The Almighty Dow
Fool Me Three Times, Shame on Me
KA-CHING !!! Anyone putting money into stocks right now, is being milked like a fucking cow
Fool Me Three Times, Shame on Me
KA-CHING !!! Anyone putting money into stocks right now, is being milked like a fucking cow
Here is the Dow adjusted for inflation - just slightly above where it was in Y2K. Month after month for fifteen years straight, the sheeple have ploughed their hard earned dollars into a market that has gone nowhere. Where does all that money go? Insiders have cashed trillions out of stocks during the past fifteen years, using the market like it's their personal ATM machine. From 401k deposits to exercised options to offshore bank accounts, the stock market is the biggest fucking con game on the planet. Oh right, don't forget to add in that paltry 1.95% dividend yield which is less than a 7-year Treasury. And then deduct the cost of the Pepto Bismol and soiled underwear.
Milking The Cows
Massive Dilution: Insiders use corporate profits to buy back stock they issue to themselves:
Third World Stylin'
Insiders and billionaires first outsourced the jobs to inflate profits to the highest level in U.S. history and simultaneously push wages to the lowest level in history. Then they sold stock (and options) back to the sheeple to capture the entire (one-time) estate sale for themselves.
Doesn't anyone ever think to ask, if profits are the highest level in U.S. history, why the stock market has gone nowhere for fifteen fucking years straight? Only history's biggest boat load of Kardashian-watching dumbfucks would allow this to happen.
The True Dow: Deflating the Debt-sponsored Lie
Here is the Dow adjusted for inflation and Federal debt as a % of GDP i.e. what the taxpayers will end up paying for this entire deluded fantasy. All of that debt bypassed the jobs market and fell straight to the corporate bottom line, and then into offshore bank accounts. Now just add in monetary expansion and that would be the full catastrophe. Look to the middle peak (2003-2007), that's Bush's debt-sponsored a-b-c retracement. Now look to the right (2009-2014), Obama's pathetic debt-sponsored a-b-c retracement.
A Faustian Bargain
The Idiocracy traded their jobs, their savings and their children's future, merely to buy the Dow a few years longer. All because they believed that Bernankenstein and Krugman could save them from reality.
The Grandkids' Dow:
Rats Abandoning the Ship(s) They Sank
No surprise, now the Ayn Randists want to trade in their U.S. citizenship for a new passport. They know the game is over here in the U.S., and they surely don't want to get taxed on all of that offshore money. So, time to move on and find the next country to hollow out. And it looks like the U.S. and China are converging in one more ignominious aspect. Wealthy Chinese are lining up to leave their country in record numbers. No less than forty-five thousand are queued up to head to B.C. taking $11.6 billion. It's the best passport money can buy.
Two Dogs Were Fucking on a Lawn
Greed as a national ideology. It was all just an "interesting" failed historical experiment. I suppose someone was bound to try it eventually. What if Ayn Rand was just a Communist insurgent sent from Russia to plant the seed of inevitable destruction in the pathetically weak minds of the suggestible NeoCons? If so, Lenin would be proud, because she accomplished what Stalin couldn't even dream of. Or, what if she wasn't an insurgent, but just a Russian refugee turned fiction writer whose self-aggrandizing message struck a chord with testosterone depleted boy-men everywhere? Still, Lenin would be proud.