The Globalists Are Systematically Destroying America’s Middle Class

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When people are dependent on the government they are much easier to control.  We are often told that we are not “compassionate” when we object to the endless expansion of government social programs, but that is not how the debate should be framed.  In America today, well over 100 million people receive money from the federal government each month, and the number of Americans that are truly financially independent is continually shrinking.  In fact, only 25 percent of all Americans have more than $10,000 in savings right now according to one survey.  If we eventually get to the point where virtually all of us are dependent on the government for our continued existence, that would give the globalists a very powerful tool of control.  In the end, they want as many of us dependent on the government as possible, because those that are dependent on the government are a lot less likely to fight against their agenda.

Back in 1992, the bottom 90 percent of American income earners brought in more than 60 percent of the country’s income.  But last year that figure slipped to just 49.7 percent.  The wealth of our society is increasingly being concentrated at the very top, and the middle class is steadily being eroded.  Surveys have found that somewhere around two-thirds of the country is living paycheck to paycheck at least part of the time, and so living on the edge has become a way of life for most Americans.

Earlier today, I came across a Business Insider article that was bemoaning the fact that the U.S. economy seems to be rather directionless at this point…

  • We do not have a real plan for health care, and costs continue to gobble up American wages.
  • We do not have a plan for dealing with globalization and economic change, but that change continues to shape our economy.
  • We don’t have a plan to update our decrepit infrastructure.
  • The one plan we did have — the Federal Reserve’s post-financial crisis program — is about to be unwound, marking the end of the last clear, executable plan to bolster America’s economy.
Ultimately, the truth is that we don’t actually need some sort of “central plan” for our economy.  We are supposed to be a free market system that is not guided and directed by central planners, but many Americans don’t even understand the benefits of free market capitalism anymore.

However, that Business Insider article did make a great point about globalization.   Most people don’t realize that our economy is slowly but surely being integrated into a global economic system.   This is really bad for American workers, because now they are being merged into a global labor pool in which they must compete directly for jobs with workers in other countries where it is legal to pay slave labor wages.

Even down in Mexico, many autoworkers are only making $2.25 an hour

Most of the workers at the new Audi factory in the state of Puebla, inaugurated in 2016 and assembling the Audi Q4 SUV, which carries a sticker price in the US of over $40,000 for base versions, make $2.25 an hour, according to the Union.

Volkswagen, which owns Audi, started building Beetles in Puebla in 1967 and has since created a vast manufacturing empire in Mexico, with vehicles built for consumers in Mexico, the US, Canada, and Latin American markets.

Volkswagen, Ford, GM, or any of the global automakers, which can manufacture just about anywhere in the world, always search for cheap labor to maximize the bottom line.

Would you want to work for $2.25 an hour?

Over time, millions of good paying jobs have been leaving high wage countries and have been going to low wage countries.  The United States has lost more than 70,000 manufacturing facilities since China joined the WTO, and this is one of the biggest factors that has eroded the middle class.

In a desperate attempt to maintain our standard of living, we have gone into increasing amounts of debt.  Of course our federal government is now 20 trillion dollars in debt, but on an individual level we are doing the same thing.  Today, American consumers are over 12 trillion dollars in debt, and it gets worse with each passing day.

The borrower is the servant of the lender, and most Americans have become debt slaves at this point.  This is something that Paul Craig Roberts commented on recently

Americans carry on by accumulating debt and becoming debt slaves. Many can only make the minimum payment on their credit card and thus accumulate debt. The Federal Reserve’s policy has exploded the prices of financial assets. The result is that the bulk of the population lacks discretionary income, and those with financial assets are wealthy until values adjust to reality.

As an economist I cannot identify in history any economy whose affairs have been so badly managed and prospects so severely damaged as the economy of the United States of America. In the short/intermediate run policies that damage the prospects for the American work force benefit what is called the One Percent as jobs offshoring reduces corporate costs and financialization transfers remaining discretionary income in interest and fees to the financial sector. But as consumer discretionary incomes disappear and debt burdens rise, aggregate demand falters, and there is nothing left to drive the economy.

This debt-based system continuously funnels wealth toward the very top of the pyramid, because it is the people at the very top that hold all of the debts.

Each year it gets worse, and most Americans would be absolutely stunned to hear that the top one percent now control 38.6 percent of all wealth in the United States…

The richest 1% of families controlled a record-high 38.6% of the country’s wealth in 2016, according to a Federal Reserve report published on Wednesday.

That’s nearly twice as much as the bottom 90%, which has seen its slice of the pie continue to shrink.

The bottom 90% of families now hold just 22.8% of the wealth, down from about one-third in 1989 when the Fed started tracking this measure.

So how do we fix this?

Well, the truth is that we need to go bgoveack to a non-debt based system that does not funnel all of the wealth to the very top of the pyramid.  Unfortunately, most Americans don’t even realize that our current debt-based system is fundamentally flawed, and it will probably take an unprecedented crisis in order to wake people up enough to take action.

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Government always demands control.  A little control, considered good and necessary, generally increases to a lot of control, not good but considered necessary, to that of total control, which is totally not good and totally unnecessary.

Where we are in that scale is up to debate, but I think we are close to the final one, so close that it may be inescapable.

How many people are aware that the Constitution was drafted but then had to be ratified by a minimum of 9 Colonies out of the total 13, and that the only way it could be ratified was to promise the people that a Bill of Rights would be Amended into the document that would guarantee the public be protected from the abuse of its restrictions on government?  And that this would be done immediately after ratification?

Talk about well founded fears.  And just what are the illustrious democrats hell bent on doing today with Gun control. And spending the country into oblivion. And removing God from the public square. Abortion. Same sex marriages. Illegal immigration.  Rejection of the Constitution with court approval. Promoting racism and hatred. Affirmative Action. Employment quotas on race and sex. Minority set aside projects and quotas on government (PUBLIC) funded construction projects.  And the list goes on, and on, and on again. Did I mention Grant money for the academics?

Where does all this crap stop?  America is dying. We had better realize that we, us, real Americans, are what is dying. Not the land. Not the environment.  US.

 

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LIGHTER SIDE

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ALERT ALERT

Hillary Clinton Was Not Formally Under
FBI Investigation At Any Time In 2015-2016

On Tuesday, Inspector General Michael Horowitz testified in a joint Congressional hearing to the House Oversight and House Judiciary panels about his review of the FBI’s (mis)handling of the Clinton email investigation.

House Oversight Chairman Trey Gowdy (R-SC) came out swinging Tuesday in a a joint hearing held by the House Oversight and House Judiciary Committees.

Gowdy ripped into Comey in his opening statement, stating, “we can’t survive with a justice system we don’t trust.”

Investigative journalist Paul Sperry reported Horowitz dropped a bombshell in his testimony.

Horowitz revealed the FBI never named a target or even a subject in the Clinton email probe!

Sperry tweeted: BREAKING: IG Horowitz revealed in Senate testimony FBI never named a target or even subject in Clinton probe. Not Mills, Abedin, Combetta or Clinton herself. “Nobody was listed as a subject of this investigation at any point in time,” adding this was “surprising” for a crim probe

Paul Sperry@paulsperry_

BREAKING: IG Horowitz revealed in Senate testimony FBI never named a target or even subject in Clinton probe. Not Mills, Abedin, Combetta or Clinton herself. "Nobody was listed as a subject of this investigation at any point in time," adding this was "surprising" for a crim probe

So neither Hillary nor her top aides were formally under investigation by the FBI at any time in 2015-2016, tweeted Sperry.

IG HOROWITZ DROPS BOMBSHELL DURING SENATE TESTIMONY:

“Nobody was listed as a subject of this [Clinton email] investigation at any point in time,” adding this was “surprising”

So neither Hillary nor her top aides were formally under investigation by FBI at any time in 2015-2016!

Paul Sperry@paulsperry_

IG HOROWITZ DROPS BOMBSHELL DURING SENATE TESTIMONY:

"Nobody was listed as a subject of this [Clinton email] investigation at any point in time," adding this was "surprising"

So neither Hillary nor her top aides were formally under investigation by FBI at any time in 2015-2016!

Paul Sperry@paulsperry_

BREAKING: Horowitz revealed that Hillary was never really under formal investigation, never listed by FBI as a "subject" of investigation.

President of Judicial Watch Tom Fitton reacted to this bombshell bias from the FBI.

Tom Fitton  @TomFitton

.@RealDonaldTrump is a subject, but Hillary Clinton was never a "subject." Outrageous. Shut the Strzok-Page-Comey-McCabe-Lynch-Yates-Glenn Simpson-Steele-Brennan-Fusion GPS-Muller special counsel "stop @realDonaldTrump" investigation down.

Paul Sperry@paulsperry_

BREAKING: IG Horowitz revealed in Senate testimony FBI never named a target or even subject in Clinton probe. Not Mills, Abedin, Combetta or Clinton herself. "Nobody was listed as a subject of this investigation at any point in time," adding this was "surprising" for a crim probe

tigation’ into Hillary Clinton’s use of a private server was a complete sham.

No subjects were named, immunity was handed out like candy and Hillary was exonerated before witnesses were interviewed, including Hillary Clinton herself.

Hillary Clinton’s ‘interview’ with the FBI wasn’t even under oath.

Even more egregious, Hillary discussed pregnancy and babies during the majority of the 2.5 hour FBI interview because one of her lawyers was pregnant at the time.

Inspector General Horowitz also testified in front of the Senate Judiciary Committee Monday.

TEA PARTY TARGET

Targeting Of Tea Party Groups
John McCain’s Staff Director Urged Lois Lerner
And IRS To Engage In “Financially Ruinous”

Conservative watchdog group, Judicial Watch obtained IRS documents Thursday revealing backstabber Senator John McCain’s former staff director urged the IRS, including the corrupt Lois Lerner to engage in “financially ruinous” targeting of conservative Tea Party groups.

And they did.

The IRS Conservative Targeting Scandal involved:

  • Hundreds of conservative groups were targeted
  • At least 5 pro-Israel groups
  • Constitutional groups
  • Groups that criticized Obama administration
  • At least two pro-life groups
  • An 83 year-old Nazi concentration camp survivor
  • A 180 year-old Baptist paper
  • A Texas voting-rights group
  • A Hollywood conservative group was targeted and harassed
  • Conservative activists and businesses
  • At least one conservative Hispanic group
  • IRS continued to target groups even after the scandal was exposed
  • And… 100% of the 501(c)(4) Groups Audited by IRS Were
  • Conservative

Now this…

Via Judicial Watch:

Judicial Watch today released newly obtained internal IRS documents, including material revealing that Sen. John McCain’s former staff director and chief counsel on the Senate Homeland Security Permanent Subcommittee, Henry Kerner, urged top IRS officials, including then-director of exempt organizations Lois Lerner, to “audit so many that it becomes financially ruinous.” Kerner was appointed by President Trump as Special Counsel for the United States Office of Special Counsel.

The explosive exchange was contained in notes taken by IRS employees at an April 30, 2013, meeting between Kerner, Lerner, and other high-ranking IRS officials. Just ten days following the meeting, former IRS director of exempt organizations Lois Lerner admitted that the IRS had a policy of improperly and deliberately delaying applications for tax-exempt status from conservative non-profit groups.

Lerner and other IRS officials met with select top staffers from the Senate Governmental Affairs Committee in a “marathon” meeting to discuss concerns raised by both Sen. Carl Levin (D-MI) and Sen. John McCain (R-AZ) that the IRS was not reining in political advocacy groups in response to the Supreme Court’s Citizens United decision. Senator McCain had been the chief sponsor of the McCain-Feingold Act and called the Citizens United decision, which overturned portions of the Act, one of the “worst decisions I have ever seen.”

In the full notes of an April 30 meeting, McCain’s high-ranking staffer Kerner recommends harassing non-profit groups until they are unable to continue operating. Kerner tells Lerner, Steve Miller, then chief of staff to IRS commissioner, Nikole Flax, and other IRS officials, “Maybe the solution is to audit so many that it is financially ruinous.” In response, Lerner responded that “it is her job to oversee it all:”

Henry Kerner asked how to get to the abuse of organizations claiming section 501 (c)(4) but designed to be primarily political. Lois Lerner said the system works, but not in real time. Henry Kerner noted that these organizations don’t disclose donors. Lois Lerner said that if they don’t meet the requirements, we can come in and revoke, but it doesn’t happen timely. Nan Marks said if the concern is that organizations engaging in this activity don’t disclose donors, then the system doesn’t work. Henry Kerner said that maybe the solution is to audit so many that it is financially ruinous. Nikole noted that we have budget constraints. Elise Bean suggested using the list of organizations that made independent expenditures. Lois Lerner said that it is her job to oversee it all, not just political campaign activity.

President of Judicial Watch, Tom Fitton had this to say about the newly obtained IRS documents showing more proof the agency was weaponized under Obama:

“The Obama IRS scandal is bipartisan – McCain and Democrats who wanted to regulate political speech lost at the Supreme Court, so they sought to use the IRS to harass innocent Americans. The Obama IRS scandal is not over – as Judicial Watch continues to uncover smoking gun documents that raise questions about how the Obama administration weaponized the IRS, the FEC, FBI, and DOJ to target the First Amendment rights of Americans.”

Tom Fitton  @TomFitton

The Obama IRS scandal is not over – as Judicial Watch continues to uncover smoking gun documents that raise questions about how the Obama administration weaponized the IRS, the FEC, FBI, and DOJ to target the First Amendment rights of Americans.

Judicial Watch Obtains IRS Documents Revealing McCain’s Subcommittee Staff Director Urged IRS to...

McCain minority staff director Henry Kerner to IRS official Lois Lerner and other IRS officials: “the solution is to audit so many that it becomes financially ruinous” (Washington, DC) – Judicial...

judicialwatch.org

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