Zero is the new normal, page-7

  1. 9,239 Posts.
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    further wealth inequality ahead.

    thank goodness someone was able to convince the Fed that what the economy needed was more inequality, more M&A, more share buybacks and maintenance of obscene levels of bonus payments for undeserving bankers and senior company executives who oversee massive loss making operations.

    could beneficiaries please form an orderly queue when they back their lorries into the Fed loading dock.

    while QE might not increase directly the govts budget deficit and already massive debt, it will certainly provide another excuse to cut the provision of food stamps, teachers salaries and all that other wasteful govt spending on health, education and welfare.

    it's well over time ordinary Americans finally learnt that when push comes to shove and when a new virus becomes a pandemic that their govt can't just stop bombing the bejesus out of anyone it wants to and building military airfields in Iraq but must cut spending everywhere else first as a reminder that every citizen is on their own.

    to make america great, again.

    finally, thanks to those caring citizens who successfully advocated for and recently won mining companies the right to dump their waste into waterways. it was a long and hard fight, but we won in the end.
 
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