Nothing will fix America. Humpty Dumpty has broken and can’t be put back together again. The financial elite knows this and are preparing for the next phase: The clampdown on dissent.
After they have killed of what was left of the US economy and that of the rest of the world I might add and that includes New Zealand and the general populus wakes up in the nightmare that is left. In tent cities, empty neighbourhoods, bankrupt malls and lacking food, healtcare and jobs to keep their families clothed and fed the once proud American people will huddle like animals and they will become angry. Angry hungry people with nothing to loose.
Enter the concentration camps. Welcome to Mad Max, the real version.
The Economic and Social Crisis.
The financial meltdown has unleashed a latent and emergent social crisis across the United States.
What is at stake is the fraudulent confiscation of lifelong savings and pension funds, the appropriation of tax revenues to finance the trillion dollar “bank bailouts”, which ultimately serve to line the pockets of the richest people in America.
This economic crisis is in large part the result of financial manipulation and outright fraud to the detriment of entire populations, leading to a renewed wave of corporate bankruptcies, mass unemployment and poverty.
The criminalization of the global financial system, characterised by a “Shadow Banking” network has resulted in the centralization of bank power and an unprecedented concentration of private wealth.
Obama’s “economic stimulus” package and budget proposals contribute to a further process of concentration and centralisation of bank power, the cumulative effects of which will eventually result in large scale corporate, bankruptcies, a new wave of foreclosures not to mention fiscal collapse and the downfall of State social programs. (For further details see Michel Chossudovsky, America’s Fiscal Collapse, Global Research, March 2, 2009).
The cumulative decline of real economic activity backlashes on employment and wages, which in turn leads to a collapse in purchasing power. The proposed “solution” under the Obama administration contributes to exacerbating rather than alleviating social inequalities and the process of wealth concentration.
The Protest Movement
When people across America, whose lives have been shattered and destroyed, come to realize the true face of the global “free market” system, the legitimacy of Wall Street, the Federal Reserve and the US administration will be challenged.
A latent protest movement directed against the seat of economic and political power is unfolding.
How this process will occur is hard to predict. All sectors of American society are potentially affected: wage earners, small, medium and even large businesses, farmers, professionals, federal, State and municipal employees, students, teachers, health workers, and unemployed. Protests will initially emerge from these various sectors. There is, however, at this stage, no organized national resistance movement directed against the administration’s economic and financial agenda.