The Coming Collapse of the Middle Class

gennx30 Says:

Oct 29, 2009 - So: 1 real wages have dropped since 1970; working males stayed flat 2 The real cost of buying everything has gone DOWN-owing to efficientcies of production scale Except for housing*; The cost of Money has skyrocketed; Banks* The costs of medical care/insurance* have skyrocketed Taxes* have gone up tremendously There are MORE people working for the government Guess which party has been in power since 1970? REPUBLICANS-22 years!-notice how chummy they are with the above* Democrats just 12 years

gennx30 Says:

Oct 29, 2009 - and look at the mess where in! currently (up to 2009) Republicans have controlled government from 50-90% of the time; (part 2) We are witness on of the largest gradual transfer of wealth from the middle to the ruling class in history; THE country has been effectively LOOTED-stripmined of its wealth by the people who call them selves Republicans (and Neocons) it is their right to RULE Socialism for the average working man is BAD Socialism for the Ruling class is FINE-in fact ITS THE *ONLY* WAY!

DannelDoo Says:

Oct 30, 2009 - Please wake up GennX30. Only while we're distracted by bipartisanship can they continue to pull the wool over our eyes. Democrats aren't any better, all of Washington is corrupt and none of them care about YOU.

ThaFunnyGuy Says:

Oct 30, 2009 - i was watching tv today...and there were clips of johnny carson..and he was talking about avoiding swine flu...and talkign about socialism...man, things do go in circles :(

teachem2think Says:

Oct 30, 2009 - You have almost connected all the dots. The two parties are two sides of the same coin. Both parties rely on members of The Trilateral Commission and The Council On Foreign Relations to staff their administrations. They formulate policies beneficial to these so-called non-governmental policy-oriented discussion groups. These relationships involve global, multinational businesses and banks. It's been going on for decades. Being monopoly capitalists and socialists, they know what's best for us.

bobbygnosis Says:

Nov 2, 2009 - Pair up this presentation with monetary policy and you get a very stark picture. To be sure I really like Warren's motivations and I like her style; that said, I think if she were to get into monetary policy I think she'd have a lot to say and I would love hear those things (she having, for all appearances, considerably more knowledge than me). Cheers to peace, love and understanding.

bobbygnosis Says:

Nov 2, 2009 - C.F.R., Trilateral and globalists? You, sir, have done some research. I commend you, that you have learned and understood something. I wish you well in learning more. I hope that you will not be too dissuaded by nay-sayers. Your path, as I know so well, is not the easiest path and I'm glad that people like you exist. Keep on keeping on. Though it sounds strange to say, I offer you whatever ridiculous pats on the back you'll allow. Cheers to peace, love and understanding.

barrywilliamsmb Says:

Nov 4, 2009 - Excellent video! Answered a lot of questions I had. No wonder I'm struggling... Dang parents! Thanks Elizabeth and SaYesToReason.

3oMethylmorphine Says:

Nov 5, 2009 - Fantastic Video. The same thing has happened in the UK. The average mortgage during the recent housing boom was 6x salary, if not more. This was due to Self-Certified mortgages - "LIAR LOANS" - where people would LIE about their incomes in order to afford a house.

3oMethylmorphine Says:

Nov 5, 2009 - The British economy, at least, is in deep turd. Note the latest figures showing Britain has not left recession. The average "middle class" family lived on credit - buying items on credit cards and on loaned funds. Now that credit has imploded, nobody is buying any goods. People are working just to pay off the mortgage, bills, and taxes. Skilled jobs are being lost, and new jobs are minimum wage, unskilled jobs - in retail etc. Until salaries rise, Britain will not exit recession.

longkri Says:

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muzzatube Says:

Nov 6, 2009 - telephone bills!!

Trailbzr Says:

Nov 7, 2009 - The "Three H's" are bankrupting us--housing, health care and higher education. (Warren doesn't mention the latter because the expense is incurred before family formation, but the costs continue.) What they have in common is a free market on the demand side but not the supply side. Housing is limited by local politics. Health care and education are limited by self-credentialing by the parties that benefit. Its as if Ford, GM and Chrysler could vote to keep anyone else from selling cars.

CitizenViews Says:

Nov 7, 2009 - Kingdoms are founded on a single principle. Labor. That resource has historically been either forced upon weaker societies or bought with steak and potatoes.

lobster6277 Says:

Nov 9, 2009 - boy she's smart. she's also cute - or am i wrong abot that? tell me your thouughts if u agree in re whether she's cute or not. what accent is that - virginia, georgia, anybody know? it sure would be nice if she got put on the supreme court wouldnt it.

spacehabitats Says:

Nov 10, 2009 - Every American should watch and understand this video. It is a HUGE indictment of our federal government's economic and social policies. It should also lead the American voter to discard the political "leadership" (Republican AND Democrat) that brought us to this point.

xxxresistance Says:

Nov 10, 2009 - Exactly. The two party system is a dog and pony show. They are all criminals!

vt4ps3 Says:

Nov 10, 2009 - Ron Paul 2012!!!!!!!!!!! End the Fed, End the War on Drugs, end our overseas empire, end the Federal Income Tax!!!!!!!!!!!

explorer2101 Says:

Nov 11, 2009 - "If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them, will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered." - Thomas Jefferson

HalEBurton Says:

Nov 11, 2009 - Amen Bro/Sis!

congcicongqian Says:

Nov 14, 2009 - fuck u american

DrCruel Says:

Nov 14, 2009 - Guess Ayn Rand was right all along. Ya well.

JerryGing Says:

Nov 18, 2009 - Its terrible out there. My pay is, in constant dollar terms, about where it was 20 years ago right out of college. And...its dropping next year.

NtlgntNrg Says:

Nov 20, 2009 - Gold is $1150 right now still going up. Let's see...

willcobbett Says:

Nov 21, 2009 - Jaw drops when the figures are presented. It's just the same here in the UK.