Yeah they are making a killing buying stocks lately. Dow down 2000 points since Jan 2nd. Keep buying right?

Corporate America is what brought prosperity to this country which deep thinkers like you seem to have forgotten. And for those like you who choose to depend on Social security for your retirement, good luck to you. A 401k account is hardly for the rich.

i wish i was rich, then i wouldn't have to worry about where my 401k is right now.

thing is, many say that our huge debt is what's killing our economy-it's not the only issue, but it's a big one. we want new regs on banks, etc, but our spending ballooned, which is making our deficit balloon-so how can this spending package possibly help? well, it won't. go from clinton to now-look at our economy from then (when we had surpluses) to now, when we've had the biggest deficits ever... but the dems got what they wanted, with huge increases where they wanted to spend-including a health insurance trust fund-and i think everyone has seen where health stocks have gone since then...if this is the cure, i think i'd rather suffer from the disease!

Corporate America brought prosperity to this country when they actually offered fair wage employment to the citizens, that disappeared when greed dictated that they transfer those jobs to the 3rd world for pennies on the dollar, yet kept prices at or above levels when the goods were made here. Or maybe I'm just being shallow.....:D
We have been warned about SS for many years now, hell you can't depend on it now for retirement because it won't cover health care costs.

btw, they are make a killing in the market....yet.

Yeah look how well "fair" wages worked for the auto industry. You would rather pay twice as much for the same product if it was American made? How exactly is that good for the consumer or vaunted middle class. The problem with your arguement is that in this country everyone has the opportunity to choose what they do. They also have the opportunity to start their own business if they arent satisfied with their current wages. To say that workers should be equally compensated in regards to profits of a company is foolish. Companis exist to make profits, not to serve as work programs. If a company owner thought that raising wages would benefit the company with added productivity they would do it in a heartbeat. But to simply give money to workers is counterproductive especially when business have downturns like all of them do. If the business isnt allowed to profit great enough to survive the downturns then how exactly is it better for the worker when they are laid off because the company went under? This is nothing but another form of class warfare that the Democrats wage. The thought that the evil owners of corporations are the enemy when it is their vision and ideas that have been putting food on your table for years is beautiful. Did somewhere along the line we become a communist state where everyone should be equally compensated?

1. The auto industry only has themselves to blame for getting bullied by the UAW. As much as I support unions, these guys are on the far end of the spectrum and are not a good measuring stick for others.

2. American-made products don't need to cost 2x as much. It would just mean a little less profit at the top.

3. Corporations have not put food on my table. They give me the oppurtunity be compensated so that I can choose how I spend my money. They offer me a job and I accept or reject that offer based on my scale of fairness. They are not doing me a favor by employing me and I am not doing them a favor by working for them. We are simply filling each others need.

4. I never mentioned that there should be equal compensation for all.

5. As far as corporations being evil - lol

What did I say that you find absurd.
Teach please. I can read. I can understand.
What have I said about the stock market you find wrong.
Banks... What exactly?

THe DOW rose about 150 point today.
Why? Something that is your own please.

You need to read more than my ramblings. Try the WSJ and The Economist for starters.

I read those.
Which articles.
Besides the ones you have already posted.
And I need to know what you disagree with
in what I posted about the stock market.

Its my own perspective. But I really see a flaw
in people claiming each day that they know why
the stock market went up or down.

The stock market is going to have fluctuations daily based on various factors. The trends of the Dow dropping 3000 points since the election is far more important than the day to day gains and losses. While you cant outright blame Obama for the drop, it certainly can be said that the market is really pessimistic about the plan hence the continuing decline.

If you read the WSJ daily and the Economist weekly and throw in the Financial Times on occasion for the really European view you will at the very least understand a lot of the subtleties that the mainstream media wont cover because the general public has an attention span of three seconds and wont understand most of it anyway. WSJ leans right, Economist leans left and the FT is a bit bizzare

OK.
This is almost exactly the way I look at it
except that there is more than the plan
to be pessimistic about.

I would have to believe our foreign affairs situation
has also played somewhat of a role.

I would also note
that most of the other major economies are going
through very close to the same thing we are. With Great Britian
taking to a plan that is very Obama like before
Obama. And with lots of foreign economists sneering
at us for thinking the free market would take care of
itself. And Greenspan apologizing for his role in believing
too much in this.

Finally. The Bush adm. watched the market take its largest
plunges. This must also be explained. This did not start
because of over regulation and not because Barney Frank
insisting mortage companies give bad deal loans to poor people.

You are going in too many different directions and I am tired.

I only see one

The Clinton Administration used to manufacture one crisis after another. Everything was a crisis.

...they knew that if it were a crisis that action had to be taken and that action was always evil

well now that we have a real crisis.. the action is by the current administration is
















EVIL

And the war on terrorism.
What color alert are we on right now?

Oh.
Forgot they dropped that crisis warning.

I wouldnt want to play down any of it ,Mr Obama has most likely dismantled that button so not to make the American people think that Muslim radicals still want us dead because all of a sudden they have changed their minds about us. Our country is in such a perilous situation at the moment , we hold no one accountable for anything ,from mortages people cant afford to Wall Street scum that have bilked many of all they have , we are now going to punish people for making money even though they spend more thru goods and products and charitable donations than the middle class make in one year . We are embarking on a new way of doing things and to be honest it doesnt seem much diffirent other than we will reward people for being lazy and irresponsible and spend more money from the hard working Americans than we ever have. Im calling bull sheet.

Clinton manufactured them
and oddly enough
is responsible for the real crises

maybe so , but when did the deregualtion occur who signed and what treasury secretary endorsed and then for the good of man spent the next 6 yrs in chicago with obama helping out inner city communties , oops i mean went to ny and became a special advisor to citibank and made $100mm big ones?

leave slick willie alone hes the peoples champion..:rolleyes:

If Clinton manufactured them,
then Bush made them famous.

For a while.
So what party has done best job at using
scare tactics?

The Taliban?