"Over the last thirty years, the United States has been taken over by an amoral financial oligarchy, and the American dream of opportunity, education, and upward mobility is now largely confined to the top few percent of the population. Federal policy is increasingly dictated by the wealthy, by the financial sector, and by powerful (though sometimes badly mismanaged) industries such as telecommunications, health care, automobiles, and energy.
These policies are implemented and praised by these groups’ willing servants, namely the increasingly bought-and-paid-for leadership of America’s political parties, academia, and lobbying industry.
If allowed to continue, this process will turn the United States into a declining, unfair society with an impoverished, angry, uneducated population under the control of a small, ultrawealthy elite. Such a society would be not only immoral but also eventually unstable, dangerously ripe for religious and political extremism."
Charles Ferguson, Predator Nation, 2012
"Poverty wants— but greed wants everything, and more. They can never have enough, because their acquisition is driven not by any need, but by a sick and overpowering lust for more, and more. More than any other, more than their neighbors, their family, even themselves."
Jesse, 18 April 2019
"These violent delights have violent ends And in their triumph die, like fire and powder,
Which, as they kiss, consume."
William Shakespeare, Romeo and Juliet
Stocks slumped again today, but unlike yesterday were not able to recover their losses and close in the green.
This sort of up and down action is the sign of unstable markets.
However, there is a stock market option expiration on Friday so we need to consider the shenanigans effect of these corrupted markets.
Gold and silver were off a bit, after an impressive string of rallies off the Dr. Evil bottom.
The Dollar rallied, and retook the 93 handle.
There will be a stock market option expiraton on this Friday.
Next week we find out how many holes it takes to fill Jackson Hole.
Have a pleasant evening.
