They are all war mongering bastards that are brainwashed into wanting world domination. There will be more wars and more conquests until we are faced with a China and a Russia that will not stand for it. It's bad enough that they devote 53% of the discretionary budget to the military industrial complex in other terms "The War Machine". Is this a nation that you want to live in?

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When Obama talks about job growth, what kind of jobs is he talking about? IT jobs, Engineering jobs, or jobs that MBA's can get? Is he talking about construction jobs, pipefitter jobs, plumber's jobs, mechanics jobs or regular day worker jobs?  I'm asking for a reason. The middle-class holds all the jobs I'm talking about. Where are jobs for the middle class? Let me ply you with some statistics you may not feel comfortable about.

Let's look at the figures before the crash of '08. Let's look at the numbers in 2007. This is when the middle class has wealth from their home values. The figures are startling this comes from The University of California at Santa Cruz.

Table 1: Distribution of net worth and financial wealth in the United States, 1983-2007

Total Net Worth

Top 1 percent Next 19 percent   Bottom 80 percent

1983 33.8%   47.5%                   18.7%

1989 37.4%   46.2%                   16.5%

1992 37.2%   46.6%                   16.2%

1995 38.5%   45.4%                   16.1%

1998 38.1%   45.3%                   16.6%

2001 33.4%   51.0%                   15.6%

2004 34.3%   50.3%                   15.3%

2007 34.6%   50.5%                   15.0%

Notice how wealth in the bottom 80% declined over this period as the top one percent stayed the same. The next 19% had slight gains. Now this table figures financial wealth in which home ownership is included. This is Net Worth.

Total assets are defined as the sum of: (1) the gross value of owner-occupied housing; (2) other real estate owned by the household; (3) cash and demand deposits; (4) time and savings deposits, certificates of deposit, and money market accounts; (5) government bonds, corporate bonds, foreign bonds, and other financial securities; (6) the cash surrender value of life insurance plans; (7) the cash surrender value of pension plans, including IRAs, Keogh, and 401(k) plans; (8) corporate stock and mutual funds; (9) net equity in unincorporated businesses; and (10) equity in trust funds.

Now, look at net Financial Wealth in the country. This may surprise you.

Financial Wealth

Top 1 percent    Next 19 percent  Bottom 80 percent

1983 42.9%    48.4%    8.7%

1989 46.9%    46.5%    6.6%

1992 45.6%    46.7%    7.7%

1995 47.2%    45.9%    7.0%

1998 47.3%    43.6%    9.1%

2001 39.7%    51.5%    8.7%

2004 42.2%    50.3%   7.5%

2007 42.7%    50.3%    7.0%

Now let's look at the figures since the crash of '08 where many homes devalued and went under water.

Table 2. Share of Total Net Worth by Percentile of Wealth Owners, 1989-2010

Percentile  Year

of Net

Worth

Distribution

              1989  1992  1995   1998   2001   2004   2007  2010

0% -50% 3.0%  3.3%   3.6%,  3.0% 2.8%   2.5%   2.5%  1.1

50%-90%   29.9   29.6  28.6   28.4   27.4    27.9   26.0   24.3

90%-99%   37.1   36.9   33.2   34.7  37.1    36.1   37.7  40.0

99% to 100% 30.130.2   34.6   33.9  32.7    33.4    33.8  34.5

Total          100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0

Source: Arthur B. Kennickell, Ponds and Streams: Wealth and Income in the U.S., 1989 to 2007, FEDS Working

Paper 2009-13, Federal Reserve Board, Washington, DC, January 2009; and unpublished 2010 SCF data.

So where is the rhetoric about helping those that have 1.1% of the wealth in this country? That's fifty percent of the population! The truth about the matter is they don't give bleep about us. They care about the people that vote. Especially the people that will vote for them, the people in the 50% to 90% bracket, that is their base. The lower brackets don't bother to vote. That's the problem. They don't realize how many people have fallen into that bracket. Many people that DO vote.

We need to get out of this paradigm of Republicans and Democrats. They are all war mongering bastards that are brainwashed into wanting world domination. There will be more wars and more conquests until we are faced with a China and a Russia that will not stand for it. It's bad enough that they devote 53% of the discretionary budget to the military industrial complex in other terms "The War Machine".  Is this a nation that you want to live in?

Where is the money to fix our infrastructure and provide jobs for the people that are out of work and are on the balls of their ass? Where is the money for education? Where is the money for healthcare? The Constitution said that they should provide for the General Welfare. Apparently that is yesterday's news. We live in a state of permanent war. We live in a country that is bent on conquering the World.

This is borne out by the last fifteen years of our history. Wake up and smell the coffee. Be happy in your fascist state. I think I'm moving. At 61 I think it's time to clear out. I don't want to be part of this any longer.

Authors Website: https://wordpress.com/view/timothyvgattoonline.wordpress.com

Authors Bio:

Tim Gatto is Ret. US Army and has been writing against the Duopoly for the last decade. He has two books on Amazon, Kimchee Days or Stoned Colds Warriors and Complicity to Contempt.