You know the time is right to take control, we gotta take offense against the status quo
Originally Posted by A. de Tocqueville
1) What does this chart mean?
2) What is the change in the total wealth of the nation?
3) What is the impact on the legal working American?
4) What is the impact of between 12 and 20 million illegal aliens?
Apart from the 1%, it seems that the American Dream is dead. Sad.
"There is a lot of talk coming from CitiGroup about how Dodd-Frank isn't perfect, So let me say this to anyone listening at Citi —I agree with you. Dodd-Frank isn't perfect. It should have broken you into pieces." -- Elizabeth Warren
Profits are "soaring" becaue of profit taking, reduction in force, closings of targetted locations, and wanting to get the returns taxed at the current rates.
Businesses don't want to GROW their operations until they understand what the tax implications and general economy will be. There is no confidence in what the administration is doing, or the world economic outlook.
It's not hard for an established company to make a quick profit by cutting costs, especially if they don't have a union to deal with.
Last edited by tacomancer; 06-16-11 at 03:44 PM.