Money is no longer a tool of investment. It is a weapon with which you eliminate your competition and with which you practice hypertrading so you can make pennies on the dollar at the rate of ten thousand trades per second. Valuable materials are owned by the same people who speculate on their value and Congress continues to pass laws that make such fraud legal while protecting those who they hope will make donations to their campaigns. Money is finite resource and needs to be recirculated into the society in order for society to flourish, but “Greed is Good” and as long as “i have what I need, why should I care about those other guys.” The pool is getting stagnant, and our nation is suffering. Capitalism is a great way to exchange goods and services, but if too few people are clinging to too much of the capital, liberals and conservatives alike will suffer.Respectfully,C.
Not to disagree with your advice, but ENRON and it’s emulators, who encouraged/implemented employee investment, taught even the educated the danger of such economic nepotism. Diversity is the cure, but for many folks, that is a difficult concept and set of choices not easily understood/practiced by the ‘average’ individual. ENRON (& others) promised BIG, but, in the end devastated the economic security/retirement funds of hundreds of their own people and thousands of others – even the “knowledgeable” ones – well before the Crash of ‘07. It’s hard to believe in folks who do their best to reduce your real income and benefits (for which you may have given up higher monetary compensation), take huge salaries, bonuses and guaranteed severance packages while sending your company/division/product down the tubes to inflate all of the above – and go on to the next “Big-Gulp”. Investing is NOT simple, easy, friendly for those of average means and education. Success is a “Crap-Shoot”, even for the focused & skilled…and that’s not accounting for the predatory character of modern “Hyper-Capitalism”. Maybe if I’d had some real advice, education, help…I’d have been better set when a medically-forced retirement ended my “career”.
“Facts are stubborn, but statistics are more pliable.” – Mark Twain…a more polite way of saying "Figures can lie as long as (people with an “agenda” can figure". The “Mail” item: http://www.dailymail.co.uk/news/article-2082385/We-1—You-need-34k-income-global-elite—half-worlds-richest-live-U-S.html , disregards statistically normalizing / mitigating conditions and factors to produce an inflammatory and misleading ‘factoid’ (check the ‘Comments’) for the use of such pot-stirrers and bomb-tossers as yourself. Well done !
Ah, but you condemn those, like young children who have not had the chance to make a choice among those who must suffer because you have no sympathy for them when you cut the very programs that can keep them alive, educated, healthy and not doomed to follow the paths of failure which you condemn.
Harleyquinn, you attempt to compare a $34K income in the US to what it would do elsewhere, ignoring completely the vast differences in the economies and costs of living around the world.
Not really a smart idea revealing how little you know of the world.
sw10mm almost 11 years ago
Quit waiting on the government or the rich to support you and go out and make your own fortune.
Magnaut almost 11 years ago
Agreed! Liberalism sinks all boats (except the one the politicians are in)
chazandru almost 11 years ago
Money is no longer a tool of investment. It is a weapon with which you eliminate your competition and with which you practice hypertrading so you can make pennies on the dollar at the rate of ten thousand trades per second. Valuable materials are owned by the same people who speculate on their value and Congress continues to pass laws that make such fraud legal while protecting those who they hope will make donations to their campaigns. Money is finite resource and needs to be recirculated into the society in order for society to flourish, but “Greed is Good” and as long as “i have what I need, why should I care about those other guys.” The pool is getting stagnant, and our nation is suffering. Capitalism is a great way to exchange goods and services, but if too few people are clinging to too much of the capital, liberals and conservatives alike will suffer.Respectfully,C.
joe vignone almost 11 years ago
I guess their anchor chain was shorter.
Robert C. Premium Member almost 11 years ago
Not to disagree with your advice, but ENRON and it’s emulators, who encouraged/implemented employee investment, taught even the educated the danger of such economic nepotism. Diversity is the cure, but for many folks, that is a difficult concept and set of choices not easily understood/practiced by the ‘average’ individual. ENRON (& others) promised BIG, but, in the end devastated the economic security/retirement funds of hundreds of their own people and thousands of others – even the “knowledgeable” ones – well before the Crash of ‘07. It’s hard to believe in folks who do their best to reduce your real income and benefits (for which you may have given up higher monetary compensation), take huge salaries, bonuses and guaranteed severance packages while sending your company/division/product down the tubes to inflate all of the above – and go on to the next “Big-Gulp”. Investing is NOT simple, easy, friendly for those of average means and education. Success is a “Crap-Shoot”, even for the focused & skilled…and that’s not accounting for the predatory character of modern “Hyper-Capitalism”. Maybe if I’d had some real advice, education, help…I’d have been better set when a medically-forced retirement ended my “career”.
Robert C. Premium Member almost 11 years ago
“Facts are stubborn, but statistics are more pliable.” – Mark Twain…a more polite way of saying "Figures can lie as long as (people with an “agenda” can figure". The “Mail” item: http://www.dailymail.co.uk/news/article-2082385/We-1—You-need-34k-income-global-elite—half-worlds-richest-live-U-S.html , disregards statistically normalizing / mitigating conditions and factors to produce an inflammatory and misleading ‘factoid’ (check the ‘Comments’) for the use of such pot-stirrers and bomb-tossers as yourself. Well done !
1BiGl3dFo0tS Premium Member almost 11 years ago
Ah, but you condemn those, like young children who have not had the chance to make a choice among those who must suffer because you have no sympathy for them when you cut the very programs that can keep them alive, educated, healthy and not doomed to follow the paths of failure which you condemn.
You have a serious lack of insight.
1BiGl3dFo0tS Premium Member almost 11 years ago
Harleyquinn, you attempt to compare a $34K income in the US to what it would do elsewhere, ignoring completely the vast differences in the economies and costs of living around the world.
Not really a smart idea revealing how little you know of the world.