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Reply #18: yeah, it may be a global economy [View All]

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ldf Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-19-07 08:19 PM
Response to Reply #12
18. yeah, it may be a global economy
but the real reason a lot of stocks are going up is because shareholders care about one thing. dividends.

those shareholders don't care who gets downsized, who gets laid off, who gets outsourced, what gets offshored... as long as they get their dividends. they don't give a damn who gets hurt, as long as they get their dividends. it's all about the "me" society. screw the "we" society.

so the ceo's who make the "big" decisions to downsize, layoff, oursource and offshore get HUGE compensation packages. while the workers that are left have to take pay cuts, benefits cuts, work multilple jobs just to come close to maintaining the standard of living they had. and they are losing.

and the bottom line of the companies get blacker and blacker, THANKS to the downsizing, laying off, outsourcing, offshoring and the screwing of the remaining workers. and the shareholders get their dividends.

meanwhile, we american workers, who GOT downsized, laid off, outsourced and offshored can just shop at... well... WALMART, because that is all we can afford. that's all we deserve.

greed, it is all about greed. and the american shareholders and the corporate decision makers are the greediest.

AND i'll bet that the huge majority of them are republicans.
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