1. Inflation
2. Public Funding of Elections
3. Propaganda Machines
4. Private Taxation
5. Sports Team Magic Accounting
6. College Hyper-Inflation
7. Bogus Advertising
8. History
9. Insiders Know
10. Prognosis
11. Summary

Decapitalism: Capitalism as a Victim of Identity Theft.

Wall Street has hijacked the terms and tools of capitalism to oppositely cause bankruptcies and unemployment, that is, decapitalize businesses and decapitate jobs. As a result, in one generation, the American Muddled-Class has lost 90% of its pensions and retirement with no reversal of fate in sight. In 1980, the average retiree had almost in $300k in corporate-defined benefits. Today, about $100k in a roller coaster 401k which is about $30k in 1980 buying power. Then, we watched and worried about our children with little concern about the clocklike monthly pension check. Now, we daily watch and worry about our portfolio with kids ignored or abused. How did this happen?

401ks are the biggest bank robbery in history. Using stock options and IPOs, Wall Stealers transfer the savings and pensions of the American Muddled-Class into the pockets of corporate insiders. When a corporation pays insiders with stock options, the recipient sells the stock into the market. In effect, the corporation has printed money since stock opters readily take money from pensions and savings. Does the stock opters' money go into production? No, usually M&M's, that is, mansions and mistresses. Do stock options reward success? Sometimes. Most corporate pre-nuptials guarantees a golden parachute no matter what. Who pays? The Muddled-Class.

Counterfeiting currency is producing paper with no value. Stock options are a form of counterfeiting since the overall value per share drops as stock options are generated. If Joe Six-Pack prints counterfeit stocks for sale to the public, he goes to jail. But, if you first filter the counterfeits through insiders as stock options then it is legal rather than illegal thievery. In both cases, no money goes into workers' jobs or production. In both cases, insult to injury comes in the form of inflation as more money chases fewer goods and services.

Worse than individual stock options are IPOs that are gang-bang stock counterfeiting. For upfront pennies to start-ups, venture capitalists receive dollars in stock options. On the IPO day, "investment" banks coordinate the sale of some of this venture stock into pension funds. After the IPO day, the stock's market value drops as the insiders regularly bleed more stock into the market by sale or donation.

If one is honest with one's words, Wall Street banks should be called "divestment" banks. Workers are divested of their savings, pensions and retirements. Investment is one of those terms of capitalism hijacked by nefarious financiers. Investment banks is another hijacked term of capitalism.

For divestors of the Muddled-Class, 401ks are the gravy train. Easier to raid pensions than organize a new US Steel or GM to complete in the global economy. A comparison of business school curriculums today and fifty years ago shows the classroom shift to easy money via Insiders Phooling Outsiders. Business schools foster economic thieves for hire.

Monetary inflation is "more money chasing the same goods and services." Decapitalism inflation is more stock chasing and claiming the same corporation with an inevitable inflationary cheapening of the stock market price. Based on the cradle-to-grave analysis of venture funding, the insiders should be called venture decapitalists. However, vulture capitalists will do.

As noted initially, Wall Street hijacked the terms and tools of capitalism. Clearly, stock options and IPOs are not used to increase capita at work. The worst IPOs are the hypocrisy found in private equity and hedge funds buying and flipping corporations into pensions via IPOs: How can a long existing corporation be "initially" offered? Seagate drives has been flipped four or five times. Michael Dell expressed that taking his computer company private would allow him to use a later IPO to sell it into pension funds for more than its current market cap. How is this possible? Recapitalization.

The legal crime of flipping corporations is an extreme of insider stock options. First, an analogy for clarity. If you buy a house or car, can you duplicate the title so as to sell to five or ten individuals? Nope. You go to jail. If you buy a corporation, "recapitalize" by increasing the authorized stock by a factor of five or ten, you are proclaimed a master of the universe as you take millions from savings and pensions. A sandpaper irony is how the flippers will first close down the least profitable operations (but still profitable production with capita at work) so as to proclaim improved efficiency. This like you selling a 4-wheeled car with 3-wheels as you proclaim reduced operation costs to the buyer. Or, a wrestling coach who wants to increase his team's average arm strength by whacking off the players' weaker arm.

By this writer's calculation (detailed partially below) over $50 trillion has been and is being stolen by Wall Street Decapitalists since 1980. The American Muddled-Class were promised better retirements by ownership of their savings. Problem was that the only place to place the savings was to play the market rigged by the insiders. IPOs? Insiders Phooling Outsiders. In a similar mode of marrying phrases to acronyms to reflect their true natures, MBA has two meanings: Master of Business Assassination and Master of Bankrupting America.

Prior to 401ks, production profits were tied to the worth and wealth of the corporation. With 401ks, the symbols became divorced from the substance of the corporations. Insiders became more concerned with the quarterly bottom-lines to inflate the short-term value of their stock options rather than the long-term value of the stock based on corporate performance. In effect, stock options beget "bastard" stock which, like their antecedents in human history, the father takes no claim to the well-being of these bastard offspring. Because they are divorced from the long-term health of the corporation, another name for bastard stocks would be America's Death Certificates.

The Muddled-Class did not and does not do the math. Lotteries are a tax on those who don't know math. 401ks are a tax on the Muddled-Class who igknows math. (529s are a tax on the Muddlers in the form of bloating public debt from tax-exemptions for the rich [who don't pay taxes].) The Muddled-Class spends more time weekly on sports than on planning a retirement. On Sunday, many spend more time praying than reading the business page. The Muddled-Class is learning that play and pray with no politics makes Jack and Jill desperate, destitude and demised.

While decapitalists work less and retire earlier, American workers must work ten weeks longer to have the same standard of living as in 1980. If you rob a bank of a few thousand dollar, your vacation is incarceration. If a decapitalist steals millions, his vacation is island-hopping.

Decapitalism: Systemic Rot of Our Infrastructures

1. Inflation: The ramifications of decapitalism hijacking the terms and tools of capitalism are far-reaching beyond no pensions and no retirement. The losses affect the newborn and the new graduate. One of the most immediate effects is inflation in basic essentials. Decapitalitsts have money that did not come from solving human problems. With these dollars, they bid up the cost of basic needs in part because they pay basic workers to work on their expensive homes, cars, pets, etc. It is well known that Silicon Valley IPOs have driven up the cost of homes. The tech stock opters did not pay the inflated home price--The American Muddled-Class did by buying bastard stocks. As stock opters have invaded vacation spots, long-term residents have been forced out by inflated consumer prices and residential taxes.
   
   Decapitalists invest their legal stealings abroad thus decreasing the size of the American job market. In 1990, 50% of college graduate would never work in their degree'd field despite four years of study and debt. Today, it is worse. In 2014, 90% of college graduates depended on parents for some of or all of living expenses. With decapitalism, the future will be no better.
   
2. Public Funding of Elections: Of the billions of dollars spent by Citizens United super-pacs, do you think the money comes out from under mattresses, from rusty tin cans or savings accounts? No. The American Muddled-Class bought the shares dumped onto the market, thus, we have public financing of elections. Trump's $53 million campaign loan? Cash or stocks? Meg Whitman, formerly of eBay and then of HP, cashed in $142 million of her stock to pay for a failed California gubernatorial campaign. Did she thank the members of the Muddled-Class?
   
   Hillary talks about ending Citizens United but says nothing about her promises on 401ks that she made in her speeches to Wall Street banks (which is the reason she won't release the speeches). Many proclaim her as the most qualified candidate. This is true of her family (Bill, Chelsea, Mitch, and self) being America's premiere decapitalist family. While the decapitalists won't thank the Muddlers, this writer will: Thanks for funding the corruption of politics and destruction of your future.
   
3. Public Propaganda Machines: In the run-up to the 2016 elections, the kingpin of Super-Pacs, Sheldon Addison, eliminated a burr in his side by buying Nevada's largest newspaper that had been a constant critic of him, the Las Vegas Review-Journal. Did he use operating profits or sell self-printed stocks into pensions and 401ks? Or, consider Jeff Bezo of Amazon: Did he purchased the Washinton Post for $250,000,000 from his $80,000 annual salary? Or, did the Muddled-Class buy it for him? Buying favorable propaganda includes corporate largesse in funding of public tv and radio. Previously without commercials,  PBS and NPR now won't bite the hand that feeds them.
   
4. Private Taxation: When a stock opter sells you a stock to use for his philantrophies, he has engaged in private taxation. One can see this private taxation from bastard stocks not only in foundations but in the corporate names for public venues, the Quicken Loans Arena and Wells Fargo Center. The biggest 401k thief is the Bile Guts and Malignant Guts Foundation which keeps trying to buy a Nobel Peace Prize for Bile Guts. Everyone who takes money from Bile Guts is guilty of robbing the Muddled-Class. Mark Zuckerberg was the middle-man in the $100 million donation by the Muddle-Class to Camden, NJ, schools ... which was squandered. Google founders proclaim their altruism in taking only $1 salaries ... while legally stealing billions from 401ks. Googlers giggle as they gaggle "Do no evil." Me doth think they protest their goodness too much.
   
   By using bastard stocks for campaign contributions and for donations to politicians' foundations, decapitalist get a free ride to the Muddlers' banks for private taxation monies. An irony is how the stated foundations' stated goals would not be so problematic if the foundation founders had not stolen the Muddlers' pensions and futures. And, despite expensive ceremonies, how many foundations have made lasting creative contributions to humanity? How many MacArthur geniuses can you name despite decades of genius awards? Cancerous mental masturbation is not procreative life affirmation.
   
5. Presidential Libraries: These Eygptian pyramids of American politics are dedicated to politicians who allowed America to die from the death warrants of American jobs (bastard stock). One need only look at Bill Clinton's presidential pardons in exchange for donations to his library to realize that a lot of American business is not being conducted in the Oval Office during the president's last year. In July, 2016, Obama announced selection of his billion dollar presidential library site in Chicago. When did he find time to do America's business? Was his main business soliticing millions for his library from TPP beneficiaries?
   
   It was reported Obama kept a TV on in his office tuned to ESPN. When did he have time to learn our problems to be pro-active rather than reactive mourner-in-chief. America plays, in part, because we have a presidential player-wannabee who is negotiating to buy an NBA team. When does he have time to learn and solve America's Muddled-Class problems. Or, to find a solution to international terrorism, to black-on-black crime, etc?
   
6. Sports Team Magic Accounting:  Many sports teams have been bought by decapitalists using bastard stocks, e.g., MS Steve Ballmer's $2 billion purchase of a basketball team. Did he have $2 billion in savings from his $1 million annual salary at Maggotsoft? With Muddler money, MS Paul Allen, also of Redmond, Washington, has bought his sports team (Seattle Seahawks) and built two of the largest yatchs in the world ... with your money.
   
   Here is the magic accounting per the habitual political friends of decapitalists: A decapitalist buyer can expense the purchase price of a sports  team over 20 years, that is, take 5% as a tax credit! So, the Muddlers buy the cake twice for the decapitalists. Muddlers will twice pay $2 billion to Steve Ballmer. Does the earlier claim of $50 trillion stolen from the Muddle-Class since 1980 begin to add up?
   
7. College Hyper-Inflation: Decapitalist compete as to who can donate the most to the college of their choice, e.g., in 2016, two decapitalists donated $400,000,000 to Standford and Harvard. Total donations were $40 billion in 2015, mostly from decapitalists using bastard stocks. (Does $50 trillion stolen since 1980 sound increasingly plausible?)
   
   A local state university of 30,000 students passed a $16,000,000 bond to build a new dorm while a private school of 4,000 students raised $160,000,000 from alumni, most in bastard stocks. Recipients of bastard stocks bid up the cost of professors which contributes to higher ed hyper-inflation. It is no different than drug dealers buying Mercedes and paying your Chevy mechanic more which you must match if you want to buy the mechanic's time.
   
8. Bogus Advertising: Have you ever wondered how a start-up can offer almost everything for nothing, e.g., dental, auto, legal and identity-protection? The truth is that they are not selling the advertised goods and services but the company through a forth-coming IPO. Viewers see the name repeatedly and a percentage will buy some of the IPO stocks. Business schools teach that it is quicker and cheaper to use advertising to build up a company's image than build up its inventory. Market cap is more important than market share, that is, symbols over substance.
   
9. History: The impetus and catalyst to employee ownership of their retirement has many antecedents. One was Wm. Simons, Nixon's Treasury Secretary. He put up about $300,000 in a partnership to buy the second largest gift card company (Gibson) in the 1970s. Eighteen months later, it was sold to a group of pensions from which Simon was paid some $60 million! Wall Stealers are smarter and dirtier than your average pension managers. The latter often go to work for the equity fund after the deal (like congressmen who go to work for companies for whom they passed favorable laws). Can you see the reality of $50 trillion stolen from the Muddled-Class since 1980?
   
   Consistently, Republicans have lived up to and pursued the Latin origin of their name, Rich Pubes. As Vice-President and President, George Herbert Walker Bush shepparded legislation for "employee ownership" of the retirement. His son, #43, expanded the 401k range of workers' participation. A working man voting for Res Pubers is voting rich to live poor. The biggest bank robbery in history (401ks) is an intersection of a conspiracy of greed and of a confederacy of igknowamuses.
   
   (Hillary, as promised in her Wall Street speeches, will continue trapping Americans into vanishing pensions.)
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10. Insiders Know: Corporate decision-makers know. Long ago, one of the original decapitalists, said the following: "Of course, what we were really doing, in my view, and I've thought about this a lot, was taking earnings or value that should've gone to the shareholders and bringing it unto ourselves." (Jerome Kohlberg, KKR founder, Harvard MBA). Some other examples of insiders shuffling the deck to benefit themselves as 401k thieves are as follows:
    1. Michael Dell in taking Dell Computer private for a later IPO.
    2. Seagate Drives which has been flipped, bankrupted and IPO'd many times.
    3. Netflicks tried to double its market cap by splitting the company.
    4. HP breakup by Meg Whitman is about playing with numbers so that the combined market cap is larger but production and employment is less. Where is the SEC?
    5. Google's breakup into an alphabet of subsidiaries is about padding insiders' pockets with hard to follow stock options in numerous companies.
    6. Bain Capital: Mormoney Romney's legal counterfeiter of money via stock "recapitalizaton" and 401ks.
    7. This list is just some. Hillary's son-in-law has a hedge fund for a living. Chelsea was a PR person for a divestment bank. Like most habitual politicians, Bernie wouldn't touch this 3rd rail of campaign contributions.
       
11. Prognosis: Decapitalism is here to stay until, like all cancers, it self-destructs and destroys the larger system upon which it depends. Clearly, the decapitalists don't want to lose their golden goose regardless of the cradle-to-grave death notice. Habitual politicians are not going to change it, e.g., the Clinton Clan with daddy's foundation dependent on stock donations, mommy with her Wall Street speeches, daughter with her divestment bank double-digit millions of dollars, and son-in-law with his hedge fund finangling funny figures on funny flimsies.
    
    Sadly, and tragically, neither traditional nor social media will do their part. Are Seldon Adelson and Jeff Bezos going to allow their newspaper to research and discuss the biggest bank robbery in history? No. They are poster boys for being big time legal thieves.
    
    Bezo's Amazon Web Service disconnected this writer's data processing website in July, 2016. Venture funding is behind every serious ISP. Both the operators and speculators want the big IPO bucks. They will not support public education of how 401ks steal the pensions and retirement of the Muddled-Class. In other words, those who say, don't know. And, those who upload don't last. Sisyphus is laughing at this writer.
    
    Decapitalism is here to stay until, like all cancers, it self-destructs and destroys the larger system upon which it depends.
    
12. Summary: Capitalism is equated with stocks, bonds, money and land as a priest is equated with a habit. Does possession of the traditional symbols make one the substance of the symbols? Depends. If I give you a gun does it make you a murderer nor a protector? Depends. It depends on how you use the gun. Same is true with the symbols of our capita (heads) at work. If you have symbols of capita to create, you are a capitalistl. Otherwise you are an identity thief legally stealing the sweat of the brows of others.
    
    Capitalism is a victim of identity theft. Wall Street has hijacked the terms and tools of capitalism to decapitalize production and decapitate producers. This is decapitalism, economic bloodshed.
    
    To claim that capitalism is failing is like accusing someone of a crime when they were on vacation nowhere near the criminal action. Capitalism is not failing. It is being used as a sheepskin to hide the wolves devouring our future.
    

Calls to tax decapitalists are like telling bank robbers they can keep most of the stolen cash if they pay a fee or tax. 401ks are the biggest bank robbery in history. Any fine on decapitalists is merely an accounting exercise as the decapitalist insiders pass on the cost as higher, inflationary prices. Insiders do not get punished with fines. The 2007 financial crisis resulted in inflationary fines with no prison terms.

The prime issue in the 2016 Presidential election should be climate change, that is, the Primary Moral Imperative of saving life on earth. This cannot be done unless we save the middle class from economic self-destruction. Otherwise, the poor will continue to do nothing and the rich will foolishly think they can fly away. Three simple laws can stop decapitalism destroying our future.