The updated corporate profit data in Friday's GDP release reminded me of the demise of America at the expense of Wall Street.
America was once a country built on the solid foundation of the hard work, satisfaction and pride in the building of stuff. We aren't talking about "namby pamby" stuff; we're talking about real stuff. We used to produce everything from automobiles to steel to blue jeans — right here in America. We ran telephone lines, built roadways and bridges, drilled for oil and constructed buildings. It was the sweat of the brow and the strain on the back that built America into its former shining self. We were a country of opportunity and prosperity with a solid moral foundation and a strong military to back it up.
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