I’m pretty mad but, fortunately, Keith Olbermann is madder so watch this:
There, now I can move on and discuss other things as we discussed how our leaders have sold this Country down the river in Member Chat and, frankly, the only thing we can do now is make a lot of money and make sure we stay in the top 1% because the bottom 99% in this Nation (and soon to be Globally) are simply screwed. As Barry Ritholtz says:
You can count on idealogues to do the wrong thing at the worst possible moment, and this time is no different. The Austerians are not satisfied with producing a government induced recession in Europe through severe cost cutting at a time of weak growth and low employment, they have brought their brand of lunacy to the States as well.
If the Federal Government accounts for 20-25% of the US economy, and we shrink that to 15-20%, guess what? You just reduced the overall size of the economy by 5%. The private sector will not magically create demand for that missing piece. Hence, an increasingly likely economic slowdown or outright contraction by philosophy.
I keep saying I am not a Democrat because I have no idea what their economic policy is, and I am not a Republican because I know EXACTLY what their economic policy is. That is our policy choices: Inept cluelessness on one side, and hapless fantasy-based lunacy on the other.
Like ruthless Barbarians walking a battlefield and crushing the skulls of any enemies that are still breathing, we are witnessing the coup-de-grace of the top 1% in America, as they put their boot on the throats of the poor and the middle class who survived the 2008 crash (and subsequent wealth transfer) under the guise of austerity (to pay for the wealth transfer without taxing the wealthy), dooming this country to decades of despair. At this point, all we can do is make sure we don’t end up being one of those hapless suckers at the bottom and, fortunately, the top 1% is a very easy club to get into – all you need is MONEY.
Money is, fortunately, very easy to make. All you need is money (and who doesn’t have that?) and some free time (again, plenty of it when you are in the investing class) and you can make more…
