Who’s afraid of the middle class? As housing values reach new lows the stock market is up 100 percent from the 2009 trough. Too bad over 30 percent of Americans have $0 in savings.

MyBudget360.com
June 29, 2011

The methodical shrinking of the American middle class is difficult to witness.  What is even more troubling is this outcome was set in motion over a decade ago and little attention has been shed on what used to be a cornerstone of America’s success.  Systematic robbery is now part of the financial fabric of our country.  The fact that trillions of dollars in bailout money have flowed into the banking system yet little net effect has been reflected for the middle class is a testament to this deep capture.  If you would only watch the mainstream press you would think everything is okay.  Then again, we are talking about the megaphone of the financial system that failed to alert the country to the biggest credit bubble in our history. Why would they call any attention to a system they developed and exploited and ultimately exited with a taxpayer golden parachute?  The really unsettling aspect of this financial crisis is that the trajectory is only accelerating in terms of stripping the middle class bare.

The control of wealth
financial-wealth-united-states

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