"There is danger from all men. The only maxim of a free government ought to be to trust no man living with
power to endanger the public liberty." - - - - John Adams

Saturday, August 1, 2015

The Destruction of the Middle Class Continues

Say "Hello" to Welfare

  • Double Whammy  -  Both open borders parties are screwing over the American Middle Class with countless millions of new legal and illegal aliens. 
  • Both parties support "free" trade agreements forcing American workers to compete with foreign workers making $150 a month. The result is millions of American jobs being abolished.

(Infowars)  -  Two week ago Janet Yellen, the current boss of the Federal Reserve, said the American worker would see an uptick in wages.
“Wage increases are still running at a low level, but there have been some tentative signs that wage growth is picking up,” Yellen said. “We’ve seen an increase in the growth rate of the Employment Cost Index  and a mild uptick in the growth of average hourly earnings.”
Yellen’s prediction was trashed on Friday when the Labor Department released figures on wages and salaries in the second quarter. The numbers show a scant 0.2 percent increase in wages, the smallest since records began in 1982. The dismal number followed a 0.7 percent increase in the first quarter.
Zero Hedge says this should not be surprising considering the fact the United States was converted into part-time worker and minimum wage service sector society.
The globalists have worked long and hard to transfer decent, relatively high paying jobs to third world hellholes where people work 12 hours a day for a dollar an hour or less. This has resulted in a massive and unprecedented concentration of wealth by large transnational corporations and the destruction of a middle class in America.
The government has facilitated the gutting of the middle class by imposing a blizzard of rules and regulations on business which in turn encourages it to move operations overseas. Enabling by Congress is quite natural considering it is owned by Wall Street, corporations and large banks.

The Modern Road to Serfdom
A good Serf always will bow to his Master
See our article:
‘You're Fired – Now Train Your Much Cheaper Foreign Replacement’

Globalist Imposed Serfdom

The Federal Reserve’s pollyannaish predictions are offset by stark economic facts largely ignored by the corporate media.
In addition to the fact the average American family is worth 36 percent less than it was a decade ago, nearly half are now experiencing financial stress. 76 percent of all Americans are living paycheck to paycheck and 36 percent do not have a single penny saved for retirement..
According to David Boyle of the New Economics Foundation, this situation will result in a tiny monied elite lording over a sprawling class of serfs within 30 years.
“The place where this is heading is a strange society with a tiny elite and a long struggling, straggling line which is the rest of us, a new proletariat,” Boyle writes.
Read More . . . .

Welcome to Eternal Poverty
The poverty of the 1930s Great Depression is coming back.  The moronic politicians and TV talking heads blunder forward thinking the future will look like the past, and they talk about new jobs and economic recovery.
Those of us still able to think for ourselves see the writing on the wall.  Technology, robotics, the Internet and outsourcing are permanently abolishing jobs by the millions.  At some point the consumer economy will collapse as people with jobs to buy products simply vanish.

The successful political party of the future will run on a "Jobs for Humans" platform.  It will be a  return of the Luddites as millions of people permanently made unemployable by machines demand help just to live.

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