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#1
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posted to rec.boats
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![]() "HK" wrote in message m... ...are selling for the same amounts as "penny stocks" used to sell for... ...what are penny stocks selling for? My take on stock prices: Stocks are now selling are prices that more closely reflect the actual value of the companies that issued them, and the prices they should have been selling for for the past two decades. Given the risk associated with the US economic outlook, I would agree. The market always seeks prices that reflect the future economic outlook. And currently it is a bleak one. The depression is here to stay. Now that the dow is under 7000 and appears to be staying there at it's new lows, it is likely US government/bank actions will make this permanent. |
#2
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posted to rec.boats
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![]() If you think the corrupt big corporations are not in it with the government to take things over - think again. Before I say more - I need to put out full disclosure. I am in manufacturing. We have over 120 people working here. We are non-union and take care of those who work for us. Our greatest asset are our people. We are a privately held corporation - so we are the largest stockholders right here. (And because of this with the down turn have voted not to have a dividend for 2008 so we can keep more people working.) The more the government gets involved in regulations for business - the better it is for the big corporations. Why? Because it hurts the small guy who cannot absorb the costs of the regulations. This creates less competition for the big guy and more income. So how do they promote this to the people? The create a jealousy between the have and have not's . They make it so that all who have any kind of money are evil and must pay more. (Sound familiar?) -- Dymphna Message Origin: TRAVEL.com |
#3
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posted to rec.boats
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![]() "Dymphna" wrote in message news ![]() If you think the corrupt big corporations are not in it with the government to take things over - think again. Before I say more - I need to put out full disclosure. I am in manufacturing. We have over 120 people working here. We are non-union and take care of those who work for us. Our greatest asset are our people. We are a privately held corporation - so we are the largest stockholders right here. (And because of this with the down turn have voted not to have a dividend for 2008 so we can keep more people working.) The more the government gets involved in regulations for business - the better it is for the big corporations. Why? Because it hurts the small guy who cannot absorb the costs of the regulations. This creates less competition for the big guy and more income. So how do they promote this to the people? The create a jealousy between the have and have not's . They make it so that all who have any kind of money are evil and must pay more. (Sound familiar?) -- Dymphna Message Origin: TRAVEL.com I couldn't disagree with you more. Many small manufacturing businesses are subcontractors to big businesses for items that it doesn't make economic sense for the big business to build themselves. Quite often big business will go out of their way to support their small subcontractors because they need them. Eisboch |
#4
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posted to rec.boats
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Eisboch wrote:
"Dymphna" wrote in message news ![]() If you think the corrupt big corporations are not in it with the government to take things over - think again. Before I say more - I need to put out full disclosure. I am in manufacturing. We have over 120 people working here. We are non-union and take care of those who work for us. Our greatest asset are our people. We are a privately held corporation - so we are the largest stockholders right here. (And because of this with the down turn have voted not to have a dividend for 2008 so we can keep more people working.) The more the government gets involved in regulations for business - the better it is for the big corporations. Why? Because it hurts the small guy who cannot absorb the costs of the regulations. This creates less competition for the big guy and more income. So how do they promote this to the people? The create a jealousy between the have and have not's . They make it so that all who have any kind of money are evil and must pay more. (Sound familiar?) -- Dymphna Message Origin: TRAVEL.com I couldn't disagree with you more. Many small manufacturing businesses are subcontractors to big businesses for items that it doesn't make economic sense for the big business to build themselves. Quite often big business will go out of their way to support their small subcontractors because they need them. Eisboch Business regulations came and come about because businesses won't behave. |
#5
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posted to rec.boats
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![]() "HK" wrote in message m... Business regulations came and come about because businesses won't behave. Of course. How silly of me. What was I thinking? Eisboch |
#6
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posted to rec.boats
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Eisboch wrote:
"HK" wrote in message m... Business regulations came and come about because businesses won't behave. Of course. How silly of me. What was I thinking? Eisboch Oh, come on...you know how easy it would be to cite examples. Here's an easy one: child labor regulations and laws. Why do you think they came about? http://www.youtube.com/watch?v=_tY1gk6J6zc |
#7
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posted to rec.boats
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![]() "HK" wrote in message m... Eisboch wrote: "HK" wrote in message m... Business regulations came and come about because businesses won't behave. Of course. How silly of me. What was I thinking? Eisboch Oh, come on...you know how easy it would be to cite examples. Here's an easy one: child labor regulations and laws. Why do you think they came about? http://www.youtube.com/watch?v=_tY1gk6J6zc Wake up. It's 2009. Eisboch |
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