Waddling Up To the Trough

     Scaramucci's telling us not to malign Wall Street fat cats like him while claiming small businesses "hoard" cash, like him and other Wall Street fatcats. The truth is, many small businesses live from week to week just like their employees. Whatever relief they get from the gov't goes straight back into the economy, which is to say right back into the bottomless, bulging pockets of Wall Street banks and other corporate fatcats.

     Bailing out the American people is the bailout of Wall Street. Instead, what we're seeing is a half a trillion dollars of our money going to Wall St. banks and huge corporations waddling up to the trough licking their chops and rubbing their hands at the thought of all that free loot (essentially double-dipping). Ruhle is right. Anyone can set up a Bloomberg terminal in their own home. And Wall Street hedge fund managers are not losing their fees like tens of millions of Americans are losing their paychecks. What should be our primary focus, the American worker, had immediately gotten demoted to an afterthought.