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The difference is the people in charge can take what they want regardless of the consequences.
If you're talking about the government, you are entirely correct. If you're talking about corporations, we aren't slaves and no employer can take from you without your consent.
That's disgusting! The top 10% have made sure they can have their,yachts, 3 or 4 beach homes, while their employees struggle to make ends meet. Once greed took over in this country back in the 80's it's been downhill for the majority of Americans ever since.
Oh is that when this happened - I do remember the '70's being BETTER somehow.
The first rule of capitalism is to find a customer & satisfy one of their needs. The first rule of capitalism is focusing on someone else & how you can solve a problem for them. The first rule of capitalism is no one gives you something - you must earn it by doing something valuable for someone else.
The top CEO's take it all. These days there is no value in the stock market! They don't even have good returns on investment and the CEO's make many millions a year. Sometimes millions a month. It is what it is. I don't think the US will get any better. If you want to invest, it is better to invest in Japan where taking huge salaries isn't in their culture unless the company is making a lot of money. In the US the CEOs make millions on a company that is going into the tank. Bank bailout anyone? Goodness, what a scam!!
I'm amused by ideological postings that ignore reality. Sorry, reality just didn't conform to your narrow-minded ideology.
...Equally so, I addressed the insidiousness of borrowing against fake value, based on stock trade prices that are systamatically [sic] known to be over-inflated by 300-3000% ...
Talk on a billboard is cheap. How do you deploy your personal wealth? If you truly believe what your wrote, you would be short the stock market. Are you? Post a screen pic showing how you personally are short the stock market (edited for privacy, of course).
Is trying to get by on a poverty level income greedy?
It can be incredibly self-centered.
Income & wealth come from finding a need that someone else has and satisfying that other person's need. It takes selflessness to focus on other people & finding a way to solve other people's problems, to solve a company's business problems, to find a niche & fulfill it. The only way you know if you've solved someone else's problems or satisfied a need is if they pay for it. Both people in the transaction are better off: the buyer because she voluntarily exchanged money for the solution, and the seller because she voluntarily exchanged the solution for money. Wealth has been created.
The college example is greatly over rated. College if done right isn't some rediculous cost, yes it has outpaced any inflation but this is another example of how Americans have let wants get ahead of or change needs not to mention not everyone is college material. Kids don't have to leave home for college, don't need to rack up 30-50k a year just for the education and "experiance" the truth is on average only 70% of grads are in debt when they get out and with an avg debt of 29k or so. These numbers would be even lower if you went to community college first and then transferred. All that said it's an expense you keep using as an example and greatly overblown.
A lot of people should just go to a two-year community college. After the two-year stint there, they can they decide whether they want to continue on at a major university or not. A lot of people could save a lot of time any money that way and build up their resumes with real work experience instead of wasting four years at a university and coming out with a worthless degree.
A person who, at 18, began working full-time and studied at a community college part-time and then transferred to a university would have more direction and be more mature. Most of the kids we're sending to college straight out of high school aren't mature enough for the experience. They just want to party and take the path of least resistance, which is why they end up choosing garbage majors.
No one is really sitting them down and doing the math with them. So, you're going to major in psychology? How many of your friends are majoring in psychology? How many of your friends' friends are majoring in psychology? If you get a big number, that's who you'll be competing with in the marketplace. Now, do the same exercise with engineering, computer science, math, physics, etc.
It's a damn shame how we're just shoving kids into college with no direction and guidance. We never help them to put their majors into context.
Talk on a billboard is cheap. How do you deploy your personal wealth? If you truly believe what your wrote, you would be short the stock market. Are you? Post a screen pic showing how you personally are short the stock market (edited for privacy, of course).
Otherwise, it is just so much hot air.
What would make you think I need to justify anything about my personal business to you or anyone else. If you want to post yours you are quite welcome to do so.
No one knows when the corrections will come, if you want to gamble, by all means indulge yourself at your will and want.
Last edited by Chance and Change; 10-31-2014 at 12:07 PM..
What would make you think I need to justify anything about my personal business to you or anyone else. If you want to post yours you are quite welcome to do so.
No one knows when the corrections will come, if you want to gamble, by all means indulge yourself at your will and want.
I have played a couple stocks for fun.......had one good "dead cat bounce" and got out.
That's disgusting! The top 10% have made sure they can have their,yachts, 3 or 4 beach homes, while their employees struggle to make ends meet. Once greed took over in this country back in the 80's it's been downhill for the majority of Americans ever since.
Life's tough. Suck it up.
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