***Pre-Script***
if i was a communist, i'd be wearing a t-shirt that read "Johnny needs a living wage..." but i'm not even close to a communist, i'm all capitalist, well, with one caveat...
REGULATION, we need regulation, not less as some presidential administrations would have you believe, but more, much much more. After all, you have to keep one thing in mind, there are little fish swimming with the big fish. Someone has got to be looking out for the little fish otherwise the big fish will fucking EAT all of the little fish. It will be near impossible for little fish to grow up to be big fish without some help, and not even help, just protection in the form of regulation.
That being said, please read on...
Item #1
Every day that the DOW rebounds at all, there are propaganda style headlines giving some reassuring reason on why things are looking up, and its always a crock of shit because we all know the DOW has made no growth in the last 15 years, not really anyway, and now we are back to a level below where we were 10 years ago, but more on the STOCK MARKET MYTH in a moment.
First let me tell you what todays "Good" news was that caused an early morning rally (Which may have disappeared by now but who cares, the headlines were there this morning...)
The headline on MSNBC read something like "Stocks rebound on better than expected productivity results and low wage pressure..."
The DOW was up like 130 points at this time, so i opened the article and read on, as i do EVERY morning.
Turns out that Domestic productivity was down but not as far down as it was predicted to be. So right off the bat, its not really good news is it? it's just not as bad as was expected. But then the article continues to say that the FED (our gov't's economic watchdog...) is relieved because although productivity is in the shitter, there was little or no wage pressure on employers and they expected inflation to remain stable. Well, so far so good right? Some people thought so, enough that a small rally was started on wall street.
But what does that mean??? WAGE PRESSURE? How does that affect inflation?
I'm actually REALLY glad you asked, because the news was in fact so good for the american people that i would LOVE to explain it to you further, this is going to be fun...if you could only see the smile on my fucking face right now, it's ear to ear baby....
So wage pressure means, the pressure on employers to give their employees raises. And there is none right now, and even though productivity is down (meaning almost literally there are less domestic products on the market) the prices of these products wont be going up because people have less money to buy said products due to the fact that they have NOT been given a LIVING WAGE increase by their employers this year, and maybe last year too. This is actually turning out to be quite good news for me so far, how do you guys feel about it??? But actually there's a bit more to explain...
Why is there no wage pressure right now???
Give me a chance!!! Gosh!!! I'm getting to it, but i'm still glad you are asking these questions because it means to me that you are paying attention to the things your gov't is telling you are good news, because after all, everyone loves to share good news don't they???
There is no wage pressure right now because the american job market is losing jobs at an alarming rate, there were over 250,000 jobs LOST in the U.S. in NOVEMBER ALONE, and what that means to your employer (If you are lucky enough to even have one) is that there are 10 people lined up outside your place of work, just waiting for your job. So of course you ain't gonna get a raise, shit, you had better shut the fuck up about it too because there's someone else they could hire to do your job for less!!!
I don't know about you, but when i read that this morning and watched the market rally, i just got all tingly and warm and fuzzy inside, i can't remember the last time i felt so great, it would have to be in 1993 i think when my parents moved my grandmother into my brothers old room to die, and she did...
With news this good, who were the people that were buying enough stocks on wall street to create a rally??? Was it the people with the jobs that have NO WAGE PRESSURE??? i.e. or e.g. the american people??? the little fish trying to eat??? NOPE, not on your fucking life!!!!!!!
ITEM #2 the Ponzi Scheme --- AKA the american DREAM
I'm going to keep this short because this article, if written in the proper detail to really make you understand the whole scam, would be a thousand pages long, and i don't got that kind of time, patience, nor expertise.
Every dollar that is made in the stock market comes out of another investors pockets, with very few exceptions. So if i make one U.S. Dollar by buying a stock at a low price and selling it at a higher price, that dollar came out of the pocket of some "Investor" that bought that same stock after i did, meaning that i quite literally took his dollar. Now he might make money too, as he hopes he will, because other "investors" might buy that same stock AFTER him, thus allowing him to Sell or profit take, and he can enjoy a profit too.
But LIKE ANY PYRAMID OR PONZI SCHEME, there is always a bottom, there are always people that got in late and lost money, never to see it again, because don't forget, i already took my profit, and i spent that shit, probably on my porsche, and the guy behind me took his profit and spent that shit too, he might of got a benz, or took a flight on his G5 like the big dick player that he is.
But what about the guy with the honda? the guy that heard people were making money here? The guy that had the same hopes and wants as me? well, its unfortunate, he obviously didn't go to the proper business school, or have the right kind of parents who could have advised him better, you know what??? fuck that guy, i got my porsche, he just ain't a baller, he aint got it in him.
Don't hate the playa, hate the fucking game!!!
And that is the short version of what the U.S. economy is BUILT ON!!!
the same thing happened in real estate and with all of that phony fucking paper the gov't was handing out to put everyone and anyone into an over inflated house. The people that got in early made tons of money, trillions of dollars, the people that got in later, well, you know, fuck them too... they should of had better father's or educations or whatever they needed to have made money and not be going into foreclosure right now....
this is what happened when fucking BUSH stripped all of the fucking regulations of the banking system and credit market. Millions of people made millions of dollars (BUSH INCLUDED) and the rest, well, you know....
don't hate the playa, hate the game!!!
Thats why foreigners are always more interested in Liquidity than Equity when they come here.
Do you know what the difference is???
that's another article, sorry...
Stay tuned, and wake the fuck up!!!
nah mean???
Playa?
word!!!