The Big Squeeze and the Destruction of the Middle
Class
Posted by Preston James, Ph.D
on January 13, 2015
http://worldtraining.net/NAU.htm also:
THIS PAGE is start of the series on the New World Order, a regime that will
rule you without your knowledge or consent: http://worldtraining.net/NWO.htm http://worldtraining.net/NWOBYMOORE.htm
http://worldtraining.net/NWO17.htm
Who Runs/Ruins the
world?
The
Flaws of Finance Assumptions by so called experts/
Chinese
investors sign up to fund I-95-Pa. Turnpike link at http://worldtraining.net/NWO2.htm continuing up
to http://worldtraining.net/NWO27.htm
The Middle Class is being squeezed
economically by rising unemployment, declining wages and rising prices -- this
is producing a remarkable decline in purchasing power
by Preston James and *Mike Harris A Pall of
doom has swept over much of Middle Class America. The job market is
dismal in most sectors and those who lose their jobs often find new ones with much
less income. New college
grads are finding that there are fewer and fewer good job opportunities. Some
economists claim that approximately 30% or more are back home living with their
parents, working minimum wage jobs and carrying huge college loans that could
easily keep them debt-slaves to the banks for the rest of their working lives. The actual unemployment rate is 23-24%
and the USG is covering it up. The
USG claims the unemployment rate is 5-6% tops. These figures are based on
consciously manipulated input categories. The actual real unemployment rate in
America is between 23 and 24% depending on how you calculate it.
Some Americans are starting to fear that America is
sliding back into the Great Depression of the 1930s, others that have lost
their jobs and cannot find any new work and are living on public assistance and
food stamps believe we are already there. And millions of
Americans are now homeless or very close to it. there
are numerous ÒTent CitiesÓ
spouting up across America for the homeless lucky enough to have been able to
acquire a tent.
Consumer prices keep steadily rising due to the ever decreasing value of the US dollar. The only respite has
been the recent massive drop in oil which has lower
gasoline prices, but this is likely just a temporary aberration of a secret
trade war between the USA and the Russian Federation. The CIAÕs ISIS/ISIL/Daish has been stealing oil and selling it for $20 a barrel
to depress the oil market and stress the Russian Federation. New electronic devices and related
services now considered necessities are stressing many budgets. Hidden costs have crept into almost
every budget with new and quite expensive electronic devices considered by many
to now be basic necessities. The costs of these devices and their use must be
paid for on an ongoing monthly basis and it is not uncommon for these items to
total up to $200 a month or more (after tax dollars).
These devices now considered consumer necessities
usually include full-featured cell phones with full internet
access, expensive cable TV and high speed Internet. ItÕs almost impossible to
find a much less expensive, bare-bones old fashioned simple cell phone without
a big screen and all the high tech expanded features which drive the cost up in
some cases to $150 a month for that cell phone. Yes, some of these advanced cell phones and iPods and iPads are great business tools for those who use them
everyday in business where they can help generate new business or service
accounts effectively. But for the struggling family or new college grad who cannot find suitable work, these can create undue stress
on oneÕs budget.
The FICO score Òcredit trapÓ.This is a massive but secret statistical modeling
operation between the largest credit agencies which has established complex
algorithms supposedly used to accurately rate a personsÕ ability to repay a
loan. What happens is that this FICO score is actually create a Òcredit trapÓ
for many, who then have to pay much higher interest rates when they were never
a serious credit risk in the first place.
The great Depression produced massive unemployment
fractured homes, kids went hungry and many starved, all because of the crooked Banksters manipulating markets to acquire greater market
shares. The crushing effects of an unenforced southern border with the
resulting massive illegal immigration. One would
think that the so-called phony War on Terror would have immediately resulted in
a 100% lock-down of every single US border, especially the southern border with
Mexico which is the location of at least three major drug cartels that ship
massive quantities of illegal drugs into America. But no, because the CIA is in
partnership with these cartels and gets a major piece of the profits; they protect the supply lines into America, which means
that they make sure no southern border is policed. What we know for sure is that illegal immigration seriously
stresses many state budgets of the states along the border and also seriously
stresses their hospital and welfare system, many close to the breaking point
and bankruptcy. Some hospitals have closed because of this. This mass of unrestricted illegal
immigration has allowed thousands of Mexican felons and gang members who are
cartel members into America, including some trained by American special forces at Fort Bragg. But the large numbers of
illegal immigrants from Mexico and central and South America that have migrated
into America have also driven the labor costs way down, harming the ability of
Americans to obtain employment with a wage high enough for basic subsistence.
Note: the economy in Mexico has been failing for
the same reasons it has been failing in America — it has been hijacked by
the Organized Crime Cabal (OCC), which is asset-stripping it of resources and
wealth and running drug cartels which compete and fight with each other; the
continual infighting keeps them in check, while the OCC skims large profits,
and the large Wall Street banks and OCC businesses launder the money. The Recession
which started in 2007 just never seems to end and there is no turn around
in sight.
And on top of all this, the recession going back to
2007 just never seems to end, despite all the absurd false claims by the
controlled mass media (CMMM) that the economy has turned around. Realists know
otherwise and understand why things will never get any better until the basic
underlying problems are resolved. And what is the serious underlying core
problem that is responsible for this current recession that seems to never end?
It is the illegal, unconstitutional, traitorous, seditious free trade treaties —
NAFTA, CAFTA, GATT, WTO and now the TPTT.
But there are other new threats to the American
economy and the ability of the Middle class to survive economically. This is the intentionally malicious
management of the American monetary production and distribution by the private
Rothschild franchisee the Federal Reserve System, which just keeps printing and
issuing more and more watered down US petro dollars.
We have had seemingly endless quantitative easings (QEs). Before that we had
two major multi-trillion USD bank bailouts which were
clearly illegal and unconstitutional. We later learned most of this money went
to prop up the private Wall Street banks through their foreign private bank
partners.
As the Federal Reserve System just keeps printing
and issuing more and more USD in unbelievably massive amounts, the world
becomes flooded with US Petro dollars. Soon the World is going to reject the
use of the USD and start dumping them. Already China, awash with dollars
because of the free trade agreements, has been buying up large American
corporations and all kinds of real estate and assets in America at fire-sale
prices. There has been a major
decrease in net worth for most Middle Class Americans.
The average American has lost 60% of their net worth since 1995 and lost
approximately 40% since 2007. Much of the accrued net worth of many years of
savings, investment in oneÕs home is gradually evaporating. Many retirement
plans have been reduced, some eliminated.
The 2014 annual US Trade Deficit was about 318
Billion Dollars. When the US
economy started failing because so much taxpayer money was being spent on the
various illegal, unconstitutional, unprovoked, undeclared wars, the USG was able
to implement free trade as a stopgap effort to artificially raise the
purchasing power of the American consumer. But this cannot go on for ever, as far too many US dollars are now in circulation
and held in China because of this illegal, unconstitutional, treasonous free
trade policy.
The So-called Free Trade Agreements are the root cause of this unending
serious recession. The main
underlying problem responsible for this unending recession is the illegal,
unconstitutional free trade agreements which include
NAFTA, CAFTA, GATT, WTO and now the secret Trans Pacific Trade Treaty (TPTT). Ross Perot warned
about what NAFTA and free trade agreements in general would do when he ran for
President: create a big sucking sound and pull major industries, manufacturing
and jobs out of America. Initially, much of US manufacturing moved to Mexico.
Now, it has moved to China. What
decent elected politician or USG Official would ever support such Traitorous,
Seditious Free Trade Agreements as these? The answer is NONE.
Yes, no elected politician or USG official who
obeyed their oath to the US Constitution would ever support such free trade agreements which are so notably destructive to the American
economy. These free trade agreements have been slowly but surely sucking the
jobs and life right out of middle-class America. To allow these treaties to
continue intact is criminally insane and negligent beyond imagination. It is
truly the setting up of the United States of America to commit slow motion
economic suicide, and it is just hitting bottom right now in the middle class.
Treason is a Capital crime punishable by hanging on a military gallows
like the assassins of President Lincoln or the convicted Nazi war criminals at
Nuremberg. The excuse ÒI was just following ordersÓ held no
water. And the rigged legal opinions obtained by Bush1, Cheney and Rumsfeld
will hold no water either when they are prosecuted for war crimes and crimes
against humanity for the torture at black prison sites and the kidnapping and
torture of innocent children.
Obviously, any reasonable person can easily
conclude that America is under siege by some major enemy who has hijacked the
US Congress and the whole political system. Certainly this must be the case,
since it was Congress and poor administrative leadership run by compromised,
corrupt Presidents that allowed NAFTA and the other criminal free trade
agreements to strip America of most of its industrial manufacturing jobs.
How could Americans have been so stupid to allow these free trade deals
to be passed? Sadly the labor unions were in favor of this,
conned by their compromised leaders that promised free trade would provide lots
of new jobs. This of course was a big lie that was repeatedly published and
broadcast by the controlled major mass media (CMMM) and sadly many Americans
fell for this con job and are now paying for it in spades. How
could these corrupt elected Politicians and USG Officials get into office in
the first place?
Well as many
know, most federal elections are manipulated electronically and politicians who
have already been initiated into a very corrupt, pedophile
based system have been pre-selected to compete. These individuals have
already been completely vetted and indoctrinated in the Organized Crime Cabal
(OCC) to function as its cutouts and operatives. And because many of these elected Politicians and USG are
narcissistic (self-centered and strong willed) some tend to stray out of their
allowed parameters. But they can be quickly brought back into compliance with
the OCCÕs top kingpinÕs wishes by the use of various tools of blackmail and
human compromise.
Private Equity (PE)
groups and the planned consolidation of American business, including small
business into virtual Cartels. One issue that is often overlooked which is notably destructive to the
middle class is the business model of the private equity groups. The is the
very crafty method by which the large corporations consolidate and Òroll-upÓ
every industry sector which sells products or services to the American
consumer. How this
Òroll-upÓ of businesses is implemented is by identification of an industrial or
consumer sector which may have 25-30 independent
businesses. Once identified as a vital sector, the private equity goups will acquire a major player within that sector. Once a virtual Cartel is created by the
PEs, the roll-up of associated businesses occurs.
Once acquired, the PE group will use that company and their PE assets,
which seem unlimited, to acquire other companies with that business sector,
thus constituting the Òroll upÓ. Once the target
company has achieved critical mass by acquiring or rolling up a certain
percentage of these businesses, they will begin predatory practices to either
drive the competitors out of business and into bankruptcy, or to drive the
price down for a more affordable acquisition price. What the readers will notice is that once an industry sector
has been successfully Òrolled upÓ it will no longer have any robust
competition. Thus, a typical roll-up reduces 25-30 competitors to perhaps 5-7
remaining competitors which technically function as a
big cartel or monopoly, despite the ability of their corporate lawyers to skirt
the law and avoid anti-trust litigation that can stick.
There are occasional situations where USG
anti-trust actions are threatened and even started by the US Department of
Justice, such as what was done with Microsoft. ItÕs not that the USG gives a
damn about anti-trust, but this happens when it is attempting to blackmail a
large corporation like Microsoft to allow the NSA to infiltrate it and use it
for illegal spying on the public. The new virtual cartel motto: ÒOur competitor
is our friend, the consumer is our enemy.Ó Yes, the PE groups always leave between 5-7 competitors in
every sectors because it helps them avoid the charge
of creating a monopoly. However as the ADM case showed in secret undercover FBI
recordings of their Board Meetings, the few top competitors in their business
conspired to raise prices in lockstep and shared a common credo, Òour
competitor is our friend, the consumer is our enemyÓ.
This practice is detrimental to the middle class, because every time the
PE-owned firm acquires a competitor, they downsize, resulting in massive
layoffs for economy of scale of course, and these jobs are gone forever. The other detrimental effect of these large PEs
roll-ups has on the middle class is that this activity has a chilling effect
upon the entrepreneurs, the self-employed, and even bank lending. Once the nexus of control (the
beach-head) is established the PE acquires competitors as a part of the
roll-up.
As these PE-owned businesses grow, they
continually raise the bar for small businesses to compete. This is accomplished
in multiple ways. One way is if a small
business is to be a supplier to the PE-owned business, the PE-owned business
will impose impossible standards upon the small entrepreneur so strict that the
standards cannot be complied with. The net result is that the small
business that was a supplier loses a major customer which
cannot be replaced. Once that business is lost, layoffs within the small
business follow; this is how the layoffs propagate throughout the economy. The other manner in which small
business is harmed is the PE-owned business will have its own supply, chain which is typically owned by the same PE firm that has done the
roll up with that industry sector. Overnight the long term
supplier is out, and the new supply chain is in place. There is no way for the
small business to replace these lost customers.
The PE Virtual Cartel Model is a real and direct
national security threat to the American economy, American jobs, family income
and the American way of life as well as to our Republic.
The American people need to realize that the private equity (PE) model is a
serious danger to the economic security of the entire American Nation. The end goal of private equity companies is
to consolidate every aspect of American commerce, and give the consumer fewer
choices, while achieving Òeconomies of scaleÓ resulting in massive unemployment
and the destruction of multitudes of small business that have been successful
in the past, but find themselves facing bankruptcy and destruction.
This kind of massive PE induced corporate roll-outs
and resulting consolidation of American industry and jobs, makes it quite easy
for the top corporate controllers who run the PEs to
run America, and to acquire more and more profit, and to buy off and bribe more
politicians and USG officials. The top corporate controllers are themselves
controlled by the Organized Crime Syndicate aka Cabal (OCC).Take
the PE Cerberus Capital Management (of which George Soros is a principal) which
has acquired a number of US gun manufacturers. Apparently, it is now moving to
acquire grocery store chains. Or consider all the destruction that Walmart has done to small family businesses, many existing
for generations, using CIA enterprise drug money.
Actually, PEs are RICO crime begging for prosecution. Regardless of what these PE entities and associates claim, an honest US
Department of Justice could easily and successfully prosecute them for
constructive anti-trust and RICO for conspiring to fix prices and control the
market. Right now, because the US Department of Justice is so notably
corrupt, the only entity left which has constitutional
authority to do this is the Military High Command.
Who is actually behind most of the PE Òroll-upsÓ? Astoundingly, it is a group
of 147
major international corporations that have interlocked Boards of Directors.
Of this 147, there is a group of the top
50 that are even more powerful. Together these interlocked international
corporations constitute a secret shadow government (SSG) control structure and for the most part the SSG is controlled by the top kingpins of the
Organized Crime Cabal (OCC).
This roll-out consolidation process has
actually been planned and deployed by the Rothschild private Banksters. It is their view that it is much easier to
control the worldÕs various populaces, and especially the American people, when
all their businesses are rolled-up and consolidated.
Traditionally small business has been the backbone
of the American economy since this country was founded as a Republic.
Destruction of small business by this means seems innocuous, but has had
devastating effect upon the economy and yields massive unemployment on once
secure and promising jobs for highly skilled Americans. The Government assaults and asset
seizures against small farms and businesses using the EPA and absurd federal,
state and local regulations and zoning are knocking many of them out of
business for good. Many legitimate small family businesses are harassed by the EPA and
State and local agencies as well as Federal and State tax agencies. The
laws and regulations behind much of this is clearly
Unconstitutional and technically serves as an illegal restraint of trade by
Government entities. Of course those large 147 International Corporations who
share large attorney firms are able to successfully resist any such actions to
limit their enterprises. Water drainage laws, weird ridiculous building codes
often prevent farmers and homeowners from enjoying the land they paid for.
And some legal experts claim Real Estate Taxes are
completely Unconstitutional and most deeds show the buyer to be a ÒTENANTÓ
instead a a true owner. An now the FDA has joined
into this oppression of organic milk producers and farmers, and nutritional
product producer, even swat teaming many and seizing all their assets so they
have no money for attorneys and cannot access their or evidence held in their
sized in their computers to defend themselves. These agencies are so oppressive
they seem to have been trained by the Israeli anti-terror forces or the folks
that started and run Homeland Security (DHS).
What must be done to save America? : What must be done to save America
from the corruption of its elected politicians and its officials that have been
working hard to create their own retirement fortunes while allowing the asset
stripping and destruction of AmericaÕs economy and very existence?
The first thing is that all free trade agreements must be immediately
dropped and stopped and fully recognized as illegal and unconstitutional. Fair trade agreements must be put in place with reasonable tariffs that
create actual parity and encourage American manufacturers to come back to
America and new ones to emerge inside America. First, we have to start indicting, arresting and
prosecuting these OCC kingpins and their cutouts — that is arrest these
filth for their crimes against We The People and the asset stripping of America
and their work to destroy America the Republic.
Second, the corrupt elected politicians and USG officials who are owned
or controlled by the OCC are clearly in violation of numerous major US and
state felonies including RICO, espionage against
the USA, pedophilia, bribery laws for payments to foreign offshore numbered
account called ÒSet Aside AllocationsÓ, misprision of felonies and much more.
Therefore, the key is to get them indicted, arrested, tried and convicted for
these Capital crimes punishable by death.
Technically speaking, the US Military High Command now has the
constitutional authority to act because the US Department
of Justice has been shown to be completely corrupt, with a completely owned and
compromised Attorney General Eric Holder who is leaving the office and has been
hired by JP Morgan for an annual $77 million payoff salary.
Because of the involvement of foreign controlled
Israeli-American ÒIsraeli-firstÓ dual citizen traitors inside America who did
9/11/01 and run the OCC, and who have committed treason, the US Military High
Command now has the authority to arrest them, try them, convict them and hang
them on a military gallows like they did to the Nazi war criminals, who were
convicted and sentenced to death at Nuremberg.
An invitation for the new American Military High Command to take charge
and assert their Constitutional Authority. This article is an invitation and
a personal request to the US Military High Command who VT knows is staffed by
some serious American stand-up heroes who now fully understand that the OCC did
9/11/01 and all current so-called acts of terror: Please do your job and
arrest these traitors, infiltrators and enemies within our gates. At the end of the day the buck stops
with you. So please do your Constitutional duty, there is no one else at this
time empowered by the US Constitution to do so that is not compromised and
controlled by the OCC which makes them arrestable by you with full Constitutional Authority.
Note: The Columnists, Editors and Directors at
Veterans Today are working very hard to publish the real truth behind the
stories that the controlled major mass media (CMMM) will never dare to carry.
No other Internet journal has produced the depth of such information and facts
that VT has. Here at VT we work very hard to provide actual information on how
the world really functions behind the scenes, and have already provided a
substantial amount of never-before revealed information. And know this, we are
just getting warmed up, so stay tuned. Websites that dare to publish these
articles are on the right track. VT
is now the recognized leader in Òopen source IntelÓ which is the actual future
for all Intel, except for only a very small core of certain defense secrets
that must always be protected for operational reasons. Yes, it is a known fact
that thanks to the worldwide Internet, the New Gutenberg Press, various Intel
sources all over the world are dumping non-operational Intel into the public
domain making it Òopen sourceÓ in order to bring a worldwide correction against
the Organized Crime Cabal (OCC), which has run out of control and is now
threatening the very survival of the human race, every nation of the world and
the future of all high-level Intel agents and their families everywhere.
The OCC can not exist for
long as an intact powerful organization if their dirty secrets and actual modus
operandi are fully exposed. Without a wall of secrecy and the CMMMÕs continued dispensing of their big lies and
false-narratives, the OCC will be disempowered and crushed at every level over
a period of time. So please do your Constitutional duty and share this
information with everyone you can. We are not asking for a Coup dÕ etat. We are asking you to do your Constitutional Duty to
arrest the Foreign Agents of Espionage and the Organized Crime Cabal that break
all our Laws and use the law to oppress legitimate Whistle-blowers, Vets and
Patriots. And as Ambassador Wanta has said for at least the last ten years, what we
have occupying Political Office is not a legitimate Government, it is a foreign
run Organized Crime Cabal (OCC), and President
Reagan was the last duly elected President.
The US Constitution clearly gives our US Military
High Command the Right, the Privilege and the Obligation to arrest and
prosecute these foreign controlled enemies within our Gates of America for
their RICO crimes, endemic corruption, foreign based asset stripping of our
wealth, waging illegal, Unconstitutional, unprovoked, undeclared wars for
extreme profits. These OCC members are also clearly arrestable
and prosecutable for their ordering, authorizing and arranging Torture, a
prosecutable War Crimes and Crimes against Humanity like the Nazis who were
prosecuted at Nuremberg by the US Army, which is what you have the Right and
Obligation to do.
At VT we have worked hard to identify the OCC
principals by name, what they have done that is clearly illegal and
Unconstitutional and why they are Òenemies within the gates of AmericaÓ that
have hijacked our Monetary production and Distribution System, Congress, the
Judiciary and the Alphabets. You the High Military Command are our last hope
right now. Please do your job.
_Mike Harris is the Financial Editor of Veterans
Today, a radio host, a former GOP Finance Chairman, Gubernatorial Candidate for
Arizona, and a Senior Vice President of Adamus
Defense Group, Switzerland. Mike is an expert in full-contact mixed martial
arts. His long term expertise in such has gained him a
lot of respect and the nickname ÒIron MikeÓ. Mike was a part of the Veterans
Today group that attended the Damascus
Conference to Combat Terrorism and Religious Extremism. Mike gave
about twenty five televised interviews that were broadcast
to millions of viewers in Syria, Iraq, Lebanon and Iran. In these interviews
Mike emphasized and supported the historical declaration by Keynote Speaker,
Veterans Today Senior Editor and Chairman Gordon Duff that the real problem
behind World Terrorism is a large Organized Crime Syndicate