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Pastimes : Let's Talk About Our Feelings!!! -- Ignore unavailable to you. Want to Upgrade?


To: Grainne who wrote (68683)12/26/1999 3:10:00 AM
From: nihil  Respond to of 108807
 
One would have to be an idiot to invest in tobacco stocks. First, the industry is a bunch of murderers who should be jailed. Second, its a lousy investment. I would short MO and drive it into the ground if I had the money.
I think everyone should invest in the companies that have the highest expected discounted cash flow. If wicked companies meet the standards, then the tax or environmental laws should be changed so they don't. The economy is simply an extension of politics by other means.
I think that workers should be allowed to invest their (and their employers') OASDI taxes in the particular companies they prefer -- it might be their own employer who could induce them with a stock ownership plan discount. I see no reason why the government should be left with most peoples' fund, except those who prefer to let the government do it for them.
Of course, I also think that workers should be allowed to invest their taxes in lotteries too. That's one way we could eliminate the really stupid from the breeding stock. No child who wanted a good life would allow himself to be born to a gambler.