pknopp
Diamond Member
- Jul 22, 2019
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- #141
you continue to speak in generic terms about specific events. which "people" are suffering? prove it's because of shareholders vs. you just taking the "big money = bad" approach and using soft terminology to define your hard beliefs.I will note, you only say that the employers must give up something, but never mention the shareholders giving up something.
So you will continue to pay more in taxes for welfare so shareholders can be happy.
Well that's true, because the shareholders are simply... not going to give up something.
I'm a shareholder myself. I own stock in many companies.
I can promise you, that once a year, I review my investments. If I see that my investments are not paying off, then I sell them off, and buy investments that do pay off.
I'm sure there are professional investors who check every month, and review what is paying off, and what is not. Companies that fail to payout to investors (shareholders), will end up losing investments, or having the shareholders vote out management, and replacing them with people who do the job.
I think this is another one of those areas, where people think "everyone else should do... what I would never do".
Because you would never do that. You would never invest thousands of dollars, and not get a good return on your investment. Honestly, if I didn't get a good return, I could move my money over seas. I already have open investments in Japan, Taiwan, and Hong Kong (yes, which is now china).
Why would I cut my ROI on investments, when I have tens of thousands in investments? If you are going to cut that down, I would just put my money in CDs, and not take the risk of stock investments. There has to be a pay off, worth the risk of the investment.
The world should not revolve around "shareholders". A company can be profitable but still get crushed because they are not "profitable" enough.
People shouldn't have to apply for welfare because 8% isn't enough for shareholders.
you keep using these extreme situations and trying to pass them off as common occurrences. not *everything* should be addressed nor fixed and these generic "down with the rich" is bullshit to the core.
Look at what the markets did with oil awhile back. $150 a barrel. There was no justification for that. That hurt working people a lot.
You can argue it's one instance. The demand for lower and lower rates has hurt retired people who save for decades big time. The system should be balanced not weighed 98% for the markets.
Look at the complete over reaction right now. That's not good for anyone but a very few who can sit in an office with a computer taking advantage of the situation while others have to be out doing an actual job.
How do you know what there is, or is not, a justification for?
If the demand out paces demand, the price goes up. Every indication is that the price followed the supply and demand curve pretty well.
Just like price is following the supply and demand curve now.
Demand has fallen, and supply is high, so prices have fallen.
It's always funny how people who know literally nothing about any given market, are always talking about how they knew when a price is justified or not.
The oil producers noted many times that there was plenty of oil and there is no justification for the prices.
There were tankers sitting idle full of oil.
I can remember being told to get used to it, oil would always be over $100 a barrel. It's too bad I can't ask that person today about that prediction.