Why? You may think. Why would any government wipe off a whole group of middle class people of the nation? To make sure that the ultra rich and their companies have enough supply of workers who are in constant need of money and have no choice then to comply with whatever requirements these companies are asking for… for the sake of survival. You think this reason is full of crap?
Let me show you what Alan Greenspan said in one of his interviews. He explained that the wages of skilled labor in the United States is so high that the best way to for the economy is to suppress their wages in comparison to the labor with lesser skills. His exact words were…
We need to suppress the wage levels of the skilled. We need to suppress wages in comparison to the “lesser skilled .
He was interviewed in 2007 for his book that he had recently published, “The Age of Turbulence” by Book TV on C-Span2. In the interview Alan Greenspan claims that the answer to solving social inequality is to make everyone poor. Except, I strongly believe, for the few elites that are making all the money from other people’s work. Later he tries to suggest that all societies are some sort of sociopathic pecking order!
Economically, having no middle class is an advantage for the ultra rich who are the ones that really run the country. Politically, developing a pecking order will ensures slave type labor without the risk of them causing any problems or asking any question.
Here is the video. The last video that I found of this interview with Alan Greenspan was deleted by Youtube along with the account that posted it. So if you can not play this video, please let us know.
You may not even realize that the middle class of the United States are currently in a process of being wiped off by the government – or rather the shadow government. But it is happening all around you, right now. Here are the fatal strikes that the shadow government –through Washington and Wall street– is using to wipe off the middle class.
Strike #1 – Robbing the people off their wealth
In a post I wrote a few weeks ago, I explained how the people are being robbed off their wealth. Whatever money they are earning, the elites make sure that every dime of it does not go into building their own assets but to these: tax, debt, retirement fund and inflation.
If you are in debt, you will have experienced already how your monthly income is draining all your money and savings. But even if you have savings, it is currently one of the most risky way to build asset due to inflation that is already here. This is similar with your 401(k) account.
To read more about this, click on the links above. They will take you to different posts, covering each topic in detail.
Strike #2 – Destroying the people’s asset
A simple definition of asset is everything tangible or intangible that is capable of generating value or income. A business is an asset. Since the people are being robbed of their wealth through the four things above in Strike #1, many do not have any asset. Even their homes are mortgaged. What is even worse is that the key economic asset, education, has always been expensive and the future of America are almost unable to gain this asset without going into debt.
Strike #3 – Killing small businesses
With all the taxes that burden small business owners and also the new health care bill reform that impose new labor cost employers have to pay, it is hard to survive for entrepreneurs. One of the most debated tax is the carbon tax. A carbon tax is tax that businesses have to pay for emissions of carbon dioxide. If a business can not reduce its carbon emission down to the accepted level, the owners will have to pay thousands of dollars for every ton of excessive carbon emission every year.
A more affordable alternative to avoid paying carbon tax would be for owners to buy carbon offset to compensate for the carbon emission that they can not reduce. However, the demand for carbon offset has increased while carbon offset projects in third world countries such as India, China and Indonesia do not have enough supply, thus businesses will be forced to pay the high taxes. In the end, businesses will be killed by excessive taxes which they can never pay.
Strike #4 – Killing productivity
When the great depression in the 1930′s happened, the US was able to get out of it because there were plenty of jobs as manufacturing and production was still done on American soil. Now that they have all been given to India and China, getting out of this recession is not going to be easy at all. For many years, people have been told that productivity such as in the 1930′s is bad but below is a chart that actually shows you that economy with less productivity results in less employment rate. With productivity gone, not only the middle class people are reduced but also the poor.

Strike #5 – Keeping Americans financially illiterate
The education system in US school never teach the children anything about money. What they teach from one generation to the other is to go to a good school, get good grades, get a high-paying job, buy a house and invest in a retirement plan. The reason why they keep American’s only on this level like a pecking order, is to ensure a stable flow of workers who are in constant need of money and to make sure that in the end they retire broke. So even if there is a middle class, they want to make sure that they don’t last very long.
Strike #6 – Suppressing wages in comparison to the lesser skills
As Alan Greenspan talked about in the video above, the US pays the highest skilled labor in the world. He wrote a book in which he suggested that to eliminate inequality, it is necessary to suppress wages of the skilled labor in comparison to the lesser skills. So middle class people should be made poorer, is basically what he was suggesting.
By opening the borders to the US wider, more immigrants that can be paid less for the same skill of an American will get the jobs. Thus wiping off more American middle class.
Strike #7 – Turning the US into a 3rd world nation
Many times we have heard from different economic analysts, forecasters or trends researchers that America’s future does not look too bright any longer. The collapse of the American Empire was one that was predicted by many. Trends Researcher Gerald Celente forcasts food riot, tax revolt and even worse situations such as kidnapping as in third world countries. William Black warns that America may turn into Indonesia under Soeharto (1967 – 1998), if the government do not change their crony capitalism policy. The money printing by the Federal Reserve may end up in hyperinflation. As the dollar collapses, this will probably even be just as bad as in Zimbabwe.
The definition of a third world nation is when a nation has a “dwindling middle class, leaving only the rich and the poor on either side”. As the middle class of America is actively being attacked by its own government, it seems that the government seems is really going that way – turning the US into a third world nation.
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May 3rd, 2010
Elisheva Wiriaatmadja
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