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Started By
Message
Biden voters ready to give up 401k and the stock market.
Posted on 7/16/20 at 11:34 am
Posted on 7/16/20 at 11:34 am
Joe’s quote about ending shareholder capitalism should scare most Americans. We were sold the idea of giving up company retirement plans and take care of our own with 401k’s. Now socialist Joe wants to give business to the workers.
Is he talking about socialism or communism. With Bernie writing the platform I can only guess.
Is he talking about socialism or communism. With Bernie writing the platform I can only guess.
13
Posted on 7/16/20 at 11:36 am to 20 ton
Bring some links with that, cause I haven't heard this yet....
Posted on 7/16/20 at 11:37 am to 20 ton
Dementia Joe is reading from a teleprompter. He doesn't have a f*cking clue what he's reading. He's just delivering the lines -- until he gets tired and then he just screws the whole thing up.
Posted on 7/16/20 at 11:41 am to 20 ton
Biden will get destroyed in a debate, he doesn't know what any of this means. I just hope they are forced to wheel him out of the basement long enough to expose how mentally not there he is.
Posted on 7/16/20 at 11:42 am to BarberitosDawg
I need to learn to link soon. Check Joes speech the second day. Just saw a clip on U tube video of Fox business with one of the Home Depot founders from 5 days ago. Was titled Biden doesn’t understand business or something close to that.
His statement was it is time to end shareholder capitalism.
His statement was it is time to end shareholder capitalism.
This post was edited on 7/16/20 at 11:45 am
Posted on 7/16/20 at 11:42 am to 20 ton
Because it is proposed by a Democrat, along come all the Dems making apologies for and minimizing it.
Cult.
Cult.
Posted on 7/16/20 at 11:43 am to 20 ton
Retirement accounts were being eyed by the radical left for years. The only difference now is that they have gained control of a major political party.
Posted on 7/16/20 at 11:46 am to 20 ton
401k is a part of systematic racism and white privilege
Posted on 7/16/20 at 11:49 am to Corso
A lot of AA's own matured 401k's and AR-15's, they just found out about one and they have yet to discover the other....
But they will.
But they will.
Posted on 7/16/20 at 11:50 am to BarberitosDawg
(no message)
This post was edited on 1/10/21 at 9:55 pm
Posted on 7/16/20 at 11:51 am to 20 ton
Gonna be fugly
Posted on 7/16/20 at 11:53 am to Corso
Because more whites have taken better advantage of a system that is open to all. The outcome isn’t equal therefore it is RACIST. Only a brain dead idiot would think that way.
FIFMyself. Only a Social Democrat would think like that.
A free country should strive to provide equality of opportunity not equality of outcome.
FIFMyself. Only a Social Democrat would think like that.
A free country should strive to provide equality of opportunity not equality of outcome.
Posted on 7/16/20 at 11:53 am to tide06
quote:
The time for liquidating 401k plans and eating the associated penalties isn’t far off.
This. When I find out they’re planning to rob me, it’s my responsibility to make sure they can only do it one time. They get tax + 10% and never another penny.
This post was edited on 7/16/20 at 12:00 pm
Posted on 7/16/20 at 11:54 am to tide06
I am planning my retirement next year and gambling that the Great Orange will win. Will transfer funds into money market instruments towards the end of his second term. If I fail it will be Ramen and PBJ but that is OK. Those who dare, win.
The cost of living in Panama will offset the losses.
The cost of living in Panama will offset the losses.
This post was edited on 7/16/20 at 12:01 pm
Posted on 7/16/20 at 11:55 am to 20 ton
Shareholder vs Stakeholder theory...
LINK /
In the past couple decades a skew toward stakeholder theory has been growing in Europe and America extremely fast. It is now accepted by modern business that stakeholder theory allows better profit maximization over the long run.
LINK /
In the past couple decades a skew toward stakeholder theory has been growing in Europe and America extremely fast. It is now accepted by modern business that stakeholder theory allows better profit maximization over the long run.
Posted on 7/16/20 at 11:57 am to badguppy
quote:
In the past couple decades a skew toward stakeholder theory has been growing in Europe and America extremely fast. It is now accepted by modern business that stakeholder theory allows better profit maximization over the long run.
Which the Rona pandemic completely revealed to be meaningless. When the bottom line is in peril, no one gives a shite about stakeholders, and their input is meaningless.
Posted on 7/16/20 at 12:05 pm to Corso
quote:I don't know if you're joking but they have literally said this.
401k is a part of systematic racism and white privilege
Posted on 7/16/20 at 12:07 pm to badguppy
In our wonderful country people are free to follow this concept to for co-ops, worker owned companies or any other model they want. He was talking about removing my freedom to own shares( take a stake in) any company I want.
The best companies usually provide employees with stock options. Who do you think owns Exxon stock. Many are your neighbors down the street.
Having access to capital has built the best economy the world has ever seen and helped more people out of poverty as well. If they work hard and make good decisions.
The best companies usually provide employees with stock options. Who do you think owns Exxon stock. Many are your neighbors down the street.
Having access to capital has built the best economy the world has ever seen and helped more people out of poverty as well. If they work hard and make good decisions.
Posted on 7/16/20 at 12:08 pm to blueboy
I’ve always invested in real estate. I do not want to hinge my retirement on the stock market. A small part of it sure. In the long term the stock market is fine typically. But, it can sink just as quickly. Can’t make more land and people always needs housing.
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