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Cross-posted from AmpedStatus.com
Editor’s Note: This is our first Middle Class Death Watch roundup. Building off of our extensive report on the financial destruction of the United States, this will be a regular feature moving forward. Here we present a collection of news reports from the past two weeks detailing the collapse of the middle class.
Overall Snapshot
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Cross-posted from AmpedStatus.com
Here we go again. The government and corporate media are pumping out more propaganda on vital economic statistics to mask the severity of our economic crisis. Deceptive unemployment, GDP, inflation and poverty measures are easily exposed with some research and a closer look at the data. The latest deception comes from the Census Bureau in their annual poverty report, which is now uncritically being “reported” on throughout the corporate media and echoing throughout online news outlets as well.
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Cross-posted from AmpedStatus.com
Editor’s Note: The following post includes adapted excerpts from David DeGraw’s book, “The Road Through 2012: Revolution or World War III.” Release Date: 9.28.11
We have endured financial oppression for long enough. In a time of national crisis and shared sacrifice, the richest one-tenth of one percent of the population cannot continue on their merry way, living in obscene wealth and detached from reality, while the majority of the population desperately struggles to make ends meet. We are under attack, and it’s time to fight back.
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Cross-posted from AmpedStatus.com
Finally, after trillions in fraudulent activity, trillions in bailouts, trillions in printed money, billions in political bribing and billions in bonuses, the criminal cartel members on Wall Street are beginning to get what they deserve. As the Eurozone is coming apart at the seams and as the US economy grinds to a halt, the financial elite are starting to turn on each other. The lawsuits are piling up fast. Here’s an extensive roundup:
As I reported last week:
Collapse Roundup #5: Goliath On The Ropes, Big Banks Getting Hit Hard, It’s A “Bloodbath” As Wall Street’s Crimes Blow Up In Their Face
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Cross-posted from AmpedStatus.com
Tropical storm Lee threatens severe flooding in Alabama, Louisiana, and Mississippi
Tropical Storm Lee now has winds approaching 60 miles per hour. Louisiana has heavy rain, and authorities warn of flooding in Alabama and Mississippi as well. States of emergency have been declared.
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