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As The Middle Class Evaporates, Global Oligarchs Plan Their Escape Form The Impoverished Pleb Masses

Tyler Durden's picture




 

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

The middle class has shrunk consistently over the past half-century. Until 2000, the reason was primarily because more Americans moved up the income ladder. But since then, the reason has shifted: There is a greater share of households on the lower rungs of the economic ladder.

 

– From yesterday’s New York Times article: Middle Class Shrinks Further as More Fall Out Instead of Climbing Up

 

At a packed session in Davos, former hedge fund director Robert Johnson revealed that worried hedge fund managers were already planning their escapes. “I know hedge fund managers all over the world who are buying airstrips and farms in places like New Zealand because they think they need a getaway,” he said.

 

– From the Guardian’s article: As Inequality Soars, the Nervous Super Rich are Already Planning Their Escapes

So the other day, President Barack Obama once again demonstrated his contempt for the American public by using his State of the Union address to pejoratively blurt out meaningless phrases such as “but tonight, we turn the page” and: “The verdict is clear. Middle-class economics works. Expanding opportunity works. And these policies will continue to work, as long as politics don’t get in the way.”

Sorry, but why are “we turning the page” tonight? Weren’t you elected over six years ago? Why didn’t you turn the page in 2009?

Meanwhile, I’m astounded by the phrase “middle-class economics works.” Perhaps it does, but how would anyone know? The only thing I’ve seen from his administration is a laser focused determination to consolidate all American wealth and power into the hands of a tiny group of oligarchs and their lapdogs.

Indeed, the following articles published in the last two days by the New York Times and the Guardian show the true results of Obama’s oligarch-coddling legacy. The Obama years have been nothing short of an oligarch crime scene.

First, from the New York Times:

The middle class that President Obama identified in his State of the Union speech last week as the foundation of the American economy has been shrinking for almost half a century.

 

In the late 1960s, more than half of the households in the United States were squarely in the middle, earning, in today’s dollars, $35,000 to $100,000 a year. Few people noticed or cared as the size of that group began to fall, because the shift was primarily caused by more Americans climbing the economic ladder into upper-income brackets.

 

But since 2000, the middle-class share of households has continued to narrow, the main reason being that more people have fallen to the bottom. At the same time, fewer of those in this group fit the traditional image of a married couple with children at home, a gap increasingly filled by the elderly.

Remember, middle-class economics works. If the goal is its total destruction.

These charts from the New York Times do not tell the tale of a thriving economy:

Screen Shot 2015-01-26 at 10.17.50 AM

Even as the American middle class has shrunk, it has gone through a transformation. The 53 million households that remain in the middle class — about 43 percent of all households — look considerably different from their middle-class predecessors of a previous generation, according to a New York Times analysis of census data.

 

In recent years, the fastest-growing component of the new middle class has been households headed by people 65 and older. Today’s seniors have better retirement benefits than previous generations. Also, older Americans are increasingly working past traditional retirement age. More than eight million, or 19 percent, were in the labor force in 2013, nearly twice as many as in 2000.

 

According to a New York Times poll in December, 60 percent of people who call themselves middle class think that if they work hard they will get rich. But the evidence suggests that goal is increasingly out of reach. When middle class people look up, they see the rich getting richer while they spin their wheels.

One of the main reasons we have seen such a low level of resistance to this historic oligarch theft, is due to the successful brainwashing of the American public. Despite clear evidence to the contrary, 60% of what is left of the middle-class still think they are going to get rich. They have no idea that they are really just a bunch of deluded plebs unable to see how systematically and catestrophically they are being played.

Meanwhile, the Guardian describes how many global oligarchs are already planning their escape. These people know full well they are being enriched criminally. Their response is to take as much money as possible and flee before the pitchforks emerge (see: The Pitchforks are Coming…– A Dire Warning from a Member of the 0.01%).

With growing inequality and the civil unrest from Ferguson and the Occupy protests fresh in people’s mind, the world’s super rich are already preparing for the consequences. At a packed session in Davos, former hedge fund director Robert Johnson revealed that worried hedge fund managers were already planning their escapes. “I know hedge fund managers all over the world who are buying airstrips and farms in places like New Zealand because they think they need a getaway,” he said.

 

But as former New Zealand prime minister and now UN development head Helen Clark explained, rather than being a game changer, recent examples suggest the Ferguson movement may soon be forgotten. “We saw Occupy flare up and then fade like many others like it,” Clark said. “The problem movements like these have is stickability. The challenge is for them to build structures that are ongoing; to sustain these new voices.”

 

Clarke said: “Solutions are there. What’s been lacking is political will. Politicians do not respond to those who don’t have a voice In the end this is all about redistributing income and power.”

 

She added: “Seventy five percent of people in developing countries live in places that are less equal than they were in 1990.”

Welcome to the recovery suckers.

 

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Mon, 01/26/2015 - 23:43 | 5709245 IridiumRebel
IridiumRebel's picture

nowhere to run

Mon, 01/26/2015 - 23:46 | 5709247 Shocker
Shocker's picture

Middle class jobs have basically been replaced with part time, low skill, no benefit jobs.

Welcome to the new recovery

Job Situation: http://www.dailyjobcuts.com

-

Mon, 01/26/2015 - 23:52 | 5709275 erg
erg's picture

Lets get jobs making robots to replace all the jobs.

Mon, 01/26/2015 - 23:56 | 5709282 localsavage
localsavage's picture

The internet will make it easy to track them down.

Tue, 01/27/2015 - 00:03 | 5709312 Ignatius
Ignatius's picture

Better to "hide" inside the system as a power-hungry, blood sucking, souless bureaucrat, issuing arrest warrants and torture orders, I figure.

Tue, 01/27/2015 - 00:09 | 5709330 TruthInSunshine
TruthInSunshine's picture

Obama is looking out for the middle class and working class. He's a real hero of Middle Class Americans (what are left of them):

http://jackbaruth.com/wp-content/uploads/2015/01/The-Tech-Supper.png

Tue, 01/27/2015 - 00:25 | 5709358 BLOTTO
BLOTTO's picture

High class, middle class, low class, no class... its like, what the fuck are we doing on this planet? really.

.

Is this the most sophisticated and intelligent we get in the entire fuckin Universe?

Tue, 01/27/2015 - 00:28 | 5709365 FreeShitter
FreeShitter's picture

It is when the big ballers/economy wreckers work for satan.

Tue, 01/27/2015 - 00:49 | 5709417 InjectTheVenom
InjectTheVenom's picture

you can run but you can't hide . . .

Tue, 01/27/2015 - 00:54 | 5709430 fascismlover
fascismlover's picture

Their pitchforks will come from their trusted servants...no matter what isolated utopia they flee too.  They will always need servants and those servants will be their demise.  If only they could survive without servants (they cant)...either way they are kind of screwed because the people will come to wherever they are. It will be like free delivery...FOB.  Sucks all around unless you are a slave.

Tue, 01/27/2015 - 05:43 | 5709740 gold-is-not-dead
gold-is-not-dead's picture

They can run, but they can't hide. If SHTF it will be a sign that the season for fund managers is open.

Tue, 01/27/2015 - 06:39 | 5709756 Supernova Born
Supernova Born's picture

The half-lives of cesium and strontium means no one gets neglected.

Tue, 01/27/2015 - 07:42 | 5709835 negative rates
negative rates's picture

It's just plum crazy I tell ya.

Tue, 01/27/2015 - 09:32 | 5710137 weburke
weburke's picture

their wives and extended families like the first world, period.

THE INVESTMENT THAT MAY BE BEST , is buying ALL the products you use and will use in the future, now while they are cheap and available. The supply chains for any product are so vast, even pencils have a VERY long list of suppliers for all the elements that go into it, and they are from a VERY long list of locations. 

Tue, 01/27/2015 - 08:01 | 5709882 Tall Tom
Tall Tom's picture

Rockets can shoot down Gulfstreams at regional airports...You can always target the ENGINES.

 

Flak...Flak...Flak...One can always put up a curtain of shrapnel upon jet departure.

Tue, 01/27/2015 - 00:32 | 5709380 AlaricBalth
AlaricBalth's picture

New Zealand?? Seriously? Does anyone here think the "super rich" would disclose to anyone, whether at Davos or not, where they are going when the SHTF. NZ is a head fake. The smart money has multiple passports, multiple homes and assets offshore to ensure survivability. They already have key bureaucrats and politicians within various countries in their back pockets "like so many nickels and dimes".

One thing about the so called "smart money". It ain't stupid.

Tue, 01/27/2015 - 01:04 | 5709447 El Vaquero
El Vaquero's picture

When SHTF, who is going to have the means to get to NZ?  A few of these people probably know what it is to live on a farm or whatever, but a lot of them probably don't have a clue when it comes to living away from civilization without supply chains. 

Tue, 01/27/2015 - 01:28 | 5709479 NidStyles
NidStyles's picture

When SHTF, there is this thing called chaos that will interrupt even the best laid plans.

 

No one will be safe, least of all those that travel in such a fashion to be extremely visible, like all of those limo liberals and whatnot.

 

They haven't a chance, because there are not enough merc's that are willing to take a bullet for a douche for some lousy paper.

Tue, 01/27/2015 - 03:20 | 5709585 wintermute
wintermute's picture

Wealthy hedgies can afford to set up anywhere.

Tue, 01/27/2015 - 04:28 | 5709686 boattrash
boattrash's picture

The New Zealanders I've worked with would go dig holes in these airstrips, simply to watch these cocksuckers crash and burn on arrival.

Tue, 01/27/2015 - 07:12 | 5709810 MiTasol
MiTasol's picture

Nah mate, wait for the planes to land, unload the blow and hookers and torch the rest.

Tue, 01/27/2015 - 07:50 | 5709855 Bob
Bob's picture

Thanks for the hope, boattrash.  The moral arc of history should bend as quickly as possible against these cocksuckers. 

Tue, 01/27/2015 - 10:31 | 5710438 messymerry
messymerry's picture

Jared Diamond put it best in his book "Collapse", "The only advantage the elites have is that they will be the last to starve."

 

;-D

Wed, 01/28/2015 - 02:43 | 5714788 kingstukie
kingstukie's picture

With a name like Diamond I'd say he's part of the problem.

Tue, 01/27/2015 - 03:11 | 5709591 tired1
tired1's picture

It's a cookbook!

Tue, 01/27/2015 - 04:30 | 5709690 boattrash
boattrash's picture

+100, tired1

Wed, 01/28/2015 - 02:34 | 5714777 kingstukie
kingstukie's picture

Not a yahoo in sight.

 

blink blink

Mon, 01/26/2015 - 23:45 | 5709254 NoDebt
NoDebt's picture

You beat me to it. 

Mon, 01/26/2015 - 23:51 | 5709267 stant
stant's picture

ND you the hot tub guy , the throw them out the window guy ,and Kyle bush x girl friend need to get to work

Mon, 01/26/2015 - 23:58 | 5709296 NoDebt
NoDebt's picture

I'm the nail gun guy.  Few ring my phone to fix things any more.  Nail gun 'suicides' are apparenty "too high profile" and "raise too many questions" these days.  Whatever.  Buncha fucking pussies.

In the old days you offed people with a thin veneer of plausibility but with a clear underlying message to those who understood the act.  Not any more.  They just quiety kill people.  No message.  No warning.  Just... dead and gone (and quickly forgotten if it's done right).

 

Tue, 01/27/2015 - 00:06 | 5709319 stant
stant's picture

Alas it was the high point of the art. And will be legend. We got this here depression goin on. I expect much cruder less costly methods near term

Tue, 01/27/2015 - 05:03 | 5709717 zhandax
zhandax's picture

"Daddy, do you realize 30,000 people a year are killed by handguns?"

"Would you rather they was pushed out of windows, little goil?"

Mon, 01/26/2015 - 23:50 | 5709269 Groundhog Day
Groundhog Day's picture

The .01percent need bug out places too

Tue, 01/27/2015 - 00:16 | 5709346 Kaiser Sousa
Kaiser Sousa's picture

Terminus awaits them...

sanctaury for all.

Tue, 01/27/2015 - 04:57 | 5709711 Lanka
Lanka's picture

They probably have Salvatore Ferragamo bug-out bags.

Mon, 01/26/2015 - 23:50 | 5709263 F0ster
F0ster's picture

That's what yachts are for!

Tue, 01/27/2015 - 11:05 | 5710641 DriveByLurker
DriveByLurker's picture
"You've got that eternal idiotic idea that if anarchy came it would come from the poor. Why should it? The poor have been rebels, but they have never been anarchists; they have more interest than anyone else in there being some decent government. The poor man really has a stake in the country. The rich man hasn't; he can go away to New Guinea in a yacht. The poor have sometimes objected to being governed badly; the rich have always objected to being governed at all. Aristocrats were always anarchists"

 

G.K. Chesterson, The Man Who Was Thursday (1908)

Tue, 01/27/2015 - 14:45 | 5711864 August
August's picture

..."Aristocrats were always anarchists"

Correct, but not in the principled, philosophical sense. 

More like in the Jeff Berwick "whatever you can get away with" sense.

Mon, 01/26/2015 - 23:58 | 5709290 cynicalskeptic
cynicalskeptic's picture

Elysium?   or are those rumors of caverns with shelters for the 0.01% true?

 

Tue, 01/27/2015 - 02:50 | 5709580 enloe creek
enloe creek's picture

Rarity mountain tn. Something there was a remote mountain now it is a remote mountain with an exit off I 75 how come?

Tue, 01/27/2015 - 07:20 | 5709814 j0nx
j0nx's picture

Huh? English, do you speak it?

Tue, 01/27/2015 - 00:07 | 5709320 Eireann go Brach
Eireann go Brach's picture

Austin Powers just woke up after being frozen for 30 years and screamed, who the fuck put them in the White House! America, must be absolutely fucked!

Austin, you have no idea just how bad it is!

Tue, 01/27/2015 - 00:11 | 5709334 doctor10
doctor10's picture

for anyone interested, the process by which this is accomplished, is called "asset-stripping" and the IRS reporting requirements exist primarily to faciilitate the process

Tue, 01/27/2015 - 00:21 | 5709354 El Vaquero
El Vaquero's picture

Note to self:  When SHTF, steal aircraft carrier, go to NZ.

Tue, 01/27/2015 - 00:38 | 5709399 seek
seek's picture

Oh, private armies will give them some protection initially. Eventually though I think we'll see them succumb to temptation, or the hedgies will have a layoff of some of the dirty deeds types that will backfire spectacularly.

I have this fantasy in 2025 the reformed states send marine expeditionary units out to gather certain people for trials back home, and the news is filled with tales of their capture or of their suicides as the palace walls fall.

Tue, 01/27/2015 - 01:28 | 5709483 NidStyles
NidStyles's picture

When the paper goes up in smoke, what makes people think those paid for armies are going to stick around?

Tue, 01/27/2015 - 02:09 | 5709535 Zoomorph
Zoomorph's picture

Nothing is forever. I doubt the 0.1% have any illusions about that. They are planning a few years ahead just as we are. They may all be rounded up and killed at some point in the future. Out of whoever is doing the rounding up and killing, the next era of elites will be born. Or maybe these ones will persist for a few more centuries. Who knows. Although some have been more successful than others in the past, none of us are invincible or omnipotent.

Tue, 01/27/2015 - 02:10 | 5709536 Bloppy
Bloppy's picture

US military is doing business with North Korea:

http://tinyurl.com/l9zrfpj

Tue, 01/27/2015 - 02:42 | 5709564 drendebe10
drendebe10's picture

Gee, wonder what the poor people are doing...

Tue, 01/27/2015 - 02:38 | 5709566 drendebe10
drendebe10's picture

Gee, wonder what the poor peopke are doing...

Tue, 01/27/2015 - 03:13 | 5709592 me again
me again's picture

Escape from the fallout is more like it. as in the classic movie, "on the beach'.

Tue, 01/27/2015 - 07:50 | 5709848 Cloud9.5
Cloud9.5's picture

Yet they want me to invest.

Mon, 01/26/2015 - 23:45 | 5709255 Hulk
Hulk's picture

Who spilled the beans ???

Mon, 01/26/2015 - 23:47 | 5709258 buzzardsluck
buzzardsluck's picture

 

“I know hedge fund managers all over the world who are buying airstrips and farms in places like New Zealand because they think they need a getaway,” he said.

 

So they aren't totally retarted?

Mon, 01/26/2015 - 23:50 | 5709261 holdbuysell
holdbuysell's picture

NYT...an MSM rag.

Why would they publish this?

Food for thought.

Mon, 01/26/2015 - 23:50 | 5709270 Hulk
Hulk's picture

They must want all us nut cases in New Zealand for some reason, probably going to get us all there and Haarp our asses !!!

/s

Tue, 01/27/2015 - 07:30 | 5709822 durablefaith
durablefaith's picture

They are rolling out the unwelcome mat for expats worldwide..

Mon, 01/26/2015 - 23:54 | 5709276 yrbmegr
yrbmegr's picture

As if there's nobody in New Zealand?

Mon, 01/26/2015 - 23:55 | 5709283 DirkDiggler11
DirkDiggler11's picture

They can run but they can't hide. Bankers and Hedgies are despised and hated within every country on the globe.

Time to get after the banker with a pair of pliers and a blowtorch ....

Mon, 01/26/2015 - 23:57 | 5709284 NihilistZero
NihilistZero's picture

May our Kiwi brothers track them down and terminate them with extreme prejudice.  I look forward to Instagram posts of the carnage.

Tue, 01/27/2015 - 01:57 | 5709515 ninefourfour
ninefourfour's picture

I am a kiwi brother and nail guns are real cheap at the local Mitre 10 store. The problem is they're all made in China but they only cost $2 so you can always buy a few.

 

The thing to understand is that a seriously wealthy person is an easy hide in NZ, if you don't splash the cash then you're just like the rest of us and very hard to spot because you just blend into the background. Very few people would recognise you.

 

We get all-comers as well, there's a Russian oligarch who's built a $50m getaway complex up in Northland and there are plenty more just like him. I get to see a bit of this wealth as I work in the luxury car game, I've seen the Lamborghini Aventadors coming off an Emirates 380 at Auckland airport - you bring your luxury cars here because you can drive them without getting car-jacked and if you're sensible you'll get no hassles from the police, they don't even carry guns.

The business I work in has had solid 20% year on year growth for the 22 years I have worked in it - we have 300 new Porsches registered in NZ in the last 12 months, with a total poulation of just over 4 million this sets some serious per capita sales volumes. It's the $1m market that's running hot at the moment - Porsche 918 spyder, McClarens of various designations, bespoke Bentleys... you get the picture.

And the rest of us  we get live on our average wage around $35k a year. The safety net is huge here, if you're a lazy bastard you can go 20 years on the unemployment benefit courtesy of the taxpayer, we do have a good health system though, the only health insurance I've ever had in my life was for a week I spent on the big island of Hawaii last year. I have an artifical heart valve which I got by emergeny admission to hospital just on 10 years ago. It was in, out and back to work to pay some more taxes!

Tue, 01/27/2015 - 15:12 | 5712040 August
August's picture

The Auckland property market is a wonderful thing. 

Even the sevants are getting servants, all the way down.

Mon, 01/26/2015 - 23:57 | 5709285 darteaus
darteaus's picture

“I know hedge fund managers all over the world who are buying airstrips and farms in places like New Zealand because they think they need a getaway,” 

gotta a map?

Tue, 01/27/2015 - 00:01 | 5709306 cynicalskeptic
cynicalskeptic's picture

Maybe airport wokers will conveniently load the wrong fuel - or make some other 'mistake' in prepping those private planes.  Forget the Oxygen maybe?  

Small private aircraft crash all the time - especially when carrying activist politicians.  Are hedge fund guys exempt from such random disasters?

Tue, 01/27/2015 - 08:08 | 5709898 Tall Tom
Tall Tom's picture

Project Mayhem...

Mon, 01/26/2015 - 23:59 | 5709294 cynicalskeptic
cynicalskeptic's picture

Paraguay used to be the safe haven for ex-Nazis and such.  The Bush family had a nice big compound there.... but then the government changed.  They're far less 'accommodating' to such types now.

Tue, 01/27/2015 - 05:17 | 5709730 stacking12321
stacking12321's picture

that is good to know.

can you expound a bit on how you know this info, or possibly provide a link on the paraguay situation?

thanks in advance!

Mon, 01/26/2015 - 23:59 | 5709295 Jethro
Jethro's picture

They are only a bullet away.  If they think otherwise, they are only deluding themselves.

Tue, 01/27/2015 - 00:00 | 5709298 FoodStampPrez
FoodStampPrez's picture

I make 150k and I'm broke. 45% fed and state tax for being self employed. That leaves me with 82.5k. 2000 per month in child support, that leaves me with 58.5k. 1800/mo in rent for a house (yes, I could save 300/mo by living in an apartment). Leaves me with 38k. Health and dental insurance, 400/mo. Down to 33k. Utilities 400/mo, down to 28k. Cook a lot at home, but groceries aren't cheap (for a family of 4). 1k a month, down to 16k. Car insurance, renters insurance, life insurance, another 250 a month down the drain. Down to 13k.

 

$1,000 a month in "disposable" income on a 150k a year income (with a 6k healthcare deductible and college to save for)...America!

Tue, 01/27/2015 - 00:07 | 5709318 cynicalskeptic
cynicalskeptic's picture

Divorce is expensive.   BHut you've got dental insurance - that's a rarity these days!

 

Problem is that the upper end of the middle class is the only group left actually paying taxes.  The poor are PAID by gov while the wealthy manage to shelter much of their income and pay a pittance.  If you're a high end wage slave you're screwed and pay the MAX - with no escape.

Tue, 01/27/2015 - 00:10 | 5709331 FreeShitter
FreeShitter's picture

Thats why I always pulled out, saved me 2k/month in child support.

Tue, 01/27/2015 - 01:36 | 5709495 cynicalskeptic
cynicalskeptic's picture

Twenty odd years ago it seemed like there WAS a future....... not so sure I'd have kids now if I knew what was coming.  

We've got great ones - all you could want but I can't help but feel that they're fucked in more ways than I can imagine.  I feel like apologizing for having them.

On a more selfish vein - we'd be damn well off if we weren't paying college tuition - though at least they'll make it through without any debt (the one thing we can do for them).  Interestingly, II've been doing some genealogy work.  Seems like reverse Darwinism is in play.  The truly 'successful' - the well educated and well off financially - often married late, had no kids and proved to be  genetic 'dead ends'.  You'll see a family where all are tradesmen, with sons taking up their father's trade but ONE person 'breaks the mold - - thier children go to college and are astoundingly accomplished.  You have to wonder what exactly was so different in that family.   I suppose my wife and I are like that  (though we had kids).  First in our lines to go to college with kids going to top tier schools.  Nobody else in our extended familieas have come close.   But then we worked our tails off - AND got lucky.  And make no mistake - luck (good and bad) has a huge impact on your life.  One GOOD job - or a really BAD one... one illness...can change everything no matterhow hard you work.

 

Tue, 01/27/2015 - 02:44 | 5709572 in4mayshun
in4mayshun's picture

I'm 36 now with no kids so I've been hit with the "kids?" Question for 10+ years. Guess I was ahead of my time cause I've known for years that having kids in this world is selfish- you ain't doing the kids any favors. It's amazing how peoples' reactions have changed in a decade from "oh you gotta have some kids!" to "if I could go back I probably wouldn't have children..."

Tue, 01/27/2015 - 09:02 | 5710053 Oldwood
Oldwood's picture

And not having kids is the ultimate sacrifice. Left with excess funds and time, all one can do to salve their pain is vacations, sports cars and bigger houses. A terrible sacrifice.

Our job (which I have failed miserably at) is to procreate, producing an educated and enlightened progeny to carry on. Instead we have those who only want uninterrupted consumption or self gratifying sexcapades that occasionally produce unwanted children or welfare chips.

We can easily see the future. And no, its not selfish people having children, it's self absorbed people who only care about themselves in the most immediate way possible. Its a worl populated by people who have no sense of past or future, which means that thousands of years of knowledge will be ignored for the sake of an imagined future that does not exist, and for most others, no thought of the future whatsoever.

Tue, 01/27/2015 - 00:10 | 5709338 FoodStampPrez
FoodStampPrez's picture

P.S. I don't have cable and my cell phone is $25/month. Child support is not tax deductible. Neither is rent. This is what I get for not being a debt slave!

Tue, 01/27/2015 - 01:12 | 5709458 MarkGoldman
MarkGoldman's picture

That's exactly what you get, now get back to work...you've got leeches to support.

Tue, 01/27/2015 - 03:17 | 5709598 BigDuke6
BigDuke6's picture

The best financial advice you will ever get is 'have one wife'

Wed, 01/28/2015 - 09:24 | 5715285 Leraconteur
Leraconteur's picture

The best financial advice you will ever get is 'have NO wife'.

FIFY...

Tue, 01/27/2015 - 00:20 | 5709350 joego1
joego1's picture

I used to worry about making six figures but it ends up making half that works out better if you can change your life style.

Tue, 01/27/2015 - 00:36 | 5709391 Bangalore Torpedo
Bangalore Torpedo's picture

Yeah, but my friggen aunt makes $809,918,901 every day by running her own online business ...

Tue, 01/27/2015 - 00:27 | 5709360 Bangalore Torpedo
Bangalore Torpedo's picture

yA FUCKED UP...Had you read the New Testament you'd have realized that you should have never divorced.  Also I love you indentured renters...you have this uncanny nack of paying off my mortgages.  Thanks for that.  Me, well I "own" my home, well me and the city and county government whom I pay a few G-spots a year as "rent".  Really reduces the "house payment footprint" from around 24K a year to a mere 2K + 2K for insurance et. al.

 

Yep, ya fucked up pardner.

Tue, 01/27/2015 - 00:52 | 5709426 ILikeBoats
ILikeBoats's picture

Read up on Sec197 deductions.  You need to buy a few office laptops each year, maybe some tablets. Write them all off the top.  Have your kids "help you" using those laptops.  etc. etc. 

Tue, 01/27/2015 - 00:55 | 5709431 I Write Code
I Write Code's picture

Can't rent much of a house in the big city for $1,800/month, even health insurance costs more, you could easily have a family income of $200k in the big city and barely scrape by, and if you want to get your kids out of the city schools omg.

Tue, 01/27/2015 - 01:12 | 5709452 Leraconteur
Leraconteur's picture

I have no sympathy for you at all.

Not from the point of view of me being from North America and once earning 100k and could not spend it all.

Certainly not from the point of view of now living in a developing country.

You want too much, you cannot adjust your lifestyle, you are addicted to what you think you need.

What you want, and what you need, have been confused.

If you cannot get by on 150k on this planet, the problem is YOU.

I understand and ''get'' that YOU do not think that what you want is too much.

It is too much, and your inability to adjust is the point.

P.S. You got married - TWICE. You had kids with both the first and second spouse. There is your main problem.

Tue, 01/27/2015 - 08:16 | 5709923 Tall Tom
Tall Tom's picture

You expose yorself as a psychopath without the ability to empathize.

 

That is good to know.

Tue, 01/27/2015 - 18:38 | 5713213 Leraconteur
Leraconteur's picture

Empathise with someone who is in the top 1% of global income, who claims he is broke?

Nope.

Tue, 01/27/2015 - 03:52 | 5709641 johnconnor
johnconnor's picture

I feel your pain, woman can't be even bigger bloodsucker than goverment burocrats....

why did these graphs that consider someone making over $100k High class? really? if you make $100-150K in San Francisco, NY, or Washington you are barely above mean middle class. Good luck funding a house for less than half a million

Tue, 01/27/2015 - 12:08 | 5711030 drendebe10
drendebe10's picture

Bureaucrat billsh*t gubmint taked 45 cents every buck made.  

Time 4 gubmint ctrl-alt-del.

Mon, 01/26/2015 - 23:59 | 5709300 Seasmoke
Seasmoke's picture

It's a small world after all. 

Tue, 01/27/2015 - 00:03 | 5709308 The Shape
The Shape's picture

Sharpen your axes, New Zealand.

Tue, 01/27/2015 - 06:54 | 5709795 Tompooz
Tompooz's picture

"Sharpen your axes, New Zealand"

Eh,.... we got an ex-Merryl Lynch guy as prime minister.

 

Tue, 01/27/2015 - 15:28 | 5712166 August
August's picture

>>>we got an ex-Merryl Lynch guy as prime minister.

And he used to work at the NY Fed, too.  Maybe it was all pro bono.

Tue, 01/27/2015 - 00:03 | 5709310 oncefired
oncefired's picture

When The End Times come, we will hunt you down in New Zealand and there will be no Mercy! Banksters are so shortsighted, live for today, but tomorrow is what you really need to worry about.

Tue, 01/27/2015 - 00:07 | 5709311 Fukushima Fricassee
Fukushima Fricassee's picture

I wonder what bunker the Politicians have carved out after they throw Wall Street and the central bankers under the bus and the bus keeps rolling straight at them down hill.

Tue, 01/27/2015 - 00:06 | 5709314 joego1
joego1's picture

Anyone up for hunting trip to new Zealand? I have some hegee tags and a new winchester hedge blaster .308.

Tue, 01/27/2015 - 00:20 | 5709351 Bangalore Torpedo
Bangalore Torpedo's picture

.50 BMG

Tue, 01/27/2015 - 00:25 | 5709359 joego1
joego1's picture

.50 BHB

(Big hedge blaster)

Tue, 01/27/2015 - 00:28 | 5709368 Bangalore Torpedo
Bangalore Torpedo's picture

Yep well unless you can shoot it out of a pointy stick (not that "pointy stick") I'm not interested!  Cheers!

Tue, 01/27/2015 - 00:28 | 5709364 joego1
joego1's picture

Hw àbout à .338 squidpua

Tue, 01/27/2015 - 01:34 | 5709486 MASTER OF UNIVERSE
MASTER OF UNIVERSE's picture

I'm a fisherman so I don't know anything about guns and hunting. Is a .308 Winchester for putting Bullwinkle on the diner table or Bambie?

 

Question: Did you kill Bambie?

How about Bullwinkle?

 

How much does a Winchester .308 go for?

 

And last but not least, why don't you fish instead?

Tue, 01/27/2015 - 00:06 | 5709315 q99x2
q99x2's picture

Someone should start coding on an online gambling websites to bet on which criminal oligarch blows the others nest up first. Won't take long before they are racially segregated. Then you can bet your bottom dollar the sparks will start flying.

Give em a year or two before they start blasting each other to smiterines.

Tue, 01/27/2015 - 00:57 | 5709434 WOAR
WOAR's picture

Now, now, why would the oligarchs kill each other when, after TSHTF, they have the whole planet essentially to themselves?

Sure, hundreds and hundreds of years after the apocalypse, their descendants may start killing each other. But right after? Implausible. They're all in bed together, and they like it that way.

Tue, 01/27/2015 - 00:08 | 5709323 Oldwood
Oldwood's picture

Liquidity, transportability, transferability and consumability. 

And a night vision scope

My ability to bug out.

 

Tue, 01/27/2015 - 00:26 | 5709361 red1chief
red1chief's picture

Hmmm, pitchforks against drones with 500 pound bombs. Best to sit that one out.

Tue, 01/27/2015 - 07:03 | 5709805 Wahooo
Wahooo's picture

True if the battle fought is overseas. But in a domestic revolt where the opposing side has more than pitchforks, just how many bankers and politicians would need to meet their ends for the system to either collapse or be rewritten? 10, 20, 100? I think those would be reachable numbers in any armed revolt.

Tue, 01/27/2015 - 00:28 | 5709367 pragmatic hobo
pragmatic hobo's picture

$100K is high? if you make $100K in NYC you are likely living in a 160 sqf rat hole while eating cat food for dinner.

Tue, 01/27/2015 - 00:32 | 5709382 Bangalore Torpedo
Bangalore Torpedo's picture

Move to bronx and buy a shotgun and a .45 ACP...you'll boost your standard of living and odds of getting murdered by 80%

Tue, 01/27/2015 - 00:32 | 5709383 kchrisc
kchrisc's picture

The guillotines will find them.

The banksters need to repay us.

Tue, 01/27/2015 - 00:39 | 5709398 Bangalore Torpedo
Bangalore Torpedo's picture

I've pondered this on many a sleepless night: Have you or do you think you ever will realize that the banksters will never actually pay us back?  Just sort of curious.

Tue, 01/27/2015 - 01:40 | 5709498 kchrisc
kchrisc's picture

First, that is a carefully placed piece of rhetoric, propaganda, being used to try to induce people to think about the banksters, and their thefts. It is also to plant the idea, or at least get people thinking about the idea, that the banksters stole from us what they say that we owe them--We do not need to repay them, but they need to repay us.

My personal mission is to make sure they answer for their crimes, and repay us, the American people, for what they have stolen from us. To that end, I will educate as many as possible as to how, why, and who, is responsible for our plight, and then, if need be, operate a guillotine myself.

To answer your question, they will repay us. Whether it is in gold, silver, and/or heads does not matter, but they will repay us.

The banksters need to repay us.

 

There are many great books on fraudulent-reserve banking, but the best to start with is Griffin's, The Creature from Jekyll Island : A Second Look at the Federal Reserve. 

I can recommend more if interested.

Tue, 01/27/2015 - 02:01 | 5709526 MASTER OF UNIVERSE
MASTER OF UNIVERSE's picture

I agree, kchrisc, these banksters must repay us all and we should leave no stone unturned to make sure that they do. These gangsters have ripped us off for an entire lifetime worth of disposable income and profit so they could hoard it all to themselves and then watch everyone else

fight for table scraps while they offshore and hide as best they can.

 

NOTE: "We shall fight them on the beaches and on the seas and oceans, we shall fight them in the towns and cities, we shall never surrender"

 

I think Churchill said something to that effect. I always get a kick out of your determination to stick with it and get the banksters in the end. I feel the same way.

Tue, 01/27/2015 - 00:35 | 5709388 yogibear
yogibear's picture

In some of these 3rd world countries the wealthy end up being kidnapped.

What's your life worth if your a billionaire?

Probably worth all the money you have.

A $100 million or more is quite an incentive for a team of ex-middle class, ex-special forces guys. With the right weapons and equipment, a bodyguard and an armored car won't deter them.

 

Tue, 01/27/2015 - 00:37 | 5709397 Niall Of The Ni...
Niall Of The Nine Hostages's picture

Bugout for our masters? Isn't that what Israel was for?

Tue, 01/27/2015 - 00:44 | 5709407 Dragon HAwk
Dragon HAwk's picture

They will be the guys with  2 million in survival gear and don't know how to light a fire, to save their ass. The they will bitch when they can't look up their instructions on the Web. and argue over which  millionaire digs the latrine

Tue, 01/27/2015 - 01:00 | 5709442 El Vaquero
El Vaquero's picture

Some bought farms.  I bet a few of them have grown a garden and whatnot, and a few probably actually have an idea of what that entails.  The ones that were brought up in that life? 

Tue, 01/27/2015 - 01:11 | 5709422 astitchintime
astitchintime's picture

Buying airstrips and farms in hopes of escape.

Who exactly thinks that way EXCEPT oligarchs ????

I mean, yeah my little simpleton self thought of farmland <like, an acre or so maybe less> to grow a few vegetables.

An AIRSTRIP?   that is SEVERAL acres!!

Y'all beginning to see how GREEDY these fuckers are ??

Oh golly, I just need the extra 5 or 10 acres <I don't know the actuals but please just forgive me, I'm on a roll> for my private airstrip to be able to land and takeoff in my gulfstream

#areyoufreakingkiddingme

Tue, 01/27/2015 - 00:56 | 5709435 Steverino
Steverino's picture

.

Tue, 01/27/2015 - 00:56 | 5709436 Steverino
Steverino's picture

These Davos morons honestly think the disenfranchised classes are going to view them as different/separate from the political class??

 

They'll suffer the same retribution as the political classes will, one that even their remote airstrips and farms won't protect them from.. 

Tue, 01/27/2015 - 01:13 | 5709460 MASTER OF UNIVERSE
MASTER OF UNIVERSE's picture

Lookit, there ain't no recovery on the horizon or even past the horizon. The end game is a zero sum game for everyone in the World due to nuclear fallout everywhere. I fully believe that the Russian Federation will tire very quickly of USA bullshit meisters and nuke the fuck out of the USA in a fit of absolute fucking rage at American hubris. The arrogance of Americans' is going to be the final nail in the American coffin before Russia pushes the button and then invades to take over all infrastructure. American military are too fucked up to manage appropriately, the politicians are an absolute joke fest, and the wonks are obviously dreaming of yesteryear when average people in the World gave a fucking shit what Americans were planning to do. Nowadays, no sane individual in their right fucking mind believes anything that comes out of the American administration in Congress, or the White House. In point of fact, Americans think they still control the World stage when everyone else knows that the Americans have been booted off the World stage by their own exceptionalism demonstrated by assclowns like Kerry, McCain, O'Bummer, Clinton1, Clinton2, Bush1, Bush2, Bush3, Soros, Gates, Buffet, Paulson, Bernanke, Yellen, Greenspan, Rubin, Summers, Geithner, ad infinitum. Alternative media sees the administration as assclowns, but mainstream media still propagandizes to make it look like people actually give a shit what O'Bummer is going to say or do next. The plain and simple truth of all of this is that American administrations can be viewed behaviourally and their future behaviour can be predicted based on their past behaviour which does not bode well for America or Americans en masse when the record is available and indicates bad behaviour to begin with. In brief, the future of American Corporatism

is so bright you gotta wear shades, especially after Putin lights the fuse to the surprise party America will eventually get in her honour.

Tue, 01/27/2015 - 06:58 | 5709799 Wahooo
Wahooo's picture

Why would anyone want to take over the U.S.? Destroy it, maybe. But actually run it? No way.

Tue, 01/27/2015 - 23:21 | 5714281 Charming Anarchist
Charming Anarchist's picture

If I ever get a chance to meet Satan face-to-face, I will be sure to ask him. 

 

Seriously though, there is no objective difference between taking over, destroying or running a country.  Modern statism is a dynamic combination of master-slave and parasite-host relationships with multiple agents trying to bleed the tax-payer dry with different long-term plans of their own. 

All the deep statesmen need is the appearance of the country being run.  They do not need to run the country the way you and or I may like to see it run. 

Heck, I do not even believe the die-hard deep statesmen genuinely respect the integrity of states (or countries) the way 99% of folks do.  I believe they are evil anarchists at heart. 

Tue, 01/27/2015 - 07:42 | 5709832 kurzdump
kurzdump's picture

If our global civilization does not end in a sudden massive carnage, there is just a small chance to avoid human extinction or regression to stone age in best case. So better hope for a nuclear war taking out all of the great cities, a devastating contagion or any other catastrophe killing 95-99% of all people within a few days.

Tue, 01/27/2015 - 08:12 | 5709913 Bob
Bob's picture

Agreed, biological "remedies" will be employed once the masses are more trouble than they're worth.  A whirlwind worldwide epidemic will keep everybody busy burying bodies, mourning, and dying thinking of it as "an Act of God." 

The oligarchs will be snickering in their compounds while squeezing out cosmetic crocodile tears to show how much they care on remote TV feeds. 

They're extremely unlikely to destroy it all just to get rid of the masses and own it all. 

JMO. 

Tue, 01/27/2015 - 09:08 | 5710063 kurzdump
kurzdump's picture

'Armageddon'

Tue, 01/27/2015 - 01:15 | 5709463 jonjon831983
jonjon831983's picture

"Netherlands Increases Gold Holdings for First Time Since ’98"

http://www.bloomberg.com/news/2015-01-27/netherlands-increases-gold-hold...

The only safe thing that comes to mind when everything is so confusing?

Tue, 01/27/2015 - 01:25 | 5709473 The_Prisoner
The_Prisoner's picture

They seem to overlook the fact that the Maoris of New Zealand have a proven track record of taking out invaders.

http://en.wikipedia.org/wiki/New_Zealand_Wars

Tue, 01/27/2015 - 01:30 | 5709485 serotonindumptruck
serotonindumptruck's picture

Ionizing radiation doesn't care how much money that you have.

Soon, we'll all be absorbing our own fatal dose.

Mankind is doomed, and the Earth will be a dead planet within the next 50 years.

Tue, 01/27/2015 - 02:40 | 5709569 JustUsChickensHere
JustUsChickensHere's picture

Absolutely untrue. We and almost all the current species on the planet will be dead, but radiation is just an evolutionary pressure, and one that also increases the mutation rate.

Radiation toleratant species will emerge - it just will not be us.

Oh ... and that process takes a while - a few million years at least.

 

Tue, 01/27/2015 - 23:31 | 5714364 Charming Anarchist
Charming Anarchist's picture

Hope!  Change! 

Tue, 01/27/2015 - 01:50 | 5709508 Batman11
Batman11's picture

Greece has woken up.

In this brave new world bankers are in first class and the rest of us are in second.

In first class - unconditional bailouts with no strings attached and trillions of QE

In second - any bailout comes with years of punishing austerity

 

Tue, 01/27/2015 - 02:14 | 5709542 Batman11
Batman11's picture

It is not just Greece that has woken up, a week of anti-austerity protests in Spain just went unreported in the MSM (covered by RT).

The Spanish don't like unconditional bankers bailouts and austerity for the people either.

Tue, 01/27/2015 - 02:44 | 5709570 Magnum
Magnum's picture

Montenegro is a hideout to consider...

Tue, 01/27/2015 - 02:52 | 5709581 Luckhasit
Luckhasit's picture

Goddamnit Tyler, spell check mutha fucka!

Tue, 01/27/2015 - 03:05 | 5709587 Budd Fox
Budd Fox's picture

I am in New Zealand....no worries mates, we got rifles too..

Tue, 01/27/2015 - 06:56 | 5709797 Wahooo
Wahooo's picture

You're gonna need nailguns.

Tue, 01/27/2015 - 03:06 | 5709588 basho
basho's picture

"“I know hedge fund managers all over the world who are buying airstrips and farms in places like New Zealand because they think they need a getaway,” he said. "

what a joke. these fools should read a bit of history. these hideaways are easy picking. 

it's been done before with the plantation owners in...name your country in africa or southeast asia.

Tue, 01/27/2015 - 03:11 | 5709593 Batman11
Batman11's picture

Mervyn King the ex-Governor of the BoE did warn of the moral hazard of applying free market discipline to everyone apart from banks.

Banks have unconditional bailouts and trillions in QE, people its austerity for you.

 

 

Tue, 01/27/2015 - 03:21 | 5709603 Batman11
Batman11's picture

From someone else at the BoE:

“Banking was conceived in iniquity and was born in sin. The bankers own the earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the cost of your own slavery, let them continue to create money.” — Sir Josiah Stamp, Director of the Bank of England (appointed 1928). Reputed to be the 2nd wealthiest man in England at that time.

Tue, 01/27/2015 - 06:52 | 5709792 smacker
smacker's picture

It's a pity that SIR Mervyn King (of inflation) didn't speak the truth while he was BoE Governor and didn't run the Board like a cult or fan-club: http://pistolero.aracari.swift-mail.com/Misc/RT.com-boe-accused-of-incom...

By only giving such speeches/interviews since he retired is cowardly.

His pension should be slashed since he failed to prevent the financial crises of 2008 and was almost certainly involved in - or aware of - LIBOR and FX market rigging.

Tue, 01/27/2015 - 03:12 | 5709594 Batman11
Batman11's picture

.

Tue, 01/27/2015 - 03:14 | 5709595 Batman11
Batman11's picture

.

 

Tue, 01/27/2015 - 03:23 | 5709604 Late onset ADHD
Late onset ADHD's picture

gotta' love those klepto-oligarchs... golly gosh!!!... moral supremacy is certainly residing in interesting places these days... makes our beltway clowns pale in comparison - oh wait, is that the comparison we really want to make?... oops, sorry chess-game fans... three card monty dealt by a one armed man...but a sh1thead thief is still a sh1thead thief, no matter where in the world they are holding court...

Tue, 01/27/2015 - 06:45 | 5709784 smacker
smacker's picture

"Another dead banker?"

Maybe. But there's no ID yet. The location looks ominous.

Tue, 01/27/2015 - 11:19 | 5710723 RaceToTheBottom
RaceToTheBottom's picture

A Risk Management specialist, who jumps off of skyscrapers.

Rich.  At least those death facilitators have a sense of humor

Tue, 01/27/2015 - 03:52 | 5709642 22winmag
22winmag's picture

The South was right!

Tue, 01/27/2015 - 04:36 | 5709673 Late onset ADHD
Late onset ADHD's picture

nope sorry they weren't...

it's not ok to marry your sister... as well as all the other stuff...

Tue, 01/27/2015 - 10:27 | 5710405 Mike Honcho
Mike Honcho's picture

Sexual perversion only exists in certain geographic regions, genius.

 

Once the progressives tell you states rights is hip then you can believe.

Tue, 01/27/2015 - 17:38 | 5712843 Late onset ADHD
Late onset ADHD's picture

nope, honcho... the range of sex proclivities is a distributed data system and a business model... ever heard of the internet?... what are you six years old?... or just another mook with a computer and a purty mouth?...

until any state or states show the huevos to assert their rights, they're still acting like a bunch of in-bred mouth breathers... "the south was right" is a cry that screams "oh we're all just victims"... what a pussy line...

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