Friday, November 27, 2020

Tag: Upton Sinclair: The Brass Check – Brazen Times in Donnie-dom

Upton Sinclair: The Brass Check – Brazen Times in Donnie-dom

from Jesse’s Café Américain:
I will probably update the charts and other information over the weekend.

Considering that today was a Non-Farm Payrolls report, the action in the markets is not particularly surprising.   The talking heads were calling this an almost perfect ‘risk-on’ jobs report.   Right.  Plenty of crappy jobs at wage levels for an unsustainable recovery.    

Not one thing has change in my mind for the intermediate to longer term. Its just that the antics of the major corporate/financial players is becoming more brazen in Donnie-dom.

These quotes are from The Brass Check which was written by Upton Sinclair in 1919.
brass check was a token purchased by a customer in a brothel and given to the woman of his choice. Sinclair saw the moneyed interests of his day holding brass checks with which to purchase politicians, journalists and their editors, and other thought leaders of the day.