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Why You're a Lot Poorer Than You Thought You Were

By       Message Mike Whitney       (Page 3 of 3 pages) Become a premium member to see this article and all articles as one long page.     Permalink

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"Despite the disastrous impact of the cuts, it has been largely ignored both by the major media and in the US elections. Moreover, the Obama administration has already let it be known that it will not seek a renewal of extended jobless benefits." ("Extended jobless benefits end for 500,000 US workers," World Socialist web Site)

Can you see how nicely this segues with Michelle's anti-obesity campaign? The administration plans to increase worker "flexibility" by putting millions of jobless people on a crash diet.

And, don't kid yourself, unemployment is just one of the many programs that Obama plans to eviscerate following the vote-count. He's also going to zero-in on Social Security, Medicare and Medicaid. They're all on the chopping block, every last one of them. That's what the so-called Fiscal Cliff is all about; it's a public relations hoax to conceal Obama's plan to dismantle the vital programs that provide medicine, shelter and a meager retirement for the sick, the needy and the elderly, you know, the folks the Republicans refer to as "useless eaters."

All of these reports (Sentier, Pew, the Fed's Survey of Consumer Finances) underline the same point, that the middle class is embroiled in a war-to-the-death with carpet-bagging vermin who plan to deprive them of work, strip their assets, foreclose their homes, and leave them penniless to face old age. It's just good old class warfare -- and as Warren Buffett opined -- his class is winning.

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Mike is a freelance writer living in Washington state.

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