Thanx Blue; No I didn't know about FERS, the results of that if
you look at the dynamics , or the physics of it, also creates a
form of communism. This will likely be denied by the ones who
advocate it, but it don't change the fact.
Communism by and for the rich seems to be A OK as long as Wall
Street gets their hands on the tax dollars. Maybe some day the
Government will own all the stocks, or at least the biggest
majority, it all seems to be heading towards some program,
like a loop.
10 Tax the people
20 Buy Wall street
30 Go to 10
I see it happening not just in our market but in other markets as
well, seems the great capitalist's are not to good to embrace it,
as long as they get to run it.
That it creates excess pools of capital by the rules of some arbitrary
weighting established by a publishing company, it's ironic.
Eventually it creates monopolies that do not have to have earnings
to remain a monopoly, as you can't sell them off without the
system breaking down, when the government gets enough invested
it can control the vote and appoint the directors of the companies
involved.
If this is the game plan why waist time doing it piece meal,
and why go to the trouble of taxing people anyway.
Who set up this FERS program ?
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As for MSFT making money, yes they have a P/E of about 67 last
I looked.
That this indexing creates the Highest P/Es in the most capitalized
companies should be obvious to any one that looks.
-------------------------
Jim
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