Jul 25

13,000+

avatar Published in Wall StreetTHE Best Country On The PlanetStock MarketRichpovertyPoorLow payjobsHomelessGreedForeclosureCorporate GreedBonus by Simon Mitchell
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(From my Original Post April 27, 2007)  

OK. Now what?


So Wall Street, "America's Financial District", broke 13,000 points for the very first time. "13,090" points on April 25th, 2007.


Now what? Do we see the Homeless Population dropping soon? No. Did we see it drop when the Stock Market broke 10,000? Nope. The Homeless Population still grew record break after record break after record break.


The Jobless rate grew too...those that graduated from school and still looking for work later. Lower paid workers grew in number.


That's the proof the rich get richer and the poor get poorer.


How many people can buy a REAL House AT minimum wage in this country? None. But, that depends on the many BIG Winning Lottery Ticket winners. And how many winners, at THAT income, got lucky? They are not even a blip on the screen as of this date.


Have you noticed Bank/ATM Robberies are NOT a blip on the screen any more?


There are many with low incomes that do play the lottery (myself included). Many play often. Hmmmmm. Ever wonder why so many play?


I say "Real House", because I don't want to give those "richly paid Moonbats and other whack jobs" - Educated or Dropout - out here that chance to say: "Sure. You can buy a house at Minimum Wage: A Doll House. Ha. Ha. Ha. (think mean laugh)"


For the apartment seekers: A Security Deposit? Can you make that AT minimum wage? A few thousand can. "Maybe."


Are more jobs being created in America? Yes. Do they pay "living wage income"? NO!


13,000+ points.


Why does 'the Media' play this up as a good thing? What's in it for them? A BIG Paycheck. For the rest of us: The crumbs.


Are American jobs still leaving America for lower wage countries? Yes.


Why? So "America's Financial District" - Wall Street - can break more record closings for the current generation. Themselves.


Meanwhile, are small start-ups going to make millions in their first year? Will they even be able to afford Medical Coverage for ALL of its employees as they start their first day on the job? No and no.


Don't even count on "paid vacations" for all.


'America is so unequal' to its people, a friend from Overseas told me.


He's right. Illegal Immigrants will benefit faster from a13,000+ points record on Wall Street, than us Americans born at OR below poverty level.


That's some insult coming from a 6th Generation American. Me!


Have you ever seen a raise that you can REALLY appreciate? How many of you got an "End Of The Year Bonus"? Have you "ever" gotten one of those?


Are you still trying to 'make ends meet'? Are you among those facing the "F-word" from the Bank? "Foreclosure."


Wall Street knows of THAT "F-word". They don't care because of their "End Of The Year Bonus".


Will "Social Security" get fixed? Are gas prices going down to record lows? What about heating Oil?


13,000+ Points. Tax dollars are still being wasted. The Rich still DON'T have much to worry about for paying taxes and Social Security.


Who has health coverage better than you? Other than our politicians: Mayors, Governors on up to the President...the Rich People do better for such coverage.


Don't forget actors and actresses. They can pay for that "Detox" stuff...no matter how long the stay. And no matter how often they go back.


Ever notice "No One" on Wall Street is concerned about those "Outrageously expensive Medical Bills and the cost of prescriptions", "Foreclosure", high auto insurance, the troubles in saving for 'retirement', high gas prices, the expense of what it REALLY costs to make a 'Hybrid' car?

We are OVERDUE to be Energy Independent.

When was the last time America has had a perfect Rail system like Japan? WE helped them rebuild. Our "Rail System" is so unreliable, I wonder how those in upper Management and those "Shareholders" can sleep at night, and still get BIG bucks?


13,000+ Points. Don't even get me started on the "aftermath" of Hurricane Katrina and Hurricane Rita.


Need I go on?



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