| reply to Andy S
Re: Current customers said by Andy S:Stock value is nothing more than an arbitrary number that people "believe" it is worth. That is why the market is always in flux. There is another reason stocks fluctuate a lot. It has to do with the 401k retirement incentives (brought to us by the government and their tax policies). The 401k (and other programs) has put vast amounts of money into the stock markets and that has grossly perverted how companies behave because now perceived value (and stock price) can change dramatically in a short period of time. What this does is make CEO's and others in the company do things that would seem self destructive in the long run because in the short run, it can work. This again is corporatism because this 401k money is a government 'incentive' program that helps the stock market and CEO's.
Again, this is NOT capitalism, it is corporatism. Corporatism is what makes our system evil/corrupt. Yes it is a deeply flawed system, just replace 'capitalism' with 'corporatism' with all the complaints and also look to how federal policy affects the problem and you will see their hand trying to play god.. |
