Paul Revere’s fabled “one if by land two if by sea” warning to the citizens of invasion can now be rendered “one if by internet, two if by TV”. His mythic “the British are coming” could now be paraphrased “the bankers are coming”.
The invasion we are experiencing is to our home ownership, financial security, back pay, standard of living, health care, quality of life and ethical standing in the international community. The enemy invasion is from the inside and includes not specifically bankers but all the personality types outlined in my three previous posts (People Who Frighten Me, Scary People All Rolled Into One, and Getting Poorer by the Day).
Sometime during the Reagan Administration it seemed as if the empire had consumed all of its major components and everyone of importance had signed on. This included the government, business, the military and the media. All of the power and wealth of the US was going in the same direction. With the unions made ineffectual and the two party system unified in its support of the aspirations for military and economic global hegemony, it appeared that nothing stood in the way of the most grandiose of plans.
The official announcement of the empire’s global aspirations came with George Bush I proclamation of his vision of a New World Order. His “thousand points of light” mystical rhetoric had some people misinterpret him to be inferring that we were heading towards building a balanced global community. The phrasing of New World Order was not a mistake and the goal of a hierarchical global state run by a small band of military/financial leaders began to quickly take shape.
Yet, a New World Order on a global scale becomes difficult when a great disparity of wealth exists amongst the labor pool. The economic disparity was supposed to be between the small sliver of forgers of the New World Order and the billions of people they hold dominion over. The dream of a global World Order would have to wait until the workers of all nations had the same basic standard of living and wealth.
In order for the global masses to be of the same economic and social class, the wages and standard of living of people living in the emerging and third world nations needed to catch up to those living in the industrial states. Yet, for these nations to catch up to the standard of living of the US and European middle class would take decades, and this also would cut into the lavish wealth of the designers of the New World Order.
In order to preserve and expand the wealth of the few and shorten the process of having the workers of all nations have a similar standard of living it became necessary for the US to begin dismantling the middle class of itself and its European allies. Since the 80’s one can notice a severe and geometrically progressing growth in the disparity between the wealthy and the common man. Each year the ranks of the wealthy shrink and those of the poor swell, as a higher percentage of wealth is held by fewer and fewer hands.
Even though it became relatively obvious to me in the 80’s that the American middle class had become the target of the wealthy power structure, the seeds were planted far earlier. Since the Red Scare of the 50’s one could see the partnership of government, intelligence agencies, and corporate and financial elite becoming stronger and more organized. The front and disinformation groups used to create instability abroad came home to win public support for empire building through fear and patriotism.
Globalism a Prequel
The great onslaught of social change fostered through the peace, civil rights, workers, women’s, ecological and student movements were sidetracked and demonized by a slew of bogus front groups, disinformation networks, and unrelenting media attacks. These groups lost their focus, were infiltrated, and sold on false agendas by well crafted public perceptual management campaigns the likes the world had never previously seen.
Almost every movement lost much of its unity through the emergence of extremist splinter groups, and from the deaths and murders of many of their most valuable leaders and icons. Influential factions of movements were bought out, corrupted and pitted against each other with impressive consistency.
The change of focus in the Women’s Movement was particularly glaring. What started out as a quality of life and consciousness raising movement designed to free not only women, but to insure the rights of all people, was quickly transformed into a movement mainly concerned with jobs and equal pay, thereby creating a divisive competition between men and women. Even if one were to minimize the role of the CIA in the funding and patronage of Gloria Steinem and other key figures and publications in the Women’s movement, one would still have to figure some outside influences helped guide the movement away from non-commercial issues.
While most of the movements lost their soul and became about the prestige of gross materialism and consumerism, none had a more dramatic effect on society than the Women’s movement. The economic elite not only killed the integrity of the movements but found a way to use them in their grand plan for global economy where few own almost everything. In a matter of years after the Women’s movement became about pay and jobs the government and financial elite had restructured society in such a way that a two income family had a standard of living only slightly above the one income family of a decade prior. Now, for most American’s two paycheck families actually are financially worse off than the one paycheck family of the 50’s and 60’s.
The Attack Gets Personal
Over the last decade in particular you can see the increasingly organized systematic extraction of wealth and assets from the American and European middle class occurring with great alacrity. This is being accomplished by a middle class being squeezed by high interest rates on credit cards from above while not being able to save money from below with interest rates hovering near zero for the last decade. Couple this with stagnation or regression in wages occurring at the same time as jumps in food and energy costs and you have a middle class struggling to survive. The situation becomes dire when you add the fact that most middle class individuals are mired in debt and with a growing percent of people losing or in danger of losing their homes.
Even in the late 90’s I began to fear that debt accumulation was being used as a tool to dismantle the US and European middle classes and I developed a few theories of how this would get played out. In a previous post “The Debt Endgame: A Theory” I wrote the following:
Whether this debt situation was by accident or design the question became what does a society do when its citizens carry unserviceable debt? The lending policies of the US, the World Bank and the IMF have often put developing nations into the same scenario that the US consumer now finds itself in. What did the US do when debtor nations became overwhelmed in debt?
The short answer is that the above agencies usually found a way to cut a deal allowing a portion or all of the debt of a developing nation to be pardoned. Usually this process involved an exchange in which debt was forgiven for ownership or assets and resources. The US government or US corporations usually became the owners of resources like oil, or cash crops such as bananas or coffee in return for a release from debt.
The essay goes on to pose how house foreclosures, bankruptcy and unserviceable debt could be used as tools to repossess almost all assets and have people accept deep cuts in pay in exchange for forgiving some of their debt. In this way the success of the World Bank and IMF in gaining ownership and control of assets could be replicated in dismantling the middle class and ushering in the age of the New World Order.
When I first came across these ideas I shared them friends and acquaintances who generally felt that I was giving the elite too much credit in their organization and objectives. Even though I too shared some of their doubts regarding how it would all play out, I felt it a little naive to think that the richest and most ambitious were not devoting themselves to maximize their interests.
In my previous post Getting Poorer By The Day I mentioned how I felt relatively safe and well positioned due to the fact that I had no debt and that I was on schedule to reach to retirement goals. Yet, though I anticipated the stock market crash of 2008 and the housing and debt debacle I did not see how I was still vulnerable to be a victim of the ambitions of the architects of the New World Order.
First, I did not realize how difficult it would become to save money in a prolonged no interest environment. Second, I didn’t fully appreciate how difficult it would be to make money in the volatile stock market. Three, I did not realize how quickly living expenses would catch up to our stagnant wages making savings a more rare accomplishment. All of these misconceptions were based on the fact that I had anticipated the market rally to be shorter and that a deflationary depression was imminent (I still believe deflation is inevitable).
Yet, what I really didn’t see coming is the additional means that the ambitious New World Order crowd were going to use to destroy the middle class and extract almost all residual wealth. I had no idea that they were not going to stop until they drained my and almost any non-elite savings until they owned and controlled almost all assets.
The Globalist Snowball Gains Momentum
Here are some of the actions and proposals which are making me nervous. In the two previous posts I mentioned the bill gaining momentum which would place a 15% tax on all retirement plans. Second I also discussed how the massive printing of money (liquidity) makes all those who don’t get bailouts or free loans poorer by reducing the purchase power of money while transferring trillions of dollars into the hands of a privileged few.
During the so called financial crisis the Federal Reserve secretly printed and handed out 9 trillion dollars. Six trillion of it went to just three institutions and near 8 trillion of it went to just six institutions. It is impossible to fathom 9 trillion dollars and how much it dilutes our money supply, and thereby erodes each and every taxpayer of what little wealth they have.
Nine trillion dollars comes out to about $30,000 per person in the US. In the US 50% of US households make less than $50,000 a year, and the average household has 2.59 people in it. This means that the average households fair share of the printed money was about $80,0000. If your household, as did almost everyone’s, got no money than you actually got substantially poorer as all this money found its way into a few well manicured hands.
The disparity of wealth is reaching an unfathomable stratosphere. The majority of us standing pat are getting passed by and becoming increasingly impoverished by the day. The middle class is far from the middle. In the vast sea of wealth the middle class now hovers a few feet from the ocean floor and are sinking daily. The big fish that swim at the seas top are few and becoming fewer. The ocean and all its bounty is there’s to do what they wish.
The latest threat of a government shutdown and its debate have unearthed some more details on the unfolding assault on the American middle class. First, the rhetoric surrounding plans to raid social security and other entitlement programs has reached a fevered pitch. On two consecutive days I read articles saying that the IMF and Bill Gross of PIMCO stating an absolute necessity of the government cutting back all entitlements by 35%. The IMF also advised that tax rates of the middle class needed to be substantially raised (near 25%).
What is being said here is that our government has no choice but to not give us back the money they owe us which they took out of our paychecks. We are being told that they must renege on their promise to give us back the 16% they took out to provide a safety net for our future. Likewise, those of us with retirement plans could lose a substantial portion to immediate taxes and an even larger portion may have to vanish because of corporate mismanagement of our retirement funds. The bill proposals getting the most air time during the debt ceiling debate focused on the possibility of raising taxes on the middle class while lowering the taxes of the top tier.
Our attention was drawn away from the realities of where we are heading by the silly prospect of a government shut down being caused by ideological differences over how to cut between 30 to 40 billion dollars from the budget. The debated proposed budget cuts were a less than 5% of what needs to be cut just to keep us from running up more national debt. Well, actually that only tends to averting adding to our yearly debt, but still wouldn’t tend to the interest accruing on our national debt.
The debate was little more than diversionary theater designed to have the politicians look like they were defending their principle’s, by fighting the good fight. Republican’s voted in for reform were attacking supposed liberal programs and causes, and Democrats were posing themselves as defending the personal freedoms of women and the elderly. The Republicans were trying to stop the spending and strike a blow for righteous morality, and the Democrats were making sure the poor and vulnerable were protected.
I’m pretty sure the bulk of the debate centered on how to keep the status quo while appearing to be bold and radical. The true deal forged had more to due with public perception and little to do with substance. The deal reached was a way for both parties to save face with their voters by appearing to fight for their best interests and in the end making the minimal amount of concessions to prevent the “disaster” of a government shut down. One politician called the highly dramatic 11th hour deal “historic”, I think it more accurately could be labeled “histrionic”.
While taxing the middle class and taking away services for the poor are “on the table” and in the spotlight, the big ticket items that could actually have a positive impact on balancing the budget and reducing our national debt are off limits. If the agenda were about stimulating the economy and reducing our national debt than we would be talking about taxing corporations and the wealthy, creating real job programs and reducing our military budget. If we wanted to help restore and rejuvenate the US middle class than we would be talking about either stop the printing of additional money, or making sure that all printed monies go to the poor and the middle class and not a penny to the financial elite.
Globalism and the Land of the Greed
Our politicians are fond of saying that America is a special place and American’s are special people. We are beacons of freedom and opportunity for the entire globe. We are the globe’s moral leaders and without our guidance the flame of freedom and human dignity would surely go out.
Yet, how can rectify the view of our being the land of free and good people with the fact that we lead the world in incarceration, and that we imprison a larger percentage of our populace than any nation on the planet. We lead the world in the percentage of non-violent criminals being imprisoned. How is that freedom, how is that a recognition of the world’s most moral and good citizens?
If we lived up to our words regarding freedom, human rights, equality and national sovereignty we could balance our budget without any need to deny workers what they have earned and promised or take away services from the poor and sickly. We are not a poor nation, only a nation with policies and priorities which have a few own and control almost everyone and everything.
Through taxing corporations, and the wealthy, cutting back military expenditures, and having prisons house only those that are truly a threat to the welfare of others we could quickly balance the budget and significantly reduce national and global debt. Yet, without doing these things the road we are on will not be reversed.
We are on the road to a globalism based on disparity and dominion. The people of my recent post Scary People All Rolled Into One, are in charge and will not stop until they own everything and everyone. Yet, their final vision will not happen without our tacit consent or loyal support.
I always thought I could stay away from the fray
Carve out a safe space and stay out of their way
Now I’m not so sure, due to what is happening today
Yet I’m always waiting to listen to what you have to say
Jim Guido