THE AMERICAN ECONOMY ANALYZED
We baby boomers GREW UP IN THE posh 1950's. Our Dad supported us. Families easily bought their main home and a vacation home. We had two cars and all of the kids could easily pay for college for all the children. *UCLA was Sixty bucks a semester!. One worker (the Dad) had one job -- working 40 hours a week. We had gardens where food could easily be grown, swimming pools. We went to resorts frequently. We had affordable doctors and dentists yet we were lower middle class --just living like millionaires is all.
Today's generation will never reach that level of luxury or relaxation nor will today's children grow up to be able to enjoy anything like life in the 50's. The 2020 family would need to have TWO college graduates both as full time wage earners to have that life, but it won't be the same as STUDENT DEBT privation will persist for decades and HMOS will drain them of wealth and health.And what was left, Verizon would get.
To afford what we had back then, the parents of the future would have to have two jobs each and they'd still barely be squeaking by. Where is Spartacus when you need him?
So, let's be neat and statistical about the differences in these two eras. If ordinary working stiffs were to get the same % of the wealth that they created (as we received in the 50's) that 'stiff' could support his family with one worker, one job and working a mere 2 days a week.
Salaries then translated to Dad earning what would show up as 170$ an hour in today's dollars. That's how good it was in the fifties! Nowadays, WE ARE LIKE hamsters in a spinning treadmill, frazzled trying to keep up, immune systems tweaked, dying like flies at a true fly lifespan, a short and brutal life. You see it now. Our children barely know us, and we're too tired to interact or have quality time with them.
WHY is Capitalism, supposedly the smartest philosophy of all offering this kind of life? Why are our workers paid so little compared to their true worth? Simple answer: because capitalists have kidnapped and run away with the system. They purloined it. They conscripted it. They rewrote the Constitution. Marx said it. The dollar is amoral. Corporations and CEOS made our lives this way. They didn't want smart, educated citizens? They priced education so you can no longer have it. They wanted an indentured, slave labor force. No matter that thusly enslaved, we can't buy what we produce and our bosses can't sell it to any but a few professionals.
Say you make oatmeal clusters. Do you know how much that factory makes on its product?? 4$ a box. If I have 27$ a month to buy food for my family, I sure can't afford oats clustered in the factory. I have to buy a big dollar box of unclustered oats and cluster them myself.. The corp doesn't care if I don't eat any oats much less their oats. They make BILLIONS on the professionals who do buy the oats as it's so overpriced.. Poor workers just barely pay their rent in their miserable cockroach infested apartments and can't even afford to buy one box of those oatmeal cluster candy bars, granolas or cereals. What can we do? NOTHING. We have lost our vote, the CORPORATION hasn't -- it has lobbyists up the wazoo to keep oat prices artificially high, out of our reach.
Bottom line: Legislators don't represent their constituents just the lobbyists with campaign donations, bribes, perks, all of which comes from transnationals. That's how they got FREE TRADE AGREEMENTS through. They killed US MANUFACTURING. HUNDREDS of CORPS (rats) abandoned the sinking ship! See who! Does it suit the big corps to have humanity so flattened? I don't think so. NO WORKER can buy their products any more, not the slaves in third world working for a dollar a day, not the workers they left behind in the USA. So their strategy is skewed --it doesn't even serve THEM! Marx predicted this would happen, too.
America also borrowed the money from foreign banks to do a series of war from VIETNAM on. The National debt has sucked the marrow out of America's bones. Trillions. Meanwhile, Wall Street weakened the bones themselves, stealing from Investment corporations, investors and bank depositors. We are the laughing stock of the planet which paved the way for FIVE NATIONS with better economies wanting to dump the dollar and start their OWN IMF. See THE BRICS NATIONS, their latest 2012 SUMMIT.
Their banks will rule OUR banks did nothing honest; they perfected the art of dirty, greedy tricks. To some extent, their ships are buffeted about by the same wave/ trough pattern that parks millions of us sleeping under cardboard boxes. The NASDAQ TECH WRECK was followed by the HOUSING MARKET TULIPMANIA EXPLOSION, (which was followed by the Housing crash,) collapsed their greedy asses somewhat and they got caught with their drawers empty but for them, friends in high places. The government stepped in. LIke the house knowing a gambler and trusting him with a second chance..
The TRUE COST to the taxpayers of the bailouts to the banksters was 8.5 trillion bucks. That money departed the planet economy! It's useful to NOBODY on earth the second the BANKSTERS GOT HOLD of IT ! D'ja notice that? Identical sum is now going to the Afghani war Part Deux. Likewise, LOST to our economy. Lot of contractors will steal it and bank it in Switzerland, never affects Podunk or Poughkepsie.
Read an ARTICLE on EARLY STAGE 2007 GIFTS to banksters
LATTER stages of this recession featured even bigger gifts to thieves, hondlers, brigands, pirates, greedy pigs at the trough:. THE FULL COST OF THE BAIL OUT 8.5 was the sum of what Geithner and Paulson gave away during the Bush and the Obama administrations. American taxpayers paid that out to businesses which -- if they'd collapsed --- would not have affected life on Earth one ATOM!
That sum shared by all of us would come to 26thousand dollars per family member so if you've got four in your family, you will pay back over one hundred thousand dollars to our 'generous' gov. --- generous to a few Wall Street Billionaires so they don't have to rent rooms on their yachts...but not to you!
That 8.5 trillion dollar sum must be paid back and it will come out of your hide, it will be squeezed out of your veins. It's all debt and the first rule of energy, Molecules of DEBT DO NOT GO AWAY. They reappear in another form elsewhere. Ask Master Charge, ask VISA. You know that all debt lingers on the pages of the infernal book and there are usually points of interest added weekly. These guys are supreme number crunchers and they'll figure ways to get it from you, before inflation hits and 8.5 trillion is what dinner out and a movie cost.
So whattyda got? WAGE Slavery if you're lucky as you will be able to pay but this kind of debt savages the economy. Especially since the banks are NOT PUTTING INTO THE ECONOMY AT ALL. No business can get a loan so Jobs dry up. That translates to joblessness, homelessness for most of us.
Journalist WANDA FISH on WHY THE SYSTEM IS RIGGED.
THE LIBOR INTEREST FIXING scandal is said to be the worst scam the bankers ever pulled, ultimate proof that the system is totally rigged. If you understand it, you should be in politics or banking! You are smart
But I do see this: A PREDATOR CEO is helming every corporation out there. Some terrible total SHARK PREDATOR GENE has gotten a grip on the system.
THE PENALTY FOR AMERICA is we have no homes, no jobs, no economy. The dollar has tanked as the front runner horse, us, has been passed by! THE BRICS NATIONS have TAKEN OVER! The American corpse is like a horse running last in a long line, or a corpse lying dead in the morgue only they haven't written the obituary or buried it or had the funeral. But it's dead. The debt buried on top assures there's no breath left.
THE SYSTEM BENEFITS ONLY THE BANKSTERS at this point. To everybody else, the system brings joblessness, eviction, bad health and DEATH. Why do oligarchs set things up that way? Uncaring? Obviously to nail us for small salaries but don't they kill the GOOSE WORKER that laid the GOLDEN EGG? Yes, most of them do but they're SHORT SIGHTED. Their CASTLES are more important than the SERFS. Eating a goose today is more important than their grandchildren having a goose tomorrow. Today's KING or Pharoah always wants some sort of pyramid built by the slaves and these days, the PHAROAH'S VANITY is THIS RELIC CALLED OIL WARS, PIRATE RESOURCE PLUNDER. and they have this second relic called WALL STREET which they consider their own GOOSE COOP. Some costly, high rent PYRAMIDS of GIZA at 1 Finance Plaza are being built on top of your dead bodies, yours and your kids and your grandkids and their grandkids. Your family will be enslaved forever unless you somehow DUMP the FED, WALL STREET and start over. What would it take for some Moses to come down from a new mountain with tablets of stone and new rules and lead us slaves out of Egypt? In Bible times the DESERT was preferable to slavery. But in our time, wouldn't it be better to send the PHAROAH out of Egypt? a single ticket, no? And not 330 million tickets? Although, if you crave desert, they can be farmed, you know. See
HOW ISRAELIS MADE THE DESERT BLOOM and farming it is lucrative. Learning to make those irrigation tubes is lucrative. It's on my ENTREPRENEUR PAGE as a way to make a living, no college req'd.
ENVISIONING AN ESCAPE FROM EGYPT.
#1. FIND our MOSES. A HERO, a bold leader in Congress and ask him to make all banks that trade in derivatives illegal. Ron Paul or Dennis Kucinich probably best bets. Know of another? HEROES INDEX.
#2 Give the rest of Congress the Bum's Rush, they okayed that 8.5 trillion gift. Dump 'em at the POLLS.
#3 New guys make new laws. CLINTON banished the GLASS STEGALL ACT (a FENCE AROUND WALL STREET WHICH FDR put up after the DEPRESSION). Gramm/Clinton tore down fence in 99.
#4 Create A BOARD OF CENSURE to nail THE MOST GREEDY CEO's each year. Any Corp traded publicly has to run its biz for the people.
#5 Identify competent journalists who habitually give excellent maps and warning signals like Nouriel ROUBINI. (In 2007 he spotted the coming Meltdown, sounded alarm!) Get these marvels of nature on a NEW Board of OVERSIGHT and CENSURE. The board would logically do immense and varied publishing on the internet. And in nat'l mags and newspapers where possible. (The media is mainly 'bought' outright OWNED by the financier bankers who want lies and only lies printed) but there's scant way around that. Anyway, TYRANNY loves nothing more than being opposed, so we have to find another way around them involving oblique sliding around hurdle MANEUVERS along with plenty of fine and popular INTERNET propaganda.
#5 B -- Read the big guys: Nothing like a painless way of Understanding All & Everything. Get a classical Economic Historian Education out of a Cornflakes Box with ROBERT HEILBRONER.
Will Durant is good for History. Arnold Toynbee for class analysis of History
#6 Create A TAX PAYERS' REVOLT as THAT WILL START THE R)EVOLUTION
#6B. Whatever you do for a living, be inspired to create a LABOR UNION.
#7. BONE UP on the METAPHYSICS OF MONEY. A thumbnail LESSON. THINGS ARE BORN the same way that THEY DIE ..fer instance, the THIRTEEN COLONIES end up as THIRTEEN BANKERS or as they call it --"the 13 Families" meaning the oligarchs. Read up on them.
Thirteen colonies gave birth to America, 13 banks control the US GOV and killed it. Co-inky-dink? We don't think so! There is an actual repeat cycle in the time warp (The Lincoln vs Kennedy similars ... same story!) that PROVES TIME is an illusion and METAPHYSICS is wrapped around REGULAR PHYSICS like an invisible hand around a little tiny hazelNUT of a planet. Those banker bozos never did one favor ever for the American people. You will never need a loan from them and thank GOD for that as you wouldn't ever GET one yet 8.5 trillion went to them from our pockets via the unconstitutional tax grabbing FEDERAL RESERVE. GO FIGURE! We only think that we bank with them. The truth is the opposite. THEY BANK WITH US! From us. Off us.
THE CAUSES OF THE MELTDOWN or IT'S THE ECONOMY STUPID!
JAPAN, HEAD HOG AT THE TROUGH, BEFORE CHINA ARRIVED
8 YRS OF BUSH CHENEY DEFICITS
A HANDFUL OF MEN WHO LET AMERICA BE CANNIBALIZED
ABANDON YOUR MUNICIPAL BONDS! THEY ARE SO OVER WITH! Instead, BUY CHINESE MUTUAL FUNDS
WHERE ARE WE HEADED? Best GUESSES on the FUTURE as heard on COAST TO COAST AM RADIO SHOW. (if you can believe ART BELL!)
A REHASH of the 1929 DEPRESSION OR WORSE? What's comin' at us?
HUNGER STATISTICS IN USA TODAY
and MORE ANALYSIS OF HUNGER STATS
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Our POSTER is ANITA SANDS HERNANDEZ, Los Angeles Writer, Futurist and Astrologer. Catch up with her websites TRUTHS GOV WILL HIDE & NEVER TELL YOU, also The FUTURE, WHAT'S COMIN' AT YA! FRUGAL LIFE STYLE TIPS, HOW TO SURVIVE the COMING GREAT DEPRESSION, and Secrets of Nature, HOLISTIC, AFFORDABLE HEALING. Also ARTISANRY FOR EXPORT, EARN EUROS....* Anita is at email@example.com ). Get a 15$ natal horoscope "my money/future life" reading now + copy horoscope as a Gif file graphic! No smarter, more accurate career reading out there!
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