collapsing. The historical norm of children taking care of their parents was displaced with the New Deal where government stepped in to provide the safety-net. Now the high court has ruled that it is the child’s responsibility. So what are all these taxes for? German politicians earn more than 4 times the average politician. Government costs money – it is not an entitlement to extract taxes from the people.
German High Court Rules Children Must Support Parents – End of the Social State
Posted Feb 12, 2014 by Martin Armstrong |
Categories:
Uncategorized
Blog Alerts
Related posts
Biden Wants Banks to Report All Transaction over $600
October 9, 2024
Hurricane Update
October 1, 2024
Hurricane Outage- Blog Delays
September 30, 2024
Socialism
September 29, 2024
Labor or Marxist Day?
September 2, 2024
Blog Categories
- Armstrong Economics 101
- Armstrong in the Media
- Behavioral Economics
- Books
- Forecasts
- Great Divide
- History
- Hong Kong
- Humor
- Immigration
- International News
- Africa
- Australia & Oceania
- BigTech
- BRITAIN
- Canada
- Caribbean
- Censorship
- Central America
- China
- Collectibles
- Crime
- Democracy Crisis
- Disease
- East Asia
- Eastern Europe
- Emerging Markets
- Entertainment
- Ethics
- European Union
- France
- Germany
- Great Reset
- Greece
- HongKong
- Hungary
- India
- Insurance
- Iran
- Ireland
- Israel
- Italy
- Japan
- Latin America
- Lock Down
- Lockdaown
- Media
- medicine
- Mexico
- Middle East
- Migraction
- Migration
- Nature
- North America
- North Korea
- Poland
- Police
- Politics
- Revolution
- Rule of Law
- Russia
- Scandinavia
- Science
- South America
- South Asia
- Southeast Asia
- SPAIN
- Switzerland
- Taiwan
- Thailand
- Turkey
- Ukraine
- Vaccine
- Western Europe
- Market Talk
- Markets by Sector
- Plagues
- Products and Services
- Q&A
- Real Estate
- Uncategorized
- Upcoming Events
- webinars
- World Events
- Banking Crisis
- Bio Technology
- Capital Flow
- CENSORSHIP
- Central Banks
- Civil Unrest
- Civilization
- Climate
- Conspiracy
- Correction
- Corruption
- Cryptocurrency
- Education
- Freedom of Speech
- G7
- Geopolitical
- Gov't Incompetence
- Human Rights
- IMF
- Immigratin
- Immigration
- Interest Rates
- Monetary Reform
- NATO
- Neocons
- New Norm
- Pension Crisis
- Police State
- Population
- Press
- Private Money
- Propaganda
- Religion
- Separatists
- Sovereign Debt Crisis
- Student Debt
- Technology
- Terrorism
- The Hunt for Taxes
- Traders
- Tyranny
- Violence
- War
- WEF
- WOKE
- World Health Organization
- World Trade