Americans: Serfs Ruled by Oligarchs

Peacenik thinks this overview from Paul Craig Roberts is on the mark. The unanswered question is "what happens when more and more formerly affluent middle class Americans become serfs?" Americans are happy, and loyal, and patriotic because they don't view themselves as serfs. They think they are the masters of the universe. Poor Americans are out on the streets demanding that their right to not have access to healthcare be protected. But as more and more sheeple slip into serfdom Peacenik thinks there will be trouble and violence. When the American dream goes poof, there are going to be a lot of angry sheeple.



by Paul Craig Roberts

“In a little time [there will be] no middling sort. We shall have a few, and but a very few Lords, and all the rest beggars.” R.L. Bushman

“Rapidly you are dividing into two classes--extreme rich and extreme poor.” “Brutus”

Americans think that they have “freedom and democracy” and that politicians are held accountable by elections. The fact of the matter is that the US is ruled by powerful interest groups who control politicians with campaign contributions. Our real rulers are an oligarchy of financial and military/security interests and AIPAC, which influences US foreign policy for the benefit of Israel.

Have a look at economic policy. It is being run for the benefit of large financial concerns, such as Goldman Sachs.

Read on...

Resist or Become Serfs

by Chris Hedges

America is devolving into a third-world nation. And if we do not immediately halt our elite's rapacious looting of the public treasury we will be left with trillions in debts, which can never be repaid, and widespread human misery which we will be helpless to ameliorate. Our anemic democracy will be replaced with a robust national police state. The elite will withdraw into heavily guarded gated communities where they will have access to security, goods and services that cannot be afforded by the rest of us. Tens of millions of people, brutally controlled, will live in perpetual poverty. This is the inevitable result of unchecked corporate capitalism. The stimulus and bailout plans are not about saving us. They are about saving them. We can resist, which means street protests, disruptions of the system and demonstrations, or become serfs.

We have been in a steady economic decline for decades. The Canadian political philosopher John Ralston Saul detailed this decline in his 1992 book "Voltaire's Bastards: The Dictatorship of Reason in the West." David Cay Johnston exposed the mirage and rot of American capitalism in "Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense (and Stick You With the Bill)," and David C. Korten, in "When Corporations Rule the World" and "Agenda for a New Economy," laid out corporate malfeasance and abuse. But our universities and mass media, entranced by power and naively believing that global capitalism was an unstoppable force of nature, rarely asked the right questions or gave a prominent voice to those who did. Our elites hid their incompetence and loss of control behind an arrogant facade of specialized jargon and obscure economic theories.

The lies employed to camouflage the economic decline are legion. President Ronald Reagan included 1.5 million U.S. Army, Navy, Air Force and Marine service personnel with the civilian work force to magically reduce the nation's unemployment rate by 2 percent. President Bill Clinton decided that those who had given up looking for work, or those who wanted full-time jobs but could only find part-time employment, were no longer to be counted as unemployed. This trick disappeared some 5 million unemployed from the official unemployment rolls. If you work more than 21 hours a week-most low-wage workers at places like Wal-Mart average 28 hours a week-you are counted as employed, although your real wages put you below the poverty line. Our actual unemployment rate, when you include those who have stopped looking for work and those who can only find part-time jobs, is not 8.5 percent but 15 percent. A sixth of the country is now effectively unemployed. And we are shedding jobs at a faster rate than in the months after the 1929 crash.

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punditman says...The article posits that if the Obama administration doesn't change course--and fast--America is headed towards becoming Weimar Germany. And we all know what followed. So will we see skyrocketing inflation followed by some sort of crypto fascism? Things are not getting better, and that is why Peacenik is practicing his survival skills for two weekends in a row. And that is why Punditman is worried. Is this what America's near future will look like? Scary stuff--and not just for America.