Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Clinton's Scandals: Is this corruption the worst ever? -- Ignore unavailable to you. Want to Upgrade?

To: PiMac who wrote (12510)	5/17/1999 1:41:00 PM
From: Neocon	Read Replies (1) \| Respond to of 13994

As long as someone is free to sell his labor, he is not indentured. In a tight labor market, the laborer has an advantage, especially if he is skilled. To the extent that your analysis means anything, it just establishes a basis for demagogic appeal, somewhat like Marion Barry winning because of appeals to the two poorest Wards of Washington...

To: PiMac who wrote (12510)	5/17/1999 4:02:00 PM
From: Neocon	Read Replies (1) \| Respond to of 13994

PiMac, I wanted to comment on the business about stocks. That was a hot idea awhile back, and several large companies tried it. The problem is that within a couple of years, most participants had sold their shares for cash. Those companies that offered stock compensation with a "hold" on liquidation discovered that their employees preferred a straight raise to such enforced savings. Remember, most return is through capital appreciation, not dividends. The only effective method of getting large numbers of workers into the market has been through pension plans, which have the element of enforced savings and third- party management to secure the funds for pension purposes....