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Old 10-24-2017, 05:45 PM  
OneHungLo
So Fucking Banned
 
Industry Role:
Join Date: May 2001
Location: Your mom's front hole
Posts: 40,906
Quote:
Originally Posted by VRPdommy View Post
The economy is not BOOMING.
Corporate profits are BOOMING because they CUT JOBS. There are no profits in JOBS ! And no tax collection either so your share of taxes goes up with each job loss.

The Stock Market is on fire because everyone is expecting to bring overseas money home without paying taxes on it. Spreading some extra love on the shareholders. But that money will be squandered by the company elite before the shareholder gets a much smaller share.

And with additional tax breaks that the working class will have to pay for 'at a later date', it's not so rosy of a outlook for me anyway.
I'll sell my stocks before everyone realizes it's not going to pay off they way they think and buy short options going forward.
I bow to nobody for anything except to take what I can get from the writing on the wall.
You can't make any money doing what everyone else is doing. They are wrong most of the time.
So record stock profits are from cutting jobs? Are you even serious? What companies are booking massive profits by cutting jobs? list them.
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