- 61% of Americans live paycheck to paycheck. Up from 49% in 2008, 43% in 2007.
- 43% of Americans have less than $10,000 saved for retirement.
- For the first time in history, banks own a greater share of residential housing net worth than all individual Americans combined.
- 21% of all children in the United States are living below the poverty line.
- 83% of all U.S. Stocks are in the hands of 1% of the people.
- In 1950, the ratio of the average executive's paycheck to the average worker's paycheck was about 30 to 1. Since the year 2000, that ratio has exploded to between 300 to 500 to 1.
- 40% of Americans who are employed work in service jobs.
Make no mistake about it, this IS a class war.
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| photo by Mr. Charleston |
Thomas Jefferson said in 1802:
I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property - until their children wake-up homeless on the continent their fathers conquered.
Yeah, it is a class war and there doesn't seem to be much we can do about it. The people we elect to government are in the back pockets of the elite.
ReplyDeleteThe internet and social media are our best bet Sherry. But we had better move quickly or the bastards will soon have them shut down.
ReplyDeleteWhat strikes me most is the shamelessness of our leaders, when they tell us to sit down and shut up.
ReplyDeleteNo shit.
ReplyDeleteThis is the post I was too enervated to write this week.
ReplyDeleteyou hit the nail squarely on the head; I know I'm only a paycheck from the street myself. Its scary these times we are living in. Frankly its really not living, it just surviving.
ReplyDeleteNance, I knew that when I visited your place.
ReplyDeleteBella, me too. It is scary.
What will it take? Seeing as 3 divisions of the 3rd army are on permanent deployment to NorCom for use in case of natural disaster or civil unrest I would say that whatever it takes Obama is ready. (Bush put them in place-Obama made it a permanent duty station) They are now stationed in Alabama for use within the borders of the United States.
ReplyDeleteThe wealthy are not afraid of you, them, or us, they already have us enslaved and now they have the overseers in place to keep it that way. Make no noise reap no trouble.
Going on what Sherry said it's only "class war" when the middle and working classes fight back, any other time the Wall Street types think everything peachy keen.
ReplyDeleteExcuse the blatant self-promotion but my current post touches on this very subject.
The banks and oil companies have us by the short hairs.
ReplyDeleteWe produce nothing.
Our politicians are paid for.
The Supreme Court is the most corrupt institution in the country.
What walking man says.
We are fucked, pal. Make no mistake about it.
It can't last. The greed and corruption will eat itself from the inside out. Those pols and bankers are screwing themselves while they screw everyone else.
ReplyDeleteSadly, Canada is in the same boat with our own gutless led by the nose pols.
We are in a definite hurt sack. What happens when this country defaults in just over a month? I lose my job, my husband loses his retirement, my parents lose their income. And who has an emergency fund anymore? When everyone else was losing their homes, I was taking vacations (ok, long weekends, 2 counties away), but then my husband was out of work, my son was out of work. We are the middle of the middle class, and I am guessing that we may be at the top of the poor heap in less than a year. They are now both working part time, but if my son gets sick? BOOM! We are toast. (Allegedly TriCare is not required to cover those still living at home over the age of 21!)
ReplyDeleteWe ARE in deep doo doo. And yet people think Michelle Bachmann can run this country! Nuff said!
I would like to think that a popular uprising here would be much like Egypt, where the army refused to fire on their own people. But we have ample proof to the contrary in Kent State and the WWI veterans protests.
ReplyDelete