Archive for November, 2014

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All you need to know is this; corporate profits are at record highs, and wages are still going down down down. The markets in goods, services and labor have been fixed by the economic royalists via their financial control of the plutocrats in the US government, such as Wall Street Senator Ron Wyden and Wall Street/Big Oil Senator Mitch McConnell. These two have sponsored a large number of government legislation that redistributes income from the 99 to the 1 percent, and that is precisely why corporate profits are at historic highs during several years of depressed demand while real wages are heading down the toilet. It’s called government corruption; it’s called a rigged game.

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United States Senator Bernie Sanders is considering a run for US president.

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Overall, the USA rates 75th highest in the world in income inequality, just behind Ghana and Turkmenistan, but ahead of Senegal, Thailand and Zambia, although only nine nations are compared in the graph above. Those are industrialized nations in the graph. Naturally, among those nine the USA is dead last. Why is the USA last among those industrialized nations?

Liars of the corporate news media and their pundits will tell you it is because of technology and automation, as if China, Germany, Sweden and other nations in the graph above don’t have the exact same issues. They do. Yet income inequality in those nations are far less than in the USA.

As you can see from the graph, severe income mal-distribution peaked just before the Great Depression in the USA. That mal-distribution caused the Depression because it weakened the demand for goods and services by the 99 percent.

You can see that a  massive rise  in mal-distribution began in the USA with the so-called Reagan Revolution, which was essentially, something of a coup since the 1 percent essentially stole control of the US government via treason. See The Real October Surprise Really Happened–Christian Science Monitor .

The 1 percent took complete control over the corporate news media around the same time, and sold us a ton of lies, such as trickle down economics, which redistributed income from the 99 to the 1 percent and gave more money to the 1 percent with which they corrupted government. The government redistributed income by signing free trade treaties and other legislation that allowed the 1 percent to ship jobs overseas, and pocket the difference between the higher old wages and the new lower wages.

The press continues to lie to us about a number of things. One of them is that our biggest trade deficit is with the nation of China. No it is not! Our biggest trade deficit is with US corporations as a whole that ship jobs overseas, or create them there which they would otherwise not be able to do without these corporate trade treaties. US corporations also hire foreign contractors and or sub-contractors to manufacture goods and services, rather than US contractors and subcontractors, thanks to these so-called trade treaties. In all of these cases, goods and services are exported to the United States from foreign nations by US corporations such as Apple, Microsoft, General Motors, General Electric, Fannie Mae (call centers in India and Pakistan), Capital One, and many others. The result is a massive United States trade deficit. This is the primary conduit through which income is redistributed from the 99 to the 1 percent.

Wall Street President Barack Obama plans to increase income and wealth inequality in the USA through the Trans Pacific Partnership, the largest income redistribution treaty of all time. Incoming Wall Street Senate Majority Leader Mitch McConnell is completely with the president on this scam. So is Democratic Liberal Wall Street Senator Ron Wyden. The game is completely rigged against the 99 percent, but the fight’s not over.

In other words, income inequality has been brought about by an inequality of political power in government and in both major political parties.

We can stop the madness. There are a great many Democrats in congress who want to get reelected, and so a few simple phone calls by a large number of constituents can sway them. The same is true of many Tea Party Republican members of the US House. Call them and protest. Let you voices be heard. Let them know you’ve had enough of these income redistribution scams.

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It all began with the Lewis Powell memo in 1971, which served as the battle plan for conservatives to wipe out democracy for the 100 percent. One of those things mentioned was to divide and conquer, and so the one percent began to divide us along social issues starting with Roe vs. Wade, so that they could take our attention away from legislation that robbed all of us, and redistributed our income and wealth to the 1 percent. The US slide from greatness began with President Ronald Reagan and his tax cuts for the rich, deregulation, and masses of other things that redistributed income from the 99 to the 1 percent. By 1988, the Republican party was a servant solely of corporate interests. By 1996, the corporate takeover of the Democratic party was mostly complete. By 2000, the US government was totally corrupt, and becoming more corrupted by big money, thanks to those tax cuts for the rich. Divide and conquer took the 1 percent a long way while impoverishing the rest of us. The 1 percent divided us in a thousand different ways;

* 1 vs. 99 percent
* Red state vs. Blue state
* abortion vs. anti-abortion
* gun rights vs. anti-gun rights
* rich vs. poor
* middle class vs. poor
* supporters of war vs. anti-war protesters
* undocumented immigrant vs. citizens
* GMO farmers vs. organic farmers
* labor union vs. anti-labor union
* black vs. white
* Hispanic vs. black
* etc, etc, etc….

The corporate press played it all up, played us like fools, smeared and engulfed us with division, until it drove division into our very soul of what and who we are as a nation. Rarely did the news media mention those things that each citizen had and have in common with each other, and that was because such issues weren’t in the plan. The plan was divide and conquer. They stuck with the plan. It worked. Now we on stand along the cliff of an economic and social disaster not far away.

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