Wealth Destruction For The 99.9 Percent

Blaming the 1% for diminished prosperity avoids the real reasons for designed poverty. In round terms, the seven billion souls that populate this planet translate into seventy million to be part of the 1%. Well, that amount is still a very large number to blame for the systemic transfer of riches into the hands of the few. A far more relevant approach is to examine the .001% or around seven million that fall into the mover or shakers of asset and possessions. Before targeting this group of mega wealth, that figure includes a very significant number, who are non players when it comes to global politics or transnational finance.

Recent record art sales illustrate the insulated existence that wraps the super rich in a different world from ordinary people. The Washington Post writes, What it looks like when the .001 percent fights over art.

“Welcome to Christie’s,” Pylkkanen said, without missing a beat.

It was that kind of night, with Christie’s selling a record $852.9 million worth of contemporary and post-war art. There were new records for 11 artists, including Twombly, Ed Ruscha, Peter Doig, Martin Kippenberger and Seth Price, according to figures released by Christie’s.”

Not exactly familiar household art celebrities, this version of trickledown economics is only for the in crowd. A Reuter report, Life continues sweetly for the .001 percent, continues.

“Art envy isn’t the only sign that the Occupy Wall Street din isn’t being heard on penthouse terraces. Sanford Weill, the former chief executive of Citigroup (C.N), put his 6,700-square-foot, top-floor residence on Central Park West on the market for $88 million. That’s twice what he paid for it four years ago and would be a Manhattan record. Weill said he plans to donate proceeds from the sale to charity, but for the time being would still have it as a deduction to apply against his taxable income.

The point is, the besieged banker class is still going about its business — and wielding considerable clout. That’s a lesson celebrity chef Mario Batali learned after likening bankers to Adolf Hitler and Josef Stalin at a media event. After news of the comments swept across Wall Street and sparked talk of boycotts among Batali’s well-heeled clientele, he apologized. With the 99 percent rallying against them, the rich clearly can’t afford to turn on themselves.”

While the uber rich are not exactly a monolith, there are certain factors that go unchallenged. List of 80 People With as Much Money as 1/2 of Humanity provides a starting point. Then examine the growth in their wealth. In 2015, there was a record of 1,826 people on the list with a total net worth of $7.05 trillion, up from $6.4 trillion in 2014. The bible of financial registry is the Forbes billionaire list which is wholly inadequate as a comprehensive tally.  Notwithstanding, the seven trillion figure is but a fraction of the estimated $241 trillion which represents total global combined wealth of all the people in the world.

This disparity just does not compute when compared to the commonly held dogma of the holdings of the 1%. Even the rarified air of the .001% will not account for the difference. The missing link is that people, as individuals, do not control the vast majority of resources, assets, money and wealth.

Governments, financial institutions, corporations, transnational conglomerates, NGO’s, trusts, estates and hidden hybrid ownership truly controls the global economy that dictates, who benefits from the consolidation of capital and oversight of natural resources.

The mandates that pass as national laws and international treaty relations share a common composition. Protecting the superstructure that facilitates elite domination over the masses of world population is the object of the game. The rest of us are left with distractions, illusions and misdirect narratives of a false reality that embodies the popular culture.

The mass media message is consistent. It paints the ruling class as benevolent and caring. The collectivist administrations of different regimes are planned as a huge dependence machine. Some countries are more dominant than others, by all practice institutional autocracy as a condition of allowing their citizens the privilege of conditional government sustenance.

Individual liberty is besieged as a frightening threat to the system. Actual free economic markets are destroyed as a matter of course. Cartels, cabals and monopolies rule as cronyism with the decision makers dictate the direction of the technocratic socialism that has engulfed world society.

The reason why human circumstances continue to deteriorate is clear to anyone who has the honesty to admit that the dire consequences are not accidental or unintentional. However, coming to grips with the architectures of international finance is just too painful to endure. A comment from a leaving subscriber of theBATR RealPolitik Newsletter, sums up perfectly a core reason why the world totalitarian system continues with such little opposition. “Your site does an excellent job of exposing the truth but this imposes too high a price on my daily mental attitude and overall health”.

Life is seldom fair, and more often painful, but a cop out of unpleasant reality guarantees that the Rothschild manipulated model of world slavery will achieve their ultimate goal of massive population extinction for the dependency populace.

A primary failure of the “Looney Left” is placing their faith into the role of government to correct the punitive excesses of global internationalism. The nature of the contrived interdependency is based upon the power of fiat finance to own and dictated policy to their state sponsored lackeys.

Those brave hearted dissenters to the “international community” are driven from office, discredited by a media assault or killed if they become too much of a threat.

Jack Lessenberry offers this assessment in, Politics and Prejudices: What’s really ruining America.

“Income inequality in this nation is not only bad and getting worse, but most of us are either brainwashed, in total denial, or too gutless to even talk about it. Why don’t you hear Hillary Clinton or Elizabeth Warren screaming about this, as they should be?

For two simple reasons: First, they’re afraid they’ll instantly be accused of wanting to start “class warfare,” a term that, like socialism, evokes bad nightmares of — shudder — Communist dictatorships.

But more sadly, they probably don’t think there’s anything they can do about it, other than maybe slow the trend a little bit.”

This critique of the “so called” daring progressives actually reveals that both play up to the establishment. Bucking the true world power brokers is very dangerous. Ask JFK, RFK, George Wallace and Ronald Reagan. Satanic megalomaniacs are committed to the impoverishment of the masses and their eventual total demise.

When was the last time that a real populist grassroots movement was able to overthrow the ruling elites? The deplorable answer is never in our lifetime.

The systemic wealth destruction that has rendered former Middle America to borderline poverty came as no accident. Don’t blame all those new faces in the billionaire crowd; they only have large bank accounts. Focus on the dynasty families that share the same bloodline and pull the strings on government puppets that administer the all-inclusive enslavement of humanity as their primary goal.

Collectivism is a deadened scheme, originated by the globalists to deceive the struggling “unwashed” to look toward government for a better future. Wow, what a miserable fiasco.

Having money is better than being poor, all other factors are relative. However, earning wealth the old fashion way, by working hard is virtually a non starter today. The casino economy is a stacked deck against the industrious.

Only a total reputation of the Free Trade corporatist plantation that has de-industrialized America could remotely turn the tide. But before any boom could begin and restore national hope, the political organized crime syndicates must be recognized as the enemy of the people and driven from their power centers and debt created money schemes.

Just like the burnt out aforementioned BATR reader, the remaining moral participants that do battle with a corrupt system must risk having their head cut off, for any chance of returning to prosperity.

This is a clear example of collectivism at play. Government subsidies that replace real employment, does not create wealth for our own people or for the country as a whole. It is high time to admit that the 99.9% is screwed as long as this same old globalist trade fraud continues to impoverish our domestic economy.

Rally against the globalists and refuse any legitimacy to a system that is designed to distract with class warfare, while the central banksters own the vast total wealth and control the power structure.

Why Living With Less Can Actually Make You Happier

By: Phillip Schneider, Waking Times |

Will having more wealth actually make you happier? According to a number of studies an addition to your income isn’t only unlikely to make you happier, but it can make those around you less happy, and you for the fear of losing it.

To explain, we must first look at a study from the National Bureau of Economic Research. Two economists, David Blanchflower of Dartmouth and Andrew Oswald of Warwick, set out to document the relation that age has to overall happiness. What they found was that as income tends to increase steadily over time, happiness follows a U-shape pattern, dipping to its lowest point at around age 45, then quickly climbing up thereafter.

A large-scale survey from the General Social Survey, which included around 20,000 men and 25,000 women of 16 years and older supports these findings. After asking Americans to rank their happiness on a 3 point scale ranging from “very happy” to “pretty happy” to “not too happy”, they found a resulting average of 2.2, or just over “pretty happy”. The Eurobaromoter, after conducting a similar survey on close to 400,000 men and women in 11 European countries from 1975 to 1998 found that the average self-assessed happiness score across Europe is 3 out of 4.

After further investigation, Oswald and Blanchflower found that the age of any given person in the developing world is more powerful in determining overall happiness than a halving or doubling of income. Also, they found that people of every gender and income have become enormously less happy throughout the past century. The difference in levels of happiness between those born in the 1960’s vs the 1920’s is the same effect as a tenfold difference in income, despite the fact that the younger generation is far more prosperous.

“I thought, if I could make 10 million dollars then it must be too easy. In fact, I honestly thought, everyone else had probably already made 11 million dollars. So then I felt poor again. I now needed 100 million dollars to be happy.” ~James Altucher

What could explain this sharp decrease in happiness over time? Well, one of the largest societal changes that occurred throughout the 20th century was the onset of a mass consumerist culture. Before the roaring 1920’s, life was much simpler and people didn’t have strong desires for material things beyond the basics to live a fulfilling life like we do today.

On a scientific level, the ultimate reward for the purchase of a new watch, car, or other status symbol is a short-term release in dopamine which triggers a brief period of personal satisfaction. This is why we feel good after buying new things and it’s where the term “retail therapy” comes from. However, the happiness one gets from material worth is short-lived. After time, the buyer will revert back to their original demeanor, while obtaining a sense of comfort and security from those new things they bought.

From this perspective, it begins to make sense why prosperous people in the developing world are some of the most prone to depression; they become afraid of losing what they have which their peers don’t. In fact, those on the opposite end are shown to have the reverse effect and often become more depressed when around those with greater wealth. Contrary to popular belief that areas of high poverty produce higher homicide rates, it is actually those with the highest income disparity.

“Riches leave a man always as much and sometimes more exposed than before to anxiety, to fear and to sorrow.” ~Adam Smith

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Phillip Schneider is a student and a staff writer for Waking Times.

This article (Why Living With Less Can Actually Make You Happier) was originally created and published by Waking Times and is published here under a Creative Commons license with attribution to Phillip Schneider and WakingTimes.com.

As Americans Fatter than Ever, World Faces Worst Starvation Crisis Since WWII

As many as 20 million people could die of starvation in four African regions if something doesn’t happen quickly to change the projected outcomes. The dire prediction affects Yemen, Somalia, Northeast Nigeria, and South Sudan. Each one of the countries has been war torn as of late with large-scale civil wars.

The United Nation’s Humanitarian chief Stephen O’Brien said on Friday, “We stand at a critical point in history. Already at the beginning of the year we are facing the largest humanitarian crisis since the creation of the UN (1945).” Going further O’Brien stated, “Now, more than 20 million people across four countries face starvation and famine. Without collective and coordinated global efforts, people will simply starve to death. Many more will suffer and die from disease.”

Americans, on the other hand, have not only their plates full but their bellies full as well. According to a new Centers for Disease Control study conducted in 2015, Americans are fatter than ever, at least in one important demographic. “In 2015, 30.4% of Americans 20 and older said they were obese, up from 29.9% in 2014,” says CNN which analyzed the study. “Although the 2015 rate is not significantly higher than the previous year’s, it represents a continuation of a trend that has been going on since at least 1997, when researchers began using the current survey and when only 19.4% of Americans said they were obese,” an indicator of how far down the slippery slope of obesity Americans have traveled.

While the famines occurring in the world are taking place far from the shores of the United States, many people still wonder if what is happening in Africa and the Middle East could ever happen in the Western Hemisphere. Answer: It’s already happening. Cuba, if anyone who’s honest will tell you, has been suffering food shortages ever since the Castro regime took over and instituted their communist system of government. And now, Venezuela, a country which has seen its fair share of decades of prosperity, is suffering its own humanitarian crisis, with many families reportedly digging through garbage in an effort to find sustenance.

READ MORE:  5 Major Stories Americans Missed While Consumed by the Super Bowl

Even in the world’s most obese nation, according to the most recent data, in 2015, 42.2 million Americans lived in food insecure households, including 29.1 million adults and 13.1 million children.

Doomsday preppers, folks whose end of days fears drive them to stock up on necessities, understand the realities of famine on a different level of reality. They remember the depression era difficulties which kept many families from eating as much as they would have liked, and they’ve decided to do something about it — often stocking up on water, dried foods, meals ready to eat, and ammunition — should the need to find food overtake one’s concern for their fellow man.

We at TFTP had a chance to interview a few preppers who told us it’s never too late to start and there are a few ways Americans can begin to prepare for unexpected food shortages. First, when buying dried goods, buy one or two bags more than you need. Second, begin to stock up on universal currencies such as silver and gold. Third, take a gun safety course. Fourth, have a bugout bag, and a bugout plan, so that in the event of some form of chaos, one can escape to safety with the basic necessities for at least a few days. Lastly, have a plan which includes a sustainable supply of fresh water. Without it, no one, not even the best of gardeners, can grow food.

UN Secretary-General Antonio Guterres recently made a statement, warning that this food crisis has been “neglected” by the world.

“Let’s not forget that each one of these people is an individual case of extreme suffering,” he said. “There is a moral obligation for us all to do everything we can to support these people.”

Obama Killed Our Economic Freedom: “Stagnation, Unemployment, and Deteriorating Social Conditions”

Anyone who feels like the American Dream is dead can now cite solid evidence of its abrupt end.

It seems that eight years of life under Comrade Obama was not only difficult economically, but was fiscally difficult for most American families because his administration had done so much to restrict economic freedom – until his time, a basic tenet of American life, and essential to fostering a vibrant economy in the middle and working classes.

A new set of rankings released by the Heritage Foundation in its 2017 “Index of Economic Freedom” revealed that the United States has been on a continual decline over the past decade, and especially since the 2008 economic crisis. Slipping down to 17th among 180 countries, and losing ground yet again, the country that so often celebrates its shining liberty is considered to be only “mostly free.”

A wave of unprecedented government intervention cut deeply into both freedom and prosperity for millions upon millions of Americans; the reliance upon Federal Reserve QE programs to stimulate the economy has killed businesses, and made other reliant upon government ties to make profits (mainly at the top).

via Daily Signal.com:

It’s already been eight years since the Great Recession, yet the U.S. economy has been just inching along, with its productivity flagging and millions being locked out of the labor market.

One critical underlying factor for this lack of economic dynamism has been the startling decline of America’s economic freedom, an unfortunate legacy of Barack Obama’s eight-year presidency.

The Heritage Foundation’s 2017 Index of Economic Freedom—an annual global study that compares countries’ entrepreneurial environments—highlights the urgent need for the U.S. to change course. For the ninth time in the past 10 years since 2008, America has lost ground.

[…]

The U.S. remains mired in the ranks of the “mostly free,” the second-tier economic freedom status into which it dropped in 2010.

Countries achieving higher levels of economic freedom consistently and measurably outperform others in economic growth, long-term prosperity, and social progress. Those losing freedom, on the other hand, risk economic stagnation, high unemployment, and deteriorating social conditions.

In fact, America’s standing in the index had dwindled steadily during the Obama years. This largely owed to increased government spending, regulations, and a failed stimulus program that enriched the well-connected while leaving average Americans behind.

Read the Heritage Foundation report “Blueprint for Reform: A Comprehensive Policy Agenda for a New Administration in 2017” here.

The government takeover of health care – and forcing Americans to buy into their program – has taken a significant toll. So has government takeover of finance, forcing taxpayers to bankroll a bailout for Wall Street, only to eat the continued decline in prosperity as a result of the terrible policies that solidified under President Obama. Meanwhile, business as usual in the federal government meant more cronyism and picking of winners and losers that ever before in U.S. history.

The attempt to push through a climate change/carbon tax cap & tax system, including proposals to make Americans pay more for everything green, to have homes inspected, pay penalties and fines, and ultimately, pay for the privilege of breathing the air and living on this planet have also signaled an impoverished and tightly controlled future.

However, even President Obama wasn’t able to accomplish everything he wanted; though the era of his worldview has greatly damaged the U.S. in many ways.

Eight years of being coached into debt for everything – from college loans that don’t lead to jobs, to homes you can never really own, and a monetary system that is declining rapidly in value all the time, has marred and stalled what is the very essence of this country.

Ultimately, his legacy is a very somber $20 trillion in national debt – a staggering double on the debt throughout American history up until the end of the Bush years.

This country faces grave decline, and can only turn around if the tax burden is taken off of ordinary people, if jobs and independent business again becomes possible, and if the damn government would just get out of the way.

Unfortunately, it could be too late. Many people now see a recession, and a possible larger collapse and depression, as systematically unavoidable. On paper anyway, someone must pay the bill for the past eight years of economic stagnation and decline.

Read more:

ObamaScare: Our Entire Economy is About to Get Hit With a Sledgehammer

2017 the Beginning Of the End: “U.S. Economy About To Get Slammed By A Major Recession”

10 Signs That Obamacare Is Going To Wreck The U.S. Economy

What 12 Financial Experts Predict for the Economy in 2017…It’s Ugly

Welcome To One of The Most Pivotal Weeks In Modern American History

Many are anticipating that a wonderful new era of peace and prosperity is just a couple days away, but others are using terms such as “civil unrest” and “civil war” for what they believe is about to happen in America.  Without a doubt, Donald Trump is one of the most electrifying politicians in modern American history, but he is also one of the most polarizing.  So will the next four years bring us together as a nation, or will anger, frustration, strife and discord tear us much farther apart?  It is being projected that extremely large crowds of supporters will attend Donald Trump’s inauguration on January 20th, but the mainstream media is also reporting that “hundreds of thousands of protesters” are on their way to Washington.  Many on the far left are hoping to turn Trump’s inauguration into one of the biggest riots in U.S. history, but thousands of law enforcement personnel are going to do their very best to prevent that from happening.

There are sites on the Internet that are literally counting down the hours until Barack Obama leaves office.  Knowing that his time is short, Obama seems determined to squeeze as much “change” out of his final hours as he possibly can.  Just check out what the Washington Post says that he was able to accomplish on just one day last week…

On Thursday alone, the administration designated three new national monuments and expanded another two in sites including a forest in the Pacific Northwest and a school for freed slaves in South Carolina; took away one of the special immigration privileges Cubans arriving in the United States without visas have enjoyed for 50 years; announced sanctions designations against 18 senior Syrian officials for their role in the use of chlorine as a chemical weapon in 2014 and 2015; awarded the Presidential Medal of Freedom to Vice President Biden; and accused Fiat Chrysler of cheating on national emission standards for some of its diesel trucks.

And in the last few days of his presidency, there is a great deal of concern about how much more damage he may be able to do on his way out the door.  Late last week he enraged the Russians by moving U.S. troops into Poland, and Russian Foreign Ministry spokeswoman Maria Zakharova is warning that Obama still has a few more days left to “destroy the world”…

Zakharova charged that “Obama and his illiterate foreign policy team have dealt a crushing blow to America’s prestige and leadership” and described his administration as “a bunch of geopolitical losers, enraged and shortsighted.”

Obama’s administration still has a few days left to “destroy the world,” Zakharova wrote.

However, there is one piece of good news.  According to the Jerusalem Post, U.S. Secretary of State John Kerry has told Israeli Prime Minister Benjamin Netanyahu that Obama will not support any additional action against Israel at the UN Security Council before Trump is inaugurated.

Of course politicians lie all the time, and John Kerry may not have been entirely honest with Netanyahu, and so we will keep a close eye on the UN Security Council when they meet on Tuesday.

On Friday, the eyes of the entire world will be on Washington.  What once seemed so impossible is on the verge of actually becoming a reality, and security officials will be working overtime to make sure that nobody tries to stop Trump from being inaugurated at the last minute.

Needless to say, the festivities on Friday would be a big, fat juicy target for anyone that hates Trump, hates America or that just wanted to make an unforgettable political statement.  In fact, Republican Senator Roy Blunt has admitted that the inauguration of Donald Trump will be “the most appealing target in the world”…

“Security is my greatest concern,” Republican Senator Roy Blunt, chairman of the Joint Congressional Committee on Inaugural Ceremonies, has said. “No question that on inaugural day, this would be the most appealing target in the world.”

Even if there isn’t any violence on Friday, there will definitely be plenty of angry protesters.  And instead of attempting to calm things down, many in the mainstream media are actually promoting the protests.  For example, the Washington Post has even published a “guide to inauguration demonstrations, marches and protests”.

It appears that most of those on the left plan to protest peacefully, but there are definitely groups that are planning to be as disruptive as they possibly can.  I have previously reported about an organization known as DisruptJ20, and now audio has been released of one of their leaders saying that they want to “do everything we can to try and stop people from being able to access the inauguration”…

A conservative group also shared with FoxNews.com what it said was audio from a Jan. 8 #DisruptJ20 meeting at a Washington church, giving even greater insight into the group’s planned D.C. “shutdown.”

The audio, recorded by Trevor Loudon with Capital Research Center, purports to show a female member detailing plans to “do everything we can to try and stop people from being able to access the inauguration.”

It doesn’t take much imagination to figure out how they are going to do that.  According to the shocking new audio recording obtained by Fox News, DisruptJ20 plans to physically block “roads and other modes of transit into the city”…

“We’re going to be doing blockades,” the woman says in the audio. “We’re going to [be] blockading checkpoints into the security zones. We’re also going to be blockading roads and other modes of transit into the city.”

Traffic in the Washington D.C. area is a major headache even at the best of times, and so even if everything went perfectly transportation would be a major issue at Trump’s inauguration.  So it isn’t going to take much for these anarchists to create a very real crisis.

And some leftists have been encouraging those that cannot physically come to Washington D.C. to go online and help take down the official White House website on January 20th…

PR Newswire, a global news-release distribution service, circulated a release on Thursday highlighting a campaign launched by Protester.io, a digital protest organizing platform, to “take down” the White House website next Friday in protest of Trump’s inauguration.

“On January 20th, hundreds of thousands of Americans are going to Washington, DC to march in protest of the inauguration of Donald Trump. Millions more around the country will be joining the cause from home. If you can’t make it to Washington DC on inauguration day, you can still participate by occupying whitehouse.gov online,” the release read.

Many on the left truly believe that Trump is the modern equivalent of Adolf Hitler, and therefore he must be resisted at all costs.

And one of the reasons why they want to be as disruptive as possible is so that they can provoke an extremely harsh response.  If law enforcement officials can be filmed treating protesters very harshly, that can be used as fuel to inspire thousands of others to join the movement against the “fascist” Donald Trump.

Following the “blockades” and other “actions” on the 20th, there will be a “million woman march” on the 21st.  Michael Moore and a whole host of liberal celebrities will be there, and it is being reported that there will be close to 300 “sister marches” in other cities around the nation…

Protesters are using the hashtag #WhyIMarch to explain why they are heading to Washington — from calls for equality to initiatives to curb gun violence to pleas for health care reform.

Nearly 300 “sister marches” have been organized in other US cities — including New York, Boston, Los Angeles and Seattle — and around the world.

This is going to be a week that none of us will ever forget.

Many are hoping (myself included) that the protests will soon fade and that Trump’s presidency will represent a true turning point for America.

But there are many others that are literally gearing up for a “war”, and they intend to fight for as long as it takes to achieve their goals.

We are a nation that is deeply, deeply divided, and it isn’t going to take much to push us over the edge.

So this week is definitely a beginning, but is it the beginning of a wonderful new chapter in American history, or is it the beginning of the end for our once great nation?

This story will unfold over the next four years, and let us hope that it is a good one.

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