Author: Mark Alexander

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Bank of America Says the Quiet Part Out Loud

From Mock Paper Scissors:

Guys, if you can believe it, Bank of America is really hoping for widespread unemployment:

The memo, a “Mid-year review” from June 17, was written by Ethan Harris, the head of global economics research for the corporation’s investment banking arm, Bank of America Securities. Its specific aspiration: “By the end of next year, we hope the ratio of job openings to unemployed is down to the more normal highs of the last business cycle.”

The hope from Bank of America is that more people will be unemployed and workers will have lost this rare moment of bargaining power. Fat cats in corner offices believe that paying workers causes inflation, and not the record-breaking profits from price gouging.

We also note that the Federal minimum wage of $7.25/hr was last updated 13 years ago, and after inflation, people making U.S. minimum wage are earning less now than 60 years ago. That should put a smile on B of A executives vulpine faces.

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And You Will Never Get Through To Them

Never. Thankfully we still outnumber them  by 2-to-1 at least, so all this talk of Civil War if Trump is convicted is just chest-beating bluster. There simply aren’t enough of them to maintain—much less win—a Civil War, even with their undoubtedly huge…armaments. Do they really think a collection of AK-47s are any match for an aerial drone? C’mon people…

Yes, if such an altercation starts there will be casualties on both sides, but the United States will not be brought to its knee; this “war” will come to a quick end and that end won’t be the one these Insurrectionists desire. Of that I am certain.

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