Saturday, March 21, 2015

History of the Catholic Jesuit Order

March 21, 2015

History of the Jesuit Order

The Vatican World Order

March 21, 2015

"And there followed another angel, saying,Babylon is fallen, is fallen, that great city, because she made all nations drink of the wine of the wrath of her fornication." -Revelation 14:8

‘Islamic State Hacking Division’ Posts Kill List With Purported Addresses of U.S. Military Members

The Blaze
March 21, 2015

Calling for their beheadings, a self-proclaimed arm of the Islamic State published a list of addresses purportedly belonging to approximately 100 members of the U.S. military late Friday night.
Identifying themselves as the “Islamic State Hacking Division,” the group claimed to have obtained the personal information of military personnel from compromised military servers, databases and emails.
Image source: Screen grab
Image source: Screen grab
“[W]e have decided to leak 100 addresses so that our brothers residing in America can deal with you,” the group warned.
“Kill them in their own lands, behead them in their own homes, stab them to death as they walk their streets thinking that they are safe,” the “Islamic State Hacking Division” added.

Battle Over Constitutional Convention Rages in Texas

The New American
March 21, 2015
Battle Over Constitutional Convention Rages in Texas
The controversial national effort to have states call for an Article V Convention, which critics say could put the existing Constitution at risk, is hard at work in Texas, where the battle over a possible constitutional convention has been raging in recent weeks. With multiple bills currently being considered in the Texas legislature that could put the state on record as calling for a con-con, conservative and constitutionalist activists have also been working hard to educate lawmakers on the dangers — as well as viable solutions to rein in the increasingly lawless federal government in a manner that would not jeopardize the Constitution.
The pro-con-con side, led by the group Convention of the States, in addition to furiously lobbying the legislature, has been demonizing opponents of the plan.
When not verbally disparaging opponents, many supporters of a con-con suggested that amending the Constitution was urgent, possibly the only remaining hope for reining in a federal government that has grown completely out of control and now threatens the nation itself. Critics, meanwhile, portrayed an Article V Convention as the potential final nail in the coffin for America’s existing constitutional system, arguing that a con-con may well undo the Constitution and the liberties it protects.  

US Gov/Central Bankers Hyping Propaganda To Invade Syria

Investment Watch
March 21, 2015

Greek Government Is Now Raiding Utilities To Make Their Payments. Greek Deposit Outflows Peak. Anti-austerity Protests Increasing Throughout Europe.

Greek government is now raiding utilities to make their payments. Greek deposit outflows peak. Anti-austerity protests increasing throughout Europe. European government implements laws to shutdown websites. Ukrainian government is not sticking to the Minsk II agreement, preparing for war. UK to begin training of Ukrainian forces. John Kerry says that Assad must step down. US hyping propaganda to invade Syria. Embassies in Djibouti and Saudi Arabia are still closed.

Northcom: Russian Cruise Missile Threat to U.S. Grows

Washington Free Beacon
March 21, 2015

Russia is developing a long-range cruise missile that poses a new threat to the United States, the commander of the U.S. Northern Command warned this week.
“Russia is progressing toward its goal of deploying long-range, conventionally-armed cruise missiles with ever increasing stand-off launch distances on its heavy bombers, submarines, and surface combatants, augmenting the Kremlin’s toolkit of flexible deterrent options short of the nuclear threshold,” Adm. William Gortney, Northcom chief who heads the U.S.-Canadian North American Aerospace Defense Command (NORAD) said Thursday.
“Should these trends continue, over time NORAD will face increased risk in our ability to defend North America against Russian cruise missile threats,” he said in prepared testimony to the House Armed Services subcommittee on strategic forces.
A defense official said the missile that concerns the Northcom commander is the Russian KH-101 cruise missile which Russia has developed as a weapon to attack critical infrastructure in the United States, such as the electrical grid.
The comments highlight what defense officials and military analysts say is the growing threat of long-range cruise missiles.
Cruise missiles pose unique threats because they can defeat defenses by flying at low altitudes, avoiding radars, and hiding behind terrain. Some newer cruise missiles have radar-evading stealth features making them even less visible to radar or infrared detectors.
The low-flying missiles also can overwhelm defenses by attacking with multiple missiles coming from different directions and defeating air defenses at their weakest points. They also can fly circuitous routes to reach targets, avoiding radar and air defenses.
Testimony by Gortney and other senior officials at the hearing raised concerns that growing missile capabilities could overwhelm U.S. defenses.

Friday, March 20, 2015

Another scorned U.S. ally turns to Russia

World Net Daily
March 20, 2015

Saudi Arabia has quietly reached out to arch foe Russia in an attempt to temper Iran’s regional influence and reach a compromise on Tehran’s nuclear program, Middle Eastern defense officials told WND
The Saudi move already has resulted in the opening of back-door dialogue between the two countries aimed at possibly forging a new alliance, the officials said.
The talks may showcase Saudi desperation in light of the Obama administration’s rapprochement toward Iran, perhaps the House of Saud’s biggest competitor for influence in the Middle East and Persian Gulf.
Already, the shifting U.S. regional alliances have seen Russia’s military relationship with long-time U.S. ally Egypt grow ever closer.

Read the entire article

Leaked Document Reveals Upcoming Biometric Experiments at US Customs

March 20, 2015

The ​facial recognition pilot program launched last week by US Customs and Border Protection, which civil liberties advocates say could lead to new potentially privacy-invading programs, is just the first of three biometric experiments that the feds are getting ready to launch.
The three experiments involve new controversial technologies like iris and face scanner kiosks, which CBP plans to deploy at the Mexican border, and facial recognition software, according to a leaked document obtained by Motherboard.
All three pilots are part of a broader Customs and Border Protection (CBP) program to modernize screenings at American entry and exit ports, including at the highly politicized Mexican border, with the aid of new biometric technologies. The program is known as Apex Air Entry and Exit Re-Eng​ineering (AEER) Project, according to the leaked slides.
These pilot programs have the goal of “identifying and implementing” biometric technologies that can be used at American borders to improve the immigration system as well as US national security, according to the slides.

"The public should take notice. These programs may be coming to a theater near you."

The facial recognition pilot is up and running at Washington Dulles International airport, as ​first reported as operational by Motherboard, while the other two programs appear to have not been deployed yet. Unlike the facial recognition one, the other two appear to only target foreigners.
The CBP did not respond to Motherboard’s questions regarding these programs. The slides were leaked to Motherboard by Arjun Sethi, the American Civil Liberties Union (ACLU) legislative counsel, who attended a presentation held on March 10 at the CBP headquarters.
The second pilot is called Biometric Exit (BE) Mobile Experiment and has the goal of helping CBP “confirm with certainty that a foreigner traveler has departed the United States.”
As part of this experiment, the slides say that the CBP officers at the Atlanta Hartsfield International airport will use a “handheld device” to record the exit of a foreign national from the US and create a match with the person’s entry records, in order to figure out whether a foreigner has stayed in the US more than he or she was allowed to.
It’s unclear what the device actually does, but according to another person who attended the presentation at the CBP, the device is probably a fingerprint reader.
The third pilot is called Pedestrian Biometric Experiment and it will be deployed at the Otay Mesa border between the United States and Mexico, according to the slides.
This experiment has the goal of testing “the viability of facial and iris image capture” in a land border such as the one in Otay Mesa, and create “an additional layer of security” at the US southern border to “combat national security and public safety threats.”
The CBP will install devices capable of scanning a traveler’s face and iris, replacing existing entry kiosks, the agency explains in the slides. Other gizmos to be deployed include RFID document readers, iris biometric scanners, and facial biometric cameras, according to a sketch of the border station included in the slides.
While both these two programs, as well as the facial recognition one, are just experiments at the moment, privacy advocates warn that there’s a risk of mission creep, and that technologies like those used for these experiments could soon be deployed more widely. Moreover, given the ever-increasing political pressure to secure the border with Mexico, the third program has good chances to be fully implemented.
"The public should take notice,” Sethi, of the ACLU, told Motherboard. “These programs may be coming to a theater near you."

Thursday, March 19, 2015

U.S. Military to Conduct "Realistic" Military Exercise In Midwest America

Mark Matheny
March 19, 2015

A recent unclassified document has revealed a massive military exercise to take place this coming July across the Midwest region of the United States. (Read the entire document here)

Under the US Army Special Operations Command, a joint military exercise involving:

  • US Army Special Forces Command (Green Berets)
  • US Navy Seals
  • US Air Force Special Operations Command
  • USMC Marine Special Operations Command
  • USMC Marine Expeditionary Units
  • 82nd Airborne Division 
And "Interagency Partners".

The Document, titles the exercise as "JADE HELM", and describes the operation as:

..a challenging eight-week joint military and interagency (IA) Unconventional warfare (UW) exercise conducted throughout Texas, New Mexico, Arizona, California, Nevada, Utah and Colorado..
The document claims the exercise is to:
..improve the Special Operations Forces' UW [unconventional warfare] capability as part of the National Security Strategy.. 
Further down in the document it continues to describe the purpose of the exercise:

To hone advanced skills, the military and Interagency  require large areas of  undeveloped land with low population densities with access to towns. The prepared areas offer the conditions conducive to quality training because of real obstacles to challenge Joint and IA personnel during planning and execution of their tasks. These challenges include:

  • Operating outside the normal support mechanisms
  • Adapting to unfamiliar terrain, social and economic conditions
  • Operating in and around communities where anything out the ordinary will be spotted and reported (locals are the first to notice something out of place)
  • The opportunity to work with civilians to gain their trust and an understanding of the issues

In the document it shows the States in which the exercise will be conducted

According to this document, the States in red, Utah and Texas, will be highly hostile zones. The brown zone, New Mexico, will be an uncertain zone leaning toward hostile, and the light blue,Arizona, will be a n uncertain zone leaning toward friendly. All dark blue zones will be friendly.

There will be 1,200 service personnel  who will participate in the exercise.

Although the document appears to desire to promote a good relationship between the Military and U.S. civilians, "multiple Army training manuals and studies in the past have specifically targeted such states due to concerns over the growing influence of right-leaning ideologies and groups, such as the “Tea Party.” according to Infowars News.

The report by Infowars goes on to say:
A leaked 2012 US Army Military Police training manual, entitled “Civil Disturbance Operations,” described how soldiers would be ordered to confiscate firearms and kill American “dissidents.” The manual also revealed that prisoners would be detained in temporary internment camps and “re-educated” to gain a new appreciation of “U.S. policies,” in accordance with U.S. Army FM 3-19.40 Internment/Resettlement Operations.Also in 2012, a Department of Homeland Security-funded study characterized Americans “suspicious of centralized federal authority,” and “reverent of individual liberty” as “extreme right-wing” terrorists.In the past, large scale domestic military exercises have also included foreign countries.During a training drill in April 2012, the United States hosted soldiers from Russia who trained in Fort Carson, Colorado, on how to target American terrorists.And just last year, US Special Forces and commandos trained with troops from 16 foreign nations, including Colombia, France and Germany, in Tampa, Fl., practicing how to coordinate aerial, ground and aquatic operations.
It could be nothing but a military exercise, but in the past, military exercises have often been cover for false flag operations such as the one that took place on September 11, 2001.


Zero Hedge
March 19, 2015

The global de-dollarization trend continues as it appears the UK’s move to join the China-led Asian Infrastructure Development Bank has indeed shown other US “allies” that spurning Washington’s advice is actually acceptable and concerns about the institution’s “standards” may simply be a diversion aimed at undermining China’s attempt to exercise more influence in its own backyard. Here’s more from the NY Times:
Ignoring direct pleas from the Obama administration, Europe’s biggest economies have declared their desire to become founding members of a new Chinese-led Asian investment bank that the United States views as a rival to the World Bank and other institutions set up at the height of American power after World War II.
The announcement on Tuesday by Germany, France and Italy that they would follow Britain and join the Chinese-led venture delivered a stinging rebuke to Washington from some of its closest allies. It also called into question whether the World Bank and the International Monetary Fund, which grew out of a multination conference in Bretton Woods, N.H., in 1944 and established an economic pecking order that lasted 70 years, will find their influence diminished.
The announcement by Germany, Europe’s largest economy, came only six days after Secretary of State John Kerry asked his German counterpart, Frank Walter-Steinmeier, to resist the Chinese overtures until the Chinese agreed to a number of conditions about transparency and governing of the new entity. But Germany came to the same conclusion that Britain did: China is such a large export and investment market for it that it cannot afford to stay on the sidelines.
 South Korea, another US ally that the Obama administration has not-so-subtly lobbied to stay out of the AIIB for the time being, is reportedly reconsidering a bid to join and although reports that Seoul had already committed to the venture appear to have been a bit premature, the country will make a decision this month and is expected to discuss specifics this weekend at a meeting with Chinese and Japanese officials. Here’s FT:
The foreign ministers of China, Japan and South Korea will meet in Seoul this weekend for the first time in three years, in an effort to calm tensions in the region.
The trio have strong economic ties but frosty relations. International angst about this state of affairs among the regional superpowers has been further piqued by the Asian Infrastructure Investment Bank, a Chinese-led initiative sparking alarm in Washington and proving divisive elsewhere.
Meanwhile, even Europe’s own “magical fairyland” is taking the plunge. Via Bloomberg:
China welcomes Luxembourg’s application to be a founding member of the Asian Infrastructure Investment Bank, China’s finance ministry says in a statement on website.
And so, with the most European of European countries on the bandwagon, and with South Korea leaning unmistakably towards joining up, we say again
Bottom line: this isn’t theory or conjecture anymore. Every shred of objective evidence suggests that the dollar’s dominance is coming to an end.

This is the end? Pope gives up cryptic hint

World Net Daily
March 19, 2015

Matheny's Note:"And the ten horns which thou sawest upon the beast, these shall hate the whore, and shall make her desolate and naked, and shall eather flesh, and burn her with fire." -Revelation 17:16...

An author who successfully predicted Pope Benedict XVI’s resignation now is suggesting Pope Francis may be a believer in an ancient prophecy that foretells disaster for the Roman Catholic Church.

The pope unleashed an international frenzy of speculation when he recently commented, “I have a feeling my pontificate will be brief. … It is a vague feeling I have that the Lord chose me for a short mission.”
Bestselling author Tom Horn, featured on the blockbuster movie, “The Last Pope?,” told WND in an exclusive interview that the statements imply the man once known as Jorge Mario Bergoglio sees himself as part of a prophecy.
Horn stated, “The comments by Pope Francis regarding possible assassination or retirement and that he may not be the pontiff much longer make me wonder if he is a believer in his role as the last pope (pope No. 112 in the ‘Prophecy of the Popes’), which speaks of the destruction of Rome.”
St. Malachy’s “Prophecy of the Popes” is said to be based on his prophetic vision of the next 112 popes, beginning with Pope Celestine II, who died in 1144.
Malachy presented a description of each pope, culminating with the “final pope,” “Peter the Roman,” whose reign would end with the destruction of Rome and judgment.
But other Catholic prophecies also speak of the final subversion of the Roman Catholic Church.
As Horn notes, “Even St. Francis of Assisi – the current pope’s namesake and one of the most venerated religious figures in history – gathered his devotees shortly before his death and prophesied, ‘At the time of this tribulation a man, not canonically elected, will be raised to the pontificate, who, by his cunning, will endeavor to draw many into error and death. … Some preachers will keep silence about the truth, and others will trample it under foot and deny it. … for in those days Jesus Christ will send them not a true pastor, but a destroyer.’”
Horn believes Francis may also see his fate revealed as part of one of the famous “secrets of Fátima.”
“The final secret of Fátima was supposedly given to three Portuguese children, Lucia dos Santos, Jacinta Marto and Francisco Marto, when they saw an apparition of the Virgin Mary (Our Lady of Fátima) in 1917.”
As Horn observed, “There is a great deal of controversy over whether the third secret was ever completely released by the Vatican, but part of what was released describes a city, which some believe to be the Vatican City. The city is attacked and many priests, including the pope (described as the ‘Bishop in White’), are killed by fighters who could easily be interpreted as members of ISIS.”
This section of the prophecy reads,
… before reaching there the Holy Father passed through a big city half in ruins and half trembling with halting step, afflicted with pain and sorrow, he prayed for the souls of the corpses he met on his way [and] on his knees at the foot of the big cross he was killed by a group of soldiers who fired bullets and arrows at him, and in the same way there died one after another the other bishops, priests, men and women religious, and various lay people of different ranks and positions.
ISIS has vowed to “conquer Rome” by 2020 and has called for an alliance with the radical left to further its objectives. ISIS has also included Catholic countries like Spain in its vision of the restored caliphate.
Pope Francis seems aware of the danger posed by the terrorist group. Only a few days before musing on the likely brevity of his papacy, the pope spoke fatalistically about the danger of assassination. The pope declared his life or death is “in God’s hands” and joked, “I have said to the Lord, ‘You take care of me. But if it is your will that I die or something happens to me, I ask you only one favor: that it doesn’t hurt.’”
Such levity, says Horn, conceals more disturbing questions about the nature of Francis’ papacy and the manner in which he obtained his office.
Horn explains the Italian newspaper Il Fatto Quotidiano claimed to have uncovered a plot in 2012 to assassinate Pope Benedict XVI because of an internal power struggle. Horn asks, “Is that why Benedict ‘retired’ officially in 2012, though not publicly until 2013?”
Pope Francis is doing his best to convince the world about the stability of the papacy. Despite his reputation as an innovator, the pope has expressed opposition to an age limit for future popes.
New York Times bestselling author Jerome Corsi also wonders about instability in the Vatican. In an interview with WND, Corsi said Pope Francis’ comments about a short papacy surprised him.
“With Pope Benedict resigning, a new model of the papacy seems to be developing. Granted, Benedict is not day-to-day active, but he appears to give advice to Pope Francis when consulted. Do we already have two popes?”
“In the future, will popes have terms for which they serve, as presidents in the USA have term limits?” Corsi wondered. “Is Pope Francis the last pope to be appointed for life? Will Francis step down as Benedict did? We do appear to be in a new age where the papacy is undergoing redefinition.”
But Horn said the events in progress may be something far more substantial than simply organizational changes.
“Francis appointed Pietro Parolin as his secretary of state, an Italian (Roman) whose name is Peter,” Horn said. “If the Vatican were attacked or Francis and his Camerlengo (papal administrators) were to be killed at the same time or taken out of the way, this man would sit on the pope’s throne and literally be known as ‘Peter the Roman,’ the final line in the Prophecy of the Popes.”

The Time of Jacob's Trouble?

Mark Matheny
March 19, 2015

Is this the time of Jacob's trouble? Just a thought.....

The word that came to Jeremiah from the Lord, saying,Thus speaketh the Lord God of Israel, saying, Write thee all the words that I have spoken unto thee in a book.For, lo, the days come, saith the Lord, that I will bring again the captivity of my people Israel and Judah, saith the Lord: and I will cause them to return to the land that I gave to their fathers, and they shall possess it.And these are the words that the Lord spake concerning Israel and concerning Judah.For thus saith the Lord; We have heard a voice of trembling, of fear, and not of peace.Ask ye now, and see whether a man doth travail with child? wherefore do I see every man with his hands on his loins, as a woman in travail, and all faces are turned into paleness?Alas! for that day is great, so that none is like it: it is even the time of Jacob's trouble, but he shall be saved out of it.For it shall come to pass in that day, saith the Lord of hosts, that I will break his yoke from off thy neck, and will burst thy bonds, and strangers shall no more serve themselves of him:But they shall serve the Lord their God, and David their king, whom I will raise up unto them.10 Therefore fear thou not, O my servant Jacob, saith the Lord; neither be dismayed, O Israel: for, lo, I will save thee from afar, and thy seed from the land of their captivity; and Jacob shall return, and shall be in rest, and be quiet, and none shall make him afraid.11 For I am with thee, saith the Lord, to save thee: though I make a full end of all nations whither I have scattered thee, yet I will not make a full end of thee: but I will correct thee in measure, and will not leave thee altogether unpunished.            -Jeremiah 30:1-11

Obama Administration Turns on Israel

Mark Matheny
March 19, 2015

"And I beheld another beast coming up out of the earth; and he had two horns like a lamb,and he spake aa dragon." -Revelation 13

Now that Binyamin Netanyahu has an historic victory,  Obama and his Politburo are hell-bent on sticking it to the people of Israel. Historically, the United States has been a friend and ally to Israel, but now that Netanyahu has ran and won on hardline policies, Obama and his gang have decided to throw a wrench in that friendship. 

The White House Gangsters have now decided to shift policy. For decades the White House often would use its Veto in the United Nations Council to protect Israel. Last week, they decided that they could now reverse policy and refuse to veto resolutions relating to the so-called "Palestinians" or introduce their own measure. 

With the recent attempts by the White House to negotiate with Iran, Netanyahu had promised that their would be no "palestinian" state if he was to be re-elected, stating in a recent interview:
“Whoever today moves to establish a Palestinian state and withdraw from territory is giving attack territory for Islamic extremists against the State of Israel,....Whoever ignores that is burying his head in the sand.”
Yet this is exactly what the White House appears to be doing.  Obama is now full of " Wrath, knowing he has but a short time..." and is planning revenge for Netanyahu's recent statement against a palestinian state.

According to the New York Times, Obama and his White House henchmen may:
 now agree to passage of a United Nations Security Council resolution embodying principles of a two-state solution that would be based on the pre-1967 lines between Israel and the West Bank and Gaza Strip and mutually agreed swaps.
This is no surprise since Obama has called for these same measures in the past:

CNS News clip

"We believe the borders of Israel and Palestine should be based on the 1967 lines, with mutually agreed swaps." -Barack Obama ,May 19th, 2011.
Of course the next day Prime Minister Netanyahu came out against this proposal saying:
"While Israel is prepared to make generous compromises for peace, it cannot go back to the 1967 lines, because ... these lines are indefensible.." 

Of course this is the plan of the Obama administration, to fundamentally weaken the Nation of Israel, while funding groups like Al Qeada and ISIS, who want nothing but the complete destruction of Israel!!

Don't believe me? here are just a couple reports confirming this:

Islamic State operative confesses to receiving funding through US - report:

A man believed to be a Pakistani commander of Islamic State or Daish, Yousaf al Salafi, has confessed to law enforcement agencies in Pakistan to getting funds via the United States, according to a leading Pakistani newspaper siting its sources.


Members of the Islamic State of Iraq and the Levant, or ISIS, were trained in 2012 by U.S. instructors working at a secret base in Jordan, according to informed Jordanian officials.The officials said dozens of ISIS members were trained at the time as part of covert aid to the insurgents targeting the regime of Syrian President Bashar al-Assad in Syria. The officials said the training was not meant to be used for any future campaign in Iraq.
The US Is Funding A Government That Includes A Designated Terror Group

The designated terrorist organization Hamas is now officially part of the Palestinian Authority, which receives $500 million in annual aid from the U.S.

Report CIA funds found their way into Al Qaeda's coffers

So whether it is overtly or covertly being done - The U.S. Administration is funding ISIS,Al-Qaeda and Hamas on one form or another! All of these terrorist groups have vowed to destroy Israel!!

Keep not thou silence, O YAHWEH: hold not thy peace, and be not still, O ELOHIM.For, lo, thine enemies make a tumult: and they that hate thee have lifted up the head.They have taken crafty counsel against thy people, and consulted against thy hidden ones.They have said, Come, and let us cut them off from being a nation; that the name of Israel may be no more in remembrance.For they have consulted together with one consent: they are confederate against thee:The tabernacles of Edom, and the Ishmaelites; of Moab, and the Hagarenes;Gebal, and Ammon, and Amalek; the Philistines with the inhabitants of Tyre;Assur also is joined with them: they have holpen the children of Lot. Selah.
These ten nations in Psalm are the ten horns spoken of in Revelation that give their power to the Beast for one hour, in order to destroy Israel:

And the ten horns which thou sawest are ten kings, which have received no kingdom as yet; but receive power as kings one hour with the beast.13 These have one mind, and shall give their power and strength unto the beast.14 These shall make war with the Lamb, and the Lamb shall overcome them:                    -Revelation 17

Please Pray for Israel and Jerusalem!!!
Sha'alu Shalom Yerushalayim!!!

By Mark Matheny

Fed doublespeak and the dismantling of the middle class: Fed states dropping “patient” word doesn’t mean it is impatient on rates. In 1970 roughly 7 percent of all income was earned by the top 1 percent. Today it is closer to 20 percent.

March 18, 2015

The Fed has taken a page out of George Orwell’s 1984.  Doublespeak is all the rage and the Fed’s statements are analyzed as if sifting for gold.  Even when they don’t do anything markets jump.  The Fed sets the tone on our debt addiction.  The Fed dropped the word “patient” in terms of increasing interest rates but then goes on to say this doesn’t mean that it will be impatient.  Say what?  The Fed hints at tapering and balks because it claims there is “low inflation” but when we look at real inflation, the price of many items is shooting up dramatically.  Many of these items were staples of the middle class including an affordable college education, a home, and being able to earn a good wage.  Back in 1975 roughly 7 percent of all income earned went to the top 1 percent.  Today it is closer to 20 percent.  The last time it was this high was during the years prior to the Great Depression.
Share of income
The middle class is being dismantled by economic forces.  More Americans find that they are working in the low wage economythat is booming.  For most households income does matter because this is how you finance your life.  The Fed has created a system where savers are punished.  Negative interest rates punish traditional savings.  It makes stocks, junk bonds, and other speculative items seem more lucrative.  Those that take on big levels of debt are encouraged.  So it is no surprise then that all items financed by debt are suddenly going up in price: housing (mortgages), college (student debt), and cars (auto debt).  Yet the larger gains are not trickling down to workers.
Take a look at this chart showing the share of income earned by the top 1 percent:
share of income top 1 percent
It is no coincidence that after World War II in 1945 all the way to 1980 was the time the US middle class thrived the most.  It was also a time when the top 1 percent were earning roughly 7 percent of all total income.  When you put more dollars into the hands of middle class Americans, that money will get spent.  However, aggregate the money into fewer hands and you see what we have today.  An army of struggling Americans while a smaller group is pushing up the price on luxury goods and in finance, is creating a new rentier class.
The Fed realizes how addicted Americans are to debt.  This headline speaks of 1984:
fed speak
The markets of course responded positively to this.  It only adds to the confusion.  The Fed has kept rates in negative territory for many years now.  Those saying there is no inflation are failing to look in obvious places.  All you need to do is look at the Fed balance sheet and you realize there is no pulling back in this trend:
fed balance sheet
The Fed is playing the confidence card.  They are trying to sway markets with anticipation.  Like the man always telling his anxious girlfriend that “someday” in the future he will pop the question but never does.  Actions speak louder than words.  Look at the Fed balance sheet.  The balance sheet tells us the Fed is incredibly impatient in restoring balance and is doubling-down on this debt based rally.
The middle class is falling behind:
middle class us
Incomes have gone stagnant for well over a decade for middle class families.  During this time, the share of income going to the top 1 percent has more than doubled.  Those with the ability to leverage debt or more importantly, create money by full on monetization are the power brokers in this system.  The Fed is out of tricks and is now resorting to doublespeak.  The public is left dealing with a trend of low wage jobs and is being pushed into utilizing debt to chase the artifacts of middle class life.  The market is severely under pricing the risk of too much debt once again.

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