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Originally posted by boondock-saint
I would disagree with that analogy
due to the fact that the same corrupt
people in this system will invade the new
system like a virus.
The report found that retail sales, cashiers, general office clerks, food preparation and service workers, and nurses were the occupations with the highest levels of employment in 2009.
In fact, nine of the top 10 jobs in the survey pay such low wages that they put a worker supporting a family of four in near poverty.
Originally posted by slank
When we feel like we have to tiptoe around possible ugly facts it suggests we don't really believe there is real worth there, or at least not nearly as much as is currently proffered.
We seem to be acting as if there is a bubble, with perhaps some strong arguments in that favor.
I will comment that bad [dishonest/deceptive/lying] accounting tends to push out the good [reasonably honest].
Competition, but negative, cheating competition. The downside of unregulated competition.
We could blame government or more pragmatically blame ourselves for not making sure things are honest or avoiding them when we have real uncertainties. Instead all too often [i am not without guilt too] we kind of treat it as something we can glide over the surface of instead of knowing something about the companies/industries one is investing in & doing a little background checking to reasonably verify honest accounting in quarterly reports/statements.
Granted, the government, incested with Wall Street gamblers & frauds have watered down accounting requirements & standards to the point, you really are taking a blind gamble with publicly traded shares. [CEO stock options, lawsuit immunity for accounting & legal firms]
I guess people will vote [gamble?] with their money. Either this is a 'good enough' way to operate a market, or they will withdraw their funds until more viable accountability standards are brought to bear. Of course it may also mean lowered expectations of returns.
How much do you value your money & perhaps the effort it took to acquire it.
Clearly the government doesn't have the slightest respect for your money or the money it robs from unborn babies. I guess that is a tough problem, but one that need real attention.
Does your dreaming outweigh your respecting? I don't think there is any definitive answer, only various philosophies.
Originally posted by ziggy1706
Marge is absolutely right and this is what i belive. the federal governemnt and corporations do not want anyone other than themselves, to be wealthy* not even wanting us to have minimum wage, hence forth why i think america is turning intoa 3rd world country. break people down enough, yuo get the New world order.
Thier obvisoulsy unpatriotic, and will hire non americans, illegals, breaking the law, so thier profitis can escalate, therfore securing thier lives, ina selfish manner.
Originally posted by tothetenthpower
Look the markets are based on consumer fears.
If you tell everything is going to hell and sell sell sell, then yes, the Market is going to crash.
People don't realize that the value of a company has nothing to do with it's share prices.
It's all based on consumer confidence.
This sort of fear mongering is what will lead to a collapse.
Originally posted by marg6043
The sad thing is, that nobody from government to corporate America to wealthy investors in this nation wants American citizens, regular hard worker tax payer to accumulate any wealth.