<div dir="ltr"><br><br><div class="gmail_quote">---------- Forwarded message ----------<br>From: <b class="gmail_sendername">John La Grou</b> <span dir="ltr"><<a href="mailto:jl@jps.net">jl@jps.net</a>></span><br>Date: Sun, Aug 24, 2014 at 11:25 AM<br>
Subject: David DeGraw<br>To: John La Grou <<a href="mailto:jl@jps.net">jl@jps.net</a>><br><br><br>
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Exceptionally well-written and well-researched analysis of
socioeconomic imbalance 1980-2014 (identical in many respects to
1920-1929). Factoring in offshore wealth, today's imbalance may be
even worse than 1929. <br>
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<a href="http://daviddegraw.org/peak-inequality-the-01-and-the-impoverishment-of-society/" target="_blank">http://daviddegraw.org/peak-inequality-the-01-and-the-impoverishment-of-society/</a><br>
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"For more historical context and to further demonstrate how corrupt
the government and economic system have become; if household income
had kept pace with the overall economy since 1970, the current
annual median would be $95k, almost double what it presently is. On
top of that, it was normal to have only one wage-earner per
household in 1970, as compared to two now ...... US citizens have
now taken on $12 trillion in personal debt. On average, that’s $50k
of debt for every US citizen over the age of 17. Again, it cannot
be stated enough, in the current economy under present government
policy, it is <i>impossible</i> for this debt to be paid off while
maintaining the cost of basic necessities. Therefore, overall debt
will continue to skyrocket. Even if interest rates on these debts
dropped to 0%, as the Federal Reserve has done for a select few of
their friends on Wall Street, there is no way for people to earn
enough income to keep up with cost of living, let alone pay back
their debts. On top of that, the already usurious interest rates on
these debts are increasing. In fact, the spark that set off the
global financial crisis in the first place is <a href="http://davidstockmanscontracorner.com/signs-of-the-top-subprime-credit-card-issuance-surges-finanical-stress-index-at-all-time-low/" rel="external nofollow" title="" target="_blank">heating up</a> once again ...... The
evidence presented in this report thus far makes a very solid <i>mathematical</i>
case for <i>significant systemic change</i>. However, to get a more
complete understanding of how corrupt the global economic system is,
we also need to factor in wealth that is hidden from public view.
Disregarding trillions of dollars in hidden wealth just because the
wealthy have the ability to <i>illegally</i> hide it is an absolute
injustice. It is completely ignoring a critical aspect of what is
now the <i>greatest theft of wealth in human history</i> ......We
now live in a neo-feudal society. The evidence is undeniable. The
indentured servant is now the indebted wage slave. A recent <a href="https://www.princeton.edu/%7Emgilens/Gilens%20homepage%20materials/Gilens%20and%20Page/Gilens%20and%20Page%202014-Testing%20Theories%203-7-14.pdf" rel="external nofollow" title="" target="_blank">scientific study</a> revealed that the
United States government is subservient to the whim of the .01%.
Political office is now merely a stepping-stone and initiation
process that politicians go through to be accepted into the
aristocracy.
The .01% aristocracy is exactly what the first American Revolution
was against. It was Thomas Jefferson’s understanding of the
aristocracy’s ability to consolidate wealth and subvert government
that led him to believe that <i>every generation required its own
revolution</i> ...... The need for <i>significant systemic change</i>
is now a <i>mathematical fact</i>. Corruption, greed and economic
inequality have reached a peak tipping point. As more people grow
aware of the deliberate systemic nature of their unnecessary
suffering, exploitation and oppression, there will soon be a
critical mass who will insist upon nothing less than absolute
revolution. The delusional political class and mainstream media
uphold the status quo as if it is insurmountable. In reality, it
is highly unstable, unsustainable and collapsing at an increasing
rate. "<br>
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John La Grou
<span class="HOEnZb"><font color="#888888"><a href="http://www.linkedin.com/in/lagrou" target="_blank">http://www.linkedin.com/in/lagrou</a>
<a href="http://lifeboat.com/ex/bios.john.la.grou" target="_blank">http://lifeboat.com/ex/bios.john.la.grou</a>
<a href="http://www.ted.com/speakers/john_la_grou.html" target="_blank">http://www.ted.com/speakers/john_la_grou.html</a>
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</div><br><br clear="all"><div><br></div>-- <br><div dir="ltr"><div>Check out the Commons Transition Plan here at: <a href="http://en.wiki.floksociety.org/w/Research_Plan" target="_blank">http://en.wiki.floksociety.org/w/Research_Plan</a> </div>
<div><br></div>P2P Foundation: <a href="http://p2pfoundation.net" target="_blank">http://p2pfoundation.net</a> - <a href="http://blog.p2pfoundation.net" target="_blank">http://blog.p2pfoundation.net</a> <br><br><a href="http://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation" target="_blank"></a>Updates: <a href="http://twitter.com/mbauwens" target="_blank">http://twitter.com/mbauwens</a>; <a href="http://www.facebook.com/mbauwens" target="_blank">http://www.facebook.com/mbauwens</a><br>
<br>#82 on the (En)Rich list: <a href="http://enrichlist.org/the-complete-list/" target="_blank">http://enrichlist.org/the-complete-list/</a> <br></div>
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