Knowledge is power, and the key to dismantling our current dynamic and replacing it with a better one is understanding exactly where we are at.
"After extensive analysis, it is evident that World War III is a war between the richest one-tenth of one percent of the global population and 99.9 percent of humanity. Or, as I have called it, The Economic Elite Vs. The People... US millionaire households now have $38.6 trillion in wealth, plus $6.3 trillion hidden in offshore accounts. They'll see a 225% increase to $87.1 trillion by 2020. To put it in perspective, last year the cost of feeding all 40 million Americans on food stamps was $65 billion... A highly complex and largely discrete set of laws and exemptions from laws has been put in place by those in the uppermost reaches of the US financial system. It allows them to protect and increase their wealth and significantly affect the US political and legislative processes... To further demonstrate how the mega-wealthy have seized control our political process, consider that the richest 400 Americans paid 30% of their income in taxes in 1995, but they now pay only 18%. The cuts in taxes for the mega-wealthy have... led to record wealth inequality and resulted in a record national deficit. Meanwhile, to make up for the deficit that the richest one-tenth of one percent of the population has created, Democrats and Republicans are committed to making draconian budget cuts to vital social services, which target the poor, middle class, elderly and sick, while handing out billions more in corporate welfare annually."
Alas, I can only give you but 1 hat tip..
+1773 for you :)
And I have to say - there are few things I find more irritating today than trying to explain this to a sheep and hearing that I'm a socialist, I don't believe in hard work, or that these people are our best and brightest. How could they think that putting a Hank Reardon Holloween mask on Jamie Dimon is a convincing argument?
Red sheep yelling at blue sheep yelling at red sheep... They'll still be at it when it all falls.
At one point Obama was talking about raising taxes on those who make 250K or more per year. I'm not in favor of that. That hurts too many small business owners. the real job creators. I'd raise taxes on those making 1-3 million or more per year, in that range. Just my 2 cents. And of course, tax revenue is only part of the solution to getting things back on track. You all know that.
that is one hell of a fucking article and book i should think, lets hope he's not right, but prepare anyway.
Bump.. just in case people missed it.
Tried to follow the link and got a website error. That's good news ... It means a LOT of people are reading this.
Dear God, help us all . . .
That article should come by prescription only, that is super-extra-strength Red Pill there son!
One way or another
this darkness got to give
In this edition of Press TV's on the edge with Max Keiser, Max discusses the link between the worker's struggle in Wisconsin and the revolutions in Egypt and Tunisia with the journalist and blogger, David DeGraw. DeGraw believes what we are seeing in Wisconsin, Egypt, Tunisia and all over the world is a decentralized global rebellion against neo-liberal global economic policies. He believes the Federal Reserve, Goldman Sachs, J.P. Morgan, the IMF and the World Bank are the constituents of this destructive force.