Quote:
Originally Posted by Mighty Xenu
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Drop for a time? Your showing your youth here, people lost their retirements, coupled with loosing all the equity in their homes from the hosing crash equals a large segment of our population getting completely fucked, meanwhile you got the big business ethics supported by wall street where numbers is all that matters. Read a book about what happened at Enron. The stock market is up mostly because the 1%er's felt like playing with their money.
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Yes, drop for a time. I'm showing my youth? Some people may have lost some of their retirement but really the market fully recovered in a 5 year span. This
IS flux in the market. It was a tremendous flux at the time but if you left your money in the market, you have the same amount today (roughly) than you had in 2007. Not a lot of growth clearly but you didn't 'lose your retirement'. If you took your money out when the market crashed then you are a moron and shouldn't have invested to begin with.
Again, 'the stock market is mostly up because the 1%ers felt like playing with thier money'. Again, a fun statement but unfounded and no real data to support this other than if furthers your perceptions. Yes, the crash showed major problems in the financial sector, the housing market is not yet recovered, the jobs market is not yet recovered, but know what you are talking about before painting a picture of a poor old lady that was forced to work at walmart because her retirement was annihilated. It may have altered her plans, but if she was 5 years out from retirement she was likely shielded by much of the losses due to being diversified into less-volatile securities and assets.
Quote:
Originally Posted by Mighty Xenu
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Across the United States more than 2,700 companies are collecting state income taxes from hundreds of thousands of workers - and are keeping the money with the states' approval, General Electric, Goldman Sachs, Procter & Gamble, Chrysler, Ford, General Motors and AMC Theatres enjoy deals to keep state taxes deducted from their workers' paychecks. Foreign companies also enjoy such arrangements, including Electrolux, Nissan, Toyota and a host of Canadian, Japanese and European banks.
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Idiot, this is not companies keeping your money that should go to the state as your originally said. Do you blame the company that they received tax advantages from the state for building somewhere or doing business somewhere? Do you think the state or municipality offered the tax advantage because the business being there offers tremendous benefit to the state or municipality by bringing tons of workers, income & sales tax, and local spending to the region? How can you not think past step 1 here? Try to understand the reason things are done and don't be so gullible from your stupid friends.