I have told you many times in the past that the policies of the Fed and the US government, that are controlled by the elite, are all about destroying the middle class, bankrupting America, destroying the dollar and turning the US into a Third World country.
They have almost made it! They are very close now to ‘mission accomplished’, if they are not stopped right now.
This crisis has only just begun.
“When a country embarks on deficit financing and inflationism you wipe out the middle class and wealth is transferred from the middle class and the poor to the rich.”
– Ron Paul
Related article: STUDY: US Income Inequality Is At An All-Time High
This graph was an eye opener for me (not that I should be surprised):
What a time to be an oligarch! All I wanted to do was vomit when I saw this.
Folks, there is no way we can have economic prosperity in this country when the top 1% has all of the money. The middle class is basically being destroyed right in front of our very eyes. Consumption economies die when the consumers have no money to consume!
I see growing signs of desperation and anger as the wealth of this nation continues to get transferred to the elite of this nation.
People are starting to “lose” it as a result. This past week’s airplane event in Austin was a disturbing development. I must admit that I really am not surprised. The government shouldn’t be either.
Things are only going to get worse in the violence department as the taxpayers continue to get violated and more desperate as a result of this economic cataststrophe. The news media tried to downplay the actions in Austin.
I think Washington was both surprised and concerned about what took place in Texas.
I have to ask: Should the government really be surpised that an American flew a plane into an IRS building in a fit of rage as we all get repeatedly fleeced by the political and social elites of this country?
Let me preface all of this by saying violence is not the answer here. However, why shouldn’t every American be infuriated by what has ocurred since this crisis began?
All the government has done is bail out Wall St. continuously since 2008. My guess is the disparity of wealth in this chart would look even worse if it included 2009. The rest of America has basically been ignored minus a few housing programs to help lower mortgage payments.
That’s what’s been so frustrating about this whole crisis and America is finally starting to get it. Just about ALL of the steps that have been taken by the government to help fix this crisis have involved throwing more and more money to the financial elites of this country. I mean, the examples are endless: TARP, AIG, Bank of America, Citi, Freddie, Fannie …. Need I say more?
The sheeple are finally realizing that the money is not trickling to them like Washington had promised when they threw billions to the banks. The people have only seen things get worse while Wall St. has prospered. They now want to know where their friggin’ bailout is!
They are also realizing that the goverment’s actions since this all started in 2007 have done nothing but drop the yields on their CD’s to 0%. Gee thanks!
Let’s not forget that the sheeple/middle class were also victimized by Wall St. as they were gamed into buying homes they couldn’t afford. When this fantasy came crashing down they were again violated as they saw their 401k’s get cut in half.
The people of this country can only take so much before they start going postal!
The Wall St Journal had an article out yesterday around the increasing threats of violence against the IRS:
WASHINGTON-The federal agency charged with ensuring the safety of IRS employees said it has seen an uptick in the past several years in threats against agency personnel.
In the past four years, there appears to have been a “steady, upward trend” in the number of threats against IRS employees, said an official with the Treasury Department’s Inspector General for Tax Administration. That assessment, offered in response to an inquiry from Dow Jones Newswires, is based on preliminary data, the official cautioned.
The middle class in starting to feel like that pledge in the movie Animal House who says “thank you sir may I have another” after getting repeatedly paddled by his brothers.
Read moreUS: Wealth Disparities Approaching 1920s Levels