No hedge fund manager left behind

At last I have my answer to Why A Booming Economy Feels Flat:

Normally, as employees are able to produce more in each hour of work, the result is greater cash flow that can be divvied up between workers and owners or investors. In the long run, rising productivity means rising wages and living standards.

But in the short run, "most of the gains in the economy have gone into profits rather than wages," says Mr. Behravesh.

The latest numbers from the Labor Department, in fact, show average weekly earnings for US workers have fallen by 0.5 percent in the past year, after adjusting for inflation.

In other words the gains from the (supposedly) expanding economy are accruing almost entirely to those who least deserve it: the brokers and money-gamers; the CEOs and hedge farmers. Workers get nothing -- less than nothing if you figure in their vanishing pensions and escalating health care costs -- even as their productivity increases. And in case you think I'm just ranting from out in left field, let's not forget that even Treasury Secretary Snow admitted that "that less educated people have seen their incomes and wages grow more slowly." Since we know by the very presence of a grinning Yale-educated imbecile in the White House that American education is not a meritocracy and is closely tied to class, Snow's statement, decoded, means that poor people are getting screwed.

Meanwhile, let us reflect upon how blueblooded pasty-faced hedge fund managers earn their money: "I got into this business," says one hedge guy—is he stifling a yawn? -- "so I could make money while I sleep."