The Myth of the Populist Stock Market, One Market Under God

[EVDebs]

"...major retirement pension plans lost $1 trillion from the beginning of 2000 through beginning of 2003." and

"At the height of the boom, however, the bottom three-quarters of American households owned less than 15 percent of all stock. Barely a third of households hold more than $5,000 in stock. Most Americans have more debt on their credit cards than money in their mutual funds."

From
http://www.csmonitor.com/2004/0108/p09s01-coop.html

And Thomas Frank's book "One Market, Under God" go a long way to debunking the free market theology the Republican Party proslytizes about. "Mammon" being served, the faithful keep pushing these disasters upon us. Now comes the required Social Security privatization scheme. Lord (the real deal), help us !