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Forum Post: "The Way The Eagle Shits" A Short Documentary

Posted 2 years ago on April 6, 2012, 7:55 p.m. EST by hutenant (0)
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Attached is a link to a short documentary (10 minuets) “ The Way The Eagle Shits” that had been produced in the early “70’s apiece I recalled from my youth, which happens to apply to today’s circumstances, that of the 1%’ers… I was hopping you could pass it on to whom ever you believe will get a kick out of it, as I believe you will. It’s rather strong stuff. Al at the time had seen an issue where most had not, though back than it was the 20%’ers and not that of the 1% as times have changed for the worst. I had contacted his son Marc in hopping it may be available, and behold. The Film has been censored shortly after its release from all Public Libraries, as it was not receive well amongst the hierarchy, as you’ll see. If there’s any thing I could do in furthering the cause I’m at your disposal. I Remain, Joe Moran

http://youtu.be/uskyjAOju58

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[-] 1 points by economicallydiscardedcitizen (761) 2 years ago

The phrase 'The Eagle Shits' for those who don't know is a colloquialism for the salary of anyone working for the government and also for 'the man' who is not among the so called 'elite.'

In the end, we're all being 'economically raped' and 'economically discarded.'

He're's further reinforcement of these truths:

http://blog.ml-implode.com/2012/04/u-s-standard-of-living-has-fallen-more-than-50/ About the Author

Jeff Nielson is the writer/editor of Bullion Bulls Canada. He came to the precious metals sector as an investor in the middle of last decade, and quickly decided this was where he wanted to focus his career. Jeff's background includes four years of Economics at the University of British Columbia, before he went on to earn his law degree from that same institution. See All Posts by This Author

U.S. Standard of Living Has Fallen More Than 50% April 2nd, 2012 • Related • Filed Under 5

Originally appeared at http://www.bullionbullscanada.com/us-commentary/25308-us-standard-of-living-has-fallen-more-than-50 In writing about the relentless collapse of Western economies, I frequently point to “forty years of plummeting wages” for Western workers, in real dollars. However, where I have been remiss is in quantifying the magnitude of this collapse in Western wages.

On several occasions I have glibly referred to how it now takes two spouses working to equal the wages of a one-income family of forty years ago. Unfortunately that is now an understatement. In fact, Western wages have plummeted so low that a two-income family is now (on average) 15% poorer than a one-income family of 40 years ago.

Regular readers will recognize the chart below on U.S. average wages:

[courtesy of http://nowandfutures.com/index.html -- Click to expand]

Using the year 2000 as the numerical base from which to “zero” all of the numbers, real wages peaked in 1970 at around $20/hour. Today the average worker makes $8.50 hour – more than 57% less than in 1970. And since the average wage directly determines the standard of living of our society, we can see that the average standard of living in the U.S. has plummeted by over 57% over a span of 40 years.

There are no “tricks” here. Indeed, all of the tricks are used by our governments. The green line shows average wages, discounted by inflation calculated with the same methodology for all 40 years. Obviously that is the only way in which we can compare any data over time: through applying identical parameters to it each year.

Then we have the blue line: showing wage data discounted with our “official” inflation rate. The problem? The methodology used by our governments to calculate inflation in 1975 was different from the method they used in 1985, which was different than the method they used in 1995, which was different than the method they used in 2005.

Two obvious points flow from this observation. First, it is tautological that the only way in which data can be compared meaningfully is to use a consistent methodology. If the government thinks it has improved upon its inflation methodology, then all it had to do was take all of its old data and re-calculate it with their “improved” methodology. Since 1970 there is this invention called “computers” which makes such calculations rather simple.

This brings us to the second point: the refusal of our governments to adopt a consistent methodology in reporting inflation statistics can only imply a deliberate attempt to deceive, since it is 100% logically/statistically invalid to simply string together disconnectedseries of data – and present it as if it represents a consistent picture. More specifically, we can see precisely what lie our government was attempting to get us to believe.

Roughly speaking, the blue line trends flat. Thus, our governments have been lying about inflation for the last 40 years as a deliberate means of hiding the 57% collapse in our standard of living. Meanwhile, the situation is more than reversed if you’re one of the fat-cats at the top. While average American workers have seen their wages plummet by 57% over the past 40 years, in just 15 years(1992-2007) the 400 wealthiest Americans saw their incomes rise by 700%.

Now we have the complete picture: wages grinding steadily lower year after year, decade after decade for the Little People, while wages go straight up for the fat-cats. To say this is “unfair” would rank as one of history’s greatest understatements. This is economic rape, plain and simple.

[-] 1 points by economicallydiscardedcitizen (761) 2 years ago

And Nothing Has Changed! Thank you for sharing what has got to be the most concise synopsis of the status quo that remains as then, unchanged but for new technology and the means to disseminate information to a broader audience.

Every citizen needs to see this important video that says it all in just under 11 minutes-WoW!

[-] -1 points by lisaCobamarules (2) from New York, NY 2 years ago

this is great news cuz it shows Obama will have easy win this year. it will be good to have our same Commander in place for war in Iran. Obama is much more warrior then Romeny. Romeny will just lose war and have low kills.