boomers-americas-new-slave-labourThe article featured below did not at first appear to have much to do with Baby Boomers, but the more we thought about it, the greater correlation we began to see.

Workers 40 and over are struggling to hang on to jobs against an onslaught of younger employees with updated skills and a willingness to work for less, H1B visa holders who are essentially low wage slaves, and the never ending army of cheap, educated, skilled foreign workers in low wage countries.

Older workers are increasingly being laid off, downsized, out sourced, right sized, disintermediated, let go, fired and early retired. Once you hit 40, chances of getting another job, let alone a good one, are slim. Sure, there are laws protecting you from age discrimination, but like most laws, rules and regulations, they don’t really work.

It doesn’t take long to burn through unemployment compensation, savings, 401ks, IRAs or pensions. Those lucky enough to have home equity can of course sell, but as many are discovering, it doesn’t take long to blow through that too. Are you prepared to live on Social Security, that is if you’re fortunate enough to be 62 or older?

Boomers who just a short time ago thought they were set for retirement are now finding themselves unemployed and spiraling down toward the street. It’s a frightening prospect.

Is all this just an accident, is it simply fate, is it just the way things are, or is this part of a well organized effort by corporations and government to reduce costs by pushing older workers into America’s rapidly expanding prison labour gulag?

Cities are increasingly ‘criminalizing’ homelessness. Street urchins are being rounded up and offered room and board at FEMA’s new camps in exchange for ‘volunteering’ their labour.

Sound like some wild, crazy conspiracy theory? You might want to catch up on your reading before this becomes your dystopian future.

There are three type of prisons inside the United States. There is the one that the people see. In this instance, the prison works in conjunction with legal authorities and their activities are transparent. A second type of prison system is the privatized system which has degenerated into a system of slave labor which benefits Wall Street with free labor. The third type of prison is a FEMA camp for political prisoners. The Government admits to two such facilities and they call them Communications Management Units. The latter operates under the auspices of the NDAA.Read more…

 

Related Articles:
The Increasing Cost of Labour
Social Security Meltdown
The State of American Retirement
 
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