Paul23 wrote:What did I say about the socialist charges? Someone says that the people should run the corporations and the right-wing corporatists come out of the woodwork to defend the criminals. Obvious.
People do run the corporations. See, the way a corporation works is, the COMMON STOCK SHAREHOLDERS (not necessarily employees) each have votes pursuant to the number of shares they hold, or percent of ownership; with those votes, they vote for the board of directors. The board of directors choose the executives. The shareholders get a percent of the profit if the board of directors decide to pay a dividend; if they don't pay a dividend, they reinvest the profit into the company. What you are proposing is government takeover of corporations, which is, by definition, socialism or communism.
Paul23 wrote:And they like normal spread the myth about the government. Except the government is run by the people and the only reason the government works against the people is because of these corporations abusing the government. If these corporations were banned, the people could get things done and we could all work without the corporate invasion.
The people only care about their own districts and who will get them the most federal cash. The banning of corporations would destroy the tax revenue stream which would in turn destroy any sort of federal funding for anything. Everyone would have to work for the government otherwise they wouldn't have jobs. Government jobs are very strict in terms of pay grades and requirements for promotions, so there is a lot less incentive to do well at your job to move up...from what I've seen, ambitious types don't apply for government jobs - they apply at large corporations where they have more room for personal, professional, and bank account growth.
Paul23 wrote:Koberules seems to think that corporations act in a way that does not murder people, and this exposes just how naive he is. Anyone who thinks a corporation will not murder people to acquire greater market share is someone who has not studied economics. And someone who does not think the people should control the corporations instead of CEOs is someone who is in the pocket of said corporations, because no sane human would allow any business to steal their money for essential goods.
It's obvious YOU haven't studied economics. At any level. You're naive to think that any sort of government run economy will work; the free market corrects itself. The reason why the last bubble was so bad was because in the prior three recessions monetary policy was used to prop up the economy as opposed to letting a true market correction take place. Because of government intervention, companies that should have failed stayed afloat, interest rates were too low, money was/is too cheap, etc. A true free market economy is impossible, but there needs to be less government meddling in the economy. I'm not saying no regulations - I'm far from the laissez fare type - I'm saying that the regulations should be specific with no loop holes and there should be no government subsidies for ANYTHING as it pushes (as someone noted) companies into whatever area is being subsidized, be it soybeans, wind power, or gasoline.
Shadowgrin, BP paid me quite well...indirectly. I shorted them in April and bought back in when they were around $28/share last month. I did the same thing with Citi and keep putting limit orders in at $3.95...have a couple hundred shares of C now with a flat cost basis at the moment. I'll be sitting good if they hit their target of $5-8 a share.