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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (1064399)	4/9/2018 2:28:30 PM
From: zzpat	Read Replies (1) \| Respond to of 1578038

So the burger flipper at McDonald's chooses to give the wealth of his labor to investors? Every investor takes money from people who earned the money. It's how Wall Streets works. Capitalism depends on it. Your bank analogy is also flawed. If banks received only money from deposits you might have a case, though flimsy. The bank also has investment income from the stock market (taking money from workers without their consent). Those banks have far less money to give you a loan since they didn't make any investment income over the past 3 1/2 months. They also get money from credit cards etc. so again, they don't depend on one source of income as you suggest. But it's much worse. Many banks like JPMorgan report falling income from loans (down over $300 million in the last quarter). Their investment income was also down $4.4 billion and this was before the recent market crash. Where are they going to get their money to loan you? I have no idea.