Wealth Destruction for the 99.9 Percent

By: BATR

Blaming the 1% for diminished prosperity avoids the real reasons for designed poverty. In round terms, the seven billion souls that populate this planet translate into seventy million to be part of the 1%. Well, that amount is still a very large number to blame for the systemic transfer of riches into the hands of the few. A far more relevant approach is to examine the .001% or around seven million that fall into the mover or shakers of asset and possessions. Before targeting this group of mega wealth, that figure includes a very significant number, who are non players when it comes to global politics or transnational finance.          

Recent record art sales illustrate the insulated existence that wraps the super rich in a different world from ordinary people. The Washington Post writes, What it looks like when the .001 percent fights over art.

“Welcome to Christie’s,” Pylkkanen said, without missing a beat.

It was that kind of night, with Christie’s selling a record $852.9 million worth of contemporary and post-war art. There were new records for 11 artists, including Twombly, Ed Ruscha, Peter Doig, Martin Kippenberger and Seth Price, according to figures released by Christie’s.”

Not exactly familiar household art celebrities, this version of trickledown economics is only for the in crowd. A Reuter report, Life continues sweetly for the .001 percent, continues.

“Art envy isn't the only sign that the Occupy Wall Street din isn't being heard on penthouse terraces. Sanford Weill, the former chief executive of Citigroup (C.N), put his 6,700-square-foot, top-floor residence on Central Park West on the market for $88 million. That's twice what he paid for it four years ago and would be a Manhattan record. Weill said he plans to donate proceeds from the sale to charity, but for the time being would still have it as a deduction to apply against his taxable income.

The point is, the besieged banker class is still going about its business -- and wielding considerable clout. That's a lesson celebrity chef Mario Batali learned after likening bankers to Adolf Hitler and Josef Stalin at a media event. After news of the comments swept across Wall Street and sparked talk of boycotts among Batali's well-heeled clientele, he apologized. With the 99 percent rallying against them, the rich clearly can't afford to turn on themselves.”

While the uber rich are not exactly a monolith, there are certain factors that go unchallenged. List of 80 People With as Much Money as 1/2 of Humanity provides a starting point. Then examine the growth in their wealth. In 2015, there was a record of 1,826 people on the list with a total net worth of $7.05 trillion, up from $6.4 trillion in 2014. The bible of financial registry is the Forbes billionaire list which is wholly inadequate as a comprehensive tally.  Notwithstanding, the seven trillion figure is but a fraction of the estimated $241 trillion which represents total global combined wealth of all the people in the world.

This disparity just does not compute when compared to the commonly held dogma of the holdings of the 1%. Even the rarified air of the .001% will not account for the difference. The missing link is that people, as individuals, do not control the vast majority of resources, assets, money and wealth.

Governments, financial institutions, corporations, transnational conglomerates, NGO’s, trusts, estates and hidden hybrid ownership truly controls the global economy that dictates, who benefits from the consolidation of capital and oversight of natural resources.

The mandates that pass as national laws and international treaty relations share a common composition. Protecting the superstructure that facilitates elite domination over the masses of world population is the object of the game. The rest of us are left with distractions, illusions and misdirect narratives of a false reality that embodies the popular culture.

The mass media message is consistent. It paints the ruling class as benevolent and caring. The collectivist administrations of different regimes are planned as a huge dependence machine. Some countries are more dominant than others, by all practice institutional autocracy as a condition of allowing their citizens the privilege of conditional government sustenance.

Individual liberty is besieged as a frightening threat to the system. Actual free economic markets are destroyed as a matter of course. Cartels, cabals and monopolies rule as cronyism with the decision makers dictate the direction of the technocratic socialism that has engulfed world society.

The reason why human circumstances continue to deteriorate is clear to anyone who has the honesty to admit that the dire consequences are not accidental or unintentional. However, coming to grips with the architectures of international finance is just too painful to endure. A comment from a leaving subscriber of the BATR RealPolitik Newsletter, sums up perfectly a core reason why the world totalitarian system continues with such little opposition. “Your site does an excellent job of exposing the truth but this imposes too high a price on my daily mental attitude and overall health”.

Life is seldom fair, and more often painful, but a cop out of unpleasant reality guarantees that the Rothschild manipulated model of world slavery will achieve their ultimate goal of massive population extinction for the dependency populace. 

A primary failure of the “Looney Left” is placing their faith into the role of government to correct the punitive excesses of global internationalism. The nature of the contrived interdependency is based upon the power of fiat finance to own and dictated policy to their state sponsored lackeys.

Those brave hearted dissenters to the “international community” are driven from office, discredited by a media assault or killed if they become too much of a threat.

Jack Lessenberry offers this assessment in, Politics and Prejudices: What's really ruining America.

“Income inequality in this nation is not only bad and getting worse, but most of us are either brainwashed, in total denial, or too gutless to even talk about it. Why don't you hear Hillary Clinton or Elizabeth Warren screaming about this, as they should be?

For two simple reasons: First, they're afraid they'll instantly be accused of wanting to start "class warfare," a term that, like socialism, evokes bad nightmares of — shudder — Communist dictatorships.

But more sadly, they probably don't think there's anything they can do about it, other than maybe slow the trend a little bit.”

This critique of the “so called” daring progressives actually reveals that both play up to the establishment. Bucking the true world power brokers is very dangerous. Ask JFK, RFK, George Wallace and Ronald Reagan. Satanic megalomaniacs are committed to the impoverishment of the masses and their eventual total demise.

When was the last time that a real populist grassroots movement was able to overthrow the ruling elites? The deplorable answer is never in our lifetime.

The systemic wealth destruction that has rendered former Middle America to borderline poverty came as no accident. Don’t blame all those new faces in the billionaire crowd; they only have large bank accounts. Focus on the dynasty families that share the same bloodline and pull the strings on government puppets that administer the all-inclusive enslavement of humanity as their primary goal.

Collectivism is a deadened scheme, originated by the globalists to deceive the struggling “unwashed” to look toward government for a better future. Wow, what a miserable fiasco.

Having money is better than being poor, all other factors relative. However, earning wealth the old fashion way, by working hard is virtually a non starter today. The casino economy is a stacked deck against the industrious.

Only a total reputation of the Free Trade corporatist plantation that has de-industrialized America could remotely turn the tide. But before any boom could begin and restore national hope, the political organized crime syndicates must be recognized as the enemy of the people and driven from their power centers and debt created money schemes.

Just like the burnt out aforementioned BATR reader, the remaining moral participants that do battle with a corrupt system must risk having their head cut off, for any chance of returning to prosperity.

The task is great and little time is left. The NYT reports that a Deal Reached on Fast-Track Authority for Obama on Trade Accord, will expand the globalist fiefdom even more.

“To further sweeten the deal for Democrats, the package includes expanding trade adjustment assistance — aid to workers whose jobs are displaced by global trade — to service workers, not just manufacturing workers. Mr. Wyden also insisted on a four-year extension of a tax credit to help displaced workers purchase health insurance.”

This is a clear example of collectivism at play. Government subsidies that replace real employment, does not create wealth for our own people or for the country as a whole. It is high time to admit that the 99.9% is screwed as long as this same old globalist trade fraud continues to impoverish our domestic economy.  

Rally against the globalists and refuse any legitimacy to a system that is designed to distract with class warfare, while the central banksters own the vast total wealth and control the power structure.

Source: http://www.batr.org/totalitariancollectivism/042115.html

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