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On America's Middle-Class Divide

Tyler Durden's picture




 

With both political parties having concluded their respective rah-rah-fests and each vehemntly proclaiming "The Other Side" as failing miserably; it appears, as Raghuram Rajan points out in his latest article that while America’s presidential election campaign is superficially a debate about health care and taxes; it is much more fundamentally about democracy and/or free enterprise. As he notes, democracy implies regarding individuals as equal and treating them as such, with every adult getting an equal vote, whereas free enterprise empowers individuals based on how much economic value they create and how much property they own.

What prevents the median voter in a democracy from voting to dispossess the rich and successful? And why do the latter not erode the political power of the former?

The answer relies upon the 'dream' (American or otherwise) of a level playing field and hard-work paying off; once that middle-class hope begins to fade then the self-reinforcing benefits of democracy and free-enterprise will become self-destructive (not helped by the current parties' actions to enrage the middle-class 'working rich' against those losing faith).

The United States needs to restore the possibility of achieving the American Dream for its middle class, even while it reaffirms the historically light regulation and relatively low tax burden that have allowed enterprise to flourish.

The Heart of the US Election (originally posted by Raghuram Rajun at Project Syndicate)

...

What prevents the median voter in a democracy from voting to dispossess the rich and successful? And why do the latter not erode the political power of the former?

Echoes of such a tension are playing out as President Barack Obama tries to tap into middle-class anger, while former Massachusetts governor Mitt Romney appeals to disgruntled businesspeople.

 

One reason that the median voter rationally agrees to protect the property of the rich may be that she sees the rich as more efficient managers of that property. So, to the extent that the rich are self-made, and have come out winners in a fair, competitive, and transparent market, society may be better off allowing them to own and manage their wealth, while getting a reasonable share as taxes.

 

The more, however, that the rich are seen as idle or crooked – as having simply inherited or, worse, gained their wealth nefariously – the more the median voter should be willing to vote for tough regulations and punitive taxes on them.

Back, then, to America’s presidential election.

The recent crisis, followed by huge bailouts of financial institutions, has raised questions about how at least one segment of business – the bankers – make their money. As the misdeeds of “banksters” come to light, the system no longer seems fair.

 

Moreover, the American Dream seems to be slipping out of reach, in part because a good education, which seems to be the passport to prosperity, is increasingly unaffordable for many in the middle class.

So playing the 'disgruntled' middle-class against the 'working rich' seems like a win, but:

The middle class, however, is divided: some want to protect whatever entitlements and property they already have, while others want the government to give them a fairer chance.

As Rajun sums up so succinctly, this situation is untenable:

A free-enterprise system that is sustained only by the moneyed power of the successful is not stable, and unlikely to remain vibrant for long.

The United States needs to restore the possibility of achieving the American Dream for its middle class, even while it reaffirms the historically light regulation and relatively low tax burden that have allowed enterprise to flourish.

 

Source: Project-Syndicate

 

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Sun, 09/09/2012 - 21:14 | 2777177 GMan_
GMan_'s picture

BULLISH. Can't wait to buy SPX at 1436 tomorrow!

Sun, 09/09/2012 - 21:23 | 2777189 Michael
Michael's picture

Correct answer;

The divide and conker strategy is always advertised on Jewtube MSM TV.

See Jon Stewart and Stephen Cobert back to back for proof.

Sun, 09/09/2012 - 21:42 | 2777234 Pool Shark
Pool Shark's picture

 

 

I've said it before, and I'll say it again:

Democracy: Three wolves and two sheep voting on what's for dinner.

This is why our founding fathers were wise enough to give us a "Representative Republic."

Of course, we have voluntarily given back that which the Revolutionaries fought and died for...

Sun, 09/09/2012 - 21:47 | 2777244 nmewn
nmewn's picture

We may have to do it again to get the point across.

Sun, 09/09/2012 - 21:57 | 2777272 markmotive
markmotive's picture

The government doesn't give a shit about the middle class.

http://www.planbeconomics.com/2012/09/09/guest-post-the-bailout-by-the-a...

Sun, 09/09/2012 - 22:12 | 2777317 nmewn
nmewn's picture

At least the government and us see eye to eye...I don't give a shit about government either...up to the point it gets in my face.

Sun, 09/09/2012 - 22:41 | 2777397 Michael
Michael's picture

We have to get our government and FCC to break up the monopoly of the MSM.

We all know the truth, Who owns Reuters and AP, the Rothschild's.

We all know who owns the 6 big news networks if you've seen this, especially the last 10 minutes of it;

PROPAGANDA | FULL ENGLISH VERSION (2012) Notice their censoring it now?

http://www.youtube.com/watch?v=6NMr2VrhmFI&oref=http%3A%2F%2Fwww.google.com%2Furl%3Fsa%3Dt%26rct%3Dj%26q%3Dpropaganda%2520north%2520korea%2520documentary%26source%3Dweb%26cd%3D2%26ved%3D0CCYQFjAB%26url%3Dhttp%253A%252F%252Fwww.youtube.com%252Fwatch%253Fv%253D6NMr2VrhmFI%26ei%3Dc1BNUObRK4-68wTfn4H4CA%26usg%3DAFQjCNEO9kvD9fOiiYR7gbzTHN_9dVVn1w

And further who owns them;

Media Military Complex- Same 6 owners for Media & Defense Ron Paul coverage investigative journ pt 2

http://www.youtube.com/watch?v=fz_bjew709I&feature=my_liked_videos&list=LLdSnTNA6aMtwMSA6x2vyTYw

And I just got done skewering the previous ZH thread from the WSJ after ten minutes of research with Google, that should tell you something is wrong.

Maybe this will help;

Matchbox Twenty - Back 2 Good (Video) 

http://www.youtube.com/watch?v=Rg93Lac49-Y 

 

 

Sun, 09/09/2012 - 23:57 | 2777536 rhinoblitzing
rhinoblitzing's picture

>>> "We all know the truth, Who owns Reuters and AP, the Rothschild's."

<<< That is a Propaganda tool: I call BS whenever I hear -  "We all know..."  "Everyone Knows...."  thats a red flag for me,

as it's clearly not true that everyone knows... as you immediately put the weight of the conversation on your side...

 

Looks like Michael can only spew his own brand propaganda, as - It's the Oil Cartel, arabs, -

History repeats itself - the Jews are the easy scape goat - again... - beware.

 

Agreed that the MSM monopolies are doing great mind control - With the sheeple being educated by propagandists

camouflaged as comedians, late night hosts, and broadcasters. for them It's just show business.

.... While you were not watching, Russia gets admitted to the WTO and Putin shows his leadership skills by getting his geese in a row behind him

 

Mon, 09/10/2012 - 00:36 | 2777606 Michael
Michael's picture

It's just a character flaw.

Get over it.

Mon, 09/10/2012 - 02:39 | 2777711 Boris Alatovkrap
Boris Alatovkrap's picture

Boris is know how owns Reuters - is Rothschilds.

Sun, 09/09/2012 - 22:03 | 2777290 Boris Alatovkrap
Boris Alatovkrap's picture

No, is 2 wolf and 1 sheep, vote to choosing meal selection. Must have 2/3 super-majority.

Sun, 09/09/2012 - 23:02 | 2777436 goldfish1
goldfish1's picture

it is much more fundamentally about democracy and/or free enterprise

No it's not about either one of those things.

Sun, 09/09/2012 - 22:09 | 2777307 vast-dom
vast-dom's picture

no need for much violence when you take the average Amerikan and reduce them to sheeple brainwaves. Pwned through and through. Braying donkeeple sheeple biyatchez!

Mon, 09/10/2012 - 08:25 | 2777924 Tsukato
Tsukato's picture

I think we all need to face facts: that the middle class was only a temporary abberation. Throughout history there have been few very rich, many more lower rich- merchant class folks, and then a massive peasant class. Robotics has rung in the death knell of the overpaid manufacturing worker, and I think its about time. I'm sooooo sick on the "Hard working man" working on the assembly lines of companies like GM, tellin it like it is, saying he never gets a fair shake, and that management is ALWAYS a pack of idiots. These people don't work too hard, and if they actually just told the truth, the only thing they could say about their work and lives, is that they are boring and suck dick. Boo-hoo! Fuck off losers. You deserve to live peasant lives.

The vast majority of people are very dim lights; uninspired, lazy, narrow minded, and stupid. Whats so wrong with them being poor? The world's a tough place, and with globalization, not only are corporations and nations competing, but so too are individuals. Why should Sanjeep in India, or Cheng Liang in China, make massively less money than Hard-Working Jim in Detroit? They shouldnt. If Jim can't cut the mustard, then fuck him.

What we need is a smarter welfare program to take care of the unambitious, stupid and lazy, in a manner that's humane, but also sensible. Why not cheap public housing, community kitchens, community internet centers, free marijuana, and computer games for all, pocket money for everyone,... a sort of "Peasant Resort". Of course all the folks on the dole have responsibilities like cleaning, cooking, trash collection, etc. But once a person checks into this "Peasant Resort System", they must be sterilized, so we can lower their numbers over time. Oh yeah, put these peasant resorts in shitholes like arizona, west texas, etc..

People are bitching about a new world order, and/or a one world government, but to be honest, it just makes sense. Folks need to start accepting reality, and just deal with it.

Sun, 09/09/2012 - 22:01 | 2777264 vast-dom
vast-dom's picture

fucking asshole Michael stop with the racial hate shit.

 

on topic: great article. with QE and other bs the rich will not be immune (not the 1% more at 2-6%) and they will slide into middle class and the downward pressure will only get worse. The 1% are well hedged against inflation of all kinds. The system is clearly failing and the conventions are shitshows for mostly morons, oratory skills not paying any real bills notwithstanding. 

Sun, 09/09/2012 - 22:02 | 2777286 economics9698
economics9698's picture

I was not “racial” at all in 2007 but then I realized how political correctness stifled free speech and honest political discussions in America.  When I realized what the political correctness police were after I said “fuck it” and I have not been political correct ever since then.  Every time I get a chance to insult a minority group I take it. 

The political correctness needs to end or assholes like Nidal Malik Hasan and Ben Shalom Bernanke continue to fuck up this world. 

Good for Michael for calling like it is.

Sun, 09/09/2012 - 22:06 | 2777296 vast-dom
vast-dom's picture

don't forget the prez is a nigger. and you and michael can start your very own branch of the KKK. Fucktard. Hope you don't use computers and google and most anything else cause it was all in no small part developed by yids... There's my free speech bitch!

Sun, 09/09/2012 - 22:33 | 2777379 veyron
veyron's picture

woah woah what is this language?  The president has demonstrated on many occasions that he's an oreo ...

Sun, 09/09/2012 - 22:35 | 2777387 economics9698
economics9698's picture

Turn vasdoom in the the pc police for using the "N" word.  He deserves it.

Sun, 09/09/2012 - 22:34 | 2777384 economics9698
economics9698's picture

Good for you, thanks for letting me know your opinion.

Sun, 09/09/2012 - 23:02 | 2777433 Michael
Michael's picture

vd,

Here's all I fucking want. No fucking shit.

I want the US Constitution strictly carried out.

I want a Gold like Standard.

I want people thrown in jail who caused this shit we're in.

That's fucking all!

I swear to the Creator, that's all.

If you think that is anything else other than it is, then you need to move to fucking China.

Mon, 09/10/2012 - 04:58 | 2777789 AldousHuxley
AldousHuxley's picture

"I want this"

"I want that"

 

If you want to see things done you have to do it yourself.

Run for elected office, spread information, educate sheeps, etc.

 

Creator doesn't exist. that's transferring political power from politicians to priests.

Tue, 09/11/2012 - 05:14 | 2780964 sadmamapatriot
sadmamapatriot's picture

No man, God exists. But only you can give His power to priests. So don't conflate the two.

Sun, 09/09/2012 - 22:06 | 2777302 Boris Alatovkrap
Boris Alatovkrap's picture

"I have not been political correct ever since then."

And you have not been correct at all since then.

Sun, 09/09/2012 - 22:36 | 2777389 economics9698
economics9698's picture

If you had my intellect you would not write such stupid shit.

Mon, 09/10/2012 - 02:37 | 2777708 Boris Alatovkrap
Boris Alatovkrap's picture

You are challenge Boris, no?! Boris have more hair on chestnuts than are on your head!

Sun, 09/09/2012 - 22:56 | 2777421 Michael
Michael's picture

v-d, see my post at 22:41.

Sun, 09/09/2012 - 22:53 | 2777417 Michael
Michael's picture

Which ones Divide and which ones Conker?

Mon, 09/10/2012 - 00:40 | 2777611 Cathartes Aura
Cathartes Aura's picture

CONKERS!

haven't played that in years. . . and damn, here's me thinking it was Brits that strategised the game. . .

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

Mon, 09/10/2012 - 00:51 | 2777615 philipat
philipat's picture

"A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury. From that moment on, the majority always votes for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy, which is always followed by a dictatorship".

-Attributed to Alexander Tytler

PS. Yes I know that The US is not a democracy but a Constitutional Republic but now it is neither of those things so it is of equal relevance. I note also that The Dims have now achieved about 48% of the working population, and counting, paying NO Federal Income taxes. Now it might be just a coincidence but.......................

Sun, 09/09/2012 - 21:15 | 2777178 Flakmeister
Flakmeister's picture

Empty platitudes....

Rah, rah, bullshit....

Sun, 09/09/2012 - 21:18 | 2777182 Timmay
Timmay's picture

Everyone, please, wake up. It's ALL fake....

Sun, 09/09/2012 - 21:19 | 2777184 fonzannoon
fonzannoon's picture

I am sorrounded by high school administrators and health care teachers retired at 53 with 120k pensions. 83% of all local firefighters retire on full disability. Etc. etc etc. This ain't just about the bankers. The system is a 900lb fat woman sitting on a chair made of sticks.

Sun, 09/09/2012 - 21:32 | 2777214 Dr. Engali
Dr. Engali's picture

I agree. It's way off kilter on both sides. You have unapologetic corruption from the bankers and the entitlement mentality of the government slouch, both of them preying in the guy in the middle trying to scratch out a living.

Sun, 09/09/2012 - 21:56 | 2777269 economics9698
economics9698's picture

The shit falls apart when the Chinese peasant realizes that the washing machine he just built for America would look better in his house.  And when his wise Chinese leaders agree with him.

Mon, 09/10/2012 - 00:49 | 2777617 Cathartes Aura
Cathartes Aura's picture

rumour has it that the Chinese only build cheap shit for amrkns because that's what is on the order books of the amrkn corporations who import it.

Sun, 09/09/2012 - 21:33 | 2777215 Gully Foyle
Gully Foyle's picture

fonzannoon

Surrounded by all those retirees, what nursing home or gated community you live in?

you are surrounded by high income retirees, therefore you yourself must be well off to hobnob with that class.

So why come here for your minute of hate with the gutter folk?

Sun, 09/09/2012 - 21:52 | 2777235 fonzannoon
fonzannoon's picture

Gully, pull yourself together.

For whatever it's worth to you, I am self employed. My wife works in the private sector. We have no "entitlement" coming our way. My compensation and hers are based on our ability. We own a Hyundai and an Accord. So we are neither killing it and we are not gutter folk.

I would bet there are a lot of people on here that do a lot better than I do. I can sit here and throw stones on this one because my fuckin taxes go to these bailouts and unsustainable pensions and I don't delude myself into thinking either one would bail me out. You usually make a pretty compelling point whether I agree with you or not. Your dumb comment here is surprising....

 

Sun, 09/09/2012 - 21:57 | 2777266 Gully Foyle
Gully Foyle's picture

fonzannoon

You claimed to be surrounded by all those high income retirees.

Therefore you socialize and live with them. They surround you on all sides, simple logic bitch.

If you share a neighborhood with them, surrounded by them like Custer by pissed off Indians, you are part of their community.

I'm not seeing you claim you are surrounded by mall workers, or working class folks.

So why the fuck try to lie your way out of it?

You enjoy their company otherwise you would have gotten the fuck out of dodge. Maybe Idaho with the Preppers and Gold hoarders.

People vote with their feet, and your trip lead you to associate with high income retirees.

When you move to that survivalist enclave in Idaho please post back and share just how much happier you are.

Until then you are just another whiner seeking a shoulder to cry on. Poor, poor pitiful me...


Sun, 09/09/2012 - 22:15 | 2777325 nmewn
nmewn's picture

Your EBT at the strip club is about to be cut off.

Sun, 09/09/2012 - 22:27 | 2777363 Hulk
Hulk's picture

EBT's work at the strip club? Sign me up !!!

Sun, 09/09/2012 - 22:31 | 2777374 nmewn
nmewn's picture

Get with Gully...he's got it all figgered out ;-)

Sun, 09/09/2012 - 21:23 | 2777193 Dr Benway
Dr Benway's picture

This was an excellent article. The greatest cost of the bailouts is not the immediate dollar cost, but the loss of belief in the overall system. If it's not a fair game anymore, I won't play fairly either, I'll just steal as much as I can too. Unfortunately these things easily become vicious circles.

Sun, 09/09/2012 - 21:37 | 2777224 Gully Foyle
Gully Foyle's picture

Dr Benway

"I'll just steal as much as I can too"

I guess you are not familiar with your fellow posters, they all want to steal from someone they vaguely claim as "government".

But when the shit hits the fan they will still demand their fair share of government protection.

None of them are Randian or even Stamperish.

They are just greedy fucks who think more shit, more gold, more guns, more mre's, more dried beans and rice will make them happier.

Reality is they are ONLY happy bitching about how bad they have it.

 

Sun, 09/09/2012 - 21:44 | 2777236 mess nonster
mess nonster's picture

All I want is just a little bit more...

Sun, 09/09/2012 - 21:45 | 2777240 fonzannoon
fonzannoon's picture

Gully all you steal are other people's comments and try to pry them apart. How about you post an original thought?

Sun, 09/09/2012 - 21:50 | 2777253 Gully Foyle
Gully Foyle's picture

fonzannoon

Boy, you must be an example of the modern education system.

Clearly you can't understand what the big folk, those with full grown man balls, are saying.

Now run along and tweet your hipster buds, they can cry with you. Maybe even participate in a circle jerk as your generation is so gender flexible.

Sun, 09/09/2012 - 22:06 | 2777284 fonzannoon
fonzannoon's picture

Thats deep gully. You are a big boy. Funny, not much insight here from you as to what your vocation is. Tell us your contribution to society gully. Tell us how society is any better off from you....or....are you a leech gully? Maybe you have tiny leech balls. Girls don't like tiny leech balls gully....My guess is you are either a teacher or a postal worker. That's why you are so tweeked by my comment. Well it's supposed to rain tomorrow Gully, but your mandate is to deliver my mail, rain sleet etc..right bitch? Try to get it to me early. I have a lot going on. Thaaaanks.

 

Sun, 09/09/2012 - 21:56 | 2777268 Dr. Engali
Dr. Engali's picture

Hey Fonz .. don't even bother with him. He just likes to start trouble where he can. He's kind of like a flee on a dog. He keeps bothering you and won't go away.

Sun, 09/09/2012 - 22:03 | 2777291 fonzannoon
fonzannoon's picture

Yeah fair enough. I took the troll bait. My bad.

Sun, 09/09/2012 - 22:04 | 2777293 Gully Foyle
Gully Foyle's picture

Dr. Engali

Right, start trouble by pointing out the obvious.

Jesus I didn't realize what a an assfuck pity party you sought here.

Feel free to fellate the others who piss and moan about the other guy and how good he has it.

Meanwhile those of us with any sense are seeking to solve our problems by not pretending victimization by the system.

Fuck dude if you are too stupid to make the system work for you, that's your own fault. It ain't the Jews, the Blacks, the Hispanics, the Welfare poor that keep you oppressed. It's your own goddamn stupidity.

Once people move beyond blaming others for their character flaws, then they become successful, happy and whole.

They realize life is a series of obstacles we only need to climb over.

That the only dead weight is their own corrupt thought process.

That's what freedom is, understanding the only person who is keeping you back is yourself.



Sun, 09/09/2012 - 22:09 | 2777306 fonzannoon
fonzannoon's picture

LOL Doc Engali sorry to get you dragged into this. At least gully gave up the goods "make the system work for you". Good luck with your ebt card and big balls gully LOL.

Sun, 09/09/2012 - 22:18 | 2777337 Dr. Engali
Dr. Engali's picture

Thanks ,but you didn't drag me into it. I chose to engage. I try to live life by one of my favorite quotes. ...

Never argue with an idiot they will drag you down to their level and beat you with experience.

I just didn't want to see him drag you down to his level.

Sun, 09/09/2012 - 22:24 | 2777356 fonzannoon
fonzannoon's picture

appreciate it. he is a putz. I'm done.

Sun, 09/09/2012 - 22:30 | 2777371 Hulk
Hulk's picture

Too funny !!! Thanks for the laughs you guys!!!!

Sun, 09/09/2012 - 22:38 | 2777394 Dr. Engali
Dr. Engali's picture

That's why I love the Hedge.

Sun, 09/09/2012 - 23:39 | 2777515 WaterWings
WaterWings's picture

+1 for the one and only.

Sun, 09/09/2012 - 22:19 | 2777321 Dr. Engali
Dr. Engali's picture

I'm sorry was I talking to you? Seeing how I reserve my conversations to people with integrity I'd say probably not. But I will wish you the best Gully. I hope you get everything you deserve in life. I say that statement with complete sincerity.

Sun, 09/09/2012 - 22:16 | 2777332 nmewn
nmewn's picture

Fucking leech.

Sun, 09/09/2012 - 22:17 | 2777336 fonzannoon
fonzannoon's picture

He's like an angry cockroach....

Sun, 09/09/2012 - 22:28 | 2777367 nmewn
nmewn's picture

He was actually drunk enough one day to defend EBT use at strip clubs...that was a classic.

Parasites have feelings toooooo...ROTFL!!!

Sun, 09/09/2012 - 22:32 | 2777377 A Lunatic
A Lunatic's picture

Once people move beyond blaming others for their character flaws, then they become successful, happy and whole.

 

You definitely do not seem to be very fucking happy.

Sun, 09/09/2012 - 22:37 | 2777392 fonzannoon
fonzannoon's picture

yeah those buddhist books he preaches are doing wonders LOL.  He is like a Stuart Smalley with turrets.....

Mon, 09/10/2012 - 01:53 | 2777670 resurger
resurger's picture

i logged to say fuck you!

Mon, 09/10/2012 - 08:42 | 2777966 Tsukato
Tsukato's picture

I totally agree with you! Fucking whiners always bitchen about the "banksters" and govt. holding us all down. Bullshit! History is filled with trying times. The superior person excels during these times, and the real peasants break away from their respectable middle class husks, and float to the top like the turds they are. If you are bitching like a victim during this time, it just proves you are not overly intelligent, and/or have no forsight. Either way, go fuck yourselves.

PS- I have heard by someone of great authority that suicide is not really a sin. So many unhappy folks ought to do us all a favor and quit polluting our collective consciousness.

Sun, 09/09/2012 - 21:36 | 2777212 erg
erg's picture

Honesty, integrity? The precious metals are giving the finger to all that. Both up now.

Come on Tyler's, post a staccato of similar articles that can run some juicy stops.

Sun, 09/09/2012 - 21:35 | 2777221 Caviar Emptor
Caviar Emptor's picture

The once vast upper middle class is getting decimated. The divide between upper and lower will look starker than ever

Sun, 09/09/2012 - 22:14 | 2777323 OpenEyes
OpenEyes's picture

one up vote from me.  It's so true the middle class is become marginalized between the haves and those on the dole who have not.

One way that you can still fight back, however.  Don't try to save money 'on the grid', in the 'system'.  Put away whatever you can manage in hard gold/silver coins and bullion.  The middle class can still, by virtue of having an income, sock away some money.  But, if you put your money into a bank, stocks, IRA, 401K and the like, you're going to have it stolen by tptb.  Your money is right there, in their hands and they will tax it from you, take it from you in big chunks or in little bites through fees and commissions.  One way or another most of your money will end up being theirs and not yours.  But, if it is tucked safely away in your backyard or mattress, it is yours and not theirs.  

Sun, 09/09/2012 - 21:35 | 2777223 nmewn
nmewn's picture

Tell me again why a ward of the state cancels my vote out?

I missed that part.

Sun, 09/09/2012 - 21:46 | 2777241 Dr. Engali
Dr. Engali's picture

Come on nmewn get with the program. Don't you know that you have it made and a progressive tax system just helps you work harder and make you more successful ? Don't pay any attention to any of those monkeys on your back that you are supplying the flat screens and beer for.

Sun, 09/09/2012 - 22:08 | 2777304 nmewn
nmewn's picture

I've actually calmed down, relative to how I used to be ;-)

We are dealing with people here who have no concept of the idea of freedom, liberty, limited government and self worth.

What can the government do for me seems to be the common theme with them, even as most of them would be hard pressed to describe where or how that government derives its power or even what their congressmans name is.

No, he's the guy that promised me "free shit" if I voted for him.

They are fucking thieves that don't even realize they are stealing from themselves.

Mon, 09/10/2012 - 13:12 | 2778900 Kobe Beef
Kobe Beef's picture

They're parasites. What did you expect? And they can't be stealing from themselves if they never produced anything save more parasites. No, they're stealing from you, nmewn.

You go on public assistance, you get sterilized. It would be more humane than prison or Civil War II. Said policy would also solve a large chunk of the crime, urban decay, and education problems in this country as well.

 

Cheers,

Beef

Sun, 09/09/2012 - 21:42 | 2777232 FleaMarketPete
FleaMarketPete's picture

 

The United States is not a democracy and "hard work" does not equal value creation.  At some point, someone needs to tell the "middle class" that being an idiot does not pay well.  Take your education seriously, sacrifice for your future, and try every day to improve your situation.  Hard work, personal responsibility, and self-determination. This is the path to freedom.  

 

Sun, 09/09/2012 - 21:47 | 2777245 Gully Foyle
Gully Foyle's picture

FleaMarketPete

All those point in the right direction.

Ever read the Buddhist Four noble truths and the Eightfold path?

Buddhism, at least in it's basic form, is Psychology masquerading as religion.

Right thought, right speech, so on are ways of enabling the individual to come to terms with existence.

In the end the only thing which can't be taken away, the only thing truly earned is peace of mind.

You got to be WHOLE to be HOLY.



Sun, 09/09/2012 - 22:15 | 2777330 FleaMarketPete
FleaMarketPete's picture

No.  I don't read any of that.  I make my own way and I decide my own future.

Sun, 09/09/2012 - 22:16 | 2777334 fonzannoon
fonzannoon's picture

Is it hard to stack all your buddhism books in your toll booth gully? I mean those things looked cramped...

Sun, 09/09/2012 - 21:53 | 2777258 mess nonster
mess nonster's picture

"Take your education seriously, sacrifice for your future, and try every day to improve your situation.  Hard work, personal responsibility, and self-determination. This is the path to freedom."

Maybe, once upon a time, there was a baseline freedom that allowed someone with education, self-sacrifice, personal responsibiliy, and self-determnation to become successful. But now those traits will just get you in trouble. In today's world, sycophancy, bureaucratic CYA self-preservation, guile, and a solid understanding of the system with an attitude that such understanding will allow one to more succesfully manipulate it, are the secrets of success. 

It's a vicious cycle, in which greater corruption leads to greater security mechanisms, which benefit no-one but the corrupt. The honest go to the slaughter, while the corrupt prosper like a horde of leeches sucking the vital power out of society.

The only idiots today are of the Dostoyevskian variety, who adopt virtue as a conscious choice of self-imolation in the fires of venality which surround them upon all sides.

Amerika is Dead.


 

Sun, 09/09/2012 - 22:06 | 2777299 FleaMarketPete
FleaMarketPete's picture

 

I disagree.  My family and my brother-in-law's family were born dirt poor and we are both closing in Obama's idea of the "evil rich".  Stop feeling sorry for yourself.  Be confident and go get it.

You just have to stop being an MTV/facebook/popculture idiot.  Fuck Obama.  Fuck what the TV tells you and get after it.

 

Mon, 09/10/2012 - 04:36 | 2777781 Acet
Acet's picture

Social Mobility in the US has been going down. The kind of anecdotal evidence you show is becoming rarer and rarer ( graph: http://www.businessinsider.com/the-american-dream-is-now-a-myth-2012-6 ).

It's not inequality per-se that's a problem (though, as we see now, excessive concentration of capital reduces consumption which in turn is making this Depression worse), it's the lack of equality of opportunities. A world were well connected but low ability scions of the right families remain in control of wealth while skillfull, hard-working and gifted scions of poor families remain in squalor is a world were both human capital and wealth are being heavilly misallocated.

The end result is the rot we see all around us.

Sun, 09/09/2012 - 21:45 | 2777239 A Lunatic
Sun, 09/09/2012 - 21:49 | 2777250 djsmps
djsmps's picture

I'm still getting the " Dinner With Hitler" ads on every refresh.

Sun, 09/09/2012 - 21:52 | 2777252 erg
erg's picture

Consider how Charlotte Isybert describes the education system.

Sun, 09/09/2012 - 22:02 | 2777287 erg
Sun, 09/09/2012 - 21:52 | 2777256 caimen garou
caimen garou's picture

see bob, see bob own a company,see bob employ seven people at his small business, see bob doing good in his community, see obama, see obama over regulate and destroy bob's business, see bob's business close, see bob have no employees, see bob go into early retirement and use his life savings to live on, bob has lost faith.........

Sun, 09/09/2012 - 21:59 | 2777278 mess nonster
mess nonster's picture

see Bob vote for Romney, in futile desperation. See Romney over-regulate Bob, while at the same time holding out to Bob the false hope that Romney likes small businessmen. See Bob try to hang on, hoping that thngs will get better. See romney manipulate the financial markets for himself and his banker cronies. See the cabal send the economy into a defaltionary spiral. See Bob go bankrupt and lose everything and go to live with his brother and his family who own a small farm in the hinterlands. See Bob's wife decorate the chicken coop with used fertilizer bags. See the bakers buy Bob's assets for pennies on the dollar.....

Sun, 09/09/2012 - 22:05 | 2777297 A Lunatic
A Lunatic's picture

See Bob SNAP. And I ain't talkin free groceries........

Sun, 09/09/2012 - 22:05 | 2777300 caimen garou
caimen garou's picture

see bob not vote for either one of thoes idiots, see bob not vote anymore, see bob live on his farm and tend to whores and blow,pog

Sun, 09/09/2012 - 21:53 | 2777259 reader2010
reader2010's picture

EBT FOR ALL.

Sun, 09/09/2012 - 21:54 | 2777260 11b40
11b40's picture

And the simple answer to all of this is, enforce the laws.

We don't need new laws. Enforcement and convictions will do. End the moral hazard of socializing private losses and providing free money to a favored group of in-bred financial princes.

Sun, 09/09/2012 - 22:25 | 2777357 nmewn
nmewn's picture

Oh yeah baby, gimme some a dat bribe money...lol...Brotherhood my ass.

Sun, 09/09/2012 - 22:21 | 2777346 andrewp111
andrewp111's picture

Sorry. This ain't gonna happen. We are already well past the Point of No Return.

"The United States needs to restore the possibility of achieving the American Dream for its middle class, even while it reaffirms the historically light regulation and relatively low tax burden that have allowed enterprise to flourish."

Sun, 09/09/2012 - 22:35 | 2777350 Atomizer
Atomizer's picture

For you Muppets that never had a country club membership. Combining minimum monthly requirements fees & HOA policy violations.. continues to generate the needed revenue streams. Welcome to the IMF business model

 

Q.  How much is the Food & Beverage Minimum? 

A.  The Food & Beverage Minimum is $1,000 annually from September 1 to August 31.

 

Q.  I’m joining the Club mid-year. How much do I have to spend? 

A.  We will pro-rate your first fiscal year requirement. 

 

Q.  What counts toward the Minimum? 

A.  All food and beverage purchases on the Country Club and Resort premises made on your Member Number.  This includes the Members Dining Room, Members Grill & Patio, ******* Room, Courtside Deli, Halfway House, beverage carts, *** Restaurant and Lounge and ****** Bar and Grill (at the Resort). Also included are any food and beverage charges for banquets, parties or other special events at the Country Club.  Banquet events at the Resort do not apply towards the Minimum.

 

Q.  What if I pay cash? 

A.  Cash purchases for food and beverage do not count toward the minimum.

  

Q.  How will I know how much I’ve spent? 

A.  Your monthly statement shows how much you have spent and how much you have  

     left to spend in the period.

  

Q.  What happens if I spend less than the minimum? 

A.  On the last statement of the period, if you have not met the minimum, the  remaining balance due will be charged to your account. 

 

Q.   What if I spend more than the minimum? 

A.  Members must meet or exceed the minimum annually.  Spending in excess of the minimum will not apply to the next period. 

 

Q.  What about tax and gratuity? 

A.  Tax and gratuities do not count toward the minimum. 

Sun, 09/09/2012 - 22:26 | 2777360 Heyoka Bianco
Heyoka Bianco's picture

Apparently the Efficient Market Hypothesis has spread everywhere, even though it's bunk: all this talk seems to assume pationality amongst voters, when the bald fact is no human makes important (or very often minor ) decisions on logic grounds. It's emotion, not reason, that separates us from our feces-throwing cousins and the rst of the four-legged lot.

 

Self-awareness is a bitch, ain't it?

Sun, 09/09/2012 - 23:14 | 2777461 Pure Evil
Pure Evil's picture

I dunno, Obama and Romney have been throwing feces at each other for awhile and they ain't even first cousins.

Sun, 09/09/2012 - 23:08 | 2777445 Westcoastliberal
Westcoastliberal's picture

Whoa! Waaaay too much brainpower wasted here.  This election isn't about any kind of "choice" whatsoever. Both sides report to the same master (Dick Cheney, Henry Kissinger or some other SOB).  It's the neocon agenda all the way and the only thing that'll stop this is The People, not some silly election which means nothing-it's just for show to make Amerisheeple "think" they live in a free democracy.  Nothing could be farther from the truth.

Sun, 09/09/2012 - 23:11 | 2777449 gnomon
gnomon's picture

All of this is irrelevant.  Who do you want as America's first dictator, (when martial law is necessarily declared).

Which candidate has corrupt people around him with radical views that are far from the mainstream of American tradition?  Would you feel safer with that candidate when martial law is declared?

Which candidate would more likely abuse that power?

This vote is very important.  The bullshit constantly being shoveled here to the contrary is just that, disingenuous bullshit, agitprop put forth by agitators.

This is 1917 Russia.  Be careful how you choose.

Sun, 09/09/2012 - 23:21 | 2777473 Colonel Klink
Colonel Klink's picture

Eat the rich!

Sun, 09/09/2012 - 23:46 | 2777527 q99x2
q99x2's picture

I've strived very hard all of my life not to work. And, I've been very successful at it.

Mon, 09/10/2012 - 00:33 | 2777601 TuesdayBen
TuesdayBen's picture

Realtor

Sun, 09/09/2012 - 23:48 | 2777532 Stuck on Zero
Stuck on Zero's picture

The middle class are not allowed to vote for candidates of their choice.  Even if it happens they get a candidate who smells the money in DC and becomes another agent of the rich. 

 

Mon, 09/10/2012 - 00:31 | 2777599 DaveA
DaveA's picture

The "middle class is divided" over whether to soak the rich because today's "middle class" is a figment of the Marxist imagination. There are only two classes: those who live by their own labor, and those who live off the labor of others. People vote for less government or more government accordingly, regardless of income level.

So far, the "more government" side is winning, making Washington DC an oasis of permanent prosperity as the rest of the country falls into ruin.

Mon, 09/10/2012 - 00:58 | 2777628 Amagnonx
Amagnonx's picture

The article rests on a critical assumption, that I do not believe holds true.

 

To summarize the article, it claims that the reason the middle class don't vote for and support onerous conditions on the rich, is because they believe they will achieve that status themselves.  The article then says we have a conflict within the middle class because some no longer believe they can become rich.

 

The basic assumption is that there is some kind of democracy existing in the US - this is a complete lie, and it is a recognition of this fact I think that is causing many to lose faith in the system.  The system is built on propaganda, and ownership of media and total control of public opinion and the political party structure - where only those chosen by the controllers will be allowed to enter the political system.

 

The idea that the middle class could act together to create laws to effect the rich is absurd, because the middle class have no representatives in any position to cast a vote even if they actually wanted to create that effect.

 

If there is conflict within the middle class, it may be as the article claims, due to a dawning realization that the game is rigged, and always has been - the idea that this might somehow translate to political power is laughable. 

 

Political power at this stage of the game will come from outside the political system,from determined movements that will exercise non compliance, that will not pay taxes, will not buy from corporations, that will not obey unjust laws and will not listen to media, and will save their assets outside of the reach of banks.

 

The money changers control the political system, and have done so for more than 80 yrs in the US - whatever they do is then portrayed by media with a particular spin to avoid social unrest. If they can convince enough people to avoid mass civil disobedience, then that is enough for the controllers.

 

Mon, 09/10/2012 - 02:10 | 2777692 slackrabbit
slackrabbit's picture

Agree....its a dream...and not even a wet one...

Mon, 09/10/2012 - 03:46 | 2777761 AnAnonymous
AnAnonymous's picture

This site is such a collection of fine specimens of 'Americanism', such an enjoyment.

What prevents the 'American' median voter from voting to dispossess the 'American' upper class from its wealth?

Quite easy, from 'Americans' own mouth: an 'American' upper class can buy the law making process. This is what they do.

And since the upper class has been growing richer and richer through corporations, that are middle class creatures, it means that actually, the middle class sponsors the upper class in the act of the law making process.

There is a growing divide within the 'american' middle class indeed. It boils down to the stage of expansion one is in, saturation.

It is now time to determine who is a member of the 'american' gang.

Slowly but surely, some of the middle class are tossed out of the bowl.

As the middle class is the king class in 'Americanism', expect those of the middle class who are slipping out of the 'american' cocoon to try and use the political force of vote to counter act the movement.

It wont be done against richer people as in 'american' nations, it can not be done. It will be done against the other side of the 'american' middle class.

The situation is the following: accross its history, the 'american' middle class has been growing through theft. Theft from upper class and lower class, that sacrificed in order to help the rise of the middle class.

Accross the world, the poor are yielding less and less enough to support the middle class.
The rich, due to their favoured servants to the middle class status, are increasing out of the range of the middle class raping acts.

All it remains to steal from is the middle class.

It is a middle class vs middle class battle, one side trying to push the other under the bus in order to lengthen just a bit the 'american' dream...

Tue, 09/11/2012 - 01:04 | 2780841 akak
akak's picture

ZZZZZZZZZZZZZZZZZZZZZZZZZZZ .....

Mon, 09/10/2012 - 05:19 | 2777768 NuYawkFrankie
NuYawkFrankie's picture

Re Middle Class Divide..

 

If the dopes at the mercifully concluded demopub conventions are at all representative of the middle class, then, yes, the middle class is divided.... divided between Dumb and Dumber

Mon, 09/10/2012 - 08:20 | 2777917 Tsukato
Tsukato's picture

I think we all need to face facts: that the middle class was only a temporary abberation. Throughout history there have been few very rich, many more lower rich- merchant class folks, and then a massive peasant class. Robotics has rung in the death knell of the overpaid manufacturing worker, and I think its about time. I'm sooooo sick on the "Hard working man" working on the assembly lines of companies like GM, tellin it like it is, saying he never gets a fair shake, and that management is ALWAYS a pack of idiots. These people don't work too hard, and if they actually just told the truth, the only thing they could say about their work and lives, is that they are boring and suck dick. Boo-hoo! Fuck off losers. You deserve to live peasant lives.

The vast majority of people are very dim lights; uninspired, lazy, narrow minded, and stupid. Whats so wrong with them being poor? The world's a tough place, and with globalization, not only are corporations and nations competing, but so too are individuals. Why should Sanjeep in India, or Cheng Liang in China, make massively less money than Hard-Working Jim in Detroit? They shouldnt. If Jim can't cut the mustard, then fuck him.

What we need is a smarter welfare program to take care of the unambitious, stupid and lazy, in a manner that's humane, but also sensible. Why not cheap public housing, community kitchens, community internet centers, free marijuana, and computer games for all, pocket money for everyone,... a sort of "Peasant Resort". Of course all the folks on the dole have responsibilities like cleaning, cooking, trash collection, etc. But once a person checks into this "Peasant Resort System", they must be sterilized, so we can lower their numbers over time. Oh yeah, put these peasant resorts in shitholes like arizona, west texas, etc..

People are bitching about a new world order, and/or a one world government, but to be honest, it just makes sense. Folks need to start accepting reality, and just deal with it.

Mon, 09/10/2012 - 09:15 | 2778035 Waterfallsparkles
Waterfallsparkles's picture

I agree with you.  I would like to see life a little harder for the Welfare Recipients.

I would like to see the old Army Bases used for Welfare Recipients.  They would have a private room with a shared bathroom.  Mess Hall for 3 meals a day.  Nutritional inexpensive food served.  Community rooms for TV, games, etc.

They would need to contribute to stay at the Base.  Such as cleaning, laundry, day care, cooking.  I would require that they attend classes on different skills needed for a job.  After about 3 months they would be required to work at least part time and pay a portion of their costs for the shelter.  Even if they worked for a non profit agency like Good Will or Salvation Army.  This would help them garner Jobs skills.  If they have Children they would be taken care of by other residents in a day care center.  Eventually, I would like to see them full time employed.  I think that at that point they would want to leave and go on their own.

I would make sure their basic needs were met but not so comfortable that they would not want to leave.  They need an incentive to get off of support from others.

Today they treat the Welfare recipients too well.  They give them Section 8 housing with utilities paid by the Landlord.  They give them monthly money which is generous enough that they can buy big screen TV's.  Free cell phones and minutes.  Free Health care.  Free Food.  Plus, they give them more Money every time they have another child.  Why would they ever want to get off the programs?

Tue, 09/11/2012 - 05:54 | 2780986 sadmamapatriot
sadmamapatriot's picture

Sounds like those FEMA camps they got planned.

Mon, 09/10/2012 - 08:24 | 2777923 Freewheelin Franklin
Freewheelin Franklin's picture

The United States needs to restore the possibility of achieving the American Dream for its middle class, 

 

Bullshit. Indoctrinating unachievable goals is cruel and breeds resentments. Very simply put, people need to be allowed to fail, and it doesn't matter which end of the economic scale you are on, or if you are somewhere in the middle.

Mon, 09/10/2012 - 08:52 | 2777996 Waterfallsparkles
Waterfallsparkles's picture

Our Founding Fathers set it up so this would not happen.

Only people that owned Property could Vote.  If you wanted to Vote and did not own Property you could pay a Poll Tax to cast your Ballot.

Once you had the elimination of the Poll Tax you had the People running for Election catering to either the Takers or the Payers.

The big divide in Government today are those paying Taxes and those living off the Money from those paying Taxes.

The more they take from Payors (workers) and the more rewarding it is to be a Taker (those not working), the Payors will soon realize it is better to be a Taker.  Overwhelming the system into Destruction.

Tue, 09/11/2012 - 05:56 | 2780987 sadmamapatriot
sadmamapatriot's picture

Been thinking about this a lot myself lately.

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