Hour 1: Who is Demolishing America’s Middle Class? - a podcast by Jay Taylor

James A. Otto and Dr. John Coleman are our main guests this week. Otto visits for a first time. He will talk about how America is exporting higher paying jobs and what can be done about it. With the loss of higher paying jobs has come a decline in the middle class. Is corporate America responsible for the exodus of foreign jobs and the continuing demolition of the middle class? Or, might it be due to a growing unholy alliance of big business and government, which passes laws that are kind to the major banks that own the Federal Reserve and corporations that fund the campaigns of our politicians and thus gain legal favors? Might Nixon’s demolition of the dollar in 1971 by detaching the Greenback from gold have played a role in reallocating wealth from those who create it—the miners, manufacturers, farmers and inventors—to those who control the system, namely policy makers and bankers? Both Mr. Otto and Mr. Coleman should be able to shed some valuable light on this subject.

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