Oh the Games People Play Now
Every night and every day
now
Never meaning what they
say now
Never saying what they
mean now
Where is Dr. Who when you
need him? We gotta get out of this
place...
There are a few things
they forgot to teach us in Economics 101 and they have nothing to do with
algorithms, exchange rates, return on investment or earned income. You see, basic economics is a mathematical
function but the underlying factor in American Capitalism has nothing to do
with mathematics.
Our system of capitalism
has fallen into the age old trap of being controlled by ethics and morality
rather than math tables and the masters of capitalism are those who manipulate
the system for only one purpose, the accumulation of wealth and the power that
comes with it.
Once upon a time in America
Now we eat, sleep and
dream the lies that have been implanted in us as if we never knew better in the
first place. Economics must be derived
from the word control because that is what it is all about and because control
is what the 1% of the population have over all the money earned by the 99% .
In my studies and
experience over the years there are a handful of guiding principles I found in
all those who make their fortunes on the backs of the middle class.
1. OPM - Always use "Other People's Money"
to make money.
2. DOY - Always make the little people "Dependent
On You".
3. DTBS - Always "Dazzle
Them with Bull Shit" to keep them confused.
4. WCF - Always "Work to Create Fear"
to keep people in line.
As a result, if we have
any disposable income, money we don't need to survive, we invest it in the
stock markets based on the promise to grow your portfolio. Then, as a card-carrying member of what I
call the Raggedy People, we are
denied the right to buy new stock issues at the offering price.
Nor are we allowed to have
our money invested by the massive computer generated strategies of the super
rich (high frequency trading) in which they intercept your pension fund
strategy and beat you to the punch.
We are drowning in
financial news, analysis and misinformation.
What we need is a little truth.
Here is some.
On October 9, 2007 the Dow
Jones hit 14,164. By March 6, 2009 it
collapsed to 6,443, a loss of 54% of it's value. That is what happened to your investments and
pension funds other than your home equity which was also crashing.
As of today, May 13, 2014
it has risen to 16,715, an astonishing increase of 259% in just shy of 4
years. Ask yourself, do you now have
almost 3 times as much money from investments, or in your pension or 401k as
you did just 4 years ago?
As far as stocks, the
wealthiest 10% of Americans own 80% of all stock.
Just this year it was
reported that the wealthiest 1% of Americans possess 40% of the nation's wealth
while the bottom 80% possess 7% of the wealth.
The other 19% just below the super rich possess 50.5% of the nation's
wealth. As a result, the top 20% control
90% of all the nation's wealth.
Of course these are the
people sucking the stock market profits up.
So why invest in the
market - don't. You are only padding the
pockets of those who could care less about you.
And while you are at it demand that Congress protect the pension and
401k funds managed by the rich as these funds seem to make a lot less money
than the stocks owned by the people doing the managing.
It is too easy to use your
money to manipulate the market so the high frequency boys can steal a few
hundred million or billion dollars a day at your expense.
What can we do? Be aware of how you are being used. Keep abreast of the market fluctuations and
demand to know from your broker or pension manager why you aren't benefiting
just like the rich.
Pay attention to all the
things they say are right like inflation, are you really not seeing massive
increases in health care and food, and wild changes in gasoline? How could we be at a 1-2% inflation when the
price of meat can double?
The unemployment rate is
down but not because of economic recovery but because millions of people have dropped out of the labor force
because they can't find jobs.
In America
.
