VIDEO ON MSN MONEY
I would be proud for mankind if you told me that Sheldon Adelson, or any of these hedge fund/investor gurus made $40 million per day last year by finding a cure for cancer, or discovering a new form of cheap energy or means of improving crop yields by 50% or more. But, to see these people rewarded so massively for gambling and producing relatively little of long-term value to our economy is an insult and embarrassment to our culture and society.
As the old song goes, "Is that all there is?"
America's 300 million biggerst losers of 2013: The average American taxpayer. Not surprised they didn't mention the legal drug dealer who dragged in 55 BILLION in 2009 with about 7400 legal drug distributorships operationg after starting their drug business in 1963. Oh, well. I guess \the legal drug lords and CONgress wouldn't let them report that. I wonder how much money they took in in 2013 and how many people they took out with their junk FDA approved pills.
Icahn, Loeb, Ackman, Paulson, Adelson…
It’s like watching the poker channel, which I did once for five minutes before I got bored and disgusted. These people are not winners, they are losers, even when they seem to win. They are definitely not the answer or solution to our economic problems.
"I feel blessed everyday..."
You don't get it. Rich people don't use OUR banks, they keep money offshore. It can't be lent to US when it's in another country. Almost every rich person either got that way by taking fiat money meant to recover us and hoarded it or... inherited it. Take a look around... how many small businesses do you see thriving? Take another look at the big businesses that are... they have small personnel ranks and only the top administrators make high salaries, the employees are not. For Wal-Mart employees to qualify for Food Stamps even WITH the wages they are paid, doesn't condemn the Food Stamp program (1 in 6 Americans now rely on them), it says Wal-Mart doesn't pay a living wage. Wal-Mart's owners control more assets than 130 MILLION Americans and not one of them created that enterprise. There is an old five & dime store in Sioux Falls, SD where wealthy inheritors worldwide use it as a tax evasion shelter. Radisson is dead, but his heirs enjoy the momentum of his enterprise and dodge taxes on it. You are a stooge.
Phuck YOU GUYS WITH A BREAST PUMP! This **** news means nothing, zip, -- zero! 000000
Tell us WHO was indicted for FRAUD? Who was indicted -- all of them -- for insider trading? Who was charged with LAUNDERING illegal money in the U.S. -- like Bank of America, Citibank, GS, etc.etc.etc.
NOW -- DO I HAVE YOUR ATTENTION? Capitalism as practiced in the 21st century is a fraud worse than the casinos. I.E., how can we separate the fool's money from the fool? Rig the game with the government as a partner!!! IF I WERE 20 YEARS YOUNGER, I WOULD BURN THIS HOUSE DOWN! Thank you, Scent of a Woman!
NOW -- basic economics: what is important to keep an economy going is liquidity: if the money doesn't constantly changer hands and turn over, then you do NOT have an economy. Money is a fluid commodity; it only works so long as it keeps moving. When corporate and management executives like at Caterpillar deny workers share in the profits, then they deny their success in the future. Not tomorrow, not next week, but eventually the non-productive collectivization of capital stunts all future growth and kills the goose that laid the golden egg!
WAKE UP AND SMELL THE COFFEE, you butt-phucks! -- K-Mart
Wall Street will always win, that's the economic miracle that's been happening for over 30 years. All of America has been enjoying sharing in this triumph!
I credit this phenomenal achievement on those old laws that "tied the hands of business", being overturned so corporations could expand into real estate, banking, credit services, off shore investing et cetera.
Plus the new idea of hedge funds, where if you lose money on an investment, the US government will reimburse you. That is pure genius. I hope that all of our youth, and honest unemployed adults, will all enter a career in hedge funding, that will make America greater!
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[BRIEFING.COM] The stock market finished a down week on a cautious note with small caps leading the retreat. The Russell 2000 lost 0.5%, widening its weekly decline to 2.6%, while the S&P 500 shed 0.3%. The benchmark index ended the week lower by 2.7%.
This morning, the market was provided a basis to rebound with the July employment report, which was just right for the policy doves (209K versus Briefing.com consensus 220K). It showed payroll growth that was weaker than expected, ... More
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