Saturday, August 19, 2006

The Coming Class War


Ponder this for a moment*… 53% of all stocks in the market, are owned by just 1% of American households. Couple this with a 60% decline in net worth for the middle class due to mortgaging. Then add the fact that payment for overtime no longer exists. That’s right!! There is no such thing as overtime. Please refer to page 15, 576 of the Federal Register. You can work over 40 hrs but you will not be paid for it. That is a grand total of 2.7 million workers losing overtime. But they probably didn’t count on overtime in their budget. Overtime is a bonus anyway. FDR must have been a little tired in those first 100 days to enact such a measure. These figures begin to solidify and like cancer the haves and have mores increase there parasitic ways. For example, here is another bit of statistical information to make your blood boil; according to the World Bank the USA has more millionaires than ever: 7,400,000. And the total number of billionaires has jumped to 341. Lets Roll!!

This rot will end, however it could get a little bloody. I know that many are banking on the rapture so that rent for next month will not have to be paid but the fact still remains that America is becoming a mirror image of other more unsavory nations, such as Saudi Arabia and China. The discrepancy in wealth is on par with these two bastions of freedom and democracy. Monopolistic means of production and supply are global and wealth is concentrated within fewer and fewer circles. Within the next 10 years one of two things will happen, a catastrophic depression bringing everyone to their knees or armed resistance. I am taking marksmanship lessons now. Happy Hunting.

*The above stats have been incorporated from Greg Palast and official Federal documents.

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