News that doesn't receive the necessary attention.

Saturday, November 12, 2016

America's Ruling Elite has become an incestuous, self-serving few unapologetically plundering the many. Their right to rule without question is based on their moral and intellectual superiority to 'the little people' they loot with abandon. To these rural folks, being cast as racist, misogynist, or uneducated buffoons for being angry about their plight just adds fuel to the fire-Martenson

11/11/16, "Get Ready...Change Is Upon Us," Chris Martenson, peakprosperity.com 

"The 'economic peace' we've enjoyed for decades is over." 

"Obvious misguided economic policies are destined to have a limited period of apparent (but false) prosperity, after which they end with a nasty Bang! 

We have entered just such a time. This isn't a Trump vs. Clinton thing; I'd make this claim regardless of who won this week's presidential election -- as our plight is much bigger than a single Administration. And my observation is that neither political party had much interest beyond some temporary election year lip-service to the economic plight of the middle class.

And by “middle class” I mean anybody not in the top 5% economic bracket. For those doing the math at home, that leaves the remaining 95% of us stuck in the meat grinder....

For those desperately seeking answers to Trump's surprise win, this article ("How half of America lost its f***ing mind," Daniel Wong, Cracked.com "3. "The Rural Areas Have Been Beaten To Shit"), of which I have reproduced only a small part, provides essential context. It's explanation has done wonders for everyone I have shared it with who was struggling:...

The essential context is simply that rural residents are drowning under chronic economic blight. And when they dare to complain about it, they're castigated and humiliated by the dominant city culture that has no awareness of or sympathy for their troubles.

We've NAFTA'd away millions of manufacturing jobs (and those that served manufacturing communities) without providing the displaced labor a path to reskill and apply itself. 

Instead, we've left a patchwork of bomb crater communities across the heartland, where there are no employers and no prospects. To these rural folks, being cast as racist, misogynist, ignorant, or uneducated buffoons for being angry about their plight just adds kerosene to the fire that's been smoldering within them.

A fire which just conflagrated during this week's election.

So to reiterate: the cultural divide that's really in play here is not between the 'enlightened/progressive' people and their supposed opposites. Rather, it's Urban vs Rural
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And as the rural dwellers have increasingly felt marginalized, demonized and otherwise unfairly treated, they are now angry enough at the perceived injustice to lash out against the status quo and roll the dice with an outsider who promises to shake things up. It's not surprising, really....

Adding to this understanding is today's article by our good friend Charles Hughes Smith, who validates the rage the downtrodden are feeling these days:

"The Source of our Rage: The Ruling Elite Is Protected from the Consequences of its Dominance"

"There are many sources of rage: injustice, the destruction of truth, powerlessness.

But if we had to identify the one key source of non-elite rage that cuts across all age, ethnicity, gender and regional boundaries, it is this: The Ruling Elite is protected from the destructive consequences of its predatory dominance.

We see this reality across the entire political, social and economic landscape. If I had to pick one chart that illustrates the widening divide between the Ruling Elite and the non-elites, it is this chart of wages as a share of the nation's output (GDP): 46 years of relentless decline, interrupted by gushing fountains of credit and asset bubbles that enriched the few while leaving the economic landscape of the many in ruins....


America's Ruling Elite has transmogrified into an incestuous self-serving few unapologetically plundering the many. In their hubris-soaked arrogance, their right to rule is unquestioningly based on their moral and intellectual superiority to "the little people" they loot with abandon.

Rather than feel a responsibility to the nation, America's Elite views the status quo as a free pass to self-aggrandizement. Much has changed in America in the past 46 years. Not only have wages and salaries declined as a share of "economic growth," but the wealth that has been generated has flowed to the top of the wealth/power pyramid....

Social mobility has also declined drastically....

The share of the national wealth has been steadily, if not increasingly, siphoned away from the 95% and towards the 5%.  In reality, it's almost entirely gone towards the 0.1%.

The economic “peace” we’ve seemingly enjoyed over the past number of decades turned out to be no peace at all. It was the same sort of peace that existed between the Treaty of Versailles and the outbreak of WWII -- a crippling arrangement that overwhelmingly favored one side over the other....

Similarly, by failing to protect anyone but their cloistered and wealthy friends, the elites of both current US political parties has laid the fuel for the fire that now burns....

So this battle is just getting started and will far outlive Trump and everybody reading this. Decades of ill-advised growth and financial squandering cannot be wished away -- we, and our children (and likely our grandchildren, too), will be cleaning up the messes of our profligacy for a long time....

The new era of status quo rejection is just getting underway."...






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I'm the daughter of an Eagle Scout (fan of the Brooklyn Dodgers and Mets) and a Beauty Queen.