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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Condor who wrote (55611)9/25/2002 11:38:18 AM
From: Catfish  Read Replies (3) | Respond to of 57584
 
What worries me is not militarism, (which is necessary to diminish the risk of being over run by middle eastern extremists) but, the increasing desire to establish "controls" on our society. A political party (Green) advocated a government takeover of the 500 largest corporations. They also advocated the elimination of private property ownership. Is this the direction where we are ultimately headed?

The controls currently imposed on corporate America is growing. There were already environmental laws, EEOC laws, wage and hour laws, tax laws, and SEC reporting laws. Now we add laws to restrict the behavior of corporate officers. What's next, a government mandated restriction of corporate officers salaries?

The controls our government places on our society and our companies is more damaging to the future of our markets than any military intervention overseas. For instance, does anyone really believe that corporations pay taxes? Corporations pass taxation on to the consumer, the ultimate tax payer.



To: Condor who wrote (55611)9/25/2002 5:44:43 PM
From: Rande Is  Respond to of 57584
 
What justifies investing in companies that pay no dividends? Good question, Condor. It is a good point. The vast majority of investment is done on the backs of losses. . . a zero sum game. However, a true "investment" into a company means that if the company does well, then the investor should partake in the bounty. . . a notion that has long since vanished from modern investing. . . but one worth setting as a goal nonetheless, however lofty.

Rande Is