Foreigners own 40% of the U.S. corporate equity market. An analysis of the Federal Reserve Consumer Finances report shows that in 2019, the top 1 percent of Americans in wealth controlled about 38 percent of the value of financial accounts holding stocks. Widen the focus to include the top 10 percent, and you’ve found 84 percent of all of Wall Street portfolios’ value.
Corporations enjoy more legal benefits than American citizens and pay drastically less in federal taxes. The IRS only goes after the working poor, ultra-capitalists have captured government agencies, and for-profit companies decide America's childrens' quality of life at board meetings.
Wall Street-controlled tech and financial companies use science and innovation to manipulate people and the economy to benefit private shareholders. The U.S. Military has chosen to wage an unconstitutional war of spying on American Citizens through the NSA while being supported by shareholder-owned telecommunication companies.
The Federal Reserve reports that since 1989 the top 1% of wealth holders in the country increased their share of the U.S. economy by 8%, while the American Working Class has lost 8.9%. Additionally, the 1% grew their wealth by $33.71T (687%), while the American Working Class grew theirs by $29.21T (357%) within the same timeframe.
Inflation has increased by over 2,500%+ since the Federal Reserve was created and has crippled the American Working Class's purchasing power in the open market. $1 in 1913 was worth $25.88 in 2019, with inflation increasing every year. An indirect tax that can only be afforded by the wealthy.
COVID-19 has shown the U.S. State and Federal Governments will exercise absolute authoritarianism under the disguise of public health to destroy small and independent businesses while providing corporate welfare and unique benefits for Wall Street corporations and their financial supporters. The top 1% saw their wealth increase by $637B during the height of COVID-19. Simultaneously, the American Working Class was forced out of work and into dependency on broken social welfare systems paid for by their labor and taxes.
63% of Americans have been living paycheck to paycheck, while 80% of Americans have debt. More than 13% of American adults -- or about 34 million people -- report knowing of at least one friend or family member in the past five years who died after not receiving needed medical treatment because they could not pay for it.
52% or 150M+ Americans openly identify as Democrat or Republican. 155M Americans voted for the Democratic and Republican party candidates in the 2020 election. Over $12B was donated to ensure the Democratic and Republican parties' continued operations in the 2020 election cycle alone.
While many groups, organizations, and corporations have sprung up to take on individual aspects of the system, there has been no movement or organization designed to take on the system as a whole and succeed, until now.
An economic union controlled by the American People can successfully liberate the United States from the Democratic and Republican parties and the international banking industry restoring economic freedom to the American People and removing private banking ownership of the national economy.
A directly democratic organization that responds to the demands of its members giving each individual a vote or voice in how the organization, economic union, and The Collective Movement is ran and the actions it takes economically and politically.