The Spark

“The emancipation of the working class will only be achieved by the working class itself.” — Karl Marx

JPMorgan Chase Sucks Up the Wealth

Jul 16, 2012

JPMorgan Chase, one of the largest banks in the world, recently announced that they lost 5.8 billion dollars on botched trade deals last year.

Poor little JP! In the meantime, they reported second-quarter profits of a staggering five billion dollars! Five billion dollars profit in three months! That is incredible!

Where did all this money come from? Why, us, of course. This huge banking establishment takes in wealth produced from our daily sweat and labor, money stolen from underwater home owners, money gained from repossession of houses, interest money stolen from us on every credit card and loan transaction. They are like a huge vacuum cleaner sucking up all the wealth on the planet for their own fun and speculation.

Maybe we should go out and botch some trade deals too, and demand reimbursement on a scale of four to one!