Category Archives: Corruption

The Dance of Death

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By Chris Hedges

Source: OpEdNews.com

The ruling corporate elites no longer seek to build. They seek to destroy. They are agents of death. They crave the unimpeded power to cannibalize the country and pollute and degrade the ecosystem to feed an insatiable lust for wealth, power and hedonism. Wars and military “virtues” are celebrated. Intelligence, empathy and the common good are banished. Culture is degraded to patriotic kitsch. Education is designed only to instill technical proficiency to serve the poisonous engine of corporate capitalism.

Historical amnesia shuts us off from the past, the present and the future. Those branded as unproductive or redundant are discarded and left to struggle in poverty or locked away in cages. State repression is indiscriminate and brutal. And, presiding over the tawdry Grand Guignol is a deranged ringmaster tweeting absurdities from the White House.

The graveyard of world empires — Sumerian, Egyptian, Greek, Roman, Mayan, Khmer, Ottoman and Austro-Hungarian — followed the same trajectory of moral and physical collapse. Those who rule at the end of empire are psychopaths, imbeciles, narcissists and deviants, the equivalents of the depraved Roman emperors Caligula, Nero, Tiberius and Commodus. The ecosystem that sustains the empire is degraded and exhausted. Economic growth, concentrated in the hands of corrupt elites, is dependent on a crippling debt peonage imposed on the population. The bloated ruling class of oligarchs, priests, courtiers, mandarins, eunuchs, professional warriors, financial speculators and corporate managers sucks the marrow out of society as its members retreat into privileged enclaves.

The elites’ myopic response to the looming collapse of the natural world and the civilization is to make subservient populations work harder for less, squander capital in grandiose projects such as pyramids, palaces, border walls and fracking, and wage war. President Trump’s decision to increase military spending by $54 billion and take the needed funds out of the flesh of domestic programs typifies the behavior of terminally ill civilizations. When the Roman Empire fell, it was trying to sustain an army of half a million soldiers that had become a parasitic drain on state resources.

The complex bureaucratic mechanisms that are created by all civilizations ultimately doom them. The difference now, as Joseph Tainter points out in “The Collapse of Complex Societies,” is that “collapse, if and when it comes again, will this time be global. No longer can any individual nation collapse. World civilization will disintegrate as a whole.”

Civilizations in decline, despite the palpable signs of decay around them, remain fixated on restoring their “greatness.” Their illusions condemn them. They cannot see that the forces that gave rise to modern civilization, namely technology, industrial violence and fossil fuels, are the same forces that are extinguishing it. Their leaders are trained only to serve the system, slavishly worshiping the old gods long after these gods begin to demand millions of sacrificial victims.

“Hope drives us to invent new fixes for old messes, which in turn create even more dangerous messes,” Ronald Wright writes in “A Short History of Progress.” “Hope elects the politician with the biggest empty promise; and as any stockbroker or lottery seller knows, most of us will take a slim hope over prudent and predictable frugality. Hope, like greed, fuels the engine of capitalism.”

The Trump appointees — Steve Bannon, Jeff Sessions, Rex Tillerson, Steve Mnuchin, Betsy DeVos, Wilbur Ross, Rick Perry, Alex Acosta and others — do not advocate innovation or reform. They are Pavlovian dogs that salivate before piles of money. They are hard-wired to steal from the poor and loot federal budgets. Their single-minded obsession with personal enrichment drives them to dismantle any institution or abolish any law or regulation that gets in the way of their greed. Capitalism, Karl Marx wrote, is “a machine for demolishing limits.” There is no internal sense of proportion or scale. Once all external impediments are lifted, global capitalism ruthlessly commodifies human beings and the natural world to extract profit until exhaustion or collapse. And when the last moments of a civilization arrive, the degenerate edifices of power appear to crumble overnight.

Sigmund Freud wrote that societies, along with individuals, are driven by two primary instincts. One is the instinct for life, Eros, the quest to love, nurture, protect and preserve. The second is the death instinct. The death instinct, called Thanatos by post-Freudians, is driven by fear, hatred and violence. It seeks the dissolution of all living things, including our own beings. One of these two forces, Freud wrote, is always ascendant. Societies in decline enthusiastically embrace the death instinct, as Freud observed in “Civilization and Its Discontents,” written on the eve of the rise of European fascism and World War II.

“It is in sadism, where the death instinct twists the erotic aim in its own sense and yet at the same time fully satisfies the erotic urge, that we succeed in obtaining the clearest insight into its nature and its relation to Eros,” Freud wrote. “But even where it emerges without any sexual purpose, in the blindest fury of destructiveness, we cannot fail to recognize that the satisfaction of the instinct is accompanied by an extraordinary high degree of narcissistic enjoyment, owing to its presenting the ego with a fulfillment of the latter’s old wishes for omnipotence.”

The lust for death, as Freud understood, is not, at first, morbid. It is exciting and seductive. I saw this in the wars I covered. A god-like power and adrenaline-driven fury, even euphoria, sweep over armed units and ethnic or religious groups given the license to destroy anything and anyone around them. Ernst Juenger captured this “monstrous desire for annihilation” in his World War I memoir, “Storm of Steel.”

A population alienated and beset by despair and hopelessness finds empowerment and pleasure in an orgy of annihilation that soon morphs into self-annihilation. It has no interest in nurturing a world that has betrayed it and thwarted its dreams. It seeks to eradicate this world and replace it with a mythical landscape. It turns against institutions, as well as ethnic and religious groups, that are scapegoated for its misery. It plunders diminishing natural resources with abandon. It is seduced by the fantastic promises of demagogues and the magical solutions characteristic of the Christian right or what anthropologists call “crisis cults.”

Norman Cohn, in “The Pursuit of the Millennium: Revolutionary Messianism in Medieval and Reformation Europe and Its Bearing on Modern Totalitarian Movements,” draws a link between that turbulent period and our own. Millennial movements are a peculiar, collective psychological response to profound societal despair. They recur throughout human history. We are not immune.

“These movements have varied in tone from the most violent aggressiveness to the mildest pacifism and in aim from the most ethereal spirituality to the most earth-bound materialism; there is no counting the possible ways of imagining the Millennium and the route to it,” Cohen wrote. “But similarities can present themselves as well as differences; and the more carefully one compares the outbreaks of militant social chiliasm during the later Middle Ages with modern totalitarian movements the more remarkable the similarities appear. The old symbols and the old slogans have indeed disappeared, to be replaced by new ones; but the structure of the basic phantasies seems to have changed scarcely at all.”

These movements, Cohen wrote, offered “a coherent social myth which was capable of taking entire possession of those who believed in it. It explained their suffering, it promised them recompense, it held their anxieties at bay, it gave them an illusion of security — even while it drove them, held together by a common enthusiasm, on a quest which was always vain and often suicidal.

“So it came about that multitudes of people acted out with fierce energy a shared phantasy which though delusional yet brought them such intense emotional relief that they could live only through it and were perfectly willing to die for it. It is a phenomenon which was to recur many times between the eleventh century and the sixteenth century, now in one area, now in another, and which, despite the obvious differences in cultural context and in scale, is not irrelevant to the growth of totalitarian movements, with their messianic leaders, their millennial mirages and their demon-scapegoats, in the present century.”

The severance of a society from reality, as ours has been severed from collective recognition of the severity of climate change and the fatal consequences of empire and deindustrialization, leaves it without the intellectual and institutional mechanisms to confront its impending mortality.

It exists in a state of self-induced hypnosis and self-delusion. It seeks momentary euphoria and meaning in tawdry entertainment and acts of violence and destruction, including against people who are demonized and blamed for society’s demise. It hastens its self-immolation while holding up the supposed inevitability of a glorious national resurgence. Idiots and charlatans, the handmaidens of death, lure us into the abyss.

 

Long Buried Texas Fertilizer Plant Explosion Conspiracy Re-Emerges From Shadows Of Boston Bombing

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The remains of a fertilizer plant after explosion in West, Texas

By Bernie Suarez

Source: Truth and Art TV

Sometimes conspiracies are truly forgotten when there are so many other state crimes and conspiracies to choose from. Such is the case with the Waco Texas fertilizer plant “explosion” of April 17, 2013. I’m talking about the Texas fertilizer plant explosion which was conveniently buried in the immediate aftermath of the April 15, 2013 Boston bombing. I’m sure many have forgotten about this event in the same way they don’t remember or have completely forgotten that two days earlier, on the very same day of the Boston bombing “event” a wave of bombings and shootings took place in Iraq just before their elections leaving at least 75 people dead and hundreds injured. The mainstream media conveniently gave little to no attention to this story as the Boston bombing event was selected as the featured story we were supposed to be thinking about at the time.

Meanwhile in Waco Texas 2 days later, on the evening of April 17th a fertilizer plant caught fire and was being consumed in flames when some 22 minutes later a mighty suspicious massive explosion took place; an explosion captured nicely on camera by nearby residents that was so loud and so bright that many have suspected it was some sort of missile strike. Sounds crazy? You decide:

Now let’s listen in to what Nevada Governor candidate at the time David Lory VanDerBeek had to say about this. The Governor candidate breaks down some of the features of this evidence very nicely showing you the trajectory of the energy being provided by the missile. After seeing this video no one should wonder why he had no chance at winning the governor race.

The plant was owned by Adair Grain Inc a family owned food plant which also goes by or is closely associated with “Texas Grain Inc” a competitor of Monsanto who had filed a lawsuit against Monsanto accusing Monsanto of artificially inflating the price of their Roundup herbicide. This additional explosion to this day is highly suspicious and now that the mainstream media is briefly covering this story it’s a good time to examine this event a bit more closely.

According to mainstream media sources the federal government “investigators” claim the factory was an explosion waiting to happen:

The source of the explosion was ammonium nitrate stored in a wooden container at the plant, investigators have said.

The ammonium nitrate detonated with the force of approximately 15,000 pounds to 20,000 pounds (6,800 kg to 9,100 kg) of TNT, according to federal officials.

But if we examine the explosion claim we must take into consideration that the Adair Grain fertilizer plant reported to the EPA a very different picture:

The fertilizer plant that exploded Wednesday night in West, Texas, reported to the Environmental Protection Agency and local public safety officials that it presented no risk of fire or explosion, documents show.

West Fertilizer Co. reported having as much as 54,000 pounds of anhydrous ammonia on hand in an emergency planning report required of facilities that use toxic or hazardous chemicals.

But the report, reviewed Wednesday night by The Dallas Morning News, stated “no” under fire or explosive risks. The worst possible scenario, the report said, would be a 10-minute release of ammonia gas that would kill or injure no one.

The second worst possibility projected was a leak from a broken hose used to transfer the product, again causing no injuries.

The plan says the facility did not have any other dangerous chemicals on hand. It says that the plan was on file with the local fire department and that the company had implemented proper safety rules.

ATF Chief investigator Rob Elder recently announced:

“the fire has been ruled as an incendiary. This means this fire was a criminal act”.

Elder then says that numerous evidences were taken into account including, witnesses, images and video footage. But was the video evidence really taken into account? Even more intriguing, Mr Elder has announced a $50,000 award for information leading to the capture of the arsonist so if anyone wants to take him on please do. I can’t help but to be reminded of the 1933 Reichstag fire false flag in Germany and how a patsy of choice was afterward chosen and executed in the period that followed.

Let’s consider some additional ironies and peculiar accounts surrounding this explosion. According to the reported investigation conclusions:

The explosion damaged an area measuring roughly the size of 37 city blocks, Elder said, and left a crater 93 feet (28 metres) wide by 12 feet (3.7 metres) deep.

The ammonium nitrate detonated with the force of approximately 15,000 pounds to 20,000 pounds (6,800 kg to 9,100 kg) of TNT, according to federal officials.

This conjures up memories of the government claims that on 9/11 WTC 7 was packed with “diesel fuel tanks” which they would then use in an attempt to sell the theory that office fires alone could destroy the building in the controlled demolition manner in which it was destroyed.

The problem with looking at the entire story, looking at all the evidence and then listening to the government “investigation” statements (or lack thereof) is that the whole story doesn’t fit like it should, and that alone should lead us to wonder, was the fertilizer plant purposely struck with a sophisticated military missile to send Texas Grain Inc a message? Can Ammonium Nitrate alone cause such a wide and deep crater in the damaged area? And is the quality, direction and trajectory of the explosion consistent with an explosion originating from the plant as the government would have you believe?

Suspicions run high that this was not only a classic military style (think 9/11 Pentagon style) attack on the plant but specifically this may have involved a new “Advanced Hypersonic Weapon” (AHW) developed by the Army in 2011 seen here. The video below explains this possibility more in-depth. Again, you decide.

When analyzing this let’s keep in mind that conspiracies are now the norm and today it is well within reason for any critical thinker to suspect government conspiracy as a reasonable possible explanation. It is also incumbent upon us to consider all evidence including the irony of this story being buried in the height of the Boston bombing event. That they are just now briefly talking about this explosion after 3 years of hiding the story is suspicious in itself. The multiple video analysis above demonstrating reasonable probability of a sophisticated military style missile strike should matter to everyone. If true, this constitutes another blatant murderous act of violence of our government against its own people potentially on behalf of its global organized crime cartel partner Monsanto who is known to work with Blackwater/XE.

Now that investigators are officially ruling this event as a “criminal act” it will be very interesting to see if they produce a patsy of their choice in the future (Reichstag fire style) to throw off anyone suspicious of government activity in this crime.

It sure does seem like a criminal act to my eyes, and as usual no one in the mainstream media or the usual pre-selected government “investigative” body is looking for or even suspecting that the plant was ultimately pulverized by a missile strike. We all know that government investigative bodies never even look for possibilities that imply that the State is involved in the crime. So this phony search including their phony $50,000 reward will never lead to any real justice.

Don’t think for a moment the ruling class wouldn’t commit a crime like this to protect their interest and send a message. These are ultimately the same people who funded the attacks in Iraq on April 15, 2013 and organized the Boston bombing “event” on the same day. In order for truth seekers to remain vigilant and to stay on top of government crimes and conspiracies they need to take events like this serious and do their own research. It’s not about being paranoid it’s about believing your own eyes and ears, looking for patterns, exercising critical thinking, and maintaining a clear overall awareness of the big picture.

 

Are Globalists Losing Ground?

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By Gilbert Mercier

Source: News Junkie Post

Death might be the ultimate equalizer, but in the case of David Rockefeller, considerable wealth brought unacceptable privilege and made  survival to illness obscene by any moral or even medical ethics standards. On August 24, 2016, David Rockefeller received his 7th heart transplant which made him, besides being the grandson of the United States’ richest man and first billionaire, the worldwide record holder for number of heart transplants. Coincidentally, musician Chuck Berry passed away a couple of days before David Rockefeller. While Chuck Berry’s lust for life will be a legacy of pure joy for generations to come, not only on earth but even far in the cosmos, David Rockefeller’s refusal to let life take its natural course came from greed and a lust for power. Rockefeller was the ultimate symptom of the sickness of our world, where quantity matters, and quality does not.

Even though Rockefeller was a key figure and, in many regards, one of the founding fathers of the globalist world order project, the speculations that his death is a major blow to the financial elite is a pie in the sky. The self-proclaimed Masters of the Universe of Wall Street are as arrogant as ever, all of them young crocodiles ready to feast on the carcasses of the old ones. Despite Rockefeller’s passing, the giant Hydra of the globalist swamp still thrives: one of the many heads was lost, a few will grow to take its place. This notion that a board matters more than an organ or an individual is, after all, part of the precept of the globalist doctrine, which David Rockefeller helped to structure in the early 1950s. Setting up networks, groups, or councils of his elite peers was always the Rockefellers’ philosophy, and it became the redoubtable strength of the one-world-order project.

Like all prominent members of  the  globalist syndicate, David Rockefeller had nothing but contempt for the common mortal. Machiavellian plans to manipulate the public opinion, like one would mold a slab of clay, came easily to him. “We are on the verge of a global transformation. All we need is the right major crisis and the nations will accept the New World Order,” said David Rockefeller on September 14, 1994 at a United Nations meeting. Seven years later, almost to the day, the right major crisis would occur in New York City at the World Trade Center.

Under David Rockefeller as CEO, Chase Bank grew through a network of correspondent banks, including some in the former Soviet Union and in China in the early 1970s. Chase reached a network of about 50,000 banks, and it is the largest financial consortium in the world. As a key player in the globalist order, Rockefeller was instrumental in setting up the Chase International Advisory Committee (IAC) in the early 1960s. He was the IAC Chairman until 1999. The IAC was renamed International Council, after Chase’s merger with JP Morgan, and by 2005 included 25 members of the global elite from 20 different countries. This exclusive financial club has included Henry Kissinger, Riley Bechtel, George Shultz, Gianni Agnelli, John Loudon (CEO of Shell), David Packard, Henry Ford II, and current chairman Tony Blair. Ultimate oligarch globalist David Rockefeller was also the driving force behind the creation of the Bilderberg group, where he served for decades as gatekeeper, being the only member of the advisory board. It is through those various channels and groups of people that David Rockefeller quietly but efficiently influenced not only United States domestic and foreign policies but also world affairs.

Rockefeller has been a behind-the-scene adviser of every US president since Dwight Eisenhower. Needless to say, his half-a-century friendship with Henry Kissinger was highly beneficial for both in world affairs. The two men met in 1954, and at first the patronage of Rockefeller was critical to Kissinger’s rise as a top policy adviser. To David Rockefeller’s credit, he was always upfront about his globalist agenda. “Some even believe we are part of a secret cabal working against the best interest of the United States, characterizing my family and me as ‘Internationalists’, and of conspiring with others around the world to build a more integrated global political and economic structure: one world, if you will. If that’s the charge, I stand guilty and I am proud of it,” wrote David Rockefeller in his memoirs.

Just like relatively newcomer George Soros, Rockefeller was extremely media savvy, and few news outlets dared to cross the billionaire, who, despite his relatively modest fortune of 3 billion, which is suspected to be highly under-reported, had a lot more sway and political power than his high-tech billionaire colleagues reported to be vastly richer. Rockefeller was a major force personally in the corridors of international power since the early 50s and, through his family network, for more than a century. In the globalist Orwellian construct, David Rockefeller had seniority, not only in age but also in influence, over Henry Kissinger and George Soros. Some fringe anti-globalist conspiracy theorists have recently claimed that George Soros doesn’t really exist and is another persona invented by David Rockefeller. This is nonsense, of course, and just as counterproductive as the characterization of globalists such as Soros, Rockefeller, and Kissinger as anti-Christ blood sucking vultures by Christian fundamentalists who support Trump. As a matter of fact, this type of lunacy is detrimental to valid rational critiques in the fight against a world order that, if successful in its final takeover still in progress, would enslave most humans for the benefit of a few thousand worldwide. This is what we are dealing with here: a prosaic fight for freedom and decent survival for all, not some chimeras extracted from fairy tales.

David Rockefeller was not Satan, but he was, just like his colleague and globalist partner-in-crime George Soros, a consummate kingmaker and puppet master. As such, Rockefeller played a big role in Bill Clinton’s rise to power. In 1991, when Clinton was Governor of Arkansas, Rockefeller invited him to the secretive Bilderberg group meeting, which took place that year in Baden-Baden, Germany. It was there that Rockefeller made the statement: “We are grateful to The Washington Post, The New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. It would have been impossible for us to develop our plan for the world if we had been subjected to the lights of publicity during those years. But the world is now more sophisticated and prepared towards a world government. The supranational sovereignty of an intellectual elite and world bankers is preferable to the national auto-determination practiced in past centuries.” During the 26 years since David Rockefeller gave this speech, the lead globalists, their giant corporations, especially those of the military-industrial complex, as well as their obedient political helpers worldwide have worked hard to implement their plan to dismantle national sovereignty.

The BREXIT vote in the United Kingdom and election of Trump in the US were a reaction against the looming monstrosity of a world government dominated by a rarefied oligarchy, but at this juncture the globalists are alive and kicking, as the anti-establishment drain-the-swamp rhetoric seems to be not much more than a flash in a pan. Personality issues, spying rumors, accusations of collusion with a foreign government, and the threat of a so-called deep state are amplified by news outlets, fake and real. It is hard to tell the difference. These supposed issues have fostered a climate of fear and paranoia and been a distraction from real policy issues. Despite a Republican majority in the Congress, the Trump administration has so far essentially ruled by executive orders, some of which have been almost immediately challenged by courts. Level of wealth, rather than competence at a specific job, seems to be the criterion for being hired in the Trump administration. Judging by the facts alone, America Empire Inc. might have a new CEO, but the same people appear to be in control of the board, and if he were still alive, David Rockefeller’s voice would be heard on this. President Donald Trump’s budget proposal tells the story accurately: while most areas of the meager American social safety net could experience a cut, the Pentagon budget would increase by 10 percent. Mr. Trump has always been about money and business. As such, he understands that the military-industrial complex should remain the core division of America Empire Inc. So much for draining the swamp.

 

Gilbert Mercier is the author of The Orwellian Empire. Composite one by David Blackwell; cartoons four and six Frits Ahlefeldt; composite five by Tom Blackwell; photograph eight by Paolo Di Tommaso; and photograph nine Zach Korb. Part of this article was published as an interview with Sputnik.

Disposable Americans: The Numbers are Growing

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middle-class

By Paul Buchheit

Source: Information Clearing House

As often noted in the passionate writings of Henry Giroux, poor Americans are becoming increasingly ‘disposable’ in our winner-take-all society. After 35 years of wealth distribution to the super-rich, inequality has forced much of the middle class towards the bottom, to near-poverty levels, and to a state of helplessness in which they find themselves being blamed for their own misfortunes.

The evidence keeps accumulating: income and wealth — and health — are declining for middle-class America. As wealth at the top grows, the super-rich feel they have little need for the rest of society.

Income Plummets for the Middle Class

According to Pew Research, in 1970 three of every ten income dollars went to upper-income households. Now five of every ten dollars goes to them.

The Social Security Administration reports that over half of Americans make less than $30,000 per year. That’s less than an appropriate average living wage of $16.87 per hour, as calculated by Alliance for a Just Society.

Wealth Collapses for Half of Us

Numerous sources report that half or more of American families have virtually no savings, and would have to borrow money or sell possessions to cover an emergency expense. Between half and two-thirds of Americans have less than $1,000.

For every $100 owned by a middle-class household in 2001, that household now has just $72.

Not surprisingly, race plays a role in the diminishing of middle America. According to Pew Research, the typical black family has only enough liquid savings to last five days, compared to 12 days for the typical Hispanic household, and 30 days for a white household.

Our Deteriorating Health

In a disgraceful display of high-level disregard for vital health issues, House Republicans are attempting to cut back on lunches for over 3 million kids.

The evidence for the health-related disposability of poor Americans comes from a new study that finds nearly a 15 year difference in life expectancy for 40-year-olds among the richest 1% and poorest 1% (10 years for women). Much of the disparity has arisen in just the past 15 years.

It’s not hard to understand the dramatic decline in life expectancy, as numerous studies have documented the health problems resulting from the inequality-driven levels of stress and worry and anger that make Americans much less optimistic about the future. The growing disparities mean that our children will likely see less opportunities for their own futures.

It May Be Getting Worse

The sense derived from all this is that half of America is severely financially burdened, at risk of falling deeper into debt.

It may be more than half. The Wall Street Journal recently reported on a JP Morgan study’s conclusion that “the bottom 80% of households by income lack sufficient savings to cover the type of volatility observed in income and spending.” Fewer than one in three 25- to 34-year-olds live in their own homes, a 20 percent drop in just the past 15 years.

It may be even worse for renters. The number of families spending more than half their incomes on rent — the ‘severely’ cost-burdened renters — has increased by a stunning 50 percent in just ten years. Billionaire Steve Schwarzman, whose company Blackstone has been buying up tens of thousands of homes at rock-bottom prices and then renting them back while waiting out the housing market, finds the growing anger among voters “astonishing.”

What’s astonishing is the disregard that many of the super-rich have for struggling Americans.

 

Paul Buchheit is a college teacher, an active member of US Uncut Chicago, founder and developer of social justice and educational websites (UsAgainstGreed.org, PayUpNow.org, RappingHistory.org), and the editor and main author of “American Wars: Illusions and Realities” (Clarity Press). He can be reached at paul@UsAgainstGreed.org.

Former World Bank Staffer Explains How Neoliberalism Is Destroying The World

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By Dylan Charles

Source: Waking Times

More destructive than bombs, money has become the weapon of choice for the global elite, for the hidden hand of finance can plunder and conquer entire nations, assimilate whole cultures, exploit resources and rape the earth while forcing billions into poverty, all with the surprising stealth of pen-strokes and business contracts.

Neoliberalism is the economic and political philosophic driving force in the world today. It suggests that human progress is the result of competition, best expressed by an extremist version of unfettered capitalism, where privatization of profits and socialization of losses are acceptable ethics, regardless of human and environmental costs incurred along the way.

Neoliberalism is the killer plague of the 21st century. Neoliberalism is economic fascism. It is a criminal doctrine. Globalized neoliberalism privatizes public goods for private profit. Neoliberalism led by Washington with the shameful complicity of Europe has in the last fifteen years killed between 12 and 15 million people by wars, famine, deprived health services… forced refugees. Today a small world elite of corporate and Wall Street CEOs and selected politicians call the shots. ~Peter Koenig

First defined in 1938, its global implementation today is the product of the Washington Consensus of 1989 which describes a set of economic prescriptions for developing and crisis-wracked nations created by the World Bank, the International Monetary Fund and the U.S. Treasury Department. It is a policy which relies on the creation of social and financial crises to distract and soften target nations and peoples, creating problems while providing the ‘solutions.’

At present, Mexico is on the brink of revolution, a direct result of the fallout of three decades of neoliberal policy.

It [Neoliberalism] finds that representative democracy has been perverted through fear, putting central political decisions in the hands of power groups with special interests.The social impact of this process has been devastating, with a polarized income distribution, falling wages, increased precarious jobs, rising inequality, and extreme violence. Health conditions have also deteriorated and disorders associated with violence, chronic stress, and a changing nutritional culture have become dominating. [Source]

Journalist George Monbiot describes neoliberalism as follows:

Neoliberalism sees competition as the defining characteristic of human relations. It redefines citizens as consumers, whose democratic choices are best exercised by buying and selling, a process that rewards merit and punishes inefficiency. It maintains that “the market” delivers benefits that could never be achieved by planning.

Attempts to limit competition are treated as inimical to liberty. Tax and regulation should be minimised, public services should be privatised. The organisation of labour and collective bargaining by trade unions are portrayed as market distortions that impede the formation of a natural hierarchy of winners and losers. Inequality is recast as virtuous: a reward for utility and a generator of wealth, which trickles down to enrich everyone. Efforts to create a more equal society are both counterproductive and morally corrosive. The market ensures that everyone gets what they deserve. ~[Source]

Economic hitman turned whistleblower, John Perkins, wrote in detail of his ‘boots-on-the-ground’ experiences in conquering third-world nations through economic aid and infrastructure financing in his seminal classic, Confessions of an Economic Hitman. He’s since been on a world crusade to expose the madness of neoliberalism, seeking redemption by connecting with many of the indigenous cultures he previously had worked to enslave and oppress.

In recent years, Greece has become a more visible victim of this policy as the IMF and the European Union have forced the people of this ancient culture into austerity and starvation as part of a plan of economic restructuring to force repayment of illegitimate debts to international bankers.

Speaking at The Delphi Initiative in 2015, economist, geopolitical analyst, and former World Bank staffer, Peter Koenig, explained the scourge of this political and economic philosophy and how it is destroying our world today.

What we are confronted with today is the globalization, and the globalization basically that we are living is like a fetish of the neoliberals. The neoliberals who want to reduce the world to one culture, to one set of values, all based on greed consumption and maximizing profits. ~Peter Koenig

Koenig also speaks of neoliberalism as the root of the type of endless global conflict we see today, including wars of occupation and their resulting terrorism, noting that the U.S. economy is now so dependent on military spending that if peace were to break out, our economy would collapse.

Although from 2015, Koenig’s message is critically important today as the world continues to wake up to the reality that our lives are in the hands of a small exploitative group of inhumane corporations and governments who will stop at nothing to control the resources which make life possible, including water, destroying any civilization that stands in its way.

 

The U.S. Deep State Rules – On Behalf of the Ruling Class

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By Glen Ford

Source: Black Agenda Report

“The U.S. Deep State is unlike any other, in that there is no other global superpower bent on world domination.”

The Deep State is busy denying that it exists, even as it savages a sitting president and brutally bitch-slaps its host society, demanding the nation embrace its role as global psycho thug and kick some Russian ass. The New York Times, always available to divert attention from the essential facts of who rules America, points to Egypt, Turkey and Pakistan as the natural habitats of Deep States. Apparently, Deep State-infected countries tend to be nations with majority Muslim populations, whose military-intelligence apparatus hovers over society and periodically seizes control of the civil government.

The Times quoted high-ranking operatives of the Deep State to prove that such structures are alien to the U.S. Michael V. Hayden, who ran the CIA under Democratic President Obama and Republican George Bush, recoiled at the term. He “would never use” the words Deep State in connection with his own country. “That’s a phrase we’ve used for Turkey and other countries like that, but not the American republic.”

Loren DeJonge Schulman, a former Obama National Security Council official, claimed to be repelled by the very idea of an American Deep State. “A deep state, when you’re talking about Turkey or Egypt or other countries, that’s part of government or people outside of government that are literally controlling the direction of the country no matter who’s actually in charge, and probably engaging in murder and other corrupt practices,” she said.

Apparently, Ms. Schulman did not consider it murder when Obama and his top national security advisors met every Tuesday at the White House to decide who would be assassinated by drone or other means. But she is “shocked” to hear “that kind of [Deep State-phobic] thinking from” President Trump “or the people closest to him.”

Once the Times had located the nexus of Deep Statism in the Muslim world, the lesser lights at The New Yorker endorsed the corporate media consensus that the U.S. is Deep State-free. Staff writer David Remnick admits that U.S. presidents “have felt resistance, or worse, from elements in the federal bureaucracies,” citing Eisenhower’s warnings against the military-industrial complex, Lyndon Johnson’s “pressure from the Pentagon,” and the “rebuke” of Obama’s Syria policy through the State Department’s “dissent channel.” However, he denies that any “subterranean web of common and nefarious purpose” threatens the orderly and transparent processes of the U.S. political system.

In reality, the U.S. Deep State is by far the world’s biggest and most dangerous version of the phenomenon; a monstrous and not-so subterranean “web of common and nefarious purpose” that is, by definition, truly global, since its goal is to rule the planet. Indeed, the Deep States of Turkey, Egypt and Pakistan — all nominal U.S. allies – are midgets in comparison and must operate in a global environment dominated by Washington’s Deep State apparatus. So vast is the imperial Deep State, that its counterparts in other nations exist largely to collaborate with, resist, or keep tabs on the U.S. behemoth, the predator that seeks to devour all the rest.

What is a Deep State? The U.S. Deep State is unlike any other, in that there is no other global superpower bent on world domination. (Washington’s political posture is also unique; no other nation claims to be “exceptional” and “indispensable” and thus not subject to the constraints of international law and custom.) Indeed, the U.S. is so proudly and publicly imperialist that much of what should be secret information about U.S. military and other capabilities is routinely fed to the world press, such as the 2011 announcement that the U.S. now has a missile that can hit any target on the planet in 30 minutes, part of the Army’s “Prompt Global Strike” program. Frightening the rest of the world into submission — a form of global terrorism — is U.S. public policy.

However, arming and training Islamic jihadist terrorists to subvert internationally recognized governments targeted by the U.S. for regime change is more than your usual variety of covert warfare: It is a policy that must forever be kept secret, because U.S. society would suffer a political breakdown if the facts of U.S. and Saudi nurturing of the international jihadist network were ever fully exposed. This is Deep State stuff of the highest order. The true nature of U.S. foreign policy in the 21st century, and the real character of the current wars in Syria and Iraq, must be hidden from the U.S. public at all cost. An alternative reality must be presented, through daily collaboration between corporate media, corporate universities, and the public and covert organs of the U.S. State.

What part of the New York Times coverage of the war against Syria is a lie? Damn near all of it. What role does the Deep State play in crafting the lies dutifully promulgated by the corporate media? That’s impossible to answer, because the Deep State is a network of relationships, not a clearly delineated zone or space or set of organizations. The best way to describe the imperial Deep State is: those individuals and institutions that are tasked with establishing the global supremacy of the corporate ruling class. Such activities must be masked, since they clash with the ideological position of the ruling class, which is that the bourgeois electoral system of the United States is the world’s freest and fairest. The official line is that the U.S. State is a work of near-perfection, with checks and balances that prevent any class, group or section from domination over the other. The truth is that an oligarchy rules, and makes war on whomever it chooses — internationally and domestically — for the benefit of corporate capital.

The Deep State and its corporate imperatives manifestly exists when corporate lobbyists and lawyers are allowed to draw up the Trans Pacific Partnership global “trade” agreement, but the contents are kept secret from the Congresspersons whose duty is to vote on the measure. The Deep State is where corporate power achieves its class aims outside the public processes of government. It’s where the most vicious class warfare takes place, whether on a foreign killing field, or in the corporate newsroom that erases or misrepresents what happened on that battlefield.

At this stage of capitalism, the U.S. ruling class has less and less use for the conventional operations of the bourgeois state. It cannot govern in the old way. More and more, it seeks to shape events through the levers of the collaborating networks of the Deep State. It’s number one global priority is to continue the military offensive begun in 2011, and to break Russia’s resolve to resist that offensive. The ruling class and its War Party, now consolidated within the Democratic Party and regrouping among Republicans, have effectively neutralized a sitting president whose party controls both Houses of Congress, less than two months into his term.

Only a Deep State could pull that off.

 

BAR executive editor Glen Ford can be contacted at Glen.Ford@BlackAgendaReport.com.

Glen Ford’s blog

The Democrats’ Dangerous Diversion

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By Nicolas J S Davies

Source: Consortium News

The current debate over “fake news” has reminded me of a conversation I had several years ago with a former citizen of East Germany, now living in the United States. He explained that, in East Germany, everybody knew that what the media told them about their own country was a bunch of lies and propaganda. So they assumed that what the media told them about the West was just propaganda, too.

Now living in the U.S., he had come to realize that a lot of what the East German media said about life in the U.S. was actually true. There really are people living on the street, people with no access to healthcare, widespread poverty, a lack of social welfare and public services, and many other problems, as the East German media accurately reported, and as the Chinese government also noted in its latest report on human rights in the U.S.

My friend wished he and his countrymen had understood the difference between what their media told them about their country and what they reported about the West. Then they could have made more intelligent choices about which aspects of life in the West to adopt, instead of allowing Western experts to come in and impose the entire neoliberal model on their country.

In the West, of course, the state media of East Germany and other Communist countries were held up to ridicule. I remember hearing that people in the U.S.S.R. would open their newspapers in the morning and have a good laugh at the latest “fake news” in Pravda. But, as my German friend eventually understood, there was some truth amongst the propaganda, and the hidden danger of such a corrupted media system is that people end up not knowing what to believe, making informed democratic choices almost impossible.

In the end, people all over Eastern Europe were cornered into a false choice between two ideological systems that both came as top-down package deals, instead of being able to take charge of their own societies and democratically decide their own future.

In the U.S., we live under a two-party political system, not a one-party system as in East Germany, and our media reflect that. As each of our two main political parties and our media have fallen more totally under the sway of unbridled plutocratic interests, our mass media has devolved into a bifurcated version of what my friend observed in East Germany, triply corrupted by commercial interests, partisan bias and ideological and nationalist propaganda.

Down the Rabbit Hole 

Since the 2016 election campaign, our political system seems to have devolved into something like the nonsense world of Lewis Carroll’s Alice In Wonderland, with Donald Trump as the Queen of Hearts, Hillary Clinton as Humpty Dumpty, the Republicans and Democrats as Tweedledum and Tweedledee, the election as the Caucus Race (which Lewis Carroll based on U.S. political caucuses) and the whipsawed American public as the permanently baffled Alice.

In Lewis Carroll’s Caucus Race, an assortment of creatures ran randomly around a racetrack with no start or finish line, until the Dodo called the race over, declared them all winners and told Alice (the public?) she had to give them all prizes.

In similar fashion, the 2016 election between two of the most unpopular presidential candidates in U.S. history seems to have no finish line, but to live on in round-the-clock campaigns to corral the public into one of its two camps. The artificial, top-down nature of both these campaigns should be a warning that, like the election campaigns they grew out of, they are designed to corral, control and direct masses of people, not to offer real solutions to any of the serious problems facing our country and the world.

On one hand, we have President Trump, Republican Congressional leaders, Breitbart, Fox News and Rush Limbaugh, spouting nonsense worthy of Lewis Carroll, even in major presidential speeches, while dismissing criticism as “fake news.”

The Trump camp will never acknowledge that only a quarter of voting-age Americans voted for him, nor that even less of us share his views or the interests he represents. In this corrupt two-party system, no effort or expense is spared to persuade the public that we must vote for one of the two major party presidential candidates, whether we agree with either of them or not. But that cuts both ways, leaving most of the public unrepresented no matter who wins, and depriving any new government of a genuine popular mandate.

But Republican leaders play a more straightforward winner-take-all game than the Democrats. So they will try to ride Trump’s victory and their Congressional majorities as far as they will take them on all fronts: more tax breaks for the wealthy and corporations; more draconian cuts in social spending; more privatization of healthcare, education and other public services; more detention and deportation of immigrants; a more aggressive police response to social problems and public protest; more destruction of the natural world and the climate; and more increases in a military budget that already broke post-WWII records under Bush and Obama, to fuel a more openly aggressive and dangerous war policy – in other words, more of all the things that most Americans would agree we have already had too much of.

On the other side, Democratic Party leaders and the CIA, supported by the New York Times, the Washington Post, CNN and MSNBC, have conjured up unproven charges that Russia stole the election for Trump as the heart of their campaign against him. In Trump, history has handed them a political opponent with a piñata of vulnerabilities, from unprecedented conflicts of interest to policies that benefit only his own wealthy class to willful ignorance of how almost everything he is responsible for as president really works.

And yet the cabal formerly known as the Clinton campaign shows little interest in pointing out that our new Emperor has no clothes on, let alone in seriously resisting his repressive, plutocratic policies, and is instead obsessed with convincing the public that a birthmark on his naked bum looks like a hammer and sickle.

A Saving Grace?

Paradoxically, if Trump really reduced tensions between the U.S. and Russia, as his hawkish Democratic opponents fear, that could be the saving grace of his entire presidency. George W. Bush’s and Barack Obama’s regime change wars, NATO expansion and the U.S.-backed coup in Ukraine have ignited a new Cold War that many respected scientists believe has raised the risk of human mass extinction to its highest level since the 1950s.

In the pursuit of false security based on post-Cold War triumphalism and a fleeting mirage of military supremacy, our corrupt leaders have jeopardized not just our security but our very existence, leaving us at two and a half minutes to midnight on the Bulletin of the Atomic Scientists (BAS)’ Doomsday Clock.

As Jonathan Marshall at Consortiumnews.com reported on March 10, experts from the Federation of American Scientists, the Natural Resources Defense Council and MIT wrote in a recent BAS article that new “super-fuzes” installed on U.S. nuclear warheads since 2009 have significantly increased the danger of nuclear war by giving the U.S. the ability to destroy all Russia’s fixed land-based nuclear missiles with only a fraction of U.S. own weapons.

Coupled with President Obama’s deployment of a formerly illegal ABM (anti-ballistic missile) system on Aegis missile destroyers and at bases in Eastern Europe, the authors wrote that this upgrade to U.S. nuclear warheads is “exactly what one would expect to see if a nuclear-armed state were planning to have the capacity to fight and win a nuclear war by disarming enemies with a surprise first strike.” They concluded that “Russian planners will almost surely see the advance in fuzing capability as empowering an increasingly feasible U.S. preemptive nuclear strike capability.”

In the case of a suspected Russian nuclear missile launch, the U.S. satellite-based early warning system can give President Trump 30 minutes to judge whether we are really facing a nuclear attack or not. But Russia’s land-based early warning system is not so generous. In the case of a suspected U.S. nuclear launch targeting Russia, President Putin would have as little as 7 to 13 minutes to decide whether Russia was really under nuclear attack and whether to retaliate.

In the midst of escalating tensions over Syria, Ukraine, Iran or some other new crisis, a realistic fear of a U.S. first strike could force a hasty decision by Russian officials and seal the fate of humanity. The BAS authors believe that this predicament leaves Russia little choice but to pre-delegate its nuclear launch authority to lower levels of command, increasing the risk of an accidental or mistaken launch of nuclear weapons.

In an epitome of understatement, they point out that, “Forcing this situation upon the Russian government seems likely to be detrimental to the security interests of the United States and its Western allies.”

While U.S. officials are largely silent about the dangers of these developments in U.S. nuclear weapons policy, President Putin has spoken frankly about them and expressed dismay that the U.S. has rejected every Russian offer of cooperation to reduce these risks. Talking to a group of journalists at the St. Petersburg International Economic Forum in June 2016, he concluded, “I don’t know how this is all going to end. … What I do know is that we will need to defend ourselves.”

But despite the existential dangers of deteriorating relations with Russia, Democratic Party leaders have grasped the CIA’s unproven “assessments” that Russia may have tried to influence the outcome of the U.S. election as a lifeline by which to salvage their positions of power after their party’s electoral implosion.

Since the leadership of the Democratic Party was taken over by the corporate-backed Democratic Leadership Council (DLC) a generation ago, it has followed an unwritten rule that it must never accept responsibility for losing an election, nor respond to signs of public disaffection with any weakening of its commitment to pro-corporate, neoliberal policies. In its desperation to prevent the democratic reform of the Democratic Party, it is aggressively tarring nuclear-armed Russia with the same brush it used to tar and feather Ralph Nader after the 2000 election.

The mortal aversion of Democratic Party leaders to progressive reform suggests that they prize their own control of the party even above winning elections, the rational purpose of any political party. Their ugly smear campaign against Keith Ellison, the progressive candidate for Democratic National Committee (DNC) chair, mirrored the DNC’s corrupt campaign to undermine Sen. Bernie Sanders in the Democratic primaries and the DLC cabal’s bare-knuckles response to progressive challengers for the past 30 years.

For the DLC Democrats to snatch defeat from the jaws of the long-term victory that the country’s shifting demographics seem to guarantee their party requires a truly historic level of corruption.

Their unshakable commitment to fight tooth and nail for the interests of their wealthy campaign contributors over those of poorer, younger and darker-skinned voters in every election, every national, state and local party committee and on every issue, even as they pretend they are doing the exact opposite, could only be a viable political strategy in Lewis Carroll’s Wonderland. In the real world, their demonstrated disdain for the people from whose votes they derive their power is a strategy for political suicide.

Different Kind of Politics

These corrupt party leaders and their corporate media cheerleaders dare not remind us that Bernie Sanders’s candidacy for president inspired more enthusiasm and drew bigger crowds than Trump’s or Clinton’s, despite one eightieth of the early media promotion lavished on Trump by some corporate media and the fact that almost the entire Democratic Party establishment lined up against him.

For decades, DLC Democrats have run on vague messages about “values” to avoid being cornered into explicit progressive policy positions that might alienate their wealthy patrons. Sanders was greeted with open arms by younger voters ready for a renaissance of real politics based on actual policies that solve real problems, like universal healthcare, free college tuition, progressive taxation to pay for it all and a more cautious approach to U.S.-backed “regime change” in other countries.

By contrast, an analysis of campaign messaging by the Wesleyan Media Project found that “Clinton’s message was devoid of policy discussions” when compared to other recent presidential campaigns, including even Trump’s, and that this was a critical factor in her failure.

According to opinion polls, Bernie Sanders may now be the most popular politician in America. Polls consistently showed that Sanders was likely to beat Trump in the general election if the Democratic Party allowed him to get that far, but the DNC fundraising machine pulled out every trick in the book to make sure that didn’t happen. If truth be told, Sanders’s success was probably a more accurate reflection of the evolving political views of a majority of Americans in 2016 than the billion-dollar auction of the presidency between the Game Show King and the Queen of Chaos.

These two camps represent factions of the powerful interests that have controlled American politics for decades, from the military-industrial complex and the CIA to the dirty energy and for-profit “healthcare” industries, to say nothing of the commercial media industry itself, which covered this election all the way to the bank and for whom the show must go on and on and on … and on.

Lies of Both Sides.

Like the people of East Germany in the 1980s, we now face the challenge of a society in crisis, compounded by a treacherous media environment, with not just one, but two competing camps presenting us with false, self-serving interpretations of the multi-faceted crisis their corruption has spawned. While they compete for our trust, they share a common interest in insisting that one of the two mythological worldviews they have staked out must be right.

But as Cornel West recently told the students at my local high school in Miami in a Black History Month speech, “You don’t have to choose between the lies on one side and the lies on the other side.” So the question becomes where to turn for something other than lies, and how to recognize the truth when we stumble across it.

The paradox of our Internet age is that we nearly all have access to a wider range of media than ever before, yet we are still exposed and susceptible to corporate, partisan and ideological propaganda. In theory, we no longer have to be victims of for-profit media whose business models prioritize their profits over their duty to inform the public. But in reality, we do not form our views of the world as independently as we think we do.

This is easier to grasp in the case of commercial advertising than in the arena of political or ideological indoctrination. There is a well-known dictum in the business world that goes, “I know that half the money we spend on advertising is wasted. I just don’t know which half.” The flip-side of this is that the other half is not wasted.

So the advertising industry in the United States spends $220 billion per year, $700 for each man, woman and child in the country, to sell us products and services. And yet we still like to think that we make independent, rational choices about our spending, based on enlightened self-interest and cultivated tastes, not on the work of copywriters churning out pitches, images and jingles in ad agency cubicles.

One of the by-products of the mass monetization of American politics since the 1980s is that politics has become a profitable new arena for advertising, marketing and public relations firms. Its practitioners apply the techniques and experience they’ve developed in other areas to the world of politics, helping politicians and parties to convert the money they raise from wealthy campaign contributors into votes, and ultimately into power over all our lives. So we should be just as wary of political marketing and advertising as of the commercial variety. We should also be more humble in recognizing our own vulnerability to these profitable forms of persuasion and deception.

My copy of Alice in Wonderland has a quotation from James Joyce in the front of the book: “Wipe your glasses with what you know.” What we know is often our best protection against being misled by advertisers, politicians and pundits, if we will only remember what we know and trust it over the misinformation that surrounds us.

“Wiping our glasses with what we know” can provide a reality check on the current Russophobia campaign. We know very well that the U.S. and Russia possess the bulk of the world’s nuclear weapons, and that war between our two countries would likely mean death for ourselves and our families and the end of life as we know it for people everywhere.

We also know that it is our country and its allies, not Russia, that have launched invasions, military occupations, bombing campaigns, coups and drone wars against at least ten countries in the past 20 years, while Russia only recently become engaged in two of these conflict zones when its interests were directly impacted by our actions.

So we can see that the greatest danger in this relationship is not the threat of some unprovoked and unprecedented act of Russian aggression. The more real and serious danger is that a confrontation with Russia over one of the hot spots we have ignited will lead to an escalation of tensions in which a mistake, a misunderstanding, a miscalculation, a bluff called, a “red line” crossed or some other kind of failed brinksmanship will trigger a war that will escalate to the use of nuclear weapons, and from there to Armageddon.

Even with the lines of communication set up after the Cuban missile crisis and the stabilization of the Cold War balance of terror by the principle of Mutually Assured Destruction (MAD), we now know that we came very close to Armageddon many times, including simply by accident.

Instead of being corralled by either side in the “Russia did it” campaign, we should be urging our leaders to sit down and talk seriously with Russia’s leaders, to stop taking dangerous actions that exacerbate tensions, uncertainties and mutual isolation, and to return to serious negotiations to leave our children and grandchildren a peaceful world, free of nuclear weapons, where these dangers will no longer threaten them.

Amid lies and distortions on all sides, the corruption of politics and media by commercial interests and the billion dollars per year our government spends directly on public relations and propaganda, James Joyce’s advice can still serve us well. Make sure to wipe your glasses with what you know as you read or watch “news” from any source or listen to politicians of any party, and we may just find a way out of this rabbit hole before the roof crashes in on us.

 

Nicolas J S Davies is the author of Blood On Our Hands: the American Invasion and Destruction of Iraq.  He also wrote the chapters on “Obama at War” in Grading the 44th President: a Report Card on Barack Obama’s First Term as a Progressive Leader.

How 90% of American Households Lost an Average of $17,000 in Wealth to the Plutocrats in 2016

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By Paul Buchheit

Source: Information Clearing House

America has always been great for the richest 1%, and it’s rapidly becoming greater. Confirmation comes from recent work by Thomas Piketty, Emmanuel Saez, and Gabriel Zucman; and from the 2015-2016 Credit Suisse Global Wealth Databooks (GWD). The data relevant to this report is summarized here.

The Richest 1% Extracted Wealth from Every Other Segment of Society 

These multi-millionaires effectively shifted nearly $4 trillion in wealth away from the rest of the nation to themselves in 2016. While there’s no need to offer condolences to the rest of the top 10%, who still have an average net worth of $1.3 million, nearly half of the wealth transfer ($1.94 trillion) came from the nation’s poorest 90% — the middle and lower classes, according to Piketty and Saez and Zucman. That’s over $17,000 in housing and savings per lower-to-middle-class household lost to the super-rich.

Put another way, the average 1% household took an additional $3 million of our national wealth in one year while education and infrastructure went largely unfunded.

It Gets Worse: Each MIDDLE-CLASS Household Lost $35,000 to the 1% 

According to Piketty and Saez and Zucman, the true middle class is “the group of adults with income between the median and the 90th percentile.” This group of 50 million households lost $1.76 trillion of their wealth in 2016, or over $35,000 each. That’s a $35,000 decline in housing and financial assets, with possibly increased debt, for every middle-class household.

Housing Wealth for the 90% Has Been Converted into Investment Wealth for the Plutocrats

In the 1980s, the housing wealth of the bottom 90% made up about 15 percent of total household wealth (Figure 8 here and Page 41 here).

In the 1980s, the corporate equities owned by the richest .01% made up about 1.2 percent of total household wealth (Figure 8 here).

Housing was 12 times greater than super-rich stock holdings back then. Now they’re nearly equal. The home values of 112,000,000 households have been reduced to just over 5 percent of total wealth, while the stocks and securities of the richest 12,000 households are approaching 5 percent of total wealth. Our homes have turned to dust, and the plutocrats have turned the dust into gold.

Even the Wages of the Poorest Americans Have Been Transferred to the Plutocrats 

It’s bad enough that the poorest 50% of America have no appreciable wealth, but their income has not increased in 40 years (see Table 1 here). More evidence comes from Pew Research.

As Piketty, Saez, and Zucman note, the richest 1% and the poorest 50% “have basically switched their income shares.” They explain, “We observe a complete collapse of the bottom 50% income share in the US between 1978 and 2015, from 20% to 12% of total income, while the top 1% income share rose from 11% to 20%.”

Making America Great for 1% of Us 

In his book, Glass House: The 1% Economy and the Shattering of the All-American Town, Brian Alexander describes today’s America through the lens of his hometown of Lancaster, Ohio, which had been a leading glasswares manufacturer. But the town started falling apart in the 1980s. A major glasswares company was bought up with borrowed money by private equity firms, which then cut jobs and wages, allowed manufacturing facilities to fall into disrepair, stopped contributing to pensions, moved company headquarters out of state, and demanded tax breaks to keep the glassware plant in Lancaster.

Capitalism as usual. Yet 59 percent of Lancaster’s county voted for Trump. Alexander explains that the people of Lancaster “remained captured by an ultra-conservative, anti-tax philosophy that prevented them from raising funds to repair the crumbling streets..”

Delusions persist about the power of the market and the dangers of governing ourselves. The business media has conditioned us to fear the words ‘social’ and ‘public,’ as if they connote evil or ineptitude or anti-Americanism. But the public good depends on cooperation. Society fosters individual accomplishment, not the other way around.

The obscene transfer of wealth and income to the plutocrats won’t end until we demand a return to the Commons, where we work as a society rather than allow predatory plutocratic individuals to control us. There are 112 million households in America that are giving thousands of their hard-earned dollars to the 1%, and we have finally begun to fight back, together, as a massive force of Americans who refuse to let the theft continue.

 

Paul Buchheit is a writer for progressive publications, and the founder and developer of social justice and educational websites, including: UsAgainstGreed.org, PayUpNow.org, and RappingHistory.org. This article was first published at Common Dreams