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CitiGroup recently released a series of confidential reports to its wealthiest clients. One of them is entitled (get this) "The Plutonomy Symposium: A Rising Tides Lifts All Yachts". This series of insider reports describes the state of the "new economy" in America. These reports were "accidentally" leaked to the public-at-large, likely by some patriotic whistle-blower within their ranks. Basically it says that the lower 99% of us don't matter anymore because all of the wealth and spending power is now concentrated in the richest 1%. Officially, in their eyes (and in Congress' eyes by extension since it's bought and paid for by this group of jackals) you and I are now irrelevant in the scheme of things. No need to track our spending habits and savings since we don't spend and don't save. We're too busy struggling just to put food on the table, keep a roof over our heads and a coal in the fireplace.
Hope you enjoy bad news because that's all you're going to be seeing from now on.
But, I guess it takes a bit of time for people to catch up to reality.
Kind of sickening, isn't it? But hey, according to some people, you have to be rich to create jobs. The rest of us are simply treacherous cretins.
You're right. It's the first thing mentioned in an article entitled, "Can the Middle Class be Saved" and there it is---October 2005. I totally glossed over that.
You're right. It's the first thing mentioned in an article entitled, "Can the Middle Class be Saved" and there it is---October 2005. I totally glossed over that.
For the plutocracy, a gimped government is just as good as a bought and paid for one. Business will go an usual. Actually a severely limited government that is advocated in some quarters is cheaper because they don't have to pay off those elected officials anymore. No one is arguing how to make government work for the average joe anymore. In fact the MSM has nicely packaged the average joe as a parasitic scumbag that is living off the fat of others. There is class warfare all right, but its the middle against the middle and the middle against the poor. Its a darn shame. Obama and the dems are just a much a shill for the same guys as Boehner and the repubs. Its an illusion of choice and that's the way plutocrats like it. The plutocrats are united in purpose. Unfortunately the rest of us aren't.
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It's the first thing mentioned in an article entitled, "Can the Middle Class be Saved" and there it is---October 2005. I totally glossed over that. 
