Submitted by Tyler Durden on 04/02/2016. http://www.zerohedge.com
The Middle Class is dying. Unlike the
oligarchs’ Big Banks, we are not “too
big to fail.” Our jobs are gone. Our unions are gone. Our Middle Class
wages are gone. Very soon, our homes will be gone. But don’t worry! It’s
just the New Normal. by Jeff
Nielson
….
..
Our Introduction:
..
DOWN
WITH THE “NEW NORMAL’!!
The PACIFIC
REVOLUTION TO CHANGE THE WHOLE SYSTEM IS THE SOLUTION
PEOPLE
SHOULD CONTROL THE STATE 1ST This
is the main point in voting SANDERS
WE TRUST HIM, is the real honest person in this race. We will make him win the nomination
IF SANDERS
BETRAY us by submission to the by-partisan system, we should replace him.
TO assure that victory belongs to people we will form the American Socialist Democratic Party
At the same time
we should help to create the PEOPLE FRONT FOR REBUILD
AMERICA
Hugo
adan. April 3, 2016
HASTA LA VICTORIA FINAL!! ... VENCEREMOS!!
….
….
READ
the article By
Jeff Nielson via SprottMoney.com,
Several months ago, a chart produced by one of the Big Banks
was presented
to readers . It
was supposed to be innocuous data on global wealth distribution, but instead
portrayed a horrifying picture.
The focal point of the aforementioned article was that when
it came to “the world’s poorest people,” the Corrupt
West has now produced a greater percentage of severe poverty in its own
populations than in India, and an equal percentage of such poverty as exists in
Africa.
Stacked beside this, we see that when it comes to the
richest-of-the-rich, the Corrupt West remains in a league of its own.
Supposedly, we are living in “the
New Normal,” where life is supposed to get increasingly harder and
harder. So why does the New Normal never affect those on top?
Of course all of these extremely poor people being
manufactured by our governments (as
these regimes give away our jobs, destroy wages, and eviscerate our social
programs) have to come from somewhere. Certainly they don’t come from the
Wealthy Class.
Indeed, the chart above provides
us with a crystal-clear view of where all these poor and very-poor people are
coming from: the near-extinct Middle Class. In order to manufacture
hundreds of millions of impoverished citizens in our nations, the Old
World Order has had to engage in a campaign to end the Middle Class.
We are conditioned to consider economic “classes” within our
own societies, but with the chart above, we’re given a global perspective. Where does the
Middle Class exist today, globally? At
the upper end, it exists in China, and to a lesser extent, in Latin America and
other Asian nations. At the lower end of the Middle Class, we see such
populations growing in India and even Africa.
Only in the West, and especially
North America, is the Middle Class clearly an endangered species.
Two incredibly important aspects of this subject are necessary to cover:
1) How and why has the
One Bank chosen to perpetrate Middle Class genocide?
2) What are the consequences of the Death of the Middle
Class?
Attempting to catalogue the
nearly infinite number of ways in which the oligarchs of the One Bank have
perpetrated their Middle Class genocide is impractical. Instead,
discussion will be limited to the five most important programs responsible for
the Death of the Middle Class: three of them relatively new, and two of them
old.
a) Globalization
b) Union decimation/wage destruction
c) Small business decimation
d) Money-printing/inflation
e) Income taxation
Globalization was rammed down our throats in the name of “free trade,” the Holy Grail of charlatan
economists . But, as previously explained, real free trade is a
world of “comparative
advantage” where all nations play by a fair-and-equal set of rules. Without
those conditions, “free trade” can never exist.
The globalization that has been imposed upon us is, instead,
a world of “competitive
devaluation,” a corrupt, perpetual, suicidal race
to the bottom. The oligarchs understood
this, given that they are the perpetrators. The charlatan economists
were too blinded by their own dogma to understand this. And, as always, the
puppet politicians simply do what they are told.
Next on the list: union decimation and wage destruction are
inseparable subjects, virtually the flipside of the same coin. “But wait,”
shout the right-wing ideologues, “unions are corrupt, everyone knows that.”
Really? Corrupt compared to
whom? Are they “corrupt” standing next to the bankers, who have stolen
all our wealth ? Are they “corrupt” standing next
to their Masters, the oligarchs who are hoarding all our
stolen wealth ? Are they “corrupt” standing next to
our politicians, who betrayed their own people to facilitate this economic
pillaging? No, compared to any of
those groups, unions (back when they still existed) were relative choir-boys.
When it comes to corruption,
nobody plays the game as well as those on top. Compared to the Fat Cats, everyone else are rank
amateurs. When unions were strong and plentiful, everyone had jobs. Almost
everyone earned a livable wage (or better). Gee, weren’t those terrible times!
Look how much better off we are now, without all those “corrupt unions.”
The other major new component in the deliberate, systemic
slaughter of the Middle Class was and continues to be Small Business
decimation. “Small business is the principal job-creator in every economy.” Any politician who ever got elected can tell you
that.
If this is so, why do our corrupt governments funnel endless
trillions of dollars of Corporate Welfare (our money) into the coffers of
Big Business, while complaining there is nothing left to support Small
Business? Why do our governments stack the deck in all of our regulations
and bureaucracies, greasing the wheels for Big Business and strangling Small
Business in their red tape?
Why do our governments refuse to enforce our anti-trust laws? One
of the primary reasons for not allowing the corporations of Big
Business to grow to an illegal size is because these monopolies and
oligopolies make “competition” (meaning Small Business) impossible. One
might as well try to start a small business on the Moon.
Then we have the oligarchs’ “old tricks” for stealing
from the masses (and fattening themselves): banking and taxation. Of
course, to the oligarchs, “banking” means stealing, and you steal by printing
money. As many readers are already aware, “inflation” is money-printing – the
increase (or inflation) of the supply of money.
In the absence of the gold
standard, there is no way to protect savings [i.e. wealth] from
confiscation through inflation .
- Alan Greenspan (1966
version )
Remove the
Golden Handcuffs , as central banker Paul Volcker bragged
of doing in 1971, and then it’s just print-and-steal – until the whole fiat
currency Ponzi scheme implodes.
Then of course we have income taxation: 100 years of
systemic thievery. No matter what the form or structure, by its very nature every
system of income taxation will:
i) Provide a free ride to those at
the very, very top
ii) Be revenue-neutral to the
remainder of the wealthy
iii) Relentlessly steal out of the
pockets of everyone else (via over-taxation)
This is nothing more than a matter of applying simple
arithmetic. However, many refuse to educate
themselves on how they are being robbed in this manner, year after year, so
no more will be said on the subject.
These were the primary prongs of the oligarchs’ campaign to
exterminate the Middle Class. As always, skeptical readers will be asking
“why?” The answer is most easily summarized via The
Bankers’ Manifesto of 1892 . This document was presented to the U.S.
Congress in 1907 by Republican congressman, and career prosecutor, Charles
Lindbergh Sr.
It reads, in part:
The courts must be called to our
aid, debts must be collected, bonds and mortgages foreclosed as rapidly as
possible.
When through the process of law,
the common people have lost their homes they will be more tractable and easily
governed through the influence of the strong arm of government applied to a
central power of imperial wealth under the control of the leading financiers [the
oligarchs]. People without homes won’t quarrel with their leaders.
We have “the strong arm of government.” The oligarchs saw to
that by bringing us their “War on Terror.” When it comes to throwing people out
of their homes, and creating a population of serfs, that’s a two-part process.
..
Step 1 is to manufacture artificial
housing bubbles across the Western world, and then crash those bubbles.
However, this is only partially effective in turning Homeowners into Homeless.
To truly succeed at this requires Step 2: exterminating the Middle Class. A
Middle Class can survive a collapsing housing bubble, assuming they remained
reasonably prudent. The Working
Poor cannot.
..
Finally, after more than a century of scheming, the
oligarchs have all of their pieces in place. In the U.S., they’ve even already
built many gulags – to warehouse these former Middle Class homeowners – since a
large percentage of those people are armed.
..
This brings us to one, final point: the consequences of
the Death of the Middle Class. What happens when you destroy the foundation of
a house? Just look.
As readers have been told on many previous occasions, the
“velocity of money” is effectively the heartbeat of an economy. It is another
way of representing the economics principle known as the Marginal Propensity to
Consume, probably the most important principle of economics forgotten by
charlatan economists.
The principle is a simple one, since it is half basic
arithmetic and half common sense. Unfortunately, these are both skills
beyond the grasp of charlatan economists. If you take all of the money out of
the pockets of the People, and you stuff it all into the vaults of the Wealthy
(where it sits in idle hoards), then there is no “capital” for our capitalist
economies – and these economies starve
to death .
What is the response of the
oligarchs to the relentless hollowing-out of our economies? They
have ordered the puppet politicians to impose Austerity: taking even more money
out of the pockets of the people. It is the equivalent to someone with anorexia
going to a doctor, and the doctor imposing a severe diet on the patient (i.e.
victim). The patient will not survive.
The Middle Class is dying. Unlike
the oligarchs’ Big Banks, we are not “too
big to fail.” Our jobs are gone. Our unions are gone. Our Middle Class
wages are gone. Very soon, our homes will be gone. But don’t worry! It’s
just the New Normal.
===
....
DOWN
WITH THE “NEW NORMAL”!!
The PACIFIC
REVOLUTION TO CHANGE THE WHOLE SYSTEM IS THE SOLUTION
PEOPLE
SHOULD CONTROL THE STATE 1ST This is the main point in voting for SANDERS
IF SANDERS
BETRAY us by submission to the by-partisan system, we should replace him.
WE TRUST HIM, is the only honest person in this race. We will make him win the nomination
TO assure that victory belongs to people we will form the American Socialist Democratic Party
At the same time
we should help to create the PEOPLE FRONT FOR REBUILD
AMERICA
....
HASTA LA VICTORIA FINAL!! ... VENCEREMOS!! Hugo adan. April 3, 2016
----
====
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