I have stated before that societies can't function when 99% of people are disenfranchised. This is because all of the money is controlled by 1% of the population. This is economic self destruction.
The truly difficult questions that must be answered to fix our economy and country are being willfully ignored. Our economy is 2/3 consumer spending, thus we are a consumption economy. When the booze is gone, people leave the bar. Our economy is on death watch. Firstly of the crushing leverage and debt that has been pasted on top of all of that debt mortgage debt, secondly from the massive deleveraging that is being forced on consumers. Our Consumption based economy is running on fumes.
Every day I read more and more of people's utter desperation. This desperation stems from the fact that 99% of society is being systematically taken apart by the powerfully and politically affluent. The wealth of our once great nation has been transferred to Wall Street and the power elite.
As we hear more about the Austin airplane suicide, I am only left to wonder if a new era of desperate violence is upon us. The media will no doubt spin this as an isolated nut job, but of course they are also in on this giant wealth transfer from the beginning.
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