WeLFaRe QUeeNS...

williambanzai7's picture

QE WELFARE QUEENS 

WELFARE QUEENS, "WE'LL FARE BETTER THAN YOU"

"In our time, political speech and writing are largely the defense of the indefensible..."--George Orwell

FORBES, September 2012: "The combined net worth of the 2012 class of the 400 richest Americans is $1.7 trillion, up from $1.5 trillion a year ago. The average net worth of a Forbes 400 member is a staggering $4.2 billion, up from $3.8 billion, and the highest ever, as two-thirds of the individuals added to their fortunes in the past year.  Another factor: the gap between the very rich and the merely rich is widening. Only two in the top 20 are poorer, and as a group they are worth $73 billion more than a year ago."

"Wealth redistribution" indeed. Call it the "Wealth Defect," not "Wealth Effect."

Say, have you signed up to get your real estate brokerage license yet? After all, we got to move all those pink bank owned refrigerators...money for nuttin' mortgage backed securities.

What we have is a bunch of whining uberwealthy kleptopathic ingrates basking in the midnight sun of Dr Bernanke's latest permanent round of Quantitative Fleecing.

Plop plop, fizz fizz, oh what a billionaire relief it is.  Now that friends is the serious way to to redistribute wealth. No need to pay a bunch of moronic Capital Hill hookers to pass or repeal a bunch of stupid ass entitlement laws. "Who gives a flying fucking burrito about fiscal cliffs and debt ceilings anyhow. Just as long as long as the printing press is running and we have our short and medium term exit strategies in place." Adds a whole new dimension to the term "Preppies" does it not?

Has it occurred to anyone that the entire country has been transformed into one big stupendous Political LBO?

Have you noticed how record numbers of Wall Street MDs have left the Banks (yes,  I mean Squids) to start or join big ticket hedge funds. You know, the ones that specialize in sucking management fees from public and private pension funds while surfin' market Big Mo. Main Street's bright and rosie future [sarc] is their "carried interest."

Pay no attention to the pinstriped men behind the curtain folks, collectivism and wealth redistribution are the real scourges at the root of all of your problems.

Here, have an iPhone. 
 
"It was quite simple, All that was needed was an unending series of victories over your own memory. Reality control" they called it in "Newspeak," "doublethink."--George Orwell 1984

 

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OLIVER TWISTED II

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SOUTH OF THE BORDER