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  1. #1
    Senior Member Airbornesapper07's Avatar
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    Aug 2018

    EU Takes Hungary To Court For 'Stop Soros' Law That Prevents Illegal Immigration

    EU Takes Hungary To Court For 'Stop Soros' Law That Prevents Illegal Immigration

    Unelected European Commission starts infringement procedures against country

    By: Jack Murphy |@NeonNettle on 28th July 2019 @ 2.00pm

    © press Hungarian MP István Hollik said that the government was prepared for the procedure.

    The European Commission is taking the Hungarian government to the Court of Justice of the European Union over its 'Stop Soros' laws that prevent illegal immigration.

    The law, which references globalist billionaire George Soros, was passed last year, making it a crime to help illegal immigrants and asylum settle in Hungary.
    Pro-immigration activists who help illegal immigrants face up to a year in jail.

    The European Commission, which is an unelected body which serves as the EU’s primary source of EU-level law, began infringement procedures against Hungary in August.

    © press The Commission has now referred the case to the Court of Justice of the European Union (CJEU, or ECJ)

    The Commission has now referred the case to the Court of Justice of the European Union (CJEU, or ECJ), according to Hungary Today.

    Hungarian MP István Hollik said that the government was prepared for the procedure.

    “The government believes that [the ‘Stop Soros’ laws] reflect the will of the Hungarian people and comply with the Geneva convention, the Schengen Agreement, and the Dublin Regulation,” he said.

    Hungarian government spokesman Zoltán Kovács said last year:

    TRENDING: Trump Proposes Issuing Subpoenas For Hillary Clinton Obama Records

    “The new ‘Stop Soros’ legislative package puts forth a more rigorous response by declaring illegal immigration a grave threat to Hungary’s national security.”

    “Committing such offenses regularly, providing financial support for illegal immigration or assisting illegal immigration in exchange for money will constitute felonies, and as such will be punishable by prison sentences of up to one year,” he added.

    © press The EU’s infringement proceedings is a just reflection of it imposing its will on countries who dare reject its open border' agenda.

    But the EU’s infringement proceedings is a just reflection of it imposing its will on countries who dare reject its open border' agenda.

    The EU threatened the Hungarians over another NGO law designed to make foreign funding more transparent, in 2017.

    In February, Foreign minister Péter Szijjártó has described Hungary's rejection of multiculturalism and mass migration as a resolution to market and demographic challenges.

    Szijjártó explained how the country is favoring a more socially cohesive society along with 'pro-family' policies which support local people to 'upskill' and raise their own families.

    “We have made it very clear during the debate in the European Union that we do not consider migration as a proper answer to our challenges regarding demography, or our challenges regarding the labor market,” he told Breitbart in an interview.“

    When it comes to demography, we would rather support our families to be able to raise more kids, and not to make it an economic decision whether to have another kid or not,” he explained.

    The policies the Fidesz-KDNP government under Prime Minister Viktor Orbán is supporting include natural population growth instead of opting for mass migration.

    [RELATED] Hungarian Prime Minister: 'We'll Fight George Soros And We'll Succeed'
    If you're gonna fight, fight like you're the third monkey on the ramp to Noah's Ark... and brother its starting to rain. Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)

  2. #2
    Senior Member Airbornesapper07's Avatar
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    If you're gonna fight, fight like you're the third monkey on the ramp to Noah's Ark... and brother its starting to rain. Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)

  3. #3
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    George Soros and The Rothchilds banking elite connections exposed?

    January 2, 2018 by IWB


    Just a coincidence or is it?
    Quantum is a fictional criminal organization featured as the antagonists in the James Bond films Casino Royale and its sequel Quantum of Solace. The organization exists in the shadows, and is known to contract third parties to avoid implicating itself.
    Soros speculates on the world’s financial markets via his secret off-shore company, “Quantum Fund NV”, a private “investment fund” that handles a portfolio of 4 to 7 Billion US$ for several “clients”. The Quantum Fund is registered in the tax haven of the Netherland Antilles in the Caribbean. In order to evade control of his financial activities by the U.S. administration not a single U.S. citizen sits on the board of Quantum. It’s directors are a curious mixture of Swiss and Italian financiers… you tell me. Nothing to see here, keep moving.
    Among the members of the board of the Quantum Fund is one Richard Katz. He is, at the same time, head of the “Rothschild Italia S.p.A.” in Milan and is also on the board of the commercial bank “N.M. Rothschild and Sons” in London. Another member of the board is Nils O. Taube. He is a partner in the London investment group “St. James Place Capital” which counts Lord Rothschild among it’s main partners. A frequent partner of Soros in several of his speculations –especially in the driving up of the gold quotation– is Sir James Goldsmith, a relative of the Rothschilds dynasty. On the board of Quantum we also find some heads of some highly “discreet” Swiss private banks (who help the syndicates of organized crime–weapons and drugs–to launder their money). Then there is Edgar D. de Picciotto, head of the Geneva private bank “CBITDB Union Bancaire Privee”, a main player on the gold and investment markets, Isidoro Albertini, head of the Milan stockbroking company “Albertini and Co.”, Beat Notz of the private bank “Banque Worms” at Geneva, Alberto Foglia, head of the Banca del Ceresio” at Lugano. In the course of the recent political corruption scandals in Italy it was found that several Italian politicians kept their money at the “Banca del Ceresio”. Apparently Soros had more than just insider knowledge about the weal points in Italian politics when he attacked the lira in Sept. 1994.
    Soros: is just a front man. Soros has been identified as a front man of the Anglo-French Rothschild banking group. Understandably neither he nor the Rothschilds want this important fact to be public, so the tight links to his friends in the London “City”, in the British foreign ministry, in the state of Israel and to his mighty friends in the American establishment would stay concealed.”
    William Engdahl explains : “Soros’ connection to the ultra-secret international finance circles of the Rothschilds is not just an ordinary or accidental banking connection. The extraordinary success Soros has on the high-risk financial markets cannot simply be explained with “gambler’s luck”. Soros has access to the “insider track” of the world’s most imporatnt information channels, both government and private.
    George Soros: Where Did He Get His Money?
    The global elite march in four essential columns: Corporate, Academic, Political and Organized Religion. In general, the goals for globalism are created by Corporate. Academic then provides studies and white papers that justify Corporates goals. Political sells Academic’s arguments to the public and if necessary, changes laws to accommodate and facilitate Corporate in getting what it wants. Organized Religion along with church and state secures corporate, academic and political rule into a global order.
    The power behind the Committee of 300 is the Anglo-Jewish cousin-hood that dominate the financial and political systems of the world. This cousin-hood includes the Rothschild, Rockefeller, Oppenheimer, Goldsmid, Mocatta, Montefiore, Sassoon, Warburg, Samuel, Kadoorie, Franklin, Worms, Stern and Cohen families.

  4. #4
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    Monday, 08 January 2018Deep State: Follow the Rothschild, Soros, and Rockefeller Money

    Written by Alex Newman

    With almost unlimited capital, Wall Street moneymen use it to centralize government. Their plans smack of worldwide crony capitalism, with government rules made to order.

    It may sound cliché, but there is a great deal of wisdom in the old saying about catching criminals: “Follow the money.” That advice applies as much to catching small-time petty thieves as it does to big-time global crime syndicates. And it is especially relevant when trying to understand the bureaucratic and intelligence community components of the Deep State, and more importantly, the Deep State behind the Deep State. This shadowy network, which is barely concealed at this point, includes secret societies such as Skull and Bones and the Bohemian Grove, as well as less-secretive organizations such as the Council on Foreign Relations, the Trilateral Commission, and the Bilderberg meetings. Money is key.
    Of course, as used by the establishment media, what has typically been referred to in recent months as the “Deep State” is simply just different parts of the federal government, particularly thepermanent bureaucratic caste and what is known as the “intelligence community.” However, that is only part of the story. Others who have commented on this subject have noted the prominence of the Big Business community and Wall Street in regards to the Deep State. Former congressional staffer Mike Lofgren, a top-secret security clearance holder and one of the early voices to develop the idea of a “Deep State” in America, refers to it as “a hybrid entity of public and private institutions ruling the country.”
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    Wall Street and the Deep State
    In particular, Lofgren has noted that Wall Street and D.C. are crucial. “Washington is the most important node of the Deep State that has taken over America, but it is not the only one,” argued Lofgren, who wrote a book on the subject before Donald Trump became president. “Invisible threads of money and ambition connect the town to other nodes. One is Wall Street, which supplies the cash that keeps the political machine quiescent and operating as a diversionary marionette theater. Should the politicians forget their lines and threaten the status quo, Wall Street floods the town with cash and lawyers to help the hired hands remember their own best interests.” Of course, Lofgren is correct. But the proverbial “rabbit hole” goes even deeper.
    Wall Street, and especially outfits such as “vampire squid” Goldman Sachs, are indeed essential elements of the Deep State. But the reality is even worse than Lofgren seems to realize. An explosive 2011 Swiss study published in the PLOS ONE journal on the “network of global corporate control,” for instance, highlights the fact that a tiny group of entities — mostly financial institutions and especially central banks — exerts a massive amount of influence over the international economy from behind the scenes. According to the peer-reviewed paper, which presented the first global investigation of ownership and control architecture in the international economy, transnational corporations form a “giant bow-tie structure.” A large portion of control “flows to a small tightly-knit core of financial institutions,” investigators found, describing the core as an “economic super-entity.” Not surprisingly, this economic super-entity is dominated by members of the Deep State behind the Deep State — a relatively tiny group of individuals with unfathomable power and influence. The individuals in control of a tiny handful of mega-banks — especially Barclays Bank, JPMorgan Chase & Co., Goldman Sachs, Deutsche Bank, and Credit Suisse, among a handful of others — are at the very center of it all.
    Lofgren was not the first observer to realize or point out that the elected officials ostensibly in charge of governing America are not really in charge. Even close friends and associates of the Deep State behind the Deep State have commented on the issue. The late Georgetown University Professor Carroll Quigley, a mentor to President Bill Clinton, was close to the core of the Deep State for years, and, while he disagreed with the secrecy, he admitted to agreeing with most of its aims. He was even allowed to examine their records for a period of time. And then, spilling the proverbial beans, Quigley put some of his explosive findings in his massive 1966 book Tragedy and Hope: A History of the World in Our Time.
    Quigley offered extremely important insight into the agenda, especially the monetary machinations, of the real Deep State. “The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole,” he explained on page 324. “This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations.”
    Indeed, just as Quigley explained, the world now exists under what could fairly be described as a neofeudalist-type system. And international entities such as the Bank of International Settlements, the International Monetary Fund (IMF), and the World Bank play key roles in it all. Another crucial component of that involves control of the economy and even the political systems of nations by a tiny clique, which exercises its power quietly through well-connected mega-banks that literally own the central banks. The Federal Reserve, for instance, is essentially a banking cartel, with each regional Federal Reserve bank owned and controlled by its member banks. In court filings, the “Federal Reserve” banks have even boldly declared that laws applicable to government agencies such as transparency requirements do not apply to Fed banks because they are private corporations.
    That the Federal Reserve System dominates the U.S. economy today is impossible to dispute — simply observe the news coverage and endless media speculation ahead of the Fed meetings about what the central planners may or may not decide to do about interest rates. Consider, also, that amid the last economic crisis, the U.S. Special Inspector General for the Troubled Asset Relief Program (SIGTARP) estimated the potential total cost of the combined crisis bailouts at $23.7trillion, with a T, or more than $75,000 per person in the United States — money created out of thin air by unelected, unaccountable central bankers. For perspective, the U.S. GDP is around $18 trillion. Those bailed out were largely the mega-banks and cronies of Federal Reserve bosses. Consider, too, that studies such as one released in 2014 by the Official Monetary and Financial Institutions Forum (OMFIF) show that central banks, including the Fed, now dominate even stock markets, with some of them even buying and selling stocks directly using money conjured into existence out of thin air. They also rig prices for all sorts of assets, as The New American and many other sources have documented and Fed bosses have admitted publicly. In 1998, Federal Reserve Chairman Alan Greenspan testified to Congress that “central banks stand ready to lease gold in increasing quantities should the price rise,” thereby keeping prices down.
    And according to top officials, many of these mega-bankers are beyond being “too big to fail” and being bailed out by unwitting American savers and taxpayers; they are also “too big to jail,” giving them free rein to perpetrate crimes at will. On March 6, 2013, testifying before a Senate committee, former Attorney General Eric Holder even said it explicitly: “I am concerned that the size of some of these institutions becomes so large that it does become difficult for us to prosecute them when we are hit with indications that if you do prosecute, if you do bring a criminal charge, it will have a negative impact on the national economy, perhaps even the world economy.”
    Deep State Moneymen Love Globalism and Communism
    Senior leaders of the Deep State behind the Deep State, which uses central banks and political institutions to advance its objectives, have boasted of their agenda and their power. The late David Rockefeller, formerly CEO of Chase Manhattan mega-bank and a leading Deep State boss involved in the leadership of the Bilderberg meetings, the Trilateral Commission, and the Council on Foreign Relations, revealed his true colors — in writing — in his 2002 autobiography Memoirs. “Some even believe we [the Rockefellers] are part of a secret cabal working against the best interests of the United States, characterizing my family and me as internationalists and of conspiring with others around the world to build a more integrated global political and economic structure — one world, if you will,” Rockefeller explains on page 405. “If that’s the charge, I stand guilty, and I am proud of it.” In short, the powerful globalist boasted of being a conspirator working against America in favor of a one-world system.
    The Deep State’s supposedly “capitalist” money men have no aversion to communism, either, as Quigley revealed in his book. Decades before the startling admission in his own memoirs, Rockefeller himself showered praises on the most murderous dictatorship to plague humanity in all of recorded history. “Whatever the price of the Chinese Revolution, it has obviously succeeded, not only in producing more efficient and dedicated administration, but also in fostering a high morale and community purpose,” Rockefeller claimed in a 1973 New York Times piece about Mao Tse-tung’s “communist revolution” that murdered tens of millions of people in cold blood. “The social experiment in China under Chairman Mao’s leadership is one of the most important and successful in human history.” For Deep State luminaries such as Rockefeller, then, mass murder and total subjugation of a people is a tremendous “success.” So we can safely conclude that the success or failure of the globalist world order Rockefeller and his cronies is aiming for will not be decided on how well it cares for the middle and lower classes.
    More recently, fellow Deep State bigwig George Soros, another key moneyman, and a protégé of the even more powerful and wealthy Rothschild dynasty, echoed those remarks about Communist China. In 2009, for instance, Soros called for the communist regime enslaving mainland China to “own” what he referred to as the “New World Order.” Speaking to the Financial Times, the self-styled philanthropist declared that the United States and the U.S. dollar were on their way down, and that the Communist Party regime must step up to the plate. “I think you really need to bring China into the creation of a new world order,” Soros said, without noting that the regime has murdered more people than any other in human history. “I think you need a new world order, that China has to be part of the process of creating it and they have to buy in, they have to own it in the same way as the United States owns … the current order.”
    It was hardly a slip up. The next year, while receiving the Globalist of the Year award from the Canadian International Council, Soros again called for China to play a lead role in the emerging global-governance regime. “They have now got to accept responsibility for world order and the interests of other people as well,” declared Soros, a self-styled atheist who has said publicly that he feels like a “god” sometimes. “Today, China has not only a more vigorous economy, but actually a better functioning government than the United States.” From Beijing to Moscow and Washington, D.C., to London, globalist Deep State operatives are all openly and covertly pushing for this new world order, which is being built through regional orders such as the European Union, the African Union, the Eurasian Union, the Union of South American States, and more as explained by so many globalist schemers.
    While rarely in the spotlight, the Rothschild banking dynasty — the ultimate Deep State characters — is at the center of the rigged global financial system. The Rothschilds are wealthy and powerful beyond comprehension. On its website, Rothschild & Co, one of the many Rothschild banking operations, styles itself “one of the world’s largest independent financial advisory groups,” providing services and solutions to “large institutions, families, individuals and governments, worldwide.” “Having been at the centre of the world’s financial markets for more than 200 years we can rely on an unrivalled global network of more than 2,800 talented employees and a track-record of outstanding execution with 50 offices around the world,” the website boasts in what might even be an understatement, adding that Rothschild & Co “can be closer to current issues than any other global financial institution in our core markets.” They are not kidding. Estimates of the ultra-secretive dynasty’s wealth reach into the trillions of dollars.
    The power of this dynasty is well known to historians and insiders, and it stretches back centuries. “The Rothschilds had decided the outcome of the Napoleonic Wars by putting their financial weight behind Britain,” noted historian and establishment apologist Niall Ferguson in his book The World’s Banker: The History of the House of Rothschild. In other words, even more than two centuries ago, this dynasty, which is deeply involved in the global central-banking regime described by Quigley, was able to decide the outcome of wars between two of the most powerful governments then existing on the planet. Since then, the dynasty’s power and wealth appear to have grown even further, owning businesses in financial services, real estate, mining, energy, agriculture, winemaking, and more, despite efforts to stay out of the limelight. Further highlighting the affinity of these supposed “super-capitalists” for communism, though, a leading member of the Rothschild dynasty, Baron Eric de Rothschild, publicly came out to help push the candidacy of Bulgarian Communist Party operative Irina Bokova to lead the United Nations as secretary-general.
    Deep State Foundations Finance Evil
    Many of the globalist bigwigs, such as the Rockefellers, Soros, the Rothschild dynasty, and dozens more like them, operate through tax-exempt foundations. Aside from helping shelter the Deep State moneymen from the same onerous taxation they promote, these foundations make up another key component of the Deep State’s financial architecture. The Rockefeller dynasty, for instance, operates a massive network of foundations with many billions of dollars. It includes the Rockefeller Brothers Fund, the Rockefeller Foundation, the Rockefeller Family Fund, and more. These, in turn, finance other tax-exempt foundations used to promote their agenda. Soros, meanwhile, just transferred $18 billion into his Open Society Foundations, which in turn finance hundreds of organizations, foundations, and causes around the world. Other mega-foundations controlled by the Deep State behind the Deep State include the Carnegie Foundation, the Ford Foundation, the Tides Foundation, the Bill and Melinda Gates Foundation, and many more. Each plays a unique but essential role.
    To understand how crucial these tax-exempt foundations are to advancing the real Deep State’s agenda, a simple overview of their actions provides some idea. The Soros network of foundations, for instance, promotes everything from glob*alism and statism to racial hatred and abortion, even funding training programs to teach European pastors to promote the European Union to their congregations. Leaks in recent years have revealed that the Open Society Foundations even fund a wide range of pseudo-Christian groups that aim to corrupt and hijack Christianity and churches — the pro-abortion group Catholics for Choice, for instance, or training programs for Orthodox pastors in non-EU nations designed to have those spiritual leaders lead their flocks into the transnational superstate. The Bill and Melinda Gates Foundation, meanwhile, finances everything anti-American, from Planned Parenthood and population control to K-12 Common Core school standards and efforts to globalize “education.” The Rockefellers have funded issues from pseudo-environmentalism and globalism to statism and feminism. And that is just the tip of the iceberg.
    Consider the “Green” movement. In 2014, a report by the Senate Environment and Public Works Committee exposed the network of billionaires and their foundations that it referred to as the “Billionaires Club.” This club, the report said, was responsible for creating an AstroTurf “Green” movement that hijacked vast swaths of the federal policymaking apparatus. The explosive 92-page study, entitled “The Chain of Environmental Command: How a Club of Billionaires and Their Foundations Control the Environmental Movement and Obama’s EPA,” exposes the tactics, too. Among other schemes, the network relies on an “incredibly sophisticated” system of front groups and the exploitation of loopholes in the tax code. The Billionaires Club’s machinations also involve “a close knit network of like-minded funders, environmental activists, and government bureaucrats who specialize in manufacturing phony ‘grassroots’ movements and in promoting bogus propaganda disguised as science and news to spread an anti-fossil energy message to the unknowing public,” the report said.
    In some cases, the network funds pseudo-scientific research, too. The findings are then disseminated by far-left “media” outlets such as the Huffington Post and Mother Jones that are also receiving Billionaires Club funds. “In one example, a story reporting on a Park Foundation-supported anti-fracking study was reproduced by a Park-funded news organization through a Park-funded media collaboration where it was then further disseminated on Twitter by the maker of Park-backed anti-fracking movies,” the report found. Three radical outfits in particular were identified as serving key roles in the scheming of the network: the Environmental Grantmakers Association, the Democracy Alliance, and the Divest/Invest movement. Other crucial components of the phony grassroots network involved in financing the deception and extremism include the Rockefeller Brothers Fund, the Schmidt Family Foundation created by Google boss Eric Schmidt, and the infamous Heinz Family Foundation largely controlled by former Secretary of State John Kerry’s wife.
    The abuse of these tax-exempt foundations by the Deep State behind the Deep State to subvert freedom in the United States and worldwide is hardly new. In fact, in 1952, Congress created the Select Committee to Investigate Tax-Exempt Foundations and Comparable Organizations, sometimes known as the Cox Committee and the Reece Committee after its two chairmen. Among other tasks, it was supposed to look into whether the foundations were supporting communism. It turns out that they were, but the reality was even worse. In an explosive interview with G. Edward Griffin released in 1991, Norman Dodd, the staff director of the committee, explained just how serious the threat was — and presumably still is.
    According to Dodd, H. Rowan Gaither, who was the president of the Ford Foundation at the time, summoned Dodd to his office in New York. Dodd said that Gaither asked him, “off the record,” why Congress was interested in investigating the activities of foundations such as the Ford Foundation. But before Dodd could even answer, Gaither noted, among other things, that many of those involved in policymaking at the foundation had been involved in the “intelligence” agencies, which were filled with communists in high places, and that policy directives for the foundations were coming out of the White House. Then, according to Dodd, Gaither dropped a bombshell: “Mr. Dodd, we are here to operate in response to similar directives, the substance of which is that we shall use our grant-making power to so alter life in the United States, that it can be comfortably merged with the Soviet Union.” Read that sentence again and let it sink in.
    The final report itself was revealing, too. “Some of the larger foundations have directly supported subversion in the true meaning of that term — namely, the proc*ess of undermining some of our vitally protective concepts and principles,” the investigators found, adding that the foundations were promoting internationalism and moral relativism. “They have actively supported attacks upon our social and governmental system and financed the promotion of socialism and collectivist ideas,” the report continued. Of course, this continues to this day. In his report, Dodd also argued that the mega-foundations were weaponizing the government “education” system to enable oligarchical collectivism. He noted, too, that a “revolution” had occurred that would never have been possible “unless education in the United States had been prepared in advance to endorse it.” The corruption of America’s “education” regime stretches back to progressive humanist John Dewey (not to be confused with Melvil Dewey of the Dewey Decimal System), who was financed by one of the Rockefellers’ tax-exempt foundations and is today known as the “father” of America’s government-education regime. Today, the Gates, Car*negie, and Rockefeller foundations, among others, continue the work.
    Other analysts have documented Wall Street and Deep State money men support for communism and subversion going back even further than that. In his book Wall Street and the Bolshevik Revolution, for instance, Stanford historian Antony Sutton exposed the key role played by certain Wall Street financiers in establishing communist tyranny in Russia, financing communism, profiting from communism, and more. The book shows also that Wall Street forces worked hard to ensure that revolutionary Leon Trostky could make it to Russia to help the process along. And they even helped the cause of global slavery by building up the Soviet economy and war machine. The results of this included the murder of more than 100 million people and the enslavement of billions more. China, Cuba, and many other nations were similarly enslaved under communist regimes with the fervent assistance of “Deep State” moneymen and government operatives, as this magazine has documented for decades.
    Today, the Deep State and the forces behind it — secret and semi-secret organ*izations and networks, as well as their interlinked financial operations and “intelligence” agencies — are closer than ever before to their goal of global totalitarianism frequently touted as the “New World Order.”However, they are also closer than ever before to being completely exposed, as millions of people around the world wake up. Humanity and the Deep State are in a race against time. If the Deep State wins, liberty and self-government die. The stakes are that high. But everyone can help. Start by reading the articles on the Deep State. Then, get involved. The future of freedom is on the line. And as any good criminal investigator knows, a good place to start is to follow the money. While the Deep State moneymen have a solid grip on the government, they are not in full control of state legislatures or either house of Congress. It is way past time for Congress to hold hearings and investigate.

  5. #5
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    Aug 2013

    Hungary Offering $35,000, Lifetime Tax Exemption For Having Lots Of Children

    by Tyler Durden
    Sun, 07/28/2019 - 09:55







    Faced with a declining birth rate and an unwilling to fill population shortfalls with immigrants like some of its European neighbors, Hungary has rolled out a seven-point "Family Protection Action Plan" which showers boatloads of cash, loan assistance and tax breaks to couples who agree to crank out lots of Hungarian children.

    For starters, the state is offering $35,000 to couples who get married and have at least three children. Specifically, women under 40 who are getting married for the first time will receive an interest-free, general-purpose loan of $35,000. Upon the birth of the couple's first and second children, loan payments will be suspended for three years each - with 1/3 of the principal paid off after the second child. After the third child is born, the debt will be wiped out.
    Couples with two or more children can also use their loans for the purchase of an existing property - but it gets better.
    "People living in villages should wait just a little bit longer," said Prime Minister Viktor Orbán in February. "Within a few weeks, we would like to announce a scheme specifically customised to their needs. This means that today young married couples agreeing to have two children are eligible for grants worth 22 million forints ($75,000 US) for starting their lives and creating their first homes, while families agreeing to have three children are eligible for grants worth 35 million forints ($120,000 US)," said Orbán in his February announcement.
    Hungary will also help out with mortgages - picking up the tab on roughly $13,500 US after the couple's third child, with an additional $3,500 US of relief for each further child.
    Moreover, women who have given birth to and raised four children will pay no income taxes for the rest of their lives, while grandparents who are still working are entitled to take leave to help take care of their new grandchildren.
    There's even a $9,000 subsidy for the purchase of a seven-passenger vehicle. "If you’ve ever tried to fit three children with car seats and everything else you need for children and probably the dog too in a car, you know how hard it is," said Hungary's minister of state for family, youth and international affairs, Katalin Novák. "Cars in Europe also tend to be smaller than American cars"
    As The Federalist's Emma Elliott Freire notes, "An unusual feature of the subsidies is that they go into effect while a child is still in the womb. Parents can claim the relevant subsidy for their baby as soon as an expectant mother reaches her second trimester of pregnancy."
    "This is a philosophical aspect for us. We believe life begins at conception. We value unborn children, not only born children," according to Novák, who added: "Hungarian young people are very family friendly. They want to get married and have at least two children. If that’s a fact, then we have to help them."
    Meanwhile, it looks like Orbán's existing measures to boost fertility have been working since he took office.
    She also argues the government’s policies are already proving successful. “Fertility has increased by more than 20 percent since 2010 [when Orbán took office]. It hit an all-time low of 1.25 in 2010 and now it is at 1.49,” she says. This still falls far short of the fertility replacement rate of 2.1, but Novák believes all signs point in the right direction for the long term, particularly the marriage rate.
    Between 2002 and 2010, under the Socialist government, the current opposition party, marriages decreased by 23 percent. Since 2010, marriages have increased by 43 percent,” says Novák. She believes if marriage rates go up, more children will inevitably follow. Novák also points out that since 2010, divorces have decreased by 29 percent and abortion in Hungary has fallen to an all-time low. -The Federalist
    The catch?
    In order to receive the benefits, women must remain married and employed.
    "We link family support to work. You have to take part in the labor market. Unemployment is at 3.4 percent. We struggle more with a lack of labor force," according to Novák.
    "We don’t want to change people. We want to make it possible for them to raise a family if they wish to," she added. "I have three children with my husband. I know that there comes a moment when you sit down and decide if you want to have another child. You discuss pros and cons. We want to put more arguments in the pros column. It’s up to you, but we want to make it easier to have a child or another child."

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