Crude oil was just halted on the NYMEX after trading up over 10%. Today's gain, if it holds, would be the 8th largest one-day gain going back to at least 1986.
The richest one percent of this country owns half our country's wealth, five trillion dollars. One third of that comes from hard work, two thirds comes from inheritance, interest on interest accumulating to widows and idiot sons and what I do, stock and real estate speculation. It's bullshit. You got ninety percent of the American public out there with little or no net worth. I create nothing. I own.
Monday, September 22, 2008
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