Replies to post #103083 on SPDR S&P 500 (SPY)

[Neutral Man]

Corporations have been enjoying Great Earnings and Profits but at WHAT Expense, 10 Million employees being removed from the payroll in 2009 dat's what expense!!

You take the savings per employee x 10 million and you can see why, even with ridiculously low activity levels, Corporations are enjoying a WINDFALL Earnings and Profit period as they distribute the 600 billion in savings amongst the remaining participants, oh boy, sigh............

You gotta love a society that allows the "Capitalistic" model to devour it's own citizens with zero regard to the critical role they play in making the system itself work, oh boy, sigh.....

Henry Ford once said that he hired and paid his employees a good wage so they could afford his cars, hmmm, makes sense, BUT, today you have Corporations trying to expend said employees, otherwise known as consumers, as if they are NOT needed in the "Capitalistic" model, palease, it will matter at some point and it will implode upon itself when the GIANT Ponzi-Scheme comes crashing down, oh boy, sigh.....

The GDP is so convoluted in it's makeup that they can make it Grow by simply adding Government jobs and marking up commodities so the selling figures are inflated! What should really be a number that is DOWN nearly 40% for ALL businesses across the board is actually Up 2 to 3% because they COUNT it several times by useing the Outsourcing rule! What was once counted ONLY once in the GDP (GM made all of it and when they sold it it was part of the GDP equation), now is counted 2, 3, 4 times and more as one outsourcing company builds a certain portion of the final component and they sell that to the first tier supplier who in turn sell it to GM, who in turn puts it into the final product and, you guessed it, SELLS it, well AGAIN (this is called double, triple, whatever dipping), oh boy, sigh....

In essence they BLOATED the GDP to appear MUCH Larger, by a factor of 2 to 3 times, and at the same time increased Debt 20 FOLD, and you wonder why this it ONLY the Beggining of the END, oh boy, sigh............