I clicked my blogroll tonight for the first time in forever. You are still there, many of you. wood s. lot how long has it been? And you lead with a doosey. You always had doosies and you still do.
Don't miss it. Steve Lendman spills the beans on how markets really work (against us).
Why? Because the profits are enormous, in good and bad times, and when carried to extremes like now, Fitts calls it "pump(ing) and dump(ing) of the entire American economy," duping the public, fleecing trillions from them, and it's more than just "a process designed to wipe out the middle class. This is genocide (by other means) - a much more subtle and lethal version than ever before perpetrated by the scoundrels of our history texts."and...
The idea that equity prices reflect true value or that markets move randomly (up or down) is rubbish. They never have and more than ever don't now.