Our current TIC (teleprompter-in-chief) recently used the expression "skin in the game" which I recalled upon seeing this pie chart.
It made me ask "who give's a flying fart?" and "why?" concerning the US equities market.
Main Street does NOT own a significant portion of the DJIA.
- So exactly WHY should they even care what happens to it? Yet, they are constantly 'told' by the MSM and FTV that this is a reliable barometer of our nation's economic health. [read: Dow Jones - Good = Economy - Good] WTF?
So WHO cares if the equity markets take a huge dump?
- The owners, that's who. The TOP few % who actually own it. The "too big to fail" owners, not Joe mainstreet.
So WHY care?
- Apart from the obvious 'who owns the markets' point, we should ALL care very much because it is OUR tax dollars and sweat that is being hijacked by the nazis in Government (as directed by their masters in the financial industry/banks) to subsidize this game of three-card Monty and they do NOT want us to consider it too carefully or scrutinize it too closely! Go back to sleep now; nothing to see here. Move along. Nice sheeple, it was all a bad, skeery old dream! There, there. Shhhhhhh. [while removing our watch and wallet - snooze 'ya lose!]
Sunday 14 August 2011
Skin in the game...............from Rico
From Theo Spark at 21:01
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