| Trouble in the Making [message #99583] |
Mon, 13 July 2026 13:17  |
Rusty
Messages: 1440
Registered: May 2018
Location: Kansas City Missouri
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Illuminati (3rd Degree) |
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I could only go for so long here before starting up my true Dungeon nature by posting some subject calling attention to these times we live.
I like this young blogger for his thoroughness with his analysis. Which with this subject counters the usual articles put out on what our country's economic status is. I think that is typical of many subjects in the news too.
Here Ben Norton goes over objectively with our economy with a healthy dose of interpreting data unadulterated with cherry picking. Most Americans are not wealthy. That's the 90% of the population. If you make it through this blogs lengthy presentation, you'll get an idea of how we really fare with the rest of the world. Our healthcare system, rent, insurance, child care and so many other metrics of modern living are what drags our cost of living down with other nations that may surprise some.
My favorite chart he shows is one showing the wealth of the .00001% that owns 12% of the total income in the US. But it's the time period of the late 40's to the 1980's when Neoliberalism took over from Keynesianism showing the Golden Period of American prosperity for most people. We baby boomers know of it, grew up in it. And now our young generation is not part of the once American Dream.
https://blog.syzgroup.com/syz-the-moment/wealth-at-the-top-0.00001-owns-12-of-us-income
I think our country has lost its principles when it eschewed our manufacturing and industry away to maximize profit. And our economic system became financialized and service oriented. Its made us weak and dependent and loaded down with debt. The rest of the once 3rd world as was known is the manufacturing centers now. Their standard of living is rising. Our's is declining. You wouldn't know that reading and listening to corporate media though.
This is why I like alternative media. There's no editorial board to tailor the truth.
Ben Norton, Geopolitical Economy Report:
https://www.youtube.com/watch?v=kzFUd8uj7pA
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| Re: Trouble in the Making [message #99620 is a reply to message #99594] |
Sat, 25 July 2026 15:41  |
Rusty
Messages: 1440
Registered: May 2018
Location: Kansas City Missouri
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Illuminati (3rd Degree) |
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This lady reinforces how I feel about this country of ours. That this has been going on for some time, and through both political parties. Her new book called, "Crime & No Punishment: Wealth, Power and Violence in America". She goes over through how most certainly is our economic doctrine that has allowed for wealth to accumulate at unprecedented levels since the 1980's, basically from when Neoliberal economics took hold. And through the capture of the legislative process through campaign financing.
Which has corrupted our democracy to the point there isn't much left of it. She emphasises how corporate and big banking has managed to escape being accountable to being punished for their crimes inflicted on the public. Big Pharma, the real estate bubble collapse in 2008 for example.
And the gun lobby that has made violence an everyday occurance, mass shootings a regular news happening. And privatized prisons everywhere. America is one of the most violent advanced countries in the world.
Our war mongering throughout the world unabated. And a military complex that with a budget over a trillion a year now. Can't provide the weaponry to sustain our war machine for any length of time. Which may be it's only saving grace. Though at the expense of our society and our wellbeing.
From the Chris Hedges Report, (a fine journalist). Marie Gottschalk and her book.
https://chrishedges.substack.com/p/how-americas-corporate-class-became
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