I used this graph in a recent post down stream in the series showing that the robber baron age ended by legalizing certain forms of financial robbery, and how foreclosures and job losses went up as the plunder factor went up.Legalization ended the robber baron age because the laws which made their actions robbery vanished, at which time the age of plunder began.
This age of plunder will be with us until the Crawford jail is enlarged and filled.
Paul Krugman writes a piece where he cites to a graph that shows a full stop of the transfer from the wealthy to the middle class, and shows that decline being replaced by a steep rise in the transfer of wealth back to the wealthy.
That reversal began at about the time the Bush II presidency manifested itself upon the world.
Isn't that a coincidence?
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| Bush II surge of 1% share of income |
The end of this age of the robber barons and the start of the age of the plunder begins at the time of the beginning of the wars, thus, the American people began to be plundered and their treasures began to transfer to the warsters and banksters when Bush II felt his infamous oats and became The Decider.
What astounds us who detect this in minutes or hours, by reading details in the documents available on the internet, is that so many people are surprised at this plunder and have no real clue about its reality.
This age of plunder is so very obvious and clear that even no high school student would fail to detect it, if they were interested.
I will add in closing that the MSM, like high school students, seems to have better things to do than detect the plunder of the American people by the plunder barons.
Isn't that a coincidence?
The next post in this series is here.
Indeed this is very puzzling... People still believe the talking heads. While the plunder barons amass inconceivable fortunes, financial disaster looms for the rest of us. These really are serious crimes that are being committed, indeed, crimes against humanity.
ReplyDeleteStop the Plunder 101
ReplyDeletehttp://www.zerohedge.com/print/365866
Hang on just a tick here.
ReplyDeleteThe graph above that you provided shows the turning point to be around about 1980. Well, you can't blame all of that on Bush II (although I agree the Bush regime did it's share). There's been both Democrats and Republicans in on this scam.
Now if you want to pull up a graph of US government debt as a ratio of GDP, you will note that it has a remarkably similar shape to your graph of elite incomes, and once again the main turning point sits around 1980.
Tel,
ReplyDeleteThe graph at the top shows a radical departure beginning circa 2000, in military spending, which, because of the military industrial complex structure of things, accelerates the ongoing development of the plutonomy.
That acceleration aside, the development of the plutonomy has been a long time coming as you point out in your comment about the lower graph.
The "Age of Plunder" is a long time, the decade of Bush II within that age is more of the same, only faster.
The other posts linked to upthread, as well as links in those other posts, depict the scenario as well.
Tel,
ReplyDeleteThere is a graph in the post "The Graphs of Wrath", which shows the acceleration of the disparity, and the timing of it.
That graph has the heading "Income Gains at the Top Dwarf Those of Low and Middle Income Households" ...
If you bother to read the above post, which you comment on, note that the graph you mentioned, the lower graph, was used to show that the disparity took a steep dive following the budget surplus at the end of Clinton's presidency:
"Paul Krugman writes a piece where he cites to a graph that shows a full stop of the transfer from the wealthy to the middle class, and shows that decline being replaced by a steep rise in the transfer of wealth back to the wealthy.
That reversal began at about the time the Bush II presidency manifested itself upon the world.
Isn't that a coincidence?
Then the breaking of the previous record in the disparity of income sharing occurred early in the Iraq war, and not long after the infamous "mission accomplished" propaganda became fully propagated or distributed by the MSM" (Dredd)
That disparity dive (a return to fairness) ended when the Bush II wars showed up, following a controversial appointment of him to the office by The Five Supremes on the Supreme Court in place of a full count of votes.
That dive was reversed forthwith in the wake of 9/11, back to the direction it had been going, getting very steep in 2002-2003 with the advent of the mid-east wars (US invasions).
Link: Graphs of Wrath
Americans have sold their souls and stopped turning to the true God who blessed this nation. The plunder is a result of a nation who has turned its back on God and He is giving its riches to its enemiies. Repent and turn your heart to the living God in Christ so on the day of salvation you will be saved. There are believers here in this country who are praying for this nation and God hears their cry. But the seeds of judgement are in the land and we court immorality, and reach our children to violate their God given conscience and adopt and embrace the perversions all around us. Fall to your needs and turn to Christ, your redeemer.
ReplyDeleteAnonymous,
ReplyDeleteYou said "Fall to your needs and turn to Christ, your redeemer."
That is what the nation is doing, falling to its "needs", which are war and oil.
Churchianity is filled with warmongers and oil lovers.
Go figure some more then write a letter to The High Priest In Chief.
Then tell your fundy friends to stop by for a visit.
Peace.