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OECD Fears Middle Class Civil Unrest Is Coming

Tyler Durden's picture




 

Submitted by Martin Armstrong of Armstrong Economics blog,

tax it

This idea that we live in a world where government cares about us is just the biggest propaganda ever. Everyone one will only pursue their own self-interest. The OECD has interesting come out and warned that if governments are unable to stop the transfer of wealth to a small financial elite, the displeasure of the dispossessed middle class could easily turn and go against the prevailing governmental systems. The OECD has claimed to have discovered the existence of a veritable “lumpenproletariat” in the supposedly rich Germany. Even though the systems attempt to provide citizens with bread and circuses in the traditional Roman style to keep them quiet, such  tactics they warn may have now become obsolete after the ultimate circus is over – the World Cup.

The problem with all of these studies is the look at class warfare and not at the consumption of government. They do not follow the breadcrumbs. What if you take everything from the elites? Who will start businesses to create jobs? Who will be left to take as government pensions keep ticking away. In Germany, it has now surpassed 50% of the average persons labor goes to taxes.
 
There are a host of books coming out all about just taxing the rich more ignoring reducing the cost of government. The German bestseller “The plunder of the world” presents just another socialist agenda arguing that the rich get richer even in times of crisis, while the consequences of a crisis are always carried by the lower-income groups and the middle class. It fails to explain that the rich get richer from investment, not wage income. This is an argument to effective tax investment substantially to even out the disparity? But who then creates the jobs that produce anything? Is it that those who invest unfairly make money when the others pay too much in taxes and do not invest? Anyone who thinks that these books are real must be insane. If you think for one second raising the taxes on the rich will mean your taxes will decline – good luck. In Germany, Tax Freedom Day has passed the 50% and even in Canada it is now June 9, 2014. In the United States it is April 21st for 2014.
 
In France, the magazine Challenges has determined that the richest Frenchmen saw their assets in 2013 rise by 15% since they benefit from the profits in foreign companies. There is no discussion that government consumes too much – EVER!
 
German Debt Int%
 

The consequences of unequal distribution of wealth in the world is becoming the tipping point argued and funded by governments to blame the rich – never government. Nobody seems to be doing the math that if you confiscate all that wealth you end up with communism with taxation and government just keeps growing until it consumes everything. We borrow with no intent of paying anything back and that about 70% of the national debts is all interest that built no schools, reduced nobody’s tax bills, and did nothing for the middle class. This is fairly consistent in all major countries. Governments are trying to push interest rates exceptionally lower to reduce their deficits exploiting the middle class creating a disincentive to save even for retirement when it pays next to nothing.

The OECD is now warning like Picketty that a growing gap between rich and poor will erupt into revolution – not that government is taxing too much. According to the words of the OECD Secretary General Jose Angel Gurria, the problem since the global financial and economic crisis has exacerbated massive. “In the first three years of crisis, inequality increased more than in the twelve years before, “he told the Business Week”. On average across OECD countries, the top 10% of the population now earn 9.5 times as much as the lowest 10% but fail to explain this is from investment. Inequality has grown by 35% because stock markets are rising to escape from the craziness of government. The higher they rise, the greater the disparity.

The OECD claims this is clearly felt in the USA more so than Europe omitting the fact that the disparity comes from investment not wages. They they compare that to Europe claiming there is no welfare state in Europe so somehow this is implied to be better. The OECD then highlights supposedly rich Germany as a dangerous development with a rising disparity stating this is “namely that it is a lumpenproletariat, a very poorly trained and poorly paid part of the Arbeiterschich.

The argument now is the middle class civil unrest they know is coming is simply because they have not confiscated the wealth of the investors they call the financial elites. So if you invest and make any money, you are the new financial elites – sorry it is anyone who now invests. Michael Maier’s The plunder of the world is another book released to justify plundering the financial elites without actually identifying who they are. Sorry – it is you.

 

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Fri, 07/18/2014 - 18:32 | 4975606 q99x2
q99x2's picture

rich get richer from investment, not wage income

They get rich because of an immoral and primitive system based on greed. For 50 thousand years humans have acted like animals. Now they have technology. If technology is not used properly and equally distributed among the population the greed of a few willl destroy everyone.

Today's tech requires a distributed architecture that makes decisions based in the morality of the individual.


Fri, 07/18/2014 - 18:39 | 4975627 Super Hans
Super Hans's picture

I don't know. Most of my peer group (other dads at our private school)  still have decent jobs and GREAT retirement accounts, so they are blinded by the market and have NO idea what is really coming their way.  They see their investments as PROOF that the economy is just rocking!  But, I was one of them; and now I'm not.  I have time to watch and learn.  I've never seen anything like this; one scandal or traggedy almost everyday!  

I watched that movie Idiocracy; I'll tell you all, that we are really not that far off from that scenario.  

Fri, 07/18/2014 - 21:23 | 4976109 Jackagain
Jackagain's picture

Kindly tell them that Wall Strret doesn't equal Main Street. 

Fri, 07/18/2014 - 18:52 | 4975667 Offthebeach
Offthebeach's picture

Long organ harvesters, titanium implant recyclers, and of course, hair and gold teeth stacking.

The rest to soap.

Fri, 07/18/2014 - 18:59 | 4975678 Yen Cross
Yen Cross's picture

 Don't be a stranger... That comment was priceless!

Fri, 07/18/2014 - 19:52 | 4975839 messymerry
messymerry's picture

The rest to soap...

...or Soylent

Fri, 07/18/2014 - 18:53 | 4975670 cornflakesdisease
cornflakesdisease's picture

Martin Armstrong is a worn out NWO hack on par with Jeffery Christian.  The word boob comes to mind and I have corresponded with the man.  He's not relevant.

Fri, 07/18/2014 - 18:54 | 4975672 mijev
mijev's picture

Where does he get this notion that rich people create jobs? Companies like microsoft, Apple, Ford, FB and countless others weren't started by rich people.

Fri, 07/18/2014 - 19:11 | 4975706 virgilcaine
virgilcaine's picture

Martin was obviously not rehabilitated while incarcerated.

Fri, 07/18/2014 - 19:18 | 4975730 Moccasin
Moccasin's picture

The Indigenous Dictionary
Reservations = Internment Camps
Treaties = Theft by force
Freedom = 2nd. class citizen unless you can buy freedom or a good lawyer
Education = Death of culture and language
-----
This time, today, it will be different. If the government refuses to allow peaceful protest and refuses reform then 'we the people' have no choice but to face tyranny down and prepare the ghost dance for all of us who fall in this fight. A fight nobody wants except for those who have a monopoly on violence (Government), A fight that has been foisted on us again, a fight for survival. It is truly wicked when simply surviving is a rebellious and revolutionary act. 

Sat, 07/19/2014 - 05:40 | 4976579 August
August's picture

>>>prepare the ghost dance

Truly, some worlds are not worth living in.

Fri, 07/18/2014 - 19:20 | 4975741 Atomizer
Atomizer's picture

Great comments. Advice, pay off your debts and stay out of debt. The day's of Edward Bernays are over, why do you think that bat shit tranny was promoting a talking shopping cart? 

Fri, 07/18/2014 - 19:48 | 4975821 snblitz
snblitz's picture

There seems to be some confusion as to whether government or corporations are the bad guys and/or who is the primary bad guy.

The primary bad actor is the one in posession of coercion.

No coercion means free trade.

Oddly, the US government was created to minimize coercion and has instead turned out to be its biggest proponent.

That the government sells it coercive capabilities to companies still leaves the government as the primary bad
actor.

Fri, 07/18/2014 - 20:54 | 4976027 Lord Koos
Lord Koos's picture

You seem to be confused that the government and large corporations are two different things... they are not, it's the same people.  

Fri, 07/18/2014 - 22:27 | 4976275 Salsipuedes
Salsipuedes's picture

But that's the very definition of Fascism! What? That's the way it's been for 40 years? Oh......Nothing to see here folks...let's move on.

Fri, 07/18/2014 - 19:54 | 4975844 MedicalQuack
MedicalQuack's picture

Good video here from Larry Summer's former Quant at DE Shaw and yes she' on our side, not his:)  She's writing a book to be called "Weapons of Math Destruction"

Modeling for inequality with segmentation..we're all being "code hosed" if you will.  You folks know how money is moved on markets with algorithms, well it's all over in other places too.

http://ducknetweb.blogspot.com/2013/04/modeling-for-inequality-with.html

There's more of these videos at the Killer Algorithm page and thanks this side I added a couple of the "Gold" documentaries too at the end.

http://www.ducknet.net/attack-of-the-killer-algorithms/

I just assumed Google bought that killer robot company to put those things out in front of their data servers to protect as things get worse:)

Fri, 07/18/2014 - 20:23 | 4975934 Karaio
Karaio's picture

First, the U.S. will need to get used to the metric system. 

1quilo corn 

1 liter of gasoline, 

1 meter fabric. 

Secondly, begging for that role to change pounds for goods. 

Third, ask for support from other nations to bring back its military to homeland. 

Fourth, pray on his knees to the Civil War will end soon. 

That all the world is about to see happen. 

Unfortunately. 

:-/

Fri, 07/18/2014 - 20:57 | 4976042 Sheppy
Sheppy's picture

Do you English much?

Sat, 07/19/2014 - 10:14 | 4976774 Tall Tom
Tall Tom's picture

Just another fucking Grammar cop...

 

If you can read this then I am not impressed.

 

Most people can read.

 

If you can comprehend this then that is another consideration.

Fri, 07/18/2014 - 20:38 | 4975976 EBT excepted
EBT excepted's picture

Roll the guillotines...the reason for which the wheel was invented...

Fri, 07/18/2014 - 21:01 | 4975977 Lord Koos
Lord Koos's picture

"It fails to explain that the rich get richer from investment, not wage income."

 

Oh bullshit -- a lot of people get rich by ruthless exploitation and inheritance. Especially the .1%


Fri, 07/18/2014 - 20:45 | 4975998 escargot
escargot's picture

This is--without a doubt--the most incoherent piss-poorly written article I think I've ever read on ZH.

"This idea that we live in a world where government cares about us is just the biggest propaganda ever."

Seriously?  That's the best you can do for an opening line?  This idiot needs to take a refresher course in rudimentary English composition.  Jesus Christ.....

 

Fri, 07/18/2014 - 21:04 | 4976061 Atomizer
Atomizer's picture

If we went back in time, how would of you have written this story!

Let be honest. You have been given time to remake your version of story. 

Spill the beans or STFU.. Waiting with baited breath.

Sat, 07/19/2014 - 10:36 | 4976823 Proofreder
Proofreder's picture

bated breath.

learn to use the language correctly.

 

Fri, 07/18/2014 - 21:17 | 4976095 Atomizer
Atomizer's picture

BTWEscargot is a french slow moving snail.

Fuck you buddy.

Sat, 07/19/2014 - 10:20 | 4976783 Tall Tom
Tall Tom's picture

So we have been inundated with Grammar cops whom want to criticize writing styles rather than the substance of the material presented.

 

It is just demonstrative of the shallowness of their thinking processes.

 

Do not get so fucking bent at them. When you do then they win.

 

Laugh at them and poke fun at them. Of course do so in a way where it will go above their heads. Use rhetoric that is worthy of the educated on ZH.

 

Then you get the good laugh while they are confused.

Fri, 07/18/2014 - 20:50 | 4976015 Sheppy
Sheppy's picture

This was obviously written by either a foreigner trying to work on their english skills, or Al Sharpton. Either way, they're a bit late with this info... the middle class has been circling the drain for several years now. It's when the wefare cash runs dry that you'll really see the civil unrest... good thing DHS has plenty of time to collect all the ammo the world has to offer. They're going to need it.

Fri, 07/18/2014 - 20:55 | 4976035 escargot
escargot's picture

Yep...the welfare cash is the only reason the sheeple haven't gotten uppity already.  That and X Factor, of course, among other circuses.

Fri, 07/18/2014 - 21:12 | 4976076 mcsean2163
mcsean2163's picture

Why all the government bashing, it's boring and annoying.

 

It seems the authors of many of these blogs believe happiness is a concrete road and a house full of crap.

Fri, 07/18/2014 - 21:11 | 4976078 mcsean2163
mcsean2163's picture

Why all the government bashing, it's boring and annoying.

 

It seems the authors of many of these blogs believe happiness is a concrete road and a house full of crap.

Fri, 07/18/2014 - 21:21 | 4976102 Jackagain
Jackagain's picture

"War is when your government tells you who the enemy is - revolution is when you figure it out for yourself."

Fri, 07/18/2014 - 21:15 | 4976089 VWAndy
VWAndy's picture

Think global stall.  When enough of honest folks stop working it all grinds to a halt.

You must figure the rest out yourself. Noone can or should need tell you what is right or when too do it.

 

 

Fri, 07/18/2014 - 21:32 | 4976136 22winmag
22winmag's picture

Great way of putting it. Sort of like the closing scenes in Zeitgeist Moving Forward.

Fri, 07/18/2014 - 23:03 | 4976347 TomGa
TomGa's picture

THnks global strike.  Similar to, "The Strike," Ayn Rand's original name for "Atlas Shrugged."

Sat, 07/19/2014 - 04:15 | 4976536 hootowl
hootowl's picture

Starve The Beast!

If you pay tax on your earnings, you are an idiot.  You are financing your own destruction.

Fri, 07/18/2014 - 21:19 | 4976099 Jackagain
Jackagain's picture

An interesting tidbit from a retired border patrol officer:

https://www.youtube.com/watch?v=ZnkSXosZhic

Fri, 07/18/2014 - 21:27 | 4976119 22winmag
22winmag's picture

Sure, the rich get rich from investments moreso than income, but the truth of the matter is the interest *earned* from these "investments" is really just interest *paid* by poor people on loans.

Fri, 07/18/2014 - 21:59 | 4976195 honestann
honestann's picture

You're kidding, right?  What a hit piece for the NWO!!!  So, what people want is NOT to be free, and NOT to see an end to being ripped off and held down and enslaved.  No, nobody cares about that, right?  All people care about is... seeing richer people treated the same? Typical bogus divide and conquer scam.

Sigh.  What do you imagine the NWO has in store, anyway?  Destroy EVERYONE, starting at the bottom and moving all the way up, stopping only at the top 0.001%.  In case anyone didn't notice, that includes most of the rich too.  Only the infinitesimal tip of the pyramid will be saved from death and destruction.

The only reasonable attitude is... leave us and everyone else alone, then hunt down and hang that 0.001%, followed by everyone in the 0.01% and 0.1% and 1.0% who helped them (not to mention everyone in the top 99% who worked for the police-state).

Sat, 07/19/2014 - 09:40 | 4976720 PoliticalRefuge...
PoliticalRefugeefromCalif.'s picture

It's impossible to fool an honestanne..

Fri, 07/18/2014 - 23:12 | 4976360 Karaio
Karaio's picture

Any cable over 5 meters and three wires, one is ground, two are "phase" (110v +110 v). 

Play a bare cable that closes short Cirquito. 

hehe.

Fri, 07/18/2014 - 23:48 | 4976387 VWAndy
VWAndy's picture

Just a thought.

 We might want to start refering to the former middle class as the working class.

Sat, 07/19/2014 - 01:31 | 4976471 Zeta Reticuli
Zeta Reticuli's picture

I would think that Americans pay at least 50% of their gross income on taxes. Even after a taxpayer gets his "after-tax paycheck", he spends it on consumer goods whose price covertly includes more taxes.

Sat, 07/19/2014 - 16:49 | 4977872 css1971
css1971's picture

Well right off the bat in Germany you get around 47% removed at source. You never see it.

Then when you buy anything, they take another 20%. So realistically the taxation rate is around 67%

Sat, 07/19/2014 - 01:34 | 4976477 Lookout Mountain
Lookout Mountain's picture

Middle class? Not in America, anyway. They are too connected to SSA, IRA, 401K, and Medicare. Think about those on welfare who have been on welfare and expect to be on welfare forever because it's owed to them. Think South-Central LA. Think violence like you haven't seen it, but not from the middle class. They are ones the EBT card holders will be coming for.

Sat, 07/19/2014 - 01:41 | 4976483 Yes_Questions
Yes_Questions's picture

 

 

No too O/T, but there's a Dead Bankster in The Purge: Anarchy.

 

take your kids!

Sat, 07/19/2014 - 02:11 | 4976488 Dublinmick
Dublinmick's picture

Why would they think that, everything is going so well?

Sat, 07/19/2014 - 03:33 | 4976518 Eahudimac
Eahudimac's picture

"Inequality has grown by 35% because stock markets are rising to escape from the craziness of government."

 

LOL. WTF is this guy talking about? The stock markets are rising because of the craziness of government. A balanced budget would crash the markets faster than shit though a goose. And central banks all to willing to print fiat like it is going out of style to support governments.  Modern governments and centgral banks. You can't have one without the other.  

Sat, 07/19/2014 - 03:47 | 4976532 AnAnonymous
AnAnonymous's picture

'Americans' and their approach to simple math is as usual as bewildering.

'Americans' love to use simple math because it makes their deal so obvious: they offer big, thick lies and you take them or you oppose them. Litmus test to tell who is who.

Since government in 'american' societies are only a fraction of the total consumption performed, how will the scenario happen?

That 'american' propagandist tries to cover up for the 'american' middle class.

There is no reason for distinguishing public and private consumption in this overconsumption problem. But pointing at the excess of the consumption in the private sector indicts directly the 'american' middle class so it is a big no for an 'american' propagandist who looks for the approval of the 'american' middle class.

The funny thing is that he and an 'american' governmental personal are in the same business: pleasing the 'american' middle class at all costs.

Sat, 07/19/2014 - 05:30 | 4976573 Batman11
Batman11's picture

A society where 10% do well, 1% do very well, rising exponentially upwards through the 0.1%, 0.01%, 0.001%  .........

and the 90% get poorer is a democratic time bomb.

At the moment the 10% have two parties looking after their interests, the Rebublicans and Democrats.

When the 90% get a party looking after their interests things will change.

(New parties are springing up across Europe and the US has already produced the tea party.)

 

 

Sat, 07/19/2014 - 05:34 | 4976575 Batman11
Batman11's picture

In the UK we have three parties that are essentially the same, LibLabCon (Liberal Labour Conservative) and a new party UKIP seemed to frighten the life out of our establishment and media.

Democracy can bring change, we have just forgotton how.

Parties that offer real change, not the establishment (establisehed) parties who offer no real choice at all.

 

 

 

Sat, 07/19/2014 - 10:36 | 4976820 Tall Tom
Tall Tom's picture

THERE ARE NO POLITICAL SOLUTIONS.

 

That is a Dream away.

 

The current state of affairs is evidential to that point. The system degenerates because power corrupts and absolute power corrupts absolutely.

 

All Political Systems are doomed to degeneration as corruption acts upon them just as Entropy acts upon Physical Energy availability.

 

If you are placing your faith into any political solution then your faith is misplaced while you are setting yourself up for disappointment.

 

Self interest and anarchy seem like that it is the only alternative which may prove viable. The enemy of anarchcapitalism is the tendency for people to group, collectively, to achieve their agendas over that which is beneficial to one's self. So I have not much hope for that as a solution either.

 

So what do you do? Do as you please and do whatever it is that will benefit you and your family. Do the very best that you can to insulate yourself and your loved ones from the forces of evil and corruption.

 

Place your faith into God Almighty, pray for the best while preparing for the worst.

 

And by all means do not trust ANY GOVERNMENT.

Sat, 07/19/2014 - 16:44 | 4977862 css1971
css1971's picture

Till there is monetary reform there will be no real substantive change. Doesn't matter who you vote for.

Oh and you'll find that monetary reform is never on the manifesto of any of the major parties.

Sat, 07/19/2014 - 06:49 | 4976602 lakecity55
lakecity55's picture

dupe.

everyone carry on

hunker down........

Sat, 07/19/2014 - 06:47 | 4976604 lakecity55
lakecity55's picture

DOS attck on ZH???

Hope this goes thru

Here in Asia, combined muslim hindu christian contacts DO NOT think Russia would fire or permit fire on MA.

Suspect grab for OIL, suspect Power grab by TPTB for OIL
Suspect PTB trying to derail BRIC Bank.
Individuals here suspect The Money Power.

Two contacts suggested connection with missing MA aircraft two mos. ago.

US Media now heavily censored.

Modi's aircraft AI 1 and Putin's RF 1 near missile launch area, Indian Press.

-30-

Sat, 07/19/2014 - 08:40 | 4976654 smacker
smacker's picture

"DOS attck on ZH???"

I think you might be right. I've had big problems accessing anything past the front page today - unable to load article pages - and also similar problems at other times over the past few days.

It can only be .gov spooks.

Sat, 07/19/2014 - 09:35 | 4976710 Atomizer
Atomizer's picture

Traffic related. This info came directly from Tyler. 

Let's all help to manage the broadband spectrum limits. Donate, so we can keep the site free. He is going to hit 250k on a thread in future.  

Sat, 07/19/2014 - 09:48 | 4976735 smacker
smacker's picture

Traffic related? Well, if Tyler says so, it must be right.

But please note that I had big problems this morning from before 8:00am London time thru to maybe one hour ago.. I'd guess that most of America is in bed at that time, where most usage comes from. It doesn't make sense.

Sat, 07/19/2014 - 10:43 | 4976844 Tall Tom
Tall Tom's picture

I agree. I believe that it was a DOS attack. I was up all night during the "lean hours" while most of America is asleep.

 

My computer was also affected during the times when I was attempting.

 

I believe that Google Ads (an NSA affiliate corporation) were involved. The loads from them were quite amazing and continuous when I did get the front page loaded.

Sat, 07/19/2014 - 12:06 | 4977013 smacker
smacker's picture

Quite so. And of course a "DoS attack" is "traffic related".

Sat, 07/19/2014 - 16:57 | 4977895 The Wedge
The Wedge's picture

The Hedge has had some links on Drudge in the past couple of weeks. Getting mentions here and there so more traffic makes sense.

Sat, 07/19/2014 - 07:19 | 4976624 RabbitOne
RabbitOne's picture

Citizens either control their government or their government controls them. Some of the age old lessons are:

-          -

When you are the average man and you look to government for economic security, government will take what you have, distribute it to the wealthy elite and the needier and make you one of the needier.

-          -

When you are the average man and look to government for political security for your freedom, government will build security forces that limit your freedom.

-          -

Government does not care about its citizens. Government’s first priority is to keep big government in place, feed its cronies and continue to take more power.

-          -

The majority of deaths in this world are not from natural causes or disease but rather deaths from governments trying to survive (that is wars, economics, etc…).

-          -

Given the choice between letting its average man prosper and be happy or taking from the average man his wealth to make him miserable, the government and its cronies will take its citizens wealth (and blame others for the confiscation) in order to build a larger government with more political power until the average man revolts.

 America’s founders recognized what evil big government can do to the average man. That is why they wrote the U.S. constitution. In it they specify with statuettes rules to force politicians to build a small U.S. government. However, our constitutional government has been subverted by slick politicians, big money and ignorant citizens who no longer understand how our government is supposed to function. History says that people at some point will have enough of big government oppression and take their government back so the cycle may begin again…   

Sat, 07/19/2014 - 07:19 | 4976625 RabbitOne
RabbitOne's picture

Citizens either control their government or their government controls them. Some of the age old lessons are:

-          -

When you are the average man and you look to government for economic security, government will take what you have, distribute it to the wealthy elite and the needier and make you one of the needier.

-          -

When you are the average man and look to government for political security for your freedom, government will build security forces that limit your freedom.

-          -

Government does not care about its citizens. Government’s first priority is to keep big government in place, feed its cronies and continue to take more power.

-          -

The majority of deaths in this world are not from natural causes or disease but rather deaths from governments trying to survive (that is wars, economics, etc…).

-          -

Given the choice between letting its average man prosper and be happy or taking from the average man his wealth to make him miserable, the government and its cronies will take its citizens wealth (and blame others for the confiscation) in order to build a larger government with more political power until the average man revolts.

 America’s founders recognized what evil big government can do to the average man. That is why they wrote the U.S. constitution. In it they specify with statuettes rules to force politicians to build a small U.S. government. However, our constitutional government has been subverted by slick politicians, big money and ignorant citizens who no longer understand how our government is supposed to function. History says that people at some point will have enough of big government oppression and take their government back so the cycle may begin again…   

Sat, 07/19/2014 - 07:29 | 4976630 Comte d'herblay
Comte d'herblay's picture

If it wasn't for the Bodacious Ta-Tas, and superb partially covered asses of the female of the species on this site, I would likely  have to move off to a LBFM channel.

Keep UP the good work.

It makes some of this very depressing information, however beneficial it is to know about it, a little less choke-ey  to take in.

I just wish that nature saw fit to distribute these assets more equitably among the women of the world. 

Sat, 07/19/2014 - 08:20 | 4976632 Jack4952
Jack4952's picture

Oops!  ZeroHedge.indicated that my comment (ABOVE) had NOT uploaded. So I sent it again.

 

 

 

Sat, 07/19/2014 - 08:27 | 4976635 Jack4952
Jack4952's picture

 

Oops!  ZeroHedge.indicated that my comment (ABOVE) had NOT uploaded. So I sent it again.

 

 

Sat, 07/19/2014 - 08:31 | 4976636 Jack4952
Jack4952's picture

Thomas Jefferson said it best: “When governments FEAR the people there is liberty. When the people FEAR the government there is tyranny.”

“The several states composing the United States of America are NOT united on the principle of unlimited submission to their general government; but by a compact under the style and title of a Constitution for the United States, and of amendments thereto, they constituted a general government for the special purposes [and] delegated to that government certain definite (defined) powers and whensoever the general government assumes undelegated powers, its acts are unauthoritative, void, and of no force. To this compact each state acceded as a state, and is an integral party, its co-states forming, as to itself, the other party. The government created by this compact was NOT made the exclusive or final judge of the extent of the powers delegated to itself, since that would have made its discretion, and not the Constitution, the measure of its powers.”

 

Please note that Jefferson, who always used words very carefully, used the word FEAR: that the government should FEAR the people. NOT "respect", not "treat fairly", not "submit", etc. His word was FEAR.

So, today in America, WHO fears WHOM?

Do the politicians, bureaucrats, IRS, DHS, TSA, FBI, police and other government agents FEAR YOU? Or do you fear THEM?   Your answer to this simple question will provide you with answer of whether we live in an America with LIBERTY or an America under TYRANNY.

-- Jack4952

 

 

 

Sat, 07/19/2014 - 09:48 | 4976736 PoliticalRefuge...
PoliticalRefugeefromCalif.'s picture

.."the only good bureaucrat is one with a gun to his head, put it in his hand and it's goodbye Bill of Rights"..HLM.

Nothing has changed for the better, the only thing I might add to that undeniable truth is to include elected officials as well- ballots have become as worthless here as in Venezuela or any other banana republic.

Sat, 07/19/2014 - 17:27 | 4977968 MASTER OF UNIVERSE
MASTER OF UNIVERSE's picture

Thomas Jefferson was the greatest American that ever lived IMHO. If

the American people simply studied the history of just Thomas Jefferson

you would all be much better off today. Americans are not all bad and

there are many that are worth honouring from politics to art. Americans

are an inherently decent people but your politicians have sold out on lines of ethics that someone like Jefferson would never have done. Jefferson warned all Americans and the government saw to it that it took you all collectively down the garden path to Hell.

RISE UP, AMERICA.

OCCUPY HISTORIOGRAPHY - OCCUPY EVERYTHING

Sat, 07/19/2014 - 08:33 | 4976649 Karaio
Karaio's picture

Mio Dio! 

If you kick the bag dare say that President break someone's teeth in BusinessInsider. Kkkkkkkkkkkk!

Sat, 07/19/2014 - 09:09 | 4976669 ak_khanna
ak_khanna's picture

The whole system of crony capitalism works towards making a minute portion of the population rich at the cost of the others. In true capitalism, weak and inefficient organisations fail to be replaced with better managed ones whereas in the current democratic system those very incompetent organisations are made bigger by tax payers funded bailouts.

llusion of Democracy today.

People sponsored by the rich, make false promises to the masses to get elected. Distribute national wealth amongst themselves and their sponsors (Industrialists) and when that is not enough borrow money from rest of the world and continue the distribution process. The borrowed money has to be paid back by taxing the masses keeping in mind that tax rules are made such that the politicians and their sponsors pay minimum or no taxes.

End of political tenure, rinse and repeat till the whole system breaks down and the world wealth is cornered by a minuscule of the population.

http://www.marketoracle.co.uk/Article40231.html

Sat, 07/19/2014 - 09:14 | 4976677 Loophole
Loophole's picture

There will always be people who produce little or nothing. This means that in any growing, advancing economy, the "gap" between the rich and poor will be widening. It also means that inflation will increase that gap, and over time here today, that's a LOT.

Also, where does it say that income should be equal?

People are entitled to what they produce, and some produce far more than others.

Leftists who produce little or nothing are just rationalizing their hatred and exploitation of very productive people with this BS.

It's the degeneration of our formerly capitalistic economy into a socialistic economy that is giving us elites who are getting rich at the expense of others.

Exhibit A: the Clintons.

Sat, 07/19/2014 - 13:54 | 4977398 withglee
withglee's picture

There will always be people who produce little or nothing.

Yes. We call them "the rich".

 

Sat, 07/19/2014 - 16:51 | 4977878 StupidEarthlings
StupidEarthlings's picture

That comment was pretty good actually. 

 

I think some people dont get it.

Sat, 07/19/2014 - 09:25 | 4976695 barre-de-rire
barre-de-rire's picture

wtf ZH blank page for a while....? is anyone having nsa sticked into its ass ?

 

 

Sat, 07/19/2014 - 09:39 | 4976717 Atomizer
Atomizer's picture

Yes. Read above. Reload page. Finally, calm down. You sound like me two days ago. 

/sarc

 

Sat, 07/19/2014 - 09:54 | 4976744 barre-de-rire
barre-de-rire's picture

sounds only, but not being like.

 

just a web site down, i dont give a shit about nsa i dont live in usa you wont C4 my car while i sleep.

in europ you have rights to protest & spit properly in face of system without being shot, we are not like you.

so, fuck nsa :)

Sat, 07/19/2014 - 12:03 | 4977004 IridiumRebel
IridiumRebel's picture

We all are in the sights of being fuckered. You all in Europe are not any more special and they will fuck you just as much. Keep the free flow of info rolling. It is the best weapon.

Sat, 07/19/2014 - 12:52 | 4977154 barre-de-rire
barre-de-rire's picture

who said we are special... in any technical side europ is 15 years behind usa. special in the fact we follow you until our faces are stuck on your balls. yes. very special.

if you were a young nice cunt, i 'd not say no, but as a u are a big hairy guy, sorry i pass :).

 

 plus i'm already busy with my own .gov 's dick in my ass i cant really sit down actually.

Sat, 07/19/2014 - 09:50 | 4976739 rsnoble
rsnoble's picture

Government keeps rolling along like business as usual.  The economy is great!!!  Great news rolls all the way down to your local courthouse who justifies keeping all it's high payed and benefited parasites employed by sticking tax bills up your ass.  Don't like it? NO problem will just sell your ass down the road to the next tax slave.  Fuck these people.

Sat, 07/19/2014 - 10:13 | 4976770 U4 eee aaa
U4 eee aaa's picture

Another nasty bit of propaganda is that it is the elites that create jobs. It is small businesses that create jobs. All those little folks earning between $50K - $250K that have under a dozen employees and are working 16 hour days are the ones that create the bulk of jobs.

At least that used to be the way it was. With the government squeezing them for every penny and compliance eating up their productive work hours, they are probably being slowly strangled to death....coincidentally, at the same time the middle class is.

The worst part is they can't defend themselves because they are too busy working. If the rest of us don't defend them, then a key component in our economy fails, the elites win and we get the garbage wage jobs that they decide to give us....if at all

Sat, 07/19/2014 - 13:50 | 4977384 withglee
withglee's picture

Another nasty bit of propaganda is that it is the elites that create jobs. It is small businesses that create jobs. All those little folks earning between $50K - $250K that have under a dozen employees and are working 16 hour days are the ones that create the bulk of jobs.

How can this be true when over 1/2 of the people work for the government or are dependent on the government? The government is far and away the largest creator of jobs ... and that creation is going up geometrically each year.

This problem won't be solved until the few remaining people not dependent on government withdraw their support of government (likely by becoming dependent on the government like the others).

Seems to me that the inevitable collapse should have happened by now. But they are boiling frogs, raising the temperature a little each year. They have raised the temperature more than 100% in my 50 year career. The same rate over the next 50 years will bring them well past the boiling point.

The resulting calamity will be widespread starvation. Even after the collapse, there will be few who remain capable of supporting themselves in any way ... and they will plunder those who can.

Sat, 07/19/2014 - 10:21 | 4976784 JRobby
JRobby's picture

the displeasure of the dispossessed middle class could easily turn and go against the prevailing governmental systems

 

WHEN?

Sat, 07/19/2014 - 10:52 | 4976864 optimator
optimator's picture

The only way all this can be corrected fast is to give each and every Congressman and Senator a hundred dollar bill, cash under the table, for every billion they honestly cut spending.

Sat, 07/19/2014 - 11:23 | 4976917 Franktastic
Franktastic's picture

how to beat the system from your arm chair.

 Civil Disobedience.

"Withholding payment of taxes is one of the quickest methods of overthrowing a government"
Mahatma Gandhi

 

a GOV\CORP reset is required, they just keep doing the CrAzY shit...and it will not heal on its own.

 

the people need to take a stand...or learn to live on their knees.

Sat, 07/19/2014 - 11:35 | 4976947 Jackagain
Jackagain's picture

The hard part is getting everyone to do that at once...

Sat, 07/19/2014 - 11:45 | 4976962 Vendetta
Vendetta's picture

the "investments" are in slave wage business models.  Its not like savvy investment schemes making the next great widget, its labor arbitrage around the world.  This article misses the real picture entirely.

Sat, 07/19/2014 - 11:45 | 4976965 Jackagain
Jackagain's picture

Even the honest soldiers and retired cops know unrest is coming...and that the elite are preparing for it out of fear. 

Watch the first 2:23 of this:  https://www.youtube.com/watch?v=UJiQkKoIeFw

And what this retired border patrol officer has to say:  https://www.youtube.com/watch?v=ZnkSXosZhic

Sat, 07/19/2014 - 11:48 | 4976974 Inthemix96
Inthemix96's picture

Hmm, either ZH has a fuck load of traffic, or you're under a DDOS attack mate/s.

Anyhow, middle class unrest?  Fuck off, it will come from where you least expect, as it fucking always does, thats one of the many problems we face as a 'Global' community you see, you know history?  We never learn from it, and the big men, the 'Bosses' they know this, now fucking learn from it.

As an aside, people must be waking up.  As I speak upwards of 15,000 people are marching on the Isreali embassy in London.

Its time we unravelled this whole shit show, as a collective force and make them who believe they are 'Born To Rule' they answer directly, and universally to us fuckers.

And to the spy boys, you had better file, and archieve what you be reading, and take the fucker in.  History, will be very unkind in 'Your' case.

;-)

Sat, 07/19/2014 - 12:01 | 4976998 IridiumRebel
IridiumRebel's picture

it's DDOS. Means we here on ZH are on to something. I would like to make a note to all who create and foment the fuckery.You cannot stop the freeflow of info.

Sat, 07/19/2014 - 11:50 | 4976978 TradingTroll
TradingTroll's picture

Canada's tax freedom day is 2 months after US because of free medical.Having lived and worked in the US for several years before returning to Canada I can say my family's $1700/mo Aetna plan was no better than Canadian free. Adjusted, Canadian tax free day may be sooner.

 

 

 

 

 

Sat, 07/19/2014 - 12:07 | 4977014 L3G4CY
L3G4CY's picture

En route pour la révolution!!!

Sat, 07/19/2014 - 12:19 | 4977043 Boubou
Boubou's picture

Time for nsagchq to step in and spread a nice calm dog-like submissive state to few who have not already been lobotmized by the mass media.

Sat, 07/19/2014 - 12:20 | 4977050 Youri Carma
Youri Carma's picture

OF THE NOBEL PRIZE IN ECONOMICS JOE STIGLITZ:

IMF same exact four-step program:

1.0 Privatization 'Briberization.'

2.0 IMF/World Bank capital market deregulation allows investment capital to flow in and out the "Hot Money" cycle.

3.0 Market-Based Pricing, a fancy term for raising prices on food, water and cooking gas

4.0 IMF and World Bank call their "poverty reduction strategy": Free Trade- "The IMF riot."

http://www.gregpalast.com/the-globalizer-who-came-in-from-the-cold/

Sat, 07/19/2014 - 12:52 | 4977155 Zero Govt
Zero Govt's picture

'OECD Fears Middle Class Civil Unrest Is Coming'

OECD Fears Middle Class

Fixed It

 

Sat, 07/19/2014 - 13:25 | 4977291 lasvegaspersona
lasvegaspersona's picture

This is clunky writing...did Martin have this translated from German?

Sat, 07/19/2014 - 15:29 | 4977659 paint it red ca...
paint it red call it hell's picture

I suspect armstrong is merely fulfilling terms of his release with sideways support of NWO agenda.

Lack of clarity in his writing could be deliberate revealing halfheartedness in fulfilling his parole obligations. Surely a conditional release from political incarceration has subjected his integrity. Either that or he is a shill.

Oh, wait, either way he is a shill.....

Sat, 07/19/2014 - 14:10 | 4977407 RabbitOne
RabbitOne's picture

If our current government believes that middle class unrest is coming it is obvious to me what will happen. In order to prevent possible future riots that become unruly Obama will prepare, after the fall elections, to confiscate all firearms in the U.S. rather than risk confrontations that could turn bloody over middle class unrest…

Sat, 07/19/2014 - 13:57 | 4977409 Pumpkin
Pumpkin's picture

This idea that we live in a world where government cares about us is just the biggest propaganda ever.

 

They do care about us.  They care in that they want us to remain oblivious about the truth about their treason and manipulation.

Sat, 07/19/2014 - 15:55 | 4977726 falak pema
falak pema's picture

Damn right, all the while the Kochadoodles, the Rockafellas and the Oil Lobby fellas REALLY do care about your future! 

You got that right! 

Lets drink to Tafta and Trans pacific and the MIC lobbies that inundate the world like in Ukraine. 

Sat, 07/19/2014 - 14:32 | 4977504 VWAndy
VWAndy's picture

The Boondock Saints was a good movie.

Sat, 07/19/2014 - 15:53 | 4977723 falak pema
falak pema's picture

While it rains tragic proxy war collateral damage bodies in Ukraine; while the US HFs try to blackmail Argentina using Pax Americana law imposed on the world; China is on a junket to take over the soft underbelly of the US empire, in South America where gringo moneybags are not welcome.

Prost ! 

http://www.businessinsider.com/china-and-argentina-are-at-a-historic-cro...

This may be the beginnings of a wonderful relationship in the spirit of the Bandung conference.

Lets keep our hats on... nations do not have friends they just have interests.

In that vein finding an alternative to Pax Americana hegemony would be a breath of fresh air badly needed on old mother earth rotting under the iron hold of US oligarchy corporate corruption. 

Sat, 07/19/2014 - 16:11 | 4977755 windcatcher
windcatcher's picture

TAX WALL STREET 1 %!!! on all transactions.

Sat, 07/19/2014 - 16:42 | 4977858 StupidEarthlings
StupidEarthlings's picture

Maybe im just new here..but 2 paragraphs in and I still dont know wtf "OECD"..or whatever is.

Does the story make more sense if I did know?..

Sat, 07/19/2014 - 16:55 | 4977890 Urban Redneck
Sat, 07/19/2014 - 16:57 | 4977898 bitterwolf
bitterwolf's picture

Introducing, the simple PAWN on the chessboard-the MAN, with a will to fight and a rifle(xthousands)-that simple. The TRUE BELIEVER has never been swayed by money or its many rewards. Au Contraire, the "warfighter" is motivated by IDEA)(s) ,PRINCIPALS, and the warfighter fighting beside him. History (including very current) is littered with examples of this conundrum(How is the monied power elite laid low by the common armed man). If the very old European/American power elite(not the wealthy 1% everyone bandies about)  miscalculate in introducing  radical change in global finance and governance through "order out of chaos", than the pandoras box of savagery will be unleashed globally with  the racial/national idenities conflicting with one another in the backdrop of historical wealth imbalances affecting all but the very upper stratas of all nations. Due  dilligence and comprehension are a prerequisite. 

http://www.strategicstudiesinstitute.army.mil/Pubs/Display.Cfm?pubID=890

Cheers

Sat, 07/19/2014 - 17:53 | 4978031 AdvancingTime
AdvancingTime's picture

When it comes to interesting comments on how society is changing. In mid July of 2008 an article by James Grant appeared in the Wall Street Journal titled "Why No Outrage?". In the article Grant writes about how the turmoil and problems in the financial sector would in the past created a huge outpouring of anger from the public.

It seems that we are numb and powerless to respond, words like stupid and lazy come to mind. Silent and safe within the the huddled mass it is more comfortable to move with the crowd. More on this subject in the article below.

http://brucewilds.blogspot.com/2013/01/why-no-outrage.html

Sat, 07/19/2014 - 18:03 | 4978057 joethegorilla
joethegorilla's picture

"middle class could easily turn and go against the prevailing governmental systems."

Best news I've read in awhile.

Sat, 07/19/2014 - 20:06 | 4978438 Walt D.
Walt D.'s picture

More Marxist BS. The elite generate the money and keep it for themselves. How they do it is by the way. Many do it by using the governement, which in some case they own, to give themselves an unfair advantage. However, the wealth is not transferred from the middle class - it was never there in the first palce to be transferred. Until people realize that there is no easy way to get rich quick, whether it is winning the lottery, getting rich from some Nigerian banking scam, getting rich from Hope and Change, them will continue to be taken for a ride. Either way, you are never going to get rich by sitting on your ass all day collecting unemployment and food stamps, or listening to Hillary Clinton sob stories as to how broke she was.

Sat, 07/19/2014 - 21:22 | 4978636 AttilasShrugs
AttilasShrugs's picture

The Middle Class or as it is cursed by the elite as "Bourgeoise" grew up in the light of the late medeival period.  It was in the INTERSTICES of the growing urban environments where the power of Prince Priest and Peasantry were at bay that the first Middle Class appears.  
Middle Class is the class, the first class to shift the source of wealth away from the hereditary landed Princes.  Up until now, 90% of wealth was agricultural.  Land being in fixed quantity, the aristocracy was secure and invulnerable to outsiders.  
The new cities which grew out from market towns and ports were often unincorporated without clear feudal control.  Neither Churchland (the Church was a major landholder in Medieval Europe) nor held in feudal fief, nor directly held by Royalty the wealth being generated was based upon CAPITAL: financial, and personal (education, skill, character: the "Protestant" Work Ethic).  
THE TRUE MIDDLE CLASS CONSISTS OF THOSE WHO FLOURISH WITHOUT REGARD TO THE PRINCE, PRETENDER, PRIEST nor their threatened mobilzation of the PEASANTRY. The only way The State can help the Middle Class is to GET THE P OUT OF THE WAY.   
Since by defintion we the Middle Class ask only for the police power of the state to protect us from criminals and little more, there is nothing the State can do for us but to maintain a market governed by contract law, and protect us from coerced transactions. Period. 

Mon, 07/21/2014 - 20:09 | 4985912 MeelionDollerBogus
MeelionDollerBogus's picture

The biggest thieves are rich. They are rich from thieving. Class war & riots isn't about "the rich" it's about THE STEALING. Those who are angry for "not being rich" are nothing compared to those who are angry because they worked hard then get ROBBED. Those are the ones who will come with pitchforks. The losers who never had anything will only cheer them on & loot stores.

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