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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 49.24+4.2%4:00 PM EST

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To: Cheeky Kid who wrote (41752)8/8/2009 6:41:27 AM
From: catflu2™3 Recommendations  Read Replies (1) of 207618
 
I don't think the numbers (unemployment) are incorrect. People confuse employment with entrepreneurship. The common mythology is that capitalists get paid too much. While in reality they are the first ones to sacrifice and not get paid, take a risk for a long time and MAYBE a payoff at the end. Economics 101. Who creates value and capital? Risk takers. Who gets burned most often, you guessed it. Who gets paid to sit around and criticize it? Congress.Among other overpaid government employees. They bitch about profits which is how they are sustained. The funny paradox is that the more they squeeze capitalists, the more capitalists will have to look for obscene profits and rigged games from the gubbmint to feed the monster. The gubmint cannot tax itself.
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