Japan Shocked To Find Abenomics Is Destroying Its Middle Class

“When a country embarks on deficit financing and inflationism (=quantitative easing) you wipe out the middle class and wealth is transferred from the middle class and the poor to the rich.”
– Ron Paul

Quantitative easing = printing money = creating money out of thin air = increasing the money supply = inflation = hidden tax on monetary assets = theft!!!

“By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.”
– John Maynard Keynes

“In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. … This is the shabby secret of the welfare statists’ tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists’ antagonism toward the gold standard.”
– Alan Greenspan

Aaaaand Japan has a debt-to-GDP of over 400%!!!

This Is The Biggest Problem Facing The World Today: 9 Countries Have Debt-To-GDP Over 300%


helicopter-shinzo-abeShinzo Abekuroda_0

Japan Shocked To Find Abenomics Is Destroying Its Middle Class (ZeroHedge, April 8, 2015):

In central planner “mission accomplished” news, the wealth divide in Japan is growing under Abenomics and middle class citizens are at risk of falling into poverty, The Japan Times says. Despite nightly sound bites from Kuroda, Aso, and Abe himself designed to assuage fears that the country’s gargantuan monetary experiment may yet fail to pull Japan out the deflationary doldrums, some people are getting impatient as the number of households on welfare continues to rise as does the number of nonregular workers. This comes on the heels of the rather amusing news that the country’s Labor Ministry had fabricated a year’s worth of data on wage growth (it turns out there was none) and after countless warnings from us that the PM’s policies would end in spactacularly bad fashion (see here, here, and here for instance).

Here’s more:

Read moreJapan Shocked To Find Abenomics Is Destroying Its Middle Class

Obama & The Middle Class

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Source: Townhall

Flashback:

Obama: “I’m a warrior for the middle class” (CBS News, Sep 22, 2011):

President Obama took his jobs plan to the people of Ohio on Thursday, urging a rowdy audience in House Speaker John Boehner’s home state to help him “pass this bill!” – and proclaiming to the crowd that “I’m a warrior for the middle class.”

Mr. Obama, speaking in front of Cincinnati’s Brent Spence Bridge, specifically called on Boehner and Senate Minority Leader Mitch McConnell to help pass his jobs plan and “help rebuild America.”

Reality:

27 Facts That Show How The Middle Class Has Fared Under 6 Years Of Barack Obama

The Death Of The American Dream In 22 Numbers

Senator Bernie Sanders Releases Media-Censored Statistics – These are the FACTS (Video)

H/t reader M.G.:

 “Probably underwritten by the US thugs for hire.

In the meantime, here at home……………….”



14.08.2013

via Brascheck TV:

Senator Bernie Sanders is one of the few politicians in Washington who speaks the truth unapologetically. In this powerful short speech, Sanders speaks what the conscience of the American people is certainly thinking… This nation is an oligarchy, and our income distribution is worsening every day. At least we can take pride in knowing that one elected representative in Washington may actually be representing the American people.

The Death Of The American Dream In 22 Numbers

Abandoned-Home

The Death Of The American Dream In 22 Numbers (End of The American Dream, Jan 29, 2015):

We are the generation that gets to witness the end of the American Dream.  The numbers that you are about to see tell a story.  They tell a story of a once mighty economy that is dying.  For decades, the rest of the planet has regarded the United States as “the land of opportunity” where almost anyone can be successful if they are willing to work hard.  And when I was growing up, it seemed like almost everyone was living the American Dream.  I lived on a “middle class” street and I went to a school where it seemed like almost everyone was middle class.  When I was in high school, it was very rare to ever hear of a parent that was unemployed, and virtually every family that I knew had a comfortable home and more than one nice vehicle.

But now that has all changed.  The “American Dream” has been transformed into a very twisted game of musical chairs.  With each passing year, more people are falling out of the middle class, and most of the rest of us are scrambling really hard to keep our own places.

Something has gone horribly wrong, and yet Americans are very deeply divided when it comes to finding answers to our problems.  We love to point fingers and argue with one another, and meanwhile things just continue to get even worse.

The following are 22 numbers that are very strong evidence of the death of the American Dream…

Read moreThe Death Of The American Dream In 22 Numbers

Super Rich Oligarchs Plan Their Escape From The Impoverished Pleb Masses

As a side note:

Obama is NOT ‘blurting out’ any ‘meaningless phrases’ in his speeches. They all serve a purpose:

President Obama’s Commencement Speech Exposed For What It Is: Latest State Of The Art MASS HYPNOSIS, Using The Techniques Of Dr. Milton Erickson, M.D.

PDF: Obama’s_Use_of_Hidden_Hypnosis_techniques_in_His_Speeches

Not meaningless, just evil.

Related info:

Manchurian Candidate: Elite Puppet Mind-Control ‘Presidential Model’ Barack Obama


As the Middle Class Evaporates, Global Oligarchs Plan Their Escape from the Impoverished Pleb Masses (Liberty Blitzkrieg, Jan 26, 2015):

The middle class has shrunk consistently over the past half-century. Until 2000, the reason was primarily because more Americans moved up the income ladder. But since then, the reason has shifted: There is a greater share of households on the lower rungs of the economic ladder.

– From yesterday’s New York Times article: Middle Class Shrinks Further as More Fall Out Instead of Climbing Up

At a packed session in Davos, former hedge fund director Robert Johnson revealed that worried hedge fund managers were already planning their escapes. “I know hedge fund managers all over the world who are buying airstrips and farms in places like New Zealand because they think they need a getaway,” he said.

– From the Guardian’s article: As Inequality Soars, the Nervous Super Rich are Already Planning Their Escapes

So the other day, President Barack Obama once again demonstrated his contempt for the American public by using his State of the Union address to pejoratively blurt out meaningless phrases such as “but tonight, we turn the page” and: “The verdict is clear. Middle-class economics works. Expanding opportunity works. And these policies will continue to work, as long as politics don’t get in the way.”

Sorry, but why are “we turning the page” tonight? Weren’t you elected over six years ago? Why didn’t you turn the page in 2009?

Read moreSuper Rich Oligarchs Plan Their Escape From The Impoverished Pleb Masses

Spot The Trend: The Richest 1% Are About To Own Over Half Of Global Wealth

Looters At The Fed
Source

Spot The Trend: The Richest 1% Are About To Own Over Half Of Global Wealth (ZeroHedge, Jan 19, 2015):

Still not clear? The following two charts should help:

Wealth-Pyramid

Wealth-Pyramid-2

In short: the rich get richer; the poor get poorer, and the middle class is going extinct.

What happens next?  The NYT explains in “Oxfam Study Finds Richest 1% Is Likely to Control Half of Global Wealth by 2016

Read moreSpot The Trend: The Richest 1% Are About To Own Over Half Of Global Wealth

27 Facts That Show How The Middle Class Has Fared Under 6 Years Of Barack Obama

27-Facts-That-Show-How-The-Middle-Class-Has-Fared-Under-Barack-Obama

27 Facts That Show How The Middle Class Has Fared Under 6 Years Of Barack Obama (Economic Collapse, Jan 18, 2015):

During his State of the Union speech on Tuesday evening, Barack Obama is going to promise to make life better for middle class families.  Of course he has also promised to do this during all of his other State of the Union addresses, but apparently he still believes that there are people out there that are buying what he is selling.  Each January, he gets up there and tells us how the economy is “turning around” and to believe that much brighter days are right around the corner.  And yet things just continue to get even worse for the middle class.  The numbers that you are about to see will not be included in Obama’s State of the Union speech.  They don’t fit the “narrative” that Obama is trying to sell to the American people.  But all of these statistics are accurate.  They paint a picture of a middle class that is dying.  Yes, the decline of the U.S. middle class is a phenomenon that has been playing out for decades.  But without a doubt, our troubles have accelerated during the Obama years.  When it comes to economics, he is completely and utterly clueless, and the policies that he has implemented are eating away at the foundations of our economy like a cancer.

The following are 27 facts that show how the middle class has fared under 6 years of Barack Obama:

Read more27 Facts That Show How The Middle Class Has Fared Under 6 Years Of Barack Obama

The Destruction Of The Middle Class Is Nearing The Final Stages

From the article:

“There are three lessons that many people will learn in the coming months. If you do not have it already you may not be able to get it. If you do not have it physically in your hands you do not own it. If you cannot protect it you will not have it for long.”


R.I.P.-Middle-Class

The Destruction Of The Middle Class Is Nearing The Final Stages (Project Chesapeake, Dec 17, 2014):

The events of the past few months seem astounding when taken in all at once. The plan to destroy the U.S. dollar and the American middle class is moving at an ever increasing speed.

At the recent G20 meeting the nations agreed that bank deposits would no longer be considered money. These bank deposits become the property of the banking institution and as such can be used any way the bank wants. This means that any money you deposit in a bank now is no longer yours but makes you an investor in the bank and subject to lose that money if a banking crisis takes down the bank.

Read moreThe Destruction Of The Middle Class Is Nearing The Final Stages

American Middle Class ‘Wealth’ Worse Than Every Nation But Russia & Indonesia

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–  American Middle Class “Wealth” Worse Than Every Nation But Russia & Indonesia (ZeroHedge, Nov 7, 2014):

One of Liberty Blitzkrieg’s most popular posts in 2013 was titled: How Does America’s Middle Class Rank Globally? #27. Here’s an excerpt:

We are number 1 right? USA! USA! No one can beat our wealth creation machine, our economic dynamism, our level playing field and our bastions of higher education. We have a middle class that is the envy of the world, right?

Well, like so much of the “American dream” we have been force fed for a generation or more, this perception is not based in reality whatsoever. Sure it may have been the case for a couple of decades immediately after World War 2. Before the military-industrial-Wall Street complex fully took over the political process, but it certainly isn’t true any longer. Myths die hard and this one is particularly pernicious because it prevents people from changing things.

The data in that article was based on a comprehensive study published by Credit Suisse titled Global Wealth Data Book. Well, the 2014 version is now out, and the results are not pretty.

Paul Buchheit has crunched the numbers, and highlighted some of his conclusions here. Here is some of what he found:

Read moreAmerican Middle Class ‘Wealth’ Worse Than Every Nation But Russia & Indonesia

Quantitative Proof The Fed Is Destroying The Middle Class

Quantitative Proof The Illuminati Banksters Are Deliberately Destroying The Middle Class


Federal-Reserve-Bernanke1

Quantitative Proof The Fed Is Destroying The Middle Class (Voices of Liberty, Sep 19, 2014):

Listening to pundits on television, one would think we’ve found a magical species of leprechauns that piss gold rainbows amongst the masses and so we need never again worry about the economy, the markets and whether or not things are improving. And looking at the market’s six-year run to all-time highs, perhaps such euphoria is warranted.

I mean, isn’t the market supposed to be a highly efficient gauge of the underlying economy? The market is a function of expected future cash flows based on demand, supply and productivity. If true, and if the market is at all-time highs, then things must be good, correct?

Read moreQuantitative Proof The Fed Is Destroying The Middle Class