Economic NIGHTMARE: Half the population on government entitlements, Wages are down 23%

THIS IS YOUR RECOVERY AND THIS IS YOUR RECOVERY WITHOUT DRUGS

“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks…will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.” – Thomas Jefferson

Does this chart portray an economic recovery in any way? Wages have been stagnant since the START of the supposed recovery in 2010. Real median household income, even using the highly understated CPI, is on a glide path to oblivion. You just need to observe with your own two eyes the number of Space Available signs in front of office buildings, strip centers and malls across America to realize we have further to fall. Low paying, part-time burger flipping jobs aren’t going to revive this debt saturated economic system. But at least the .1% are enjoying their Federal Reserve created high. Fiat is a powerful drug when administered in large doses to addicts on Wall Street.

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The S&P 500 has risen from 666 in March of 2009 to 1,972 today. That is a 196% increase in a little over five years. During this same time, real household income has fallen by 7%. There have been a few million jobs added, while 11 million people have left the labor market. According to Robert Shiller’s CAPE ratio, the stock market valuation has only been higher, three times in history – 1929, 1999, and 2007. He seems flabbergasted by why valuations are so high. Sometimes really smart people can act really dumb.

The Federal Reserve balance sheet was $900 billion before the 2008 financial crisis. Today it stands at $4.4 trillion. The Fed has increased their balance sheet by 220% since the March 2009 market lows. Do you think there is any correlation between the Fed puppets printing $2.4 trillion and handing it to their Wall Street puppeteers, who used their high frequency trading supercomputers and ability to rig the markets so they never lose, and the third stock bubble in the last 13 years? It’s so self evident that only an Ivy League economist or CNBC anchor wouldn’t be able to see it.

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Let’s look at the amazing stock market recovery without Federal Reserve heroine pumped into the veins of Wall Street banker addicts. If you divide the S&P 500 Index by the size of the Federal reserve balance sheet, you see the true purpose of QE1, QE2, and QE3. It wasn’t to save Main Street. It was to save Wall Street. Without the Federal Reserve funneling fiat to the .1% banking cabal and creating inflation in energy, food, and other basic necessities for the 99.9%, there is no stock market recovery. The recovery has occurred in Manhattan and the Hamptons. It’s been non-existent for the vast majority of people in this country. The wealth effect and trickle down theory have been disproved in spades. The only thing trickling down on the former middle class from the Fed is warm and yellow.

The Rest Of The Story Here

Real Estate Markets: The KEY To The PONZI Banker Scheme

Stock Market CRASH, Bank Run, and Hyperinflation Coming!

How The U.S. Dollar Reserve Currency Dies… Slowly At First, Then All At Once

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(By Chris Hamilton)

By any objective measure Reserve Currencies — particularly the US dollar — are dying. The question most analysts get when discussing the reality of the US and world economic/financial situations is, if things are so dire, why doesn’t it feel like it? (***see dire links below ) If all the facts stated about $6 trillion annual (GAAP basis) US budget deficits or US government total debt and obligations in excess of $90 trillion are true, why does the system still “function”??? Social Security recipients receive checks, the military is still paid, the garbage gets picked up, and stores still have stocked shelves. Life seems hectic but generally “normal”. So, is there a problem at all and if so, when and how will it go from theoretical to reality?

US is Bankrupt: $89.5 Trillion in US Liabilities vs. $82 Trillion in Household Net Worth & The Gap is Growing. We Now Await the Nature of the Cramdown. – See more at: http://charlesbiderman.com/2014/08/04/us-is-bankrupt-89-5-trillion-in-us-liabilities-vs-82-trillion-in-household-net-worth-the-gap-is-growing-we-now-await-the-nature-of-the-cramdown/#sthash.RkY8CKFZ.dpufUS is Bankrupt: $89.5 Trillion in US Liabilities vs. $82 Trillion in Household Net Worth & The Gap is Growing. We Now Await the Nature of the Cramdown. – See more at: http://charlesbiderman.com/2014/08/04/us-is-bankrupt-89-5-trillion-in-us-liabilities-vs-82-trillion-in-household-net-worth-the-gap-is-growing-we-now-await-the-nature-of-the-cramdown/#sthash.RkY8CKFZ.dpuf
***US is Bankrupt: $89.5 Trillion in US Liabilities vs. $82 Trillion in Household Net Worth & The Gap is Growing. We Now Await the Nature of the Cramdown

or
***America Has Adopted The Sclerotic European / Japanese Model
or
***The Story of America’s Economic Illiteracy – Truth hidden in Plain Sight…Yet We Choose to be Blind?

Commit to about 5 to 10 minutes of reading and maybe we can have a very plausible answer.

A LITTLE BACKGROUND

Following WWII, a new monetary system for international commerce and finance was implemented. This agreement known as Bretton Woods (the location in New Jersey where the conference was held) gave the expected Allied victors the spoils and represented the World as of 1945.

CHIEF FEATURES OF THE BRETTON WOODS SYSTEM:

• An obligation for each country to adopt a monetary policy that maintained the exchange rate by tying its currency to the U.S. dollar

• The ability of the IMF (created by the Bretton Woods agreement along with many other current day acronyms) to bridge temporary imbalances of payments (IMF would loan money to nations in trouble with strings attached to ideally resolve these imbalances and keep the system functioning).

• Address the lack of cooperation among other countries and to prevent competitive devaluation of the currencies as well (avoid countries printing money to cheapen their exports and gain advantage in trading)

• To ensure the US did not abuse it’s privilege as the world’s de-facto currency, the US dollar would be freely convertible into gold (if the US printed an excess quantity of $’s, nations accumulating too many dollars from US trade/budget deficits could convert and retire these dollar’s into gold (gold representing a relatively fixed quantity and storage of value).

The Rest Of The Story Here

Spreading Debt and Death — The Rise and Fall of the Bankster

Expert Economist: U.S Is Heading Toward Financial Ruin

U.S. Treasury desperate to Raise Cash before Economic Collapse

Will The Fed Collapse The Economy?

It’s Official: Being Poor in America Has Been Outlawed

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Joshua Krause
Activist Post

As they say, you can always judge a society by how they treat their weakest members. So I shudder to think of how future generations will judge our society. We’ve become a nation that discards our poor like they are trash, and anyone who doesn’t “fit in” is segregated from the herd.

The police are now fining homeless folks for any arbitrary offense they can think of, and city councils across the country are making it illegal to sleep in public. They’ve gone so far as to make it illegal to camp, or even sit or lay down in certain public areas. Worst of all, many cities are making it illegal, or prohibitively expensive to give food to the homeless. According to an interview from The Independent, with a former police chief involved in a charity dedicated to feeding the poor:
The homeless are an embarrassment for the town, said Arnold Abbott, a 90-year-old former police chief from Pennsylvania and director of Love Thy Neighbor, an organization that has been feeding homeless here for over 20 years. Five times the city has tried and failed in court to stop him serving meals each Wednesday on the beach beneath the tourist strip.
The town, he said, really wants the homeless to go away. “They would like to put them in a bus and send them to Miami or Palm Beach. It’s very close to ethnic cleansing. But they are not going to succeed.”
Thank God there are still some people willing to do the right thing, even if it means breaking the law.
In other cities, you now need a $500 permit from the health department to give away food, or perhaps you’ll have to spend $800 to rent the park every time you try to hand out food there. On the surface, it’s bad enough that they are making it so difficult to help out those in need, but when you take the homeless out of the equation, it starts to sound really asinine. To the city councils out there that are perpetuating these laws, are you really going to make it illegal for one consenting adult to buy a sandwich, and voluntarily give it away for free to another adult who wants it? When it’s phrased that way, doesn’t it just sound utterly contemptible and insane?

The Rest Of The Story Here