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Death Of The Working Class In 12 Charts

Tyler Durden's picture




 

Submitted by Thad Beversdorf via First Rebuttal blog,

They say a picture is worth one thousand words.  And so here’s a twelve thousand word equivalent essay that quite clearly depicts how the policies of the new millennium are shaping the new world order.  The powers that be have looked at these same charts, understand their implications and yet continue on the current path.  The objective then is clear.  The death of the working class.

With almost 100% of ‘savings’ having been forced into the stock market we are getting ever closer to what will be described as an epic collapse of wealth.  However, the more fitting description will be an epic and final transfer of wealth from the working class to the burgeoning aristocracy as assets are picked up for pennies on the dollar.  Pay particular attention to data from the end of the 1990′s through the new millennium.

median income

 

ycharts_chart-2

 

capextodiv

labourrates

real income by quintile

Screen Shot 2014-11-07 at 10.25.02 AM

food-stamp-participation

US satisfaction

Net_worth_and_financial_wealth

Screen Shot 2014-11-07 at 11.31.00 AM

suicide_rate_2001_2011

Screen Shot 2014-11-07 at 11.29.17 AM

 

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Fri, 11/07/2014 - 22:10 | 5426166 Bloppy
Bloppy's picture

No way all of these retail chains are going to survive. Sears just kicking off what will be a long list.

 

In Korea, no Irish need apply!

http://tinyurl.com/pxygp5z

Fri, 11/07/2014 - 23:40 | 5426335 philipat
philipat's picture

A statistic being thrown around in the MSM recently is that 50% of Americans make $20K or less. That cannot be correct if the MEDIAN income is $52K. The Median would probably be somewhat LOWER than the average (Which would include the Gazillionaires) so $52K Median does seem high? Not questioning FRED just interested if anyone has thoughts?

I suppose "Hosehold" income includes husband, wife and the benefits of the unemployed College graduate living in the basement?

Sat, 11/08/2014 - 00:44 | 5426554 cornedmutton
cornedmutton's picture

Oh math, you're so funny.

Sat, 11/08/2014 - 11:07 | 5427043 unrulian
unrulian's picture

Thread Jack but really interesting: Just announced, Canada cuts US dollar out of chinese trade

The agreement will foster far easier trade between the Canadian dollar and the Chinese yuan, also known as the renminbi. It makes Canada the first country in the Americas to have a deal to trade in the renminbi.

Authorized by China's central bank, it will allow direct business between the Canadian dollar and the Chinese yuan, cutting out the middle man -- in most cases, the U.S. dollar.

Read more: http://www.ctvnews.ca/business/canada-china-ink-commercial-deals-worth-up-to-2-5b-1.2093054#ixzz3IUQKGSMd

Sat, 11/08/2014 - 11:24 | 5427068 Arius
Arius's picture

WHY cant we have a President like Reagan again? 

 

Someone who can bring this country together and move forward?

Sat, 11/08/2014 - 11:36 | 5427088 tmosley
tmosley's picture

You've got one.

Reagan kicked deficits into overdrive, gave arms to terrorists, produced bluster against Russia, policed the world, etc, etc, etc.

We are now seeing the end effects of those idiotic policies.

Sat, 11/08/2014 - 13:25 | 5427317 franciscopendergrass
franciscopendergrass's picture

Deficits and debts dont matter do Democrats or Republics.  The only thing that matters is whole benefits from spending money the US does not have.  The defense industry had to be the biggest beneficiaries to the Reagan budgets.  In some warped minded thinking Republican voters and politicians do not believe defense is part of the government because when cry government is too big, thry refuse to cut the defense budget, close bases, scrap idiotic defense projects, end war, etc.

Sat, 11/08/2014 - 12:24 | 5427194 NihilistZero
NihilistZero's picture

Authorized by China's central bank, it will allow direct business between the Canadian dollar and the Chinese yuan, cutting out the middle man -- in most cases, the U.S. dollar

I wonder if the Canadian people will be able to stop the burgeoning selling out of their country to the Chinese.  To think that their government effectively gave Chi-coms their most beautiful city, Vancouver...  Then again I live in SoCal and have seen first hand the transformation of the San Gabriel Valley into a Mandarin first zone.

Sat, 11/08/2014 - 15:45 | 5427368 Oldrepublic
Oldrepublic's picture

both Argentina and Brazil have RMB currency swap agreements

Sat, 11/08/2014 - 12:23 | 5427190 Escrava Isaura
Escrava Isaura's picture

 

 

Death Of The Working Class In One Quote

 

"Trust those who make a living lying down or standing up vastly more than the one’s sitting down and with academic degrees” -- Nassim Taleb 

 

 

 

Sat, 11/08/2014 - 04:13 | 5426752 James_Cole
James_Cole's picture

A statistic being thrown around in the MSM recently is that 50% of Americans make $20K or less. That cannot be correct if the MEDIAN income is $52K. 

It could be wrong (50% sounds atrocious) but they may also be talking about individual vs. household + including unemployed. The median personal income in US&A is ~$27 000 

http://america.aljazeera.com/content/ajam/articles/2013/11/4/median-wage...

Sat, 11/08/2014 - 11:06 | 5427040 anticultist
anticultist's picture

I dont have the reference to quote, it goes something like this.

 

the orwellian admin started allocating parts of gov spending to median household income

statistics, look it up.

Sat, 11/08/2014 - 09:17 | 5426920 Refuse-Resist
Refuse-Resist's picture

There is a difference between Median Individual Income in the US - ~$13/hour, and median household (which assumes two earners) of $52k.  I suppose it's just a coincidence that they use the Household figure rather than the individual, that way sleepwalkers can say to themselves "$52k per year is plenty to support a family".

 

The reality is much uglier.  About 75 million American workers (half the workforce give or take) make $13/hour, or less.

 

The average is not the same as the median.

 

Put that in your pipe and smoke it.

Sat, 11/08/2014 - 11:07 | 5427045 plane jain
plane jain's picture

The number should be 39% not 50%.

http://www.ssa.gov/cgi-bin/netcomp.cgi?year=2013

39% of US workers make under $20,000

13% of US workers between $20,000 and $30,000

11% of US workers between $30,000 and $40,000

9% of US workers between $40,000 and  just under $50,000

So 72% of US workers under $50,000 a year.

Sat, 11/08/2014 - 11:17 | 5427053 Smooth Criminal
Smooth Criminal's picture

The "official numbers" are so manipulated and ficticious, I do not know what the hell to believe (in regards to accuracy of numbers).  What I am certain of though, is that the average person is getting completely fucked and the oligarchs running the show are becoming obscenely wealthy. 

 

Sat, 11/08/2014 - 11:57 | 5427127 AGuy
AGuy's picture

"A statistic being thrown around in the MSM recently is that 50% of Americans make $20K or less. That cannot be correct if the MEDIAN income is $52K. The Median would probably be somewhat LOWER than the average (Which would include the Gazillionaires) so $52K Median does seem high? Not questioning FRED just interested if anyone has thoughts?"

Household is about $53K (Aug 2014) which unuually includes two workers. so the median worker salary is about $26K/yr. But half of americans make more than $26K and the other half make less $26K. Is very likely the bottom have does make about $20K since the other half can be making a lot more than $26K.  The  median income  statiics is just a summary of all workers, it does not provide enough infomation to determine how much the those in the bottom 50% or the top 50% actually earn.

Salary statistical information does not provide the real story, since it does not reflect true living standards. For instance someone making $50K with $30K in student loans, living in an home (rental\mortgage) in a urban area may have a lower standard of living than some that living in a low cost area and with no student loans or debt. While Urban dwellers make make much more than rural dwellers, the cost of living in Urban areas is much much higher (higher, food & energy costs, higher taxes, higher residential costs, etc)

 

Sat, 11/08/2014 - 14:55 | 5427506 Pie rre
Pie rre's picture

If couples live together rather than get married there are benefits to be had as a single parent.

Sat, 11/08/2014 - 13:20 | 5427311 TMLutas
TMLutas's picture

A husband is CEO of a mid market firm and earns $450,000. His wife does part time work to keep herself sane at a local school. She earns $20k. Their kid is learning the value of work via a part time job delivering pizza. He's earning $12k. It's wide discrepencies in earnings within a household that's the usual cause of the numbers you're talking about seeming 'off'. 

Benefits aren't usually counted as income. If they were, poverty generally stops existing in the US. 

Fri, 11/07/2014 - 22:11 | 5426171 hungrydweller
hungrydweller's picture

Recipe:  Buy gold and silver. Store dry and canned goods.  Pay off your mortgage.  Relax. 

Sat, 11/08/2014 - 05:46 | 5426800 PT
PT's picture

No-one can afford land.  Nowhere to store dry and canned goods.  Or buy land and then cannot afford to buy anything else.  Lose land when either hubby or wifey get sick or lose job.  Not happening.  Everyone is fuckt.  Correction:  You exception that proves the rule.  Everyone else is fuckt.

Sat, 11/08/2014 - 10:03 | 5426962 OW My Balls
OW My Balls's picture

Pitch a tent in Detroit & start a colony

Sat, 11/08/2014 - 10:37 | 5426999 McCormick No. 9
McCormick No. 9's picture

Arm yourselves with whatever weapons you can find, and form gangs, led by the most vicious psychopath in your midst. Then wander the countryside, raping, looting and pillaging.

Sat, 11/08/2014 - 11:30 | 5427076 OW My Balls
OW My Balls's picture

The Bush & Obama administrations have used that playbook with some degree of success.

Sat, 11/08/2014 - 11:53 | 5427117 PT
PT's picture

Back in the day when I was a lonely minimum wage slave, that idea started looking very tempting.  Eventually I met a nice girlie and got a better job so that settled me down a bit, but I can totally understand if others would fall for the idea.

Sat, 11/08/2014 - 11:49 | 5427114 Borrow Owl
Borrow Owl's picture

Bad idea.

We already have way too much government as it is.

 

Sat, 11/08/2014 - 11:57 | 5427124 PT
PT's picture

Until such time as a single man can easily hold off a million-man army, tanks, planes, drones etc -

The way to solve the problem of too much government is with too many governments.

Not to be taken too seriously, just have a little think about that one.

Sat, 11/08/2014 - 10:41 | 5427004 Took Red Pill
Took Red Pill's picture

Buy gold and silver- check

Store dry and canned goods-check  

Pay off your mortgage-check

Relax -  now that's the hard part! 

Sat, 11/08/2014 - 10:48 | 5427012 auntiesocial
auntiesocial's picture

EXCLUSIVE: My wife is blaming me for the economic downturn. Everyone else is doing just fine... I don't see anyone else having any problems...

THE ECONOMY IN RUINS IS MY FAULT!!!!!!!!!!!!!!!!!!

Sat, 11/08/2014 - 11:48 | 5427112 IndianaJohn
IndianaJohn's picture

Mabe she will find someone who has reversed the downturn and go there. Didn't happen for me though. But I did walk that walk. Away.

Sat, 11/08/2014 - 11:58 | 5427131 PT
PT's picture

Some of it is my fault too.  I think it is because I don't borrow enough money.  If only the govt realized that I would quite happily borrow lots of money - if only I was under no obligation to pay any of it back ...

Sat, 11/08/2014 - 11:13 | 5427051 Abitdodgie
Abitdodgie's picture

Even if you pay your mortgage off you are still just leasing the land .

Sat, 11/08/2014 - 15:06 | 5427523 Pie rre
Pie rre's picture

Isn't that the truth. I've lived in Seattle all of my life & I now pay more in property taxes than the mortgage.  The voters don't mind shifting what was once covered by other taxes to property. I'll have to sell and rent but I still have an advantage over the younguns.

Fri, 11/07/2014 - 22:11 | 5426174 csmith
csmith's picture

Yet Control-P solves it all...

Fri, 11/07/2014 - 22:12 | 5426177 TeamDepends
TeamDepends's picture

Time to upset the money-changers' tables. Again.

Fri, 11/07/2014 - 23:12 | 5426331 ThroxxOfVron
ThroxxOfVron's picture

Maybe we whould just kill the money changers this time.  Keep the tables for other uses...

Sat, 11/08/2014 - 10:10 | 5426967 OW My Balls
OW My Balls's picture

The nazis tried that.

 

After:

 

- a world war

- countless millions of deaths [I'm not talking about jews here, I'm talking about ALL young soldiers duped into fighting for the money changers]

- countless billions in debt imparted on soverign tresuries

- the establishment of a MIC [which has parlayed the above into a prepetual motion machine]

- establishment of 'Big Brother' type government

 

The only measurable result is the following:

 

http://www.jvpchicago.org/sites/default/files/Palestinian-Loss-Of-Land-1...

 

More recently, they've tried to implement 2.0 of that 'progress' in UKRAINE

 

Same as it ever was

Sat, 11/08/2014 - 11:44 | 5427102 IndianaJohn
IndianaJohn's picture

A long film on how it used to be. For a few years. https://www.youtube.com/watch?feature=player_detailpage&v=Vnu5uW9No8g

Sat, 11/08/2014 - 12:24 | 5427199 Prometheus the ...
Prometheus the Jester's picture

"To a surrounded ememy you must leave a way of escape." Sun Tzu

Fri, 11/07/2014 - 22:14 | 5426180 ebworthen
ebworthen's picture

Will someone please kill Warren Buffet in a slow painful way before he can die peacefully in his sleep?

Fri, 11/07/2014 - 22:46 | 5426252 AlaricBalth
AlaricBalth's picture

He has been dead for quite a few years now however no one has had the intestinal fortitude to tell him

http://rt.com/business/buffett-loses-900-million-584/

Fri, 11/07/2014 - 23:34 | 5426382 himaroid
himaroid's picture

Yeah, that's what they said about y'all at the top of the tallest uckin monument in the world,

At Houston harbor somewhere,

AmeriTexan Patriots.

 

Fri, 11/07/2014 - 22:13 | 5426181 Bumbu Sauce
Bumbu Sauce's picture

Just wait till families find out how high their deductables are on healthcare now.

Sat, 11/08/2014 - 08:58 | 5426910 Last of the Mid...
Last of the Middle Class's picture

Wait till they find out how much their generic drugs are going to cost next year.

Sat, 11/08/2014 - 09:21 | 5426923 Bumbu Sauce
Bumbu Sauce's picture

Yep, some of my maintenance drugs have gone up quite a bit.  So much so that I have changed my diet and am trying to get off of them.

Sat, 11/08/2014 - 10:00 | 5426958 insanelysane
insanelysane's picture

What the fuck are "maintenance" drugs?  The fucking system has you fucking hooked up you fucking dumb as sheep.  You must believe in fucking man made global warming too.  You know home many thousands of years humans have survived without all these fucking manufactured drugs.  Why eat a balanced diet when you can take some drugs?  Big pharma couldn't get people to buy useless vitamins so they bought off the "medical professionals" and have them tell sheeple you need X drug to keep you alive.  Fucking sheep.

Sat, 11/08/2014 - 10:44 | 5427009 McCormick No. 9
McCormick No. 9's picture

My personal favorite maintenance drugs:
Heroin, or methadone.
Single malt scotch, all the way down to a tie between Pearl beer and pruno.
A Romeo and Julieta stogie, or re-rolled tobacco gleaned from cigarette butts fished out of a Flying J smokeless ashtray.

Sat, 11/08/2014 - 10:48 | 5427013 Dingleberry
Dingleberry's picture

Bumbu....you are one of the few reasons I want the medical system to inflict severe economic pain, and I do mean SEVERE, on the masses.  This is assuming you have a chronic condition caused by your behavior (diabetes from overeating, etc.).  For far too long, people have been stuffing their faces, smoking, etc and acting as if there are no consequences since their doc could prescribe a drug and temporarily relieve their problems.

It's called behavior modification, and you are exhibiting it with your change in lifestyle instead of plowing your mouth with drugs, and you will be increasing your drug useage over time. A LOT. All drugs lose effectiveness, and you have to take higher and higher doses, alond with more drugs.  You eventually end up on 30 pills a day.  Which is insane. To a non-pill popper.

This situation is actually a godsend for you. Too bad it too money to get you to change your ways.

Good luck.

 

Sat, 11/08/2014 - 11:09 | 5427046 Bumbu Sauce
Bumbu Sauce's picture

Yeah, hypertension has a genetic component.  Can't change my genes.  So fuck you one and all who are blaming me as some sort of cause of the problem.  Fucking idiots...

Sat, 11/08/2014 - 11:36 | 5427086 Harry Dong
Harry Dong's picture

Yup. Same here. Told to take meds. Lol. Went back to walking jogging 3 miles day..every other day mostly. Could be doing more but that was enough. 

Like hell I'mgetting hooked on a perscrip.

Sat, 11/08/2014 - 12:33 | 5427213 AGuy
AGuy's picture

"Like hell I'mgetting hooked on a perscrip."

Yup, Of course there are situations where prescriptions are the only choice. But in many, many cases, prescriptions can be avoided with a more balanced lifestyle. less junk food and more excerise can delay or permanmently remove the need for presciption drugs. If anyone is dependant on Prescription drugs I strongly recommend that you spend hours and time trying to find a solution to avoid taking them. Hypertention can be reduced by changing your diet. You need to do your own statistical study on your diet until you can determine which food lower or increase your blood pressure. I believe drinking lots of water (not soda, juice, other flavored drinks) can help because it helps your body flush out toxins, salts, and other compounds.

General prescription drug treat the symptoms, which does not make you healther. The problems solved by the drug often can cause problems elsewhere and may take years before the manifest in serious issues. At least two of my family members that started taking prescription drugs, ended up with even worse issues (one with cancer, and other with severe nerve damage). When you consider the long term damage caused by the prescription drugs, it can me worse than the cure!

FWIW: My biggest struggle is eating healthy. I do my best to avoid processed food, but this is not always possible (if your traveling, or need to eat a cafeteria). Its also becoming impossible to buy food at a supermarket that does have something wrong (ie GMO, pesticides, hormones, antibiotics, chemical additives, feed additives, you name it). What use to be health (ie Fish) is now become a poison (loaded with heavy metals, and other crap since we turned the oceans into a giant toilet). Farmers are getting screwed, by rising costs, failing margins and being pressed to grow GMO crops, and Draconian regulations to drive small farmers out of business. Farming also also a disappearing occupation. The Average age of a farmer in the USA is 59. http://www.usnews.com/news/blogs/data-mine/2014/02/24/us-farmers-are-old...

Currently I am in the process of going Galt. I am searching for good farm land that also has plenty of trees. I doubt I will be able to become entirely food self-sufficient, but I can move in the right direction. I will be planting fruit trees and other food bearing perennials, and raising chickens. At least I can directly control some of the food I eat and not worry about contamination.

 

 

Sat, 11/08/2014 - 11:03 | 5427038 HardAssets
HardAssets's picture

Some people are in the sad position of needing to rely on some meds to stay alive. In the past, those people would have died.

But you make a powerful point. People are sold all sorts of meds that they don't really need (with lifestyle changes) and which are detrimental to your health. I've been trying to make this point to relatives of mine. Unfortunately, they've also been sold on the idea that the guy in the white coat is 'God' and should never be questioned. (But he has been brainwashed since pre-med and was weeded out through the indoctrination process to be particularly good - as an A Student - at absorbing the official line.)

Research the Rockeller connection to establishing the current medical paradigm many years ago, if you want an eye opener.

Sat, 11/08/2014 - 15:13 | 5427545 Pie rre
Pie rre's picture

I once read that after the creation of the FED the same cabal created the AMA and Big Pharm to eliminate any holistic competition and gain complete control over  our future health requirements.

Fri, 11/07/2014 - 22:25 | 5426214 Stoploss
Stoploss's picture

Look at any chart.

At about 1999, everything seems to turn to shit at lightspeed.

Why, oh why you ask?

 

Why, the Euro of course...  The currency of global death.

 

Brrr.

Sat, 11/08/2014 - 09:14 | 5426917 Tom Green Swedish
Tom Green Swedish's picture

Al Gore invented the internet, the euro became a rigged currency, Bill Clinton saved the rest of the world and Bush did what he had to do and created our savior in the process.

Fri, 11/07/2014 - 22:26 | 5426221 Yen Cross
Yen Cross's picture

 At this point, I'm thinking about employing a tribe of Amazon poison dart specialists.

Sat, 11/08/2014 - 07:37 | 5426862 gatorengineer
gatorengineer's picture

Do they ship free with Prime?

Sat, 11/08/2014 - 08:19 | 5426887 Snoopy the Economist
Snoopy the Economist's picture

Yes - and delivered by drone.

Fri, 11/07/2014 - 22:49 | 5426272 123rainier
123rainier's picture

well the last photo the gun looks to be a toy, so a middle class worker can't even exit in dramatic fashon.

Fri, 11/07/2014 - 23:09 | 5426321 Fuku Ben
Fuku Ben's picture

The globalists wouldn't have it any other way

You can't control the masses until you've got them all playing hunger games

Fri, 11/07/2014 - 23:14 | 5426333 robnume
robnume's picture

I remember middle class...it was great! Savings accounts that accrued interest, job opportunities galore, yeah, I was there. It's so fucking sad now.

Sat, 11/08/2014 - 09:47 | 5426944 Never One Roach
Never One Roach's picture

Killing off the saving yield was one more reason they killed off the middle class.

Sat, 11/08/2014 - 10:12 | 5426969 magnumopusdeislayed
magnumopusdeislayed's picture

Now, we just yield more mental health issues and psychotropics. 

Sat, 11/08/2014 - 11:47 | 5427110 markar
markar's picture

mere collateral damage--to save the banks

Sat, 11/08/2014 - 10:51 | 5427018 McCormick No. 9
McCormick No. 9's picture

The middle class wasn't all that great. Soulless and bland- An anonymous cubicle in a corporate flourescent hell, vapid consumerism from giant boxes on the interstate, and a cotton-wool existence inside cookie-cutter slapdash subdivisions.

You can say what you want about life now, but despite the uncertainty, it is more interesting, as long as one doesn't eat a gun barrel. Hell, even that is more dramatic than a tube-infested death from congealed transfats in a plastic hospital bed-tent.

Sat, 11/08/2014 - 11:50 | 5427116 motorollin
motorollin's picture

Now - There is no cubicle to go to work in.

Now - The vapid masses cannot afford things from big box stores.

Now - Their suburban shitbox has been foreclosed upon.

 

Things weren't perfect before, but they sure were better.

Sat, 11/08/2014 - 12:44 | 5427233 DipshitMiddleCl...
DipshitMiddleClassWhiteKid's picture

I'd take that over eating canned beans and cooking them over a 50 gallon oil drum with a fire inside of it in some once industrialized suburb in the midwest outside of some city in Ohio..

 

 

~Dipshitmiddleclasswhitekid

 

 

Fri, 11/07/2014 - 23:31 | 5426372 himaroid
himaroid's picture

Death of yo mammas hot ass.

 

 

 

Tyler, help me remember your tip.

Thanks for a less rare good week.

You city fokkers are BIG PUSSIES.

But I still owe you $75 bucks.

Fri, 11/07/2014 - 23:32 | 5426376 himaroid
himaroid's picture

What do you get....uh oh, here comes by bootie.

So long mutha fuckas.

Sat, 11/08/2014 - 01:13 | 5426601 economists_do_i...
economists_do_it_with_models's picture

Speaking of prosperity or lack thereof, I did a quick scan of companies due to report earnings on Monday...  49.63% are $0.01/up.  50.37% are $0.00/down.  So even with all of the QE/etc and stocks at an all-time high, only about 1/2 the companies are expected to turn a profit.

If Monday is representative as far as earnings, then many companies are on the brink of disaster if there is even a slight disruption to the financial (debt) markets, or the broad economy.  Mass bankruptcies, bond defaults, asset sales, job cuts, etc.  1/2 are already in trouble.  The feedback loop will threaten at least 1/4 more.

The gov't has no tricks left in their bag.  They will plenty busy managing the welfare state they created.  Free cell phones and fried chicken for everyone...

Sat, 11/08/2014 - 03:18 | 5426714 cnmcdee
cnmcdee's picture

I'm long chicken buckets.. and EBT Card printing machines..

Sat, 11/08/2014 - 01:20 | 5426609 economessed
economessed's picture

Stop living in the past.  The easy money has come and gone.  Surviving at all costs is the new killing it. 

Sat, 11/08/2014 - 03:21 | 5426720 cnmcdee
cnmcdee's picture

Look GET OUT OF THE STOCK MARKET - GET OUT NOW!

If anyone who is a daily Zerohedge reader cannot see the complete and total house of cards - the likes of CNBC pump and dump schemes.. They are like the violinists playing aboard the Titanic screaming, distracting, and exuberantly shouting at you <not> to get in a life raft.

I think a good investment strategy is as follows.  Turn your portfolio in to cash, then

15%  in stockpiled food

15% in stockpiled guns / survival gear / water filtration / bug out locations

30% in stockpiled gold or silver.

The remaining 40% you can leave in the Great Casino if you are feeling lucky.

Remember Bank account freezes have <never> in history came with a warning for the pleebs.

Sat, 11/08/2014 - 09:47 | 5426945 No Quarter
No Quarter's picture

While i agree with you in principle, the strange fact remains that tptb have been able to keep the shit show rolling along for a long ass time. It amazes me on a daily basis.. I wouldn't be surprised if it keeps going a good deal longer. The same calls we are reading today of financial collapse have been going on since after the 2007-08 collapse. Talking with my old man, he commented that in the 1970's he thought for sure things would collapse any time, but nope, everything kept chugging along. For guys like him, they've been forced to stay in equities in order to maintain whatever they have. What would you put the funds in besides the markets that actually creates any return (granted it is paper but..) greater than real inflation? If you plan on living another 25-30 years and don't want to be a financial drag on your kids, there are very little options. 

 I have no exposure to the market so there is nothing to lose if it crashes besides business. All of my money has been tied up in tools and learning how to perform real life tasks. Hopefully that will be enough if it does go up in smoke. PMs, guns and food stored just in case. None of those things can be taken besides at gun point, a result with less than certain outcome for the pointee ;)

Sat, 11/08/2014 - 11:59 | 5426987 lakecity55
lakecity55's picture

Good post.

If things get ugly, I am really going to be grateful for my LE/military training.

The younger cops are a new breed, most-not all, but most- do not understand the Prime Directive: Protect lives and property, detect and deter crime. Their job is not playing G I Joe.

Sat, 11/08/2014 - 10:57 | 5427027 McCormick No. 9
McCormick No. 9's picture

"What would you put the funds in besides the markets that actually creates any return (granted it is paper but..) greater than real inflation?"

It all depends on perspective. If I had the kind of money that would generate real returns in the stock market (Say 250 G), I would invest in arable land with water and defensible characteristics, and livestock.

The skills needed to make money from such an investment are no more difficult to learn than those needed for trading- basically it boils down to careful observation and common sense, but it doesn't hurt to ask questions.

Sat, 11/08/2014 - 10:26 | 5426983 lakecity55
lakecity55's picture

I dumped it all except for two miners; put eveything into durables and went overseas.

Sat, 11/08/2014 - 11:16 | 5427055 anticultist
anticultist's picture

 

The zero interest rate and communist shut down of all viable lawful commercial use of capital, make the stock market

the only game in town. I am with Martin Armstrong on timing and looking for a big stock move to mid 2015,

possible DOW 24,000.

 

I see bad stock breadth and participation. The positive stocks are rewarded with multiple points, the rest

whither. I have been around this a while, reading the tape.

 

I would say market is not too good with volatility but not topped yet, maybe a good correction in Jan,

then some new ponzie operation liek QEiv becuase the math reality is sooooo bad.

 

I would say accounts want to stay with big capitalization weighted index calculations, not diversification,

not individual stocks. As multi points are rewarded to the last of the viable stocks, and breadth withers,

you want the weighted calculation fraud at your back.

 

I have thinned out my acccounts and will sell more end of Nov 401k seasonality,

then concentrate into SP500 and NDX etfs in the next correction that may be Jan.

My trading accounts may use leveraged etf in same.

 

Whatever paper we get out of this ponzie to mid 2015 is all there is, then convert it to real portable

property.

 

I do see another secondary high with 2016 election optimism but alot of damage may be done in

between, walk away mid 2015 highs.

Sat, 11/08/2014 - 03:44 | 5426734 Carpenter1
Carpenter1's picture

There will never be a fair financial system so long as greed and fear rule mankind. We are simply living through the logical end of this flawed system.
Vancouver financial advisor
Www.vancouverfinancial.net/
Financial advisor vancouver

Sat, 11/08/2014 - 05:01 | 5426779 Peter Pan
Peter Pan's picture

That first chart which shows real median household income is actually deceiving. If one reduces the real median household income by the cost of servicing the average household debt throughout the period covered, I believe the situation would be a lot worse.

Sat, 11/08/2014 - 05:21 | 5426783 Clashfan
Clashfan's picture

Um, some comments have been deleted? Or I'm past it, then. :)

Sat, 11/08/2014 - 06:57 | 5426832 Notsobadwlad
Notsobadwlad's picture

Without a working class there can be no parasite class.

Sat, 11/08/2014 - 11:10 | 5427048 McCormick No. 9
McCormick No. 9's picture

Parasites inevitably kill their host. Even if the parasite has evolved to live for a long time within the host organism, that is, the parasite's ill effects are chronic rather than acute, eventually, the cumulative ill effects will degrade, and eventually prove fatal, to the host organism.

The parasite class in this country has over time worn down the nation's immune system, and allowed for a proliferation of more parasites. Now, we are being attacked by parasites on all levels, as we can no longer fight them off.

The T-cell functions of a free market system have been so compromised that the immune system is basically dead. At the top, immune function has been broken by the voracious FED-worm, which cycles via a complex life cycle from the tribal cyst state through the Wall-street oral-fecal nymph stage. This horrible parasitic worm has suppressed all market corrections, thus allowing other parasites and viruses to spread unchecked through the system. At the bottom, the dread Obama-virus has knocked out the vital "if you don't work you don't eat" antibodies, and the system is being invaded by virus particles from the south at an alarming rate.

At this point, as shown by the charts, vital signs are worsening rapidly, and the prognosis is bleak, at best.

Sat, 11/08/2014 - 10:24 | 5426839 Disenchanted
Disenchanted's picture

Hostage to the Banksters

 

And while the simultaneous occurrence of inflation and deflation sounds paradoxical, it is only superficially so. In reality it is simply the logical outcome of neoliberal monetary policies pursued in these countries: as these policies of austerity economics have since the 2008 financial collapse systematically drained the overwhelming majority of citizens of material resources and funneled those resources to the financial sector, the result has been the understandable contraction of the real sector concurrent with the expansion of the financial sector.

 

In the face of these apparently contradictory developments, economic pundits and financial “experts” at the helm of monetary policy-making apparatus feign bewilderment at how market developments have become increasingly more “complicated,” and how economic fine-tuning has accordingly become more challenging. Such pompous utterances are, however, hollow pretensions designed to obfuscate issues, to mystify economics and to confuse the people. In reality, there is absolutely nothing “complicated” or mysterious about the simultaneous expansion of the financial sector and contraction of the real sector. It is, indeed, altogether axiomatic that if you systematically rob Peter to pay Paul, you are going to impoverish Peter (the 99%) while enriching Paul (the 1%).

 

more @ link above...

Sat, 11/08/2014 - 07:14 | 5426848 22winmag
22winmag's picture

The South was right!

Sat, 11/08/2014 - 10:41 | 5427003 Comte d'herblay
Comte d&#039;herblay's picture

Don't tell that to the Lincoln worshippers.  They think he was the greatest thing since the invention of the dildo.

The idea that one entity should control 400,000,000 people who don't much care for one another, was a great idea for those with the most contempt for human beans:  The top 10%.

Sat, 11/08/2014 - 07:23 | 5426858 alexmark2013
alexmark2013's picture

US economic growth is all an illusion. The economy isn’t really doing what the statistics say it is doing.

http://investmentwatchblog.com/us-economic-growth-is-all-an-illusion-the-economy-isnt-really-doing-what-the-statistics-say-it-is-doing/

Sat, 11/08/2014 - 09:01 | 5426911 Last of the Mid...
Last of the Middle Class's picture

Ctrl P until you're firmy financially in charge, use the press to tell them how good things are getting, then look the other way as that 4 trillion works its way through the financial system and guarantees years of inflation for anyone below the super riche. The economy has been "captured" and the Fed is complicit. Orange man is already talking shit about all he's gonna do now that he's got Obola's dick out of his mouth. We're still screwed and the game continues.

Sat, 11/08/2014 - 09:05 | 5426912 CoastalCowboy
CoastalCowboy's picture

I can see the devastation all around me in my town. Friends losing jobs and becoming freelancers as I've done, or, God forbid, they end up on the multiple part time job hamster wheel. One of my friends even killed himself due to not being able to find a job. It's a shame as I could have hired him by now to help me. The restaurants are becoming ghost towns too.

After my friend offed himself, I decided to quit looking for a job and hire myself. Over time I've networked my way into a group of wealthy business owners where I apply the things that I learned while plying my trade in the bigger corporate world that provide benefit to their businesses.
I still struggle but my revenue is growing. I also saw this shitstorm coming and spent the last three years of my high paying corporate job eliminating all my debt including mortgage. I lost my job in a merger where I was just yet another redundant being tossed out into the worst job market in 80 years.

A few weeks ago, I saw an attractive women in her early thirties with a toddler at her side with a "Hungary Need Food" sign. Had she had on nice clothes and a recent bath she would have been very, very pretty. I think she lives under the recently completed parkway overpass. I saw yet another female begging on the same parkway on another overpass across on the other side of the river. I've never seen females begging for food at intersections in my entire life.

As long as the Banksters are getting theirs everything is fucking perfect though, so who the hell am I to point out such unhappy things. Just think happy, happy thoughts about how great President Obola is so people won't think you're a racist.

Sat, 11/08/2014 - 09:42 | 5426939 shovelhead
shovelhead's picture

Things are so bad that Scottsdale is looking like Tuscon except the bums selling newspapers are dressed in Neiman Marcus.

Livin the leveraged life.

Sat, 11/08/2014 - 10:58 | 5427026 spinone
spinone's picture

Maybe she cant get a job cause she cant spell hungry.

Sat, 11/08/2014 - 11:01 | 5427033 CoastalCowboy
CoastalCowboy's picture

Thanks S., I just can't spell right these days w/o coffee.

Sat, 11/08/2014 - 12:57 | 5427262 DipshitMiddleCl...
DipshitMiddleClassWhiteKid's picture

As someone who grew up in the Parasite Northeast, I was pretty shocked when I saw things like this in the midwest and south when I finally left to do some traveling.

 

What you see there will become more and more common everywhere else in this country.

 

~Dipshitmiddleclasswhitekid

Sat, 11/08/2014 - 09:11 | 5426916 Last of the Mid...
Last of the Middle Class's picture

If we had just gotton those other 2/3 to vote all would be fine by now. How out of touch could one person be, and the real question for posterity is "How did this dickweek of a human get elected in the first place?" Not that the RINO's aren't stampeding towards  donors for their fair share of the "donations with an opinion" as we chat to tell them what the next mass scam will be.

Sat, 11/08/2014 - 09:14 | 5426919 Bumbu Sauce
Bumbu Sauce's picture

Hey, you got free birth control right?

-Sandra Fluke

Sat, 11/08/2014 - 09:47 | 5426943 shovelhead
shovelhead's picture

I changed my mind on that whole thing.

Anything we can do to keep these mutants from replicating is a boon to the future, slight as it may be.

Sat, 11/08/2014 - 09:23 | 5426927 NoPension
NoPension's picture

There are some folks out there doing good. They have a relatively easy go of it. Great pay. Great benefits, defined pensions for some! Holidays off, with pay. ( Columbus Day, Veterans Day) almost NO risk of being laid of, fired or downsized. If hubby and wife get a job with the same establishment, it's SWEET! Kids get on too, because nepotism and who you know rules the roost. And did I mention, they never seem to suffer a downsizing?

You Government, Federal, State and Local.

Sat, 11/08/2014 - 09:54 | 5426952 shovelhead
shovelhead's picture

Their time is coming soon.

The trick will be to bleed them off slowly so you will eventually get used to 6 -8 month waits for any claims you have on govt. "services" and maybe you'll die or go away.

Sat, 11/08/2014 - 09:49 | 5426947 anticultist
anticultist's picture

 

I am going to have to write a book. My work of quality system analysis applies to any problem,

not that I have all the diagnostics understood myself, I am working alone.

It may even be best applied with no skin in the game ( no party satanist affiliation ) and rigorous

scientific data application.

 

Anyone with skin in the game, ones that still have an income, that despised minority that worked,

this is my model.

Never contract with them, you wont want any liabilities or encumbrances when shtf.

( for example I violate this with a car note, nothing is quite 100% but it is an ideology )

Never pay interest, same as above excludes mortgage interest contracts like genocide paying 2x property value

through usury and property tax, play their paper trading may be ok, stock market to about mid 2015 but get all the way out,

convert paper to a portable real asset.

Get a remote sanctuary staked out, even if it is just surveying and knowing where you will go,

( ideal would be buying it with small amounts of gold when the time comes ).

Get all income possible through the dividend paying whole life private banking model.

Given enough time and assets, this may be what pays for sanctuary property, that is the unknown time,

everything is a risk so off matrix diversification is still essential .

( I dont mean all income literally, this is another paper system but it is many degrees of separation

from the 401k confiscation model )

 

In diversification I want income to go into metals, portable off matrix property may be high end 

jewelery, the whole life private banking system. When the shtf it may be possible to buy the sanctuary

property out of these off matrix assets. What are quality cars worth, when thre is no income or credit for new cars,

a breakdown in the bank cartel - NADA depreciation schedule. We dont know what will be real assets

but mobility may be valued much higher than mortgage interest slavery. Everything is opposites.

 

Remember the tax rate on 401k is not calculated yet, why not a 100% "special" tax?

 

If there is a republican tax cut, I doubt it, or in 2016 with R president, convert 401k to Roth.

Borrow out the maximum of 401k at market peaks, mid 2015, end of 2016 election optimism.

 

There is an error how ZH posts the .01% vs .05% vs .10% wealth share,

I wonder if people can visualize that the .01% is a subset of 1%, therefore

1% should be falling quite a bit taking the .05% share out of what is attibuted

to 1%.

 

Judging from federali math experts (voters) I doubt they can deduce something like that

from visual data.

 

 

No matter who you voted for, the government always wins, all 350 of them, .01%

Nice Gridlock, almost like it was planned. Probably just a partial list here of the top of my head.

54 middle class tax increases Patriot Act NDAA NSA IRS Nafta Glass-Steagle Puerto Rico (tax shelter) Acts 20 and 21 for US dual residents Domestic militarization, creepy cameras, drones Media consolidation Afghanistan opium No banker cartel prosecutions No wallstreet prosecutions No Logan Act prosecutions 40 dead mid level bankers, no investigation Egypt Libya Isis Syria Sharia Law Ukraine Inflation 1%er mind control, 1 in 100 neighbors "from their own operations manuals, a nation of people who refuse to use their intelligence, are no different than the animals which have no intelligence, then are just steaks on the table by their own consent"  Will Cooper From a ZH article today:

Paul, a longtime Republican, has been critical of the two-party dichotomy that dominates American politics for decades, and once ran as the Libertarian Party’s nominee for president of the United States. While third-party candidates continue to vie against the left and right establishment, however, Paul warned RT that even the two-party system as Americans know it is in danger.

 

“What do they do with our young people? They send them all around the world, getting involved in wars and telling them they have to have democratic elections,”he told RT.

 

But here at home, we don’t have true Democracy. We have a monopoly of ideas that is controlled by the leaders of two parties. And they call it two parties, but it’s really one philosophy.

 

All hope isn’t lost, however; according to Paul, American politics can still be changed if individuals intent on third-party ideas introduce their ethos to the current establishment.Americans can “fight to get rid of the monopoly of Republicans and Democrats,” Paul said, or “try to influence people with ideas and infiltrate both political parties.”

 

With respect to the midterm elections, though, Paul told RT that he’s uncertain what policies will prevail this year — excluding, of course, an obvious win for the status quo.


NSA shut down big tech exports to russia, china, germany, most of the world's population, on spying, nsa backdoors built into everything including cisco routers, IBM mainframes, and windows 8, and Boeing jets. plus 54 stealth tax increases on the middle class minority that worked. Marxists moving up the food chain now. The big tech professional jobs were murder on these despised worker, outrageous long hours deadlines, and stress. The professionals dont get paid overtime, they paid taxes. This would be part of the 1 in 100 neighbors, the last of big corporation employees that provided liquidity in the economy, the creators that might trickle on some min wage jobs. I'm sure the marxists can just print up some more pretend currency and food stamps. That will take big wars now for the marxists to enforce the pretend printed currency on countries that dont want to take it.

From another ZH article today :

All three tech segments combined clocked in with 13,374 job cuts in October and 93,702 for the year so far. Up 97% from the same period last year!

That’s more than just the routine tweaking of the work force, where some people get laid off in one area of the company and other people get hired elsewhere. This time it’s serious. And they’re all doing it: Microsoft (18,000), layoff-meister HP (21,000), Cisco (6,000), Intel (5,350), Sprint (2000 on top of the 5,000 by which it already reduced its workforce so far this year), TI (1,100), Dell (1,000), EMC (1,000)…. You keep going like this, and pretty soon you’re talking real numbers.

Tech’s layoff announcements are likely to blow past 100,000 for the year, on track to be the worst year since 2009, when it announced 174,629 job cuts.

So is this the end of the tech bubble? Nope. In 2001, the last time a tech bubble blew up, Challenger reported nearly 700,000 job-cut announcements. Countless startups that were going to change the world ran out of money and were shuttered – without even making layoff announcements. Others slashed their workforce and survived or were absorbed. Large tech companies went through wholesale workforce reductions.

This isn’t what’s happening now. The culprit is Big Old Tech. These are the mastodons that have been around for decades, the tarnished American stars. Many of them are revenue challenged. So they’re on an acquisition spree, trying to grow that way, instead of developing their own products and markets. With a cost of capital near zero after inflation and taxes, thanks to the Fed’s machinations, it doesn’t really matter on what this free money gets blown, so long as it doesn’t get invested in people. Each acquisition has led to layoffs, and still, revenues are mired down. And some of these tarnished stars rack up big losses.

In addition to perfecting their financial engineering, these companies are playing the layoff game. Announcements are impeccably timed, issued with maximum fanfare, and expressed in immaculate corporate speak liberally sprinkled with hype. There would be future savings and efficiencies, it would make the company more nimble, etc. etc. The purpose of these announcements is to goose the stock price. And it works.

Sat, 11/08/2014 - 10:00 | 5426960 shovelhead
shovelhead's picture

I'm all in on mobile home meth lab conversions.

I call it "Blow and Go".

Sat, 11/08/2014 - 13:04 | 5427279 DipshitMiddleCl...
DipshitMiddleClassWhiteKid's picture

One of my homies got laid off @ HP

 

You know shit's getting bad when these juggernauts are slashing jobs.

 

 

~Dipshitmiddleclasswhitekid.

Sat, 11/08/2014 - 09:49 | 5426949 NoPension
NoPension's picture

I guess I'm just pissed off.
Like many others here, we are in the middle of a giant paradigm shift.
What was always the right thing to do, doesn't work now. We still have plenty of manufacturing, but what remains is automated and requires less labor.
The retail enviroment I knew as a younger steer, where mom and pops ran stores, gas stations, hardware shops, etc., has been replaced by multinational and nation giants that wipe out the little guy. And funnel meager margins at massive quantities to a few at the tip of the pyramid.

I believe in capitalism, but this is something else. The little guy is priced out by regulations, rules, insurance and Licencse that the big guys can handle, but no one else can manage.
Meanwhile, the trades, where a guy or gal can use their hands to earn a living, have been diluted by cheap illegal labor.

And while I try to envision a way to make it, to maneuver and survive and see a new way to make it, it seems the only answer is to hope the house of cards collapses, so we can rebuild with a more solid foundation. And that's a fucked up way to go through life. I look around me. Government workers doing good. Old farts collecting gold plated pensions on taxpayer, doing good. EBT'ers, not doing good, but finding a way to survive and keep breeding. And go to a construction site, and it's like you stepped off a plane in El Salvador or Mexico City.

And as I write this, a commercial for Start up New York is on . Come to our town, and we will let you go tax free for ten years. But taxes don't matter, eh? If you have a business, should you close up shop, and come back tax free?

Sat, 11/08/2014 - 10:00 | 5426961 magnumopusdeislayed
magnumopusdeislayed's picture

I hear you, bro. I feel what you are sayin. 

Sat, 11/08/2014 - 10:10 | 5426965 insanelysane
insanelysane's picture

I live in the People's Republic of Massachusetts completely liberal control.  They will stress how taxes don't matter but are constantly giving tax breaks to keep businesses around.

Long story about Massachusetts:

Income tax was 5% but we got crushed in the 70s so income tax went up to just over 6% till things got better.

Well things got better and tax never went back down.

Sheeple voted themselves to have tax put back to 5%.

Even though this was voted fairly by the people, the legislature insisted on a compromise so tax slowly went back.

The legislature voted an automatic gas tax increase so they only needed to vote on the one gas increase but it would increase for infinity.

The sheeple voted to stop the automatic gas tax increases.

Legislature is going to raise fees.

The beast needs to be fed.  Even though the population in Mass is falling the government just keeps growing and growing.

Finally wifey sees that it is a never ending battle for all of our hard earned money and we will be leaving in a year or two.  Nothing rash just a deliberate decision.

 

Sat, 11/08/2014 - 10:43 | 5427006 headhunt
headhunt's picture

Every time I hear anything about Massachusetts it brings to mind Teddy Kennedy. Just the look and demeanor of him epitomizes today's government - Big, fat, murdering, mess that is always blaming someone else for their F'ups.

 

Sat, 11/08/2014 - 17:05 | 5427792 Village-idiot
Village-idiot's picture

Didn't Massa. just elect a Republican earlier this week?

There's hope for you yet.

Sat, 11/08/2014 - 10:21 | 5426978 d edwards
d edwards's picture

Two articles this morning on the demise of the working class/middle class. The elemination of the middle class is a basic tenent of Marxism-and 0baMao is a marxist, so eveyything is going according to plan.

Sat, 11/08/2014 - 10:34 | 5426991 headhunt
headhunt's picture

The little guy is priced out by GOVERNMENT MANDATES that the big guys can handle, but no one else can manage.

Sat, 11/08/2014 - 11:58 | 5427128 lakecity55
lakecity55's picture

Man, I can remember as a young guy back in the 70s a kid like me could get into the trades and make some coin. I started out in commercial sheetrock/metal studs, then put myself in school and went to the electrical trade. No mexicans back then. A white boy or soul brother could make a living. Even Native Americans were in on the act, as they did a lot of steel work.

Eventually, a new trade came up- the Systems House. F/A, physical security, CCTV. What was once maybe 1% of a GCs project was now 5-8%. It made me a project manager, and it also made me a man of 3 different trades.

The smackdown of the trades for American Citizens is a crime which should not go  unpunished at the right time.

Slowly the trades became infiltrated with low-pay mexicans, one after the other. I keep praying for a revolt by the aforementioned 3 ethnic groups to join up and kick ass.

Sat, 11/08/2014 - 13:15 | 5427299 DipshitMiddleCl...
DipshitMiddleClassWhiteKid's picture

For every 'brother', that's worth a damn, theres 20 others who are so fucking useless it isn't even funny.

 

Native Americans? Worthless.

 

I'm Jewish but not religous and have spent time working the 'trades' and other prole work since i'm not part of the zio-banker clan..here is what I have to say about the white race.

The white people who are worth a damn are of Geman/Scandanavian descent along with a subset of upper middle class WASPS..these 'aryans' if you will, are not working the trades as a net whole....as far as the Irish and Eastern Europeans (Poles, Ukrainianians,etc) ...all fucking worthless. They work these shit trade jobs and are too stupid to even know what is happening nor do they care.

 

 

~DipshitmiddleclassWhitekid

 

 

Sat, 11/08/2014 - 17:03 | 5427782 Village-idiot
Village-idiot's picture

You forgot the religious aspect of the different European groups.

The RCs in Southern Europe are mostly useless. The RCs elsewhere are not much better.

When I look at the general attitude of the masses in, and recently out of, the school system, I get very concerned. Who'll do the work when the present batch of workers are forced into retirement? And they will be forced; I can see a government mandate coming very soon. It'll be "for the good of society" so that younger people can get jobs to support all those unmarried mothers with children on welfare.

I'm of English/Scottish background (I'm a WASP). Worked at honest toil since I was around 13 yrs old and am now retired.

Sat, 11/08/2014 - 18:17 | 5427992 DipshitMiddleCl...
DipshitMiddleClassWhiteKid's picture

hey dude,

Fortunately, when you were a kid working hard and being honest did actually mean something...now a days its a complete waste of time.

 

im not a full on jew but since my mom is one, all the racist skinhead fucks and the jews consider me one so i see it from both sides.

 

ive worked shit jobs for next to nothing (driving a forklift, doing carpentry work, variour labor jobs) and now im in the corporate world doing and do some number crunching.

 

ive literally never been paid so much to do so little and the older i get, the more i realize working hard and being honest is for complete fucking losers and morons.

 

you're right about the religous cultures of these nations because all the fucking jews, chinks and indians are the ones making all the money because they do face time at their places of worship then completely forget about it once they step into the office

 

~DipshitmiddleclassWhiteKid

 

 

 

Sat, 11/08/2014 - 10:26 | 5426984 q99x2
q99x2's picture

Doesn't seem too bad. 320 million against 47 financial perverts. Them's some good odds. Replace Washington D.C. with open source software.

Sat, 11/08/2014 - 10:35 | 5426996 esum
esum's picture

so 45 million FOLKS have found a way to get by ....without working.... I'd say they were the SMART ONES...

HOW DOES IT FEEL TO BE A FUCKING DONKEY PULLING A WAGON FULL OF PARASITES LED BY A PRESIDENT WHO IS OUR SECOND BENEDICT ARNOLD BACKED UP BY A CRIMINAL AG... 

oh i forgot ..... your're FREE.... 

 

Sat, 11/08/2014 - 11:01 | 5427032 A82EBA
A82EBA's picture

DONKEY PULLING A WAGON FULL OF PARASITES

 

that's a great analogy !

Sat, 11/08/2014 - 12:18 | 5427181 anticultist
anticultist's picture

 

That is the way they want it.

 

100k income now is 45k 1985 dollars, federal reserve inflation calculator

100k now pays 24k taxes

45k 1985 dollar value minus 24k taxes is 13k real nominal income basis 1985 cost of living.

 

The tax slaves are the idiots. But I think they will be ahead a little more if they use resource

wisely in models that I outlined in a post above.

 

I didnt mention it in my post before. The tax slaves may also want to master some documents and be

prepared to use them. The NOLA online bankruptcy means test and irs tax collections from 433a with national

spending allowances. Bankruptcy is existing law because everything in The 14th amendment reconstructed constitution

is illegal and unlawful in violation of The dejour Constitution and Christian law. It is their remedy and they may want to use it early

and often.

 

This will teach alot about structuring income, expense and exempt property.

 

It would take a real intellectual curiosity for knowledge, how statute slavery actually works,

unlikely for federalis to show intellect, pigs to the slaughter.

 

I still think my christian belief system requires me to work, the natural order. Fighting satanism.

But my new epiphany is the dialectic is not the advertised good vs evil, it

is lucifer vs satan. Who are those lost souls chosing those sides, federali voters?

 

The Lord has another role. Only those who know the Lord know the difference

and nothing can be done about the rest.

 

Sat, 11/08/2014 - 10:52 | 5427020 IridiumRebel
IridiumRebel's picture

http://www.kansascity.com/news/business/biz-columns-blogs/cityscape/arti...

*
*

After 50 years of operations, Quick’s Bar-B-Q is closing in Kansas City, Kan.

The restaurant, at 1007 Merriam Lane, plans to close by Nov. 14.

“I’ve been doing this my entire life, since I was a little kid and solid for the last 40 years,” said Ron Quick, son of the founder. “My wife and I had a goal to make it to our 50th anniversary and we have succeeded in doing that and I want to get out on my terms and while things are good.”

Quick said construction on Merriam Lane also has blocked some access into the restaurant.

“It is hard and these little mom-and-pop folks, you see them dropping. And we have at least another year of this so it will be a struggle,” he said.

Dustin Quick, Ron’s son, has served as general manager of the restaurant and will continue to oversee the company’s food truck, Quick’s on Wheels, which opened in mid-2013, as well as its catering operation.

“It has been very prosperous lately,” Dustin Quick said.

Quick’s also will continue to sell its barbecue sauce online at www.quicksbbq.com.

Ron’s father, Earl Quick, founded the restaurant in 1964 and Ron took over as manager in 1978. He became the owner in the mid-1990s. Most days he was at work by 7 a.m. But on Wednesdays, since the late 1970s, he was in by 3 a.m. to smoke as many as 500 slabs for the daily special.

“It has been a pleasure to have a been in friendly competition with the other barbecues and I have had great respect for all of them,” he said. “ I’m just ready to do something different while I still can and enjoy life. It’s kind of an emotional thing to close but it has been a good run.”


Read more here: http://www.kansascity.com/news/business/biz-columns-blogs/cityscape/arti...

 

 

Sat, 11/08/2014 - 10:59 | 5427030 Comte d'herblay
Comte d&#039;herblay's picture

Pair o' Dimes Shift:

Stop for a second and think about work.  The entire notion that came to us from the fiction of the bible that, "man will now have to earn his daily bread by the sweat of his brow".  

Why? Because Adam was so enamored of Eve's Tits, Ass, vulva, and all that lubriciousness, that he ate the forbidden,  L' Pomme. 

Well what if the necessity for work to earn the FRNs disappears gradually over time, as it indeed appears to be doing due to 100 yrs of increasingly escalating technological advances that render most of the 7 billion people on the planet superfluous to get things produced and serviced?

What is needed is the admission by POWER, who already know this, that work as we have known it is now obsolete and another way must be discovered for the 7 billion to occupy their time for their entire lives,  without 8 to 5 jobs. 

To obtain the necessities, the preferences, and luxuries that a person absolutely must have in order to survive, get by, or prosper, another entirely new method must be found. Otherwise the other side of the coin of  'work'-----which is that it was really invented so human beans wouldn't go insane with all that time from birth to death to deal with------will rear it's ugly head and anarchy is just waiting in the wings to be unleashed, which solves nothing.

Kurt Vonnegut dealt with this in several books about the end of employment.  It would be to everyone's advantage to begin reading how this may play out unless the real leaders develop plans to move from the model of working for a living to one of not working at production, but at higher echelons of human existence. Maslow dealt with those. 

 

 

Sat, 11/08/2014 - 11:45 | 5427105 plane jain
plane jain's picture

Eh, I take the story of the Garden to be about human self awareness (knowledge of good and evil) and the move from hunter-gatherer to agriculture (toil for food). The whole temptation by Eve is just the usual patriarchal misogynist crap. But YMMV.

The move away from work only happens if we get environmental degradation under control and find a workable alternative for cheap fossil fuels. Otherwise collapse followed by a return to agrarianism if we are fortunate and nuclear plants are shut down in a safe and orderly fashion.

FWIW I do think that there are biological differences between the sexes and races, different strengths and weaknesses. And overall that is a plus for the species as the more varied we are the better chance there is that at least some of us survive whatever circumstance throws at us.

Hate speech and people as property or less than equal in the eyes of the law is still crap. 

Sat, 11/08/2014 - 12:21 | 5427188 Comte d'herblay
Comte d&#039;herblay's picture

That's because U R confusing Law with Justice.  

Law is, as so many instances have now convinced us, a spongiform mass, whose main feature is selective application.  

The most recent blatant example being JP Morgan buying off fraud prosecution in the trillions by Eric Holder with cash given to Jamie Dimon, by the FED. In a just world Dimon and dozens of others would now be living under a box after having regurgitated the trillions they ripped off the savers, pensioners, and every other saver in the universe. But justice was denied and law ruled.

I used the biblical old testament to prove that women are evil. Eve (notice that the Eve and Evil begin with the same two letters)  had no business sashaying around sans bra and panties, and denying Adam his natural inclinations unless he ate the apple. 

It seems axiomatic that as work becomes less and less a place for human beans, much of the environmental problem will just naturally solve itself.  
The commute from Burbank to L.A. on the 8 lane highways choked with idling traffic, just burning fossil fuels, while going nowhere, will disappear.  Much of the fossil fuel consumption should dramatically decine  putting oil companies out of the business.

It's not so much that Peak oil will have been reached as Peak Work will be seen to have apically topped out in 1981.

 

 

 

 

Sat, 11/08/2014 - 11:00 | 5427031 world_debt_slave
world_debt_slave's picture

this has been building up from generations ago, Rockefellars, Dewey, Fosdick, Sanger, Bernays, etc, etc have built a society that rules the unwashed masses.

Sat, 11/08/2014 - 11:11 | 5427049 rwe2late
rwe2late's picture

 also destructive of living standards:

huge government debt that public will allegedly be liable, and which will be used to demand "austerity" for (guess who?)

huge private financial 'derivative' debt that public will be deemed liable

huge military machine that public will be required to support to repress (again, guess who?)

huge man-made & man-magnified environmental disasters (even leave aside global warming if one chooses) from pollution (chemical and radioactive), habitat destruction (forests to fisheries), and biological (form biowarfare to neglected infrastructure)

Sat, 11/08/2014 - 11:19 | 5427061 cherry picker
cherry picker's picture

In the days when I was young, my father and I built a two door garage of his own design and added a room on the house.  All it cost was materials and our labor.

Later on, when I built my first house on my property I had to go to the planning board, pay the appropriate fee to get a building permit.

After I put the basement in, a fellow in a shiny new government truck shows up.  He was a building inspector.  "Building it yourself?".  "Yup"

"I aint worried about guys like you, you overbuild"  He says.  I never saw him again.

Years later in California a friend bought a laundry mat.  Paid good coin to get a permit to replace all the washing machines and driers, showed the people who issued the permit the plans which called for PVC piping.  It was approved.  The day before he was to open, an inspector in a shiny new truck came in and demanded he change all the pipe to cast iron.  Didn't make sense.  He told the inspector and showed him the permit and plans for PVC.  It cost him a bundle to put in cast iron.

You have to watch these regulators with the shiny new trucks.  If they don't know what you are doing, best go ahead and do it.  Otherwise they can be hell on wheels and we pay for that stuff.

I finally figured out the best way is to keep a low profile and ignore .gov.  What they don't know won't hurt them or you.

Sat, 11/08/2014 - 16:39 | 5427732 Village-idiot
Village-idiot's picture

Just like my advice on how to stay healthy:

-Stay away from hospitals and clinics

-Stay away from doctors

-Stay away from dieticians

-Stay away from nutritionists

-Ignore all government health advice

I do all of the above and I'm in perfect health (mind you, I'm only 66 yrs old).

Sat, 11/08/2014 - 11:55 | 5427120 cherry picker
cherry picker's picture

You ever notice when you go to buy a car or home, they always ask how much you can afford to pay monthly?  It is assumed you want or need credit.

I went to a car dealer in Palm Springs a few years back.  "How much for cash?"  He replied, "Come in we'll do a credit app."

"You didn't hear me, I said cash."

"We have to the credit app anyway.  Government regulations."

"What if I give you $4,500 a day for a few days till it is paid for, then give me the car?"

"No go, we need a credit app."

"Good by"

Sat, 11/08/2014 - 13:17 | 5427304 DipshitMiddleCl...
DipshitMiddleClassWhiteKid's picture

buying a new car is dumb!!

Sat, 11/08/2014 - 17:51 | 5427918 Hongcha
Hongcha's picture

Cherrypicker; that's because the dealer makes more on the loan vig than his margin selling the car.  We do cash deals for various repairs etc. and more & more services, subcontractors, etc are following.

Sat, 11/08/2014 - 12:42 | 5427228 Otto Zitte
Otto Zitte's picture

"working class" is a marxist construct referring to the parasites' hosts.

"middle class" is the affluent result of merchantilism.

The parasites degrade the independent middle class into working class capital. Destruction of education, destruction of the family, destruction of the community. These are their tracks, this is how you recognize the enemy.

Sat, 11/08/2014 - 14:55 | 5427504 rwe2late
rwe2late's picture

Obviously,

the often false consciousness of the petit bourgeoisie is a problem,

as well as the masochistic loyalties of the working class,

and the narcissistic avarice of the upper class.

Sun, 11/09/2014 - 00:28 | 5428817 Otto Zitte
Otto Zitte's picture

Nothing a punch in the mouth won't clear up. fast.

Today I had lunch at a favorite spot. Only today a notorious biker gang decided to have lunch there too.

Fuck it. I've seen some shit and I'm not a stranger to these beneficiaries of Holder's pay the tax to wreak havoc policy. With my combat hardened date, I went in. She's faced death. Menacing shows of defiance and threats don't work on those who were cast out of the matrix. We'll do you. As St. Sister Mary Carlin told you, we wear polo shirts and dockers. 

These guys were packing heat. Knives, guns, open carry. Not polite. Descriptive prison tats. Discussing security issues. The usual. Showing their colors, and their substantial prosperity under the current administration.

Later I went to pick up domestic supplies and wound up exchanging funny faces with a toddler at the check out. Only this toddler was on her daddy's shoulder, and from the tats on daddy's shaved head, daddy is a messican banger who just got out of prison due to an administration whacked out of their skulls on the best dope ever conjured. 300 miles away.

Gangs are rising to the occasion. These guys I saw today were hiding or in prison last year. If dirty deeds need to be done, these are the guys my lawyers skimp to make my problems go away.

Good to see they are thriving. Again.

Sat, 11/08/2014 - 15:20 | 5427562 Svendblaaskaeg
Svendblaaskaeg's picture

att: working man (picture) - that is no double action revolver, read the fargin user guide

Sat, 11/08/2014 - 17:41 | 5427881 EemieMeanieMinieMoe
EemieMeanieMinieMoe's picture

Endeavor to persevere..... https://www.youtube.com/watch?v=rsL6mKxtOlQ

Sat, 11/08/2014 - 19:42 | 5428168 nostromo17
nostromo17's picture

http://pragcap.com/quantitative-easing-the-greatest-monetary-non-event  

QUANTITATIVE EASING: “THE GREATEST MONETARY NON-EVENT”

2009

Do NOT follow this link or you will be banned from the site!