Greetings good citizen, seems every politician likes to take a bow when 'the market', er, 'preforms well' but as we have learned, Wall Street has absolutely ZERO to do with conditions on Main Street.
The Dow, originally established to measure America's Industrial might now consists almost entirely of financial concerns that make NOTHING.
It IS safe to extend that thought to what the Dow hitting 20,000 'means'. What does it represent? To you, NOTHING, to the wealthy whose wealth is measured via their 'holdings' it's a cheap parlor trick used to defraud YOU out of your labor.
Like 'Money' itself, the Stock Market is a fraud. Isn't it ironic most wealthy people are GIVEN stock? Founders are 'awarded' stock in proportion to their initial investment and their position on the totem pole but often, 'useful strangers' [how coincident is it that these strangers are often politicians?] are awarded either 'free' or deeply discounted stock in exchange for their, er, 'assistance'.
Well, in the end, fraud is fraud...and it probably won't be long before the 'stock market' goes 'poof' along with all the banks. [Revolution will, by necessity, overhaul the entire banking industry regardless of who takes charge. While it would be a deeply unpopular move, if the agents of the current exploiters regain control, banking will become an even uglier thing than it is now.
Equality and Justice folks, that's the side you want to be on...unless your relatives on the 'dark side' have promised you a seat at the trough...
Then your 'inner opportunist' will decide for you.
Not a lot of time and I have been meaning to 'AIR' that the Dow hitting 20,000 DIDN'T 'Make Murika Great AGAIN!'
In case some of you were wondering.
Thanks for letting me inside our head and kick off the weekend right! Get out and HOWL!
Gegner
The Dow, originally established to measure America's Industrial might now consists almost entirely of financial concerns that make NOTHING.
It IS safe to extend that thought to what the Dow hitting 20,000 'means'. What does it represent? To you, NOTHING, to the wealthy whose wealth is measured via their 'holdings' it's a cheap parlor trick used to defraud YOU out of your labor.
Like 'Money' itself, the Stock Market is a fraud. Isn't it ironic most wealthy people are GIVEN stock? Founders are 'awarded' stock in proportion to their initial investment and their position on the totem pole but often, 'useful strangers' [how coincident is it that these strangers are often politicians?] are awarded either 'free' or deeply discounted stock in exchange for their, er, 'assistance'.
Well, in the end, fraud is fraud...and it probably won't be long before the 'stock market' goes 'poof' along with all the banks. [Revolution will, by necessity, overhaul the entire banking industry regardless of who takes charge. While it would be a deeply unpopular move, if the agents of the current exploiters regain control, banking will become an even uglier thing than it is now.
Equality and Justice folks, that's the side you want to be on...unless your relatives on the 'dark side' have promised you a seat at the trough...
Then your 'inner opportunist' will decide for you.
Not a lot of time and I have been meaning to 'AIR' that the Dow hitting 20,000 DIDN'T 'Make Murika Great AGAIN!'
In case some of you were wondering.
Thanks for letting me inside our head and kick off the weekend right! Get out and HOWL!
Gegner
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