16-STOCK MARKET FOR PEOPLE WHO DON'T WANT TO WORK...
16-Layoffs are coming in the investment industry because too many people are clearly pulling their $$$ out (Baby Boomers actually WANT a retirement) and there's NO NEW money coming in. There are NO CATALYSTS to move this market up. Get out NOW before you lose it all. The "Investment Professionals (lol)" CAN'T tell you the TRUTH because they're LEECHING off of your hard earned $$$ in management FEES to feed THEIR FAMILIES (they certainly DON'T CARE about yours)!! I can tell you the truth, the financial advisors WON'T, because they need to make FEE $$$. Don't go down with them!!! Get your $$$ out of stocks and yes, BONDS also, and into CASH (Bank CD's are alot better than losing bigtime $$$ and RUINING your life). HOLD ON TO WHAT YOU'VE WORKED FOR AND KEEP IT! These guys will say ANYTHING to keep you at the CRAPS TABLE!
Capitalism is based ultimately upon two polarities: how much can I charge for my good or service? and secondly: how little can I pay my employees to sell it for me? Obviously, the aristocracy at the top would want to charge the most while paying the least. However, charge too much, no consumer will consume, pay too little, no worker will work.
WHAT WE ARE EXPERIENCING TODAY IS A COMPLEX PRODUCT OF CHEAP GOODS AND UNDERPAID EMPLOYEES!! Most reported employment growth is actually a complete "ILLUSION" as these are LOW PAYING CRAPPY JOBS!!!! MOST PEOPLE TODAY BARELY HAVE ENOUGH FOR BASIC NEEDS!!!
My life and world are run and controlled by corporations, not good government, nor the fable of democracy.
The rich have been accumulating MASSIVE WEALTH on the backs of the poor for years. Wealth should not be a product of how much I can F'UCK over the next guy, but rather a distribution of resources "more equally" amongst all the people. The days of the $50 million/year CEO's are indeed numbered.
These "PUDGY" DRUNK Wall Street PRICKS (hanging out in Miami and London on your dollar!) just want FEE INCOME from YOUR hard earned $$! They are nothing but lazy DEGENERATE GAMBLERS! Keep your $$$ and take care of your family (they sure as hell DON'T care). This economy is collapsing as we speak. Don't buy any more stock - the smart $$$ is getting out now - I hope you're not too blind or stupid to see it. Recession? You ain't seen nothin yetwe're facing a DEPRESSION that WILL last longer than any of you would have ever believed. Greed does NOT work in the long run.
Its time for these CLOWNS in $2,000 suits on CNBC to roll up their sleeves and do an honest day's work instead of GAMBLING YOUR $$$!! They deserve to go to WORK like the rest of us and stop gambling and flapping their big mouths - they don't know SQUAT and THEY KNOW IT!I'm LAUGHING MY ASS OFF right now listening to their conflicting OPINIONS - what a JOKE!! HOLD on to your $$...none of them are LEECHING off my family anymore. The CRAPS game is OVER!!!"
I've heard there are about 40 million people in the USA on food stamps. That means about 100 million if you count the kids and elderly in the families. I've often wondered who is pumping up the market with so many stocks and bonds out there. It certainly is not for the dividends. What frosts me recently is the 100 to 175 billion, I was told, was sent from the USA to help the banks in Europe as they attempt to bailout Greece, Spain, Portugal, Italy, and others. In the USA you have to work into your 60s to get social security. In Europe, it's in the 40s and 50s. And our tax dollars are going over there to support this? The USA is going trillions in debt, but it sends money overseas like there is no limit. Look at the costs in Iraq and Afghanistan--hopeless wars. Anyone who knows Islam also knows that the USA is fighting an entire culture. It's Vietnam all over again. Add to this the companies in the USA who are moving overseas to take advantage of FREE TRADE. Here in Wisconsin, Harley-Davidson is now threatening to move out.