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Post by jeffolie on Dec 24, 2014 16:11:21 GMT -6
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Post by unlawflcombatnt on Apr 5, 2015 21:42:11 GMT -6
Corporate profits should not be rising any faster than household income. The fact that they are just shows how are economy is slanted toward preserving the welfare of the super-rich, at the expense of everyone else. The great prevaricator Ben Bernanke justifies the bailouts of the banks on the grounds that we just "must" have a healthy financial system before anything else is fixed. This translates to we just "must" bail out rich investors and banks, before we worry about the remaining 98-99% of us. After all, 'rich people create jobs', so we can't let them become less rich.  |
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