The Conservative Cave
Current Events => The DUmpster => Topic started by: Freeper on June 18, 2010, 06:50:17 PM
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LeftyFingerPop Donating Member (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Fri Jun-18-10 07:01 PM
Original message
Concerning this meme that people depend on BP for their dividend income...
...and will lose their pensions if BP goes under...
Too bad.
If someone has more than 5% of their dividend producing stocks in one company, then:
1) They knowingly took a huge risk
2) They were advised poorly
3) They are not smart enough to be making investment decisions
Companies fail all the time...hence the statement "don't put all of your eggs in one basket".
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x8589191
and yet those who put all their eggs in the govt basket should be taken care of.
If someone depends on the govt for every need then,
1) They knowingly took a huge risk
2) They were advised poorly
3) They are not smart enough to be making investment decisions, or vote.
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"too bad..."
Ill remember that sentiment when November comes and goes, primitives.
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If this is the case, ie. risk, then didn't those fishing and those relying on tourism take a risk?
I mean after all, they knew there was a risk this could happen. Shouldn't the same, "too bad" apply to them?
Just curious, DUmmies.