A fact about incomes in America you may not believe

Income growth for the bottom 90% in America since 1966 is... $59

We've all seen these statistics before in one form or another, but David Cay Johnston does an excellent job going into more detail...

As he correctly notes, when things get extreme like this, you end up with serious social unrest...

However, I would take exception to Mr. Johnston's conclusion that the root problem is the tax system.

While I do not for one moment deny that the oligarchs game the tax system to provide loopholes for themselves, this is not why the 1% of 1% has taken all the wealth of the nation.

This is much more related to the Federal Reserve and its policies of printing trillions of money out of thin air and distributing it to the oligarchs, either directly or through low interest loans... The Federal Reserve is the core cancer of the entire thing and they must be stopped.

Some excerpts below:

The average increase in real income reported by the bottom 90 percent of earners in 2011, compared with 1966, if measured at one inch, would extend almost five miles for the top 1 percent of the top 1 percent.
Remember, we got off the gold standard in 1971, after which the Federal Reserve could print as much as they wanted and distribute it wherever they wanted… and they have...

[link to libertyblitzkrieg.com]