Friday, January 21, 2011

How the Financial Elite Have Dismantled The American Middle Class

The U.S. economy is now operating like a finely tuned engine bent on dismantling the middle class and protecting the tiny elites in our nation that have learned to manipulate both political parties to their financial benefit.  This did not occur over night but started in the 1970s when the U.S. government and investment banks juiced up the nation with deficit and debt spending.  A single family cannot go into debt for a very long time without consequences but a rising housing market hid much of the inequality developing in our system for a very long time.  It was an illusion of stability.  The top 1 percent in our nation now control 43 percent of all financial wealth.  These are levels not seen since the years before the Great Depression consumed the global economy.  The fact of the matter is the top 1 percent has massively gained in real financial terms because of political maneuvering and selling out the middle class.  Since these people protect their wealth through investment banks and tax breaks politicians have not dared touch these sacred cows or even asking banks to pay for their decades of personal irresponsible lending.  In the end the elite have created a system where the working and middle class are paying for their own demise.
tent city
“(UK Guardian) A homeless encampment known as Tent City, in Sacramento, California, in 2009. Since the 1970s, real wages stopped growing and the gap between rich and poor expanded as the US economy slowed down after decades of growth. Photograph: Rich Pedroncelli/AP”
More Here..


  1. i have begun digging hole in country road. i will start trench for people. get digging or get marching. tanks come down are streets we want armd people in trenches. the dismantled middle class was resulted by greed, iresponsibleness, goverment power, lack of care, unfair treatments. Its time to stop talking and time to get ready. dig holes, build forts, get with family. Bad stuff coming are way people.

    - Sam

  2. You should dig a hole alright

  3. back in the late 80's early 90's as russia collapsed they couldn't get good national news info either and it was the other nations reporting more truth then their own service..
    some say history doesn't repeat but sure sings a similar tune

  4. Sam spam appears to be automaticaly generated
    by a computer responding to key words in the original post with proposals for mindless violence and calls for redistributing wealth via increased money printing bernanke style .
    EG throw ice at banksters limos,dig holes in the street and fill them with family armed defenders against tanks etc

  5. Bck in the early day when russia collapsed they couldn't acquire decent nationwide information either and it was the other nations reporting extra truth then their own service..
    some say the past doesn't repeat but it sure sings a similar tune


Everyone is encouraged to participate with civilized comments.