Unemployment is good for stock prices

[Roy Rolling]

This was from a CNN financial news story:

"Shares of Cisco surged nearly 3%, amid reports that the company may cut as many as 10,000 jobs -- or 14% of its workforce -- allowing the company to collect $1 billion in savings in fiscal 2012."

Eliminating jobs and increasing unemployment is "good business" in the U.S. today. And they want to decrease taxes on corporations because they are the "job creators?" Is it any wonder things are so screwed up?

[tridim]

1. More hoarded cash for dividend payouts.

[Newest Reality]

2. Why not situate yourself for even

more wealth and power as you grab it from the rest?

Nothing short of some form of direct and unmistakable action from the masses, (or even a portion thereof) will stop the dismantling. That is, especially when having lots of profits = cash on hand and more clout to manipulate and control larger political and economic territory.

Shock and awe economics have worked well so far. There will be deals to be taken advantage of as we lose the commons to the winners who will take all if left unchecked.

Who wants to be nothing more than economic, collateral damage? Who will voluntarily participate in a neo-Serfdom and leave that kind of legacy to their kids, and possibly for generations to come?

Now, back to the show! Entertainment abounds from Hollywood to D.C.