"There are two sorts of wealth-getting, as I have said; one is a part of household management, the other is retail trade: the former necessary and honorable, while that which consists in exchange is justly censured; for it is unnatural, and a mode by which men gain from one another. The most hated sort, and with the greatest reason, is usury, which makes a gain out of money itself, and not from the natural object of it. For money was intended to be used in exchange, but not to increase at interest. And this term interest, which means the birth of money from money, is applied to the breeding of money because the offspring resembles the parent. Wherefore of modes of getting wealth this is the most unnatural."

- Politics, Aristotle, 350 B.C.

"The Jew alone regards his race as superior to humanity, and looks forward not to its ultimate union with other races, but to its triumph over them all and to its final ascendancy under the leadership of a tribal Messiah."

- Goldwin Smith, The Jewish Question, October 1881

“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world. No longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.”

- President Woodrow Wilson 1916

“We are grateful to the Washington Post, The New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. It would have been impossible for us to develop our plan for the world if we had been subjected to the lights of publicity during those years. But, the world is now more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries.”

- David Rockefeller, Baden-Baden, Germany 1991

“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”

- Henry Ford 

“The real truth of the matter is, as you and I know, that a financial element in the larger centers has owned the Government ever since the days of Andrew Jackson.”

- Franklin D. Roosevelt, letter to Col. House, November 21, l933

“One of the least understood strategies of the world revolution now moving rapidly toward its goal is the use of mind control as a major means of obtaining the consent of the people who will be subjects of the New World Order.”

- The National Educator, K.M. Heaton

"We Jews, we, the destroyers, will remain the destroyers for ever. Nothing that you will do will meet our needs and demands. We will for ever destroy because we need a world of our own, a God-world, which it is not in your nature to build."

- Maurice Samuels, You Gentiles, 1924

“We are on the verge of a global transformation. All we need is the right major crisis and the nations will accept the New World Order.”

- David Rockefeller 

“Today, America would be outraged if U.N. troops entered Los Angeles to restore order. Tomorrow they will be grateful! This is especially true if they were told that there were an outside threat from beyond, whether real or promulgated, that threatened our very existence. It is then that all peoples of the world will plead to deliver them from this evil. The one thing every man fears is the unknown. When presented with this scenario, individual rights will be willingly relinquished for the guarantee of their well-being granted to them by the World Government.”

- Dr. Henry Kissinger, Bilderberger Conference, Evians, France, 1991

How to Think Clearly

"Never argue with stupid people. They will drag you down to their level and then beat you with experience." –Mark Twain

If you want to begin to understand and appreciate the work of Mike Stathis, from his market forecasts and securities analysis to his political and economic analysis, you will first need to learn how to think clearly. For many, this will be a cleansing process that could take quite a long time to complete depending on each individual.

The best way to begin to clear your mind is to first move forward with this series of steps:

1. GET RID OF YOUR TV SET (at least cancel your cable)


3. DO NOT USE A "SMART PHONE" (or at least do not use your phone to access the internet)


The cleansing process will take time but you can hasten the process by being proactive in exercising your mind.

You should also be aware of a very common behavior exhibited by humans who have been exposed to the various aspects of modern society. This behavior occurs when an individual overestimates his abilities and knowledge, while underestimating his weaknesses and lack of understanding. This behavior has been coined the "Dunning-Kruger Effect" after to sociologists who described it in a research publication. See here.

Many people today think they are virtual experts on every topic they regard with relevance. The reason for this illusory behavior is because these individuals typically allow themselves to become brainwashed by various media outlets. The more information these individuals obtain on these topics from the media, the more qualified they feel they are in these subjects, without realizing that the media is not a valid source with which to use for understanding something. The media always has bias and can never be relied on to represent the full truth.

A perfect example of the Dunning-Kruger Effect can be seen with many individuals who listen to talk radio shows. These shows are politically biased and consist of individuals who resemble used car salesmen more than intellectuals. These talking heads brainwash their audience with cherry-picked facts, misstatements and lies regarding relevant issues such as healthcare, immigration, Social Security, Medicaid, economics, science, and so forth. They also select guests for interview based on the agendas they wish to fulfill with their advertisers.

Once their audience has been indoctrinated by these propagandists, they feel qualified to discuss these topics on the same level as a real authority, without realizing that they obtained their understanding from individuals who are employed as professional liars and manipulators by the media.  Another good example of the Dunning-Kruger Effect can be seen upon examination of political pundits, stock market and economic analysts on TV.  They talk a good game because they are professional speakers. But once you examine their track record, it is clear that these individuals are largely wrong, but they have developed an inflated sense of expertise and knowledge on topics for which they continuously demonstrate their incompetence.

One of the most insightful analogies created to explain how things are often not what you see was Plato's Allegory of the Cave, from Book 7 of the Republic.

We highly recommend that you study this masterpiece in great detail so that you are better able to use logic and reason.Although we recommend you read and study The Allegory of the Cave, you can get a flavor for its meaning by watching the following video. 

If you can learn how to think like a philosopher, specifically one of the great ancient Greek philosophers, it is highly unlikely that you will ever be fooled by con artists like those who make ridiculous and unfounded claims in order to pump gold and silver, the typical get-rich-quick or multi-level marketing (MLM) crowd.

STOP Being Taken

“Beware of false prophets, which come to you in sheep's clothing, but inwardly they are ravening wolves.”

King James Bible - Matthew 7:15

"It's easier to fool people than to convince them that they have been fooled." –Mark Twain

All Viewpoints Are Not Created Equal Just because something is published in print, online or aired in the broadcast media does not make it accurate.  In fact, more often than not the larger the audience, the more likely the content is either inaccurate or slanted. The next time you read something about economics or investments, you should ask two main questions in order to assess the credibility of the source. Is the source biased in any way?   That is, do they have any agendas which would provide any type of benefit accounting for their views? Most individuals either sell ads on their site or are dealers of precious metals or securities. That means their views are biased and cannot be relied upon.

Is your source is credible?  

Most people associate credibility with name-recognition. But more often than not, name-recognition serves as a predictor of bias if not lack of credibility because the more a name is recognized, the more the individual has been plastered in the media. And every intelligent person knows that individuals who have been provided with media exposure because they are either naive or clueless. The media positions these types of individuals as “credible experts” in order to please its financial sponsors; Wall Street. 

Instead of name-recognition or media celebrity status, you must determine whether your source has relevant experience on Wall Street as opposed to being self-taught. But this is just a basic hurdle that in itself by no means ensures the source is competent or credible. More important, always examine the track record of your source in depth, looking for accuracy and specific forecasts rather than open-ended statements. You must also look for timing since a broken clock is always right once a day.  Finally, make sure they do not cherry-pick their best calls. Always examine their entire track record. 

“Beware of false prophets, which come to you in sheep's clothing, but inwardly they are ravening wolves.”

King James Bible - Matthew 7:15

The above questions require only slight modification for use in determining the credibility of sources that discuss other topics, such as politics, healthcare, etc.We have compiled the most extensive publication exposing hundreds of con men pertaining to the financial publishing and securities industry, although we also cover numerous con men in the media and other front groups since they are all associated in some way with each other. There is perhaps no one else in the world capable of shedding the full light on these con men other than Mike Stathis. Mike has been studying the indistry for well over a decade. Alhough he has published numerous articles and videos addressing this dark side of the industry, the entire collection can be found in our ENCYCLOPEDIA of Bozos, Hacks, Snake Oil Salesmen and Faux Heroes
At AVA Investment Analytics, we don't try to pump gold, silver or equities like many others you see because we are not promoters or marketers. And we do not receive any compensation whatsoever (including from ads) from our content. We provide individual investors, financial advisers, analysts and fund managers with world-class research, education and unique insight.

Media Lies

If you listen to the media, most likely it is costing you hundreds of thousands of dollars in lost money at minimum over the course of your lifetime. The deceit, lies and useless guidance from the financial media certainly is a large contributor of these losses to the sheep you pay attention.

But a good deal of lost wealth comes in the form of excessive consumerism which the media seeks to impose on its audience. You aren’t going to know that you’re being brainwashed or that you have lost $1 million or $2 million over your life time due to the media, but I can guarantee you that with rare exception this is the reality for those who are naïve enough to waste time on the media.

It gets worse. By listening to the media, you are likely to also suffer ill health effects through the lack of timely coverage of toxic prescription drugs or through the ridiculous medical shows, all of which are supportive of the medical-industrial complex.

And if you seek out the so-called "alternative media" you might make the mistake of relying on con men like Kevin Trudeau or Alex Jones. This could be a deadly decision. As bad as traditional media is, the so-called "alternative media" is even worse.

Why Does the Media Air Liars and Con Men?

The goal of the media is NOT to serve its audience because the audience does NOT pay the bills.

The goal of the media is to please its sponsors, or the companies that spend huge dollars buying ads, and in order for companies to justify these expenses, they need the media to represent their cause. The media does this by airing idiots and con men who mislead and confuse their audience.

By engaging in "journalistic fraud," the media steers its audience into the arms of its advertisers because the audience is now misled and confused, so in the case of the financial media, it seeks the assistance of Wall Street brokerage firms, mutual funds, insurance companies, precious metals dealers. This is why advertisers pay big money to be promoted in the financial media.

We see the same thing on a more obvious note in the so-called "alternative media," which is really a remanufactured version of the so-called "mainstream media." Do not be fooled. There is no such thing as the "alternative media." 

In order to be considered "media" you must have content that has widespread channels of distribution. Thus, all "media" is widely distributed and the same powers that control the distribution of the so-called "mainstream media" also control the distribution of the so-called "alternative media."

The claim that there is an "alternative media" is merely a sales pitch designed to capture the audience that has since given up on the "mainstream media."  The tactic is a very common one used by con men.

The same tactic is used by Washington to convince naive voters that there are meaningful differences between the nation's two political parties. In reality, both parties are essentially the same when it comes to issues that matter most (trade policy, healthcare and war). Anyone who tells you anything different simply isn't thinking straight.

On this site, we expose the lies and the liars in the media. We discuss and reveal the motives and track record of the media’s hand-selected charlatans with a focus on the financial media.  

Why Stathis Was Banned

No one has generated a more accurate track record in the investment markets over the past several years than Mike Stathis. Yet, the financial media wants nothing to do with Stathis.

You aren't even going to hear him on the radio being interviewed.

You aren't going to see him mentioned on any websites either.

You won't read or hear of his remarkable track record unless you read about it on this website or read his books.

You should be wondering why this might be. Some of you already know the answer.

The media has banned Mike Stathis because the trick is to air clowns so that the audience will be steered into the hands of the media's financial sponsors - Wall Street and gold dealers.

And as for the radio shows and websites that either don't know about Stathis or don't care to hear what he has to say, the fact is that they are so stupid that they assume those who are plastered in the media are credible. And since they haven't seen or heard Stathis in the media, even if they come across him, they automatically assume he's a nobody in the investment world simply because he has no media exposure.

Well, if media exposure was a testament to knowledge, credibility and excellent track records, Peter Schiff's clients would be a lot happier when they looked at their account balance.

Others only care about pitching what’s deemed as the “hot” topic because this sells ads in terms of more site visits or reads. This is why you come across so many websites based on doom and conspiratorial horse shit run by con artists looking to cash in on ads.

We have donated countless hours and huge sums of money towards the pursuit of exposing the con men, lies and fraud. We continue this mission but we cannot continue it forever without your assistance.

We have been banned by virtually every media platform in the U.S and every website (mainly because we expose the truth about gold and silver).

We have been banned from use of email marketing providers.

The fact is that the Jewish Mafia has declared war on us because we have exposed the realities of the U.S. government, Wall Street and corporate America.

Note that we only began discussing the role of Jews in criminality by 2009, three years AFTER we had been black-listed by the media, so no one can say that our criticism of the Jewish Mafia has led to being black-listed, not that it would even be acceptable.

You can talk about the Italian Mafia, and Jewish Hollywood can make 100s of movies about it...


We rely on you to help spread the word about us. Just remember this. We don’t have to do what we are doing.

We could do as everyone else and focus on making money. We are doing sacrificing everything because in this day and age, unfortunately, the truth is revolutionary. It is also critical in order to prevent the complete enslavement of world citizenry.   

Rules to Remember

On Exposure: No one who has significant exposure can be trusted because those who are responsible for permitting such exposure have allowed it for a very good reason, and that reason does not serve your best interests.

On Spotting Frauds: Whenever you wish to know whether someone can be trusted, always remember this golden rule..."a man is judged by the company he keeps."

This is a very important rule to remember because con men almost always belong to the same network.

You will see the same con artists referencing each other, on blog rolls and so forth.

  • How to Think Clearly
  • STOP Being Taken
  • Media Lies
  • Why Stathis Was Banned
  • Rules to Remember
  • X close

Poverty in America: The Big Picture

In America’s Financial Apocalypse, a book that has been banned by the media, I discussed the many flaws in the calculation of poverty levels within the U.S. First, let’s have a look at some excerpts from the book.

“In August 2004, the U.S. Census Bureau reported a poverty rate of 12.7 percent. This was the rate used by government economists and politicians to determine expenditures for numerous government programs.
However, the Census Bureau added that this rate could be as high as 19.4 percent or as low as 8.3 percent depending on how income and basic living expenses were treated.
I for one feel that the real poverty rate in America is much closer to the 19.4 percent figure (and most likely even higher) due to the unwillingness of Washington to update its criteria for poverty levels.
And over the next two decades, as the majority of America’s estimated 76 million baby boomers are expected to retire in poverty, the real poverty numbers could easily surpass 30 percent (more on this in Chapters Eight and Nine). According to the U.S. Census’ conservative formula for poverty, in 2004 there were:
• 37.0 million Americans in poverty (12.7%), up from 35.9 million (12.5%) in 2003
• 7.9 million American families in poverty (10.2%), up from 7.6 million in 2003
As defined by the Office of Management and Budget and updated for inflation using the Consumer Price Index, the average poverty threshold for a family of four in 2004 was an income of $19,307; for a family of three, $15,067; for a family of two, $12,334; and for unrelated individuals, $9,645.
How is it that record oil prices have not allowed for upward adjustments in these levels? Keep in mind that inflation of basic necessities such as food, energy, and healthcare affects the poor by a much larger factor than wealthier Americans because they have less to spend on other items. Thus, inflation of basic necessities becomes a tax on low- and middle-income Americans.”
Now, let’s examine the current data. The poverty threshold level for 2009 was less than $21,954 for a family of four in 2009 and $10,956 for an individual.
According to recent data released by the U.S. Census, the nation's poverty rate jumped to 14.3%, representing 43.6 million Americans in 2009. This is the highest level of poverty seen in the U.S. since 1994.
The poverty rate increased for all racial groups except Asians. Only five states had poverty rates of less than 10 percent in 2009 -- Alaska, Connecticut, Maryland, New Hampshire and New Jersey.
The poverty rate for children under age 18 grew faster in 2009 than it did for the population as a whole, increasing 1.7 percentage points to 20.7%.
The South remained the poorest area of the country, with a poverty rate of 15.7%. The South also experienced the largest increase in poverty, moving up 1.4 percentage points from 14.3% in 2008.
According to the data from the Census, the poorest state in the U.S. is Mississippi, with a 21.9% rate of poverty.
Notably, Arizona (19.6%) and New Mexico (19.3%) also recorded a much higher poverty rate than the national average.
As bleak as this data looks, the fact is that it represents gross understatements of the real picture, as I discussed in America’s Financial Apocalypse.
When the media reported the latest poverty data from the Census, an analyst from the Brookings Institution made a key statement.
“…the state comparisons may not be very fair. They make no provisions for differences in living costs. I think we need to revise the poverty measure to take into account regional cost differences.”
I made this statement myself four years ago in America’s Financial Apocalypse. Let’s have a look.
“Consider that it’s almost impossible for a single person to survive today in America with an annual income of $10,000; roughly the national minimum wage. The only exception might be if they live in the Deep South. And if they are surviving, they certainly don’t have funds needed to advance their employment options.
In many regions of America such as California, New York, and New Jersey, $10,000 per year won’t even cover your government-assisted housing, food and utilities. And you certainly won’t have anything left over for incidentals, such as laundry, clothes, transportation, etc.
It seems odd that the poverty level is not adjusted for the living expenses of each city or state since this would account for regions with higher living expenses. As it stands today, the government’s formula for poverty is only applicable to states with the lowest cost of living such as West Virginia, Mississippi, Arkansas, and Alabama. Yet, even in these states, poverty levels are quite high according to Washington’s conservative criteria. How many Americans living in larger, more costly metropolitan areas are making more than the government’s poverty level, yet are not counted in its official numbers?
In most areas of the United States, it takes roughly double the federal poverty level to provide a family with basic necessities such as food and housing, according to the National Center for Children in Poverty. Based on the government’s conservative data, nearly 40 million Americans are literally on the verge of being homeless. But if appropriate adjustments for basic living costs were made, the poverty level could easy be 80 percent higher than reported levels. Even with all the tricks government agencies use to hide the truth, they still can’t dispute that poverty is on the rise.”
Source: America’s Financial Apocalypse, 2006.
Based on estimates by several groups, the most recently reported poverty rate did not show as large of an increase as expected because of the decrease in poverty seen by elderly Americans who entered into Social Security and Medicare. Moreover, the extension of employment benefits by seven times and the economic stimulus package which saved millions of public jobs also keep poverty numbers from soaring. 
However, as warned in AFA, Social Security cost of living adjustments (COLA) have not kept up with inflation for decades. We are now seeing a worsening of this situation, as Obama has halted the COLA for Social Security through 2011. This accounts for one reason why Washington has continued to understate the real inflation data.
The income used to calculate poverty status includes earnings, workman's compensation, unemployment insurance, Social Security, veteran's payments, pensions, interest and dividends, and just about every other source of cash. However, as mentioned in America’s Financial Apocalypse, the calculations do not include capital gains. Non-cash benefits, such as food stamps or subsidized rents, also do not count as income.
According to the Brookings Institution, poverty is expected to continue to reach a high of about 16% over the next decade, adding another 10 million Americans. If proper variables were factored into poverty calculations, we would surely see in excess of 25% poverty in the U.S. over this period.
What does all of this mean?
As I warned in AFA, combined with massive losses to retirement plans and pensions, further cuts to Social Security and Medicare promise to send the majority of baby boomers into poverty.
Things will be even worse for younger Americans, who will remain jobless or be forced to work in a job that pays poverty wages. Unlike the elderly, they won’t have Social Security income or Medicare. This is going to be a huge problem for many years to come.
The U.S. Census also recently reported income data for various cities and states. As you might have expected, Mississippi also lead the nation in getting hit with the largest declines in median income. Mississippi residents earned the lowest incomes in the U.S., with incomes falling to $36,646 in 2009 from $37,749 in 2008. In 2009, the median income in the U.S. was $50,221.
According to the Census, 29 states reported lower median incomes than the U.S. median, while 20 states and the District of Columbia reported higher median incomes than the overall median.
Real median household income decreased over the year in 34 states, and was relatively the same in 15 states and the District of Columbia.
Maryland had the highest median income in the country in 2009, at $69,272. Take a guess why. BLOATED FEDERAL GOVERNMENT WAGES.
The Census also indexed income inequality, looking for how income is distributed within a state.





Washington, D.C. had the largest income disparity in 2009, along with the territory of Puerto Rico. New York had the biggest income gap of the states followed by Connecticut.
Alaska had the smallest income inequality, followed by Utah.
Finally, I continue with additional excerpts from America’s Financial Apocalypse, which puts America’s wealth and income disparity into perspective.
“Washington likes to remind critics that Americans enjoy the highest living standard in the world. As evidence of this, government “experts” discuss statistics such as GDP growth, wealth, income and wage growth, and other economic indicators without defining exactly what they are referring to (see Chapter Eleven for a detailed discussion).
In fact, when one examines the data, it’s clear that only America’s wealthiest 5 percent have benefited from the credit-driven economic expansion that began over two decades ago.
Shortly after 1980, real incomes of the top 5 percent of Americans soared over the next two decades from about 3.5 times to 5.5 times the median income (in 2001 dollars).”
“In contrast, real incomes for the bottom 80 percent of Americans barely moved during this period, while inflation for basic necessities (such as healthcare, energy, and higher education) soared. These increased expenses have further reduced the disposable income of the majority of Americans. In contrast, the post-war economic expansion was much more evenly distributed across all wage earners. This balanced expansion continued until the high inflation period of the early ‘80s.
Even more disturbing is that America’s wealth disparity is much greater, with the top 5 percent having accounted for a much larger percentage of wealth growth from the decade since 1979 than the bottom 95 percent.
Ten years later, the results are even worse, with the wealthiest 5 percent of Americans having on average 23 times the wealth of the remaining 95 percent. The problem is that households with low net worth have very few assets and will therefore be affected more by price increases in basic necessities.
In addition, they will be less able to weather unexpected difficulties, such as medical emergencies or a job loss. Accordingly, Edward Wolff has estimated that 40 percent of households headed by individuals aged 25 to 54 could exhaust all of their financial assets (excluding their home) within 1 week if they lost their income.
While America’s wealthiest 5 percent have received a much greater percentage of the nation’s wealth for over two decades, the remaining 95 percent have benefited very little. When we compare top and bottom income and wealth levels to other nations, America begins to resemble the land of opportunity for only a select few.
America’s poorest 10 percent has less purchasing power than almost every other developed nation. Meanwhile, its wealthiest 20 percent own almost 80 percent of all household wealth (figure 4-5). And compared to other developed nations, America has the largest income gap between the top 10 percent of income earners and the median income, as well as the largest gap between median income and the lowest 10 percent of income earners.”






“Finally, the U.S. government does much less to help raise the living standards of its impoverished citizens compared to other developed nations.
What was once a nation of fairness, opportunity and moderation has become a nation of favoritism and extremes. Some view America’s economic strength to be confirmed by the annual growth of new millionaires. However, this has come at the expense of shifting more Americans into poverty or near poverty.
Two decades ago, most Americans began to use credit to purchase goods and services that they couldn’t afford. And during the 1990s, this greed became more intense. Today we see the effects of three decades of economic decline, as many now use their credit cards to pay for basic necessities.
To illustrate these consumption trends, consider the American staple; the house. Three decades ago, the average American family consisted of about 4.5 individuals with an average home size of about 2200 square feet.
Today, with about 3.6 family members, the average family now has a home that’s about 3500 square feet. That represents an increase in size (per individual) of 100 percent. Instead of having fewer bedrooms, the average home now has more. As well, today’s average new home has many additional rooms that didn’t exist in the past such as a study, an entertainment room, Jacuzzi room, and others.
These consumption trends have extended to the number and size of autos, televisions, and other goods purchased by the average American family.
Americans need to ask themselves if they really need to consume so much, and if so, whether they’re producing enough to justify such consumption. Data shows that they are consuming much more than they are producing. And this is gradually causing them to mortgage their nation off to foreigners.”




“Similar to many third-world nations that have an inadequate manufacturing infrastructure, America has reverted to a service economy. It’s becoming a nation of the ‘haves and have nots,’ similar to third-world societies. The ‘have-nots’ continue to reach for what they cannot afford through credit spending. In some cases, we already see a change in the way Americans are using credit; from greed to need—paying for necessities with their credit cards.”
Source: America’s Financial Apocalypse, 2006.
Now let’s have a look at the latest income data from the U.S. Census.
In 2009 Americans earning more than $100,000, or 20% of the U.S. population received 50.3% of the nation’s total income. In contrast, the bottom 40% of Americans received a mere 12% of the nation’s income. Americans considered below the government’s official poverty line (14.3%) received only 3.4% of the income.
For the nation’s top 20% of income earners, this represents an increase from a decade ago in 1999, when the top 20% received 49.4% of the income. Meanwhile, the nation’s poorest were slightly better off a decade ago, when the bottom 40% received 12.5% of the income.
This is remarkable considering the fact that higher-income earners were likely to have lost a significant amount of their wealth (and income due to dividends and capital gains) from stock market losses, whereas the nation’s lowest income earners were much less likely to have suffered losses in the stock market.
In 2008, the wealthiest 10% of U.S. households received 48.2% of the nation’s total income, up from 34.6% in 1980. Thus, much of this increase was due to the growth of incomes in the top 10% of income earners. Specifically, the top 1% received a much higher percentage in gains, helping to raise the 20% group. Between 1980 and 2008, the share of the nation’s total income going to the top 1% rose from 10% to 21%. This places the U.S. as one of the most unequal nations in the world.
I have discussed the fact that real median wages have not increased since 1999 ever since writing about this trend in AFA. The latest data by the Census confirms this trend is alive and well. According to the Census, the inflation-adjusted income of the median U.S. household fell 4.8% between 2000 and 2009.
What does all of this mean? 
As I discussed in AFA and have continued to emphasize since that time, America’s middle-class is becoming extinct.
Meanwhile, its impoverished are becoming more poor. The main reason for this trend is due to the excessive inflation seen in basic goods and services, such as food, energy, healthcare and education, all while Washington partners with corporate America to send good jobs overseas in order to enrich the wealthy elite.  





Good jobs, millions of them have been exported overseas by corporations only concerned with locating the source of cheapest labor. This has a dual effect on the wealth and income gap seen in the U.S. because the wealthiest Americans tend to have largest investments in U.S. corporations.
As Ford Motor, Dell Computers, IBM, and every other U.S. corporation sends jobs to China, India, and other nations, shareholders of these companies make more money because labor costs have been reduced.
The simple fact of the matter is every time you see someone driving an expensive car or pulling up to a large house, you should by no means envy this person. Most likely, this individual is either in some way responsible for the job you once had before it was shipped off to India, or else this wealthy individual has profited from your lost job. This is the new never-mentioned reality of America.
The charts on this page serve to further nail the point into the ground.







I want you to keep in mind the perpetrators of this economic devastation. The list is extensive and includes thousands of individuals; Wall Street executives who committed securities fraud and have still not been indicted, the Federal Reserve under the leadership of Alan Greenspan, which caused the global bubble, and virtually every politician that has held office in Washington for several years. Summers, Rubin, Weill, Emanuel, Gramm, Clinton, Gore, Bush, Cheney, Rumsfeld, Mozilo, Fuld, Dimon, Blankstein, Lewis, Raines, Syron, Greenberg and Cayne; these are just a few of the architects of America’s destruction.
If these individuals are not brought to justice, I can guarantee you the exploitation, pain and suffering will continue indefinitely as a repeating cycle until you have been completely enslaved. Some argue that this has already occurred.
Already, the evidence is clear that the U.S. is run not by a democracy, but by a fascist government that partners with corporate America and the wealthy elite. Freedom of speech is nothing more than a myth. I know this first hand. Protection of property rights in the U.S. has faded over the years. And the so-called free market system so proudly touted by Washington has been MIA from the U.S. economy for many years.
Today in America, instead of real competition, we see an endemic trend of industry collusion.  Sure, as a U.S. consumer you have choice. You can select Wal-Mart or Target, AT&T or Verizon, Home Depot or Lowes, Walgreens or CVS. That’s not indicative of a free market economy.
Over the past couple decades, America has regressed into a nation where industry collusion is the law of the land. Industry giants continue to buy out smaller competitors, then raise prices once competition has faded. In other industries, we see a pseudo-free market system whereby the existence of several competitors gives the appearance of competition. In reality, what you have is collusion. This trend is most evident in energy, healthcare and media industries.  
This system of collusion really took off during the Reagan years, which initiated a wave or deregulation. Destructive trade policies added to the storm.
The next time you see or read of the media’s hand-selected financial experts, you should ask yourself why they refuse to bring up these issues.
The answer should be clear by now. 
They do not care about the truth and they do not care about your well-being. All they care about is lining their pockets. This is why they have been selected by the media. In the end, they support the agendas of the media which is beholden to the interests of Wall Street.
Remember, if you are not getting the full truth, you are being lied to.
Background reading material:
(1)     Payback is a BITCH /article_details-149.html
(2)     It’s Time to Face the Facts /article_details-154.html
(3)     Madoff in Perspective /article_details-68.html
(4)     Stay Clear of Traditional Assets /article_details-74.html
(5)     How Washington Manipulates Economic Data
(6)     The Plain Truth /article_details-73.html
(7)     Bailouts Disguised as Buyouts /article_details-86.html
(8)     America’s Financial Apocalypse: It’s not Going Away Anytime Soon
(9)     The Audacity of Change /article_details-267.html
(10) Death by Media /article_details-338.html
(11) Why No One Won a Pulitzer for Financial Reporting 
(12) American Fools /article_details-365.html
(13) Ford as a Crystal Ball for America /article_details-80.html
(14) WaMu: One Yea Later and Still No Indictments
(15) Another Victim of America’s Ponzi Scheme Economy
(16) The Healthcare Insurance Mafia Strikes Again
(17) Fraud Mastered by the Criminal Banking Industry
(18) The Realities of America’s Free Market Economy
(19) Signs of a Depression /article_details-431.html
(20)  America. What Went Wrong? /article_details-444.html


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