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The Story Of Inequality In The US: Past, Present And Future
In this far-reaching documentary, we are first treated to a history lesson from the early 80s to the present day - a story of lust, debt, and largesse; from Reagan deficits to cell phones to day trading to real estate... and then 2008 is explained (as reality started to peek through). The clip projects the next few years - from failed bond auctions to QE9 and social unrest - "but it doesn't have to be this way," the narrator notes. Breaking Inequality is a documentary film about the corruption between Washington and Wall Street that has resulted in the largest inequality gap in the history of America.
It is a film that exposes the truth behind the single event that occurred back in the early 70's that set us off on this perilous journey that we are currently on. The inequality gap is presently the worst that it has ever been and there is no solution in place to repair this crippling problem.
No country in the history of the world has ever remained a super power without a middle class and the road we are currently traveling doesn't include this all-important segment of the population. The old saying "As goes the middle class... so goes the nation" holds true even more today than ever.
We live in a world where governments can create as much money as they want in order to fund all kinds of wasteful projects, wars, handouts, and banker bailouts. The current system by design has transferred the wealth from average everyday Americans to an elite few who care not about the majority.
We have to change our destiny or the middle class will cease to exist in the United States of America.
Breaking Inequality exposes the truth behind the root of the problem and it provides a solution to help end it - starting at around 17:00
Spend 28 of your hard-earned minutes to understand how we got here, why any future predicated on the past is untenable, and what the solution could be...
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Absolutely agree, the populist "marketing plan" of having celebrities plead on behalf the soda-pop and potato chip consuming, dancing with the stars bedazzled, ill informed populous is a dead loser.
The financial cartel controllers will squash this effort faster than paper gold and silver can be dumped into the leveraged, re-re-re-hypothecated sham of "price discovery" markets.
To get back onto a functioning gold standard, ALL the hypothecations and re-hypothecations would need to be unwound, central bank leasing of gold ended and unwound, gold futures & forwards restricted to actual physical buyers and physical sellers, etc. leading to in essence, a cash market, no leverage.
Good luck with that.
Joseph Kony was arrested in 2012 by the powars of the internet. Oh no he wasn't. This video will have much the same influence: zero. And talentless Lady Gag-me can FOAD.
The gold standard is a lie that will lead to true plutocracy.
We DO need honest money, but we need it in form of a different economy.
No more lending from a central bank...countries have the power to issue their own currency.
No more fractional reserve banking.
We need to empower the people, not just a few gold hoarding men at the top.
I will stand with those trying to re-establish a legal government and free markets.
A gold standard is a good step.
The fact is that our enemy wears the face of congeniality. But if pressed, even the slightest, their true nature will be revealed for all to see.
It is worth the attempt. I will sign.
Not to disagree with you, but if you succeed in re-establishing a legal goverment (this needs to be defined very thoroughly) and free markets, the need for a gold standard would vanish. What you need is just a trusted currency. It is right that said trust comes inevitably and automatically with a gold standard, but it wouldn't be the only way to achieve that goal.
There is no legal government. If a system is violently imposed, it is inherently illegitimate. If a system is voluntarily adopted, it is not a government.
This has nothing to do with having a welfare state.
This is the inevitable mathematical conclusion of fractional reserve lending in a debt based economy...
The only way to get to a welfare state is to inflate fiat currency and borrow more than you take in so they actually go hand in hand.
We went off the gold standard in 1933; not 1971. What we had with Bretton Woods in 1944 was some sort of pseudo-gold standard. So, what kind of “gold standard” are these film makers pushing for?
if we ever get a chance to start over hopefully we'll take economic education more seriously. bankers do what congress allows them to do which does what we allow them to do. when you outsmart the majority sheep population you win. and the sheep were armed and did nothing.
No country in the history of the world has ever remained a super power without a middle class
___________________________
Yep, there is a long list of super powers to make such claim.
The 'american' middle class has reached the saturation point globally. The world, despite all the sacrificed, can no longer sustain such a population. It must be shrinked down.
The remaining part will be healthy as 'americanism' works to serve the best interests of the 'american' middle class.
Not that good of documentary. Plus, I'm not signing a petition that offers Gaga and Spears as part of the solution. Silly.
So the answer to the problem of massive inequality in America is to restore the gold standard. That's it? There is no talk of the immense damage of "Free Trade". There is no mention of the outsourcing of manufacturing and jobs. No talk about the flooding of the country of temporary foreign workers and illegal aliens. There is no talk of the oligarchs and there multinational corporations avoiding paying taxes. There's just one simplistic fix. I don't think so!
Simplicity is all that is needed, all those evils you call out are rooted in fiat currency and it's abuses. It really is that simple. Try reading The Theory of Money and Credit by Ludwig von Mises availabe at www.mises.org.
Everyone loves simple explanations and quick fixes. I'm not buying that old Ludwig has all the answers.
So is the problem a fractional reserve banking system, or the psychopaths that run it? Does it work if legitimate legislative limits were put on it and enforced?
Holy crap. Go to Justin Beiber and Lady Gaga and Boehner and Hillary to get this done. I liked the beginning of the video but then it goes off into lala land. A petition? Screw that. Buy physical gold and silver. Reject the dollar. A gold standard is never going to happen in DC. NEVER. It is like petitioning an alcoholic to only have one drink a day. This is insanely naive.
If the video does not piss you off, you are not breathing.
If you had a printing press in your basement cranking out hundreds by the sheet, how judicious would YOU be in it's use?
Particularly if you thought it's generous use would make everything 'work better'? Not to mention the fact that if your friends get first use of the money and if they get a little carried away at the casino, you'll be there to save them with mo' money?
Look at it that way and it's not psychopathic at all, it's common sense. By design. It only looks crazy if your on the bottom and suffering the ill effects, which they are not.
It's possible that Fractional Reserve could work on a much less fractional basis but the key feature would have to be a redeemable gold certificate note and the inability to offload risk or disguise it's true value.
Banks would become more like a utility and suffer from bad loan decisions.
Wonkier minds than mine have worked out how this could be implemented
Seems to me they may have glossed over some fine points... Like re-instating the gold standard will cause interest rates to spike dramatically. That because of this, borrowing will cost a lot more. Companies will have to slow expansion, and possibly cut jobs because of these borrowing costs. That anyone with variable rate debt (credit cards, ARMs, etc...) will not be able to service it. Most likely a recession or depression will follow.
So, if this is supposed to help the middle class, as it claims... will the middle class be helped by spiking interest rates? What will happen to the rich at this time?
Personally, I want a return to the gold standard. But if we are going to be "honest", let's prepare the middle class for what will come, the pain that will follow, and then the eventual glee of having a reserve based currency.
Of course, the problem is, the middle class will lose either way.
Slick......Bullish......We "R" Constatution.
The makers of this movie are behind the curve to say the least.
The production quality is top notch, but the premise is laughable. Weren't we supposed to be on QE8 by now according to a similar doc a couple years ago? Give me a break. Sensationalism at its finest.
Reagan 1980: "Our national debt is approaching one trillion dollars."
Those were the good ol' days.
BTW, there are some other good videos on their website: goldstandard2013.org
The Jews are the People of the Book, the oldest race on earth. By covenant revelation they see a high moral code. They teach their children to read and their struggles with God have left them on the road living by their wits. Though they are far from Him and His covenant image they can't shake it, they can distort it pitifully. Even though they kill Yahweh's prophets and His Annointed and they themselves have been slaughtered, Yet His hand is still upon them. Don't fuck with them.