{"id":4043,"date":"2020-05-09T03:01:59","date_gmt":"2020-05-09T03:01:59","guid":{"rendered":"http:\/\/www.sergneri.net\/wordpress\/?p=4043"},"modified":"2020-05-09T03:03:19","modified_gmt":"2020-05-09T03:03:19","slug":"the-investor-class-is-excited","status":"publish","type":"post","link":"https:\/\/www.sergneri.net\/wordpress\/index.php\/2020\/05\/09\/the-investor-class-is-excited\/","title":{"rendered":"The investor class is excited"},"content":{"rendered":"<p>From the comments on this NYT essay on <a href=\"https:\/\/www.nytimes.com\/2020\/05\/08\/upshot\/virus-jobless-rate-demand-collapse.html?action=click&#038;module=Top%20Stories&#038;pgtype=Homepage#commentsContainer\" rel=\"noopener noreferrer\" target=\"_blank\">The Disastrous Employment Numbers<\/a>, May 8, 2020:<\/p>\n<blockquote><p>sedanchair<br \/>\nSeattle  9h ago<\/p>\n<p>@nero Because thanks to Trump, they can simply steal our money and get away with it on a scale unprecedented even in previous bailouts. As with every scam Trump ever participated in, there\u2019s no need for actual work to get done. As long as everyone in on the scam gets paid off. <\/p>\n<p>The investor class is excited because the market signals are telling them that they have finally transcended the need for a working class at all. They can just watch us die off as surplus population while the government repeatedly changes the rules to pay them off over and over. The system is cannibalizing itself.<\/p><\/blockquote>\n<p>Couldn&#8217;t have said it better myself &#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>From the comments on this NYT essay on The Disastrous Employment Numbers, May 8, 2020: sedanchair Seattle 9h ago @nero Because thanks to Trump, they can simply steal our money and get away with it on a scale unprecedented even in previous bailouts. As with every scam Trump ever participated in, there\u2019s no need for &#8230; <span class=\"more\"><a class=\"more-link\" href=\"https:\/\/www.sergneri.net\/wordpress\/index.php\/2020\/05\/09\/the-investor-class-is-excited\/\">[Read more&#8230;]<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6,9,2308,11,2520,13,14,17,19,1],"tags":[2590,2589,1743,2591],"class_list":{"0":"entry","1":"post","2":"publish","3":"author-sergneri","4":"post-4043","6":"format-standard","7":"category-ethical-and-green-living","8":"category-finanace","9":"category-future-of-work","10":"category-it-failures","11":"category-pandemic","12":"category-politics","13":"category-racism","14":"category-thinking-about","15":"category-trump","16":"category-uncategorized","17":"post_tag-investor-class","18":"post_tag-scam","19":"post_tag-trump","20":"post_tag-working-class"},"_links":{"self":[{"href":"https:\/\/www.sergneri.net\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/4043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sergneri.net\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sergneri.net\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sergneri.net\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sergneri.net\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=4043"}],"version-history":[{"count":3,"href":"https:\/\/www.sergneri.net\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/4043\/revisions"}],"predecessor-version":[{"id":4046,"href":"https:\/\/www.sergneri.net\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/4043\/revisions\/4046"}],"wp:attachment":[{"href":"https:\/\/www.sergneri.net\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=4043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sergneri.net\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=4043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sergneri.net\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=4043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}