Seeking Alpha

James Quinn's  Instablog

James Quinn
Send Message
James Quinn is a senior director of strategic planning for a major university. James has held financial positions with a retailer, homebuilder and university in his 25-year career. Those positions included treasurer, controller, and head of strategic planning. He is married with three boys and... More
My blog:
TheBurningPlatform.com
  • WHO DESTROYED THE MIDDLE CLASS - PART 3 2 comments
    Jun 26, 2012 11:41 AM

    This is the 3rd and final chapter of my series about the destruction of the middle class. In Part 1 of this series I addressed where and how the net worth of the middle class was stolen. In Part 2, I focused on the culprits in this grand theft and in Part 3, I will try to figure out why they stole your net worth and what would be required to restore sanity to this world.

    Dude, Why Did They Steal My Net Worth?

    "I have no problem with people becoming billionaires-if they got there by winning a fair race, if their accomplishments merit it, if they pay their fair share of taxes, and if they don't corrupt their society. Most of them became wealthy by being well connected and crooked. And they are creating a society in which they can commit hugely damaging economic crimes with impunity, and in which only children of the wealthy have the opportunity to become successful. That's what I have a problem with. And I think most people agree with me." - Charles Ferguson - Predator Nation

    (click to enlarge)

    It is clear to me that a small cabal of politically connected ultra-wealthy psychopaths has purposefully and arrogantly stripped the middle class of their wealth and openly flaunted their complete disregard for the laws and financial regulations meant to enforce a fair playing field. Why did they gut the middle class in their rapacious appetite for riches? Why did the scorpion sting the frog while crossing the river, dooming them both? It was his nature. The same is true for the hubristic modern robber barons latched on the backs of the middle class. Their appetite for ever greater riches will never be mollified. They will always want more. They promise not to destroy the middle class, as that will surely extinguish the last hope for a true economic recovery built upon savings, investment and jobs, but it is their nature to destroy. A card carrying member of the plutocracy and renowned dog lover, Mitt Romney, revealed a truth not normally discussed by those running the show:

    "I'm not concerned about the very poor. We have a safety net there. I'm not concerned about the very rich, they're doing just fine."

    CLICK HERE TO READ MORE:

    http://www.theburningplatform.com/?p=36198

Back To James Quinn's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (2)
Track new comments
  • Leftfield
    , contributor
    Comments (3758) | Send Message
     
    It appears now as throughout history that it is just the nature of people who measure themselves solely by their net worth that too many of them will do anything to retain and increase it. And when they have been so rewarded by serial plunder as they have been for generations in the US, their level of control over the system has become a WMD against truth, law, freedom and the remaining middle class.

     

    As they wax, the rest of society and it's general level of prosperity and wealth wanes outside of their fellow travelers who similarly game the system and reward parasitic behavior at all levels in the economy.

     

    Too many Americans have proven themselves useful idiots and clueless while they sleep through the debasement of the formerly most prosperous and solvent middle class society ever known which was based on free enterprise and Constitutional principles. Only if enough Americans can wake up and see through the charades and phony promises of academics, government and MSM who have mostly sold out to the kleptocracy that is destroying us can there be a sufficient reset and restoration of merit-based economic returns that can restore quality of life and prosperity in the US.
    26 Jun 2012, 03:03 PM Reply Like
  • Neb
    , contributor
    Comments (40) | Send Message
     
    Voting in the presidential election is like picking which leg you want broken.
    27 Jun 2012, 04:07 PM Reply Like
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.