Monday, October 25, 2010
7949 Dow Jones on Obama's inauguration day.
It amazes that people still measure the economy based on the money large financial institutions bet on any given day.
The stock,market is doing better now than when Obama was sworn into office.
But are you doing better?
Is your house in foreclosure,
have you lost your job,
do you have more debt?
These are the real indicators of the economy - not what happens among the elite.
Which is better - a town with one billionaire and thousands of people living in squalor?
Or a town with at least five hundred millionaires and a bunch of middle class citizens?
The financial performance of the rich is not a good measure of the economy.
The well being of the masses is.
(LET THE CURRENT BANKING SYSTEN FAIL... AGAIN!)