Message:

<p>[QUOTE=&quot;Rono, post: 1137188, member: 6492&quot;]Hi folks,</p><p>&nbsp;</p><p>A couple of things the Per Foundation released a study last year that has the distribution of wealth in america the worst it&#039;s been since Jamestown.&nbsp; </p><p>&nbsp;</p><p>The very rich are getting rich and the middle class is being eliminated.&nbsp; What we&#039;re witnessing is the genocide of the middle class in america.&nbsp; &nbsp;&nbsp; </p><p>Two to the larger contributing factors have been the loss of so many manufacturing jobs and the rising cost of higher education.&nbsp; These used to be paths to the middle class life.&nbsp; They&#039;re overgrown these days.&nbsp;&nbsp; </p><p>Unemployment 10%?!?&nbsp; Count the discouraged and underemployed and try 22%.&nbsp;&nbsp; </p><p>There are also two different economies in america - the Economy of Yes and the Economy of No.&nbsp; </p><p>&nbsp;</p><p>In the Economy of Yes, you and the spouse have jobs with benefits, the house is paid or on a long term low rate fixed mortgage, you&#039;ve got a pension, 401, IRA, savings, some stocks, the kids are in college and things are pretty decent.&nbsp; &quot;Another glass of wine?&quot;&nbsp; </p><p>&nbsp;</p><p>Ah, but in the Economy of No, you lost your job making vacuums 6 years ago when they went overseas.&nbsp; You worked a few years building houses until that market collapsed.&nbsp; You&#039;ve been drawing unemployment but your benefits have run out.&nbsp; You had to cash in your pension and 401 and savings to pay the mortage but you&#039;re still behind and trying not to get foreclosed.&nbsp; Wife has a job making $10 at Walmart but neither of you have insurance.&nbsp; Daughters pregnant and your boy is on drugs.&nbsp; Life sucks.&nbsp; &quot;Can I have one of those beers?&quot;</p><p>&nbsp;</p><p>What&#039;s really sad is the so many of the former have no idea the latter even exist.&nbsp; You listen to the Kudlows and Cramers on CNBC and good God, could things get any better?!?</p><p>&nbsp;</p><p>What scares me is that no country has ever survived without a viable and growing middle class.&nbsp; Never.&nbsp; </p><p>&nbsp;</p><p>peace,</p><p>&nbsp;</p><p>rono[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in