The Relentless Economic Cycle, Predictable For Eight Centuries – Banks Again Get Bailed Out By Clueless Politicians. Their CEOs Pocket New Bailouts, Splitting With The Super Rich. The Recession Goes On For A Few Years, Again. Growth Slows, Austerity Increases With Unemployment And Fed Rates.
April 2nd, 2013
By Paul B. Farrell, MarketWatch
It’s not complicated. Prepare all you want. But the bull ends. The market sinks deep into its third bear of the 21st century. Wall Street loses another $10 trillion of our retirement money.
Banks again get bailed out by clueless politicians. Their CEOs pocket new bailouts, splitting with the Super Rich. The recession goes on for a few years, again. Growth slows, austerity increases with unemployment and Fed rates.
That’s the relentless economic cycle. Predictable for eight centuries.
But “it’s not complicated.” That’s the message in the fab-u-lous ATT ads with those cute kids and their straight-man narrator all sitting in little chairs in a kindergarten classroom. Kooky kids. Yes, Ad Age says ATT’s hyping its brand in mobile networks:
“The kids’ imaginations turn boring brand attributes like multitasking or download speeds into loads of fun …. Case in point: Dizzy boy … is able to wiggle both his head and his hand at the same time. Or the precocious girl who notes that being fast is necessary to avoid being bitten by a werewolf. Or the kids in a new NCAA spot who discuss how to do two things at once in basketball, with the pickle roll.”
Werewolves of Wall Street, Washington will soon ‘turn’ America