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bos

Legend
Staff member
Apr 10, 2006
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I’ll ask you, and I’ll ask Bos, again, do you think it’s a good thing to concentrate the wealth of this country into fewer and fewer hands?
Again. READ. I agreed with you what they did was morally ******. This isn’t hard. Why on earth would you keep going at someone who agreed with you as if they didn’t.
 
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Stormin

Well-Known Member
Apr 11, 2006
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Is Reich suggesting they should have put the money in T-Bills for a rainy day? Maybe a savings account?
Very disappointing to hear this kind of inanity from someone who knows better.

Rainy day is here. They shouldn’t need our money. They got a big tax cut. Better the government taxed them so we now had the money for their bailout since they pissed it away.
 
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DeereClone

Well-Known Member
Nov 16, 2009
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you think that putting more and more of the finite resources of this country into fewer and fewer hands is moral?

dead was a bit dramatic, but upward mobility is a thing of the past.

What’s the definition of upward mobility?
 
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BCClone

Well Seen Member.
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Sep 4, 2011
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Not exactly sure.
Looks like three states are the major issues of the coronavirus, unfortunately NY is one of them. With wall street sitting there, it rings closer to home and can spook the market more. Looks like they are doing there best to keep the dow starting with a 2.
 

BCClone

Well Seen Member.
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Sep 4, 2011
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Not exactly sure.
Put an offer in on Dow for 25.10, but missed the open due to wife wanting some help with something. That was a costly assist.
 

Mtowncyclone13

Well-Known Member
Oct 10, 2012
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grundy center
check out CIM. it's been a staple of my dividend portfolio for years. let's just say the last 10 years of dividends mean squat when it goes down by 50% in one day.
 

CascadeClone

Well-Known Member
Oct 24, 2009
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Rainy day is here. They shouldn’t need our money. They got a big tax cut. Better the government taxed them so we now had the money for their bailout since they pissed it away.

Look, I am NOT a fan of bailouts at all (e.g. GM, Chrysler). But your point is not reflective of reality.

The people that own a business should put money into it, but not get any money out of it?

If you think putting $1B into a passbook account is a good move for a business, then there isn't much point trying to explain why it isn't.

Take some classes in finance, or economics. It's interesting stuff. I am sure that reads as a **** statement, but it isn't meant that way.
 
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Trice

Well-Known Member
Apr 1, 2010
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Anyone listening to this Bill Ackman interview on CNBC right now? Dude is positively spooked, even by today's standards.
 
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Cat Stevens

Well-Known Member
Mar 7, 2017
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Look, I am NOT a fan of bailouts at all (e.g. GM, Chrysler). But your point is not reflective of reality.

The people that own a business should put money into it, but not get any money out of it?

If you think putting $1B into a passbook account is a good move for a business, then there isn't much point trying to explain why it isn't.

Take some classes in finance, or economics. It's interesting stuff. I am sure that reads as a **** statement, but it isn't meant that way.


Privatize gains socialize losses.