At last, I had space, a breather before bed to read and reflect on this
article. Thank you. Two things jumped out at me:
1.
Middle class – We are watching
Wall Street destroy the middle class.
The under-class saps it on one end, and the Wall Street vampires suck
the blood from it on the other end. We
are fast approaching a time when the middle cannot, will not pay to support the
parasites on the bottom and top of the middle.
When and how this anger erupts remains to be seen; it is in the
cards. Look for something similar to the
anger of the middle class in Weimar Germany when the Great Depression hammered
it good and hard. Likely as happened in
Germany, the American middle class will turn toward radical conservative fixes,
not liberal fixes, in a desperate effort to salve its psychological needs for
reclaiming its lost status of yesterday.
2.
Purchasing power – This of course means jobs. It means jobs with wages that keep up with
inflation, the rampant printing of fake money by the gangsters in Washington,
DC and their vampire allies on Wall Street.
We are fast becoming a Third World country, with a wealthy elite 1% and
an impoverished 99% at subsistence level if it is lucky. The destruction of the middle class relates
directly to this crisis of purchasing power.
It is the middle class that provides the new, small business startups to
create more job, new jobs, better jobs.
Kill the middle class and you kill the job-creating engine of the economy. The Wall Street vampires and Washington
gangsters “got theirs” and don’t even know you and I exist. On a trip to Washington, DC some years ago
now, I took the train down from New York City, where I was living at the
time. I hailed a taxi at the Washington,
DC train station. The cab driver
politely engaged me in discussion. He
related how he had come to Washington, DC during the Great Depression out of desperation
for simple survival from West Virginia.
When he arrived, it hit him “right between the eyes” that Washington, DC
did not know a Great Depression even existed, for its standard of living and
perks remained untouched. And so it is
today, sadly.
Each one of us must come to terms with what
is going to happen, is happening. We can
“fight” or “flight.” This writer opts
for “flight” for he believes the system must collapse first before folks can
start to figure out how to put “Humpty Dumpty” back together again. Take care.
No comments:
Post a Comment