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  #11 (permalink)  
Old 12-22-2009, 04:50 PM
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Join Date: Oct 1999
Location: Bismarck, North Dakota, USA,
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Quote:
Originally Posted by RAZOR View Post
Its obvious you work for the railroad because you have a "ONE TRACK MIND"



Free loading stock holders?Take them away and what do you have?Here is what you have NO BOAT to row. You should be thankful for them not demonize them. Many of them are just average people that are trying to build a nest egg for retirement.
Government has proven time and again it can't compete with the efficiency of private enterprise i.e. USPS losing big money and Fed Ex and UPS in the black.
...

Well, I have to admit I kind of like and admire Warren Buffett. But he would probably be the first admit that things are currently skewed in the favor of stockholders vs the public. If he gets 10% return a year he will have all his money back in ten years. But it may not be that good during this recovery.

I think the USPS really started to lose money when privatised Fed Ex and UPS took all the gravy freight. Almost like it was planned, you think?

Wes

Quote:
Wes, I have to agree with Razor on this. Investors are NOT freeloaders. Without them, companies cannot expand or invest in new technologies (well, not very fast). It all depends on the profit margins. Companies do not allow investors or stockholders in just so they will have one more place to spend profits. That's a dumb concept (one btw, many share).

Stockholders are investors. Investors provide risk capital for the company to expand with. As the company grows, so does your investment (401k, profit sharing, etc.) grow. Your having a dim view of stockholders will not negatively effect the company you work for, unless of course, you are high up in the command chain.

Mike
That was the way it started. Business does not have to be incorporated and can even be a co-operative, and investment money mysteriously is still there. Corporations have grown to a vehicle for being completely uninvolved, contributing nothing that wasn't already there, and taking a huge profit off the top of the folks that provide work. I wish it was as cheap as other welfare.

We need to re-write corporate law. There will be the usual moans of pain.

Rats. I hear an oar calling. No, it was the phone looking for a beast of burden. Sigh. Later.

Wes

...
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