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Middle Class America; Down and Nearly Out:

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Message Mike Folkerth

Is this Michael Dells fault? Hardly. Once your competition goes to China, you have two choices, go to China or go broke. U.S. workers cannot compete with Chinese workers earning as little as $.50 per hour. The only way that would be possible would be to lower our living standards to that of the Chinese; which is pretty much the plan.

So when did I come up with the idea that Middle America would be forced down and then out? Around 1980 it became crystal clear to me what was being done to our Middle Class. I made the comment many times that, "foreign standards can't possibly rise to our level, so that leaves us going down to theirs." That comment fell on deaf ears in 1980, but those folks hear me today.

America is in a mess, at least Middle America. Our leaders are either the best liars in the Universe, or truly barn broom dumb. In either case, we lose or we chose totally new leadership.

Why did Ron Paul seem to stick out like a sore thumb? Because he was different and had old ideas to solve new problems. Because he pointed out problems that besiege nations who refuse to follow their rule book. Because, unlike the others, reality and our Constitution are a part of his everyday life.

If I had one wish, it would be for everyone to see our economic future as clearly as I do. Talk to an unemployed Middle Class American who has just lost their job and now faces losing their home. Talk to a Middle Class American who lost their entire retirement to the likes of Bear Stearns or Enron. Ask them what they see, they now have 20-20 vision.

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Mike Folkerth is the author of "The Biggest Lie Ever Believed" and is not your run-of-the-mill author of finance and economics. The former real estate broker, developer, private real estate fund manager, auctioneer, Alaskan bush pilot, (more...)
 
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