no, but this thread has the word dick in it 4 times now, this is gay im leaving
Why do you think stocks are going up? Do you think elitists are making it happen so everyone invests again, then they can make it crash again just to make all the investors their vagina?
Why do you think stocks are going up? Do you think elitists are making it happen so everyone invests again, then they can make it crash again just to make all the investors their vagina?
I just wanted to say vagina.
Vagina.
Lets just say I don't think any drastic results in the market will take the vagina fed reserve board of directors/CFR by surprise at all. It will coincide with whatever political agenda they want to push at the time. I think its only a matter of time that a national crisis will be needed to impose tyranny on the public and a bad financial crisis is inevitable has been looming for quite a while. It has been commonly predicted since even before Greenspan's fake bubble, back when the dollar was removed from the gold standard in 68.
Time will tell, but I think it's just a normal fluctuation in the market. Unemployment numbers aren't improving, big banks are still losing TONS of money due to bad loans and home foreclosures are still going on in record numbers.
I think slomoe hit it on the head when he said that the real world economy isn't in line with the stock market. Still, this is at least encouraging news, lets hope we aren't setting up for a nice bit of inflation down the road.
I do enjoy the little smidgen of liberal hypocrisy here though. If the stock market is doing better, it was Obama's doing. However, anything bad that has happened thus far with him in office is clearly Bush's fault.
jim
To be fair, I also distinctly remember some posts on this forum solely blaming Obama for the Dow hitting a low back at the start of the year (Obama was in office for 1 month?). (post 20 in the link below)
To be fair, I also distinctly remember some posts on this forum solely blaming Obama for the Dow hitting a low back at the start of the year (Obama was in office for 1 month?). (post 20 in the link below)
Oh I don't doubt that you will find onesies and twosies here and there of right leaning folks who point out things like that. I was just marveling at the hypocrisy a little bit. Not saying that the right doesn't do the same thing from time to time, especially the more extreme cases (Limbaugh), but it seems to almost be unanimous that the left always blame anyone else BUT "their guy" when shit goes down. This isn't limited to Obama, happens all the time.
Guys you should know by now, the more people a corporation fires the more their stock price goes up. This means nothing unless you own a lot of shares, are at a high level in a corporation, work in middle/upper management for a bank, or work in India/China.
US dollar is still crashing, unemployment is still high (and jobs still going overseas). They will take much longer to imrpove.
Guys you should know by now, the more people a corporation fires the more their stock price goes up.
I just had to quote the mentally retarded comment in that post.
To whom does the company have a vested interest in?
The employees or the shareholders?
The correct answer is the shareholders. If the comany can make more money by laying off workers, so be it. Without the investers, there would be no jobs for the workers. The government does not create jobs. Understand that, except by tax reduction on corporations and the invester class, aka the rich.
Your's, mine, and every other swinging dick, most likely has their retirement plan tied up in the stockmarket. Pray they don't tax the rich more, or any class for that matter...it's going to get worse, much worse with the massive taxation increase that will result from a "gov't option" health care plan.
__________________
Quote: Originally Posted by Anti-American Socialists
Now regarding me personally on the Fascist/ Socialist/ Communist spectrum, I am socialist. - SRT-4owns
There is no definition for terrorist. Because if there was, the United States could be in that group! -I8URVR6 - "Patriotic Terrorist!"
I'm still always amazed when people blame the president for shit he doesn't have anything to do with. "Gas prices are up, fuck Bush!" "Gas prices went down, all hail Obama!"
The president has precisely dick to do with prices of commodities and stock values.
generally i would agree with you, but you honestly don't think invading and waging war on an oil producing country for years has NO effect on the price of gas? granted,almost every reason gas prices go up is just an excuse, unsettling the region certainly is an EASY excuse to put into their laps.
if it wasnt for the economic crises we would prob have seen $5/gal by now.
I just had to quote the mentally retarded comment in that post.
To whom does the company have a vested interest in?
The employees or the shareholders?
The correct answer is the shareholders. If the comany can make more money by laying off workers, so be it. Without the investers, there would be no jobs for the workers. The government does not create jobs. Understand that, except by tax reduction on corporations and the invester class, aka the rich.
Your's, mine, and every other swinging dick, most likely has their retirement plan tied up in the stockmarket. Pray they don't tax the rich more, or any class for that matter...it's going to get worse, much worse with the massive taxation increase that will result from a "gov't option" health care plan.
Smart companies DO have a vested interest in their employees. Layoffs usually mean less people do more for the same pay. Less people doing more means higher short-term profits. This method is short sighted though. Long term, employees will be unhappy and burnt out. Unhappy employees = loss of productivity and worse quality. Overworked employees = less creativity and ingenuity = company gets surpassed by their competitors and no one wants to work for them anymore.
I agree smart companies DO take care of their employees, but the point is, their FIRST repsonsibility is to the shareholders.
Perhaps 40 or 50 years ago, the employee/employer was loyal to each other, but in todays market it's not unusual for someone to have 6-10 jobs over their career. If I can get you out of a job where you're making $20 an hour, and hire someone new that will do the same job for $15. Guess who's getting fired! It's all around greed...mostly perpetuated by the unions.
I agree smart companies DO take care of their employees, but the point is, their FIRST repsonsibility is to the shareholders.
Perhaps 40 or 50 years ago, the employee/employer was loyal to each other, but in todays market it's not unusual for someone to have 6-10 jobs over their career. If I can get you out of a job where you're making $20 an hour, and hire someone new that will do the same job for $15. Guess who's getting fired! It's all around greed...mostly perpetuated by the unions.
Unions have nothing to do with the lack of any kind of loyalty. If anything, they promote loyalty (on the employee side) through collective bargaining to get the best benefits possible.
True there is a lot of job hopping now vs. how it used to be. That isn't a problem so much as downsizing/offshoring is. The only real big problem with rapid employee turnover is that no one "grows up" with the company. There really is no one that knows the ins and outs of the business and quality/customer service suffers. Again, you will see the smart companies doing things to improve employee retention.
The most important thing to know in business is that without employees you do not have a business. The importance of employees trumps the importance of shareholders.
Unions have nothing to do with the lack of any kind of loyalty. If anything, they promote loyalty (on the employee side) through collective bargaining to get the best benefits possible.
True there is a lot of job hopping now vs. how it used to be. That isn't a problem so much as downsizing/offshoring is. The only real big problem with rapid employee turnover is that no one "grows up" with the company. There really is no one that knows the ins and outs of the business and quality/customer service suffers. Again, you will see the smart companies doing things to improve employee retention.
The most important thing to know in business is that without employees you do not have a business. The importance of employees trumps the importance of shareholders.
Actually labor unions have long outlived their usefulness. Back in the day, when there were no governing bodies to oversee worker's safety and earnings like OSHA and federal/state minimum wages, unions would fight for these things. However today they are just as bad as the corporate folks in terms of greed. Why do you think so many companies outsource these days? I know if I ran a business, I wouldn't pay some schlep $20 an hour plus full benefits to start just to turn a wrench on an assembly line. It's called unskilled labor and it isn't worth much, so it shouldn't pay much. If people want higher pay and better benefits, they can find another job that provides these things or go get an education and make themselves worth that to a company. If people didn't have such a sense of entitlement these days, this wouldn't be an issue.
I would agree that it's wise to keep your employees happy, but there is a limit that one can expect when it comes to being an employee. Something people need to understand is that no matter how much you think you are worth, there is someone else out there willing to do your job for less money. American workers often feel as if business owe them nothing but the best pay and benefits, but as we can see now, companies can also go another route. Perhaps these people should accept that being a mere laborer means that they won't make the kind of money they want and maybe start living within their means. Otherwise they are free to go to college and make themselves worth the kind of money they want.
This doesn't mean that CEOs aren't part of the problem too, they are greedy in their own right. But saying that labor unions are a good thing is just silly in today's world.
Actually labor unions have long outlived their usefulness. Back in the day, when there were no governing bodies to oversee worker's safety and earnings like OSHA and federal/state minimum wages, unions would fight for these things. However today they are just as bad as the corporate folks in terms of greed. Why do you think so many companies outsource these days? I know if I ran a business, I wouldn't pay some schlep $20 an hour plus full benefits to start just to turn a wrench on an assembly line. It's called unskilled labor and it isn't worth much, so it shouldn't pay much. If people want higher pay and better benefits, they can find another job that provides these things or go get an education and make themselves worth that to a company. If people didn't have such a sense of entitlement these days, this wouldn't be an issue.
I would agree that it's wise to keep your employees happy, but there is a limit that one can expect when it comes to being an employee. Something people need to understand is that no matter how much you think you are worth, there is someone else out there willing to do your job for less money. American workers often feel as if business owe them nothing but the best pay and benefits, but as we can see now, companies can also go another route. Perhaps these people should accept that being a mere laborer means that they won't make the kind of money they want and maybe start living within their means. Otherwise they are free to go to college and make themselves worth the kind of money they want.
This doesn't mean that CEOs aren't part of the problem too, they are greedy in their own right. But saying that labor unions are a good thing is just silly in today's world.
jim
I do not in any way support unions. I personally would only join one as a last resort. I was just saying that unions do not promote job hopping.
I do not in any way support unions. I personally would only join one as a last resort. I was just saying that unions do not promote job hopping.
Maybe not on the surface, but think about it. Unions are always asking for more money, more benefits, more this.......more that. This causes business to want to either hire non-union workers or outsource the labor. So when all these people get laid off, they are forced to look for other jobs, thus job hopping.
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