Greetings good citizen,
Looks like today’s top story is yet another slap in the face to intelligence of the public.
How much of this tripe are you expected to swallow?
Economically speaking, the past five years have been a train wreck in slo-motion for the 99% while the >One Percent has waxed ever richer, largely due to their control of ‘paper wealth’.
The higher the Dow goes, the poorer YOU get!
The curious part is YOU aren’t expected to notice the connection here. You see the shares in your IRA/401k rising and you cheer up…until you realize you’re ‘running in place’.
Actually you continue to fall behind because the rise in share price only partly compensates for the fall in purchasing power YOU’RE being ‘hammered’ with.
(THEY have a lot more shares so they’re making up for the ‘shortage’ with ‘volume’.)
Did I mention that the >One Percent has declared ‘Open Season’ on peasants?
We have long ago determined that the stock market is utterly divorced from anything to do with the economy; yet our corporate owned media still uses it as ‘barometer’ of economic health.
And ‘Once upon a time’ it used to be.
But how do you make sense of the Dow’s record high in a job market plagued by record unemployment?
The ONLY answers are FUNNY MONEY and/or COOKED BOOKS!
(Probably a combination thereof.)
Which begs the question of how long can our civilization survive these levels of dishonesty?
We’re back to the old sod about the stock market remaining irrational longer than you can remain solvent. (BECAUSE all MONEY is FUNNY!)
Perhaps now would be a good time to address this distressing charge I keep pointing to.
Why bother working if money is largely ‘meaningless’?
And that would be to take away the ‘wrong message’ from my very true insistence that (all) money IS ‘funny’.
Money only works for the individual. Society itself doesn’t ‘need’ it. (In fact it has proven quite harmful in the, er, ‘wrong hands’.)
We all know that money or ‘representative wealth’ can be manipulated. This is especially true under legal systems that are purposefully designed NOT to prevent this.
Sure we have laws AGAINST ‘counterfeiting’ but we have a very poor definition of what is or isn’t ‘counterfeit’.
Today’s top headline is a classic example of ‘counterfeiting’ but we don’t have a mechanism under which to prosecute this kind of ‘manipulation’ of the money supply.
Raising share prices arbitrarily is NOT illegal…although it SHOULD BE.
UNDERSTAND there is no basis in reality for the Dow (now largely comprised of financial sector stocks) to be at the highest level in history.
Can you say, “Stick ‘em up!” good citizen?
Because you now NEED to earn more to obtain the same level of purchasing power you had before the Stock Market robbed you. Money the already too rich to spend it didn’t need in the first place.
So why are they taking it?
What answer do you arrive at good citizen?
Are you think along the lines of how they intend to flush as much of the surplus population down the toilet BEFORE it rises up and demands its fair share?
You really don’t need to look too far for a motive, the old ones work just fine.
Oddly, the old ones have become ‘preventative maintenance’ at this stage in the game.
The ‘relatively well-armed’ US civilian population is the ONLY factor keeping our new oligarchs in check.
If not for an armed citizenry, I’d be in a gulag right now…
Thanks for letting me inside your head,
Gegner
Looks like today’s top story is yet another slap in the face to intelligence of the public.
How much of this tripe are you expected to swallow?
Dow Average Surpasses Record High as Market Opens
By PETER EAVIS 39 minutes ago
Since a low point in March 2009, the Dow Jones industrial average has more than doubled, stunning even the most seasoned stock market watchers.
Economically speaking, the past five years have been a train wreck in slo-motion for the 99% while the >One Percent has waxed ever richer, largely due to their control of ‘paper wealth’.
The higher the Dow goes, the poorer YOU get!
The curious part is YOU aren’t expected to notice the connection here. You see the shares in your IRA/401k rising and you cheer up…until you realize you’re ‘running in place’.
Actually you continue to fall behind because the rise in share price only partly compensates for the fall in purchasing power YOU’RE being ‘hammered’ with.
(THEY have a lot more shares so they’re making up for the ‘shortage’ with ‘volume’.)
Did I mention that the >One Percent has declared ‘Open Season’ on peasants?
We have long ago determined that the stock market is utterly divorced from anything to do with the economy; yet our corporate owned media still uses it as ‘barometer’ of economic health.
And ‘Once upon a time’ it used to be.
But how do you make sense of the Dow’s record high in a job market plagued by record unemployment?
The ONLY answers are FUNNY MONEY and/or COOKED BOOKS!
(Probably a combination thereof.)
Which begs the question of how long can our civilization survive these levels of dishonesty?
We’re back to the old sod about the stock market remaining irrational longer than you can remain solvent. (BECAUSE all MONEY is FUNNY!)
Perhaps now would be a good time to address this distressing charge I keep pointing to.
Why bother working if money is largely ‘meaningless’?
And that would be to take away the ‘wrong message’ from my very true insistence that (all) money IS ‘funny’.
Money only works for the individual. Society itself doesn’t ‘need’ it. (In fact it has proven quite harmful in the, er, ‘wrong hands’.)
We all know that money or ‘representative wealth’ can be manipulated. This is especially true under legal systems that are purposefully designed NOT to prevent this.
Sure we have laws AGAINST ‘counterfeiting’ but we have a very poor definition of what is or isn’t ‘counterfeit’.
Today’s top headline is a classic example of ‘counterfeiting’ but we don’t have a mechanism under which to prosecute this kind of ‘manipulation’ of the money supply.
Raising share prices arbitrarily is NOT illegal…although it SHOULD BE.
UNDERSTAND there is no basis in reality for the Dow (now largely comprised of financial sector stocks) to be at the highest level in history.
Can you say, “Stick ‘em up!” good citizen?
Because you now NEED to earn more to obtain the same level of purchasing power you had before the Stock Market robbed you. Money the already too rich to spend it didn’t need in the first place.
So why are they taking it?
What answer do you arrive at good citizen?
Are you think along the lines of how they intend to flush as much of the surplus population down the toilet BEFORE it rises up and demands its fair share?
You really don’t need to look too far for a motive, the old ones work just fine.
Oddly, the old ones have become ‘preventative maintenance’ at this stage in the game.
The ‘relatively well-armed’ US civilian population is the ONLY factor keeping our new oligarchs in check.
If not for an armed citizenry, I’d be in a gulag right now…
Thanks for letting me inside your head,
Gegner
No comments:
Post a Comment