Speaking of rich people, have you ever noticed when you’re out with a group of friends, it’s only the richest ones who complain about money?
Sadly, I have nothing to complain about - and so I let the rich worry about money. I spend my valuable time groveling for food; but as usual, I digress from the topic at hand.
Recently, as many of you are probably aware, the stock market has been having a lot of difficulty (it is swirling down the toilet) - due mostly to the corrupt and shamefully shoddy business practices of US bankers, financiers and, of course, the obnoxious, mean-spirited greed the stock market naturally cultivates in investors. Technically speaking, it’s not really a money problem, it’s a problem of ethical and honest brokering.
As it stands, it couldn’t get much worse (but it will) - unless of course the US and world governments do something incredibly stupid like try to prop up the markets and failing industries with trillions of tax dollars…
We interrupt this regularly scheduled blog with important breaking news:
In an effort to stave off market declines, the governments of the world are propping up specially selected (the richest) banks and the stock markets with trillions of dollars. We now return you to your regularly scheduled blog.
…then, it will get much, much worse because, they’ve only added more debt (plus interest) to the problem. Talk about your buying high and selling low.
At present, the American economy is in turmoil, with the world’s economy in tow. According to many, this is all a result of the mortgage crisis in the US, which will eventually drag us all down into the pits of economic hell. But, as George Bush has assured us on numerous occasions, “the fundamentals of our economy are strong” (and we have no reason to doubt his presidential wisdom).
Last month, after the first bailout attempt didn’t pass, a secondary bailout proposal was given a major selling job as they thoroughly propagandized it in the corporate media, trying to scare the hell out of the American people with talk of imposing martial law, losing homes, losing pensions, increase in pestilence, nuclear attack, alien invasion, falling sky… (they should have threatened no TV for a week if they really wanted to scare us).
Of course, after the fear mongering, the second bailout passed, but still the markets continued to decline. So, here we are today, on to plan “C” - which is to throw even larger wads of money at the problem and see if that will do the trick (for a day, a couple of weeks or maybe a month or two).
Now, with trillions of dollars transfused into the world markets, we must find the right group of “independent experts” to save our poor, sorry asses and, let’s face it kids, there just aren’t that many people in banking and the stock market with the right expertise, if the expertise you require is honest brokering
Experts without vested interests do not exist on Wall Street, in banks, in the Bush administration or in other world governments - or among lawyers, or in politics, the oil industry, the auto industry, or the Pentagon, military industrial complex, pharmaceutical industry, car sales, shoe sales…
Seriously, which failing banks and which debts to you buy up, and at what price should you buy them?
So everyone, there’s nothing to worry about, unless of course you were counting on maintaining your quality of life and addiction to food. Then, there may be a problem. Ladies and gentlemen, the sh*t is about to hit the fan… DUCK!(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).
