"FINANCE'" is not "BUSINESS'"

Finance is to Business as Blood is to the Body

Kids today are into vampire movies and T.V. shows.  They seem to be attracted by blood.  The "Money Boys" (some view as blood-suckers) sprang on the scene in the early 80's with Ivan Boesky.  They have become legion since, along with the damage they've done to our country and its economy.  They want you to see them as "businessmen"; especially the Repoob front-runner for 2012.

Starting with Boesky and junk bonds, old, job-providing corporations met their demise.  The finances they contained were stripped out (pension funds, marketable assets, etc).  As the corpses of U.S. businesses mounted, the excess "finance" (think blood) mounted.

The people who were "laid off"; mostly blue collar in the beginning, ultimately became what are today the followers of "leaders" like Nugent, Limbaugh, Gengrich, Santorum.  What the clowns running in the 2012 Repoob Primary call "losers". ( Remember, losers like guns! )  Read Susan Faludi's book "Stiffed" for a fuller picture of these guys.

This trend paralelled NAFTA and the Yin-Yang Media ignored it.  They probably were'nt smart enough to see it, and besides, they would have to work.  It is a lot easier for them to simply repeat gossip and the keep the "mushrooming" rolling.

By the late 80's you had the McDonnell-Douglas "paint factory firing" and the realization by the money boys that they could combine the slauthering of companies with the manipulation of stock on Wall Street.  Then the "blood" really started flowing.

Drucker warned in the mid-80's to "keep an eye" on the 401K funding because it was "largely un-protected", and that some "smart guys with computers" will find a way to "get their hands" on it.

Voila! Witness the explosion of Hedge Funds in the 90's.  Corporations that produced products that could be "monetized" (think cars, appliances, etc) turned into banks that also manufactured things.

Following the "Red-Neck Coup" of 2000 (aided and abetted by the "Supremes"), the best and brightest of our engineering and technical schools, joined our brightest MBA factories to create for Wall Street instruments like credit-default-swaps (CDS) and Derivatives that ultimately blew up the economy.

Mean-while, the Hedgies, by now "blood banks" were looking for larger targets, both domestically and globally. Remember, just about all of this was enabled by laws passed by the U.S. Congress, beginning in the early 1970's.

There was plenty of excess "blood" to buy politicians, judges, whole countries (think Iceland).

Now they have their head "Hedgie" targeting the White House.

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