I would sell shares of any company who is stupid enough to increase labor cost right now

[RB TexLa]

And people have more money invested than I do surely think the same. With the uncertainly of the world economy anyone not cutting labor costs to protect themselves doesn't deserve investment.

Politicians keep talking about creating jobs, I wish they would speak to us like adults. No one is going to be creating jobs for awhile. What is really gained out of not accepting this fact? There is nothing to change about it.

[aquart]

1. "Surly," indeed.

[RB TexLa]

2. There, I fixed it. I can only hope it's enough to make you happy

[enlightenment]

3. Your devotion to your investments is duly noted. nt

[Ruby the Liberal]

4. Congrats. You win the priority contest on DU for today.

Unrec for greed over country.

[RB TexLa]

6. Most people are well past thinking in terms of country. Join the present before it's over.

or do you just long for the 1800s?

[Ruby the Liberal]

7. I was going to say 'fellow human beings', but thought I would tone it down.

Oh, and as to your comment about "longing for the 1800s", would that make you pro slavery and anti-suffrage or just accusing me of such?

:hi:

[Name removed]

8. Deleted message

Message removed by moderator. Click here to review the message board rules.

[Romulox]

5. Hasn't the RB McTexas game played itself out, yet?

Why are we treated to this persons repeated sociopathic posts? :shrug: It would be different if there was an iota of a spark of joy or humor to them... :shrug: :shrug:

[gulliver]

9. Hmm. So you would buy companies who were reducing employment?

That's weird. It seems like you are selling shares in companies that are doing well. Increasing labor costs implies the company's executives have a more optimistic view of the company's future. As an investor, I would rather have shares in a company increasing payrolls than in one reducing them.

It's too late to buy Borders, but Bank of America shares are available.

[RB TexLa]

10. BofA isn't cutting enough labor costs IMO. The biggest number to leak out is 40k they need to be

looking at cutting somewhere around 75k from cost.

[edhopper]

13. BofA is in trouble because

the same idiots on Wall Street who think like you told them to load themselves with worthless mortgage CDs.
Not because of their workers.

[RB TexLa]

15. Regardless, they have to gut costs

[gulliver]

18. I see

Well, Bush and the Republicans caused the problems to begin with, so maybe they should just open up their wallets and make things right for everyone else in the country. At a minimum, they should fall to their knees and beg forgiveness. That would be a lot better for the economy than cutting jobs.

[leftyohiolib]

11. your attitude is the disease with which this country suffers- greed

the republicans are proud of you

[edhopper]

12. That strategy worked SO WELL

for Circuit City.

:rofl: :rofl:

[HughBeaumont]

14. Well, I won't sell with you.

Seriously. . . this is a really un-stealth bad joke that's just being played out TOO damned long. Shut this piss-lemonade stand down. PLEASE.

[senseandsensibility]

16. LOL

A link to that original thread would probably be appreciated by newer DUers.

[Name removed]

17. Deleted message

Message removed by moderator. Click here to review the message board rules.

[madrchsod]

19. that is classic....

[salin]

21. I'm lost

:shrug:

[HughBeaumont]

23. You'll have to do your own search . . . I apparently cannot cross-link.

PM'd . . .

[salin]

26. thx

[Brickbat]

20. You're adorable.

[HughBeaumont]

22. As cuddly as a cactus, as charming as an eel . . .

[sam11111]

24. Tarrifs are the way out of this little RW trap

Expanding the Public Sector is another

The Private Sector only offers a globe of dollar a day jobs. And one Billionaire.

He only needs 300 million people to produce his luxuries. Sooooooo the rest will be left to starve. Called "shrinking".

Or "population reduction"

[dkf]

25. Nah people don't believe in investing to retire.

They think it's impossible to save a penny and social security will provide for all their needs.

Good luck to them.

[haele]

39. Sarcasm, I hope. As usual, it's hard to save if you don't make enough to save.

I'm not talking about blowing it all on luxury car payments, McMansions, cell phones with internet plans, trips to Cancun, and a refrigerator that dispenses ice and filtered water, I'm talking about just making enough you can live paycheck to paycheck by renting a cheap rat-trap large enough for the family you and your wife created when you thought you were making enough to save, paying on basic utilities, medical coverage, transportation to get back and forth to work on, and enough food so your kids don't go hungry every night. As for your retirement 401K and investments? Pretty much stagnant - and too often "borrowed" from to pay for the emergency car repair or critical dental work, or an illness.
This isn't hyperbole, this is what a good half the working people who aren't gaming the system or acting "irresponsible" in this country have to go through, month by month, because the jobs out there are cutting wages or laying off.
As for chucking it all and creating your own business out of thin air- 85% of small businesses disappear within the first seven years. Existing family businesses have been going out of business or were sold off to larger "capital investment firms" at an even higher rate, because they can't compete with the big corporations. Unless you have millions socked away, or you're working a business that makes money from suckers - err, using other people's hard work or money, there's a even greater chance your individual business will end up a retirement drain than you would be able to at least break even with it.

Haele
(Due to medical and family emergencies, I've never been able to save enough to get any more from any retirement plan than perhaps $200 a month - certainly not as much as my parents were able to save. Lucky thing I retired from the military and have Social Security to keep me in a tent eating cat food in my 80's, even though I've worked hard all my life...apparently just not hard enough to be making six figures on a regular basis)

[WinkyDink]

43. Yeah, real easy to save if you're one of the "reduced labor costs."

[whosinpower]

27. Which is exactly why any stimulus

Or job creation MUST be targetted to companies, firms and business opportunities that do not have stocks on the market.

Wall Streeters said "F - you" to main street a very long time ago.

[Odin2005]

28. And that attitude of PURE SELFISHNESS is why Capitalism must go.

[Starry Messenger]

29. Yeah, 'cause people without jobs really help keep the economy functioning.

Gee, I always wondered how the braindead capitalist justified taking spending money out of the economy and the hands of workers in the name of short term gains and long term crisis. Thanks for illustrating.

[RB TexLa]

30. Are you increasing spending in your personal budget? I doubt with things the way they are, that you

are increasing your spending.

But you expect others and companies to behave in such a stupid manner. Guess it goes back to people thinking "me, Me, ME!!"

[Starry Messenger]

31. My spending does not change at all.

I am a worker and a consumer. Corporations are not people. They are dumping labor and raking in record profits. Their expenses will hardly shiver, they just need to expand bottom line statements. When all of your stocks tank because the casino goes bust as a result of this idiocy, don't come crying to me.

[Ruby the Liberal]

33. Wow - you have a lot of nerve calling the demand-side folks here the greedy ones

:rofl:

Henry Ford believed he needed to pay people enough so that they could afford to buy his products.

You, on the other hand, do let us know when that prosperity starts trickling down, aye? Heh.

[whosinpower]

36. I have a business

It had slowed down - and instead of whining, complaining and pulling back - I renovated - spent money, time, sweat and effort to re-invent what the shop offered.

Stupid eh? Not so much....business has significantly picked up with folks coming in to see the new digs....and guess what else? Folks are getting sick and tired of the doom and gloom - utterly fed up with it. THEY WANT TO SEE SOME OPTIMISM.

Your kind can only feed doom and gloom for so long - and then the public will revolt against it. They too, will re-invent themselves in favour of better days rather than pull back, doom, gloom, debt, austerity, cut this, slash that.

Thing is - they will find a way to re-invent themselves WITHOUT THE HELP OF YOUR MONEY. How will your money grow then - oh wise one?

[RB TexLa]

37. It's not doom and gloom vs. optimism. It's facts, I don't think even the most

optimistic people see job expansion for another 10 or so years.

[whosinpower]

38. I prefer to swim, not be an oyster nt

[WinkyDink]

45. Wow, that is twisted. You're advocating FIRING WORKERS to HELP the Investor Class, but THEY

(employees) are the ones going "me, Me, ME"?!

[etherealtruth]

32. LOL

You do not disappoint!

[Douglas Carpenter]

34. ABSOLUTELY!! The worst thing that ever happened to our country are child labor laws -

that would have been our only hope of competing with China and India. But the do-good-er PC crowd took care of that a long time ago.

[WinkyDink]

46. And the Minimum Wage! WTH is WRONG with $2 a day?!

[ldf]

35. you know, there was a time

people, or companies, who wanted to do something, saved for that purpose.

if a family wanted to go on a vacation, or improve their life, they saved money.

many companies would do the same. they took their profits and paid for their expansion. or paid for research and development for new products so they could increase their profits.

now, it seems, everyone wants to make enough money to sit back and do nothing but let their money earn more money for them. people, and companies. companies offering stocks, and people buying stocks.

as i see it, the biggest culprits in this ongoing nightmare of a financial fiasco is the stock holder, and the obsession with dividends.

they don't care how they get them, just get them. they don't care if a company lays off hundreds or thousands to increase their bottom line, as long as they get that dividend.

they don't care if the jobs are outsourced to third world countries where sweat shops make the products americans used to make, as long as they get that dividend.

but strangely enough, wall street, and all "stock" investments, have ups and downs. the worth of the stocks always seem to become overvalued, and there has to be a "correction". during those "corrections", people lose everything. (except the uber rich who knew to get out, and then go bottom feeding...)

but those same people, once they reach that goal of enough to money to live of the earnings of the money, and retire, will be some of the first in line to sign up for social security, whether they need it or not, because they paid into it, and it is damn well theirs.

we have become greedy and selfish sons of bitches.

[Ruby the Liberal]

40. Sounds like a Romney plan to me.

Buy 'em out, gut 'em and "create jobs" overseas with child labor for pennies on the dollar.

[socialist_n_TN]

44. And there you've described the capitalist system

especially the part about the uber rich and going bottom feeding.

I sincerely doubt that the OP will go his/her whole life and not get bit by the "corrections". IOW, I doubt he's one of the uber rich. He's just greedy like them.

[Bluebear]

41. Who cares what you would do?

[WinkyDink]

42. And yet I'll bet you celebrated Labor Day. Why not write "fire American workers" instead of "reduce

labor costs"?

[OwnedByFerrets]

47. The CEO's dont mind increasing their coffers

[B Calm]

48. What about companies that increase salary pay to the upper management?

Just wondering. . . .

[RB TexLa]

52. No, I can't think of a company that should not have frozen wages and eliminated bonuses in the

current environment.

[0rganism]

49. So, what needs to change before companies can wisely increase labor costs?

In your opinion, of course.

I don't dispute your conclusion, by the way, I'm just interested in what circumstances you think would have to change to alter the balance.

One possibility is that we're on a one-way street here, and labor costs simply cannot be allowed to rise, ever. Do you agree?

[blueclown]

50. Did I make the wrong turn and land in Freeperville today?

Glad to see the mindset of some "progressives" here.

[blue_onyx]

51. shocking

Given you think buying products made in the USA is racist, this is exactly the type of stuff I expect from you. I'm still confused as to why you post on a Democratic/liberal site though.