Forum Post: Cheated out of a chance to provide a good life for my family
Posted 12 years ago on Oct. 11, 2011, 5:06 p.m. EST by Fooserou812
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I believe the root cause being greed is the fact that all corporations try to get as much money as they can and to get this they continually try to increase the stock price To get the shareholder more money. Hello! The Only share holders they are going to help are the ones which can buy and sell in seconds(this takes alot of money( what do you think am i correct?)
I provide some solutions for this in my list of proposed demands:
http://www.flickr.com/photos/pargon/sets/72157623594187379/
Oh wait, that's a bunch of poorly educated jerks making fools of themselves....
This is what I'm talking about:
http://occupywallst.org/forum/my-proposed-demands-1-5of-23/
The shorter term the investment, the higher the tax. Good idea?
Actually, a lot of honest people make money in the stock market. My 62 year old mother got through tough times by investing what was left of her pension, after she was laid off from a 9 year job ( right before she got the 10 year pension, big surprise ). It's not all fat cats in nice suits.
Another thing to take into consideration is where we want to draw the line with greed. I agree, greed is bad, there's no question about that. However, it DOES exist, and in many ways it is a motivating force for the way our economy works. On the two extreme ends there's socialism, where someone tells you that you have to work, and capitalism, where you work because you want to. Now, capitalism kinda sucks in a lot of ways, and a balance between the two is ideal. I'd still rather work because I want to, not because I'm being forced to, ya know?
So back to drawing the line on greed. The difficult question is, how much is too much? We can't just come up with an arbitrary number and say "After you make $100,000 a year, you have to donate the rest to charity!" because A. People would find ways around that and B. You're telling people they should only work so hard or be so creative before they stop trying because the incentive is gone. There are pros and cons to that. So if not $100,000, then what? We can all agree that the guy who's making $1,000,000 bonuses and has 12 BMW's is a piece of trash for not helping his fellow man. However, if he doesn't have the freedom to be a piece of trash, what does freedom really mean?
See, this is the issue that I believe nobody is really addressing right now. We all want to solve the greed problem, but pointing it out simply isn't good enough. We have to have practical solutions that work across the board, without stripping our own civil liberties, and without leaving too many loopholes for greedy a-holes like BoA.
There are practical solutions, but I don't know if people are ready to hear them yet. People are still too angry, and a little bit too idealistic. They want to hear that "We'll fix it all and you won't have to sacrifice anything." Which is kind of hard, because fairy tales like that are exactly why we keep electing worthless presidents. Stop believing the fairy tales, we have to educate ourselves on the complexities of the issues and then convene an intelligent social think tank to come up with real ideas, not just vague demands. :)
What you call greed is capitalism. You may not like capitalism, but corporations are not in it for you. A corporations sole purpose is to make money whether you like it or not. Don't blame the shareholders and don't blame corporations either. You can also invest or own shares if you so choose.