The middle class is not being destroyed, it is destroyed. We are so close to the next phase of our nation’s and the world’s economic collapse. There is no financial cushion left for most of us, there is no absurdly overvalued stock portfolio, levitated by the Fed and leveraged stock repurchase programs. There is no freedom from fear. There is no confidence in government nor our “democracy”, there is little confidence in the future.
Instead, there is a rapid decline in personal freedom. There is an almost completed total surveillance police state. There is economic and wealth disparities rarely seen, if ever, in America. There is a system that is corrupted to its very core and from the top to the bottom. There is no “free market”. There is a fascist, crony socialistic capitalist system based on entitlement and coercion that is diametrically opposite of the desires of this nation’s founding fathers, the Constitution and the Bill of Rights. There is planned, media manipulated fear that masks the intent of the power elites to rob the citizens of this country of their freedoms, of their liberties and their wealth. There is an empire that has become the greatest exporter of State sponsored terrorism in the world, whose promises are meaningless and whose intentions are solely for the aggrandizement and wealth that has always accrued to the rulers of empires from the beginning of human civilization. There is a propaganda machinery that has created more erroneous myths and illusions based upon lies and system supporting brainwashing and that has dehumanized the American people and taken away their very ability to think independently of the false reality forced so deeply into their minds wiring, that discerning truth from the lies and fictions has become all but impossible for most. There is a system on the edge of total chaos from which there can only be more of the same, but only worse.
Or there is revolution and a people that finds the strength to reject the yoke of our oppression and seek truth before it is too late. It will not be a communist or socialist revolution, though some would have that, despite the evidence that we live in such a system now. It will not be a revolution seeking dictatorial powers in a leader to provide for us and keep the fears away, though this phase of the process of truth discovery likely does lay in the path of our immediate future. It will be a libertarian revolution seeking to impose true freedom of the individual over the State. It will dismantle what is likely left of the old world order and return to the community, to the individual what the false gods of Statism have, over many, many generations taken away from the true sovereigns that walk this earth. Each individual human being will walk within his community free from tyranny, from coercion and at peace with the environment, nature and with God. It will happen, but it is highly unlikely anyone alive today will experience what is inevitable, that is if anyone is left following the deluge ahead.
The whole system, fascist crony capitalism (finance and Military, Industrial, Police and Surveillance State) and government has become nothing more than a giant con-game run by thieves—the middle class is already toast and soon the full power of the coercive state will be called out when the next leg down in the global economy pressures the ability of the system to buy the loyalty and the peace of the proletariat’s and the welfare leaches. Do not for one minute, however, believe that this is not an outcome that is going to be a surprise to America’s and the western world’s power elites. The State is inherently evil and evil has taken over the State.
We do not have and have not had free markets since well before WWII and the noose has gotten so much tighter since. God only knows when we have really lived in a democratic Republic. If you cannot feel the chaos growing daily almost viscerally, you will not be prepared for what lies ahead….it is going to be rather nasty.
The Social Security Administration has just released wage statistics for 2013, and the numbers are startling. Last year, 50 percent of all American workers made less than $28,031, and 39 percent of all American workers made less than $20,000. If you worked a full-time job at $10 an hour all year long with two weeks off, you would make $20,000. So the fact that 39 percent of all workers made less than that amount is rather telling. This is more evidence of the declining quality of the jobs in this country. In many homes in America today, both parents are working multiple jobs in a desperate attempt to make ends meet. Our paychecks are stagnant while the cost of living just continues to soar. And the jobs that are being added to the economy pay a lot less than the jobs lost in the last recession. In fact, it has been estimated that the jobs that have been created since the last recession pay an average of 23 percent less than the jobs that were lost. We are witnessing the slow-motion destruction of the middle class, and very few of our leaders seem to care.
Low Inflation? The Price Of Ground Beef Has Risen 17 Percent Over The Past Year
Thanks to the Federal Reserve, the middle class is slowly being suffocated by rising food prices. Every single dollar in your wallet is constantly becoming less valuable because of the inflation the Fed systematically creates. And if you try to build wealth by saving money and earning interest on it, you still lose because thanks to the Federal Reserve’s near zero interest rate policies banks pay next to nothing on savings accounts. The Federal Reserve wants you to either spend your money or to put it in the giant casino that we call the stock market. But when Americans spend their paychecks they are finding that they don’t stretch as far as they once did. The cost of living continues to rise at a much faster pace than wages are rising, and this is especially true when it comes to the price of food.
Someone that I know wrote to me today and let me know that she had to shut down the food pantry that she had been running for the poor for so many years. It isn’t that she didn’t want to help the poor anymore. It was that she just couldn’t deal with the rising food prices any longer. Now she is just doing the best that she can to survive herself.
Perhaps you have also noticed that food prices have gotten pretty crazy lately. In particular, meat prices have become absolutely obscene. For example, the average price of ground beef has risen to a new record high of over $4.09 a pound. Over the past twelve months, that works out to a whopping 17 percent increase…
One-third of working Americans support two-thirds of the population: The hidden figures of those not in the labor force and transfer payments.
There still seems to be little acknowledgement of the massive army of people now falling into the category labeled as not in the labor force. Some of this growth is predictable like many older Americans hitting retirement age. But this only explains a small portion of the change since many older Americans are needing to work much longer since they have paltry retirement savings. The unemployment rate dropping dramatically has largely been driven by this category expanding and labor force participation is at generational lows. You also have spending growing in the form of military, Medicare, and Social Security that are now eating up a larger portion of the budget. Deficit spending continues to occur in the face of a booming economy. Why? The math shows that one-third of private sector workers are supporting two-thirds of the population. We have over 92 million Americans that are now part of the not in the labor force category. Let us dig into the numbers even further since some tend to think this is only happening because of older baby boomers.