That whooshing sound you hear …

April 3, 2014 at 4:56 pm (Icepick)

… is the air being let out of the middle class. More and more people that DO have jobs are getting priced right out of the housing market.

People with money to burn, both domestic and foreign, are buying up all the property, leaving the middle class with nowhere to go. Make no mistake, our rulers on Wall Street and in DC are doing this deliberately, with an eye towards making certain that only Lords and Serfs remain.

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2 Comments

  1. mockturtle said,

    I just finished a book about offshore tax havens, Treasure Island by Nicholas Shaxson, and how nearly all big corporations, including Google, Microsoft, Apple, major banks, etc., use them. Since so much of their profits is neither taxed nor reinvested into the economy, they are, in fact, bleeding the country dry. Never in my lifetime has there been such a stark separation between ‘haves’ and ‘have nots’ and it doesn’t look to get better any time soon. While some politicians will publicly decry the situation, they are the very ones who voted for its legality. :-\

  2. U Farquar said,

    One difference here is that now we serfs are armed to the teeth. We invest in precious metals – lead and brass.

    I am not concerned, We can at least take a few of them with us,

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