30 April 2016

Asset Performance for the First Four Months of 2016 - Hi Ho Silver

"Day by day the money-masters of America become more aware of their danger, they draw together, they grow more class-conscious, more aggressive. The [first world] war has taught them the possibilities of propaganda ; it has accustomed them to the idea of enormous campaigns which sway the minds of millions and make them pliable to any purpose.

American political corruption was the buying up of legislatures and assemblies to keep them from doing the people's will and protecting the people's interests; it was the exploiter entrenching himself in power, it was financial autocracy undermining and destroying political democracy.  By the blindness and greed of ruling classes the people have been plunged into infinite misery."

Upton Sinclair, The Brass Check

"It’s not just political spin, however, that explains the rose-colored coverage [in the media]. Another explanation is that the media is plain stupid — quick to accept guidance from economists on Wall Street, for example, who have a vested interest in making everything wonderful."

John Crudele, Americans Have Not Gotten a Raise In 16 Years

“It is difficult to get a man to understand something, when his salary depends on his not understanding it.”

Upton Sinclair, I, Candidate for Governor: And How I Got Licked

Just a fine time we're having in the great divide of wealth and power, masked and sustained by the lack of real reform and the credibility trap.

Speaking of 'stupid media' blithely passing along the spin from the Wall Street paper pushers, what assets outperformed stocks in the first four months of 2016?

Survey says: pet rocks.