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Who said the Occupy Protesters were all bad?

Discussion in 'Politics, Elections & Legislation' started by likes-to-shoot, Nov 22, 2011.

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  1. likes-to-shoot

    likes-to-shoot Well-Known Member

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    There is something good in all things regardless of what you think of it. lol
     
  2. mallard2

    mallard2 Active Member

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    Of course they are not all bad - but I get the joke, e.g., heckling Obama.

    The fact that banks this quarter posted highest earnings in four years (MSNBC), and yet most people can't come up with enough money to make a 20-30% down payment on a house is worth protesting against.

    So is the fact that most of the bailout money is being loaned to foriegn countries whose debt is worse that ours (think Europe and South America).

    So are there things to protest? Yes!

    Don't let them screw you and then smile about it.
     
  3. TOOLMAKER 251

    TOOLMAKER 251 Active Member

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    Many of them just want a job like this young lady.
    toolmaker251_2008_030363.jpg
     
  4. WS-1

    WS-1 Banned User Banned

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    Mallard,

    There are thousands of houses in states all around this country that are on the market for less than $100,000. If a young person really wanted to buy a home, he could work a 40 hr. per week day job in the field of his choice and then back that up with a part-time job at MacDonald's. In two years, a smart, determined young person could come up with a 20% down payment. The young person would have a home, the housing crisis would be one mortgage closer to recovery, and the lender would have made his stock holders happy and his regulators secure.

    Sadly, there is one very big flaw in my argument. All the stinky armpit, greazy, spoiled, selfish, useless, meaningless, urinating, deficating little occupiers would rather spend the money they steal from their useless parents on tattoes and drugs. They want to spend the rest of their lives living off of somebody else's money.

    I say SCREW THEM! We should thank our lucky stars that the banking industry is righting itself. Unless you are a communist, PROFITS are still considered a good thing.
     
  5. John Galt

    John Galt TS Member

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    If the banks are making all the money that duckie says they are then I can't help but wonder why the price of my Wells Fargo stock is in the toilet.
     
  6. Brian in Oregon

    Brian in Oregon Well-Known Member

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    It's because too many stocks are being made.

    Look at executive compensation. Often in addition to their inflated salaries and bonuses, they also get large amounts of stocks. So an executive may wind up getting a package that includes an annual 100,000 shares of stocks. How many shares do you own? 10? 100? Maybe 1000? They have sheer numbers on their side. Your measly 25 cents a share dividend for 1000 shares of stock gets you $250. For the executive with 100,000 shares gets $25,000, and he gets another 100,000 every year he's with the company. Frankly this does a major disservice to the majority of investors, because this kind of executive compensation is diverting money that should be going to shareholders as a whole. And even if the stocks go down in value by, say, half, you now have $500 in stock, while Mr. Executive still has $50,000 in shares for every year he's been there. He can afford to sit on it for better days. Most small investors panic and sell low, and wind up permanently losing their investment.
     
  7. TEXASZEPHYR

    TEXASZEPHYR Member

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    Brian, most execs get stock options. That is a different animal than receiving an actual stock. The option just freezes the price. If the stock increases in value, the owner of the option can excercise that option (buy the share(s)) , sell the stock, and take the increased amount as profit. Lately the options aint been worth too much.

    Bob
     
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