Saturday, November 2, 2019

A Useful Idiocracy

"If you don't know who the sucker is at the poker table, it's the one who trusts the Casino-Bankrupter-in-Chief"

The corporate bullshit bubble is on the verge of exploding with extreme dislocation. No useful idiot sees it coming. The corporate Idiocracy is a new breed of denialist super dunce, existing solely by and for corporate profit. The largest con job in human history aka. "MAGA", would not have been possible without them...







There has never been an era in human history as fake as this one. A time when every aspect of human existence is controlled by and for corporate profit. The Matrix Borg is nothing more than an optional accessory to their dumbphones, receiving their commands via weaponized corporate propaganda. Mad Men are rampant, competing for corporate mind control.

Corporate hegemony has given rise to a new breed of all-knowing super dunce. Educated on South Park and brainwashed on Faux News. The less they know the more over-confident they become - now 100% Terminal Idiocracy. They exist solely by and for the sustenance of corporations. These testosterone-depleted half-men are the useful idiots who propagate all of the corporate lies that abide the status quo. All of human life has been fed into the corporate hopper - the environment, mental and physical health, retirement pensions, healthcare, the middle class, the U.S. Treasury. The average American is now one paycheck away from bankruptcy, yet not even the slightest resistance from these super useful idiots.

Nothing is more fraudulent than the Trump managed stock market casino. The stock market has been sold off to the Cayman Islands amid record debt-funded buybacks to fund record insider cash outs. All while the super Idiocracy cheered from the sidelines. 

Today's apologists for greed keep recycling the exact same myths that cannibalized the middle class and turned capitalism into a zero sum game between the .001% and everyone else. 

Corporate debt issuance:






Make no mistake, the "Deep State" exists. But not in the conspiracy of the ever-marginalized Federal workforce, sold down constantly to fund tax cuts. The true Deep State is the 14,000 special interest groups who control Congress and otherwise assure profitable outcomes.

More on the brain trust duopoly and the dumb money index mega bubble:


Thanks to the dumb money index mega bubble, Apple and Microsoft now have a combined market capitalization equal to all of Canada's stock market valuation. Yes, you read that right.

These two companies have been competing for monopolistic mind share for forty years straight. In the beginning, Steve Jobs and Steve Wozniak invented the personal computer. However, Bill Gates bought DOS and convinced IBM to grant Microsoft a monopolistic license. A decision that made him an instant billionaire. Whereas Apple innovated, Microsoft bought or copied - operating systems, graphical user interfaces, spreadsheets, word processors, databases etc. Until Apple almost went out of business, not having the economies of scale accorded a monopoly. Along the way, Microsoft almost bankrupted IBM as well, when Gates started selling Windows to IBM competitors. Something the fools at IBM hadn't anticipated, having been outsmarted by a 20 year old Harvard drop out a few years earlier. 

And then at Apple's nadir in 1997, Bill Gates stepped in and saved Apple, with a $150 million investment in the failing company.

Now, Apple is once again worth more than Microsoft, thanks to Dumbphone 11. The greatest corporate resurrection in world history.

For their part, the near-extinct Crackberry (RIM) invented the always-on mode of instant messaging. A new way for corporations to keep their people on short leash 24x7. But now that company is obsolete because they didn't envision "apps" which make the entire corporate workplace 24x7 mobile. 











A few comments about today's slumdog billunaires attempting to keep this con job running as long as possible:

1) Leon Cooperman is shitting bricks knowing that if Elizabeth Warren is elected, he will never get another bailout.

2) Bill Gates requires all employees to acknowledge that the world has never been better for billionaires. 

3) Elon Musk advises everyone to never ever take vacation. His secret to personal burnout. 

4) Warren Buffett holds the most amount of cash ever, because as he says - "if you don't know who the sucker is at the poker table, it's guess who?'




“The low risk, high quality names just keep going up in valuation...That’s led to a feedback loop in which public market investors just keep buying the better  the most over-valued names"





"Utilities on average are trading at 20 times forward earnings, which is not just an all-time high but a premium to the S&P 500."