The Middle Class Dies-While The Hoarding Oligarch Elite Plan Their Escape

Posted: January 26, 2015 in Uncategorized

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As The Middle Class Continues To Die, Global Oligarchs Plan Their Escape From The Impoverished Pleb Masses

Michael Krieger | Posted Monday Jan 26, 2015 [With notable Additions By R Andrew Ohge]

The middle class has shrunk consistently over the past half-century.

Until 2000, the reason was primarily because more Americans moved up the income ladder.

But since then, the reason has shifted: There is a greater share of households on the lower rungs of the economic ladder.

– From yesterday’s New York Times article: Middle Class Shrinks Further as More Fall Out Instead of Climbing Up

At a packed session in Davos, former hedge fund director Robert Johnson revealed that worried hedge fund managers were already planning their escapes.

“I know hedge fund managers all over the world who are buying airstrips and farms in places like New Zealand because they think they need a getaway,” he said.

– From the Guardian’s article: As Inequality Soars, the Nervous Super Rich are Already Planning Their Escapes

So the other day, President Barack Obama once again demonstrated his contempt for the American public by using his State of the Union address to pejoratively blurt out meaningless phrases such as “but tonight, we turn the page” and: “The verdict is clear. Middle-class economics works. Expanding opportunity works. And these policies will continue to work, as long as politics don’t get in the way.”

Sorry, but why are “we turning the page” tonight?

Weren’t you elected over six years ago?

Why didn’t you turn the page in 2009?

Meanwhile, I’m astounded by the phrase “middle-class economics works.”

Perhaps it does, but how would anyone know?

The only thing I’ve seen from your administration is a laser focused determination to consolidate all American wealth and power into the hands of a tiny group of oligarchs and their lapdogs.

Indeed, the following articles published in the last two days by the New York Times and the Guardian show the true results of Obama’s oligarch-coddling legacy.

The Obama years have been nothing short of an oligarch crime scene.

First, from the New York Times:

The middle class that President Obama identified in his State of the Union speech last week as the foundation of the American economy has been shrinking for almost half a century.

In the late 1960s, more than half of the households in the United States were squarely in the middle, earning, in today’s dollars, $35,000 to $100,000 a year.

Few people noticed or cared as the size of that group began to fall, because the shift was primarily caused by more Americans climbing the economic ladder into upper-income brackets.

But since 2000, the middle-class share of households has continued to narrow, the main reason being that more people have fallen to the bottom.

At the same time, fewer of those in this group fit the traditional image of a married couple with children at home, a gap increasingly filled by the elderly.

Remember, middle-class economics works.

If the goal is its total destruction.

These charts from the New York Times do not tell the tale of a thriving economy:

Even as the American middle class has shrunk, it has gone through a transformation.

The 53 million households that remain in the middle class — about 43 percent of all households — look considerably different from their middle-class predecessors of a previous generation, according to a New York Times analysis of census data.

In recent years, the fastest-growing component of the new middle class has been households headed by people 65 and older.

Today’s seniors have better retirement benefits than previous generations.

Also, older Americans are increasingly working past traditional retirement age.

More than eight million, or 19 percent, were in the labor force in 2013, nearly twice as many as in 2000.

According to a New York Times poll in December, 60 percent of people who call themselves middle class think that if they work hard they will get rich.

But the evidence suggests that goal is increasingly out of reach.

When middle class people look up, they see the rich getting richer while they spin their wheels.

One of the main reasons we have seen such a low level of resistance to this historic oligarch theft, is due to the successful brainwashing of the American public.

Despite clear evidence to the contrary, 60% of what is left of the middle-class still think they are going to get rich.

They have no idea that they are really just a bunch of deluded plebs unable to see how systematically and catestrophically they are being played.

Meanwhile, the Guardian describes how many global oligarchs are already planning their escape.

These people know full well they are being enriched criminally.

Their response is to take as much money as possible and flee before the pitchforks emerge (see: The Pitchforks are Coming…– A Dire Warning from a Member of the 0.01%).
With growing inequality and the civil unrest from Ferguson and the Occupy protests fresh in people’s mind, the world’s super rich are already preparing for the consequences.

At a packed session in Davos, former hedge fund director Robert Johnson revealed that worried hedge fund managers were already planning their escapes.

“I know hedge fund managers all over the world who are buying airstrips and farms in places like New Zealand because they think they need a getaway,” he said.

But as former New Zealand prime minister and now UN development head Helen Clark explained, rather than being a game changer, recent examples suggest the Ferguson movement may soon be forgotten.

“We saw Occupy flare up and then fade like many others like it,” Clark said.

“The problem movements like these have is stickability. The challenge is for them to build structures that are ongoing; to sustain these new voices.”

Clarke said: “Solutions are there.

What’s been lacking is political will.

Politicians do not respond to those who don’t have a voice In the end this is all about redistributing income and power.”

She added: “Seventy five percent of people in developing countries live in places that are less equal than they were in 1990.”

Welcome to the recovery suckers.

In Liberty,
Michael Krieger

Here’s Who REALLY Is Running Things:

THE PLUTOCRACY CARTEL

AN ENTRENCHED ELITE OF VAST WEALTH HAS SPREAD ITS TENTACLES OVER THE EARTH WIELDING EXTRAORDINARY POWER OVER WORLD AFFAIRS

A wealthy and powerful oligarchy of banks, corporations, and dynastic families and institutions, runs the world.

This elite group exercises control through interlocking boards of directors and stock ownership, acting through private clubs, societies and institutions, dominating national governments, both democratic and authoritarian.

Behind a facade of wealth and privilege, the octopus arms of the Plutocracy Cartel embrace every region of the globe, generating obscene profits from its activities, including weapons trafficking, funding wars and controlling the global trade in drugs.

And, as they accumulate more and more wealth and power, they undermine democracy, exploit the weak and vulnerable, ruin lives, and kill hope for millions.

The endgame of this plutocracy is global financial domination and world government.

This website seeks to expose this hegemonic global shadow government that dictates to presidents and prime ministers, directs economic and foreign policies, controls the value of money, oversees drug trafficking, and funds wars.

THE PLUTOCRACY CARTEL’S GLOBAL NETWORK

DYNASTIC FAMILIES AND INSTITUTIONS

EUROPEAN DYNASTIC FAMILIES

HOUSE OF WINDSOR (Great Britain)
NETHERLANDS
BELGIUM
LIECHTENSTEIN
LUXEMBOURG
SPAIN
DENMARK
NORWAY
SWEDEN
MONACO

INTERNATIONAL BANKING DYNASTIES

ROTHSCHILDS
ROCKEFELLERS
KUHN LOEB
WARBURG
LAZARD
LEHMAN
GOLDMAN SACHS
ISRAEL MOSES SEIF

INTERNATIONAL INVESTMENT BANKS

ROTHSCHILD BANK OF LONDON
ROTHSCHILD BANK OF BERLIN
WARBURG BANK OF HAMBURG
WARBURG BANK OF AMSTERDAM
LAZARD BROTHERS OF PARIS
ISRAEL MOSES SEIF BANK OF ITALY
KUHN LOEB BANK OF NEW YORK
GOLDMAN SACHS OF NEW YORK
J. P. MORGAN CHASE BANK OF NEW YORK
LEHMAN BROTHERS OF NEW YORK

THE CITY OF LONDON CORPORATION

THE “CROWN”, THE “CITY”, THE “SQUARE MILE”

THE VATICAN

THE VATICAN BANK

BANKS

CENTRAL BANKS

BANK OF INTERNATIONAL SETTLEMENTS
FEDERAL RESERVE
BANK OF ENGLAND
CENTRAL BANKS OF MOST NATIONS

GLOBAL BANKING CONGLOMERATES
THE 25 LARGEST BANKS

DEUTSCHE BANK
HSBC
BNP PARABIS
INDUSTRIAL AND COMMERCIAL BANK OF CHINA
MITUBISHI
CREDIT AGRICOLE
BARCLAYS GROUP
ROYAL BANK OF SCOTLAND
JPMORGAN CHASE
BANK OF AMERICA
CHINA CONSTRUCTION BANK
MIZUHO FINANCIAL GROUP
BANK OF CHINA
CITIGROUP
AGRICULTURAL BANK OF CHINA
ING GROUP
BANCO SANTANDER
SUMITOMO MITSUI FINANCIAL GROUP
SOCIETE GENERALE
UBS
LLOYDS BANKING GROUP
GROUP BCPE
WELLS FARGO
UNICREDIT
CREDIT SUISSE

CORPORATIONS & FINANCIAL INSTITUTIONS

TOP 50 TRANSNATIONAL CORPORATIONS AND BANKS WITH THE GREATEST GLOBAL IMPACT

1 – BARCLAYS PLC – GREAT BRITIAN
2 – CAPITAL GROUP COMPANIES INC. – UNITED STATES
3 – FMR CORP (Fidelity Management) – UNITED STATES
4 – AXA FR 6712 – SWITZERLAND
5 – STATE STREET CORPORATION – UNITED STATES
6 – JPMORGAN CHASE & CO. – UNITED STATES
7 – LEGAL & GENERAL GROUP PLC – GREAT BRITAIN
8 – VANGUARD GROUP, INC. – UNITED STATES
9 – UBS AG – SWITZERLAND
10 – MERRILL LYNCH & CO., INC. – UNITED STATES
11 – WELLINGTON MANAGEMENT CO. L.L.P. – UNITED STATES
12 – DEUTSCHE BANK AG – GERMANY
13 – FRANKLIN RESOURCES, INC. – UNITED STATES
14 – CREDIT SUISSE GROUP – SWITZERLAND
15 – WALTON ENTERPRISES LLC – UNITED STATES
16 – BANK OF NEW YORK MELLON CORP. – UNITED STATES
17 – NATIXIS – FRANCE
18 – GOLDMAN SACHS GROUP, INC. – UNITED STATES
19 – T. ROWE PRICE GROUP, INC. – UNITED STATES
20 – LEGG MASON, INC. – UNITED STATES
21 – MORGAN STANLEY – UNITED STATES
22 – MITSUBISHI UFJ FINANCIAL GROUP, INC. – JAPAN
23 – NORTHERN TRUST CORPORATION – UNITED STATES
24 – SOCIÉTÉ GÉNÉRALE – FRANCE
25 – BANK OF AMERICA CORPORATION – UNITED STATES
26 – LLOYDS TSB GROUP PLC – GREAT BRITAIN
27 – INVESCO PLC – GREAT BRITAIN
28 – ALLIANZ SE – GERMANY
29 – TIAA US 6601 – INDIA
30 – OLD MUTUAL PUBLIC LIMITED COMPANY – GREAT BRITAIN
31 – AVIVA PLC – GREAT BRITAIN
32 – SCHRODERS PLC – GREAT BRITIAN
33 – DODGE & COX – UNITED STATES
34 – LEHMAN BROTHERS HOLDINGS, INC. – UNITED STATES
35 – SUN LIFE FINANCIAL, INC. – CANADA
36 – STANDARD LIFE PLC – GREAT BRITAIN
37 – CNCE – FRANCE
38 – NOMURA HOLDINGS, INC. – JAPAN
39 – THE DEPOSITORY TRUST COMPANY – UNITED STATES
40 – MASSACHUSETTS MUTUAL LIFE INSUR. – UNITED STATES
41 – ING GROEP N.V. – NETHERLANDS
42 – BRANDES INVESTMENT PARTNERS, L.P. – UNITED STATES
43 – UNICREDITO ITALIANO SPA – ITALY
44 – DEPOSIT INSURANCE CORPORATION OF JP – JAPAN
45 – VERENIGING AEGON – NETHERLANDS
46 – BNP PARIBAS – FRANCE
47 – AFFILIATED MANAGERS GROUP, INC. – UNITED STATES
48 – RESONA HOLDINGS, INC. – JAPAN
49 – CAPITAL GROUP INTERNATIONAL, INC. – UNITED STATES
50 – CHINA PETROCHEMICAL GROUP CO. – CHINA

MONEY LAUNDERING CORPORATIONS

HSBC
BANK OF AMERICA
JP MORGAN CHASE
CITIGROUP
WELLS FARGO
WESTERN UNION
AMERICAN EXPRESS

OIL CORPORATIONS

SHELL
CHEVRON
BRITISH PETROLEUM
EXXON

WEAPONS MANUFACTURERS

LOCKHEED MARTIN – USA
BAE SYSTEMS – BRITAIN
BOEING – USA
NORTHROP GRUMMAN – USA
GENERAL DYNAMICS – USA
RAYTHEON – USA

INSTITUTIONS, ORGANIZATIONS & JURISDICTIONS

SOCIETIES , CLUBS AND ORGANIZATIONS

UNITED NATIONS
WORLD TRADE ORGANIZATION (WTO)
WORLD BANK
INTERNATIONAL MONETARY FUND (IMF)
COUNCIL ON FOREIGN RELATIONS (CFR)
TRILATERAL COMMISSION (TC)
BILDERBERG GROUP
CHATHAM HOUSE / ROYAL INSTITUTE OF INTERNATIONAL AFFAIRS (RIIA)
COMMITTEE OF 300
CLUB OF THE ISLES
PILGRIMS SOCIETY
CLUB OF ROME

THINK TANKS

CENTER FOR STRATEGIC AND INTERNATIONAL STUDIES (CSIS)
BUSINESS ROUND TABLE
EUROPEAN ROUND TABLE OF INDUSTRIALISTS (ERT)
INTERNATIONAL CHAMBER OF COMMERCE (ICC)
WORLD ECONOMIC FORUM
WORLD BUSINESS COUNCIL FOR SUSTAINABLE DEVELOPMENT (WBCSD)
BROOKINGS INSTITUTE
RAND CORPORATION
HERITAGE FOUNDATION
AMERICAN ENTERPRISE INSTITUTE

TAX-EXEMPT FOUNDATIONS

ROCKEFELLER FOUNDATION
FORD FOUNDATION
CARNEGIE ENDOWMENT
GATES FOUNDATION
SOROS OPEN SOCIETY FOUNDATION

TAX HAVENS, SECRECY JURISDICTIONS AND MONEY LAUNDERING CENTERS

HONG KONG

WALL STREET (NEW YORK)
STATE OF DELAWARE

CITY OF LONDON

LUXEMBOURG
MONACO
SWITZERLAND
ANDORRA
LIECHTENSTEIN
CYPRUS

UNDER BRITISH INFLUENCE
ISLE OF MAN
ISLAND OF GUERNSEY
ISLAND OF JERSEY
BAHAMA ISLANDS
BRITISH VIRGIN ISLANDS
CAYMAN ISLANDS
BERMUDA ANGUILLA
ANTIGUA AND BARBUDA
BARBADOS
DOMINICA
GRENADA
ST. KITTS AND NEVIS
ST. LUCIA
ST. VINCENT AND THE GRENADINES
SAINT KITTS AND NEVIS
SAINT VINCENT AND THE GRENADINES
SAINT LUCIA
TURKS AND CAICOS ISLANDS

UNDER NETHERLANDS INFLUENCE
ARUBA
BONAIRE
CURAÇAO

PANAMA

BAHRAIN
DUBAI

THE PLUTOCRACY CARTEL OWNS OUTRIGHT OR CONTROLS

CENTRAL BANKS
LARGEST PRIVATE BANKS
CORPORATE MEDIA (AND MUCH OF THE ALTERNATIVE AND PROGRESSIVE MEDIA)
MOST INLFUENTIAL TAX-EXEMPT FOUNDATIONS
MOST INFLUENTIAL THINK TANKS
MAJOR UNIVERSITIES AND OTHER EDUCATONAL INSTITUTIONS
LARGEST ENVIRONMENTAL ORGANIZATIONS
POLITICIANS AND POLITICAL PARTIES
NATIONAL ECONOMIES
NATIONAL CURRENCIES
MAJOR STOCK MARKETS
LARGEST TRANSNATIONAL CORPORATIONS
LARGEST INSURANCE CORPORATIONS
LARGEST PHARMACEUTICAL CORPORATIONS
LARGEST ENERGY CORPORATIONS
MAJOR ENERGY RESOURCES INCLUDING OIL AND GAS
GOLD, DIAMOND AND ESSENTIAL MINERAL MINING AND DISTRIBUTION CARTELS
AGRICULTURAL LAND
WATER AND WATER SYSTEMS
LARGEST WEAPONS MANUFACTURERS
DRUG-MONEY LAUNDERING NETWORKS
INTERNATIONAL DRUG TRAFFICKING NETWORKS
MAJOR ENVIRONMENTALORGANIZATIONS

THE PLUTOCRACY CARTEL

“The powers of financial capitalism had a far-reaching aim – nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole.

This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences.

The apex of the system was to be the Bank for International Settlements [BIS] in Basel, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations …

Each central bank sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.”

-Carroll Quigley in his book “Tragedy and Hope”

“There is a special breed of international financiers whose success typically is built upon certain character traits.

Those include cold objectivity, immunity to patriotism, and indifference to the human condition.

That profile is the basis for proposing a theoretical strategy, called the Rothschild Formula, which motivates such men to propel governments into war for the profits they yield… As long as the mechanism of central banking exists, it will be to such men an irresistible temptation to convert debt into perpetual war and war into perpetual debt.”

-G. Edward Griffin in his book “The Creature from Jekyll Island”

“States, most especially the large hegemonic ones, such as the United States and Great Britain, are controlled by the international central banking system, working through secret agreements at the Bank for International Settlements (BIS), and operating through national central banks (such as the Bank of England and the Federal Reserve).

The state is thus owned by an international banking cartel, and though the state acts in such a way that proves its continual relevance in the global economy, it acts so not in terms of self-interest for the state itself, but for the powerful interests that control that state.

The same international banking cartel that controls the United States today previously controlled Great Britain and held it up as the international hegemon.

When the British order faded, and was replaced by the United States, the US ran the global economy.

However, the same interests are served.

States will be used and discarded at will by the international banking cartel; they are simply tools.”

-Andrew Gavin Marshall in his book “Global Power and Global Government”

“There is an established and well-defined identity and community of interest between a few leaders of finance, created and held together through stock ownership, interlocking directorates, partnership and joint account transactions, and other forms of domination over banks, trust companies, railroads, and public-service and industrial corporations, which has resulted in great and rapidly growing concentration of the control of money and credit in the hands of these few men.”

-Pujo Committee – House Committee on Banking and Currency, 1912

“During the past two centuries when the peoples of the world were gradually winning their political freedom from the dynastic monarchies, the major banking families of Europe and America were actually reversing the trend by setting up new dynasties of political control through the formation of international financial combines.

These banking dynasties had learned that all governments must have sources of revenue from which to borrow in times of emergency.

They had also learned that by providing such funds from their own private resources, they could make both kings and democratic leaders tremendously subservient to their will.”

-Carroll Quigley in his book “Tragedy and Hope”

“This world is not run by The Presidents or The Prime Ministers, it is run by the global corporations and the banks.

For it is these entities that control the money supply and it is these entities that decide which country lives or falls.”

-The Daily Bell, 2012

“We are ruled, though it may be difficult to imagine, by a small dynastic power structure, largely consisting of powerful banking families, such as the Rothschilds, Rockefellers, and others.

They emerged in controlling the financial system, extended their influence over the political system, the educational system, and, through the major foundations, have become the dominant social powers of our world, creating think tanks and other institutions which shape and change the course of society and modern human history.”

-Andrew Gavin Marshall

“People, governments and economies of all nations must serve the needs of multinational banks and corporations.”

-Zbigniew Brzezinski

“The control of the US, and of global politics, by the wealthiest families of the planet is exercised in a powerful, profound and clandestine manner.

This control began in Europe and has a continuity that can be traced back to the time when the bankers discovered it was more profitable to give loans to governments than to needy individuals.

These banking families and their subservient beneficiaries have come to own most major businesses over the two centuries during which they have secretly and increasingly organised themselves as controllers of governments worldwide and as arbiters of war and peace.”

-Mujahid Kamran

“The structure of financial controls created by the tycoons of ‘Big Banking’ and ‘Big Business’ was of extraordinary complexity, one business fief being built on another, both being allied with semi-independent associates, the whole rearing upward into two pinnacles of economic and political power, of which one, centered in New York, was headed by J. P. Morgan and Company and the other, in Ohio, was headed by the Rockefeller family.

When the two cooperated, as they generally did, they could influence the economic life of the country to a large degree and could almost control its political life, at least at the Federal level.

They caused the “panic of 1907″ and the collapse of two railroads, one in 1914 and the other in 1929.”

-Carroll Quigley in his book “Tragedy and Hope”

“America is run by 300 families and England is run by 100 families and these families are intertwined through marriage, companies, banks, not to mention ties to the Black Nobility, Freemasonry, the Order of St. John of Jerusalem and so on.

These are the people who, through their surrogates, find ways to protect huge shipments of heroin from Hong Kong, Turkey, Iran and Pakistan and ensure they reach the market places in the U.S. and Western Europe with the minimum cost of doing business.”

-John Coleman in his book “Conspirators’ Hierarchy: The Story of the Committee of 300”

“The global banking cartel, centered at the IMF, World Bank and Federal Reserve, have paid off politicians and dictators the world over [Including Washington].

In country after country, they have looted national economies at the expense of local populations, consolidating wealth in unprecedented fashion – the top economic one-tenth of one percent is currently holding over $40 trillion in investible wealth, not counting an equally significant amount of wealth hidden in offshore accounts.”

-David DeGraw, 2011

“Powerful private families decide who controls the Federal Reserve, the Bank of England, the Bank of Japan and even the European Central Bank.

Money is in their hands to destroy or create.

Their aim is the ultimate control over future life on this planet, a supremacy earlier dictators and despots only ever dreamt of.”

-F. William Engdahl in his book “Seeds of Destuction”

“Major world powers such as China, Russia, India, and Brazil tend to shy away from standing up more robustly to the bullying policies of the United States.

Wealthy oligarchic circles in these countries have more in common with their elite counterparts in the U.S. and other core capitalist countries than their fellow countrymen at home. A de facto alliance exists between members of this global “nation” of the super-rich.”

-Ismael Hossein-Zadeh

“The bulwark of the British financial oligarchy lies in its ageless and self-perpetuating nature, its long-range planning and prescience, its facility to outwait and break the patience of its opponents.

The transient and temporal statesmen of Europe and particularly of Britain itself, who have attempted to curb this monstrosity have all been defeated by their limited tenure of confidence.

Obligated to show action and results in a too short span of years, they have been outwitted and outwaited, deluged with irritants and difficulties; eventually obliged to temporize and retreat.

There are few who have opposed them in Britain and America, without coming to a disgraceful end, but many, who served them well, have also profited well.”

-E.C. Knuth in his book “The Empire of The City”, 1946

“The United States is owned and dominated today by a hierarchy of its sixty richest families, buttressed by no more than ninety families of lesser wealth.

These families are the living center of the modern industrial oligarchy which dominates the United States, functioning discreetly under a de jure democratic form of government behind which is a de facto government, absolutist and plutocratic in its lineaments.

It is the government of money in a dollar democracy.”

-Ferdinand Lundberg in his book “America’s 60 Families”, 1937

“The major objective of foreign policy is the acquisition of markets and economic power for a small group of giant multi-nationals under the virtual control of a few banking investment houses and controlling families.”

-Antony C. Sutton in his book “Wall Street and the Rise of Hitler”

“Our global banking system is a global cartel, a “super-entity” in which the world’s major banks all own each other and own the controlling shares in the world’s largest multinational corporations.

… This is the real “free market,” a highly profitable global banking cartel, functioning as a worldwide financial Mafia.”

-Andrew Gavin Marshall, 2012

“The big bankers of the world, who practice the terrorism of money, are more powerful than kings and field marshals, even more than the Pope of Rome himself.

They never dirty their hands.

They kill no one: they limit themselves to applauding the show.

Their officials, international technocrats, rule our countries: they are neither presidents nor ministers, they have not been elected, but they decide the level of salaries and public expenditure, investments and divestments, prices, taxes, interest rates, subsidies, when the sun rises and how frequently it rains.”

-Eduardo Galeano

“At issue is who shall rule the world: the emerging 1% as a financial oligarchy, or elected governments.

The two sets of aims are antithetical: rising living standards and national independence, or a renting economy, austerity and international dependency.”

-Economist Michael Hudson

You Get The Picture-NOW?

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