Thursday, October 25, 2012

There's A Price To Be Paid

Just tonight, another blatant example of the corruption and malfeasance that the Idiocracy seems to assume is just business as usual.

After the close, Amazon reported a less than stellar quarterly profit, so as one would expect, the stock was down after hours, but oddly it wasn't down that much.  According to the Efficient Market Hypothesis (EMH), stock prices instantly reflect all publicly available information, so it was odd that the stock was not down much more on the massive miss on earnings.  But then when I pulled up Amazon's chart, I was reminded that the text book "Efficient Market Hypothesis" is really just the "Corrupt Market Reality" (CMR), because apparently the market is so damn efficient that it priced in today's news, two weeks ago.  For those who have never heard of the "Corrupt Market Reality", it postulates that someone always knows more about a given stock than you do, and therefore owning stocks is a game for fools i.e. this chart of Amazon below is based on today's closing price prior to the earnings release.  As you can see, Amazon had been one of the best performing stocks all year, up until the end of this past quarter...


But more importantly, I leave this bread crumb for the masses at large, fat and happy on the couch watching The Kardashians or the latest Presidential game show debate.  Contrary to popular belief, there is a price to be paid for ignoring this ongoing corruption, and assuming it's just "business as usual".  

So let's review the mounting charges:

There's a price to be paid for ignoring Wall Street's ongoing corruption and pretending that 2008 never happened.

There's a price to be paid for invading other countries for their resources and to pump them full of junk food and junk culture.  The average hill billy wouldn't tolerate another government interfering in the U.S. for one minute, but thinks nothing of invading other countries at every opportunity. 

There's a price to be paid for electing phony corrupt politicians who promise to bankrupt your grandchildren to gain your vote

There's a price to be paid for watching Faux News and voting against your own economic interest, because you are too fucking stupid to understand what's in your own interest

There's a price to be paid for pumping your kids full of toxic waste junk food as you worship the false idol of "consumer choice"

There's a price to be paid for turning a blind eye as corporations temporarily boost profits by handing jobs and technology to foreign countries.  When is everyone going to correlate mass outsourcing with the fact that there are no jobs?  Even now the Idiocracy considers electing ex-Bain chief Romney as Outsourcer-in-Chief.

There's a price to be paid for Bernanke's Faustian Bargain which is implicitly subsidizing this temporary vacation from reality.

Unfortunately, for those who are STILL blithely ignorant at this juncture,  there is a steep price to be paid for all of the above "business as usual".  For most people, that price will be everything they have, and then some.