Showing posts with label middle class. Show all posts
Showing posts with label middle class. Show all posts

Wednesday, May 16, 2018

Now that America is decapitated, dictators of China and Russia are battling it out.


We are witnessing the rise of China to 1st place in the world of economic powers. America is decapitated, and the battle between the dictators of China and Russia is in place.



Russia, started far behind, but used a trojan horse to seize control of American political power: Putin seized the Congress by superfunding the NRA.  Putin's genius was well-known but the Koch's cooperation was a huge surprise.  The Kochs pointed Putin to the use of a carnival barker as a distractor. The NRA was used to place empty suits into the seats of power.  Using its own resources against itself, Government is helpless, and we are witnessing the disguised sell-off and stripping of the assets of the former American Republic. Fox News, owned by offshore foreigners, has been teaching Americans to hate their own for decades.  And Fox News owns most of the porn which dominates the internet.  Faux News is a major industry, carefully curated, targeted, and projected for maximum toxic effect.

China continued to secure its seizure of America through the cooperation of the Walton-Merce lords of the South and Mid-West, using Walmart and chains of Casinos to destroy the middle class. 

Between the dictators of Russia and China, whoever tears off the biggest pieces of America will be declared the "winner".  And the entire globe will suffer, as science, the arts and the hearts of humankind gradually fade, and drown in tears and bitterness.

In terms of sources of Power, the only remaining hope against these global powers are the remaining unaligned billionaires.  We do not know what Amazon, Google, Apple and Microsoft might accomplish.  We do know that few other sources of power will survive this onslaught and the dive into resource depletion, numbing depravity, crippling poverty, and unleashed tyranny.   Sadly, the unaligned billionaires are not motivated or organized.  Corporate monopolist boards are structurally incapable of responding to crisis.  

Private stock companies simply cannot move quickly to seize treasure -- like Putin's puppets and Xi Jinping's Chinese syndicate.  Feudal lords of piracy will destroy the peace and prosperity built by the great republics and the middle class.


Wednesday, February 01, 2012

President Reagan and the Buffet Rule

President Reagan promised the eliminate tax loop-holes for the super rich. But instead, he raised taxes on the middle class and relieved the super rich of paying their "fair share" -- his words.

To the Right Wing, if President Obama tries to reduce the loop holes, it is "class warfare". When President Reagan promised to do it but it never happened, then it is a "forgetting". Like it never happened.

Monday, December 06, 2010

The Middle - the class position on prosperity

Why is there ONLY ONE "class" whose growth is helpful for everyone?  The truth is, the Middle Class is the only class the everyone should cultivate and care about. The rich and the poor we have with us, whether or not we want them or try to grow them.  In terms of peace and prosperity, only one class makes any difference. But exactly why is this so?


Our economy relies on strong consumers. 


The poor are unable to buy, and rich rarely do -- they have everything they really need, and the rest they have the power to take without buying.  Today, wealthy people put their wealth into off-shore accounts and engage in socially useless speculation and non-productive investments.  For example, nothing is produced and the infrastructure of society is not enhanced by a "credit default swap" or a debenture or any "creative financial product".  The rich and the poor are socially useless burdens, bless their hearts. 

Hence, the great and unique economic contribution of the middle -- they have some money, and individually they do not have much power.  The only real power they have is as consumers.

The more money consumers have, the more goods and services they buy.  As their transactions increase, the need for sensible long-term infrastructure becomes clear.  The need for roads, utilities, information, and even health care and schools, becomes obvious and self-fulfilling.  Rising prosperity creates expectations and hopes, and as families are raised, the infrastructure takes shape which cultivates more prosperity.

The Middle class is the only class that cares about infrastructure.  No one else needs hospitals and schools -- the poor need food and water, without which they would die before they could use health care and books. The rich of course, have their own medical care, and it is a historical fact that very few rich people have any personal interest in education or learning.  The rich rarely educate themselves, much less provide information of any real use to anyone else.

The poor people are the first to celebrate their long-sought extinction. We cannot have "too few" who are living hand to mouth, or exposed to the exigencies of nature and trouble.  The rich cling to their existence, and devote themselves to the extinction of the Middle Class, as if threatened by its mere existence.  The rich classes thrill to the abundance of the poor.  The rich appear to be uplifted by masses willing to serve them for pittances or for their forebearances -- for the privilege of not being beaten, or actively oppressed.

The Middle class stands alone, offering accessibility to the poor, and recovery from the rich, for the usurpations of both.