THIS IS THE SAME TOXIC BULLSHIT THAT CAUSED THE PROBLEMS IN THE FIRST PLACE...!
WALL STREET SHOULD NOT BE EXPECTED TO TRICKLE DOWN TO MAIN STREET...
THE ONLY REAL "RECOVERY" WILL HAPPEN WHEN MAIN STREET PERCULATES UP TO WALL STREET...
IN SHORT...BERNANKE HAS IT ALL ASS BACKWARDS...
BUT THE US ECONOMY HAS BEEN ASS BACKWARDS FOR A LONG LONG TIME...AND NOTHING SEEMS TO BE CHANGING EVEN WITH OBAMA IN THE WHITE HOUSE...
THE PROBLEM IS THAT MAIN STREET IS SO STRUCTURALLY DAMAGED BY GLOBALISM AND A DOMESTIC ECONOMY THAT IS TOTALLY TILTED TOWARD INTERNATIONAL CAPITAL...AND MULTI-NATIONAL CORPORATIONS.
...THAT THE VERY CONCEPT OF MAIN STREET...IS A BITTER PILL FOR WALL STREET...THEY WOULD LIKE NEVER TO DISCUSS IT...
MAIN STREET IS REAL PEOPLE WITH LOW WAGES, THE UNIONS, THE UNINSURED, HIGH CREDIT CARD DEBT...
AND THOSE "GREAT UNWASHED" FAT STUPID FOOLS SHOPPING AT WALMART...ALL THE THINGS WALL STREET AND THEIR SHILLS IN THE MEDIA HATE.
THAT IS REALLY WHATS BEHIND ALL THE "DETROIT BASHING" THAT IS SO POPULAR IN THE US MEDIA ....DETROIT REPRESENTS THE "OLD AMERICA" WHERE MAIN STREET AND ORDINARY PEOPLE MATTERED...
BUT THE DIRTY LITTLE SECRET IS THAT WALL STREET WILL "RECOVER" IN A MEANINGFUL WAY...ONLY AFTER DETROIT RECOVERS...
AND THAT DOES NOT LOOK LIKE IT'S GOING TO HAPPEN ANYTIME SOON...
THE AMERICAN AUTO COMPANIES ARE REALLY A PROXY OR SURROGATE FOR THE "REAL ECONOMY" IN "FLY-OVER-COUNTRY"....WHICH HAS BEEN SO HATED BY WALL STREET FOR SO MANY DECADES NOW...
WELL DETROIT AIN'T COMIN' BACK...NOT ANYTIME SOON.
SO WHAT DOES THAT SAY ABOUT THE RECOVERY ON WALL STREET...?