Jan 12 2010
The Capture of our Government by Wall Street: A 70 Percent Stock Market Rally lines up with an Additional 2.7 Million Jobs Lost since March of 2009. How Wall Street Reflects the Interest of the Corporatocracy and not the Real Economy.
It is a sight to behold that the stock market is rallying since the March 2009 low even though we have officially lost an additional 2,700,000+ jobs since that time. That is right, the system is so upside down right now that somehow nearly 3 million jobs lost is worthy of a nearly 70 percent [...]
Jan 1 2010
How the Financially Connected Prospered in a Decade where Wealth Evaporated for the Majority: S&P 500 Down 24 Percent for the Decade, Real Home Values down 3%, U.S. Dollar down 23%, and Unemployment back to 1980 Levels.
As we usher in the New Year the filthy rich are counting their blessings and must be very appreciative of the massive bailouts that protected their wealth. The top one percent of this country control 42 percent of all financial wealth so it shouldn’t come as any surprise that most of the bailouts went to [...]
