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$1Tn Thursday – Infrastructure Bill Keeps Markets at their Highs

What else could matter?    $1,000,000,000,000 is 20% of our quarterly GDP and, in Q1 and Q2 of this year, the Government went $2.5Tn into debt already (25% of the first half GDP) along with the Fed's $720Bn in the first hald and now it's Q3 so it's time for another Trillion, right?  After all, US Comapnies only made $6.8Tn last year and they paid $212Bn in taxes so it's only fair that we give them at least $1Tn per quarter in assistance because, after all – who could possibly be more deserving?    In fact, thanks to the Fed-induced inflation (and notice on this chart that the Fed itself is a Corporation – NOT a Government entitiy, that made $322Bn in profits during last year's crisis), Corporate Profit Margins are at record-highs.  Never before in history have Corporations made a larger profit selling things to people.  In fact, 12.5% net profit margins for the S&P 500 are a fantastic 25% higher than the normal highs – no wonder those profits are so excellent!   America is truly unique, even among Capitalist Nations, as we pretty much let Big Business do whatever they want with pretty much no conserquences.  We call it "Free Market Capitalism" but in college it was called an Corporatocracy,  a term used to refer to an economic, political and judicial system controlled by corporations or corporate interests .  In a Corporatocracy you would find "Bank Bailouts, Excessive Pay for CEOs along with the Exploitation of National Treasuries, People & Natural Resources."  Sound like any countries you know?    Look at the burden that is placed on the people of the US to pay taxes compared to the rest of the developed world (and our inclusion in the average makes it look better than it is): This is MADNESS people we pay almost double the Individual Taxes, more than double the Property Taxes while our Corporations pay about half the consumption taxes and far less than half of the taxes on their income which, as you can see from the first chart – is already 4 TIMES larger than the entire rest of the World combined!    …

Visualize How Enormous U.S. Corporate Profits AreWhat else could matter?  

$1,000,000,000,000 is 20% of our quarterly GDP and, in Q1 and Q2 of this year, the Government went $2.5Tn into debt already (25% of the first half GDP) along with the Fed's $720Bn in the first hald and now it's Q3 so it's time for another Trillion, right?  After all, US Comapnies only made $6.8Tn last year and they paid $212Bn in taxes so it's only fair that we give them at least $1Tn per quarter in assistance because, after all – who could possibly be more deserving?  

In fact, thanks to the Fed-induced inflation (and notice on this chart that the Fed itself is a Corporation – NOT a Government entitiy, that made $322Bn in profits during last year's crisis), Corporate Profit Margins are at record-highs.  Never before in history have Corporations made a larger profit selling things to people.  In fact, 12.5% net profit margins for the S&P 500 are a fantastic 25% higher than the normal highs – no wonder those profits are so excellent!  

America is truly unique, even among Capitalist Nations, as we pretty much let Big Business do whatever they want with pretty much no conserquences.  We call it "Free Market Capitalism" but in college it was called an Corporatocracy, a term used to refer to an economic, political and judicial system controlled by corporations or corporate interests.  In a Corporatocracy you would find "Bank Bailouts, Excessive Pay for CEOs along with the Exploitation of National Treasuries, People & Natural Resources."  Sound like any countries you know?   

Look at the burden that is placed on the people of the US to pay taxes compared to the rest of the developed world (and our inclusion in the average makes it look better than it is):

US Tax Revenue: Government Revenue in the US | Tax Foundation

This is MADNESS people we pay almost double the Individual Taxes, more than double the Property Taxes while our Corporations pay about half the consumption taxes and far less than half of the taxes on their income which, as you can see from the first chart – is already 4 TIMES larger than the entire rest of the World combined!  


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