Candidates Put Profit Makers On Axis Of Evil

by slenderdog | January 29, 2008 at 02:22 am
12560 views | 0 Recommendations | 1 comment
There's little wrong with America that can't be fixed with a bit more attention to corporate profits. To boosting them, I mean.

I know, it doesn't seem politic to say such things right now, what with presidential candidates ranging from Hillary Clinton to Mike Huckabee ridiculing CEOs and channeling the class-warfare diatribes of discredited doomsayers from 75 years ago...


How refreshing to learn that not everyone is reacting to economic uncertainty with the rhetoric of "class warfare."
It's abhorrent when Democratic hopeful John Edwards savages oil companies, utilities, banks and insurers for their supposedly rapacious behavior, ignoring the fact that millions of Americans own stock in these corporations — directly through 401(k)s and IRAs or indirectly through pension plans — and are relying on continued healthy profits to help finance their retirement, their children's education and their parents' long-term care.

Who are these big, evil corporations?  Why, they're you and me.

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gmmotorcyclist

As a good friend once say, "I never saw a poor person have the resources to help someone materially."  Citizens of the U.S. have been listening too long to socialist propaganda.  The right of ownership and free enterprise are the principles that have made the United States the envy (a negative term, BTW) of the world.  Consider the wealthy did not get their money without others handing it too them, i.e. the seller offered what the buyer wanted.  Persons pool their small sums of money together (corporate stocks) to build a factory to make widgets (any commodity you can think of), because they know everyone needs a widget.  Now, here is the part the majority does not understand.  We the people control the price of the widget!  If we do not think it is a good value - we won't buy it - or at least we SHOULD NOT buy it.  By purchasing a widget we feel is overprices, we encourage the price point or even give 'permission' to the producer to increase the price.  (The law of supply and demand.)  VOTING WITH OUR MONEY IS THE POWER WE HAVE.  Personally, I refuse to buy a 550 sq. ft. condo for $450,000.  I refuse to buy a new SUV for $45,000.  If enough persons refused to buy condos and SUVs at these prices, guess what, the prices would go down, or the widgets wouldn't even be manufactured.  Yes folks, it is that simple.  BTW, I love auctions - real or virtual!  Auctions bluntly show the real value of widgets.  For instance, I recently wanted software X.  I went to the software store and found the item for $49.95 plus PST and GST - an unreasonable amount in my estimation.  I purchased the same brand new item on ebay at what I considered a fair price - $25 with no PST and GST, and shipping was included.  At a real auction I found a 100% wool area rug that was plush and about an inch thick and in perfect condition.  It would have been over $1000 retail, but I received it for $350.  The bf likes to shop at high end man's stores (think designer clothing).  Made in China ribbed turtle neck sweaters cost $125 - at other stores similar items cost $25.  Go figure!  Pride?  Perception?  The cost differential of MANUFACTURE of these two items is minimal, but the perceived value added is what we deal with.  Practically speaking, manufacturing a $60,000 (retail price) automobile with leather interior does not cost $40,000 MORE in MANUFACTURING costs than a $20,000 (retail price) automobile with leather interior.  Remember, manufacturing money buys more parts than retail money.  In summary, "big" corporations get big because they provide the goods and services LOTS OF PERSONS want.  Think about this, "Serve the masses, and live with the upper classes.  Serve the upper classes and live with the masses."  Why, there are more persons in the masses than the upper classes, thus more potential for stable income.  If big corporations are bad, remember, they got big because we gave them our money.

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