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Reply #10: they have a point [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
TheWebHead Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-06-09 11:46 AM
Response to Original message
10. they have a point
this is not the environment to be discouraging capital investment, and money has been flowing ruthlessly out of the markets since the release of the budget. I agree with many of the ideas presented, but now is not the time and when introduced, they should proceed with caution. The last time we had this violent of a drop in October, we saw a huge drop in consumer spending and it triggered a large wave of layoffs. If people think the deck is stacked against them in terms of investment, they'll just park it in friendlier environments or in treasuries. All that makes it harder for companies to fund operations and expansion. You don't see anymore secondary offerings. The IPO market is gone. Takeovers are few and far between. To main street, all that means is no new jobs.
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  -"The War on Capital" -- We'd better fight this shit or they'll take back the ball Armstead  Mar-06-09 10:09 AM   #0 
  - It's 1933 and 1993 all over again. Sad, but true.  Captain Hilts   Mar-06-09 10:11 AM   #1 
  - I can't help but saying....  jxnmsdemguy65   Mar-06-09 11:16 AM   #4 
  - That's a really bad picture. She actually looks good in some.  Captain Hilts   Mar-06-09 11:30 AM   #6 
     - I have visited their home in Hyde Park several times and there were  alsame   Mar-06-09 05:21 PM   #18 
  - Steve Buscemi must be a lot older than I realized!  Silent3   Mar-06-09 11:44 AM   #9 
     - OH SHIT.  dionysus   Mar-06-09 12:47 PM   #11 
        - Just to be cruel and drive home the point...  Silent3   Mar-06-09 06:57 PM   #19 
  - Obama is remaking a better america and they are trying to poison it.  Xenotime   Mar-06-09 10:13 AM   #2 
  - I plan to help anyone spread this meme as far and wide as possible.  billyoc   Mar-06-09 10:22 AM   #3 
  - Don't worry nobody's rushing to defend "capital" these days...  ddeclue   Mar-06-09 11:24 AM   #5 
  - Experience would say otherwise  Armstead   Mar-06-09 11:38 AM   #7 
     - No we don't really HAVE relevant experience (most of us anyways)  ddeclue   Mar-06-09 11:40 AM   #8 
        - I hope you are right  Armstead   Mar-06-09 01:57 PM   #12 
  - they have a point  TheWebHead   Mar-06-09 11:46 AM   #10 
  - Taxes are not the cause of all this shit  Armstead   Mar-06-09 02:01 PM   #13 
  - Actually That's Not True  tonysam   Mar-06-09 02:11 PM   #15 
     - I totally agree with you on that  Armstead   Mar-06-09 05:03 PM   #17 
  - Tax the crap out of the wealthy who AREN'T investing in jobs in America  ddeclue   Mar-06-09 02:09 PM   #14 
  - The 25% are the biggest noise makers  uponit7771   Mar-06-09 02:13 PM   #16 
 

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