03/07/2015
H/T ZeroHedge (click to enlarge)
I strongly recommend to everyone the dissident financial webzine ZeroHedge. It is willing to name names.Also to provide great charts. Why The "1%" Hates The Gold Standard Taylor Durden 02/20/2015 argues that the huge wealth transfer over the last generation was due to the abandonment of the gold exchange standard in 1971.
I do not agree. To me the chart above demonstrates the impact of the 1965 immigration Act disaster on unPlutocratic Americans. But it is a valuable graphic.
There have been signs that ZeroHedge has got the Mat Taibbi message on immigration. But the data they originate is frequently very pertinent.
See
Worst Youth Unemployment in 64 Years: Remember Immigration Impact
and
U.S. Hourly Compensation Falls Most Ever? Gang Of 8 Says Flood Labor Market!
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