62 Million Americans Have Zero Or Negative Net Worth
62 million Americans have zero or negative net worth. Wow. Think about that for a second.
These are hard working people. They made good decisions. They did not take massive risks. Deregulated markets were going to provide the ways and means, they were told.
But a decade of unparalleled financial thievery and corruption, of artificially inflated commodity prices, we now have millions displaced from their homes through a rotten and perverted mortgage market, all the worse because of the crimes of the modern financial elite.
Take your pick: from bribery and insider trading and market manipulation, to backroom dominance of government and the usurping of the regulatory structure from within, the 50-headed hydra of Wall Street corruption simply can’t be seen by the public or put on TV.
So what do people do? They pick on a myth. Are 62 million people lazy? Should they just “get a job” to make it better? When the real evil is clearly the banks, certain types vindictively want to pick on their fellow man, the 99%, and place blame on them. For not struggling enough? For not having 3 or 4 jobs which still are not enough?
The point is we should not all be struggling. The system played us all. It’s time to change the system.
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