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Current Events => The DUmpster => Topic started by: GOBUCKS on November 09, 2009, 07:41:51 PM

Title: DUmmies Discuss Capitalism
Post by: GOBUCKS on November 09, 2009, 07:41:51 PM
You have to wonder how DUmmies think business works:
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brentspeak  (1000+ posts)      Mon Nov-09-09 07:47 PM
Original message
"EA shares jumped as investors cheered the potential positive impact of job cuts on EA's profits"
http://online.wsj.com/article/BT-CO-20091109-719941.htm...

Was capitalism in America always like this -- governed purely by shareholder greed?

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x6975617
That's a good question. When did publicly-traded corporations start giving priority to capital appreciation? Old time capitalism was more interested in social engineering than profit. Wasn't it? The power and prosperity of the free world was built on altruism. Wasn't it?


It was Reagan!
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NashVegas  (1000+ posts)        Mon Nov-09-09 07:50 PM
2. That's the Reagan Revolution
Still hard at work.



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tridim  (1000+ posts)        Mon Nov-09-09 07:50 PM
3. I wonder if EA investors think that software writes itself?
Maybe they can just outsource it all and make the stock go up another point or two.



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NashVegas  (1000+ posts)        Mon Nov-09-09 07:51 PM
4. No, They Think
Software writers are over-paid hamburger flippers, is about what it comes to.

Well.....it seems to be working pretty well for EA.
Title: Re: DUmmies Discuss Capitalism
Post by: USA4ME on November 09, 2009, 07:48:59 PM
Quote from:
brentspeak

Was capitalism in America always like this -- governed purely by shareholder greed?

Keeping in mind that the primitives definition of "shareholder greed" is anytime someone invests money in a company hoping that the value of the stock will increase and they will make money, the answer is an overwhelming "YES!!"

.
Title: Re: DUmmies Discuss Capitalism
Post by: kenth on November 09, 2009, 08:43:04 PM
As you said, Republicans, President Reagan in particular, invented greed. Before that it was all togas and rainbows.
Title: Re: DUmmies Discuss Capitalism
Post by: diesel driver on November 10, 2009, 01:09:47 AM
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NashVegas  (1000+ posts)        Mon Nov-09-09 07:50 PM
2. That's the Reagan Revolution
Still hard at work.
It's the AMERICAN Revolution, still hard at work, DUmbass....  :bird:

Get your head out of your ass longer than it takes for you to eat, and you'd realize that....  :hammer:
Title: Re: DUmmies Discuss Capitalism
Post by: GOBUCKS on November 10, 2009, 10:20:29 AM
As you said, Republicans, President Reagan in particular, invented greed. Before that it was all togas and rainbows.

Yesterday, watching the celebrations in Berlin, it struck me that as much as we received from President Reagan, those people were given even more. Arguably the greatest man of the twentieth century, most certainly the greatest of my lifetime.
Title: Re: DUmmies Discuss Capitalism
Post by: jukin on November 10, 2009, 10:55:13 AM
As far as I can tell the only two things that DUchebags know anything about re; how to freeload and where the nearest abortion clinic is.