Should the common stock of a public corporation earning $10 billion a year sell at a price earnings multiple of 25x, the shareholders’ aggregate investment would be worth $250 billion. If half the earnings were paid out as dividends, stockholders would get $5 billion a year cash money. If “stock options” amounted to 4% of the issue, however, the CEO and them would be skimming $10 billion a year in paper money from shareholder savings, pilfering twice as much as the dumb suckers think they’re raking in as dividends from this blatantly criminal enterprise.
Every single year. None of that is ever reported in a meaningful way in company financials. All we know about our investments for sure is, whatever the real numbers are, it’s all theft of the family savings.
Keith Olbermann, the self-acclaimed populist, didn’t mention this on his brand new populist show last night. This populist never mentioned it on his old populist show either. How a populist can miss the elephantine transfer of wealth from the populus is beyond us, especially since this has been going on for 3 decades now, resulting in 1) the embezzlement of the entire amount of public savings invested in the stock market on Dec 31, 1980, the day before equity compensation racketeering became exempted from prosecution by Congress and Jimmy Carter, and 2) the establishment of a brand new aristocracy, wealthy corporate mobsters.
Whatever Keith Olbermann thinks he's doing, the populist exists to offer up banal distractions to the victims of the biggest swindle in the history of mankind, a con that is still ongoing. He helps make sure the populus never finds out it's being ripped off by pointing it somewhere else.
Michael Moore was the populist’s first populist guest. That populist is supposed to be all over this kind of populist thing too. He isn't. Who knows, maybe these are just the two dumbest people in the world.
We live in a land of complete morons. Viewing the new show last night, it seemed fitting that this would be the pair showing us the answers without referencing anything even remotely close to the problem.
You might as well watch Countdown with Keith Olbermann anyway. Nobody does whatever the hell it is that he does, any better.
