JUNE 22 16 SIT EC
y POL
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TODAY’ BUSINESS of BUYING ELECTIONS IS DIRTY & insufficient
THE DIRTY OLIGARCHY
JAMAS SABRAN SI FUERON AMADOS POR EL PUEBLO
O SOLO VOTADOS
via FRAUDE y ABORRECIDOS LUEGO
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ZERO HEDGE
ECONOMICS
To be sure, income
inequality and the complete erosion of the middle class in America is something
that we have discussed many times over the years, especially since the central planners have done nothing
but accelerate the problem. While many often focus on the super rich
during the income inequality discussion, a new study from the Urban
Institute shows that one rung below the super rich, dubbed the "Upper Middle Class", has
actually grown dramatically over the years (along with the rich) and has
significantly contributed to the slow disappearance of the middle class.
To make a long story
short, the report provides a stunning visualization of just how significantly the middle class has eroded from a population
standpoint, as well as from an income standpoint.
First, here is how
the report defines the different social classes that will be shown in the
charts below.
This first chart
shows that as a percentage of the total population, the Rich & Upper Middle
Class combined were just 13% in 1979, while the Middle Class accounted for
38.8%. Fast forward to 2014, and the Rich & Upper Middle Class combined for
31.2% of the total population, while the middle class shrunk to just 32% of the
population.
In 1979, the Middle Class controlled 46.4% of the total
national income, compared to the Rich & Upper Middle Class who controlled
just 30%. In 2014, the Middle Class only controlled 25.8%, while the Rich
& Upper Middle Class jumped to 63.1%!
This chart alone
shows all we need to know regarding the income inequality discussion, and the
demise of the middle class.
We'll leave you with the part of the paper's conclusion.
This study found that the proportion of the population in the upper
middle class went from under 13 percent in 1979 to over 29 percent in 2014. The
effect of this growth was magnified by the greater income differences between
this group and the rest of the population. Although wealthier people always have a greater share of total income,
this report documents a major shift in the distribution of economic resources.
In 1979, the bottom three income groups controlled 70 percent of all incomes,
and the upper middle class and rich controlled 30 percent. By 2014, this
distribution shifted to 37 percent for the bottom three groups and 63 percent
for the upper middle class and rich groups. The middle class alone saw its share of income decline from 46 percent in
1979 to 26 percent in 2014.
Any discussion of inequality that
is limited to the 1 percent misses a lot of the picture because it ignores the
large inequality between the growing upper middle class and the middle and
lower middle classes.
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POLITICS
The horrors of
terrorism should not be ignored. Rather, it’s that we should see the situation
as it is. And for those of us in the
West, the situation is that terrorism is a political weapon, wielded by
politicians in the service of what Dwight Eisenhower termed the
“military-industrial complex.” Terrorism is a deadly reminder of just how
deceived humans can become. Eliminating
it will be awfully hard if we remain terrified and deceived ourselves.
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Brian Pagliano, the
man believed to have set up and maintained the private server in the basement
of then-Secretary of State Hillary Clinton’s New York home invoked his Fifth
Amendment rights against self-incrimination more than 125 times during a deposition as part of a civil court case on
Wednesday.
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Over the course of
the past few months, the United States has pushed NATO to build
up troops on Russia's border, held
war games in its backyard, and deployed
aircraft carriers to the Mediterranean. The rationale for such actions has
always been very vaguely communicated, but as NATO European Command
General Philip Breedlove said,
it has all been to send a signal of
deterrence to Russia. However, the reality is that, according to General
Petr Pavel, chairman of the NATO Military Committee, there is no intelligence that suggests Russia
is planning any broad-scale aggression whatsoever.
"Shootings
don't push up gun sales. It's when the
government starts talking about banning particular guns and up go gun sales.
When people lose their right to buy a particular gun or a particular type of
gun, they go after them and they want
them then."
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Until recently the progressive mind has been resolutely
closed and stubbornly frozen in place against all things Trump. But cracks are appearing in the ice.
With increasing frequency over the last few months, some of the most thoughtful
left and progressive figures have begun to speak favorably of aspects of
Trump’s foreign policy..."The danger to the rest of us is not Trump, but Hillary Clinton. She
is no maverick. She embodies the resilience and violence of a system whose
vaunted ‘exceptionalism’ is totalitarian with an occasional liberal face."
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ME & WORLD ISSUES
"There’s debt
being piled upon debt being piled upon debt... and no one knows what
will really happen...they do not
seem to have a way out in my view, so it’s quite a broken situation."
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If posed with the
question who has the better credit rating, the United States or Russia, most
people would presumably pick the United States. However, that is not the case for Dagong Global Credit Rating Co, one of
the three biggest credit rating companies in China. Here's why...
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China is increasingly becoming the petro-state lender of
last resort. The primary reason for
that is producer states are rapidly
running out of time to prevent full scale political implosion on the
back of chronic economic pressures. For
all the hype around current ‘price recovery’, it means absolutely nothing for
most producer states. It’s becoming painfully obvious that the
prevailing geopolitical price of survival is structurally out of sync with
geological costs of production.
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When one looks at the
actual dynamics within the bookies, an odd divergence emerges: "Although Ladbrokes has received a higher
volume of bets to leave the EU, those making a punt on remain were placing
higher financially larger" - the average stake on a bet to remain
was £450, compared to £75 on a bet to leave."
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HUGE LIE from
HILLARY: BLAMED
TO BE BREACHED BY RUSSIAN HACKERS
Seek to CAUSE NUCLEAR WAR WITH RUSSIA. HER EVILNESS
has not limits
NOTICE that leaked
docts here contain a lot of evidences to indict her
By Tyler
Durden
Global Research, June
22, 2016 Zero Hedge
Moments ago the newswires lit up with news that the Clinton
Foundation“was among the organizations
breached by suspected Russian hackers in a dragnet of the U.S. political
apparatus ahead of the Nov. election, Bloomberg reports according to three
people familiar with the matter.
- CLINTON FOUNDATION SAID TO BE BREACHED BY RUSSIAN HACKERS
OPEN http://nd-hugoadan.blogspot.com/ to read: HUGE
LIE from HILLARY: BLAMED TO BE BREACHED BY RU...
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INFORMATION CLEARING HOUSE
The Looming
US War on Russia. By Finian Cunningham
The beast that is Western capitalist imperialism is
salivating for war agai
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The Chinese
People Are Outraged . “Do Not Succumb To The West”. By Andre Vltchek
“If you do, our nation will suffer immensely, and the rest
of the world will turn to ashes.”
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Israeli
Intelligence Chief: We Do Not Want ISIS Defeat In Syria. By Al Masdar News
Israeli intelligence Chief, said “Israel” does not want the
situation in Syria to end with the defeat of ISIS “
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Israel
Considers Its Demographic Time Bomb .By Jonathan Cook
The Ashkenazim feared that one day the Arab Jews might make
a political alliance with the native population, the Palestinians
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New Cold
War Feeds War Machine. By Chuck Spinney
Politics is the entertainment division of the Military
Industrial Complex. Frank
Zappa
The Obama administration starting a new Cold War with Russia
and China makes sense if viewed from the perspective of the Military-Industrial
Complex.
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Brexit:
What Is It About? By Paul Craig Roberts
he UK government and presstitute media used Cox’s murder to
drive home the propaganda that violent racists were behind Brexit
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Panellists locked horns over immigration, as the pro-EU
London Mayor Sadiq Khan tore into his predecessor Boris Johnson
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COUNTER PUNCH
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Richard Jermain The Violence of Predictable Responses
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Andrew Smolski. The CNTE’S Battle for Education
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Thomas Barker How “Left Remain” Campaigners Abandoned the
Working Class: Lesser Evilism in the EU Referendum
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WASHINGTON BLOG
By Steve Keen
Andrew Watt has written a passionate critique of my support
for Brexit (“Progressive
economists should support Remain not Brexit – a response to Steve Keen”),
and it highlights a key feature of this peculiar referendum: people who
normally find themselves on the same side in most economic and political
debates have been divided by this referendum.
But many other economic colleagues, such as Richard Werner,
support Brexit as I do. Richard states his position this way:
The economics is clear: there is no
need to be a member of the EU to thrive economically, and exiting does not have
to impact UK economic growth at all. The UK can remain in the European
Economic Area, as Norway has done, or simply agree on a trade deal, as
Switzerland did, and enjoy free trade – the main intention of European
agreements in the eyes of the public.
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Posted on June
22, 2016 by WashingtonsBlog
The following is an excerpt from Springmann’s book, Visas for Al Qaeda,
sent to us by the author.
Throughout Visas for Al Qaeda: CIA Handouts That
Rocked The World, we’ve seen how the US government, which increasingly
resembles a terrorist organization, worked with extremists, including its then–asset
Osama bin Laden, to destabilize and then destroy Serbia. According to John
Schindler, professor of strategy at the US Naval War College, the American
Department of State and President Clinton sought to bomb the Serbs to help the
Muslims, “following the lead of progressive opinion on Bosnia.” Thousands of
Arab-Afghans (Saudis, Yemenis, Algerians, Egyptians, Tunisians, Iraqis,
Libyans, Jordanians, and others), with extensive combat experience gained
fighting the Soviets in Afghanistan on behalf of the Americans, opened a new
front in the Balkans. They had weapons procured with help from the US
government, as well as money from the Saudis and Americans, including that
passed through the al-Farooq mosque in Brooklyn. They had the assistance of the
Maktab al-Khidamat (Services Office), set up to recruit, train, and aid
fighters for the Afghan war. Richard Holbrooke, Assistant Secretary of State
for European Affairs, wanted a repeat of the Afghanistan model in the Balkans,
using Saudi Arabia, Turkey, and Pakistan to send arms to the combatants. Front
companies, secret arms drops, and Clinton’s National Security Council all
played a role.
⇒ Keep Reading
⇒ Keep Reading
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Posted on June 22, 2016 by Charles Hugh Smith
What does it take to be upper middle class? According to
one analyst, the answer is: at least $100,000 a year for a family of three.
The
Growing Size and Incomes of the Upper Middle Class (Urban Institute).
The paper claims the upper middle class has grown from 12.9%
of the population in 1979 to 29.4% in 2014–in essence, the shrinkage of the
“middle class” is not just from households dropping down the ladder but
millions of households climbing up to the upper middle class.
While the evidence broadly supports this secular shift–the
concentration of income and wealth in the top 20% increases while the wealth
and income of the bottom 80% stagnates–I think the claim that 30% of all U.S.
households are upper middle class grossly overstates the reality, which is it’s
become increasingly costly to even qualify as middle class, never mind upper
middle class.
What Does It Take To Be Middle Class? (December 5, 2013)
If we measure financial characteristics of middle class
status rather than income, we find $100,000 is borderline middle class, not
upper middle class.The above essay lists the baseline of 10 minimum metrics
of middle class status. In high-cost regions, $100,000 barely qualifies a
household as middle class; to be upper middle class, households must earn
closer to $200,000.
⇒ Keep Reading
⇒ Keep Reading
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Posted on June 21, 2016 by Robert Barsocchini
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NOTICIAS IN SPANISH
De entrada libertad a todos los
presos, renuncia de Nuño, anulación de ceses
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Cuba “Unidad, programa
político común e integración, claves de nuestro triunfo y de nuestro futuro” Katu Arkonada
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Los dioses son ateos. Carlos Ruperto Al tacho
con ellos. En los andes los suben a una tarima y los tiran al rio. Crean otro
“mas funcional” en su reemplazo.
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La city londinense, preocupada por el fantasma del Brexit. No existen los fantasmas. Es la cucaracha “troika” lo que no funciona
.. le faltan los dos patitas de atrás, como a la Hillary .. y eso no lo arregla
ni la mejor marihuna de Peru .. el moño rojo en el sur del Amazonas. .. lo
arregla solo la REV anti-troika
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El Opus Dei llega al gabinete de Bachelet . Horacio Brum
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Stop Trump!
VS. STOP BOTH Hillary es mas
peligrosa que Trump
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PRESS TV
UN
holds meeting on N Korea missiles Why not on Israel & NATO allies
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‘Israel prefers Daesh over Assad in Syria’ Who
in Israel? .. Where this was approved?
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Saudi officers directly help Syria militant as
usual & from the very beginning
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Norway may send troops to Syria Shame .. we expected more polit decency
RU has to demolish
NATO in the ME .. not mercy .. to stop them .. or else
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EU to open Turkey accession talks brexit’ hole can’t be covered with a dirty
finger
If turkey’ mafias get
inside the EU .. US-ISIS terrorism will make EU disappear
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2,500 Daesh militants slain in Fallujah they wanted war .. now they have it
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