Wednesday, March 21, 2018

We The People Have Been Duped

We The People of the United States of America have been duped. Right from the beginning, the founders of this country planned it out so that the large money interests would manage the country and the middle class would labor. The poor stayed poor for the most part with a few exceptions and the rich got richer, leaving the so-called Middle Class to do all of the labor. The plan went well at first until the middle class became so big they threatened the ruling class' position. Something had to be done about it but what to do was a big question. The rich did not want to irritate their working class or they would never grow the country. To grow the new country in the world market it was going to take innovation, finance and labor. The innovation came out of the elite and working class.
The banking came out of the elite class and the labor came out of the working class. Not real different from the system Britain had in place, except the elite of this country promised the working "middle" class that they would be totally free to choose what they wanted to do for labor and how to spend their wages. They promised that those in leadership positions would be approved by the general citizenry by way of elections. That way you would feel as though your desires would be considered along the way as the country grew. The poor were promised help in making life better for themselves. The white male was dominant with white females coming second. In third place is the female of color and dead last was the male of color. No one was promised anything without earning it.


Where they duped us was in the way everything is rigged to benefit the rich and hardly anything comes down to the working class. The poor are worse off than before because begging was not illegal as it has become today.


Why did it turn out like today?


The rich are most to blame for their greed but the working middle class has to accept some of the blame as well. We wanted more of what the rich were enjoying so we sold our souls to the bankers. They offered us cards to carry around to obtain a loan for what the merchandise cost. Then they went to the merchants and offered them a way to broker these loans for a percent of the sale. Everyone got what they wanted. More money loaned by the bank brings them in a stream of interest money. The more money streams a bank has, the more confident a bigger bank would be to go into partnership with them. Now the bigger money is backing all of the economy.


The only thing that holds all of this together is keeping the majority of middle class workers beholden to the big banks enough that they will happily do the job provided them. Their debt to the banks is so high that they have to work all of the time to pay these loans. (credit cards, mortgage, car loans). No time in their lives to cause trouble. The elite are counting on those dynamics.


Each time the middle class holds a certain percentage of the money in the country, the banking class has to cause a fault to occur so they can cancel some of that wealth. A well healed middle class is hard to control, but a deeply indebted one will bend to the wind. Look at banking history in this country. The banking "panics" of 1819, 1837, 1873, 1907, great depression in the late 20's early 30's, the savings and loans bank crisis of the 80's - 90's and the financial debacle they call the great recession started in 2007 and lasting through the rest of the first decade of the twenty first century.
The middle class was devastated in each and the rich got richer. Either the banks failed and restitution from the treasury, tax revenue, was used to let them recover or they consolidated and became bigger.


Mortgages made up a huge portion of money sent to the banks by it's customers and was their principal stream of money. They also held a certain amount of their customer's money for safe keeping. Knowing that a bank had a certain amount of money being kept in savings accounts gave the bigger banks confidence in that bank giving them a better borrowing position.


That is why there is a wave of resisters trying to make digital currency like Bit Coin viable to use for payment and eliminate the need for the big banks. For the concept to work, everyone including merchants would have to recognize the digital currency and allow trade using it for payment. Now the merchant has to be linked to the entire digital currency community to the point of every transaction in the currency would be passed through that merchant for them to see. After all of this, there would have to be redeeming places that deal in the digital currency. Last but not least, there would have to be some type of safe guards in place that you know your piece of the action is secured. Who would guarantee this? It can only work if the big banks can have a piece of the action, otherwise it is doomed from the inception.We already have digital currency called a credit card.


The black market, drug cartels and other unscrupulous organizations want the digital currency to succeed because they could make their transactions without anyone knowing it. There would be no regulatory commission or any other agency to guarantee the viability of the currency and fraud could run rampant.


More another time...
J

NOT THAT IT MATTERS TO ANYONE BUT ME, THIS WAS WRITTEN TWO YEARS AGO AND I NEVER POSTED IT. BETTER LATE THAN NEVER...


Who Knows What is definitely what we should ask ourselves. Do we really know about Donald Trump or Hillary Clinton. Well, we definitely know who Hillary is since she has devoted many years of her life in the service of our country. Not everyone thinks she did a great job but she tried to do the best she could and there were not many that wanted to take on the responsibility she was willing to take on.

First, she showed us how she could be gracious as the "governor's wife" when she and Bill were in Arkansas and Bill was governor. Then as "first lady" of our country, as Bill was President, she showed what type of person she was with her ideas to help the middle class expand. I think this was seen by the very wealthy of our country and those that invest in this country, as a threat to their power and influence. It took some time, but the money control and wealth shifted back to the very few as the 401-Ks, IRA's and other money market products lost their values. People began to go back to work in order to pay the bills each month.

The very wealthy of this country benefitted by the swing and they have become the control of our economy once again and the middle class level of wealth has been shrinking over the years. Two jobs for each member of the family is the norm now. Some of the wealth has returned to select accounts but for the most part, the ones that lost it during the last recession will never get it back and will be working for the rest of their lives.

Our society is being manipulated by the media because the money owns the media. I don't mean just the nationally known media that get in the news on television every day but I mean every media outlet from local newspapers to network television programming and everything in between, has an owner with an agenda to generate as much revenue as possible through their programming advertisements and some have a political agenda too.

The more people they can claim tune in each day the more their air time is worth. There is a book printed with data taken from surveys and digital tracking through satellite listening and viewing showing the average age of the consumer of any given program and time slot of the day.

A marketing exec will refer to this book to pick the proper times and programs to place their client's message. Television, radio and most well-known print media will be represented by such a publication. The marketing exec pays for the subscriptions to the publications so they can better serve their clients.

To say that any news media is unbiased would be inaccurate. They have to be biased to attract investors and advertisers in the first place. So if we take what we see and read along with what we hear on radio with that "grain of salt" that we have all heard about, we will be able to decipher what is probably real and what is made up.

We use to hold reporters and managers of media outlets up to a higher standard. We as a society expected our reporters to check out stories before they published or broadcast them. Now we are so use to them feeding false information out there in favor of their agenda that we are not surprised or appalled is really what it should be.

We have come to expect our politicians to tell us misinformation to take our attention away from the real story. To give us something to talk about at work or at the game or in church. Oh yes, we love to talk about what is going on in the world, don't we? We love to be in someone else's business so it makes our messy lives feel less messy and more tolerable.