All over America, restlessness and frustration are growing. It has now been almost three years since the great financial crash of 2008, and yet the U.S. economy is still a complete and total mess. In fact, there are all sorts of signs that things are about to get even worse, and the American people are just about fed up. Virtually every major poll, survey and measure of consumer confidence shows that the American people are becoming more pessimistic about the economy. Millions of hard working Americans that worked their fingers to the bone for their employers and that did everything "right" are sitting at home on their couches tonight staring blankly at the television. Many of them still have a hard time believing that they were laid off and that there is nobody out there that wants to give them a good job. There are millions of other Americans that won't get much sleep tonight because they will spend much of the night rolling around in bed wondering how they are possibly going to be able to pay the mortgage. We have never faced such an extended economic downturn in modern U.S. history, and a lot of people are starting to freak out about the condition of the economy. As Gerald Celente likes to say: "When people lose everything and have nothing left to lose - they lose it."
Every single month, the number of good jobs continues to go down. Wall Street actually rewards companies that have a good "outsourcing strategy". As I have written about previously, a growing percentage of the jobs that are being "created" these days are very low paying jobs. But you can't support a family, pay a mortgage or even afford decent health insurance on what you would make stocking shelves at Target or passing out buckets of chicken for KFC.
The American people keep waiting for "hope" and "change" to show up, but all they get instead are more helpings of "despair" and "frustration".
Sadly, most Americans still cling to the hope that if the "next election" will just turn out the right way that things will be okay. But the truth is that things seem to stay on pretty much the same course no matter who we put into office.
For many years the status quo seemed to be okay for most people, but now we are starting to reap the results of the economic seeds that we have sown.
Now our economic decline is starting to accelerate and people are starting to panic. Most Americans may not know why all of this is happening, but what many of them do know is that something in their gut is telling them that things have gone terribly, terribly wrong somehow.
The following are 10 signs that the American people are starting to freak out about the condition of the economy....
#1 Things have already gotten so bad that Americans will literally trample one another just to get on a waiting list for rental assistance vouchers. Just check out the following excerpt from a local news report about a recent incident in Texas....
At least eight people were hurt Thursday morning while scrambling to line up for a limited number of Dallas County rental vouchers — after waiting for hours in their cars.
People lined up Thursday morning to apply for Dallas County Section 8 housing vouchers. Dallas County sheriff's spokesman Kim Leach estimated the crowd at about 5,000.
Video of this incident is posted below. One of the people that was trampled was a pregnant woman....
#2 Almost every measurement of consumer confidence is going down. For example, the Conference Board’s consumer confidence index fell from 61.7 in May to 58.5 in June.
#3 The Reuters/University of Michigan consumer sentiment index has fallen to 63.8 after being at 71.5 in June. It is now the lowest that it has been since the last recession "ended".
#4 The Rasmussen Consumer Index is down 9 points from a month ago.
#5 A recent poll taken by Rasmussen found that 68 percent of Americans believe that we are actually in a recession right now.
#6 According to Gallup, the percentage of Americans that lack confidence in U.S. banks is now at an all-time high of 36%.
#7 In many areas of the United States this summer, just about anything that is not bolted down is being stolen by people that are desperate for money.
#8 According to one recent poll, 39 percent of Americans believe that the U.S. economy has now entered a "permanent decline".
#9 Another recent survey found that 48 percent of Americans believe that it is likely that another great Depression will begin within the next 12 months.
#10 According to a brand new Reuters/Ipsos poll, 63 percent of Americans believe that the nation is on the wrong track. That figure is three percent higher than it was last month.
One of the only things preventing chaos from breaking out in the streets of our cities from coast to coast is government handouts.
Today, almost 20 percent of all personal income in the United States comes from benefits provided by the federal government.
You don't believe this? Just check out what the New York Times recently had to say....
Close to $2 of every $10 that went into Americans’ wallets last year were payments like jobless benefits, food stamps, Social Security and disability, according to an analysis by Moody’s Analytics.
There are tens of millions of Americans that are living "on the edge", but at least the massive government handout programs are enabling most of them to survive.
So what happens when the checks from the government stop coming?
Look, I am not advocating that the "welfare society" that we have become is a good thing. Today, Americans receive more in direct government benefits than they pay in taxes. That is not even close to sustainable.
What I am pointing out is that tens of millions of Americans that are deeply suffering are currently being pacified by these government handouts. Once the handouts are cut significantly or taken away completely it is going to unleash a lot of anger and frustration.
Of course what the American people really need are good jobs that will give them dignity and allow them to provide for their families, but millions of those keep getting shipped out of the country.
So the only thing that millions of Americans still have to hang on to are their government benefits. Once that changes a whole lot of people are going to throw a fit.
In fact, we are already seeing some really bizarre behavior across the United States. In many areas of the country we are literally watching society crumble right in front of our very eyes.
If you doubt this, just check out these two articles....
1) "Americans Gone Wild"
2) "18 Signs The Collapse Of Society Is Accelerating"
But not all Americans will resort to lawless behavior. In fact, there are a lot of really good, hard working people out there that this economy has left behind.
There are some people that have put in decades of hard work only to see their dreams shrivel up over the past few years.
Some of the stories people send me are absolutely heartbreaking. I have looked at each and every comment that has been left on The Economic Collapse over the past couple of years. Needless to say, it has taken a huge investment of my time to go through more than 20,000 comments. But in the process I have gotten a very good idea of what people are going through across the nation.
So how badly are people hurting? Well, a reader identified as "Anna44" recently shared with us what some of her family members have been going through in this economy....
My B-I-L was a dealership owner/manager who worked long hours over 38 years and had to close his doors when Saturn was dissolved. When his dealership went under, 72 others lost their job. That’s 72 families who took a hit. He lost his home, everything. A few of his former employees lost their homes as well eventually. They were not lazy or WORTHLESS. It took him a year and a half to finally find something, but now he lives in a hotel unable to qualify for a house or apartment. This is an educated man who competed nationwide for top dog and got it more then once. His biggest fault? He’s almost 60, young enough to need the work, but too old to be hired.
As for my husband- 26 years AF officer, handling millions & billions on International & National levels has just entered his 7th month of unemployment. Two tours abroad- lazy he is NOT. He doesn’t qualify for unemployment, nor is he counted because he gets a retirement check. He wants and needs to work- yet there is little out there. If he doesn’t find something soon, we too will lose the home we sunk every cent into after 20 years of saving for it!
All across America tonight there are similar stories. People have done everything "right" all of their lives and they are frustrated that now they have been pushed to the edge of poverty by this economy.
Unfortunately, it looks like things may soon get even worse. Economist David Rosenberg recently told CNBC the following....
"We're just one small shock away from the economy going back into recession."
That is not what the American people want to hear.
What they want to hear is that things are about to get better.
What they want to hear is that things are going to get back to normal soon.
Sadly, that is just not going to be the case.
The economy is going to get worse and worse, and the frustration and the anger of the American people is just going to continue to grow.
I’ve been unemployed since 1987. Never got to have a family or a house. And now you worthless freeloaders have the gall to whine ….
Almost two and a half decades and you couldn’t find a job? Where in the heck were you looking? Under yer bed?
This sounds like your doing….just sayin..
How on earth could a man be unemployed for 27 years? How have you made it? What do you do? Did you want to work and couldn’t find any? That is not believable to me. I am 53 years old and heve always been able to find work if I was willing to do it, are you able and willing?
If you’ve been unemployeed since 1987, then you’re either filthy rich or living off the system or someone else.
People are doing some rather desperate things to get by. They’re even stealing railroad spikes and tie plates (inserted between the rail and the wooden tie) from active, in-use railroad tracks.
I got laid off when the dot com bubble burst in 2001. I was 46 at the time. I didn’t get a full-time job for a year. What I did do was whatever it took (ethically speaking) to earn income. I did a couple of roof jobs, skinned deer, worked for a tree service 1 or 2 days a week. I also signed up to substitute teach though it proved to be the least profitable way to spend my time. I dismantled cars in preparation for crushing at the local junk yard and I obtained my license to sell insurance. We never lacked for anything essential or missed a payment the whole time. When I finally did find a full time job, it was commercial construction for half of what my previous job had paid. That was four jobs ago. I’m now making the highest salary of my working life but I doubt that this company will last to the end of the year. In prep for that possibility, I am stockpiling firewood. The point is that you do what it takes to survive and there are plenty of opportunities to do so. If you sit around waiting for someone else to take initiative, you deserve what you get. “If a man will not work, neither shall he eat.”
If people like Walker and the other low G.P.A. tea bag governors are allowed to get their way this is the beginning of the end of the middle class and the American worker being paid a decent wage.
Make no mistake, private sector Unions are next. Once they are gone Corporations will be able to
decide what they want to pay (and here’s a hint…it won’t be more) how many hours they want you to
work and the conditions /safety will not even Read More… come into play any longer. Overtime and vacations will
be a thing of the past.
Meanwhile if you thought that the average CEO making 42 times the average worker 25 years ago
and now the average CEO being paid 441 times the average worker is bad . . .you just wait.
We need to pass the employee free choice act now and FORCE these low pay scum bag walmart, mcdonalds, etc to pay a LIVING wage. After a few days of closed stores due to employee strikes I am confident the CEO’S will see the light and have to raise pay. What are they gonna do-outsource to China?
forgot to include the link for more info to read.
http://www.huffingtonpost.com/2011/07/16/scott-walker-mistakes-policies_n_900820.html
If people like Gary and the other low G.P.A. useless progressive liberals read communist are allowed to get their way this is the beginning of the end of the middle class and the American worker being paid a decent wage. You will all be equal paid wage slaves.
But no one ever thought Gary was smarter then the average mouse. Gary still whining like a spoiled brat. Go do something with your worthless life beside spreading communist failed BS system. Gary you are fool.
You are thinking way off base.
60%+ of the jobs in the USA are not UNION labor jobs, and usually, they make out BETTER than the union guys do. My wife brings in 80K a year with three weeks vacation and half of her health care paid for. I am the stay at home dad. She doesn’t work swing shifts, and gets paid overtime at 60 bucks an hour.
You are limiting yourself if you think that some union boss gives a rat’s rear end about your living conditions or working conditions. They just want to make their living on your hard work.
Try looking up how much they make vs. what you make. See if they “lose” income when you go on strike(I know, THEY DON’T). Instead you are paying someone else to make a “deal” for you, but it is the same for every person that you work with, including the guy that shows up late, is drunk on the job, does sloppy work, or doesn’t put in any effort. While you, the hard worker does your job and his. Why are you happy to have a system that pays you the same rate no matter what your work ethic is?
It is a foolish thing to give another man the authority to make decisions, regarding YOUR income, when you can do it yourself with much better results.
If I may, I would like to address comments such as Anne regarding our circumstances. I suppose she and many others have jumped to the conclusion that our family was living beyond it’s means.
We have lived a simple life for quite some time.
If everything had gone according to plan, his retirement check would have been enough to get by.
But plans in today’s environment don’t always work out.
How did my family get here?
SLOWLY, like Grasshopper indicated.
It started 4 years ago because of an unexpected physical separation for DUTY that drained our savings. Then the equity gone in our modest home within 2 years. Next, medical bills hanging over our head from a car accident leaving me disabled. Finally,his position eliminated from budget cuts to the Air Force, and my job down to 8-12 hours a week because of a weak economy.
We are not flashy people. I drive a 1997 CRV- and bought one pair of shoes in 4 years- black sneakers for work. We are living off the deep larder I prepared 3 years ago, and our garden. What is driving my family to the edge? Property taxes, medical bills, legal & HOA fees. Loss of income. High utilites. The cost of gasoline. Car repairs. Eyeglasses, dentist & physical therapy. (even the co-pays are making a dent in what we have left)
We did everything right and I’m shocked we were able to hold on as long as we did as each punch hit. But now it’s getting scary. Everything we worked & fought for is at risk even though we have done nothing wrong to deserve it. And that hurts more then anything. We understand the “judgement” of others, they don’t know. It would be even fair to say we were on that same high horse 5 years ago. But unexpected things happen–one after another after another.
All we can do as a family now is….keep standing as our faces are covered from dust by those riding by wondering why we were foolish enough to be thrown off of our own high horse. That’s okay. We’ll all be walking together soon.
Anna,
I sympathize, since I too am disabled and only 42. If your medical bills are too massive to ever pay, you have two options.
1. Bankruptcy, I know it is a ugly term, but it is a very real option with stuff that you can get removed
2. Negotiate with the hospital. Take them your financial statements and show them what you earn and what your expenses are. A doctor or hospital writes off millions every year for those that cannot afford their medical bills.
The Pin Striped Bandits on Wall St. are being subsidized to take the US into third World financial status. They’ve been doing it for over a decade via “Naked Shorts” stock counterfeiting. They’ve found they can make more money shorting the US middle class out of existence, stealing their property via FraudClosure and reaping the benefits of de-facto monopoly status. BTW, there is no Federal Gummint, just a handful of corporations that decide where all the public moneys go. I call it FedGov.Inc (note domain suffix). Proof being, no real investigation into any major financial FUBAR for the past decade. Any real investigation would reveal the corruption is systemic across the public and private sectors.
“People have done everything “right” all of their lives……..”
Not so. have you owned and used one or more credit cards all of your life? then YOU have been spending that which does not belong to you.
Have YOU taken out a loan to buy a new or used car? then you have used that which doesn’t belong to you to purchase something YOU WILL NEVER OWN.
Have you bought a house? then you again have used that which does not belong to you to purchase something YOU WILL NEVER OWN.
“You cannot legislate the poor into freedom by legislating the wealthy out of freedom, When half of the people get an idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is about the end of any nation. You cannot multiply wealth by dividing it.”
Do you want to meet the person who pushed you to the edge? look in the mirror. there you will see the one who is responsible for subsidizing YOUR destruction.
The Bankruptcy of the US was visibly inevitable in 1913 and declared in 1933. the only thing that comes as a surprise is that it took this long to get where we’ve come to today. the “assets” have almost been completely liquidated. the coming hell will emanate from the hearts and minds of men who chose to worship the creation instead of the creator.
Blessed is the nation whose god is The Lord.
That nation ain’t America any more.
Economics has been corrupted, and we bought the BS…time to get back to basics.
https://libertyrevival.wordpress.com/2010/07/14/milton-friedman-pay-off-national-debt-with-greenbacks/
https://libertyrevival.wordpress.com/2010/11/27/capitalism-without-monetary-justice-is-socialism/
https://libertyrevival.wordpress.com/2010/07/23/taking-aim-at-the-austrian-school-of-socialism/
https://libertyrevival.wordpress.com/2010/06/22/honest-and-sound-criticism-of-zarlengas-american-monetary-act/
https://libertyrevival.wordpress.com/2011/01/09/ending-poverty-and-political-turmoil/
http://www.amazon.com/Corruption-Economics-Georgist-Paradigm/dp/0856832448/ref=pd_rhf_p_t_2
It’s time to move on…
http://alt-money.tribe.net/thread/70e5eb29-853d-44ca-9faa-b789d1757037
@Tristan, most landlords pay mortgage payments. Those are fixed, EXCEPT for insurance and property taxes which have actually gone UP in many areas rather than down with the market, as municipalities try all kinds of BS to bring in revenue. Also if the landlord pays for water or heat, the price of all utilities is up, not down last I checked.
For the landlord whose properties are paid for, he still has utilities, insurance and taxes. Not to mention repairs (and painting and cleaning if the tenant moves out). It’s not like he has a free house.
Not only that but it is harder to find good tenants. I’m keeping properties vacant longer trying to find someone who has actual income, or who isn’t trying to fool me in some way. More and more people are coming to me asking for short term leases (6 months or less). Not sure why, but it’s really becoming common.
People are doubling up with their relatives (having a pile of people move in with your tenants makes the water bill go up significantly), tenants lose their jobs and quit paying rent, people stay home when they’re not working and put more wear and tear on the house, sometimes they start taking in other people’s kids as an unlicensed daycare, and there’s more cars clogging up the parking on the street because there’s extra people living there, etc.
….with more people unenployed …the larger the resistance to tyranny…we have more time ,more availability to knowledge to combat this legacy we are leaving to our decendants
…gaining knowledge and courage are the first steps….then burnout from too much doom and gloom….i’ve seen it in me and in other people
…this will pass…..the ”WE ARE CHANGE” ACTIVIST GROUP IN YOUR AREA WILL BE [WHOOPS] a breath of fresh air …they are like minded people from all walks of life…no ridicule for having passion about tyranical goings on
….and it will get you outa the house…they can answer a lot of questions in your weak areas,and you don’t have to commit to participating in demonstrations and all that
…..there is never a lull in conversations…..it’s really like being with people you have been friends with a long time,yet, you just met
Nothing happens by accident. What is going on in the US is a deliberate takedown. They have no plans to right the ship. All for one and all for Israel. There is no difference between Republicans and Democrats. Ron Paul who stated he didn’t believe 911 was an inside job can kiss by bare butthole.
Wake up and smell the fascism.
Yup . . .
Good analysis. The only weak spot in this otherwise strong report is the anecdote about the Saturn dealership. It is always a sad thing when a business goes down. But the Saturn’s decline appears to be a simple matter of the consumer making market choices that the manufacturer could not survive.
Gary2
“What are they gonna do-outsource to China?”
No. But what they will do is just raise the price of the product because unfortunately the service economy does not have a high profit margin. Personally I would gladly pay more if the employees made a higher salary. Your attempting to squeeze blood from a stone. The problem is that the high profit margin jobs left with manufacturing to the third world.
I like organized labor and my hero is Walter Reuther. China needs a similar man or woman but they would not last too long.
I don’t trust the banks anymore. The have crashed the stock market, the housing market, job market, etc.
I took out my little 401k money and spent it on boats and hoes.
Anna44 – Do not worry about the “judgement” of others. You have to get yourself into one of these situations before you appreciate that it “really can” happen to anyone. No one is completely in control of his or her life! You do the best you can, and ride it out however it turns out.
There is a fair chance that you will be expelled from the life of middle class ding-dongs forever. Consider yourself lucky.
Let me give you a tip – poor people and rich people are much alike. It’s only the middle class that feels bad because they can’t fit in any more. I have known lots of rich and poor people and I like both better than the middle class. Most people can’t figure out which kind I am!
You people who want to tax the rich need to define who they are. There is a big difference between a guy who owns sub franchises and brings in a mid-six figure income and the elitists who are in control and are bringing this place down.
In fact, the “rich” that people hate are not a matter of money alone – they also are who they are because of connections, Ivy League diplomas, pragmatic materialistic philosophies, social skills, and so forth. I know some pretty rich people who have only a little more influence than I do .
The ones who are influential are largely sociopaths who believe themselves to be very special and the natural-born leaders and judges of all humanity.
These people are truly sick and they are sucking blood from almost every company and insitution now. Like insects, they customized our society to suit them decades ago and they have been slowly using their glad-handing to gain for themselves. They can literally spot each other and it is like they have a secret handshake. The rest of us are What’s for Dinner!
I am not overly religious but it is so ugly that I expect either God or nature to intervene and close this freak show.
Mr. G
We are in a slippery slope down hill and there are no brakes in place. We have been lied to repeatedly by Washington. Washington is Broke, but we have 800 million dollars going to Pakistan, 40 billion promised to the UN, but 70 million of us may not recieve social security benefits because its being used as a wielding tool for the debt ceiling. As someone said the other day if 1million dollars was given to each American Citizen, there would be enough to pay off mortgages, buy homes, encourage growth spending, an buying, it would send the economy over the top. Washington does not want us out of the depression, it wants to control us and our families and our jobs and our lives. Did anyone see, any of the the senate, the congress, the president, or anyone else getting a big fat government check off to take a pay cut? Pelosi, Reid, and Frank, along with the rest still get their insurance and retirement benefits. They are still collecting their big buck checks. How come we have to bite the bullet and they dont? if we are broke how come they dont have to take a pay cut? Sorry something stinks in Washington, and it aint fish.
Give each person 1 million dollars, and the economy will CRASH, because there will no longer be an incentive to WORK, which makes goods, which employees people, and eventually that million dollars runs out, because of too many dollars chasing too few goods. Sure if sound great, but apply LOGIC to the mentality of many lotto winners, and you will see that in the end they ended up worse off than when they started. No effort and no trial for money, leads to no appreciation, and when that money bubble runs out of cash what then? Another million to everyone?
Also, what happens to all the tax receipts that the government gets from income? No one needs to work, so no income. BOOM, instant economic meltdown.
In 5 years the top 10% of wealth creators will simply have all the money again, and the same problem will be there.
It is not only in united states,but all over the world,people are afraid of rising expenses and declining income.This is all due to imbalance in distribution of wealth.In last few years rich are getting richer at an alarming rate,so does they are capturing unlimited power and monopoly to regulate the markets for their own benefit.They are capturing new earning evenues for themselves with their extra money,destroying small business and jobs.If few people want to regulate everything then it brings misery for working and middle class.Money is in the system,but few powerfull people are holding it now.
I can see what is wrong with the USA, by the comments on this blog. You all sound like socialists, share the wealth and we will be alright!
You are a Socialist genius
Globalization seeks to promote two classes of people on this planet; the rulers and the slaves. The wealthy have made democracies obsolete through political bribes, contributions, blackmail and graft. The goal is to attack the wealth left out there that they do not own (middle classes of the world) and steal it legally for themselves. Think bank bail outs, unending wars, raids on your treasury, too big to fails, DHS, FEMA, suppression of your rights etc. Eventually there will be a world-wide minimum wage. All countries as we know them today will become regions, and each region will be equally poor. Slave states will reverse auction their slave wages down to secure capital for projects (jobs for starving laborers) away from other slave states. All of the currency will be fiat, so the wealthy will just laugh their butts off! I have a feeling this system will be in place by 2035 or so.
After they have stolen back their fiat currency (i.e. you labor) from you, they will start to attack each other. The least wealthy elites Vs. the most insanely wealthy people ever will hire armies of poorly trained slaves to fight each other and protect their “assets.” the poor will be used a cannon fodder for pennies to send back to their starving relatives. There wont be a revolution because the soldiers will all be chipped and drugged, as will the mass populations.
This can only happen when the citizens are cowards which they are.
Just had a phone call from a Canadian business services company we have worked with for 8 years now. The owner related to me that his business is suffering worse than at anytime since he started 18 years ago and it is primarily due to our lack (USA based business) of sales which basically fell off the cliff starting about March of this year. Our services are those that a growing business or one that is trying to expand would use so that should tell you in what direction things are headed or are already there! If they are not using our services, they are not going to be hiring new employees.
This system we live in has been a con for a long long long time BUT it could function because the one piece of the puzzle that everything else is dependent on was abundant and cheap. What’s that? It’s energy, the absolute basis of all work. It is the fundamental basis of the economy and the excess needed to create is no longer there.
You did nothing when 40 million illegal aliens invaded, colonized and are now conquering your country. You did nothing when the evil, socialist, liberal progressives Demonrat Party members dumbed your kids down the the point of 5th graders when they graduate. You did nothing when benefits were handed out to everyone including illegals who never paid a dime in tax. You did nothing as your country turned into a police state where a person can go to jail for looking at a cop the wrong way and the government spies on all law abiding citizens. You did nothing when your country went 10s of trillions of dollars into debt handing out benefits to illegals. It is so bad that 10% of NY’s in the working age of 18 – 62 are on Social Security Disability.
So if you cowards want to see who is responsible for the demise of your country just stand in front of a mirror.
Got that right . . . and amen. But what can we do? What have you done? (besides write stuff on blogs). I’ve emailed and called Congress, signed petitions, informed my co-workers . . . you name it. Has any of this done any good . . . (rhetorical question)?
I can at least say that I started a now thriving Tea Party to fight the runaway spending. Will it be a long term solution? Who knows, if we don’t learn how to negotiate to the next election, then I really doubt it.
There are some very outrageous comments on this topic, but the truth of the matter is that most of America fell for the non-sense they were being fed.
For the past 25 years I’ve been telling people that the economy would collapse once the service side over took the production side, and we outsourced everything. All I ever heard was that I did not know what I was talking about.
The problem is not CEO’s, but rather the person in the mirror. If you continue to elect the same politicians, stand by while judges take the law from the people, and the servant of the people is given immunity from the atrocities they typically committ we have no solid ground on which to stand in any scenario.
What did you think would happen once you relinquished your sovereignty to the state and bought into the propaganda that what the government called regulation was for your protection? Government regulations are nothing more than prohibitions placed on the people so they cannot seek remedy and relief.
If you want to learn what happened in America, study the law, and understand that this nation was not meant to be a democracy, but is in fact a Constitutional Federal Republic. If you understand these things then you will begin to realize that blasting the Constitution was part of the agenda to ensure that the working people would have no recouse. The ignorance would prevail, and all we would have left is to beg for a job, or the right to live unencumbered by the state. At that point anyone with the means to reach your representative could buy your subjugation.
in the last year there have been 19 national polls on how people think we should fix the deficit. The lowest was 53% and the highest and most recent was 81% which are the percentage of people who say to TAX THE RICH in order to ease the deficit.
Let me be as plain as I can.
The rich will be taxed hard either willingly or not, they will be taxed.
Just imagine how wonderful the country would be with out conservative/repubes holding the country back.
It would be like a patient with a large tumor destroying their body and then a surgeon completely removing the cancerous growth. The body heals and is better than ever.
Imagine the relief the person feels knowing they will live.
One can dream happy thoughts…
Again, Gary2, you live through the looking glass. Everything you espouse is 180-degrees backwards . . . no wonder the country is in dire straits . . . too many like you . . .
Why does an economy exist – to serve people, or to be served by people? The uber-wealthy elites who have taken the commanding heights of the global economy believe that human beings are a commodity to be used up, like any other, as a cost of their relentless and never-ending drive for power and wealth. We get this system because we tolerate it. We meekly submit to having more and more of our liberties taken away, and a government (at least here in the USA) that increasingly resembles a criminal enterprise more than a political entity designed to serve its citizens. Vast areas of government, the courts and the law, have been hijacked, taken over by a criminal class unresponsive to those they serve. Of course, believing themselves to be above the law, the elites expempt themselves from the very same laws that they insist the rest of us follow. It’s how they keep us in line. One day, in the not-too-distant future, a tipping point will be reached when enough people see that we’ve become a nation of men, and not a nation of laws – and many citizens will simply begin disregarding the law, just as our elites do. What will happen then? One possible answer is that the eddifice of civil society will finally topple to the ground in ruins – and the USA will begin to resemble a third-world hell place like Somalia or if we are lucky, Bolivia.
If we wish to remain free, we – meaning everyday citizens – must seize control of our institutions again, and make them work in a just, fair manner and not as the private piggy banks of the rich and powerful, or an assembly for passing politically-correct whims and debating unimportant minutia as our version of Rome burns.
The citizens one last chance is to vote enmasse for Ron Paul. It really is that simple. Anybody have a better suggestion? I don’t think so!
YES!!!
He’s been endorsed by Reagan, the president that saved us after the last worst president ever, Carter.
CAN YOU SAY SET UP:
Nothing better to see on local news than poor blacks and white trash stampeding over each other like steers to market for some free housin’!
This was done intentionally to embarrass these people so they could be caught on camera running each other over. And I am quite sure this will be more ammunition for reactionary rightwingers to further prove their case as to why “entitlements need to be cut”………..
The problem:
1. Fractional Reserve Banking (money issued as debt to benefit the usurer)
2. National Debt (see #1)
3. Taxation of labor and capital. Leads to outsourcing and offshoring.
The Keynesian Solution:
1. Stop bailing out banks. Use the public money to create real jobs to build infrastructure.
2. Implement a sin tax on usury like the Robin Hood Tax.
The Ideal Classical Liberal/Progressive Solution:
1. End fractional reserve banking with something like the Zarlenga plan or scale it back to something like a 1:5 to 1:3 reserve ratio which Lincoln suggested. As reserve ratios are scaled back, the government should print debt-free Greenbacks to pay off the national debt and create public sector jobs in order to prevent the deflation that scaling back reserve ratios would cause.
2. End income taxes, capital gains, and payroll taxes, which act as a negative trade tariff, sending jobs overseas.
3. Use sales taxes, which act as a uniform trade tariff, taxing domestic and foreign production equally. They also tax consumption, making natural resources more affordable since excessive demand is reduced by the taxation. Make the sales tax progressive with a citizen dividend, like the Fair Tax, which is promoted by people like Thomas Paine and MLK.
4. Use land value taxes or property taxes. These taxes encourage efficient use of land and makes land more affordable to citizens. Make these taxes progressive with a citizen dividend. Property taxes are supported by most all classical liberals, including people like Thomas Jefferson, and modern day conservatives like Milton Friedman and David Nolan. States like New Hampshire are funded strictly on property taxes.
5. Implement progressive taxes on the monopolization of capital and usury. Small business should not be taxed. Large corporations should be taxed. Banks should also be taxed.
All you losers crying about your min wage jobs are pathetic. It’s not my fault or the worlds that your a bunch of stupid scrubs that can’t get a real paying job. I made 73,000 last year and busted my a## to make it. There will always be winners and losers in this world and all you broke a## crybabies are losers face it.
Spoken like a true eleven year-old with a mental deficit.
I’ve written an article as a response describing the problem and various feasible solutions which would help.
http://libertyrevival.wordpress.com/2011/07/20/fixing-the-economy-tax-the-crooks-and-liars/
Well, It’s a shame to have to read the stories of all these people that are suffering. I am now 68,. I have had heart stents put in, and I developed cancer 3 years ago. I have 6 children. all are gone except for a 16 year old. I,at one time, owned 13 restaraunts. I made lots of money. I put my children thru school. I worked just like everyone else that wanted to get ahead and do better in our world of today. MY only bad habit was to spend all that I earned, knowing that someday everything would probaly come tumbleing down.I blame myself for my mistakes in life.What I won’t do ,is feel sorry for myself. I will keep going as long as the good Lord lets me.Sometimes I cry, when I am alone, thinking of what my children and grand children will have to endure in the future when I am gone.My advice to all those suffering is for you to keep fighting to stay alive and take care of the ones you love. Do your best, and by all means,have GOD in your heart. Now ,I know you will call me a religious freak,and that is your right. BUT, it won’t bother me what you think. I will now tell you what my biggest fight is at this time of my life.I will not blame those individuels who voted for Obama. I will only blame those that voted for this man without knowing or seeing that he was a fraud. There are those of you that still believe this fool.So the next time you vote ,think about what is happening in our country today and think about who is the present person in our government today,that is causeing this to happen. Don’t go back and blame other presidents for what is happening today. What more can We lose by trying someone else. MAY GOD BLESS ALL AMERICANS and I wish you well.
I fell so bad for all the people that had faith in our Goverment.we all have been taken for fools.all I can say is that we better prepare for what is coming ,because we will all have to help each other.there are so many people that are not seeing what is happening.my family and I are saving food and gardening.I wiill have chickens and other animals soon.anyone who has awell will need a hand pump when the electric goes.good luck I pray that we will smart enough to take care of ourself and anyone that needs our help.I love you all.
Migrating to africa
Iam sorry to say this but your companies are moving to africa.kfc,monstanto,cargill and many others.the reason is because labour is cheap here.you can employ a labourer for 100dollars a month. Globalization is the word. So guys,pack up and move to africa.you can leave on 300dollars per month.
Goodluck…