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Discussion in 'Off-Topic Forum' started by Notmyrealname, Mar 6, 2019.

  1. Rye83

    Rye83 with pastrami Secured Account Highly Rated Poster SC Connoisseur Veteran Army

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    Investing in things that are directly beneficial to them and their interests. It's a hording of power and wealth. There is a reason these c*nts despise, constantly fight against and try to erode fiduciary laws. Look out for someone else's interests? Screw the little guy!

    I'm not sure when this idea that the stock market is the be-all-end-all of economic health. Maybe I'm clueless, which is quite possible, but I think there is more to a healthy economy than returns for the shareholders.

    Right, and the power of the "voter" is directly proportional to the number of shares they own in the company...if you are rich you have more say. One person can, and regularly does, hold a majority share in a company, making the vote of those in the minority completely worthless. This is the complete antithesis of the values the US was founded on.

    The US is an oligarchy. I don't know how the powerful convinced more than half the population to let a few people hold all the chips. I suppose it was a slow and steady process. It wasn't that long ago, ok maybe the 19th century was quite a long time ago, that we took a hard stance on monopolies (railroad/oil/tobacco/etc) because of their gross abuse of their power and wealth. Giving power to a select few didn't work then...it isn't going to work now.
     
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  2. SkipJack

    SkipJack DI Member

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    OK. Please describe your idea of a better solution.
    I assume it would be democratic. How would it work? Who would do the voting, appoint leaders, etc.?
     
  3. Rye83

    Rye83 with pastrami Secured Account Highly Rated Poster SC Connoisseur Veteran Army

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    A solution to what? Monopolies? Not to allow them in the first place.

    I don't think the problem is companies, it is just when a company gets "too big to fail" and when they are seen as individuals by the law. I've already stated the regulations and laws I think should be implemented earlier in this thread.
     
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