My point was that "they" are publicly owned cooperations. Do you even know what that means. When they make profits millions of Americans who own stock, or have 401k's or mutual funds also make money. When they lose money so do the people who own stocks.
Sure the people at the top make too much. I will not argue with that, but you can not argue with the fact that Millions and Millions of Americans also have a vested interest in them doing well.
Oh and I have made money in the market over the last few years. Because as soon as it was clear we were going to Invade Iraq. I moved most of my money into energy, gold and Defense stocks. Even in a poor market a smart investor can make money. You just need to be able to read the signs of what is coming. When we invaded Iraq you did not have to be a rocket scientist to see Energy and Defense stocks would sky rocket.
Also I saw the housing crisis coming long ago, as I was working as a contractor and saw that to many people were buying well beyond their means counting on interest rates staying at the low rates they were.
I have even made out from the housing crisis, as I just bought a house that was 180k 4 years ago, for only 55k, and I used almost all cash to do it so the Crisis will not hurt me. Evenentually the market will rebound as it always does and I will make a nice profit on my home.
Finally when it was clear the housing market here in Michigan was going to collapse I got out of construction and took a job in OVT trucking, which is a good place to be as the Nation is in the mist of a shortage of truck drivers which is only going to get worse because so many of them are baby boomers looking to retire and so many owner operators are going under with the price of diesel. I even was wise enough to work for a company driving their truck and not try to be an owner operator. So they can pay for the gas and I can just get paid to drive. It pays about 50k a year and has very good benefits and the promise of making more as I do it longer.
The only draw back is I spend a lot of time away from my wife and kids, but at least I get to go out and see the country and not have to pay for the gas