Today the Dow Jones broke 17,000.
My friend Gayle was in a bad mood.
The investment banker was playing the market short to tank.
Under Obama the rich have gotten obscenely rich and this news is an appalling reflection on Wall Street’s continued exploitation of the US economy in order to diminish the circulation of capital. The present income inequality mirrors the chasm between the rich and working class during the robber baron period of the 19th Century, however the robber barons actually created an infrastructure for the creation of capital i.e. railroads, shipping, factories, jobs et al. The master of this universe only know how to separate capital from the economy without any benefit to the nation or world. 17,000, 18,000, 19,000. Trillions of dollars rising from the masses into a rapturous cloud of wealth.
The sky knows no limit.
Wow?
More money into the stock market.
Less money in the pockets of the people.
Higher prices at the pump and supermarket.
And everyone says nothing, because they all want to be a millionaire and criticizing Wall Street will blackball them from the country clubs and yacht shows.
Who wants to be be middle class?
No one.
It is the dream America forgot.
I remember it well.
My mother and father put six children through college.
I graduated sine laude from BC in 1974.
My mother was proud.
Her mother had come off a boat from Ireland in the year of the crow with one shoe.
I’m proud of my mother and father too.
Yesterday, today, and tomorrow.
An totOileánachileánach.
Up the rebels.