Bubbles,
Scams, and Energy,
America’s Permanent Direction?
DYI: Today’s world elite’s – financial
planner controller’s owners for all phases of the financial sphere to the likes
of investment banks, commercial banks, and institutional investors, handing
down macroeconomic policy handled by world wide central banks and their
respective Treasury departments. Today’s
CEO’s of major corporations 1st priority is financial strategy relegating
the backseat to industrial policy, labor relations or sales. Today’s CEO no matter his or hers industry
number task above all else is everything financial. Pumping up their stock price by using
earnings or borrowings, aggressive mergers and acquisitions, rearranging debts with
bond holders, AND moving corporate domiciles with their profits to tax haven
countries all of this expended energy and money has all come at the expense of
R&D rather than expanding production all leading to downsizing of
operations thus a creation of structural
long term unemployment.
This
primarily began in the 1970’s moving briskly in the 80’s and then in the 90’s
at light speed culminating by the year 2000.
Since then despite a roller coaster ride prices have soared for stocks,
bonds, and real estate as real wages have eroded along with never ending
structural unemployment as corporations have ruthlessly downsized their
operations [moving to Mexico, China, and other foreign lands]. During normal business cycles of the past
after an economic downturn employment, wages and later consumer prices
rose. Not today as price gains are
within the sphere of stocks, bonds, and real estate that has caused a class war
between asset holders and the common man to a level greater than the notorious
Gilded Age.
Monopolies,
trade collusion [medical industrial complex] and the FIRE [Finance, Insurance,
Real estate] economy that has now chewed up the common man’s budget as exampled
here in the United States. They are no
longer able to compete in economy with a sky high monthly break-even as shown
below.
- Rent
or home ownership costs: 40%
- FICA
wage withholding: 15%
- Debt
Service (Credit Cards, Student loans, health care, etc.)
15% plus
- Taxes
– Income and sales taxes: 15%
- TOTAL: 85%
Is
it any wonder why large numbers of Millennials remain living with their parents
despite many who are now in their 30’s, postponing marriage out of necessity
that has dropped our birth rate below replacement pushing even further future
pressure on intergenerational social Security and Medicare social programs.
This
has international effects from the massive debt burden countries of Europe all
causing debt deflation [austerity] along with rent extraction to the likes of
selling off government projects [utilities, roads, railways etc.] to fund their
indebtedness creating long term rent extraction that was once paid at cost or subsidized
thus lowing costs for the common man.
This debt deflation is shrinking the general economy [along with the
U.S.] forcing emigration as portions of their populous tries their luck
elsewhere. Currently today emigration to
foreign lands is a trickle for Americans however as the pressure builds the
upcoming Z generation will begin the exodus to the likes of Europe.
Politically
here in the States and Europe power has shifted from democratically elected
governments to the elite owned/controlled mega sized international banks and
their financial cousin’s institutions either directly through the EU or here in
the States through the use of bribes [campaign monies] AND by controlling our
Intelligence Services all for their benefit.
Their strategy is akin to the Kings who owned everything by privatizing
public enterprises scale back their versions of Social Security, pension plans,
health insurance, and other social programs.
Scams
In
the basket of tricks the elites use is outright scams. These so called mass shootings such as Sandy
Hook, Las Vegas, Marjory Stoneman Douglas High School and so many more are all
fake. DHS FEMA drills promoted as real;
nobody shot; nobody killed or wounded promoted as real by the CIA controlled
main stream media all to promote fear.
This
is the classic psychological operation designed to create a PROBLEM thus a
REACTION from the populous demanding that something be done, providing the
SOLUTION that was already in place.
PROBLEM – REACTION – SOLUTION is the hallmark of a psychological operation
for the basis of a scam. Today’s school
districts are now being besieged by salespersons all selling security programs. These include bullet resistant windows, CCTV
networks, metal detectors, scanners, and an assorted security services. There are 94,500 plus public schools and
5,430 universities/colleges/community colleges many with multiple buildings.
This
is big business who get the THRILL of increased revenues/profits and we the
taxpayer get the BILL! Totally
unnecessary, the fear from the Mom’s and Dad’s that something must be done
pushes the scam forward. For those who
see through the scam they are belittled and scorned by remarks to the likes of “Why
are you against child safety?”
Add
on the burden of net energy decline that I wrote about in the prior post. As American’s unless we as a nation reign in
elites/bankers/monopolies and forthrightly with energy over the coming decades
will end up as serfs working for the King in a third world hell hole. Sorry to be so negative but this is the
direction we’ve been on since the 1970’s.
Till
Next Time…
DYI