Monday, December 14, 2015

COLLAPSE of the MIDDLE CLASS - U.S. Middle Class Declining & No Longer A Majority







 
Once upon a time, middle class households took home 62 percent of all income in America. Bernie Sanders says it is in the midst of “a 40-year decline.” Jeb Bush says it is “shrinking.” Ted Cruz says it is “headed in the wrong direction.” And Hillary Clinton says the “basic bargain” that hard work could move families into the middle class “has eroded.” #2 According to the Pew Research Center, the median income of middle class households declined by 4 percent from 2000 to 2014. #5 There are still 900,000 fewer middle class jobs in America than there were when the last recession began, but our population has gotten significantly larger since that time. #7 For the poorest 20 percent of all Americans, median household wealth declined from negative 905 dollars in 2000 to negative 6,029 dollars in 2011.
t was the best of times, it was the worst of times all over again.
“Since 2000, 95 percent of new households in King County have been either rich or poor. A mere 5 percent could be considered middle income.” Being self-employed (i.e. owning your own small business that does not require employees) is an integral part of the American Dream. Many start out dreaming of a corner office in Corporate America, but as they move up the ladder, many become disillusioned by the process and the goal: do I really want to spend my life making big-shots even wealthier?

This raises an interesting question: how many self-employed people in the U.S. actually earn a middle class income? Since all the government statistics have a line at $50,000, and $50,000 might support a minimal middle class lifestyle in areas with a low cost of living, let’s use $50,000 in annual income as our minimum. Only self-employed taxpayers get to deduct half of their healthcare insurance premiums. You have to earn a fair sum to actually afford the sky-high costs of health insurance. We pay $15,300 per year for stripped-down healthcare coverage, which is more than the annual earnings of the bottom 35 million workers in the nation.

Bill Gates announced today that by 2035 there will be almost no poor countries left in the world. More than one-in-five (21 percent) of U.S. Millennial parents is impoverished, with rates of poverty among young Americans expected to expand rapidly as this demographic faces declining wages, vast student debt and an increasing number becoming parents in the coming years. It isn’t easy to earn enough to afford a middle class life via self-employment.Including the professional class, perhaps 3% of the workforce is truly independent.

The Republicans believe that the suffering of poor Americans is not helping the rich enough. Paul Ryan and Mitt Romney are committed to abolishing every program that addresses needs of what Republicans deride as “useless eaters.”

Now, Zero Hedge published a report seconding that with data showing that even that low figure has been fudged, and the that the real rate of homeownership is even lower than previously thought! Middle-class Americans also suffer from intrusions on their liberty and privacy, such as not being able to board an airplane unless they submit to invasive and humiliating searches. Even children and the physically disabled are not safe from the Transposition Security Administration. These assaults are justified by the threat of terrorism, a direct result of our interventionist foreign policy that fosters hatred and resentment of Americans. "middle class" u.s. usa america "united states" money class poverty wealth wealthy assets household house family global dollar usd defined world "minimum wage" humanity salary spending india china debt loan payday "payday loan" "credit card" social society "working class" uk british england "united states" study mortgage childcare average 2015 2016 expenses economy gold silver "savings account" bank "bank account" "elite nwo agenda" coast to coast am demcad jsnip4 rawdogletard montagraph gerald celente david icke lindsey williams louis farrakhan anonymous riots collapse prepper american dream entrepreneur As I write this, the dollar still reigns as the world’s reserve currency. However, there are signs that other economies are moving away from using the dollar as the reserve currency, and this trend will accelerate as the Federal Reserve continues to pump more fiat currency into the economy and as resentment toward our foreign policy grows. Eventually, international investors will lose confidence in the US economy, the dollar will lose its reserve currency status, and the dollar bubble will burst.





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MORE "CAREFULLY PLANNED PUPPET TERRORISTS' ATTACKS" COMING!





 With the U.S. and other countries on high alert for ISIS attacks, American authorities are warning the terror group’s followers may have infiltrated American borders with authentic-looking passports ISIS has printed itself with its own machines, according to an intelligence report obtained by ABC News..
The 17-page Homeland Security Investigations (HSI) Intelligence Report, issued to law enforcement last week, says ISIS likely has been able to print legitimate-looking Syrian passports since taking over the city of Deir ez-Zour last summer, home to a passport office with “boxes of blank passports” and a passport printing machine. Another passport office was located in Raqqa, Syria, which has long been ISIS’s de facto capital..
“Since more than 17 months [have] passed since Raqqa and Deir ez-Zour fell to ISIS, it is possible that individuals from Syria with passports ‘issued’ in these ISIS controlled cities or who had passport blanks, may have traveled to the U.S.,” the report says..
The report notes that the primary source for the information was rated at “moderate confidence,” the second-highest rating given for source assessments. Testifying before lawmakers Wednesday, FBI Director James Comey first publicly revealed the nation’s top security officials’ very real anxiety over the problem..
“The intelligence community is concerned that they [ISIS] have the ability, the capability to manufacture fraudulent passports, which is a concern in any setting,” Comey said..
Former Department of Homeland Security intelligence official and ABC News consultant John Cohen said, “If ISIS has been able to acquire legitimate passports or machines that create legitimate passports, this would represent a major security risk in the United States”..
Fake Syrian passports have already been discovered in Europe, most notably two used by suicide bombers in the horrific terrorist attack on Paris last month. The two men are believed to have slipped into Europe with a flood of Syrian refugees fleeing the violence in their homeland..
According to the source that provided the passport information to homeland security officials, Syria is awash in fake documents..
“The source further stated that fake Syrian passports are so prevalent in Syria that Syrians do not even view possessing them as illegal,” the report says. “The source stated fake Syrian passports can be obtained in Syria for $200 to $400 and that backdated passport stamps to be placed in the passport cost the same”..
The report included one example in which law enforcement officials said that a Syrian passport discovered in Turkey was printed with a designator number indicating it had been printed in an ISIS-controlled area earlier this year..
Recently international news outlets have reported that their journalists have been able to purchase fake Syrian passports for a few thousand dollars..
The DHS report says it is unclear what state the “blank” passports stolen from Deir ez-Zour were in or if they were completely blank. It also notes that the “whereabouts of the passport machine(s) remain fluid,” since the source said they are portable. As of April, the U.S. Department of Defense marked Deir ez-Zour as a “contested” city on its public map of Syria (PDF), versus ISIS-dominated for Raqqa..
The HSI report’s last page contains a warning: “If ISIS ability to produce passports is not controlled, their operations will continue to increase and expand outside of their operational controlled areas”..
Meanwhile, syrian IDs and passports are easily purchased in Turkey to whoever has a little extra cash. A Dutch journalist reported on doing just that back in September, both using pictures of the Dutch prime minister, and for the low price of just $825..
Now police sources in France have confirmed the Syrian passports found in the wake of the Paris attacks are indeed fake:
Syrian passports found near the bodies of two of the suspected Paris attackers were fakes that were likely made in Turkey, police sources in France told Channel 4 News on Sunday..
Greek officials had said on Saturday that one of the two passports was held by someone who had registered as a refugee on the Greek island of Leros on 3 October
Fake Syrian passports have become a valuable commodity in recent months and are freely traded on the black market, as they can help ease the path for non-Syrians to get protection as refugees in Europe..
Fake passports are also helpful to refugees who cannot get proper papers due to the war..
Obama has vowed to take in tens of thousands (if not hundreds of thousands) of “carefully vetted” Syrian refugees, even as governors in more than half the states across the country have vowed to close state borders to them. Wonder how careful that vetting process is…





The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Tim Rifat on the Rense Show December 8th 2015
















Tim Rifat
Tim Rifat

Turan (Tim) Rifat was born in Brighton in 1957. He has a university science degree and another in education. Whilst doing his Ph.D., the author decided he’d had enough of mechanistic science, so for the past 15 years he has been researching the paranormal, with the aim of developing its physics, as well as carrying out numerous workshops on healing and personal development. His research task took rather longer than imagined, and led to some unfortunate confrontations with ‘evil’ forces-MI5 being the least of these. Recently, he set up Paranormal Management Systems (PMS), the only company in Europe with expertise in biophysical RMCT that can come close to what the Russians have developed and which outstrips the US knowledge base in the biophysical area. PMS evaluates this military-domain RMCT material and develops it in terms of its applications for business in enhancing profitability and performance. Turan Rifat offers courses and consultancy in the RV/RI field. He is currently writing a book, Remote Viewing: The Story of the Real X-Files, and is planning to follow up this article with one on ESP and telepathy, with reference also to synthetic telepathy

Remote Viewing and Sensing for Managers: How to Use Military Psiops for a Competitive Edge Paperback by Tim Rifat




The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more

Blog Archive

“Control oil and you control nations; control food and you control the people.” Henry Kissinger


once a standing army is established, in any country, the people lose their liberty.”
George Mason

“Military men are dumb, stupid animals to be used as pawns for foreign policy.”
Henry Kissinger

“If you are an ordinary person, then you can prepare yourself for war by moving to the countryside and building a farm, but you must take guns with you, as the hordes of starving will be roaming. Also, even though the elite will have their safe havens and specialist shelters, they must be just as careful during the war as the ordinary civilians, because their shelters can still be compromised.”
Henry Kissinger

"We don't let them have ideas. Why would we let them have guns?" Joseph Stalin

The people who cast the votes decide nothing. The people who count the votes decide everything.
Joseph Stalin

Governments keep a lot of secrets from their people . . .
Why aren't the people in return allowed to keep secrets
from the government?

PHILIP ZIMMERMAN, DER SPIEGEL

“Some call it Communism, I call it Judaism.”

Rabbi Stephen Weiss

“Anti-Communism is Anti-Semitism.”
Jewish Voice, July - August 1941

Taxing People is Punishing Success
UNKNOWN

There's the rich, the poor, and the tax payers...also known as the middle class. Robert Kiyosaki

The Tax you pay is The Bill for Staying Stupid

Stefan Molyneux


“The modern banking system manufactures money out of nothing. The process is, perhaps, the most astounding piece of sleight of hand that was ever invented. Banks can in fact inflate, mint and un-mint the modern ledger-entry currency.” Major L L B Angus

The few who understand the system will either be so interested in its profits or so dependent on its favours that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system will bear its burdens without complaint and perhaps without even suspecting that the system is inimical to their interests.
The Rothschild Bros

"Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile and more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers.

This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world.

By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished."

USA Banker's Magazine, August 25 1924


Cutting Tax Rates stimulates Economic Growth creates more Profit , more Jobs and therefore The Treasury ends up with more Tax Money
UNKNOWN

Taxation is legalized Theft
UNKNOWN

"The Objective of the Bank is not the control of a conflict , it's the control of the debt that a conflict produces . The real value of a conflict , the true value is in the debt that it creates . You control the debt , you control everything . this is THE VERY ESSENCE OF THE BANKING INDUSTRY , to make us all , whether we be nations or individuals , SLAVES TO DEBT " An UNKNOWN Banker

Patriotism is the last refuge... to which the scoundrel clings .... Steal a little and they throw you in jail ..steal a lot and they make you king ....

Bob Dylan


"Corporations are stealing billions in tax breaks, while the confused, screwed citizenry turn on each other. International corporations have no national allegiance, they care only for profit." Robert Reich


There is NO political answer to a spiritual problem!
Steve Quayle


Po
litical Correctness is a Political Stand Point that does not allow Political Opposition , This is actually The Definition of Dictatorship
Gilad Atzmon

The modern definition of racist is someone who is winning an argument with a liberal
Peter Brimelow


When People lose everything and have nothing left to lose , They Lose It !

GERALD CELENTE

Your Greatest Teacher is Your Last Mistake
DAVID ICKE

The one who Controls the Education System , Controls Perception
UNKNOWN

"The world will not be destroyed by those who do evil, but by those who watch them without doing anything."

Albert Einstein

In The Left Nothing is Right & in The Right nothing is Left
UNKNOWN


No man escapes when freedom fails; The best men rot in filthy jails. And those that cried 'Appease! Appease!' Are hanged by those they tried to please
UNKNOWN

Freedom is not Free
UNKNOWN

Don't Steal The Government Hates The Competition

Ron Paul

"Buy The Rumor , Sell The Fact " Peter Schiff


You can love your Country and not your Government

Jesse Ventura


" The Government Works for ME , I do not answer to them They Answer to ME "
Glenn Beck

"Tyranny will Come to Your Door in a Uniform "
Alex Jones

"The Government is not The Solution to our Problems , The Government is The Problem "

Ronald Reagan


"The price good men pay for indifference to public affairs is to be ruled by evil men." Plato


The world is a tragedy to those that feel, and a comedy to those that think...Beppe Grillo

"The people should not fear the government for it is the government who should fear the people" UNKNOWN

"If You are looking for solutions to the world's problems , look in the Mirror , You Are The Solution , You have the power as a human being on this planet " UNKNOWN

"They don't control us , We empower them " UNKNOWN

"Serial Killers do on a Small Scale What Governments do on a large one..."

Serial Killer Richard Ramirez

There is a Class War going on in America, & unfortunately, my class is winning." Warren Buffet

"When the people fear their government, there is tyranny; when the government fears the people, there is liberty."

Thomas Jefferson

"College is a waste of Money"
Albert Einstein

Schools manufacture people who think that they're smart but they're not.
Robert Kiyosaki

Education is what you learn after you leave School
Robert Kiyosaki

" ‏Schools were designed to create employees for the big corporations."
Robert Kiyosaki


"If a law is unjust, a man is not only right to disobey, he is obligated to do so" Thomas Jefferson

Dissent is the highest form of patriotism
Thomas Jefferson

“True education makes you feel stupid. It makes you realize you have so much more to learn.” Robert Kiyosaki


"One day your life will flash before your eyes. Make sure it's worth watching." - Gerard Way

"Aspire not to have More but to be More "
UNKNOWN

The losers in life think they have all the answers. They can’t learn because they’re too busy telling everyone what they know.
Robert T. Kiyosaki ‏

"Failure is simply the opportunity to begin again. -This time more intelligently." Henry Ford

What You Own Owns You
UNKNOWN

If you expect the government to solve your problems, you have a problem. Robert Kiyosaki

"Those who give up their liberty for more security neither deserve liberty nor security." Benjamin Franklin

"None are more hopelessly enslaved than those who falsely believe they are free.” -
Johann Wolfgang von Goethe

"Always trust someone who is seeking the truth , never trust someone who found it" Jordan Maxwell

Be The Change you want to see in The World
UNKNOWN

Failure inspires winners but defeats losers
Robert Kiyosaki ‏

“If you are planning for a year, sow rice; if you are planning for a decade, plant trees; if you are planning for a lifetime, educate people” A Chinese Proverb

"First they came for the Socialists, and I did not speak out--
Because I was not a Socialist.

Then they came for the Trade Unionists, and I did not speak out--
Because I was not a Trade Unionist.
Then they came for the Jews, and I did not speak out--
Because I was not a Jew.
Then they came for me--and there was no one left to speak for me." UNKNOWN