Capitalism in America: How a Dismal Decimal is Robbing Americans Blind

Capitalism in America

January 16, 2020
 

by Jon Hellevig for The Saker Blog

There is no hiding anymore, the United States has become an oligarch owned banana republic with nukes, and with a monopoly currency which has allowed it to rig the markets for half a century. But now we are only a couple of hours from curtain – Midnight in America.

With the stock market at all-time highs, virtually no unemployment (or so they say), and brisk GDP growth (supposedly) in the last decade, economic analysts would declare that the US economy is in excellent shape. But, it isn’t. The stock market is a central bank inflated asset bubble, and what GDP growth there has been, is an illusion brought about by the very same financial bubble and by pumping the economy up with record federal borrowings to finance the deficits that America cannot afford. Rigged statistics showing artificially low inflation serve to hold together the Trumped-up American economic narrative. (About the rigged inflation statistics, see this report https://www.awaragroup.com/blog/the-inflation-measurement-scam/?fbclid=IwAR0qmpe4i0sp5Uce9UlyEDt0_NkIv-aiDTSgvzHh5EMfZn5WQboZz_mB-XU. 

And the low unemployment figure is nothing but a chimera based on misleading statistics.

In reality, the US economy is failing – and the country with it. At least two-thirds of the population has seen dramatic declines in living standards and half are back to levels of developing nations – without the development.

The big story covered up by all the happy macroeconomic figures repeated by rote by the US establishment – everybody from the president to cable television pundits and Trump fanboys – is the gradual impoverishment of the American worker. That’s an inconvenient truth increasingly difficult to hide as the American dream has turned into a nightmare for huge swathes of the population. As the figures we present below show, the rich are really getting richer, the middle class has been decimated, and half of Americans are poor and destitute of any financial wealth. The super-rich are gobbling up an ever-increasing slice of the American pie at the cost of all the rest who get nothing but table scraps on one side and leftover crumbs on the other, if anything. The resulting stratification of society has brought back a medieval servant economy, where the have-nots are doing odd jobs, cleaning houses, fetching groceries, running errands and deliveries for the feudal rich and the remaining shrinking middle class.

Thanks to the Fed (the American oligarch owned central bank) pushing easy money into the hands of the privileged elite, the super-rich Dismal Decimal – the top 0.1% – have by now amassed as much wealth as they had just before the Great Depression that started with the stock market crash in 1929. A lesson not learned. Back to square one. How will it end this time?

This article is based on an Awara Accounting https://www.awaragroup.com/ study titled “Widening Income and Wealth Gap and Stagnating Wages in America.” https://www.awaragroup.com/blog/widening-income-and-wealth-gap-and-stagnating-wages-in-america/ Links and source references to all the facts presented here can be found in said study.

BTW all the data in this report is derived from official US government sources and American experts analyzing them.

During the last decades, the financial rewards from the rigged markets first flew exclusively into the pockets of Top 10%, but later it was increasingly Top 1%, which pocketed most, perfectly illustrated by below charts.   MORE

The Tail is Wagging an Enormous Rottweiler as Iowa Approaches, February 3rd

by Melinda Pillsbury-Foster 

As the Iowa Caucuses approach, March 3rd, the 30 MSM ‘Presidential Hopefuls’ continue to drop, the number of candidates crowded onto stages to exchange sound-bites diminished.  And Americans are still left ignorant that there are 1,013 more candidates, for a total of 1,043! 

Think of this as a poll on the accumulating anger and frustrations Americans are, today, experiencing.

Does the MSM 30 know they have been thrust into the limelight for another Wag the Dog Moment orchestrated by the MSM, party bosses & “reporters”, and those who own the six corporations who own the MSM?  Maybe, and maybe not.  They do know that the Critical Factor for Winning is name identification.  This is what the failure to accurately report the facts makes possible to them.  It is the most important factor if you want to be elected President of the United States.  Because of the way the Mainstream Media decides for you who is a 'serious' candidate, you don’t even know the names of most candidates - and you know nothing about their qualifications for the job of President. With Debatetourney.com, we provide some useful tools for this purpose. 

Clearly, the general public remains ignorant.  At DebateTourney.com we know this from the expressions of shock as those contacting us read THE CANDIDATE LIST, which we have continued to update for the All Presidential Candidates’ 1:1 Debate Tourney. We have invited them all, 51 have responded to date.  But it is very possible the MSM 30 knew they were ‘the chosen ones’, anointed to vie for the privilege of being hired by the American people for public housing and other benefits next November. 

During the early election season, this became more obvious to the discerning onlooker.  Remember the tumult of rejection from the shrilling nasties when Howard Schultz of Starbucks declared?  Remember the outrage when Tom Steyer announced he would spend half his fortune to ensure Climate Change was taken seriously? 

Both men are billionaires.  But others who are wealthy and should have been noted, starting in 2016, are also running.  One of these is Roque de la Fuente, a billionaire from California.  Roque did not just declare in 2016; he pursued ballot status, spending millions of his own money.  In 2016, Roque came in 2^nd or 3^rd to Hillary Clinton in 28 states; in six states he won nomination through the Reform Party.  You can think of this as the ‘Anybody But Hillary’ Movement which delivered Donald Trump the White House. 

The question of pretending candidates don’t exist, or attacking them when they announce, provides its own answer.  Actions speak louder than words. 

Roque’s platform was clearer than is usual for a presidential candidate.  He is a candidate of color, Hispanic, with a long history of helping others with his own money.  Ask most Americans if they’ve ever even heard of Rocky.  The answer is a resounding NO.

Roque is now suing Donald Trump manipulating the Republican National Committee and its field teams to align only with the Trump field teams to pressure others registered as Republican from running against him. The MSM hasn’t told you there are 157 GOP candidates running, not Fox, not CNN, not NBC. The first line of the lawsuit reads, “1. Joseph Stalin once told his private secretary, “I regard it as completely unimportant who in the party will vote and how, but it is extremely important who will count the votes and how.”  Roque appears to be determined on election and is as willing as Tom Steyer to spend his own money to achieve his goal. 

But you have likely never heard of Rocky.  Why? While you’re asking, find those who offer a welcome to all comers at DebateTourney.com

Almost like a death in the family: Should I let my little red car die peacefully?

Jane Stillwater	4:39 PM (2 hours ago)
to Jane, wall-street-and-war-street@racket.con

Almost like a death in the family: Should I let my little red car die peacefully?

     by Jane Stillwater  https://jpstillwater.blogspot.com/2020/01/death-in-family-thoughts-on-letting-my.html

     "You gotta pass the smog test!" the department of motor vehicles screams at me.  So I obediently drive my sweet little red 1990 Toyota Tercel down to the local gas station -- and it passes the emissions test with flying colors.

     Good job, little car!

     But then the "check engine" light won't turn off.  Defective part.  "Sorry but they don't make that part any more," sez my mechanic.  So my car fails the smog test after all.  But am I really ready to let my little red car die?  Just like that?  After 30 long loyal years of faithful service?  What would Greta Thunberg do?

     Of course the right thing to do is to give up my little red car -- and help save the human race.  But then I look around me.  No one else is giving up any of their cars.

     And no one else is giving up their pollution-causing "wars" either.  War is the number-one polluter and cause of climate crisis on the planet today -- but I don't see anyone in Washington DC offering to give up their F-35s.  https://www.globalresearch.ca/battle-liberate-idlib-province-us-supported-terrorists/5699039

    Perhaps we should make it a mandatory requirement that all those thousands and thousands of gas-guzzling toxin-emitting made-in-America tanks, bomber jets, aircraft carriers, drones, Blackhawks, Tomahawks, space-force launchers, nuclear missiles, etc. be forced to take a smog test too!  http://www.currentinvective.com/issue.php

     And speaking of whether or not to die peacefully, we Americans are not being given that choice -- but Medicare-for-all would go a long way toward solving that problem, right? 

     And speaking of all those toxic, smog-emitting tanks, bomber jets, nuclear missiles and other gross weapons of death?  They have all been out there on the front lines both here and abroad, faithfully winning all sorts of "wars".  They have won various "wars" on Afghans, Vietnamese, Iraqis, Central Americans, Syrians, Americans, Palestinians and Yemenis -- just to name a few.  The only catch to all these victories is that the winners have only been the greedy and shameless war-profiteers who started them for fun and profit in the first place.  https://resistancenews.org/2020/01/04/nasrallahs-statement-about-qasem-soleimanis-murder/

     It's only average Americans like you and me who have lost all these wars.

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