Signals of Impending Doom: the 50 Billion Dollar Pyramid Scheme

Bernard Madoff Investment Securities: giant Ponzi scam. This was a well-respected, highly rated security trading company which generated good, consistent returns to its clients for decades - by giving them the money being paid by new clients.

Ave Satanis, finally - confirmation of what I've always secretly suspected. The economy is a scam. I've never been quite so happy to be so poor that even minor mutual-fund or RRSP investments are completely beyond me. And with my creditors getting antsy, I'm practically praying for hyperinflation to hit (not actually praying, of course, since it's a waste of time - whether God exists or not). Even still, I keep getting robocalls from credit card companies that want to offer me low, low rates!!!111! Isn't that what got us in this fucking mess in the first place?

That's capitalism for you. The workers get their $7 an hour for making and selling real products. The bosses get $50 000 a year for telling them what to do and how to do it. The CEO gets billions and billions for telling his company how to make a profit (whether it, you know, actually makes one or not). Shareholders buy stocks to get their piece of the profit pie, then make even more money selling that peice of pie back and forth to each other. Security traders make yet more money figuring out how to sell ever thinner pieces of poison pie at ever higher prices. Except when there's really no pie at all; and for the life of me, I can't figure out how the fuck these people think they can tell when there's pie and when there's not. I mean, if the whole subprime-CDO thing didn't tell us that, we have a perfect example in Bernard Madoff Investment Securities! Then, of course, the Government gets into the act, giving away free money taken from tax-payers to the same people whose monumental pyramid scheme just collapsed. Not to mention the fact that our entire fiat-currency system is built on fairy gold.....

Seriously, how's this for a radical idea? How about the workers decide what they want to produce and sell? How about the workers get a share of the profits and 'put their money to work' improving their own lives and communities? How about we get rid of these all these leeches who think they are so clever-clever that they can become Masters of the Universe without personally creating a single thing that real people actually want or need? Plow the whole fucking system under. Let it collapse and burn. Destruction is renewal. We can build something better in the ashes.

A final thought: as the crash approaches, and the vestiges of the quintillion-dollar pyramid scheme collapse around us, some people are still trying valiantly to profit on human greed and gullibility. I'm really not sure whether I should be aghast or awestruck.