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Thursday, March 24, 2016

Why Your Vote Has Never Really Mattered in National Elections


Poor Man Survival

Self Reliance tools for independent minded people…


 

ISSN 2161-5543

A Digest of Urban Survival Resources

While campaigning a politician is one who offers the voter a nice dinner but once elected he or she steals the dinner along with the utensils, the table and the chair!  >>The Poor Man

 


   The Washington-Wall Street Cartel & Why Your Vote Really Doesn’t Matter

   For more than 25 years I’ve told my readers [via my various newsletters and columns] that your vote is a waste of time.  The main objective of the power elite which runs our country is to enhance their wealth and power at your expense.  It should be apparent that NOTHING has changed for the better in this country despite boatloads of meaningless promises.

Our standard of living has fallen, the purchasing power of dollar has declined, inflation has caused everything to skyrocket while wages have fallen while politicians and bureaucrats continue to make more money and enjoy more benefits.

In my previous issue I suggested watching the movie The Big Short, which demonstrate how the self anointed on Wall Street shape economic reality while enjoying the revolving door of Washington cabinets and regulatory agencies [or lobbying firms].  It reminds me of George Orwell’s tome, Animal Farm where some are more equal than others and keep in mind, not since the Great Depression has there been such a huge divide between the haves and the have nots in this country!

Main street citizens have become collateral damage from what is commonly called the Mugging of American by dishonest politicians and corporate robber barons which have continually undermined wages and benefits of American workers.  When Bill Clinton repealed the Glass-Steagall Act no one in this country seems to notice or care – nor has anyone done anything since to repair the damage.

The same families and people, just under different administrations continue to benefit while the average worker continues to have a difficult time making ends meet or saving for a decent retirement.  Politics and finance are driven by those whose relationships keep each other in power – this pwer-politics-finance tripod shapes global and domestic economics.

No matter who sits in the oval office, things will remain the same.

US presidents have close multigenerational connections with bankers [the ones who have helped rig the system for generations…[JP Morgan, Chase, Wells Fargo, Goldman Sachs, Morgan Stanley} and these financial elites have altered the very nature of the financial system so they can run the world.

President Eisenhower warned us of the military-industrial complex and its influence in Washington.  We’ve gone far beyond that.  Wall Street now controls the political elite at the state and the federal level.  Consider that after more than 10 years of war in Iraq and Afghanistan Wall Street needed another profit center so they bribed politicians to buy their technology so the NSA could spy on ‘terrorists’ which in reality meant US citizens vis vis passage of the so-called Patriot Act.

 


Politicians Can Always Count on the American Sucker

Whenever Wall Street needs a bailout [or the auto industry or in MI a $100 million failed jail construction project in Wayne County, or the "Bridge to Nowhere,"a bridge in Alaska connecting the town of Ketchikan (population 8,900) with its airport on the Island of Gravina (population 50) at a cost to federal taxpayers of $320 million] the ignorant taxpayer can always be stuck with the bill without any vote or questions asked!

 

We’ve All Been Sold Out

An article from CNN titled "Foreign Governments Are Dumping U.S. Debt Like Never Before."

"In a bid to raise cash, foreign central banks and government institutions sold $57.2 billion of U.S. Treasury debt and other notes in January, according to figures released on Tuesday. That is up from $48 billion in December and the highest monthly tally on record going back to 1978. It's part of a broader trend that gathered steam last year when central banks sold a record $225 billion of U.S. debt."

For years, I've been warning that the low interest rates can't last forever. And that the federal debt (currently $19 trillion and rising) couldn't keep growing without the interest rate they (actually you and I) pay rising. Other nations selling U.S. debt is the next step down the path to higher rates. The time when paying the interest on federal debt crowds out other spending (fill in your favorite program here) is coming… sooner than we think.

Governments and banks have essentially removed all pretenses of a free market and they no longer bother to deny it.  What astonishes me even more is how the public seems to blindly accept it without a word or a whimper.  It is as if most of them have collectively bent over, spread their cheeks, handed over the Vaseline and shouted “have at, go ahead and screw me!’

Public debt-to-GDP ratios have increased domestically and throughout the world and it is not been done through productivity but through the nonsensical quantitative easing [a slick trick initiated by the Fed and ‘helicopter Ben].  They won’t be able to keep the shell game afloat a whole lot longer in my opinion.

In fact, much of what government does is nothing more than a shell game, designed to screw the public much like the bill of goods no fault insurance has become.  Initially sold as a means of lowering auto insurance premiums, states such as Michigan where it was implemented now boast the highest premiums in the nation.  Obamacare, another fiasco, was huge for insurance and pharmaceutical mergers because beg national insurers received more captive customers and bought their competitors with the extra premiums AND it failed to offer Tort Reform or eliminate Workers Comp costs for small business!

If Hillary wins the presidency as is expected [the GOP has spent too much time shooting itself in the foot over Trump to achieve a win in my opinion], you can expect the status quo to remain the same – it will be like Bill Clinton’s third presidency and Wall Street will be singing all the way to the bank [that $640K Goldman Sachs paid Hillary will be repaid in spades].

If for some reason Trump wins the defense industry will come out a big winner and most likely, the American people will too…after all, Trump knows what it takes to run a business.  Not so Hillary who is better known for her rudeness and carpetbagger ways.

No matter who wins, Wall Street will come away smiling as no one will break up the banks, stop rampant speculation, revamp the tax system, force Wall Street to pay decent wages or do much of anything to upset the apple cart.

My suggestion for most folks…take most of your money out of the markets and banks to the greatest extent possible and use that money for real estate, perhaps investing a small parcels of farmland as I have along seeds and long term food stores of food.  The banks are not paying interest on any instruments and the stock market is a crap shoot.  I would also advise investing in silver US coins – I caution against buying gold, instead, obtaining a variety of denominations of pre-1964 ‘junk silver’ coins.  If you do invest, do so in businesses that help people or serve people, preferably on a local level.

As citizens we’re powerless to change the state of affairs, our democracy and election process is a fa├žade designed to make citizens think they are making a choice but in reality, elections do little to change the dynamics of how this country is operated.  After 50 years of witnessing how the power elite promise much and deliver little while bankrupting the nation, I feel I’m on mighty firm ground.  I have the academic and business background to feel safe in making this call.

 



Damned Good Resources You Can Use & Share

 
The sooner you accept whatever your new normal is and learn to live within it, the better off you'll be. And when life does improve, you'll be positioned to enjoy the better times when they do come. Read more.

 


The following group of how-to materials is among the most useful you will anywhere & I’m offering to you free of charge.  I would appreciate a donation, if you’re so inclined-just use the donation tab at the top of the page.  The average donation is $10

How to Survive the War on the Middle Class

 14 of the best reports I’ve assembled on protecting your freedom…Here is the download link.

--A sampling”

·        Final Days of the Dollar

·        The Big Book of Free

·        What You Should Know About Inflation

·        Guide to Self Reliance

·        Middle Class Survival Guide

·        Becoming Self Sufficient for Six Months

·        The Big Drop

·        How to Survive the War on the Middle Class

·        A Man’s Right to Happiness

 

Simply go here and you can download each of these PDF ebooks to your computer


 

Yours for better living,

Bruce ‘the Poor Man’

 

Books, Art, Video – the saucy, the odd, the retro, even the practical…


                                                    

A Smoking Frog Feature, Shallow Planet Production

 

3 comments:

DAR said...

Sadly, your observations are so true about the state of affairs in the US and most citizens are asleep at the wheel and don't even notice. Despite a half century of political BS, they will vote thinking things will change despite evidence to the contrary & the new world order powers will continue to laugh at their stupidity.

escapeartist said...

People need to wake the F*ck up-I always like what you have said in the past: We don't need another election, We need another revolution...but the sheep are too complacent.

Ann said...

So true! I have the exact same thoughts. And especially with this current election......good lord! And all those pretty words and promises.....same b.s. spouted by previous candidates....haven't seen any of it happen. And not to get off the subject, but I saw some post about some foreign lady who's passed, but she was known as the equivalent of Nostradamus....her prediction for the U.S. is that Obama will be the last President of the U.S. Makes you think.....we do need to completely redo the whole government....they have grown so bloated, it's disgusting.