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| | #31 | |
| Seabees, USN-Retired Join Date: Oct 2003 Location: Southern California
Posts: 3,237
| Re: LAWSUIT: Detroit Pension Funds Sue Yahoo! "I expect the people who know about Dr. Phil outnumber him 1000:1 or more." Now that say's a lot about humanity! I do believe in that in England and Australia Bill O'Reilly is known quite well. I do know for a fact - The French know of him! As for the rest of us, we may be too unsophisticated for BBC! Ask any Texan! Quote:
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| | #32 |
| Remembering TQ ![]() Join Date: Mar 2001 Location: Sweden
Posts: 13,750
| Re: LAWSUIT: Detroit Pension Funds Sue Yahoo! On the upside, Dr. Phil seems to be doing his best to torpedo his own career. I fully support him in that endeavor...
__________________ ![]() Use Firefox - "the one that blocks all the schmutz" Feeling multicore elation? Remember this correlation: Amdahl's Law. |
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| | #33 |
| Unscanable!!! Tatoo??? Join Date: Dec 2002 Location: Howell Michigan
Posts: 3,847
| Re: LAWSUIT: Detroit Pension Funds Sue Yahoo! LMAO, I can't stand Dr. Phil!!! My mom watches him sometimes, it's like the rest of what's on in the daytime. They take the DUMBEST PEOPLE, and put them on TV! Imagine what the rest of the world must think when we brodcast that GARBAGE!! |
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| | #34 |
| Registered User Join Date: Feb 2002 Location: Österreich
Posts: 2,885
| Re: LAWSUIT: Detroit Pension Funds Sue Yahoo! I don't know anything about Dr. Phil nor O'Reilly, but i know that there's something wrong with the stock market. Not only the stock market, but the way economy works nowadays (the way it is now needs a stock market, the stock market needs an economy the way it is now). Simple version: First you need money to make a product. Borrow money from a bank (from the people saving their money there) or from the "share-holders" (people investing in stocks, or fonds that buy shares). Bank, fonds, share-holders want profit. So you have to sell your product and make profit, whatever it may cost. So you either make real profit, or simple say that you would make profit, that you or your investments (real estate) has more value today then yesterday, etc. etc. etc. Today, the "real" capital generated by the companies doens't really outweigh the "virtual" capital within the stock market. As long as nobody complains (as long as nobody really wants to "take" the "money" he "owns", all is running well. Except for those in third world countries producing items for less than 1 dollar a day, that are sold for around 100 $ here to let companies still make profit besides huge adverstising costs, manager salaries, etc. etc.) The problem is that you can't just remove stock market. You need a good alternative to make things possible, you need a new driving force. And this everywhere at about the same time. Today the driving force is pure greed. For your own good and for the betterment of society can't buy you another ferrari, another yacht or another island right now. Greetings Dru P.S.: OMG, beware of ideas within this reply that may sound "communist" to you!! Don't be afraid, the glorious "free market" will regulate itself, like it has always done. The future looks bright, don't worry. Don't think, don't ask, consume. Don't think, don't ask, consume. .... ..... .... ... .......
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