Plato's Cave

Monday, September 3, 2018

Over the past decade, an unprecedented stock market boom has created thousands upon thousands of new millionaires, and yet the middle class in America has continued to shrink. How is that even possible? At one time the United States had the largest and most vibrant middle class in the history of the planet, but now the gap between the wealthy and the poor is the largest that it has been since the 1920s. Our economy has been creating lots of new millionaires, but at the exact same time we have seen homelessness spiral out of control in our major cities. Today, being part of the middle class is like playing a really bizarre game of musical chairs. Each month when the music stops playing, those of us still in the middle class desperately hope that we are not among the ones that slip out of the middle class and into poverty. Well over 100 million Americans receive money or benefits from the federal government each month, and that includes approximately 40 percent of all families with children. We are losing our ability to take care of ourselves, and that has frightening implications for the future of our society.

One of the primary reasons why our system doesn’t work for everyone is because virtually everything has been financialized. In other words, from the cradle to the grave the entire system has been designed to get you into debt so that the fruits of your labor can be funneled to the top of the pyramid and make somebody else wealthier. The following comes from an excellent Marketwatch article entitled “The American Dream is getting smaller”…

More worrying, perhaps: 33% of those surveyed said they think that dream is disappearing. Why? They have too much debt. “Americans believe financial security is at the core of the American Dream, but it is alarming that so many think it is beyond their reach,” said Mike Fanning, head of MassMutual U.S.

Almost everyone that will read this article will have debt. In America today, we are trained to go into debt for just about everything.

If you want a college education, you go into debt.

If you want a vehicle, you go into debt.

If you want a home, you go into debt.

If you want that nice new pair of shoes, you don’t have to wait for it. Just go into more debt.

As a result, most Americans are currently up to their necks in red ink…

Some 64% of those surveyed said they have a mortgage, 56% said they had credit-card debt and 26% said they have student-loan debt. Many surveyed said they don’t feel financially secure. More than a quarter said they wish they had better control of their finances.

You would have thought that we would have learned from the very hard lessons that the crisis of 2008 taught us.

But instead, we have been on the greatest debt binge in American history in recent years. Here is more from the Marketwatch article…

It makes sense that debt is on Americans’ minds. Collectively, Americans have more than $1 trillion in credit-card debt, according to the Federal Reserve. They have another $1.5 trillion in student loans, up from $1.1 trillion in 2013. Motor vehicle loans are now topping $1.1 trillion, up from $878.5 billion in 2013. And they have another nearly $15 trillion in mortgage debt outstanding.

That is one huge pile of debt.

We criticize the federal government for running up 21 trillion dollars in debt, and rightly so, but American consumers have been almost as irresponsible on an individual basis.

As long as you are drowning in debt, you will never become wealthy. In order to build wealth, you have got to spend less than you earn, but most Americans never learn basic fundamentals such as this in our rapidly failing system of public education.

Many Americans long to become financially independent, but they don’t understand that our system is rigged against them. The entire game is all about keeping consumers on that debt wheel endlessly chasing that piece of proverbial cheese until it is too late.

Getting out of debt is one of the biggest steps that you can take to give yourself more freedom, and hopefully this article will inspire many to do just that.

To end this article today, I would like to share 14 facts about how the middle class in America is shrinking that I shared in a previous article…

#1 78 million Americans are participating in the “gig economy” because full-time jobs just don’t pay enough to make ends meet these days.

#2 In 2011, the average home price was 3.56 times the average yearly salary in the United States. But by the time 2017 was finished, the average home price was 4.73 times the average yearly salary in the United States.

#3 In 1980, the average American worker’s debt was 1.96 times larger than his or her monthly salary. Today, that number has ballooned to 5.00.

#4 In the United States today, 66 percent of all jobs pay less than 20 dollars an hour.

#5 102 million working age Americans do not have a job right now. That number is higher than it was at any point during the last recession.

#6 Earnings for low-skill jobs have stayed very flat for the last 40 years.

#7 Americans have been spending more money than they make for 28 months in a row.

#8 In the United States today, the average young adult with student loan debt has a negative net worth.

#9 At this point, the average American household is nearly $140,000 in debt.

#10 Poverty rates in U.S. suburbs “have increased by 50 percent since 1990”.

#11 Almost 51 million U.S. households “can’t afford basics like rent and food”.

#12 The bottom 40 percent of all U.S. households bring home just 11.4 percent of all income.

#13 According to the Federal Reserve, 4 out of 10 Americans do not have enough money to cover an unexpected $400 expense without borrowing the money or selling something they own.

#14 22 percent of all Americans cannot pay all of their bills in a typical month.

This article originally appeared on The Economic Collapse Blog. About the author: Michael Snyder is a nationally syndicated writer, media personality and political activist. He is publisher of The Most Important News and the author of four books including The Beginning Of The End and Living A Life That Really Matters.

The post The American Dream Is Getting Smaller, And The Reason Why Is Painfully Obvious… appeared first on The Economic Collapse.

via IFTTT

Sunday, September 2, 2018

"Anatomy Of A Fusion Smear": WSJ Exposes Dirty Tactics Of "Steele Dossier" Firm

ORIGINAL LINK

The Wall Street Journal editorial board has thrown one of their former journalists, Glenn Simpson, completely under the bus over his firm's political hit-jobs for hire - including feeding twice-demoted DOJ official Bruce Ohr damaging "misinformation" in the Trump-Russia investigation.

Now we’re learning how this misinformation got around, and the evidence points to Glenn Simpson of Fusion GPS, the outfit that financed the infamous Steele dossier. -WSJ

***

Via the WSJ Editorial Board

Anatomy of a Fusion Smear

Democrats and their media friends made false claims about a lawyer.

Cleta Mitchell is a top campaign-finance lawyer in Washington, D.C. This year she’s also been the target of a political and media smear that reveals some of the nastiness at work in the allegations of collusion between the Trump campaign and Russia.

Cleta Mitchell, a partner at Foley & Lardner in Washington, D.C., Feb. 6, 2014. PHOTO: PABLO MARTINEZ MONSIVAIS/ASSOCIATED PRESS

A partner at Foley & Lardner, Ms. Mitchell was astonished to find herself dragged into the Russia investigation on March 13 when Democrats on the House Intelligence Committee issued an interim report. They wrote that they still wanted to interview “key witnesses,” including Ms. Mitchell, who they claimed was “involved in or may have knowledge of third-party political outreach from the Kremlin to the Trump campaign, including persons linked to the National Rifle Association (NRA).”

Two days later the McClatchy news service published a story with the headline “NRA lawyer expressed concerns about group’s Russia ties, investigators told.” The story cited two anonymous sources claiming Congress was investigating Ms. Mitchell’s worries that the NRA had been “channeling Russia funds into the 2016 elections to help Donald Trump.”

Ms. Mitchell says none of this is true. She hadn’t done legal work for the NRA in at least a decade, had zero contact with it in 2016, and had spoken to no one about its actions. She says she told this to McClatchy, which published the story anyway.

Now we’re learning how this misinformation got around, and the evidence points to Glenn Simpson of Fusion GPS, the outfit that financed the infamous Steele dossier. New documents provided to Congress show that Mr. Simpson, a Fusion co-founder, was feeding information to Justice Department official Bruce Ohr. In an interview with House investigators this week, Mr. Ohr confirmed he had known Mr. Simpson for some time, and passed at least some of his information along to the FBI.

In handwritten notes dated Dec. 10, 2016 that the Department of Justice provided to Congress and were transcribed for us by a source, Mr. Ohr discusses allegations that Mr. Simpson made to him in a conversation. The notes read: “A Russian senator (& mobster) . . . [our ellipsis] may have been involved in funneling Russian money to the NRA to use in the campaign. An NRA lawyer named Cleta Mitchell found out about the money pipeline and was very upset, but the election was over.”

A spokesman for Adam Schiff, ranking Democrat on the House Intelligence Committee, says the “Minority did not speak with Mr. Simpson or Fusion GPS about this,” though he declined to disclose who named Ms. Mitchell. Our sources say they can’t remember Ms. Mitchell coming up in any of the documents collected or witness interviews conducted for the investigation. So how did Mr. Schiff get his tip? Fusion’s media friends? Mr. Ohr? The FBI? Fusion GPS and Mr. Simpson did not answer a request for comment.

Ms. Mitchell says the fallout for her goes beyond inconvenience and a false allegation. Mr. Schiff’s team in May sent her a letter demanding testimony and documents, though no one in Mr. Schiff’s office alerted her before naming her in an official document.

She received similar demands from Senate Intelligence Chairman Richard Burr, who wanted Ms. Mitchell to turn over records related to “the transfer of money, or anything of value” between her and several Russians. After Ms. Mitchell in May responded that she had no information related to any of those Russians and accused the committee of being duped by “Glenn Simpson & Co.,” she heard nothing more.

But social media attacks on her haven’t ended. “That allegation impugns my ethical integrity and professional reputation,” she says, one reason she’s calling for Mr. Simpson to be prosecuted for lying to a federal official.

The Russian collusion accusations ginned up by Fusion at the behest of a law firm working for the Clinton campaign haven’t been corroborated despite two years of investigations. But no one should forget the smears that they and their media mouthpieces peddled along the way.

via IFTTT

Progressives: The Real World Versus Neverland

ORIGINAL LINK

Authored by David Stolinsky via The Gatestone Institute,

"Not to know what happened before you were born is to remain forever a child," Cicero astutely observed. For many self-described progressives today, however, this seems not to be a drawback. On the contrary, like adolescents -- insisting that they are grown-ups when their parents get in the way of their fun, but then running home for all their basic needs and creature comforts -- such people seem to give no thought to the past and equally little to the future.

Many people like this are said to suffer from a "Peter Pan Syndrome": the inability or unwillingness to grow up. In thought, they seem to lean to the political left. They want the government to take on the role of parent, even if that involves maxing out the country's "credit cards," so that even for a short time, they can live beyond what they earn.

Possibly in a hurry not to concern themselves with "dreary details," they pressed for a huge health-care bill, passed in 2010, that forever changed how we receive − or do not receive − medical care. It seems the details of the bill were too time-consuming and complex for the world of tweets and sound bites for them to pay attention to what it actually contained. When the bill was being debated, former House Speaker Nancy Pelosi famously said, "We have to pass the bill so that you can find out what is in it, away from the fog of the controversy."

Many of these children in adult bodies were told, and actually believed, that better health care for everyone, including an unlimited number of illegal immigrants, would be attainable at a low cost, if only the government were to run it. That Medicare and Medicaid, both of which the U.S. government currently runs -- as well as the UK's National Health Service -- are going broke does not appear to have occurred to them. So they persist in their fantasy that government-controlled health care is not an ill but a cure.

Their fantasy is not restricted to the realm of health care. Many of these children in adult bodies believe that many, if not all, major aspects of the economy would be more efficient if the government ran them. This is in spite of the fact that the facilities currently run by the government -- from the Department of Veterans Affairs to the Department of Motor Vehicles -- are inefficient, unhelpful or sometimes even downright hostile -- to the people they are meant to serve.

Many children in adult bodies also seem not to know that Socialism failed in the Soviet Union, Poland, Hungary, Czechoslovakia, Yugoslavia, Romania, Albania, Bulgaria, China, North Korea, Cambodia, Laos, Vietnam, and Cuba, and is now failing in Venezuela. Yet, illogically, they appear to believe that they themselves could make it work. The irrational wish is evidently stronger than rational arithmetic.

These victims of arrested emotional development seem to confuse good motives with good results. They want better health care for a greater number of people at a lesser cost; so they fantasize that they can achieve it without denying care to those who are too old, too sick or too expensive to receive it. They kind-heartedly want a "more equal distribution of wealth"; so they fantasize that they can maneuver it without penalizing and discouraging the productive members of society, while rewarding and encouraging the unproductive ones. Yet this is exactly what has happened wherever the redistribution of wealth was tried.

These people, like all of us, want to be liked; so they fantasize that if they treat others kindly, the behavior will be reciprocated. They refer respectfully to the unelected theocratic leader of Iran as "Supreme Leader," even as oppressed Iranian demonstrators are arrested, beaten, tortured or killed.

Although bullies -- from those who terrorize fellow students in the schoolyard, to those who commit terrorist acts against innocent people across the world -- speak the language of hatred and force, children in adult bodies persist in their fantasy that if they and their government would only project appeasement and weakness, regimes such as that in Tehran would lay down their arms and hate-filled hegemonic aims. Hence, presumably, the support among progressives for the Iran nuclear deal that former President Barack Obama pushed through, without regard to its potential cost of a fully nuclear-capable Iran to America and the rest of the world after the deal expires.

These adults still clinging hard to their wishes seem to believe that crime is caused by poverty or other societal ills, and conclude that criminals are victims of society, such as Kathryn Michelle Steinle, who was shot to death in 2015 by illegal immigrant José Inés García Zárate. Garcia Zarate, a five-time deportee and drug offender. While Steinle met a cruel and untimely death, Garcia Zarate, not only was acquitted of murder and manslaughter, but aroused sympathy on the left.

These adults who apparently do not want to grow up call those who disagree with them "fascists" or "Nazis" -- without knowing the history of either -- yet accept as gospel any statements or actions, no matter how questionable, on the part of those who agree with their romanticized positions.

Like Peter Pan, these children wish to live in Neverland – a place that, in the real word, does not exist. Fictional characters, however, have the advantage of enjoying adventures with imaginary dangers. In the real world, unfortunately, people who never grow up may enjoy themselves for a time, but sooner or later the all-too-real dangers they had ignored, like an overstretched credit card, catch up with them. By the time their future is lost to them, it will be too late to wake up or rectify the situation. This means that the adults among us who acknowledge and take on the responsibilities of adulthood must be even more vigilant in exposing fantasies as child-like and preventing these daydreamers from doing even more damage than they already have done.

In the real world, people who never grow up may enjoy themselves for a time, but sooner or later the all-too-real dangers they had ignored, like an overstretched credit card, catch up with them. By the time their future is lost to them, it will be too late to wake up or rectify the situation. (Image sources: Pixabay, Wikimedia Commons)

via IFTTT

Saturday, September 1, 2018

Monsanto-Bayer: Eliminating The Name Will Not Erase The Criminal History

ORIGINAL LINK

Authored by Ruchi Shroff via Common Dreams,

Cancelling out Monsanto’s name and keeping only that of Bayer, does not mean forgetting the wrongdoings of a company which, according to the verdict of the Monsanto Tribunal of The Hague, is stained with crimes of ecocide. With Bayer’s official takeover of Monsanto, the giant multinational also inherits its liabilities.

On the eve of the start of the integration process, Monsanto has been held liable for causing cancer through the use of its glyphosate-based weedkiller Roundup and ordered to pay $289 million of damages to the plaintiff Dewayne Lee Johnson in the first landmark case, settled in California in mid August 2018. The jury also found that Monsanto “acted with malice or oppression.”

According to Reuters, the number of lawsuits brought against Bayer’s newly acquired Monsanto is approximately 8000 in the US alone. UN experts Ms Hilal Elver, Special Rapporteur on the right to food and Mr. Dainius Pūras, Special Rapporteur on the right to physical and mental health, defined the ruling “a significant recognition of the human rights of victims, and the responsibilities of chemical companies.”

Revelations in reports published last year, most notably the “Monsanto Papers” and the “Poison Papers“, have shed light on strategies of big agrochemical groups to expand their empires: from lobbying, interference in government agencies’ proceedings, attacks in collusion with institutions on independent science, to mega mergers and acquisitions.

For the first time part of these documents were shown to a jury, which were able, among other things to also see that, “at least starting 20 years ago, Monsanto has known that their product can cause cancer, and has gone out of its way to ignore it and/or fight any science that suggests a link”, as declared to Democracy Now by Brent Wisner, the lead trial counsel for Dewayne Lee Johnson in his lawsuit against Monsanto. Added to this, in the same week, California’s Supreme Court rejected a challenge by Monsanto to the state’s decision to include glyphosate in its Proposition 65 list of carcinogens.

On other fronts, other lawsuits have been filed in the US by farmers’groups, and seed sellers are pushing environmental regulators to bar farmers from spraying dicamba weed killer, key ingredient of the new Monsanto-Bayer and Basf products, which has been causing drift-related crop injuries sweeping across rural America in the last 2 years; in Europe, the special committee on pesticides authorization process reacted to the US court’s decision by calling once again for a ban of glyphosate in the continent; in Sri Lanka, where a fatal chronic kidney disease (CKDu) has been linked to glyphosate use, a group formed by farmers’ organizations, scientists and affected families declared that they are ready to take Bayer/Monsanto and other glyphosate herbicide manufacturers to the Supreme Court.

Vietnam is also demanding compensation for victims of exposure to the Agent Orange, the chemical produced by Monsanto for the US military during the Vietnam War.

A clear signal of the fact that Monsanto’s past is set to haunt Bayer in spite of all efforts to eliminate the brand name, is that the week following the verdict, Bayer’s shares fell sharply, approximately by 10 – 12% ($12.5 Billion). It is interesting to note that the stock exchange, the very core of today’s globalized economy, seems to be quite unforgiving.

Navdanya, along with civil society organizations around the world, will continue to monitor, report and protest so that the agroecological, transition also recently discussed at the FAO‘s Symposium on Agroecology, becomes a reality and that local, circular and inclusive economies, nutritious and healthy food, become the norm once again After fifty years of an intensive, unhealthy food production model that has devastated our agriculture system by polluting the environment, producing poisonous food and without remotely solving the hunger problem, has instead further undermined people’s food sovereignty. Industrial agriculture in fact can claim only a relatively small portion of the global food production. The majority of the food we consume is, actually, still produced by small and medium farmers, while the vast majority of crops coming from the industrial sector, such as maize and soya, is mainly used as animal feed or to produce biofuels.

Navdanya International has invited leading experts from around the world for the drafting of the Manifesto “Food for Health. Cultivating Biodiversity, Cultivating Health.” The Manifesto, which will be widely disseminated to farmers and citizens, governments and stakeholders, aims at highlighting the inseparable link between food and health, developing comprehensive strategies to overcome the model of industrial agriculture, encouraging the convergence and action of the movement for Agroecology and Public Health movements to reach a common vision of sustainable development, which must be equitable and inclusive, based on biodiversity and poison-free food and farming systems.

The work of Navdanya International, from the creation of the International Commission on the Future of Food and Agriculture, and the publication of four Manifestos, has focused on promoting a new agricultural and economic paradigm, and the belief that solutions to the multiple crises facing humanity today can come from a determined shift away from the present profit and competitive-based paradigm to a model that has at its keystone the protection of the earth and environment and respect of the rights and dignity of people. In biodiverse organic farming, in Seed Freedom for farmers and citizens, in circular economies based on meaningful work, we can find solutions to the environmental, climate, social and economic crisis. We will continue to reclaim citizens’ rights, as well as those of small and medium producers, who, despite being crushed by the current market mechanisms, are the only ones providing us with healthy and nutritious food.

Furthermore, we will not stop fighting this attempt of multinationals to takeover of our food, health and democracy which, instead of being regulated by our elected representatives, are increasingly able to take on the role of regulators through heavy lobbying actions, thus posing a serious threat to our own democratic system.

via IFTTT

Friday, August 31, 2018

The nuclear accidents we're aware of are only the tip of the radiation disaster iceberg

ORIGINAL LINK

The World Nuclear Association says its goal is "to increase global support for nuclear energy" and it repeatedly claims on its website: "There have only been three major accidents across 16,000 cumulative reactor-years of operation in 32 countries." The WNA and other nuclear power supporters acknowledge Three Mile Island in 1979 (US), Chernobyl in 1986 (USSR), and Fukushima in 2011 (Japan) as "major" disasters. But claiming that these radiation gushers were the worst ignores the frightening series of large-scale disasters that have been caused by uranium mining, reactors, nuclear weapons, and radioactive waste. Some of the world's other major accidental radiation releases indicate that the Big Three are just the tip of the iceberg. CHALK RIVER (Ontario), Dec. 2, 1952: The first major commercial reactor disaster occurred at this Canadian reactor on the Ottawa River when it caused a loss-of-coolant, a hydrogen explosion and a meltdown, releasing 100,000 curies of radioactivity to the air. In comparison, the official government position is that Three Mile Island released about 15 curies, although radiation monitors failed or went off-scale.

via IFTTT

Thursday, August 30, 2018

Flu-pocalypse: The shocking failure of the flu vaccine exposed

ORIGINAL LINK

Injection-Cry-Fear-Flu-Steroid-Chickenpo

(Natural News) Back-to-school season is here. Alongside sales, shopping and students, you may have noticed that something else is back: The flu shot. The push to get vaccinated is in full swing, whether you’re at the grocery store or simply watching the evening news. “It’s never too early to get the flu shot,” vaccine pushers...

via IFTTT