Wagnerblog

I grew in a country where little kids were educated in the idea that a revolution is a good thing. That capitalism is bad and that there are times when the working class just has to stand up and take over. I dont advocate this notion but I wonder if there will come a time when the people in the US say “ Its enough “, and decide to throw all the bums out. I doubt that time will ever come because it strikes me that people are continually told their individual freedoms outweigh the good of society. And when you have a country of unorganized individuals, who are to self absorbed with their own individuality ,  its pretty easy to run roughshod and basically get away with the equivalent of corporate rape and pillage.

I lifted the graphic in this post from an article that ran in Rolling Stone. Its a great read and shows you how this corporate rape and pillage is done.

By the way. Here are some quotes from a Met Life Study.

“….. A MetLife study released last week found that 50% of Americans said they have only a one-month cushion — roughly two paychecks — or less before they would be unable to fully meet their financial obligations if they were to lose their jobs. More disturbing is that 28% said they could not make ends meet for longer than two weeks without their jobs. And it’s not just low-income earners who would find themselves financially challenged. Twenty-nine percent of those making $100,000 or more a year said they would have trouble paying the bills after more than a month of unemployment….. “

Found on Mish’s Economic Blog

If your buying into the news clips of last week that there are some encouraging signs in the home building and real estate industries, keep in mind that the CEO of Toll Brothers is selling his shares in the company. About 1 million shares that is.  So don’t get suckered into believing what you hear on the news.