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View Diary: Cheers and Jeers: Wednesday (122 comments)

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  •  We're getting back into the 200x mindset (7+ / 0-)

    where the biggest profits at Target, GM, and other companies came from their financial arms. The financial sites used to call them "bearded banks". When the crash hit, it caused them a lot of problems.

    A key 'tell' is to watch the percentage of S&P 500 profits which are made by financial industry. We want that to be lower, not higher, because we want money to be made providing goods and services, not moving dollars from one account to another.

    I'm on a mission! http://www.dailykos.com/comments/1233352/51142428#c520 Testing the new site rules.

    by blue aardvark on Wed Feb 05, 2014 at 07:05:31 AM PST

    [ Parent ]

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