The Oligarch Recovery – Low Income Americans Can’t Afford to Live in Any Metro Area

Dave tells us:  Ben Bernanke is hated because he is a liar and cheat who has destroyed the America dollar with his corrupt policies.

The Laws of Economics should be followed not defeated as Bernanke and Greenspan have done.

The manipulation of interest rates and the global economy was for the benefit of the BANKERS! We, the People have suffered because of their manipulations.

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The next phase of this “HERO Syndrome” will be a population reduction or some other such contrived manipulation. The Federal Reserve is a disaster and will collapse soon.

The Federal Reserve is the biggest buyer of U S Government debt.

Think about that dilemma for a few moments. T

he Federal Reserve prints money then buys the U S Government debt every month.

Hence, the false (fake) money has no basis in fact it is just created by an illegal agency.

Then these same Federal Reserve people in conjunction with the U S Government buy the U S Government debt.

Now, if regular people did that act they would go to jail for counterfeiting money.

The Federal Reserve is a criminal enterprise stealing from America!

P.S.  Jim’s Law: “Don’t doubt Dave”

……………………………………………………………………………………..

The blame must be placed on the federal reserve who has spent its lifetime devaluating the U.S. Dollar.

 The IRS and the Federal Reserve were started in the same year.

The Constitution does not allow taxation of personal earnings as such.

Another words, the worker exchanges his work for compensation.

Federal income tax was designed to tax the earnings that resulted in investments from said earnings.

There are several groups that have been fighting income taxes for many years.

The IRS is simply out of control with their strong-arm tactics.

For the Fed, we can thank Woodrow Wilson, progressive president who signed this into law.
Wilson’s claim to fame was his failed League of Nations.
One would have though that voters  by then may have had a clue.
Measuring Worth: Will provide a calculator that will do the job accurately, though the reader will not like it.
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Watch above how subtle and rampant inflation have destroyed our purchasing power from what ever years you choose to use.

Liberty Blitzkreg

Screen Shot 2015-08-31 at 3.02.51 PM

We were told we needed to bail out Wall Street in order to save Main Street.

Well the results are in…

Wall Street has never done better, and Main Street has never done worse.

From the Huffington Post:

Low-income workers and their families do not earn enough to live in even the least expensive metropolitan American communities, according to a new analysis of families’ living costs published Wednesday.

The analysis, released by the left-leaning Economic Policy Institute, is an annual update of the think tank’s Family Budget Calculator that reflects new 2014 data.

The Family Budget Calculator is a formula designed to determine the income “required for families to attain a secure yet modest standard of living” in 618 different communities across the country that the U.S. Census Bureau defines as metropolitan areas.

The formula uses data collected by the government and some nonprofit groups to measure costs of housing, food, child care, transportation, health care, “other necessities” like clothing, and taxes for families of 10 different compositions in these specific locales.

The updated Family Budget Calculator shows that even the most affordable metropolitan areas in the country are beyond the reach of millions of American families with incomes above the official federal poverty level.

The official federal poverty level for a family of two parents and two children in 2014 was $24,008, according to the EPI. But the least expensive metropolitan area in the country for this family type is Morristown, Tennessee, where a family needs an income of $49,114, according to the Economic Policy Institute’s budget calculator.

The Economic Policy Institute also estimates that minimum-wage workers, by who almost universally earn less than the federal poverty level, lack the income needed to make an adequate living in any of the communities surveyed, even if they are single and childless.

The think tank notes that this includes minimum-wage workers living in cities or states with a higher minimum wage than the federal minimum of $7.25 an hour, or $15,080 a year for a full-time worker.

Entire article below.

 

Even families with incomes closer to the middle of the earnings spectrum lack the means to maintain an adequate standard of living. The nation’s median household income was $51,939 in 2013 — the most recent year in which data were available — not much higher than the cost of living in the relatively inexpensive Morristown.

Where’s our hero when you need him?

 

Screen-Shot-2015-08-20-at-3.21.02-PM

In Liberty,
Michael Krieger

The End

About JCscuba

I am firmly devoted to bringing you the truth and the stories that the mainstream media ignores. This site covers politics with a fiscally conservative, deplores Sharia driven Islam, and uses lots of humor to spiceup your day. Together we can restore our constitutional republic to what the founding fathers envisioned and fight back against the progressive movement. Obama nearly destroyed our country economically, militarily coupled with his racism he set us further on the march to becoming a Socialist State. Now it's up to President Trump to restore America to prominence. Republicans who refuse to go along with most of his agenda RINOs must be forced to walk the plank, they are RINOs and little else. Please subscribe at the top right and pass this along to your friends, Thank's I'm J.C. and I run the circus
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10 Responses to The Oligarch Recovery – Low Income Americans Can’t Afford to Live in Any Metro Area

  1. Dave the Differentator says:

    Ben Bernanke is hated because he is a liar and cheat who has destroyed the America dollar with his corrupt policies.

    The Laws of Economics should be followed not defeated as Bernanke and Greenspan have done. The manipulation of interest rates and the global economy was for the benefit of the BANKERS! We, the People have suffered because of their manipulations.

    The next phase of this “ERO Syndrome” will be a population reduction or some other such contrived manipulation. The Federal Reserve is a disaster and will collapse soon.

    The Federal Reserve is the biggest buyer of U S Government debt. Think about that dilemma for a few moments. The Federal Reserve prints money then buys the U S Government debt every month. Hence, the false (fake) money has no basis in fact it is just created by an illegal agency. Then these same Federal Reserve people in conjunction with the U S Government buy the U S Government debt. Now, if regular people did that act they would go to jail for counterfeiting money.

    The Federal Reserve is a criminal enterprise stealing from America!

    Like

  2. omanuel says:

    We are all at fault for continuing to live lin addictions and distractions while hubris world leaders hid Reality, God, Truth from us.

    https://brittius.wordpress.com/2015/08/16/dr-o-manuel-ph-d-stalins-science/

    Like

  3. dajjal says:

    The real estate tax system is the primary problem driver in urban areas.

    As available land is used up, prices rise, increasing the tax base.; Property owners must increase rents to keep up with taxes. Gentrification results. Trump gets rich. Think about it.

    Like

  4. I live in a town where our past few Mayors have raised our taxes to build MONUMENTS TO THEMSELVES! One built a huge special events center just north of town, then annexed the area and everybody’s taxes went up. We taxpayers subsidize the events center to the tune of half a million per year. The rent is so expensive that hardly anybody ever rents it. That mayor had to leave town. The next one annexed all the surrounding area, built a fancy new police station with a huge parking garage when they owned the whole block the last police station was on, could have expanded right there. It was a good fairly new building that had just become too small. Then they tore down the other police station, used the site for a new multi-story public library with it’s own parking garage that nobody parks in! We finally got rid of that mayor- – so he ran for County Commissioner and WON! Now the entire county gets to have taxes raised instead of just one town! We finally got a GOOD mayor and got rid of one of the city councilmen who enabled all the waste. Finally we are getting them settled down and hopefully our taxes will level off to a reasonable amount. You have to PAY ATTENTION! Attend City Council meetings! Watch them in action, see who is wasting YOUR tax money! Renters do not realize THEY ALSO PAY PROPERTY TAXES! If the landlord’s taxes go up, he is FORCED TO RAISE YOUR RENT!

    Like

  5. Pamela says:

    “How powerful is our “central bank?” The Federal Reserve controls our money supply and interest rates, and thereby manipulates the entire economy – creating inflation or deflation, recession or boom, and sending the stock market up or down at whim.”
    -Gary Allen “None Dare Call It Conspiracy”

    Like

    • JCscuba says:

      They are even more powerful when one considers central banks of other countries are joined at the him with the U.S. Federal Reserve, which is no part U.S. or federal, just a catchy name to dupe us one and all.

      The Book Creature from Jeckyll Island explains the formation in detail. No surprise we got the federal income the same year both signed into law by the Progressive Woodrow Wilson.

      Like

      • dajjal says:

        There is no safe & sane way to regulate the money supply. Politicians will manipulate it to please their favorite voting blocks. Rememberr the “cross of gold” speech.

        Bankers will manipulate it for their own profit. Linking money supply to gold, silver or other rare and limited commodities strangles economic growth.

        This is not a member of the set of soluble problems.

        Liked by 1 person

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