wcrxlp editorial collective

Wake Up America, You’re Sinking

Most illegal immigrants are cash laborers and off book employees. They are not working for FICA paying employers.

The borders are not open to create taxpayers; the borders are gaping because the illegals borrow money from payday lenders and finance companies to buy used cars and derelict houses.

Finance capitalism needs a constantly expanding population of borrowers and the illegals are the best available fresh supply.

The constant need for new debtors is the principal that explains why banks were early supporters of feminism, and like the open borders.

Before the illegals came on the scene, the banks wanted women employed so the women could borrow money. This expansion of the roll of debtors with women explains much of the prosperity of the last thirty years.

What is amazing about the bubble(s) is that the financial damage is being suffered by sophisticated investors, financiers and financial institutions.

Abandoning old-fashion prudent lending standards and prudent investment judgment, then putting capital on the line to buy into the imaginings of the best and the brightest, has predictable expensive results.

It’s a rich man’s financial depression. For blue collar workers, its just the usual job insecurity from a new and different set of ugly government policies and irresponsible business strategies.

The health care finance system is actually deflating. The salaries that female physicians are accepting from institutions are significantly less than was common when medicine was a male-dominated profession.

Look at the physician salary data when controlled for gender and you’ll see how HCFA planned to finance health care shortfalls first out of the purses of female physicians. And using those lower salaries to drive hard bargains with the more expensive males.

Male physicians haven’t really comprehended the downward pricing pressure that their female colleagues bring to the healthcare finance equation.

Hedge funds. Roskoph is right. Hoist by their petard.