Wall Street totally fucks up. All the CEO's show themselves to be either IDIOTS, or total Greed-Pigs with no ethics, no integrity.
They go to DC, and almost before they open their gaping maws, our government bows down and throws insane amounts of money at them.
GM, Ford, and Chrysler go, hats in hand, for a similar bailout -- they are rejected.
Why?
Are they any less worthy?
Haven't all these "Titans of Finance / Industry" all totally fucked up? Why do those "money guys" get a leg up, while folks that actually make things get shunted aside?
Could it be they might have gotten dirty at some point in their lives?
I would think saving industry would be a priority.
Why would ANYONE in the Midwest ever vote for a Republican't again?
Energy expenditures as a percentage of PCE
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During the early stages of the pandemic, energy expenditures as a
percentage of PCE hit an all-time low of 3.3% of PCE. Then energy
expenditures increased ...
1 hour ago
1 comment:
Perhaps it is because the corporations having plundered the United States and faced with both worker and environmental protections have decided to make the US a post-industrial servant economy based on earning money from credit rather than from goods.
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