US companies continue to show better than expected Q1 earnings. Serious disconnect, would you agree, between Wall Street raking it in and the general tightness and malaise out there on Main Street. This seems even more pronounced when we hear about restrictions in democracy, unions being broken down, health care failing, an amazingly poor job market, etc etc. Long story short - the rich are doing very well in fact better than ever while the middle class is being forced to swallow the deficit bills. Middle class wealth is being drained.
Reuters: S&P 500, Dow set 2011 highs on profits
Solid earnings from U.S. companies, including Ford, 3M Co and United Parcel Service lifted stocks on Tuesday...
1 comment:
I feel sorry for Reverend Hedges he really needs to take a chill pill, he's taking things way to seriously. Truth is most of us have known we've been F*cked for many a decade now. Chris has to realize that "this to shall pass."
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