Tag Archives: American Dream

From American Dream to American Nightmare, by Jim Quinn

How did America go from the land of opportunity to the land of crybabies, grifters, rampant corruption, fake money, and UBI? From Jim Quinn at theburningplatform.com:

For most of the ninety years since James Truslow Adams coined the term American Dream, most Americans still believed the fairy tale of the American Dream, that no matter how humble your beginnings, everyone had a fair chance to become a success in America, based upon your individual talent, intelligence, work ethic and a society that rewarded those who exceled. Sadly, that dream is no longer achievable for most Americans. Our society has devolved into an oligarchy since The Epic of America was published in 1931, where a powerful few rule over a willfully ignorant many through propaganda, mistruth, fear, and an iron fist.

Amazon.com: The Epic of America eBook: Adams, James Truslow: Kindle Store

“But there has been also the American dream, that dream of a land in which life should be better and richer and fuller for every man, with opportunity for each according to his ability or achievement. It is a difficult dream for the European upper classes to interpret adequately, and too many of us ourselves have grown weary and mistrustful of it. It is not a dream of motor cars and high wages merely, but a dream of social order in which each man and each woman shall be able to attain to the fullest stature of which they are innately capable, and be recognized by others for what they are, regardless of the fortuitous circumstances of birth or position…

The American dream, that has lured tens of millions of all nations to our shores in the past century has not been a dream of merely material plenty, though that has doubtlessly counted heavily. It has been much more than that. It has been a dream of being able to grow to fullest development as man and woman, unhampered by the barriers which had slowly been erected in the older civilizations, unrepressed by social orders which had developed for the benefit of classes rather than for the simple human being of any and every class.” – James Truslow Adams – Epic of America – 1931

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Hispanic Mother Turns to Trump and Destroys Entire Liberal “Victim” Narrative in Just Minutes

This is what the American dream is all about.

The American Dream is Being Held Hostage, by Virginia Fidler

The American Dream isn’t being held hostage, it’s been mortgaged. From Virginia Fidler at goldtelegraph.com:

For the first time in its history, the U.S. is seeing a budget deficit in excess of $1 trillion. And this deficit is expected to continue to grow. At a time when the U.S. economy is booming, the national debt is experiencing new heights, with no end in sight. A spiraling budget deficit will likely send inflation soaring. Never before has the U.S. deficit skidded out of control while the economy is in the midst of an upward swing. It is not a good sign.

President Trump favors tax cuts, while a large baby boomer generation is expecting its Medicare and Social Security benefits. Baby boomers started turning 65 in 2011, and the number of boomers retiring will grow to 35 million during the next three decades. The younger, working generation will only grow by 28 million, but will carry the burden of paying for the Social Security and health care benefits of the older generation. With boomers expected to live longer than previous generation, there will be a growing population expecting payments for a longer period of time. Social security and Medicare and other healthcare programs will are responsible for 100 percent increase in government spending with the exception of interest payment on the national debt. The burden of paying for these expenditures will fall on a generation that is seeing its American dream faltering before its eyes.

Are we facing a potential economic crisis?

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The “American Dream” is Over–and Voters Know It, by Charles Hugh Smith

From Charles Hugh Smith at oftwominds.com:

If the American Dream depends on skyrocketing debt built on a weakening foundation of stagnant productivity and income, then it is indeed over.

Despite a ceaseless propaganda campaign declaring all is well with the U.S. economy, the Status Quo is fragile–and voters know it. Not only do they know the economy–and their financial security–is one crisis away from meltdown, they’re also fed up with all the official gerrymandering of data to make the economy appear healthy.

The Economy Is Better — Why Don’t Voters Believe It?

The American Dream–characterized by plentiful jobs offering living wages, security and opportunities to get ahead–is over, and voters know this, too.People are realizing the U.S. economy has changed qualitatively in the past 20 years, and claims that it’s stronger then ever ring hollow to people outside Washington D.C., academic ivory-towers and ideologically driven think-tanks.

Many econo-gurus lay the blame for the Great Depression on the Federal Reserve tightening too soon, or not loosening credit enough, but this is nonsense: The Great Depression was the result of credit/borrowing (i.e. debt) outrunning the foundation that supports debt: productivity and income.

Piling more debt on a base that isn’t expanding fast enough to support skyrocketing debt leads to a collapse of the feebly supported debt: borrowers default, asset prices crash as buyers vanish and lenders go bankrupt as the assets held as collateral are repriced.

To continue reading: The “American Dream” is Over—and Voters Know It