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Page added on July 29, 2013
The Final Breath Of The US Economy
As expected, the final breath of the United States economy will not be one heard by citizens of the world. Instead, the colossal gap between the ultra rich and the ultra poor will expand both drastically yet quietly, ultimately swallowing up any assertion of recovery lest radical changes are imposed.
But even with radical changes, it seems that the United States economy is now an automobile with virtually all of the key components gutted underneath the hood by the banking mafia. Right now the rusty automobile that is the United States has 3 flat tires, a missing engine, taped up windows, and is being pushed down the freeway by the dwindling workforce — and they’re getting quite tired of pushing this dying vessel with no end in sight.
Add that in with the new report that reveals 4 out of 5 adults face joblessness or poverty for at least a portion of their lives, and we really see to that the financial assault on the engine of the United States automobile truly requires immediate repairs. The kind of repairs that involve firing the mega banks that generate 83 billion dollars a year thanks to taxpayers on record. Funds they use, by the way, to fund Mexican drug cartels and terror cells within the US. After all, they need to finance the highly profitable drug trade in order to maximize their profits.
These are the kind of financial repairs that will never happen short of a major intellectual revolution taking this country by storm.
What’s amazing to me is that even when we read the reports like the one I’m about to cover, the media still says we are ‘coming out of a recession’, or that we are ‘recovering’ right now thanks to bailouts and other laughable assertions.
FORGET BIG BROTHER, HELLO BIG DADDY GOVERNMENT
This new survey as covered by The Associated Press and therefore syndicated around the globe finds that for at least part of their lives, 4 out of 5 Americans are facing unemployment, near-poverty, and reliance on welfare. That’s not 1/3, and it’s not even 1/2. A whopping 4/5 United States citizens are facing near-poverty circumstances and unemployment for at least a part of their lives (which of course means it could also include their entire lives). This not only affects quality of life of course, but it also sends the entire society into a downward spiral.
Now, amid economic collapse, we don’t simply turn to Big Brother to keep us safe from terrorists and spy on our communication. No, Big Daddy is the new form of government — and Big Daddy is here to hep the millions facing poverty via government assistance. Dependence upon government is at all time highs, and it’s only going to get worse. As the stats get worse on the economy, the government gets larger and the reliance upon government grows.
Am I criticizing the single mothers on food stamps? No, I’m criticizing the government system that creates the problem in the first place and then offers itself as the answer. Big Daddy is here.
Here are some of the effects documented in the survey as a result of our collapsing economy that has been taken to the cleaners by bankers making billions off of the hard working citizens who now pay the price:
- Single mothers are living in poverty and relying on government welfare. The Associated Press and the survey really like to throw race into all of these stats, so I will be including that when referencing the stats, but of course the bottom line here is that millions of single mothers are now relying on Big Daddy government. From the survey stats, white and black single-mother families in poverty has hit 1.5 million as of 2011. Hispanic single-mother families came in at 1.2 million.
- More children living in poverty. Around 1 in 10 children now live in dangerous and poverty-stricken neighborhoods, with 17% of white children, 37% of black children, and 38% of Latino children living in these areas.
- Teen pregnancy, school dropouts. As a result of increased childhood poverty, more children are dropping out of school, having teen pregnancies, and subsequently getting involved in the illegal drug trade (that the mega banks are funding).
So what can we do? Well, the only answer is a complete 180 on what’s happening right now with the real economy. No more corporate control of the political realm, no more banking mafia, no more ‘Federal’ Reserve. Essentially a complete turnaround from what the political syndicate has been defending for multiple decades. But when it comes to you and your family, it’s essential to understand that we aren’t ‘recovering’ from a recession. Obama, the face of the Big Daddy government, isn’t going to bail you out.
It’s time to understand that we must still intellectually fight for revolution in this country through spreading information, but at the same time we can protect ourselves by understanding where we stand. The economy is releasing its last breath, and you better be sure your future isn’t resting upon the stocks, bonds, and paper dollars it’s bringing with it to the grave.
11 Comments on "The Final Breath Of The US Economy"
BillT on Mon, 29th Jul 2013 12:01 pm
Won’t happen. Those days are long gone along with a backbone and intelligence. The West is a 3rd world in drag. Nothing more.
TIKIMAN on Mon, 29th Jul 2013 12:06 pm
This is why all of you who post on this site start storing food, water, medical supplies, and AMMO. The day the trucks stop rolling in, is the day the world changes forever.
Who will be called the crazy people then…
dave thompson on Mon, 29th Jul 2013 12:31 pm
Big daddy food stamps and welfare seem to be the theme of this song. Poor people unite? “The economy is releasing its last breath, and you better be sure your future isn’t resting upon the stocks, bonds, and paper dollars it’s bringing with it to the grave.” Do poor people worry about stocks and bonds?
GregT on Mon, 29th Jul 2013 2:22 pm
” Do poor people worry about stocks and bonds?”
No, it is the middle class that have their retirement savings in stocks and bonds and cash, and as this mess unfolds, it is the middle class that will be joining the ranks of the poor.
PrestonSturges on Mon, 29th Jul 2013 4:01 pm
>>Who will be called the crazy people then…
Spoiler alert – having lot of guns doesn’t prove someone isn’t crazy, it just makes someone a heavily armed lunatic. That being said, I’m fairly well armed.
James A. Hellams on Mon, 29th Jul 2013 5:13 pm
That the economy is going to get much worse, and may be breathing its last: is not new to me.
I knew the economy was in peril as early as 1973. Now, 40 years have come and gone. The situation is now very grave.
In 1973, we had the Arab oil embargo. This held a mirror to our faces; and told us to change our transportation paradigm. This we never did. When the Arabs turned on the valves again, and started the flow of oil again; we stupidly went back to making matters worse by increasing the disastrous paradigm that existed before the embargo. This paradigm is the continuing making us increasingly dependent on aviation and highway transportation; and killing off the rail services we had, instead of the reverse of this.
Folks, rail transportation is the most energy efficient, and at the same time; the most energy alternative means of transportation we have.
I submit that the truest barometer of if we can economically survive; is the way we regard rail service. If we continue to trash our rail service, and continue to cater to the aviation and highway interests that we are doing today; that there is NO way that the economy will survive.
You cannot have an economy that will continue to survive without making rail transportation the PRIME mover of people and goods!
IanC on Mon, 29th Jul 2013 7:08 pm
I don’t buy it. We in the US have SO FAR to fall. Sure it’ll be a “disaster” when our retirement savings evaporate, can’t afford college, etc. This is a far cry, however from the situation in Mali, India, or even Mexico – aka true disasters.
I’m just saying that any diminishment of one’s current situation is undesirable, but it’s all relative to where you start out.
GregT on Mon, 29th Jul 2013 7:51 pm
IanC,
Agreed, it is all relative to where you start out.
Mali, India, and Mexico, have no where near as far to fall. Which is why the crash will be much easier in those countries. They don’t have as much to lose, and won’t see as much of a difference in their standards of living.
Those of us living in the ‘first’ world are in for a huge awakening. The psychological impact itself, will be devasting for many people.
BillT on Tue, 30th Jul 2013 1:36 am
IanC, how much would your life change if you had to live on ~$10 per day? That is the wages of the laborers building the condo tower next door. And, they pay a 12% VAT tax on most everything they buy so their net is about $8/day. And, they live in shelters or the building itself as they cannot go home at night to their families because of the cost. Think about what the US would (will) be like when you join the ranks of the 3rd world? And, it can happen overnight when the dollar collapses.
Stephen on Tue, 30th Jul 2013 6:02 am
I think it would be possible to turn this around. The easiest way to reverse the wage gap would be for the voters to pass a state law limiting it. For example, pass a law that limits the gap of top paid worker to bottom paid worker within a company to 30 to 1. I hear Japan and some other countries do this. This would prevent CEO wage increases while cutting everyone else’s.
Next, if you make too many workers keep losing pay, etc this could lead to protests like the ones seen in Egypt, Libya, etc. If this mass of a protest erupted across the entire USA, I bet this would sway the politicans.
RICHARD RALPH ROEHL on Tue, 30th Jul 2013 6:37 am
The $tink of rot in the capitalist/fascist economy smells like violent revolution… where Mad Max desperados shall roast a pound of ruling class flesh over the flames of burning mansions. And the children of the ruling class will be especially tasty.