Have the economic elite engineered a coup? To quote Sarah Palin, ‘you betcha’ and it is against the 99% of us who are not economically elite. Here are some startling statistics
America is the richest nation in history, yet we now have the highest poverty rate in the industrialized world with an unprecedented amount of Americans living in dire straights and over 50 million citizens already living in poverty.
The government has come up with clever ways to downplay all of these numbers, but we have over 50 million people who need to use food stamps to eat, and a stunning 50 percent of U.S. children will use food stamps to eat at some point in their childhoods. Approximately 20,000 people are added to this total every day. In 2009, one out of five U.S. households didn’t have enough money to buy food. In households with children, this number rose to 24 percent, as the hunger rate among U.S. citizens has now reached an all-time high.
Bankruptcies are up 32% in 2009 from 2008. Americans have lost $5 trillion in pension money and $13 trillion in home value. America now has 3,000,000 homeless with single parents with children being the largest part of that demographic. Taking in all factors and statistics we have 30,000,000 unemployed or underemployed and 5,000,000 people will lose unemployment benefits in June.
Americans can’t wait for the shining corporate knight to ride in and save ’em, the knight is only there to pick up the last spoils. If we don’t start creating our own reality, not the Wall Street reality that says we should transfer our wealth to the centralized banking system, or the health insurance industry or the investor owned utilities, we are doomed. Damn it, we are supposed to be tough, independent Yankees with drive and ambition and work ethic but we stand around like puppies with our tails between our legs waiting for ‘the boss man’ to throw us some crumbs and tell us how we are supposed to live.
Time for middle and working class America to take commerce into our own hands, because ‘the boss man, well he just don’t care.’