© Liberty Blitzkrieg
More than any other group, the 1% has been convinced that the stock market represents some sort of leading indicator of wealth and prosperity. Nothing could be further from the truth. Sure, the stock market can function as such an indicator. It is such an indicator when the rising stock market reflects a dynamic, capitalist economy where new industries and companies are rising to the top and improving standards of living for the populace.Eh, so what? It's good for stocks.
It represents the opposite indicator when it merely reflects the ownership interests of the oligarchs in a crony-capitalist, fascist economy that is picking away at the dying carcass of what little economic freedom still remains. This is what a rising stock market actually represents today. When people look at it they should understand it is merely a measure of the oligarchs getting wealthier and more powerful and you becoming more of a debt slave.
It represents their interests in multinational corporations with record profit margins because they refuse to pay their employees a living wage. A rising stock market today is actually a leading indicator of the destruction of the middle class, cultural destitution and a society in collapse.
- From the 2013 post: The Stock Market: Food Stamps for the 1%
Bloomberg reports:
Thanks for playin' America.Workers in plants run by the largest U.S. poultry producers are regularly being denied bathroom breaks and as a result some are reduced to wearing diapers while working on the processing line, Oxfam America said in a report Wednesday.
"It's not just their dignity that suffers: they are in danger of serious health problems," said Oxfam America, the U.S. arm of the U.K.-based global development group. The group works for a "just world without poverty" and focuses on topics ranging from refugees in Greece to malnutrition.
The report cited unnamed workers from Tyson Foods Inc., Pilgrim's Pride Corp., Perdue Farms Inc. and Sanderson Farms Inc. who said that supervisors mock them, ignore requests and threaten punishment or firing. When they can go, they wait in long lines even though they are given limited time, sometimes 10 minutes, according to the report. Some workers have urinated or defecated themselves while working because they can't hold on any longer, the report said. Some workers "restrict intake of liquids and fluids to dangerous degrees," Oxfam said.
The conditions present difficulties, especially for menstruating or pregnant women, according to the latest report. Workers could also face medical problems, including urinary tract infections, and managers have told some workers to eat and drink less to avoid going to the bathroom, according to the report.
For related articles, see:
The Stock Market: Food Stamps for the 1%
The Status Quo Plan - Convince the American Public to Accept Serfdom
Welcome to the Recovery - 1 Out of 7 Americans (45.5 Million) Remain on Food Stamps
Welcome to the Recovery - Homelessness Amongst Students Doubles Since Before the Recession
The Oligarch Recovery - Renting in America is Most Expensive Ever
Another Tale from the Oligarch Recovery - How a $1,500 Sofa Costs $4,150 When You're Poor
Land of the Debt Serf - How "Auto Title Loan" Companies are Ruthlessly Preying on America's Growing Underclass
In Liberty,
Michael Krieger
the first is bad for us, the latter bad for them, either we all lose.