Wow!!! The Fed Gives A Giant Fuck You to Working Class Americans!!
By Thad Beversdorf: I was shocked today by the absolute gaul of the Fed releasing a statement
about Net Worth in America reaching record levels. Now I get that they
are under extreme pressure to sell the story that everything is
rainbows and butterflies. But surely they understand that working class
Americans are going along with the story because they really don’t have
any say in our nation’s policies anymore. That doesn’t mean they want
it thrown in their faces that the Fed has spent 6 years now inflating
the wealth of the top 10% so much that it actually lifts the total
wealth of the nation’s citizens to record highs.
The ugly reality is that the bottom 80% of Americans experienced none
of that gain. That’s right a big ole goose egg. And so when the Fed
via its ass pamper boy, Steve Liesman, start banging on about the fact
that some sliver of society is being handed extraordinary wealth while
the working class has lost 40% of their net worth since 2007, well a big
fuck you right back at ya bub! The Fed is very aware that the bottom
80% of Americans own less than 5% of US equity markets. And so the Fed
is very aware that its manipulation of stock prices such that it creates
immense unearned wealth to those in the markets doesn’t reach the
bottom 80%. So why celebrate the results of the stock market price
manipulation??
It is embarrassing that our policymakers are either that
inconsiderate or that stupid to celebrate such a brutal dislocation
between the haves and have nots. I don’t know what one can even say
about the Fed making a celebratory statement like that today. It is
somewhat beyond words. And really paints the picture as to how little
thought goes into the lives and well being of the bottom 80%.
Just to give you something to compare and contrast the situation of
the bottom 80% here in the US to counter the Fed’s celebration today. I
want you to think about how lucky we are not being in one of the PIIGS
nations of Europe. These are the nations that are essentially bankrupt
and just hanging on by the kindness of the Troika. Glad we’re not there
right?? Well allow me to show you a chart published by CNN Money some 8 months ago.
So there it is. While the average net worth of Americans is 4th in
the world pulled up by the top 10%, the median net worth of Americans
comes in the 19th spot. Yep, behind Spain, Italy and Ireland so 3 of
the 5 PIIGS nations. Meaning the bottom 80% in these broke ass barely
hanging on nations have more wealth than the bottom 80% of us here in
America.
So I’d like to ask the Fed, is it that you just hate the
working class here in America and thus like to torment them or are you
truly that stuck up your own asses that you just cannot see the light?
Celebrating the fact you did today is downright nasty you lowlife
scoundrel pieces of shit. It’s akin to a family showing off and
celebrating a new born baby at the funeral of another family’s child.
It is just a very ugly thing to do. Even if it wasn’t meant to be
malicious it looks very much like a giant FU.
And for Americans, why, please god tell me why is it that Americans
are so willing to be shit on for so long without so much as a hint of
standing up to these monsters that steal our wealth and pass it around
their political class. Having grown up in Canada while all of my
relatives were here in the US I was intrigued by the States. I used to
think of Americans as an incredibly admirable people. The type of
people that are confident, strong, intelligent and command respect. I
really truly did. But having lived here now since 2001, what I see is a
people that have rolled over on our backs. As long as we get a few
belly rubs once in a while we’re happy to live without a hint of
respect. We seem fine with being demeaned, controlled, robbed, enslaved
and yes shit on by our political ‘superiors’.
Is the real Giant Con the ideal American? Was it just a made up
concept sent out to the rest of the world in hopes we could instill a
fear simply by portraying the notion of a truly formidable American? I
really don’t have the answer. Perhaps at some point in time Americans
really were a force to be reckoned with. And if that is the case then
what a sad story to be told to the world 100 years from now. How a
nation got fat, lazy, complacent, perhaps stupid and definitely lost all
sense of self esteem.
Imagine the founding fathers looking down on all of this. Hell
imagine those who fought on the beaches of Normandy looking down at what
America has become. Knowing that they sacrificed everything just to
hand the nation over to a group of foreign sociopaths. Imagine those
men having to see that Americans no longer have any sense of dignity
other than to yell loudly that “we are still great” kind of like that
drunk in the corner that wants to fight everyone but can’t seem to find
his legs to even stand up from his stool. How incredibly disheartening
it would be for those WWII soldiers to see us now.
We have become nothing but a host to a group of political parasites
that have thrived on our wealth and our strength. And they’ve watched
us slowly die over time growing weaker and weaker. Less able to find
the strength to uphold the duties entrusted to us. God, what a sad
fucking story we are. Thanks Steve Liesman for rubbing shit in our eyes
today. Hope you got a few clicks.
And for those of you that think I’m an ass for being so harsh on us,
well stuff it. Get up off your stool you lazy drunk, shut your damn
mouth and start fighting these political parasites like a damn man, like
a damn American. I’m not the one stealing your retirement, stealing
your income, stealing your wealth and stealing your freedom all while
making myself wealthy and exonerated from all the laws that would
put your ass in prison. In short I ain’t your enemy. If you’re mad
by what I said then do something more constructive than calling me an
asshole. Capiche?? Good.
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