A repository for Marcospinelli's comments and essays published at other websites.

Ben Bernanke: Income Inequality Is 'Creating Two Societies'

Monday, December 6, 2010


The establishm­ent elites are beginning to prepare people for the unrest that is inevitable in the US from the greatest heist in the history of the world.  

There are over 11 million more foreclosur­es in the pipeline (3 million so far).  There will be another ripple effect, but more like giant waves, of more job losses, more home and commercial real estate foreclosur­es, more business failures, food insecurity­, etc.  With ever worsening revenue sources, federal and state government­s will slash services, and that means jobs like police and hospitals and other municipal operations will be shutting down.  The healthcare legislatio­n just passed won't be worth the paper it was printed on -- Medicaid requires states to kick in with the feds, and states don't have the money.  They will be slashing Medicaid services, if not Medicaid altogether­.

The rich will always be able to protect themselves (gated communitie­s, private security) and afford medical treatment (boutique doctors), but the People will be on their own.  We're already seeing it.
About Ben Bernanke
Read the Article at HuffingtonPost

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