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Edited on Thu Oct-06-11 04:11 AM by Occupied1
ulation.
While the
attacks have been increasingly severe in
scale over the past four years, they have
been implemented with technocratic
precision.
They have been incrementally
applied thus far, successfully keeping the
population passive and avoiding any largescale
civilian unrest, while effectively
reducing living standards for the majority of the population.
As you will see in this
report, the 55 million Americans that have been hit the hardest have thus far acquiesced
due to temporary financial assistance, such as food stamps and extended unemployment
benefits.
The global Economic Elite have been much more strategic in handling the American
public, as they are potentially the greatest threat to their continued consolidation of
wealth, resources and power. National populations that are not as powerful, and on the
periphery of the Economic Elite’s global empire, have been dealt with in much harsher
fashion.
Snapshot: According to most recent Census Bureau data, from 2005 – 2009, average US
household wealth declined by 28%. This represents a loss of $27,000 per household.
Currently, at least 62 million Americans, 20% of US households, have zero or negative
net worth.
While 68.3 million Americans struggle to
get enough food to eat and wages are
declining for 90% of the population, US
millionaire household wealth has reached
an unprecedented level. According to an
extensive study by auditing and financial
advisory firm Deloitte, US millionaire
households now have $38.6 trillion in
wealth. On top of the $38.6 trillion that
this study reveals, they have an estimated
$6.3 trillion hidden in offshore accounts.
In total, US millionaire households have at least $45.9 trillion in wealth, the majority of this wealth is held within the upper one-tenth of one percent of the population.
If all this isn’t obscene enough, to further
demonstrate how the global economy has
now been completely rigged, Deloitte’s
analysis predicated, based on current
trends, that US millionaire households will
see a 225% increase in wealth to $87.1
trillion by 2020. Accounting for wealth
hidden in offshore accounts, they are
projected to have over $100 trillion in total
within the next decade.
The highest bracket for annual income is
$50 million or more. Only 74 Americans
are in this elite group. The average income
within this category was $91.2 million in
2008. As astonishing as that is, in 2009
they averaged $518.8 million each, or
about $10 million per week. This means,
in the depths of the recession, the richest
74 Americans increased their income by
more than 5 times within this one year. These 74 people made more money than 19
million workers combined.
In context, overall, the richest 400 people in the US have as much wealth as 154 million
Americans combined, that’s 50% of the entire country. The top economic 1% of the US
population now has a record 40% of all wealth, and have more wealth than 90% of the
population combined.
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