Monday, September 29, 2014

1929 Redux: A Great Year for Buying Stocks

ZH: 
U.S. Wealth Inequality Exceeds Ancient Rome, On Par with U.S. inequality circa 1929:

The Lies and Looting Continue...

The Lie of the day (link above), comes no surprise via billionaire Hedge Fund Manager Paul Singer trying to rewrite history after-the-fact: the assertion is that Obama's "growth repressive" policies are singularly to blame for this disaster. 

"The Fed is doing all the work, because the President’s policies are growth-suppressive. In the absence of the Fed’s moneyprinting and ZIRP, the economy would either be softer or actually in a new recession."

The truth of course, is that the Fed is doing fuck all other than making billionaires rich and disincentivizing real investment, the economy IS in a recession when adjusted for the deficit, and the President aka. Manchurian Candidate's role in this fiasco is to look the other way, while billionaires loot the country and send everything that isn't nailed down into offshore bank accounts:

Shock Doctrine Visualized:


Obama is merely a sock puppet for moneyed interests. Those who pretend not to acknowledge that fact, are a HUGE part of the problem.