Interesting comment from Ralph Nader

Chris

Gold Member
May 30, 2008
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On a broader note, the Wall Street Journal reports that non-financial U.S. companies are sitting on $1.9 trillion in cash, not investing it in productive projects at a time when our economy could use a boost. Imagine if Apple, Google, Microsoft and many other companies paid, for the first time, or raised their dividends and together poured $200 billion into the hands of shareholders. That would increase consumer demand when it is needed. Instead management seems content to sit on the inert cash in excess of what is prudently needed.

Top management, having turned the wide-open 'business judgment' rule into an anti-shareholder forcefield, has to realize that this trove of money is not their money, it is our - the owner - shareholders' money!

Ralph Nader's Update #1 to Upset Cisco Shareholders - The Nader Page
 
Replace "interesting" with "poignant" and then you might make a point.

However, lets address the reason why business aren't hiring: Uncertainty. Obama has managed to make this one of the most uncertain economic climates known to man. Consumers are afraid to spend and businesses are afraid to hire, even though recovery begun two years ago.
 
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Of course businesses are sitting on their cash. They still have no idea how much Obama care is going to cost them. Plus having no idea if taxes will be raised every year. Business doesn't like unknown costs.
 
Replace "interesting" with "poignant" and then you might make a point.

However, lets address the reason why business aren't hiring: Uncertainty. Obama has managed to make this one of the most uncertain economic climates known to man. Consumers are afraid to spend and businesses are afraid to hire, even though recovery begun two years ago.

The aren't paying their shareholders because of "uncertainty?"

:lol::lol::lol::lol:

The aren't paying their shareholders because they are keeping that money for themselves.
 
Replace "interesting" with "poignant" and then you might make a point.

However, lets address the reason why business aren't hiring: Uncertainty. Obama has managed to make this one of the most uncertain economic climates known to man. Consumers are afraid to spend and businesses are afraid to hire, even though recovery begun two years ago.

The aren't paying their shareholders because of "uncertainty?"

:lol::lol::lol::lol:

The aren't paying their shareholders because they are keeping that money for themselves.


Whooosh..........:lol:


Most stock ownership is owned by who?

Obama's buddy, Bernanke, helped out the stock market with Quantitative easing, which benefited whom?

The rich are getting richer while most Americans stagnant and struggle and fucking liberals call this a victory. What the fucked happened to real liberals?
 
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Replace "interesting" with "poignant" and then you might make a point.

However, lets address the reason why business aren't hiring: Uncertainty. Obama has managed to make this one of the most uncertain economic climates known to man. Consumers are afraid to spend and businesses are afraid to hire, even though recovery begun two years ago.

The aren't paying their shareholders because of "uncertainty?"

:lol::lol::lol::lol:

The aren't paying their shareholders because they are keeping that money for themselves.


Whooosh..........:lol:


Most stock ownership is owned by who?

Obama's buddy, Bernanke, helped out the stock market with Quantitative easing, which benefited whom?

The rich are getting richer while most Americans stagnant and struggle and fucking liberals call this a victory. What the fucked happened to real liberals?

Well, we still have Bernie Sanders.
 
Well, we still have Bernie Sanders.

Too bad Grayson is gone.

Too bad people don't understand what is going on in this country.

The numbers tell the story.

400 people control half the wealth in America.

80% of the after tax income in the last 40 years went to the top 1%.

American corporations are sitting on $2 trillion dollars in cash.

And Reagan and the two Bushes created 93% of the National Debt by lowering taxes for the rich.

Rob from the poor and give to the rich....
 
Well, we still have Bernie Sanders.

Too bad Grayson is gone.

Too bad people don't understand what is going on in this country.

The numbers tell the story.

400 people control half the wealth in America.

80% of the after tax income in the last 40 years went to the top 1%.

American corporations are sitting on $2 trillion dollars in cash.

And Reagan and the two Bushes created 93% of the National Debt by lowering taxes for the rich.

Rob from the poor and give to the rich....

I supported Nader before I became Ron Paul supporter and begrudgingly voted for Bob Barr.

We live in a world of corporatism which is controlled by the wealthy, bankers, and the MIC.

The last thing that theses people want is free markets and transparency. Let's re-install American capitalism.

Let's strip away patent rights and promote competition. Let the markets work and watch these dynasties crumble.
 
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Too bad Grayson is gone.

Too bad people don't understand what is going on in this country.

The numbers tell the story.

400 people control half the wealth in America.

80% of the after tax income in the last 40 years went to the top 1%.

American corporations are sitting on $2 trillion dollars in cash.

And Reagan and the two Bushes created 93% of the National Debt by lowering taxes for the rich.

Rob from the poor and give to the rich....

I supported Nader before I became Ron Paul supporter and begrudgingly voted for Bob Barr.

We live in a world of corporatism which is controlled by the wealthy, bankers, and the MIC.

The last thing that theses people want is free markets and transparency. Let's re-install American capitalism.

Let's strip away patent rights and promote competition. Let the markets work and watch these dynasties crumble.

He isn't interesting in seeing real capitalism make a come back. He wants his Messiah to supplant it with Socialism on Steriods.
 
There sitting on it, Because the economic Nit wit in the WH, and Democrats in Congress have them scared out of their Minds. Who the fuck are you to expect them to invest it out of some feeling of Patriotic Duty. Their Duty is to protect the Interests of their stock holders, and the Economic Climate right now is telling them the best way to do that is to hold on to cash, and not expand or take risks in all this uncertainty.
 
Too bad Grayson is gone.

Too bad people don't understand what is going on in this country.

The numbers tell the story.

400 people control half the wealth in America.

80% of the after tax income in the last 40 years went to the top 1%.

American corporations are sitting on $2 trillion dollars in cash.

And Reagan and the two Bushes created 93% of the National Debt by lowering taxes for the rich.

Rob from the poor and give to the rich....

I supported Nader before I became Ron Paul supporter and begrudgingly voted for Bob Barr.

We live in a world of corporatism which is controlled by the wealthy, bankers, and the MIC.

The last thing that theses people want is free markets and transparency. Let's re-install American capitalism.

Let's strip away patent rights and promote competition. Let the markets work and watch these dynasties crumble.

Actually if Americans would just make good decisions, we could change the world by voting with our feet.

Don't do business with banks that participated in the $516 trillion dollar derivative Ponzi scheme.

Don't borrow money on your credit card.

Get a 15 year mortgage instead of a 30 year one.

Drive fuel efficient cars.

Buy American products.

Conserve energy.

And vote for progressives.
 
There sitting on it, Because the economic Nit wit in the WH, and Democrats in Congress have them scared out of their Minds. Who the fuck are you to expect them to invest it out of some feeling of Patriotic Duty. Their Duty is to protect the Interests of their stock holders, and the Economic Climate right now is telling them the best way to do that is to hold on to cash, and not expand or take risks in all this uncertainty.

Wrong. It has nothing to do with Obama. Companies have been stockpiling cash at increasing rates since 1980.....

Between 1980 and 2006, the average cash-to-assets ratio for U.S. industrial firms more than doubled, according to research by finance professors.

Companies pile up cash but remain hesitant to add jobs

But thanks for playing...

And if they were "protecting the interests of their stockholders" they would pay that money out in dividends. But if they keep the cash on hand, they can pay themselves large bonuses.

Isn't America great?
 
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Too bad people don't understand what is going on in this country.

The numbers tell the story.

400 people control half the wealth in America.

80% of the after tax income in the last 40 years went to the top 1%.

American corporations are sitting on $2 trillion dollars in cash.

And Reagan and the two Bushes created 93% of the National Debt by lowering taxes for the rich.

Rob from the poor and give to the rich....

I supported Nader before I became Ron Paul supporter and begrudgingly voted for Bob Barr.

We live in a world of corporatism which is controlled by the wealthy, bankers, and the MIC.

The last thing that theses people want is free markets and transparency. Let's re-install American capitalism.

Let's strip away patent rights and promote competition. Let the markets work and watch these dynasties crumble.

Actually if Americans would just make good decisions, we could change the world by voting with our feet.

Don't do business with banks that participated in the $516 trillion dollar derivative Ponzi scheme.

Don't borrow money on your credit card.

Get a 15 year mortgage instead of a 30 year one.

Drive fuel efficient cars.

Buy American products.

Conserve energy.

And vote for progressives.

You know those people who 'don't know what's going on in this country'? You're one of them.
 
Actually if Americans would just make good decisions, we could change the world by voting with our feet.

And we wouldn't need an all intrusive and empire building federal government that strips and denies us liberties.

Don't do business with banks that participated in the $516 trillion dollar derivative Ponzi scheme.

Let them fail, investigate, and send them to Gitmo...afterall Dimtards kept it open. Lets get some good use from it.

Don't borrow money on your credit card.

We need more income inequality. Income inequality exacerbates our savings deficiencies. People "need" to keep up with the Jones's even if it bankrupts them. Income inequality plays on the psyche.

However, I offer a market approach, not a government approach. Lets free up markets which will take down these politically favorably companies propped up by the government.

Drive fuel efficient cars.

I'll refer to you Amory Lovins on this. He is the master on energy efficiency.

Buy American products.

This is a little complicated outside of soundbites. However, we need to stop borrowing from abroad which exacerbates our dendustrialization.

Conserve energy.

And vote for progressives.

No. I used to be a progressive. We need a free market liberal who believes in civil liberties and has a coherent and applicable Foreign policy.
 
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A friend of mine works in managed funds. He says most US firms are very cash rich will little or no debt. however, individuals and the govt and sinking in debt...
 
On a broader note, the Wall Street Journal reports that non-financial U.S. companies are sitting on $1.9 trillion in cash, not investing it in productive projects at a time when our economy could use a boost. Imagine if Apple, Google, Microsoft and many other companies paid, for the first time, or raised their dividends and together poured $200 billion into the hands of shareholders. That would increase consumer demand when it is needed. Instead management seems content to sit on the inert cash in excess of what is prudently needed.

Top management, having turned the wide-open 'business judgment' rule into an anti-shareholder forcefield, has to realize that this trove of money is not their money, it is our - the owner - shareholders' money!

Ralph Nader's Update #1 to Upset Cisco Shareholders - The Nader Page

As if companies need nader, of all people in the US, to tell them how to run their companies. :rolleyes: He hasn't even operated a lemonade stand, and if he did, it probably would go bankrupt. :lol:

The reason companies are sitting on their money is well known - it's the uncertainty created by obama and his claque of leftwing economists and other statists. From huge corporations to mom and pop stores, they have no idea what crackpot leftwing idea will be foisted on them next, so they are using prudent caution. Leftwingers want companies to bail them out of the consequences of their failed porkulus and other mismanagement of the country, but it's not going to happen.
 
Replace "interesting" with "poignant" and then you might make a point.

However, lets address the reason why business aren't hiring: Uncertainty. Obama has managed to make this one of the most uncertain economic climates known to man. Consumers are afraid to spend and businesses are afraid to hire, even though recovery begun two years ago.

If consumers are afraid to spend, explain the record profits and record liquid assets of business?
 

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