Thread: Money Economy
View Single Post
Old 12-22-2008, 07:26 PM   #2
blueballs blueballs is offline
Banned
 
blueballs's Avatar
 

Join Date: Feb 2006
Casino cash: $10004900
Quote:
Originally Posted by Extra Point View Post
We don't make stuff in the US anymore. Real goods means real money. Only so many people can make money shuffling paper debt or in a service related capacity.

Publicly traded corporations have their stocks upgraded or downgraded based on earnings expectations. Who does the grading? Banks. The bulk of the corporations are still generating income. The primary stockholders (the ones that can sell their options, buying company stock at a huge discount vs market price) are the ones the most influence on employment. Those folks' discounted stock price comes at the expense of those who are employed at the corporation.

Check the board of directors of most the corporations, and you'll find that they hold a board seat at other corporations. Many, many, people are losing jobs because of the choice few that hold those seats of companies that still can earn income will full work forces in those companies.

So far as you personally, LiL stumppy, there's no shame in attending trade school in lieu of college, and there's no shame in joining the military.
I would call that a smart move
always be a need for carpenters*
electrians - plumbers - mechanics ect
Posts: 14,233
blueballs is a favorite in the douche of the year contest.blueballs is a favorite in the douche of the year contest.
    Reply With Quote