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Does Friday's market drop indicate a new attitude on the part of our ruling class?

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eridani Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-05-10 03:00 AM
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Does Friday's market drop indicate a new attitude on the part of our ruling class?
Usually markets are thrilled about mass layoffs and unemployment, but today's drop seems to be a shift in attitude. Maybe they are starting to realize that they can't make money if nobody can afford to buy things? That's a good sign, in an ass-backwards kind of way.
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RC Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-05-10 05:48 AM
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1. You in the stash again? They ain't smart enough to figure that out.
They don't care anyway. When one source dries up, they will do something else to keep the money going. It's all about the money, nothing else.
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AllentownJake Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-05-10 06:23 AM
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2. You will have a change in attitude
When they fear for their lives. Till than Party on Garth.
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stillwaiting Donating Member (591 posts) Send PM | Profile | Ignore Sat Jun-05-10 06:51 AM
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3. The rulers on Wall Street will profit whether markets go up or down.
Also, think GLOBALLY. The standard of living and profits being obtained worldwide are more than making up for any "losses" being obtained in America.

Overall, Wall Street will continue to do much, much, MUCH better than any other sector in the United States for as long as we continue to allow it.

They are literally vacuuming up the remaining wealth and assets of the American people as they build up (to some extent) the wealth and assets of people living in developing countries.

It's all a game to them, and they do not care about the impact it will have on just about all Americans because it will not impact their increasingly obscene wealth and livelihood.
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