NEVERTHELESS, YOU Anything But

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NEVERTHELESS, YOU Anything But

By just how, put me another Rumpie. Anyway, something that is bothering my economic mind is excatly why has the stock market constantly been going up? Naturally logical ideas are abound, many of that i subscribed to out of laziness and cynicism, but undoubtedly that damn thing called “intellectual honesty” gets in the way and makes you want to PROVE your suspicions true. 4. There’s nowhere remaining to get it however the stock market. But the truth is anything but. Banks never have been increasing their marketable securities holdings and so the boom in the stock market does not come from there.

This perplexed me because I had been sure the bail out money was being parked there. But since it had not been true (now leftists, pay attention to this), I accepted it as truth and looked somewhere else for the true reason for the growth. My logic led me to two places or “institutions” that could clarify the massive cash inflow in to the stock market and thus its ludicrous valuation.

And shucks howdy if I’m not the Sherlock Holmes of economics! My first guess about the central bank or investment company dropping money in to the stock markets demonstrated fake. Politicians need money to bribe the people to vote to them, and the smart use of money a la an authentic “investment” doesn’t achieve that.

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So everything that QE money isn’t ending up in the stock market, but the EBT cards of unwanted fat, bloviated trailer, ghetto, and barrio fatherless garbage the single mom matrix helps to keep spewing out. In order that money does not boost stock prices as much as obesity rates in the lower classes.

5,500 or less in annual income — is not golden. They have enough to cover the expense of food never, medicine and housing, and are forced to make tough choices each day on what sacrifices they must make to survive. In cities all across the country, workers stand on street corners, fall into line in alleys or wait in a neon-lit cosmetic salon for rickety vans to whisk them off to warehouses miles away.

Some vans are so loaded that to access work, people must squat on dairy crates, sit on the laps of passengers they do not know or sometimes lay on the floor, the other workers’ feet together with them. This is not Mexico. It is not Guatemala or Honduras. That is Chicago, NJ, Boston.

The people here are not day laborers looking for an unusual job from a moving contractor. They are regular employees of temp agencies working in the supply chain of many of America’s largest companies – Walmart, Macy’s, Nike, Frito-Lay. They make our iced pizzas, kind the recycling from our trash, cut our vegetables and clean our brought in fish. They unload clothing and playthings made overseas and pack these to fill up our store cabinets. They are as important to the global economy as shipping containers and Asian garment workers.

Many manage on minimum income, renting rooms in rundown homes, eating dinners of beans and potatoes, and making it through on food banking institutions and taxpayer-funded healthcare. They never get benefits and also have little chance of advancement almost. Across America, temporary work has become a mainstay of the economy, resulting in the proliferation of what researchers have begun to call “temp towns.” They are dense Latino neighborhoods teeming with temp agencies often.

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