Category Archives: stock market
17 YEAR OLD HEDGE FUND CEO? WHAT COULD POSSIBLY GO WRONG?
Calling his operation “a hedge fund for the rest of us,” 17 year-old Jacob Wohl of Corona, CA (about 30 minutes north of where I write this) has gotten sub-million dollar investments from regular working stiffs like his high school … Continue reading
BANKS’ FREE LUNCH=RECORD PROFITS, KIDS’ FREE LUNCH=RECORD LOSS
So the latest indicator that not only has there not been a financial/economic recovery for the average person in the U.S. but also things have gotten worse? Over half of all public school students in the U.S. are now eligible … Continue reading
SOCIALISM FOR THE RICH WORKING LIKE A CHARM…
…and the capitalism for the rest of us is going just as you’d expect, and just as planned, i.e., horribly. From a Zero Hedge story masterfully headlined “Mission Accomplished: Stocks & Homeless Kids Hit All-Time Highs”: “Something is dreadfully wrong … Continue reading
NO, IT’S NOT YOUR IMAGINATION: YOUR REAL WAGES ARE GOING DOWN
You know that cold dread that drops into the pit of your stomach when you check your balance and see that you’re down to your last few dollars and payday is still a week away? Too much month at the … Continue reading
NOT NEGATIVE, JUST TRUE: “EXPENSES SOAR, WAGES STALL”
A few days ago, the website of The Washington Post ran a story with this headline–“Happy Days No More: Middle-class families squeezed as expenses soar, wages stall.” No shit, Sherlock. The article tells us the following: “Wages for millions of … Continue reading
“IT’S ALL A FUGAZI”: MOVIE TELLS IT STRAIGHT UP
“It” being the stock market, stocks, money, everything, as Matthew McConaughey’s coked-up stockbroker explains in the above scene from “Wolf of Wall Street.” The important point about it all? “It’s not fucking real,” as McConaughey’s character points out. In other … Continue reading