go to management sure
when I had investments in the market I never got a dime of profit as a shareholder, so what shares do you own that are receiving too much profit that I can tax?
Any opinions expressed by me are mine alone, posted from my home computer, on my own time as a free American and do not reflect the opinions of any person or company that I have had professional relations with in the past 55 years. meep
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You're making a nice impression of a brick wall today.
Try Krugman's column today. Maybe that'll help.
http://www.nytimes.c...are-the-99-9.html I think I'm done. Got chores to do... ;-) Cheers, Scott. |
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you brought up shareholders by and large shareholders are us
Any opinions expressed by me are mine alone, posted from my home computer, on my own time as a free American and do not reflect the opinions of any person or company that I have had professional relations with in the past 55 years. meep
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Wrong
http://www2.ucsc.edu...power/wealth.html
In terms of types of financial wealth, the top one percent of households have 38.3% of all privately held stock, 60.6% of financial securities, and 62.4% of business equity. The top 10% have 80% to 90% of stocks, bonds, trust funds, and business equity, and over 75% of non-home real estate.When you say, "by and large shareholders are us," are you blind, stupid or mendacious? I like you, man, but that's a fucking whopper by any standard. --
Drew |
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Hey, maybe he's REALLY rich and we didn't know!
Listen to a story 'bout a man named Jed
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do you have a 101k?
if you do what do you think its invested in?
http://www.palmbeach...-sink-751950.html free example what drove the tech bubble back in the day? 401k money pension funds have a chunk. State and municipal folks invest heavily. Look at the Alaska perm fund, 40% is in the market. Any opinions expressed by me are mine alone, posted from my home computer, on my own time as a free American and do not reflect the opinions of any person or company that I have had professional relations with in the past 55 years. meep
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You mean 401k?
Read the quote again:
The top 10% have 80% to 90% of stocks, bonds, trust funds, and business equity, and over 75% of non-home real estate. There may be 50 times more people who have some money in stocks, but of the total dollar value of the stocks, it's mostly held by the rich. People with money on 401s don't drive investment activity. --
Drew |
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Yes it does drive...
People with money on 401s don't drive investment activity.Yes they do... investment into the "401K's" managers pocket. |
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Ed Zachary!
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