The Relevant Quote–>: “There’s a time when the operation of the machine becomes so odious—makes you so sick at heart—that you can’t take part. You can’t even passively take part. And you’ve got to put your bodies upon the gears and upon the wheels, upon the levers, upon all the apparatus, and you’ve got to make it stop. And you’ve got to indicate to the people who run it, to the people who own it that unless you’re free and unless others are free, the machine will be prevented from working at all.” ― M. Savio (UC Berkeley; Dec. 2, 1964). Savio quote videoclip (1 min 48 sec; click here).
Worse than 1929?
1% of Americans now own 43% of U.S. wealth and the top 1% in globally own 80% of global wealth. As technological change advances and the outsourcing of real production to slave labor circuits picks up (post Clinton/NAFTA) the U.S. has seen the the loss of well over 20 million U.S. manufacturing jobs to a third world de facto slave labor & resource circuitry (China, Indonesia, India, Mexico, etc.) which primary benefits New York & London bankers and the so-called “1%”.
Repeatedly, systemic collapse is staved off in the “Western World” via asset inflation and/or debt creation and via exploitation of third world slave labor circuits and natural resources. Populations in the Western world are socially engineered into consumer mindsets without any historical or contextually grounded understanding of the global picture and the so-called “Third World”/Majority world population. They are kept distracted. Pyramid top workers are continuously encouraged to passively submit to authority structures while media distracts and entertains them.
In 2008, a worried 1% subservient U.S. Federal Reserve (and its Europe/Japan-China/Gulf State proxies) injected unprecedented lquidity via trillions of bond issuances to stimulate aggregate demand via government spending, tax concessions,and essentially zero/negative real interest rates. The Federal Reserve’s QE1 and QE2 projects were essentially efforts to save the 1% enabled by the de facto printing of money. Despite all of these efforts the US economy still shrank by over 12% in 2008 and — as of November 2011 — the real U.S. unemployment rate stands somewhere between 20% and 23% and real home prices are down between 35% to 40% on average nationwide from their 2007 peak valuations. The real cost of food and living has increased for most Americans. Further, beyond the already greater than 1930s Depression level unemployment numbers, workers’ real salaries have declined by over 8% since 2007.
All of this has occured at an unprecedented long term costs.
The corporate media now lies daily to you and constantly distracts you with inane nonsense.
The warping of truth gets worse and worse. The disconnect between the 1% pyramid top and the rest of the world gets worse and worse