In the United States today, there is one group of people that is actually living the American Dream. The ultra-wealthy have seen their incomes absolutely explode over the past three decades. Meanwhile, the U.S. middle class has been steadily declining and the ranks of the poor have been swelling. But this is what always happens when an economy becomes highly centralized. Today, gigantic corporations and “too big to fail” banks totally dominate our economic system. The whole game is rigged. Our system is now designed to funnel wealth away from the bottom 90 percent of the population and into the pockets of the ultra-wealthy. When you allow a handful of giant entities to run everything, it is going to inevitably create a situation where there are a small number of very big winners and a massive amount of losers. In America today, the rich are getting richer and the poor are getting poorer. Yes, there will always be poor people. Yes, those that work really hard and produce something of great value for society should be greatly rewarded. The way that our system should work is that it should empower individuals and small businesses to come up with new ideas, start companies, create jobs and produce massive amounts of new wealth. But instead, the number of small businesses in America is rapidly declining. The giant banks and the giant corporations that run everything are constantly running around stomping all of the “little guys” out of existence. This has created an environment where the rich are constantly getting richer and the poor are constantly getting poorer. (Read More...)
Wealth
15 Statistics Which Prove That The U.S. Economy Is In Much Worse Shape Than Most Americans Think
Yes, most Americans realize that the economy is not doing well right now, but most of them also believe that this is just a “temporary” downturn. The mainstream media tells us over and over that a “recovery” has either already begun or that one is right around the corner. Sadly, the truth is that the U.S. economy is in much worse shape than most Americans think. Yes, there will be economic “peaks and valleys” as we move along, but it is absolutely imperative that all of us understand that we are in the middle of a long-term economic decline that has been caused by decades of horrendous decisions. Thousands of businesses and millions of jobs have left the country and they aren’t coming back. Last year, 23 manufacturing facilities a day were shut down in the United States and we have lost more than 56,000 manufacturing facilities since 2001. Without enough good jobs to go around, millions of American families have lost their homes and millions of American families have been pushed into poverty. Less good jobs also means that there are less people to pay the taxes we need to keep government services going. Government debt at the local, state and federal levels has exploded as the tax base has dwindled. We have become a nation that is very good at consuming wealth but that is not very good at creating wealth. Just “tweaking” a couple of things here or there is not going to get our economy back “on track”. We need fundamental changes to the way that we are doing things, and there are currently no signs that this kind of change is going to happen any time soon. (Read More...)
Corporatism Is Not Capitalism: 7 Things About The Monolithic Predator Corporations That Dominate Our Economy That Every American Should Know
Right now, there is a lot of talk about the evils of “capitalism”. But it is not really accurate to say that we live in a capitalist system. Rather, what we have in the United States today, and what most of the world is living under, is much more accurately described as “corporatism”. Under corporatism, most wealth and power is concentrated in the hands of giant corporations and big government is used as a tool by these corporations to consolidate wealth and power even further. In a corporatist system, the wealth and power of individuals and small businesses is dwarfed by the overwhelming dominance of the corporations. Eventually, the corporations end up owning almost everything and they end up dominating nearly every aspect of society. As you will see below, this very accurately describes the United States of America today. Corporatism is killing this country, and it is not what our founding fathers intended. (Read More...)
15 Examples Of How “The Little Guy” Is Getting Absolutely Killed In America Today
Those without a lot of wealth or a lot of power are getting absolutely killed in America today. The big corporations, the major financial institutions, the ultra-wealthy and those connected to the top levels of government are absolutely thriving even though the economy overall is in shambles. Meanwhile, “the little guy” is being abused, harassed, regulated, taxed and mistreated like never before. In general, the big corporations and the government don’t spend a lot of time tangling with each other. Instead, mostly they seem content with attacking the weak members of the herd (the rest of us). In the United States today, wealth and power have become more concentrated than ever, and the big corporations and the government have figured out thousands of different ways to drain even more wealth and power away from the rest of us. Most of the time, “the little guy” is not even able to fight back. Most Americans have very limited resources and a very limited knowledge of the law. Meanwhile, the “big guys” have almost unlimited resources and can hire huge numbers of lawyers. So what does that mean for the rest of us? Well, it means that until society becomes a lot more just, you better do your best to keep from becoming a target of the “big guys”. (Read More...)
How Globalism Has Destroyed Our Jobs, Businesses And National Wealth In 10 Easy Steps
As most Americans stand around waiting for the U.S. economy to return to “normal”, there is a never ending parade of jobs, businesses and wealth heading out of the United States. The jobs and businesses that are leaving are gone for good and will not be coming back. This is causing unemployment to soar and government debt to skyrocket but our politicians are doing nothing about it. Instead, politicians from both parties keep insisting that they will solve all of our problems if we will just give them our votes. Meanwhile, American families continue to fill up their shopping carts with cheap plastic crap made on the other side of the world. Globalism is slowly destroying the greatest economic machine that the world has ever seen and most Americans don’t even realize it. Today, the U.S. government has surrendered massive amounts of economic sovereignty to global organizations such as the WTO, the IMF and the World Bank. The United States has also entered into a whole host of very damaging “free trade agreements” such as NAFTA that are costing our economy huge numbers of jobs. Our politicians always promised us that globalism would bring us to a new level of prosperity, but instead that “giant sucking sound” that you hear is the sound of the U.S. economy being hollowed out. (Read More...)
America Is Rapidly Bleeding Wealth And Jobs: 28 Statistics About The Gutting Of The U.S. Economy That Will Blow Your Mind
Red alert! Over 40 billion dollars of America’s national wealth is being shipped out of the country every single month. Our economy is being gutted and we are bleeding wealth and we are bleeding jobs. This is a distress call. Is anyone listening? Thousands of our factories and millions of our jobs are being shipped overseas. Over the past decade over 6 trillion dollars have been transferred into the hands of foreigners. Our national government is so broke that they constantly have to go and beg those foreigners to lend us back some of that money in order to finance our exploding debt. The number of good jobs continues to decline and there are millions upon millions of my countrymen that are unemployed. Can anybody help us? Mayday! Mayday! Mayday! (Read More...)
Globalist Shill Barack Obama Asks Business Leaders For Job Creation Ideas Even As He Ships More Of Our Jobs Overseas As Part Of The New One World Economy
The other day, Barack Obama summoned a group of business and labor leaders to the White House and “challenged” them to come up with some great ideas for creating more jobs inside the United States. Meanwhile, Barack Obama is pushing hard for Congress to approve the new free trade agreement with South Korea. This is yet another bad “free trade agreement” in a long string of bad “free trade agreements” that are absolutely gutting the U.S. economy. The truth is that the United States has become a nation which is constantly consuming more while at the same time producing less and less. The gap between the wealth that this nation produces and the wealth that this nation consumes is becoming absolutely astronomical. But instead of fighting for changes that would keep American jobs in America, Barack Obama has allied himself with the multinational corporations that are making huge profits by outsourcing and offshoring our middle class jobs as part of the new one world economy. Our politicians can give speeches until they are blue in the face about how “wonderful” globalism is, but the truth is that it is taking millions of our jobs away and it is ripping the U.S. middle class to shreds. (Read More...)
Recession Over Or Just Beginning? 21 “Oh Crap!” Statistics About The U.S. Economy
Is the recession over or is the economic downturn just beginning? Barack Obama and the Federal Reserve have been busy proclaiming that the U.S. economy is back on track, but the sad truth is that our economic problems look like they are about to get a whole lot worse. Without oil, our entire economy would shut down cold. Thanks to the chaos in the Middle East, oil is absolutely exploding in price. In fact, the price of oil in the United States went up more than seven dollars today. The global price of food has risen to record levels over the past 12 months and it is projected to continue to rapidly increase throughout all of 2011. This is going to hit struggling families all over the globe very hard. Meanwhile, thousands of manufacturing facilities and millions of good jobs continue to flee the United States. The gap between the wealth that we consume as a nation and the wealth that we produce as a nation continues to grow. We have attempted to fill this gap with asset sales and with massive amounts of debt, but that is a game that cannot last forever. When we come to the end of every single month, we are poorer as a nation and we are deeper in debt as a nation. From “sea to shining sea” we have become a nation that is flooded with red ink. (Read More...)