|
|
(more...)
, (less...)
Add to My Group(s)
Permalink
View Article Stats
Add to My Group(s)
1
1
1
View Ratings |
Rate It
View Article Stats
There's Income --- Then There's Income Inequality: A New Standard for Banana Republics in the Making
By Harold Hellickson (about the author)
Become a Fan (7 fans) -- Page 5 of 5 page(s)
.. with the prospects for the newly elected opposition party in Japan to do the same,
.. with oil producing-exporting nations beginning to sell in currencies other than the dollar,
the FED will need to do more to finance U.S. budget deficits and growth in national debt.
That will further stress the dollar to the point of financial meltdown. The future date of hyperinflation and collapse of the dollar as the world's reserve currency is unclear, but certain.
Hurricane Katrina serves as the best example of the U.S. governments concern for the safety and welfare of it's citizens. Yet, that example may only be foreplay for what is to come.
Henry Kissinger allegedly coined the term "useless eaters" which seems an apt descriptor by local, state, and federal government for those left behind in the Katrina disaster. With current economic and social trends and national leadership suffering from a spinelectomy, the vast majority of all Americans will be left behind..
The only factor that will keep the U.S. from becoming a true "Banana Republic" is the slow pace of global warming.
Bananas may not grow in the U.S. for another generation or so. But, "so what", they say, "we, the Plantation Owners and Overseers, will continue the good life".
Sources:
1) CIA World Fact book - 2008 List(s)
2) The Map Scroll - Is the U.S. Becoming a Third World Country?
3) U.S. Census Bureau - Income of Households by State
4) CIA data - List of countries by income equality - Wikipedia
5) UN data - List of countries by Human Development Index - Wikipedia
6) U.S. Census Bureau - US Income Gini Indices Over Time, - Wikipedia
7) The Washington Post - 9/3/09 - Steven Pearlstein - So You Just Squandered Billions
Become a Fan (7 fans) -- Page 5 of 5 page(s)
.. with oil producing-exporting nations beginning to sell in currencies other than the dollar,
the FED will need to do more to finance U.S. budget deficits and growth in national debt.
That will further stress the dollar to the point of financial meltdown. The future date of hyperinflation and collapse of the dollar as the world's reserve currency is unclear, but certain.
Hurricane Katrina serves as the best example of the U.S. governments concern for the safety and welfare of it's citizens. Yet, that example may only be foreplay for what is to come.
Henry Kissinger allegedly coined the term "useless eaters" which seems an apt descriptor by local, state, and federal government for those left behind in the Katrina disaster. With current economic and social trends and national leadership suffering from a spinelectomy, the vast majority of all Americans will be left behind..
The only factor that will keep the U.S. from becoming a true "Banana Republic" is the slow pace of global warming.
Bananas may not grow in the U.S. for another generation or so. But, "so what", they say, "we, the Plantation Owners and Overseers, will continue the good life".
Sources:
1) CIA World Fact book - 2008 List(s)
2) The Map Scroll - Is the U.S. Becoming a Third World Country?
3) U.S. Census Bureau - Income of Households by State
4) CIA data - List of countries by income equality - Wikipedia
5) UN data - List of countries by Human Development Index - Wikipedia
6) U.S. Census Bureau - US Income Gini Indices Over Time, - Wikipedia
7) The Washington Post - 9/3/09 - Steven Pearlstein - So You Just Squandered Billions
A retired MBA, I am a former corporate ideologue, former 3rd party advocate and current curmudgeon. While a continued supporter of a 3rd party, I have concluded their efficacy cannot be demonstrated until our form of Government is changed to (more...)
The views expressed in this article are the sole responsibility of the author
and do not necessarily reflect those of this website or its editors.
 Contact Author |
Contact Editor |
 View Authors' Articles |
Comments
The time limit for entering new comments on this article has expired.
This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.
| No comments |