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Today we have four hot time bombs, tick-ticking, soon to make history; any one can easily accelerate the revolution that’s already killing Wall Street from within.
1. Wealth gap: Super-Rich vs class wars, death of democracy
The gap: In one generation, America’s wealthiest 1% has exploded from 9% to 23% of America’s income, while middle-class income has stagnated. Even Buffett admits: “There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and winning.”
But my rich friend tells the real story, of their social disconnect. The rich just don’t care. They live in a different world, live by a self-centered code lacking a moral compass. The public welfare is honored only if supported by tax benefits.
The wealth gap is widening and soon something unpredictable will ignite a Wall Street revolution.
2. Wall Street’s doomsday capitalism vs rule by anarchy
A key Supreme Court decision accelerated and codified Wall Street’s ability to use billions stolen from taxpayers to lobby Washington and solidify its power, all for its own self-interest, through campaign payola, senators’ votes, presidential access, manipulation of regulators, grabbing tax benefits, etc. And it’s every man and woman for themselves.
Don’t believe it? Know this, democracy is dead and you’re in denial. Wall Street CEOs and Forbes 400 billionaires are either engaged in a secret conspiracy, or a classic anarchy picking apart America, oblivious of the fact they are setting up the next big revolution.
3. Pentagon’s perpetual war machine vs America’s budget time bomb
The mathematics of our $75 trillion Social Security and Medicare deficits often seem insurmountable, but can be recalibrated. However, the war-loving mindset of America’s neocons — fueled by China’s military actions, the insatiable expansion of our military spending and a Pentagon prediction that global population growth — is putting more and more pressure on the world’s scarce resources, and will, in turn, increase global wars and the demand for more war spending, increasing the risk of sudden revolutions everywhere.
4. Global population explosion vs resources, jobs, better lifestyles
As the world population explodes from 7 billion to 10 billion in the next generation, the demand for more jobs and the pressure on scarce resources will increase, while expectations will fall as the ratio of haves to have-nots increases, making the world all around Wall Street a burning powder keg setting up a revolution.
Bottom line: Forget jailing Wall Street’s dictators. It’s naïve and too late. We missed that opportunity. But a revolution will do the trick, give us a second chance to jail the crooks.
Until then, remember, these four factors are building to a head, merging into a critical mass that will accelerate into a revolution and destroy Wall Street from within: The widening wealth gap, capitalism’s new rule-by-anarchy, the high cost of feeding the Pentagon’s costly war machine, and the huge global population explosion.
Originally posted by DragonTattooz
So, if we are bankrupt, where do we go to file? Brussels? The UN? I think Chapter 7 and a big finger to China is exactly what we need. Let's hit the reset button.
Originally posted by xBWOMPx
Originally posted by DragonTattooz
So, if we are bankrupt, where do we go to file? Brussels? The UN? I think Chapter 7 and a big finger to China is exactly what we need. Let's hit the reset button.
Our whole country in general needs to reset and make laws to never let private bankers control our monetary policy and put the blood of patriots and tyrants in the offices and get rid of the leaders we have today. If we would have martial law and police force fighting against the citizens so these leaders can stay in office the terrorist have trained some of there own to terrorize there own people. We need to send all our corrupt to 3rd world countries and deny their citizenship, get out of all countries and restart ours and worry about ourselves. Kinda hard to take care of other countries when we cant even take care of our own.
It's difficult to decide who is worse. The Wall Street bankers who have created this problem, the corrupt politicians and congressmen who helped them obtain their goals, or the populace who stood idly while they did so? It's time to stop just discussing this issue and to do somthing about it, it's time to stop allowing the machine to lead the world to distruction, it's time to stop demonizing unions and teachers, it's time to act.