Wall St.

The Globalized Company Store

Well-meaning lefties sincerely ask "Does the economy serve the people, or do the people serve the economy?"; as if asking that question will put the 1% on the defensive. But, clearly, the economy has been reduced to the stock market, the stock market has been reduced to a handful of massively overvalued tech companies, and the central banks supply zero-interest liquidity to keep those stock prices in the stratosphere. The real world? The massive unemployment, the crumbling infrastructure?

Elizabeth Warren hides from supporters in Northampton, MA

Forty or more peaceable Bernie supporters waited for Senator Warren to appear at the WWII veterans hall in Northampton, where she was slated to talk about "income inequality". That was pretty good turnout on a Sunday, late in the afternoon, with little advanced notice . . .