OLIGARCHS
03/30/2020
AMERICAN OLIGARCHS
Here is how to tell if you are really really rich.
You are really really rich if:
- If you are absolutely giddy about the recent (February to March 2020) wall street crash. And the one that occurs every 5 – 10 years or so.
- If you got the private memo about the upcoming pandemic before the rest of the world got the message.
#1 Are you giddy yet?
American Oligarchs have a deep need for a stock, bond, and/or a real estate crash every 10- 12 years or so. If the market crashes are too close together, the market manipulation might be too obvious. But a global pandemic is perfect cover. They need to at least fool some of the thinking people in America to believe that these things happen as an unexplained but normal occurrence. The “markets are fickle and are too hard to figure out” they say. And the vast majority of Americans whether they are 40-hour blue collar workers or white-collar mid-level executives or retired upper middle-class citizens accept that idea without question. The rest of the population has lives so full of stress and worry that they are not engaged in that type of critical thinking. And most of those “takers” are not invested in anything, so they are out of the equation.
So why should a really rich person (oligarch) need the 10-year market crash?
The world’s oligarchs do not want to put their money to works in a market environment where the Dow, S & P 500, real estate and the Nasdaq are at ALL TIME HIGHS. They want to put their money to work at 20% or 30% or 50% less expensive. The vast majority of people strive to buy low and sell high. For the Oligarchs it is sell high and then buy again when low enough.
Here we are
A global pandemic is so perfectly suited for the propaganda to work. Fear can make the population cower. The singular concern and worry are no longer about the value of the 401k but whether or not anyone in my family will get sick and maybe die. When people are not looking it is amazing what the Oligarchs will get away with, with Congresses blessing and with taxpayer money.
#2 Oh? You didn’t get that memo?
Does anyone think that the 30% market downturn from DOW 29k on Feb 18, to Dow 19k on March 20th was because Joe and Jane workforce got scared about the pandemic and sold off their 401k plan? If you believe that, I have a bridge to sell you in Brooklyn.
The oligarchs used their minions (corporate and government indentured servants) to feed them information about the upcoming pandemic and the oligarchs and their wall street enablers sold off at the height of the market. The oligarchs will have the cash from the selloff and a steady supply of new cash to take complete advantage of the newly found cheap market. The really rich get really richer. And Joe and Jane worker still blindly contributes to their 401k from every paycheck without thought, going up and down the rollercoaster with reckless abandon.
Many people in America do very well for themselves. They work hard, consider themselves patriotic, and are very proud of how they pulled themselves up from their bootstraps. They possess much more assets than their parents which is the foundation of the great American democratic experiment.
They accumulate real estate, stocks, and bonds. They open businesses. They have nice cars and nice clothes. They represent the American dream. For those that manage to reach the upper middle class, it seems like they have it all. It certainly is not a bad place to be. In fact, most people around the world would instantly change their lives for the upper middle-class life represented in America. This is an example of the doing well crowd. The doing well crowd plays a very important role for America’ Oligarchs. They are the buffer between the American Oligarchs and the working poor. The more the Oligarchs can convince the doing well crowd that they are rich but would be much richer if it wasn’t for those “takers”, the bigger the prize for those REALLY WEALTHY OLIGARCHS. The one thing the OLIGARCHS fear is a population that is joined together by one common goal. Fairness and equality.
