90% of Americans Earn Less Than 1950 Minimum Wage Standard

**Captain Six** · 03-07-2013 09:07 AM

This is the introduction to a recent piece hosted on my site. Please visit the link to get the full article with all of the inline links, images, and video in the original format. Just easier to read it there in the original format, but feel free to quote it and reference it freely in discussing the contents here. And thanks for having a read, I hope you enjoy...

90% of Americans Earn Less Than 1950 Minimum Wage Standard

The good ol' days. We always hear about them from our parents and grandparents. Some of us were there and still look back with fond nostalgia to the heyday of American capitalism. The 1950's defined the American ideal. We had emerged from World War II as the richest, most powerful nation on the planet, and we were ready to cash in on our victory.

There was a suburban home with a white picket fence, a new car built from American steel sitting in the driveway, a regular 9-to-5 job, good schools for your children, and a good wife who managed the homefront with aplomb and a fresh baked apple pie. The American dream was not just a television show in black-and-white television re-runs, that was how we actually lived. It was a way of life that was attainable for just about anyone willing to work hard, and work hard we did.

Our parents and grandparents were no slackers. They had paid their dues through the most destructive war mankind had ever known, they had struggled through the misery of the Great Depression before that. They were grateful to be rewarded now with an honest day's pay for an honest day of work, and spiteful of those godless Communists who could promise only drudgery. Our own social contract worked out just fine. Our obligations to our neighbors and to our country were tempered by the personal liberty prescribed in our nation's Constitution. The harder we worked, the better life would be, and there were no free rides for anyone. The promise of freedom was never more clear. Each man would be made or broken on the basis of his very own efforts. And for the time-being, it was upheld by a government we still believed was for the people and by the people, serving the interests of the people.

Read more: http://stationsixunderground.blogspot.co...z2MpbsdgnS

**Captain Six** · 03-08-2013 09:39 AM

**Kreeper** · 03-08-2013 03:01 PM

We make less and spend more. It was the only way to build a credit based society.

**JayRodney** · 03-08-2013 05:00 PM

The current system is unsustainable. Creation of money through debt only works as long as there is no country that backs it's money with gold, platinum or other PM's and/or tangible assets.
When that happens, the faith based fiat system will have run it's course.
Game over.

**Captain Six** · 03-08-2013 10:52 PM

Money as debt, you know the video.

**Octo** · 03-08-2013 10:56 PM

(03-08-2013 10:52 PM)Captain Six Wrote: Money as debt, you know the video.

I posted it on some other thread just a couple of days ago. Good video.

03-09-2013 06:21 AM

i made 8600 dollars last year before taxes! had to quit e recent job because gas was too expensive to spend 10 a day to get to work and then deliver pizza for 5 dollars an hour. Wow never thought id see that day ever makin less than minimum wage and having to use my vehicle! you all are insane ! thanks alot

**JayRodney** · 03-09-2013 06:26 AM

Damn, that's just sad.

**Captain Six** · 03-09-2013 10:59 AM