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Old March 26, 2020, 16:31   #51
juanni
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Originally Posted by bubbagump View Post
Talk about clueless. Lobbyists may author a lot of 'em but government enacts them. This makes it the fault of .... drum roll ... wait for it ... almost there ... government!
Yes our govt is purchased by big money and their lobbyists. Which then enact the laws that those same lobbyists have wrote.

Then you and 98% voters give the process your seal of approval, sending them back to do more of the same.

So actually the buck stops with the voters.




............juanni
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Old March 26, 2020, 16:39   #52
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:-(

So actually the buck stops with the voters.


Which sometimes, can be rather scary.

Hoping....this go around, more folks will see what's going on around them.

No sarcasm intended, hope they really do.
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Old March 26, 2020, 18:20   #53
Bawana jim
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Originally Posted by Oz308 View Post
So actually the buck stops with the voters.


Which sometimes, can be rather scary.

Hoping....this go around, more folks will see what's going on around them.

No sarcasm intended, hope they really do.
J is so full of shit his eyes are brown. He thinks all he has to do in this nation is vote and he has done enough. Reality is life is like a shooting match and damn few work hard to make it run. Even when we get someone decent like Trump it's like the match, he does the work and everyone is a lazy bastards that won't even take a minute to send him a note of respect and support.

It ain't about the vote that makes us a good American it's or full participation in being good Americans. The worst kind are the J folks that not only ain't American but backstab every chance they get.

The country has a choice to get to work to make this match happen or the head guy will move along and the match dies. Nobody is going to sit back and watch others do the work like J does. Either we roll up are sleeves and join Trump or we bend over to bow for our masters.
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Old March 26, 2020, 18:42   #54
bubbagump
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If voting had a snowball's chance in hell of disbursing meaningful change onto the government it'd be illegal.
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Old March 26, 2020, 19:25   #55
juanni
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Originally Posted by Oz308 View Post
So actually the buck stops with the voters.


Which sometimes, can be rather scary.

Hoping....this go around, more folks will see what's going on around them.

No sarcasm intended, hope they really do.
Look at the 2 responses below your post and you will find the answer.




...........juanni
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Bawana jim; 'I was trying to get to the point he would realize that because of debt the world has improved.'
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Old March 26, 2020, 19:48   #56
juanni
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Originally Posted by juanni View Post


Most of the companies borrowed huge sums of money for stock buybacks, inflating their stock price, which company heads cashed out while the price was high and deposed of profits with generous dividends and bonuses.

They saved NOTHING, are loaded with debt, have trashed their credit and now want to be bailed out.
Quote:
Originally Posted by bubbagump View Post


They're not SUPPOSED to save anything you retard. They're supposed to return dividends to their stockholders. That is the only thing a publicly traded corporation is supposed to do. If you weren't so enamored with communism you'd probably know this.
Nassim Nicholas Taleb weighs in.

Third, as we have been warning since 2006, companies need buffers to face uncertainty –not debt (an inverse buffer), but buffers. Mother nature gave us two kidneys when we only need about a portion of a single one. Why? Because of contingency. We do not need to predict specific adverse events to know that a buffer is a must. Which brings us to the buyback problem. Why should we spend taxpayer money to bailout companies who spent their cash (and often even borrowed to generate that cash) to buy their own stock (so the CEO gets optionality), instead of building a rainy day buffer? Such bailouts punish those who acted conservatively and harms them in the long run, favoring the fool and the rent-seeker.
https://www.zerohedge.com/geopolitic...nagers-not-you

Imagine that, the author of The Black Swan and Skin in the Game sounds exactly like me.


And Bubbatard sounds like,,, well Bubbatard.




.............juanni
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Bawana jim; 'I was trying to get to the point he would realize that because of debt the world has improved.'

Last edited by juanni; March 26, 2020 at 19:53.
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