posted on Sep, 15 2012 @ 08:53 PM
They'll give you all types of skewered statistics about wage disparities and tell you that the richest 400 Americans have accumulated as much money
as half of the country. They may even get you wondering how a reasonable person could support any sort of break for these ultra wealthy folks when
they're hoarding all the money but not creating any jobs, keep the tax cuts and stop building new banks.
This may be hard for you to comprehend if you don't have a sophisticated economic mind like I do (which comes in very handy in my job as a truck
driver), so let me explain.
On August fifth The Federal Reserve reported that cash held by U.S. banks rose over eight percent to $981 billion.
Shortly afterward, Bank of New York Mellon announced plans to start charging fees to clients who have too much money in their bank, a scenario that
one analyst said "I've never seen (this) happen, not in 25 years".
Clearly, it is getting to a point that the richest Americans are simply running out of room to store their money. "What does this mean to me, an
everyday Working Joe?" you might ask. That's a good question, Joe, and here's the answer.
When the vaults are so overstuffed with cash that the bank just can't accept anymore, then, finally, the job creators, being encumbered by all that
extra undepositable money, will do America the favor of creating some jobs.