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Fred's turn to be pissed off
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<blockquote data-quote="bacha29" data-source="post: 2611878" data-attributes="member: 58386"><p>VT you are and always will be a corporate apologist, firm in your belief that if we go easy on them they will go easy on us and will better the lives of working America. THEY NEVER HAVE AND THEY NEVER WILL The only interest they are bound to serve is that of their shareholders. They don't hire people because they enjoy giving somebody a job. They do it because they had to hire that person. They don't build a factory and put people to work just because it makes them feel good. They do it in response to a particular demand that offers the potential to profit. Take a moment to listen to the squawk coming out of CEO's . When they get their cash back from Ireland etc. at zero interest, their plan is to strengthen their companies bottom line through stock buy backs dividend boosts and M&A. It's the fastest, easiest and safest way to boost that market cap and EPS. It is for that reason GDP growth projections call for the continuation of the 1.5-2.0% annually for the foreseeable future. So take off your wishful thinking cap and deal with 21st century capitalism</p></blockquote><p></p>
[QUOTE="bacha29, post: 2611878, member: 58386"] VT you are and always will be a corporate apologist, firm in your belief that if we go easy on them they will go easy on us and will better the lives of working America. THEY NEVER HAVE AND THEY NEVER WILL The only interest they are bound to serve is that of their shareholders. They don't hire people because they enjoy giving somebody a job. They do it because they had to hire that person. They don't build a factory and put people to work just because it makes them feel good. They do it in response to a particular demand that offers the potential to profit. Take a moment to listen to the squawk coming out of CEO's . When they get their cash back from Ireland etc. at zero interest, their plan is to strengthen their companies bottom line through stock buy backs dividend boosts and M&A. It's the fastest, easiest and safest way to boost that market cap and EPS. It is for that reason GDP growth projections call for the continuation of the 1.5-2.0% annually for the foreseeable future. So take off your wishful thinking cap and deal with 21st century capitalism [/QUOTE]
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