Categories

Login Status

You are not logged in.

Polls

Is Facebook overvalued at $40/share?

View Results

Loading ... Loading ...

Calendar

May 2017
M T W T F S S
« Oct    
1234567
891011121314
15161718192021
22232425262728
293031  

“A Tale of Two Cities” LA & NY

A Tale of Two Cities, one of the greatest novels that have ever been written, its plot centers on the years leading up to the French Revolution.  Today, the preamble itself brings chills down my spine “It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us, we were all going direct to Heaven, we were all going direct the other way”.  Inside millions of Americans burn a deep desire fermented with rage.  If the emotional town hall meeting over health care hasn’t convinced you of the discontent of every day Americans, than nothing well.

In NY City, it is the best of times, Goldman Sachs employees bathing in billion dollar bonuses that were funded by taxpayers.  These bankers in an orgy pat themselves on the back congratulating their own wisdom.  They spin, lie, and manipulate the market to a believable 6 month rally.  No doubt, Wall Street pump monkeys are full of hope that the stock market rally will continue.  At the same time, they greedily soak in the sun light while boating at the Hamptons.  These Goldman Sachs bankers have everything again; they own Congress, Treasury Timmy, SEC, city officials, a virtual monopoly and even whores at the Emperors Club.  Their executives rape and pillage while believing that God is on their side and they are doing his work.

In LA, it is the worst of times, school teachers, and government workers are getting paid with IOUs that some banks are being forced to take.  Millions of people feel foolish for getting suckered into fraudulent loans and HELOCs that they could not afford.  They sit in tent cities in disbelief that the government has left them hanging while the bankers booted them out of their home.  Now, they sit in their cold and dark tent thinking if I had only not purchased that plasma TV and Hummer.  Some of these tent dwellers are despaired NAR lobbyist and bankers who feel that housing will never increase again.  Now, they find themselves with nothing, no Plasma, no Hummer, no House; not even access to a HELOC line of credit.  No doubt, they feel that God has punished them for selling overvalued properties to people who couldn’t afford them.

We are in extremely exciting times.  Talk of double dip recessions (AKA depression) are tossed around accidentally by the media.  Many Californians are disappointed with government.  At the same time we got the Southern neo cons desperately wanting revenge for the loss of power from the election (in some cases from the civil war).  Like I have always said, justice is always self-fulfilling.  If there is no change in behavior, the seed of revolution will grow and flourish.  We at Alphas Edge have two advices for those in power.  First, be good to those who are unfortunates or they will not be good to you.  Second, remember the saying, safety in numbers.

This content is restricted to site members. If you are an existing user, please login. New users may register below.

Existing Users Log In
 Remember Me  
New User Registration
*Required field

Comments