‘Debts that cannot be paid will not be paid.’
Michael Hudson
The average American works 7 months a year before being allowed to keep any of the money they work for. But that figure is deceptive. The occupation government gives orders to shut down coal fired generation plants because they emit carbon dioxide. Then they give exemptions to plants owned by or doing business with General Electric. This forces up utility rates so you are actually working more than 7 months a year to support this tyrannous government. 35 million Americans will be forced in a few months to pay $8,000 each for health insurance unless they get into a government plan which will cost them a few thousand dollars a year for a worthless policy that will not give them the coverage anyone would want.
Wages are going down. They are 40% lower in real terms than in 1970. John Williams of Shadow Stats says the real unemployment rate is 22%. Zero Hedge reports that new hires last month were getting temporary jobs without benefits 10 to 1 over fulltime employment with healthcare and vacations. Only 80,000 total new jobs were created. Compare that to 4 million Americans turning 18 every year so there are not enough jobs being created. Some 18-year-olds are going to 2 and 4 year colleges but that only delays the day they enter the work force. But the government and by that I mean both political parties hand out a million Green Cards a year. And they also allow 80,000 or more illegal aliens to enter the American job market. So clearly the politicians despise young people no matter what they say in their sound bites.
I was talking to a black woman with an 8 year-old daughter. I asked her if she thought America would be creating enough jobs so her children could get one when they turn 18.
American wealth declined 40% in the past 3 years. David DeGraw points out that American poverty rates are deceptively low because the occupation government calculates the money Americans spend healthcare by using figures from 1955. Half of all new jobs pay low wages. The wages of the average worker have declined more than $9,000 a year in the last few years. 90% of Americans have declining incomes. The average worker has increased productivity by 80% over the past 35 years. Despite this their wages have steadily declined while the wealth of the top 0.01% have increased 500%. The city of Scranton has cut the pay of their civil servants to the minimum wage.
US millionaire households have a total of $45.9 trillion of wealth if you include their deposits in the Cayman Islands. More if you count deposits held in Israel. The richest 400 Americans paid 30% of their income in taxes in 1995. They now pay 18%. Corporate taxes accounted for 27.3% of federal revenue in 1955 vs 8.9% in 2010. With only 4% of the world’s population, America has 25% of the world’s prison population. David DeGraw says 775,000 deaths in the US in 2000 could be attributed to poverty. That is easily over 1,400,000 today.
Student loan debt is over one trillion dollars. The average debt for those graduates who do owe is $22,700. Most college students have credit cards and the majority of those owe at least $3,000 over and above their student debts. Student loan guarantees obviously just raise the cost of tuition. There are other policies that severely hurt American students. Minority affirmative action spots at schools are often given to the foreign born. Scholarships are targeted for minorities. Some of those scholarships are paid for by increasing tuition charges on cash strapped students. And 25% of all admissions into programs at the best schools that pay substantial incomes are reserved for Jewish people. Half of all college graduates cannot find fulltime jobs. ‘In the last year, recent graduates were more likely to be employed as waiters, waitresses, bartenders and food-service helpers than as engineers, physicists, chemists and mathematicians combined (100,000 versus 90,000). There were more working in office-related jobs such as receptionist or payroll clerk than in all computer professional jobs (163,000 versus 100,000). More also were employed as cashiers, retail clerks and customer representatives than engineers (125,000 versus 80,000).’
High school graduates can always become soldiers and kill Muslims for Israel. Sergeant Robert Bales who was arrested for killing 16 Afghan civilians. He had lost part of his leg and was given reconstructive surgery. He had brain damage and was given drugs which induce hallucinations. He refused another tour but was sent anyway. He took the blame for an operation which must have involved at least a platoon of soldiers and helicopter support.
American soldiers have been exposed to Depleted Uranium. Even Wikipedia admits that 250,000 of the 697,000 who served in the first Persian Gulf war of 1991 became severely ill and were diagnosed as having Gulf War Syndrome. DU was one cause. Other causes were experimental vaccines including an AIDS vaccine. American generals have received as much as $800,000 a year jobs working for vaccine makers after retiring. More American soldiers die from suicide than from wounds received in battle. In 1999 President Clinton allowed the insurance companies the steal 8 out of 9 dollars from GI insurance which the veterans paid into from their own pockets. This money is still being stolen from widows and orphans to this day. This is the Army that the bankers want to send out into the streets of America to kill starving people after the dollar crashes.
Army Field Manual FM 3-39.40 tells soldiers how to detain Americans and confiscate their weapons. The manual says they will turn civilians over to FEMA and other authorities. FEMA has space for 25 to 30 million prisoners. If they run out of food, DHS has purchased lots of incinerators each one of which can incinerate tens of thousands of recalcitrant inmates every week.
Chicago has recently suffered a crime wave that made headlines. There are 100,000 gang members in the city. The program known as Fast and Furious has been around in one form or another since the Bush Iran Contra era. Both Obama and his predecessor Bush, the Lesser, were sending weapons to Mexico in trade for cocaine by the ton the CIA was allowing across the border. The CIA is also bringing heroin into the country from Afghanistan. The average first time heroin user in the US is 14 1/2 years-old. 100,000 people a year die from heroin overdoses worldwide.
When, not if, the dollar crashes, 120 million Americans who used to have good paying jobs will have no way to buy food. Food Stamps which are being cut will not feed a family after Hyperinflation rips through the country. The nationwide food riots will begin soon enough. The Mexican drug cartels have 250,000 employees inside the US. More can enter overnight. There are 1.4 million gang members in America. There are millions of professional criminals. And there will be more than 120 million people with no food.
Throw the following into the mix. Americans have 600,000 slide fire stocks which allow them to fire more than 700 bullets a minute from their AR-15s and AK-47s. A fire arms instructor talking of the sharp rise in gun sales since martial law plans were announced said even women in their 70s are buying weapons. They do not want a one way ticket to a concentration camp. There have been hundreds of studies over the past 70 years saying that 90% of people like you and me must die to make the world a better place for bankers.
This is the perfect storm the bankers are preparing for all city dwellers, all urban police departments. the TSA and the US Army. Of course the bankers have another trap for the US military. They know Iran has no nuclear weapons program. And they know the Syrians are not killing civilians because NATO is paying mercenaries to kill those women and children. And the bankers also know that the Iranians, the Syrians and Hezbollah have way more than 150,000 missiles to defend themselves in case of attack. A fuel air explosive has 3 to 4 times the explosive capacity of a conventional bomb. Iran has the ability to sink every ship in the Persian Gulf and to destroy all 35 American bases in that area. Syria can wipe out each one of the 20 US bases in Turkey and knock out American ships in their end of the Mediterranean.
I have been telling people for years that the bankers want America to lose World War III. That is why they passed NAFTA and sent 12 million jobs overseas. America does no longer has the industrial capacity to fight a real war.
The bankers want you to lose WW III and to have riots destroying every city so you will die and will never be able to demand the return of the tens of trillions of dollars they stole from you.
There are alternatives. An American military coup which would start as a mutiny to refuse orders to launch WW III is one. Another though less likely possibility is a revolution.
In any event the present situation will not last. We might all die. We might all survive. But I can guarantee you that the bankers will soon enough all either be dead or in prison.
What Americans cannot endure will not be endured for long.
Notes: If you have not read this article on debt cancellation and healthcare reform, please consider it.
What Real Debt Cancellation Combined With Pension And Health Care Reform Looks Like Part II
This is one of my all time most popular essays:
25 Reasons To Absolutely Despise Bankers And Their Minions
Signs China Is Preparing For A Collapse Of The Dollar and International Trade
The next article has my background research on the Bilderbergers,
Annotated Bilderberg 2012 Member List
https://vidrebel.wordpress.com/2012/06/03/annotated-bilderberg-2012-member-list/
Pax Judaica To Replace Pax Americana Which Replaced Pax Britannica
7-7-2005 Looking Back At The London Subway Bombing 7 Years Later
David DeGraw is the founder and editor of http://www.AmpedStatus.com. He wrote The Road Through 2012: Revolution or World War III.
Reblogged this on the Mahoney.
Pingback: Economy in DEATH spiral - Page 1270 - Stormfront
Tremendous thanks for giving us these stark truths. As for me, I am living through a draught, dreaming the impossible dream, and prepared to ???
The drought in the US might have been caused by the BP oil disaster in the Gulf of Mexico. Some say Chemtrails and all that atmospheric aluminum is changing the climate and agriculture in order to cut the food supply forcing the lower classes into killing each other.
Pingback: Links 153-crops dying, monarchs, libor, blue beam, and gun control | Cindy's Zone 2
Reblogged this on The Grey Enigma and commented:
Probably best if you are sitting down when you read this, GE.