Is the American middle class in the cross hairs of a plot to loot our wealth?

So in this September DU post by Ghost in the Machine about the crashed CIA drug plane I came across a very interesting response by AikidoSoul (#155) about his/her time in Honduras. A snippet about the deliberate devaluation of the Honduran currency caught my interest:



A little research tells the story further…

From a 1986 exchange between then Honduran Ambassador and neo-con criminal scum John Negroponte and Edward R. F. Sheehan of the New York Review of Books:



And this... from a 1985 report by the Heritage Foundation, clearly not aware that they were spilling the beans on what would become a major U.S. Banking industry assisted looting of the Honduran middle class:



So my question - in light of recent predictions of between a 50% and 90% decline in the U.S. Dollar, and in light of the fact that all the same clowns are pulling the strings - are we seeing the same set-up by the same players for the same game? And this time is it us – the American working and middle class – in the cross hairs?

The American people are merely a commodity to the power brokers. Do you really think they give a damn about any of us? Greed trumps everything.

:(

and they are raiding the Pension funds and bankrupting them

and causing Americans to not have any place to go with their money except lose it

its all a shell game

but the big banks will just get out of Dollars and ultimately be fine even though they caused this shit.

All we'll have left is our guns and ammunition. What ever will we doooooo?

I hear Bush is going to move to a 900,000 acre ranch in Paraguay. Let's see... That's 1406.25 square miles that will need to be de-foliated and sewn with land mines. Let's hope he gets it done while his security costs on the US tax payer.

:wtf:

I thought they'd been wiped out ... I think they almost are at this point.

salary. Too bad I'm now paying 2007 prices with it. Gas was $0.59 per gallon, a good mid-sized new car was $5000, my rent on a 2 bedroom apt was $310 for a really nice one. Gawd, I miss those fiscally irresponsible Democrats! :sarcasm:

We've been trying warn them that this is how the game is played for many years, but the sheep never want to acknowledge that they have become mutton. They always have that shocked yet sad look when they start to smell the blood.

The short answer is not yes but HELL YES....

Reagan/Bush 1 destruction of the safety net: Bush II destruction of the middle class. Bye bye America hello fascism.

STILL refuse to accept the growng evidence.

And the General Population of the Imperial Subjects of Amerika...98-99.95% (somehwer in that range) remain utterly clueless about where this is and must lead.

Just like the 1930s Germans.

But that would require an independent, investigative media to -- oh, look, the new American Idol is on!

:banghead:

We're bleeding out in Michigan.

Code Blue!

in now their policy to attack and destroy Americas so they can possess unchecked power and wealth like the Latin American brutal tyrannical dictators they love so well.

duh!

During that period (1983), an officer who had just returned from Honduras came to me with a concern that there were shenanigans going on with currency exchange. All officers and staff traveling there were given cash advances in Dollars but when they arrived in Tegucigalpa, the Chief of Station would take them to a store owned by the brother of the chief of the Honduran military and they were told to exchange their Dollars for the local currency at the official exchange rate which was no where near the black market rate. The locals wanted to be paid in dollars because everyone knew what was going on with the ruling class moving all of their money offshore.
I reported it to the Inspector General's office but they came back and said they found no facts to base my claim. It later came out in the news with a picture of the store front where the money was being exchanged. Management was obviously complicit in the dealings.

Let me know if you're interested in some wallet size versions for the kids...

:eyes:

As long as we have bread and circuses, the rich can enjoy their wealth, but if they hog it all, the masses will be paying attention to them. The rich getting too rich while the poor get too poor brings on revolutions. The poor are too numerous in that instance. The rich require rather than we have just enough to keep us from noticing - we have to be comfortable enough - maybe that's why they allow for it, who knows?

If people can't afford cable and don't have ipods or the internet, they might have nothing to do but plot against the rich.

the ultra rich? What if they simply plan to move on to another part of the world to continue their exploitation? What if they think a bit more "social control" will mange any dissent when things go really south? Just sayin'.

get all they can.

Who do you think they'll tell the freepers and other morons about this when it all comes down?

How funny... you get laughed at for meticulously explaining the details and signs, but then after the worst of your predictions come true, they cry, "Why did no one tell us this could happen? Why didn't anyone DO anything?!?"

Damn morons.

It started with Nixon.

Then Reagan.

Then Bush I.

Now Bush II.

It's really a wonder there is any middle class left.

...as November reports show the price index rose 8/10 percent for an annualized rate of 10.1%.

Just watch those savings go up in smoke as the middle class struggles to make ends meet.

Spending uncontrollably on oil and gas, taking out loans they can't afford. We are and have been living beyond our means and we'll pay for it in the very near future.

We're easy marks.

the food chain. Mice and other small critters don't satisfy the hunger pangs anymore.

small business owners, unsophisticated stock market investors, etc. There's still a fat pile of loot to be had there IMO.

as a matter of course in order to keep the wealthy asskissers in office and screw the middle and lower class out of everything they could possibly have. Does no one read Greg Palast???/ jebusonatricycle, the government of the u. s. of a doesn't give a rats asss about the progress of countries toward democracy, they want to tread on those countries, they want the resources and the futures of them. Democracy is to be a vote that counts by the people, how many assassinations have to happen to those legally elected representatives before we all realize how much blood is on our hands?

but is the exact same now being done here, albeit without the need for IMF or World Bank?

Has the Federal Reserve done it (deliberately?) by overprinting and lending Dollars?