carlinnyc, it may be a Republican thing like airport rest rooms.

Don’t miss the fact that the stocks leading this rally are bank and insurance company stocks. What do they produce? Nothing. How do banks prosper? By charging borrowers more in interest and fees than the interest they pay depositors. That interest, by the way, is near zero for private depositors and absolute zero for bailout money (funded by taxpayers) and loans from the Fed (a quasi-public creation of the banks that is empowered by Congress to “print” money the same way God said “Let there be light”). Oh yes, and don’t forget financial speculation. So it seems that this resurging Dow has nothing to do with productive sectors of the economy, but everything to do with the success of the parasitic finance sector in consolidating control of the American government. Banks are buoyed up further with the prospect of turning a handsome profit on millions of foreclosed homes and transaction fees for buying and “reorganizing” bankrupt companies, throwing millions more out of work. The more we suffer, the more they prosper. The more we lament, the more they celebrate. It’s time to turn the tables.

The elites delude themselves if they think that the common citizen believes for even one minute that the recession is over.  If unemployment persists, they can shovel all the stupid statistics they want but it will not change conditions on the ground.  Every person who is being shoved toward the abyss knows the true facts and they will not forget anytime soon what was done by these corrupt vultures.  If, as I expect, this unemployment is systemic and permanent, the seeds for revolution have been planted.  We have only to nurture them and await the right time.

Putting away ones pitchfork could be a mistake, one needs a pitchfork to shovel manure!

Another thing to consider is that Dow 10,000 is based on a dollar that is worth 18% less than it was 10 months ago. It is these dollars, in ever dwindling numbers, that most of us need to survive.

One would think with all of the money being created that some of it would find it’s way to people who need it. No, we are better off that it is given to the people who are the architects of this disaster who produce nothing.

The disconnect is truly a reality now.

“Dow hit 10,000, first time in a year!” 
“Goldman Sachs Profit Tops Analysts’ Estimates…”

Then the disconnect:

“Foreclosures: ‘Worst three months of all time’”
“Unemployment rate near 10%” “‘Real’ Unemployment now over 17%”

I used to think that ‘we the people’ had a say in our government. We do vote
after all. But in this supercharged media overload society we live in the winners
are those whom can outspend and out slander their opponent.

In reality, ‘we the people’ are now a minor inconvenience. The funding of
politics is out of our hands and in the corporate budgets. They rock and roll
while we search for Obama’s “Change” under the couch cushions.

BLOOMBERG: Leaders to 10,000

Bank of America Corp., American Express Co. and JPMorgan more than doubled since the Dow slid to a 12-year low on March 9 as global financial firms began recovering from $1.6 trillion in writedowns and credit losses. International Business Machines Corp. and Hewlett-Packard Co. jumped at least 54 percent since March 9 on signs the nation was recovering from the worst recession in seven decades.

THE REALITY:

BAC today: $18.xx -> Peaked Nov, 2006 at $54.xx Net decline of 66%

http://www.google.com/finance?q=BAC

***
AXP today $35, at peak $65

http://www.google.com/finance?q=NYSE:AXP

Cheers

If you are not happy go an live in an other dimension.