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Corporate greed knows no bounds......All American Big Bussiness and politicians care about is the all mighty dollar......
Big business should be, politicians should have other items on their agenda also. Politicians do have to worry about big business as somebody needs to pay the bills. Whether folks think they are paying their fair share is debatable but they are paying the lions share between the affluent and business
Location: Finally escaped The People's Republic of California
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Quote:
Originally Posted by TuborgP
Big business should be, politicians should have other items on their agenda also. Politicians do have to worry about big business as somebody needs to pay the bills. Whether folks think they are paying their fair share is debatable but they are paying the lions share between the affluent and business
Corporate America use to care about thier employees too. 30 years ago most Corporations bad a defined pension retirement system in place for thier employees. Now if they offer anything at all it is a 401k plan that the worker puts money in. Meanwhile the CEO's have million dollar severance packages on top of million dollar salaries.
We got a letter from Walgreens telling us we would no longer be able to use our Blue Cross/Anthem insurance for prescriptions as of January 1....no problem, there are 2 other pharmacies that are just as close that will honor our insurance....mostly we get things through the mail now anyway.
Corporate America use to care about thier employees too. 30 years ago most Corporations bad a defined pension retirement system in place for thier employees. Now if they offer anything at all it is a 401k plan that the worker puts money in. Meanwhile the CEO's have million dollar severance packages on top of million dollar salaries.
Shareholders are the ones who ought and can have a say in Executive compensation. They are the owners of the corporation and the CEO is and should be working on their behalf and seeking to maximize profits. The issue is when Executive compensation comes at the expense of shareholder dividends. I wonder how many investors in here are willing to compromise their portfolio returns to make non shareholders/investors happy? I wonder how many retirees are more worried about whether the companies they invest in are providing pensions or increasing the value of their holdings? Pensions can play a very important role in corporate fringe benefits for employees but it isn't the reason the company exists.
Yeah, that! Now our meds are being taken off automatic refill. I'm sure it's because they hope us old retirees will forget to order refills and save them some money.
Glad I'm not that dotty yet! I wanna stick it to 'em every chance I get.
If you really believe the pharm companies are making financial killings, then become a stockholder and participate in the returns. I did that years ago with an oil well partnership investment. Every time gas prices increased, I paid more at the pump but did better on my investment. Overall it turned out to be a poor investment but it was satisfying to retrieve some of my gas expenses.
If you really believe the pharm companies are making financial killings, then become a stockholder and participate in the returns. I did that years ago with an oil well partnership investment. Every time gas prices increased, I paid more at the pump but did better on my investment. Overall it turned out to be a poor investment but it was satisfying to retrieve some of my gas expenses.
Easier way to do it is to invest in an energy mutual fund and make a lot more than your energy cost increase if you invest a lot. Just know when to get in and when to get out which is most important.
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