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WALL ST VS MAIN ST - Going In Opposite Directions! Corporations Cut Jobs & Salaries = Cutting Costs + Dow Passes 10,000 Again + Dems Conspire With GOPers To Give Insurance Bailout: USA DECLINES!
WALL ST VS
MAIN ST -
Going In Opposite
Directions!
Corporations
Cut Jobs & Salaries
= Cutting Costs
+ Dow Passes
10,000 Again
+ Dems Conspire
With GOPers To
Give Insurance
Bailout: Rich Get
Richer, Poor Get
Poorer, But America
Declines!
Tabacco: While Bush was committing Genocide and stealing their oil in Iraq, the MSM was discussing “how to win” strategy there.
When 2008 electioneering was in process, MSM focused on Rev. Wright, Hillary’s tears, Sarah Palin’s affect on Polls and how GOP ignored their own sitting president.
Today, instead of discussing healthcare insurance and how the Public Option will drive down premiums, the MSM discusses Birthers, Deathers and Obstructionists at Town Hall meetings.
Job$, Dollar$, Profit$ & Hope Are Draining Out Of US Economy! The Rich don’t care because their MONEY is now worth more here! If you took a 20% pay-cut & Investors & CEOs make more, the DISPARITY is even greater! Workers will take any job at any wage or even multiple jobs. Wives, Mothers & Retirees will RTW (Return-To-Work) just to survive. Lenders with all those Foreclosures on their books have been bailed out, while the defaulters lost both their homes and their jobs. And let’s not forget those lost down-payments, which in some cases represent their life savings.
So what does the MSM discuss? Sarah Palin’s new book deal, that southern GOPer governor with a loyalty or sex or truth problem, and the Dow eases above 10,000!
So why do you keep tuning in the evening news? Do you expect something different from the MSM? The TRUTH perhaps! You must know by now that doing the same thing over and over while expecting a different result is INSANITY!
And if you expect the Rich to be loyal to America, you must be inhaling CYANIDE FUMES!
H y d r o g e n c y a n i d e ( H C N ) i s a c o l o r l e s s g a s w i t h a f a i n t b i t t e r - a l m o n d - l i k e o d o r . M o s t p e o p l e c a n s m e l l h y d r o g e n c y a n i d e ; h o w e v e r , d u e t o a n a p p a r e n t g e n e t i c t r a i t , s o m e i n d i v i d u a l s c a n n o t . [ 4 ] S o d i u m c y a n i d e a n d p o t a s s i u m c y a n i d e a r e b o t h w h i t e p o w d e r s w i t h a b i t t e r - a l m o n d - l i k e o d o r i n d a m p a i r , d u e t o t h e p r e s e n c e o f h y d r o g e n c y a n i d e f o r m e d b y h y d r o l y s i s :
N a C N + H 2 O !í H C N + N a O H
K C N + H 2 O !í H C N + K O H
http://en.wikipedia.org/wiki/Cyanide
The Rich are loyal to themselves, including other Rich, regardless of geographical location. In times gone by, these Have-Mores would have been charged and convicted of TREASON against their own country – but not today! The Rich control both the Media and our police force, not to mention the president, Congress and the Supreme Court!
CBS NEWS tells us Wall St. has RECORD PROFITS in the biggest Recession in memory. CBS also tells us that Main St. is losing jobs, homes, money & security. What CBS won’t tell you is that while all this is happening, the USA is behaving like the Hoover Dam - only instead of water pouring out, this time it’s WEALTH!
If you have $1 million, but all your neighbors have $10 million, then you are not rich comparatively speaking. In fact those neighbors might take up a collection for you.
But if your neighbors’ fortunes all number around the $10,000 level while yours hovers at the $1 million mark, it is you, not they, who are a HAVE-MORE, and it is you, not they, who might hold a Fund Raiser or take up a collection for them.
And if all your neighbors are penniless, you might shed a tear, but you will definitely MOVE TO A MORE AFFLUENT NEIGHBORHOOD! If you don’t, an increased security guard and a plethora of pit-bulls would seem essential!
America’s Capitalists, deploying
WALL STREET BAILOUTS,
FREE TRADE AGREEMENTS,
LOWER TAXES FOR RICH,
DEREGULATION,
WARS FOR PROFIT,
GASOLINE PRICE MANIPULATION
and various other SCAMS,
have created a WORLD in which the FEW possess all the Capital while the MANY hold their DICKS in their hands!
Without an Edward R. Murrow or Walter Cronkite or other respected Luminary to warn us, Americans are distracted and misdirected to blame
Democrats vs. Republicans,
lack of effort on their own part,
Madoff Ponzi schemes,
unpassed Tort Reform,
underdeveloped crania or worse
for their problems, but NEVER the true CAUSE –
How much did you invest with Bernie Madoff?
After you answer the above question, please explain to me exactly how GOP TORT REFORM will put any dollars in YOUR pocket!
I thought not!
When will you stop paying attention to politicians and TV talking heads! They’ve learned to talk incessantly while saying nothing that makes any sense. But the public doesn’t even realize it! I’m not putting up another ‘Alice In Wonderland’ or ‘Emperor’s New Clothes’ cartoon, but you know I’m thinking about them!
http://wcbstv.com/business/wall.street.bonuses.2.1248552.html
O c t 1 4 , 2 0 0 9 7 : 1 1 p m U S / E a s t e r n
B i g W a l l S t . B o n u s e s S t i r A n g e r O n M a i n S t .
N E W Y O R K ( C B S )
B i g b a n k s h e l p e d l e a d t h e W a l l S t r e e t r a l l y o n W e d n e s d a y . T h e y ' r e m a k i n g m o n e y a g a i n a n d o n t r a c k t o d i s h o u t r e c o r d l e v e l s o f p a y a n d b o n u s e s . C r i t i c s a r e f u r i o u s s i n c e f i n a n c i a l f i r m s n e e d e d b i l l i o n s i n b a i l o u t m o n e y j u s t a f e w m o n t h s b a c k .
W i t h t h e D o w J o n e s i n d u s t r i a l u p m o r e t h a n 1 0 p e r c e n t t h i s y e a r , i t ' s n o s u r p r i s e t h a t p a y h a s r i s e n o n W a l l S t r e e t . B u t o n M a i n S t r e e t , m a n y f i n d t h e n u m b e r s s t a g g e r i n g .
" W e h e r e o n M a i n S t r e e t a r e h u n g r y a n d l o o k i n g , a n d w h y s h o u l d t h e b a n k e r s w i t h o u r t a x m o n e y g e t r i c h e r a n d r i c h e r ", s a i d Y o n k e r s r e s i d e n t H a r r i e t G r a y s o n .
A n a n a l y s i s b y t h e W a l l S t r e e t J o u r n a l f i n d s $ 2 3 b i l l i o n t o p U . S . b a n k s a n d i n v e s t m e n t f i r m s w i l l p a y e m p l o y e e s $ 1 4 0 b i l l i o n t h i s y e a r i n s a l a r y a n d b o n u s e s , 2 0 p e r c e n t h i g h e r t h a n l a s t y e a r w h e n t h e m a r k e t a n d e c o n o m y t a n k e d a n d $ 1 0 b i l l i o n m o r e t h a n W a l l S t r e e t e r s m a d e i n t h e b o o m y e a r 2 0 0 7 .
" I f e e l i t ' s r i d i c u l o u s ! " s a i d N e w R o c h e l l e r e s i d e n t V a l e r i e M a k r a s .
T h e b i g p a y d a y s c o m e m o n t h s a f t e r m a n y b a n k s a n d f i n a n c i a l f i r m s t o o k b a i l o u t m o n e y t o s u r v i v e w h e n r i s k y i n v e s t m e n t s c o l l a p s e d .
" N o t a l l o f t h e m , b u t a l o t o f t h e m e n g a g e d i n s o m e r e c k l e s s s c h e m e s a n d f r i t t e r e d a w a y a l o t o f m o n e y ", s a i d G o v . D a v i d P a t e r s o n .
T h e g o v e r n o r s a i d h e u n d e r s t a n d s t h e a n g e r , b u t t h e r e ' s a n o b v i o u s u p s i d e f o r N e w Y o r k .
B i g p a y o n W a l l S t r e e t m e a n s h i g h e r i n c o m e t a x r e v e n u e f o r A l b a n y t o h e l p s o c i a l s e r v i c e s f o r s t r u g g l i n g f a m i l i e s .
" S o w h a t I w o u l d s a y i s , i t c o u l d b e a l i g h t o n t h e h o r i z o n ", s a i d P a t e r s o n .
T h e r e c o r d W a l l S t r e e t p a y s h o u l d t r a n s l a t e i n t o a n i n c r e a s e i n e c o n o m i c a c t i v i t y . S p e n d i n g - t h a t i s k e y t o a n y r e c o v e r y .
" I ' m d e f i n i t e l y s u r e t h a t N e w Y o r k C i t y i s g o i n g t o b e n e f i t ", s a i d P r o f e s s o r J o h n M a n l e y o f I o n a C o l l e g e . " N o t o n l y w i l l t h e y g o o u t t o e a t d i n n e r m o r e o f t e n , s e e a B r o a d w a y s h o w , t h e y m i g h t a c t u a l l y g o o u t s h o p p i n g ! "
Tabacco: Notice what cognoscenti consider “benefit” – New Yorkers spending money to “benefit” corporations!
A n d m a y b e b u y a h o u s e o r t w o s i n c e t o p e x e c u t i v e s w i l l b e g e t t i n g p a y w e l l i n t o t h e m u l t i p l e m i l l i o n s .
W a l l S t r e e t p a y d r i v e s N e w Y o r k ' s e c o n o m y , b u t t h o s e n o t o n b o a r d d o n ' t n e c e s s a r i l y l i k e i t .
N o t l o n g a g o , W a s h i n g t o n w a s c o n s u m e d w i t h t a l k a b o u t r e i n i n g i n W a l l S t r e e t p a y . T h e P r e s i d e n t ' s " p a y c z a r " i s s u p p o s e d t o r e p o r t o n t h a t e f f o r t s o m e t i m e t h i s m o n t h .
Wall Street’s Recovery vs Main Street’s
August 29, 2009 by Joshua M Brown
http://thereformedbroker.com/2009/08/29/wall-streets-recovery-vs-main-streets/
Wall Street vs Main Street:
The Great Divide Widens
By Larry DoylegravatarcloseAuthor: Larry Doyle Name: L D
Email: susanunpc@gmail.com
Site:
About: 23yr Wall St. career. Currently a private investor and work for a few not for profits. Happily married with 4 children.See Authors Posts (290) on August 5, 2009 at 8:00 AM in Current Affairs
Please rank the following professions in terms of commanding respect:
1. used car salesmen
2. lawyers
3. bankers/brokers
4. dog catchers
5. burglars
6. politicians
Plenty could argue that dogcatchers would command the most respect, with burglars a distant second. How so? At least you know exactly what their intentions are, admirable or not, and manage accordingly.
With all due respect to quality individuals in the other professions, those industries as a whole have always suffered from a very poor public perception.
Moving to the fully serious part of my writing this morning, I would venture to say that the chasm which has always existed between Wall Street and Main Street has never been wider and is widening by the day. How so?
I am being inundated regularly with comments and questions as to whether the market is truly representative of the fundamentals in the underlying economy. Others have asked me how an industry that is supposedly once again making sizable profits can shamelessly impose credit card rates of upwards of 30%!!
It is my sense that the American consumer and investor feels woefully neglected at this point in our country’s history. As such, I have little doubt that many people have exited the markets with the intention of NEVER returning.
I would not pretend that I can appreciate the level of anxiety and disgust of everybody in our country today, but I share your contempt for a crowd both in Washington and on Wall Street that has done little to nothing to protect your interests.
This contempt welled up this morning as I read The Wall Street Journal’s, Geithner Vents at Regulators as Overhaul Stumbles:
Treasury Secretary Timothy Geithner blasted top U.S. financial regulators in an expletive-laced critique last Friday as frustration grows over the Obama administration’s faltering plan to overhaul U.S. financial regulation, according to people familiar with the meeting.
The proposed regulatory revamp is one of President Barack Obama’s top domestic priorities. But since it was unveiled in June, the plan has been criticized by the financial-services industry, as well as by financial regulators wary of encroachment on their turf.
While I could wax poetic on the topic of regulatory reform, I will abbreviate my remarks with a very succinct and direct statement. I strongly believe “THESE PEOPLE DON”T GET IT!”
The fact remains, “Future Financial Regulation: Not a Question of Sufficiency, but of Transparency and Integrity.”
Does the American public understand how they have been abused by both their political and banking representatives? I strongly believe they are gaining a greater awareness of this phenomena every day.
In coming full circle, my respect rankings from top to bottom would be:
1. dog catcher
2. burglars (at least you know their intentions)
3. used car salesmen
4. lawyers
tie for 6th between politicians and bankers/brokers
How about you? Please share your thoughts and rankings!!
LD
http://www.noquarterusa.net/blog/2009/08/05/wall-street-vs-main-street-the-great-divide-widens/
Tabacco: You were screwed by both Bush and Obama, by both Republicans and Democrats! I’m talking about the Wall Street Bailouts, not the Economic Recovery Plan.
Go to
http://www.metacafe.com/watch/cb-Qvl9Kecafk_sQmC9JQHgjHLZIYW0zDkZ/wall_st_wont_buy_bailout/
to stream a very short but informative MSM BS moment about how unhappy Wall Street was to accept our Money with “No Strings”! This crap is not to be believed! And this propaganda passed for News?
Never listen to MSM evening news without a BARF BAG!
Tabacco: I consider myself both a funnel and a filter. I funnel information, not readily available on the Mass Media, which is ignored and/or suppressed. I filter out the irrelevancies and trivialities to save both the time and effort of my Readers and bring consternation to the enemies of Truth & Fairness! When you read Tabacco, if you don’t learn something NEW, I’ve wasted your time.
Tabacco is not a blogger, who thinks; I am a Thinker, who blogs.
In 1981's 'Body Heat', Kathleen Turner said, "Knowledge is power".
T.A.B.A.C.C.O. (Truth About Business And Congressional Crimes Organization) – Think Tank For Other 95% Of World: WTP = We The People
NO CRONKITE & NO MURROW!
CURRENT EXAMPLE OF MEDIA FASCINATION WITH NON-STORY!