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edward long

Association of Old Crows


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The Dow is steadily improving while the national quality of life is consistently worsening.

Barack Hussein Obama's first term is over. The numbers are: 1) National Debt up 54.7%. 2) Unemployment up 0.7%. 3) Poverty up 6%. 4) Approval rating down 18%. 5) Dow Jones Industrial Average up 72%!! Explain this disconnect between America's vital signs.


Closing Statement from edward long

25 contributors offered these points to ponder
~ we need new goals
~distribution of wealth is broken
~it's a bubble and it's going to burst soon
~statistics are inherently deceptive
~we are printing too much unbacked money
~the government is spending too much
~It's Barack Hussein Obama's fault
~5 folks said there is no more connection between Wall Street and Main Street
~we are loading debt onto future generations
~small investor confidence is at all time low
~younger folks American dream includes tech toys but no home ownership
~money can't but happiness
~the top secret TPP is to blame
~Big Pharma is parasitic
~the Military is a budget buster
~ It's NAFTA's fault
~we are living in the New World Order
~Deflation Depression
~Exessive China trade for shoddy merchandise
~Free Trade is good
~US corporate tax is world's highest
~the Landlord Bubble
~youth becoming deluded narcissists
~middle class being strangled by inflation
~the Media is way off target
~poor getting poorer is new phenomenon
~US is too big to fail
~need term limits for Representatives
~need to repeal the 17th Amendment
~need to revise the 16th Amendment
~need to reduce Cabinet positions to seven
~need to go Isolationist
~stop paying Dictators for permission to feed their starving masses
~we have a Placebo Democracy
~all profit comes from someone's pocket
~leaders are corrupt
~Government creates no wealth
~copyright laws benefit the elite only
~people are the whole problem
~Quantitave Easing
~all should read "The Creature From Jeckyl Island"
~only Economists can understand
~we elect politicians rather than people
~Debt and the Dow are proportional
~debt can be invested
~unemployment and wages are inversely proportional
~poverty causes wage reduction
~low wages stimulate profit and productivity
What was not mentioned, surprisingly to me, was if the DJIA got Barack Hussein Obama re-elected
Have a look at the 9 links in the post
Conclusion?. . . Wall Street and Main Street are independent!!

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    Jan 24 2013: G'day Edward

    All I can say is we live in a placebo democracy these days, what is so democratic in having such a high volume of poverty-stricken & unprivileged people in high developed countries like the US & Australia? The wealth of the land certainly isn’t being democratically distributed evenly among the people of such well-off countries it’s being swallowed up by multinational dictators & they do dictate.

    These multinational dictators just don’t dictate what’s going to happen in a particular country but the world. Take a look at the history of the bond market & see how just through the bond market multinationals have been able to dictate events to their own benefit of course in the world & this is only one area multinational dictators affect us look at the energy magnates how they dictate.

    We live in a dictatorship & we don’t even know it, bring back true democracy & you will find that the unfair fluctuations we are having will just disappear.

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      Jan 24 2013: Everything you say rings true but I cannot believe we are truly post-democracy dictatorships. I'm hoping against all odds that it is not too late for people to wake-up and smell the effete demagogues who are fattening themselves at the trough while we ignorant, apathetic people who put them there wait for a scrap to be thrown our way. You Aussies revolt and we Yanks will watch. If it works for you we will stand up and shout "We're not gonna take it anymore!"
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        Jan 24 2013: I have to agree. Usually in the post democracy dictatorship, the government has taken control of the economy.
        I see economies have gone global. Right now, in the states, basic manufacturing has gone, leaving a void, leaving a vast untapped manpower resource available. Currently, there is confusion and loss of focus. However, there is an ace in the hole. Vast new gas supplies should provide a very inexpensive energy resource. Right now we are limping along on information and service industries. I foresee a new infusion of capital as profits fall in other parts of the world and as profits fell here in the past, they will fall elsewhere. It is said that Mother Nature demands a balance across the globe.
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        Jan 24 2013: G’day Edwars

        Could you imagine if us Aussies did revolt, I think the yanks would leave us to the dogs at our gates even though we have been quite supportive of the US. Probably China would take over where the US left off, hmmmmmm!!!!!!

        I don’t think it’s ever too late until the game is over or until the fat lady sings Edward, true democracy isn’t dead it’s just taken a wrong turn & we can only hope that the big boys wake up in time to this error of judgment. Greed is a very ugly, corruptive destructive obsession which could bring any true democracy down to its knees & maybe that’s what there trying to do which may be a part of this new world order.

        True democracy was about being heard through an elected spokesman in a democratically held forum; now look at these spokesmen who are supposed to be our voice, there more like lords.

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          Jan 24 2013: Is it the big boys who need to wake-up, or are we plebians the ones who have fallen into some kind of stupor? Hold-off on the revolt for now.

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