US INCOME INEQUALITY: How we got here and how we can change

If we knew what causes income inequality peaks, could we change it?  

As history reveals, Income Inequality is cyclical. The current peak began in 1970 and there would seem to be little in the stratosphere to bridge that from continuing unabated.

Historically, between 1850 and 1950 the income equality among all peoples of the US, UK and Netherlands stabilized.   But across the board after WWII, those numbers spiked and continued a straight upward trajectory.   Economists vary somewhat on the current causes of the spike, but a few make logical sense:

  1. Globalization. Globalization meant increased trade, meant cheaper goods from China, meant labour in the US could not compete, meant labour caved and created a ridge of zero growth for an entire working class sector. It wasn’t labour unions, it was competition.   It was the beginning of the end for small mom and pop stores as big money swirled in and created the mega markets replete with cheap Chinese products.   One stop shop – save time – buy more – charge it!  Of course free trade wasn’t actually ‘free’ – tariffs were imposed over every market and those tariffs were not equal, hence trade imbalance began simultaneously. Despite being advised to not lower tariff’s, Reagan did anyway, no other country followed suit, and the US deficit spiraled out of control while China and the EU laughed.

And over the course of 50 years, not one president was willing to fix trade to make it truly ‘free’ – as in no tariffs.   Trump offered zero tariff trade with Germany, the EU, Canada, and Mexico – the EU and Germany declined.

  1. Technology Revolution.   While no one wants to sensor technology or squelch it, it has vast ramifications on income and labor and it can take a generation or more to catch up.   It creates bubbles of wealth for people that have no real philanthropic bent other than to funnel their wealth into tax avoidance foundations. Technology advancement also alienates a class of people who don’t have the ability or wherewithal to create an entirely new career or expertise. As such, they move ‘down’ the ladder.
  2. Education.   In Europe it is accepted that not everyone attends college, in fact the percentage is relatively small.   The US proposes that everyone is ‘entitled’ to a college degree because that enables them to make more money…   Really?   A degree in Art, or Language, of Philosophy, or Communications is really a non-degree and yet they are the most prolific.   While Germany has the right idea, they make it a communist dictatorial determination instead of a choice.   Germany stresses specific technology or trade certifications in lieu of college.   The stigma of not being a college graduate is mitigated, and a specialized trade is facilitated. The number of college graduates in Germany is roughly 20%, compared to the US rate of 34%. But what happens after graduating is more important.   And that is where a middle class is created.
  1. Taxes.   A touchy subject to be sure but when the 1%ers are paying the same rate after deductions as the average household, obviously this is not a true progressive system – and is likely meaningless with the exception of those on the cusp of moderately higher incomes being squeezed.

How do you keep the billionaires in the US if the Tax Man is going to up the ante?

Technically speaking, despite the US calling itself a Republic, it truly is a Monarchy with totalitarian bits and pieces.   The billionaires are the monarchs, and everyone else, the peasants, are left to scramble in order to eek a living.   In the US we’ve simply eliminated the terminology and replaced it with alternate terms that effect the same result – Monarchial rule.

The Bolsheviks assassinated the Tzar of Russia and his entire family because according to socialist history books, the peasants claimed an uprising due to wealth inequality.   But the Bolsheviks simply instituted their own version of Monarchial rule under the guise of Communism, the faces of the rulers changed, and money shifted hands.

This ‘shift’ is what the Socialists in the US are hedging for in order to make the Marxist totalitarian state – complete.  This is our fight!

Billionaires have two obvious qualities:  ; 1. They like to spend money on lavish things that only they can afford and, 2. They like power.

So if you are going to keep your billionaires you have to be willing to concede either power or taxes.  Painful.

Ultimately, today,  in order to reduce income inequality one measure that Trump is vehemently pursuing is scaling back tariff differentials. Another is Sovereign sustainability.

While taxes were an initial consideration, the US system is so convoluted at this point it is near impossible to scrap the entire tax structure and recreate a true progressive flat tax – unless by EO.

When Trump is re-elected, Education could be the next transformation.   Reducing federal funding of universities and redirecting that funding toward technical and trade schooling would not only eliminate the socialist indoctrination, it would secure a greater number of students toward an attainable job market sophistication. Ultimately lifting the whiners out of media attention and forcing universities to rethink their curriculum methodology and their current superfluous degree programs.

Because today, in America, you can have a bachelors degree, $150,000 student debt, and be qualified to work as a hamburger flipper.

Like Climate Change, history reveals valuable insight.  Sometimes it is necessary to research a bit more aggressively – instead of simply trying to find the history that fits an agenda.   Putting the pieces together means Trump cannot accomplish this alone.  It means redirecting all the hate filled memes and  criticism toward a viable solution.   And then, there is TRUTH.

Socialism and Ocasio: A Soros Nazi Collaboration

Ray Dalio is making headlines for stating that the Ocasio backed ‘economic theory’ is inevitable.   If you are like me you have absolutely no idea who Ray Dalio is and why anyone would care what he thinks?   So, I looked him up.

One of the more interesting points within this headline is the fact that the Green Deal is referred to as a ‘theory’.   It isn’t a plan. And thus has little substance except that ‘those who devised this theory’ believe it is inevitable.   What is the definition of ‘theory’:   “a hypothesis assumed for the sake of argument or investigationan unproved assumption. An abstract thought.” Likening it to the New Deal of FDR is completely inappropriate as the core basis are wholly polar opposite.

Rarely, if ever, has the term been applied to economics. It is routinely used in the philosophy of science to project an idea when the idea cannot be upheld by actually facts and evidence.   Somewhat like – utopia.

Who is Ray Dalio?

A billionaire who espouses the egregious damnation of income inequality in the US. And like his allies in the Cabal, Dalio is hailed by the media as a philanthropist, having amassed his fortune as a hedge fund manager.   As a philanthropist, his latest 990 IRS form indicates a slew of interesting philanthropic donations from his Foundation including; the Robin Hood Foundation whose Board members include such notables as Gwyneth Paltrow, Diane Swyer, and – Harvey Weinstein, to name a few.   In 2009, George Soros gave the foundation $50 million.   Its stated mission is to alleviate poverty in New York City.

Various media outlets have their version of statistics showing that half of NYC residents live near poverty. Poverty rates among schoolchildren soars as of 10/2018.

Within a ranking of one of the largest charities in the world, how is it that Robinhood has yet to make a dent in NYC?

Hefty salaries, hefty use of part time and sub-contract employees, hefty investments in Europe ($13.4 million), and Central America ($74.4 million), fundraising events in the millions that produce a negative profit, grants to various organizations in Connecticut and Pennsylvania, might indicate a different agenda.

But this would be the world of NGO’s.   They rob from the poor to profit the rich.

The newest and most prolific recipient of grants is the National Philanthropic Trust, a donor-advised fund which boasts assets in the billions…   And the Khan Education Academy which provides education for the elite and wealthy, including Bill Gate’s children.

The actions vs the words.

The income vs the agenda.

The charity vs the reality.

Ocasio Cortez opened Pandora’s Box when it was discovered that her mentor had created a slew of organizations within different levels of IRS safety nets in order to hide contributions and contributors.   Since this revelation, it has been revealed that each and every Democracy aligned foundation utilizes this same web in order to try and hide the source and the gift. In essence a charity can legally create webs of sub charities with different IRs criteria, so as to hide where charity is really being divested.

For example:   Bill Gates could create a charity under a different genre allocation 501©(4) to fund charity 501©(3), thereby allowing concealment of the donors.   But the web may be extended ever larger and entail upwards of dozens of variant charities – all exempt from tax, wherein the real benefactors of the charity are actually the Board and Executives. And the charity is only responsible to support 5% of their funding in real charitable causes.

This is the Warren Buffet Pledge Corruption. And like The Swamp, this is much more prolific than we can possibly imagine. These Foundations and charities are funneling trillions – not billions.     And that is why Ray Dalio says that Ocasio’s Socialist/Communist Manifesto is ‘inevitable’.   Because his and countless other’s billions are behind this Global Coup.

One need only look to the organizations and Foundations that share their ‘philanthropic’ exchange of $$$$ to realize that there is no charity at all, it is a funnel scheme disguised by the mask of the wolf to appear as a friend of the sheep, only to whip out – the snake.

They are all intertwined, and this will ultimately be their downfall, because a 501©(3) is required to list their grants, and an easy research into each of these organizations reveals that none of them actually have any impact on their stated charitable cause, and instead, are really a housing of investments reaped tax free under a guise of charity:

Bill Gates Foundation – value of assets over $50.7 billion.   Assets are undistributed funds.

Warren Buffet Foundation – vast majority goes to Planned Parenthood.   Despite the Buffett mandate to give to the poor – he remains one of the wealthiest at over $82 billion in net worth.

These are the bullwarts who lament the income inequality, and poverty in the US…