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alstry (35.09)

The Only Difference Between Rich and Poor In America Now......

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October 26, 2010 – Comments (2)

FRAUD......

The only difference between practically every American that considers themselves in the top 5% of wealth in America and the bottom 50% of the population is basic fraud......it is pretty incredible but true.

It is in large part why I created the theory of concentric contraction and the follow on theory of collective interdependence.

Wealth in America is basically a derivative of a collapsing debt based monetary economy.....and unless we are fraudulently valuing the assets and borrowing money against that fraudulent assets base.......most everything in America is bankrupt or would not be cashflowing enough to meet baseline expenses at current contract prices....and thus essentially bankrupt too.

It is why our nation is now openly permitting fraudulent accounting and allowing criminal behavior.....because those in power realize that without the fraud.....they have no power as the system would collapse.  It is why there have been no prosecutions for the biggest banking heist in American history, despite the calls by the former chief prosecutor and most knowledgable expert on the subject...because of you prosecuted the criminals, those in power and/or perceived themselves to be wealth would be broke.

Which leads us to an interesting problem....if we perpetuate the fraud, mathmatically our behavior will have to become more and more criminal to maintain the growing dependence on the deviant behavior...

You are already seeing things that would not have been conceivable just a few years ago.....

and then, due to the nature of postive feedback loops, you would have to exclude more and more from the spoils of the fraud as time went by.....evidenced by rising unemployment, rising poverty, or rising homelessness.....

and as time went by and the lies got bigger as the distress spread wider.....the numbers would get so high that the only reasonble forecast would be social unrest.....

and all of this is well known by those who understand the game...especially Warren Buffett and Benny Bernanke.....but the unwillingness to give up that which we believe we are entitled to is simply too great for most to part with.....even if it means consciously or unconsciously becoming a criminal or supporting criminal behavior.....TRADING PLACES is a great example of this.....

The problem with America is it comes from a background where most of the citizens lived on a relatively high scale by world's standards.......and eventually, as more and more fail, the most will not let a select few continue to live a high standard simply because they get to participate in the fraud while most are excluded......in the past, even if it was a fraud...the spoils were more evenly spread around.

The divergence has gotten so bad that the top 10% are confiscating so much of the spoils of the fraud that they basically pay almost all of the income taxes.......as those on the bottom are given scraps.

It is why, from the day I started blogging, I advocated restructuring the debt that burdened the population...becasue travelling down the current path could only lead to WW3, for separate reasons,  or civil unrest.  But it is clear our politicians and bankers have chosen a different course....one where we are primarily bailing out Wall Street and Washington and taking the property of the private citizens who are not getting bailed out.

We have basically thrown away the Constitution.....thrown away our citizens.......and become a nation run by criminals simply to maintain the illusion of prosperity........this process is not sustainable without instituting a totalitarian regime.  Notice I didn't say Socialism or Capitalism...the correct perspective is Totalitarianism vs. Demorcracy.

It is interesting...the nexus between wealth and poverty is no longer IQ and hard work...but fraud....and in order to maintain the perception of wealth, you must either be a criminal or support criminal activity.....the analyis is plain and simple as those that are perpetrating the fraud are taking away the private property and rights of the remaining population.

If my analysis is correct, we are about to find out whether the American people are really stupid as some like to suggest.....or merely passive wolves in sheeps clothing?

You know what Alstrymous thinks my sheep.......it is about time to take off your costumes and prepare for the Digital Age.

2 Comments – Post Your Own

#1) On October 26, 2010 at 10:35 PM, alstry (35.09) wrote:

I have to admit...it has deteriorated a lot more than I ever dreamed possible without social unrest....

DataQuick: California Mortgage Defaults Rise in Third Quarter

By the way.....for a bit of perspective.  Have you noticed most of the protestors and rioters in France are young?....it is because they are.....and for the past few years, it has been getting harder and harder to find a job as there are few jobs available.

Plus working conditions in France are deteriorating dramatically as France Telecom has one of the highest suicide rates of any large industrial company in the world.

The kids are protesting the rise in retirement age because it will make finding a job that much harder as existing workers will be working longer.....

So instead of the media induced popular belief that the spoiled French are rioting because they don't want to work an extra two years.....the real reason most of the young people are rioting is because THEY WANT TO WORK and there is no work to be had......

Now doesn't that make a little more sense why hundreds of thousands of young people are rioting.....who the heck thinks about retirement when they are young?......you only think about money and those things Alstry thought about when he was young.....and that was the primary reason he wanted money.

C'est la vie

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#2) On October 27, 2010 at 8:28 AM, alstry (35.09) wrote:

NOT A WORD ABOUT DEBT FROM THE MSM.....

U.S. companies hoarding almost $1 trillion cash

NOW THE REST OF THE STORY.....

http://www.zerohedge.com/article/objective-presentation-americas-1-trillion-cash-hoard

AS THE FRAUD CONTINUES.....

 

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