“In 1965, a corporate chief executive on average made 20 times as much as their company’s typical worker, according to the Economic Policy Institute. Today, these CEOs make on average 320 times as much as their typical worker. Homeownership, a prominent marker of the bourgeoisie, is at a half-century low. Freddie Mac’s 2019 housing survey found nearly 40 percent of renters expect to never own a home—this up from 23 percent just two years earlier.”

                                                            – Pedro Gonzalez, Chronicles Magazine

In news that will be shocking to absolutely zero people that aren’t afraid of the word “populism”, the top 1% of U.S. earners now hold more wealth than all of the middle class. As Bloomberg Wealth reports, “The middle 60% of U.S. households by income — a measure economists often use as a definition of the middle class — saw their combined assets drop to 26.6% of national wealth as of June, the lowest in Federal Reserve data going back three decades. For the first time, the super rich had a bigger share, at 27%.” If you want to know why the Globalist American Empire hates the word “populism”, well, here’s your answer. And, as Tucker Carlson wrote in Ship of Fools: How a Selfish Ruling Class Is Bringing America to the Brink of Revolution, “A vibrant, self-sustaining bourgeoisie is the backbone of most successful nations, but it is essential to a democracy. Democracies don’t work except in middle-class countries. In 2015, for the first time in its history, the United States stopped being a predominantly middle-class country.” 

That’s why our boy Steve “Based” Bannon keeps sounding the alarm with battle cries like the following:

“Here’s the one thing about the Democratic Party that you have to understand. I want to tax the super wealthy a lot and one of the reasons is [that] they’re the supporters of the Democratic Party. All the woke capital, all the woke corporations, these Wall Street guys are 100% Left-Wing Progressives. Most of them atheistic, materialistic Cultural Marxists. They’re state capitalists because they always want to rig game. It should be tax cuts only for the working class and the middle class. The super wealthy should be taxed a lot.”

If Bannonism doesn’t get a seat at the table, do you honestly believe that current trends won’t continue? Whatever your answer is, you know it’s the last thing the Globalist American Empire ruling class wants to talk about.

In the meantime, read more here and watch Bannon’s prescient warning, Generation Zero (2010), here.