Corporations Hoarding the Money

[Z06PDQ]

washingtonpost.com

[Y2Kvert4me]

Originally Posted by Z06PDQ

Corporations Hoarding their Money

Fixed.

[ChasC5]

Originally Posted by Y2Kvert4me

Fixed.

Remember your own words and remember what stocks are ment for. And don't for get to ask them to thank you for the great tax breaks you are paying for.

[Broken Wind]

The depth of thought in this thread is seriously intimidating.

[Z06PDQ]

Originally Posted by Y2Kvert4me

Fixed.

they couldn't have made that money without us. now, a lot of us are hurting & they are sitting on piles of cash. when the Bush Tax Cuts expire [like they are supposed to do] corporations will have no choice but to invest in business again. funny how that works, huh?

[Z06PDQ]

Companies buying back own stock, instead of hiring | Marketplace From American Public Media

[Y2Kvert4me]

Originally Posted by ChasC5

Remember your own words and remember what stocks are ment for.

Other than the people claiming the recession is over, I don't understand why this practice really surprises anyone.

In times of uncertainty, companies do not invest, hire, and expand, not if they plan to sustain through the tough times.

Because companies are still practicing this art of "tucking cash under the mattress" so to speak, it's a pretty clear indication of their confidence in their particular consumer market. By doing this, not only are they still investing in themselves, they are also minimizing their loss potential from external sources.

With our current big.gov itching to get their hands on whatever cash may be left floating around out there, it's little wonder people are feeling the overwhelming need to hang on to what they got and be better prepared for the next major meltdown.

As for not "fixing" things by growing and hiring, that is just as much effect as it is cause. This holding pattern is not likely to change under current anti-capitalistic administration.

And don't for get to ask them to thank you for the great tax breaks you are paying for.

Who the government chooses to take less from doesn't concern me unless I have to give more to .gov.
PDQ will be more than happy to explain to you why that isn't the case.

The reality is our current Gov't knows how to spend money, they do that very well. What they don't know anything about though, is how to generate the income to pay those bills.

They didn't figure it out in IL, they haven't figured it out yet in CA or NY either.

And them figuring that part out for the USA isn't likely to happen soon either, so while we wait for someone who will, tucking the stash under the mattress may indeed be the only safe investment remaining in the interim.

[Y2Kvert4me]

Originally Posted by Z06PDQ

they couldn't have made that money without us. now, a lot of us are hurting & they are sitting on piles of cash. when the Bush Tax Cuts expire [like they are supposed to do] corporations will have no choice but to invest in business again. funny how that works, huh?

And Gov't income will dwindle even more if/when that happens.

Funny how that works huh?


You really need to think this topic a bit deeper. No one forced you to purchase anything from any corporation. But because apparently you did, again, you feel entitled they should now pay you (for what?)

[Z06PDQ]

Originally Posted by Y2Kvert4me

And Gov't income will dwindle even more if/when that happens.

Funny how that works huh?


You really need to think this topic a bit deeper. No one forced you to purchase anything from any corporation. But because apparently you did, again, you feel entitled they should now pay you (for what?)

how will government income "dwindle" if the top 2% start paying for the load the rest of us have been carrying for almost a decade? you'll have to explain that to me. "no one forced me " to purchase from a corporation, but now that they aren't employing me anymore & they are sitting on mountains of cash & not hiring, I should be sympathetic? ever heard the song "Sixteen Tons?"

[Peter Pan]

I am as guilty as the corporations, I laid off my two employees and hording my profits as the libs are anti profits, unless the company employs union workers, case in point the GM bailout, us Americans may never get our return on this loan, but the unions that work at GM are saved.

This small business owner is not buying any big ticket items for either business or personal use. Going to ride out the storm of this admin and vote them out before I hire or go on a spending for business or toys.

The robin hood theory does not work, I take the risk, my employees only take $$ from a business, same as the Govt that has to stop spending money the country does not have. A trillion here and a trillion there add up. Nov 2 will tell how Americans feel about all the spending and job losses under the current POTUS

[Z06PDQ]

Originally Posted by Peter Pan

I am as guilty as the corporations, I laid off my two employees and hording my profits as the libs are anti profits, unless the company employs union workers, case in point the GM bailout, us Americans may never get our return on this loan, but the unions that work at GM are saved.

This small business owner is not buying any big ticket items for either business or personal use. Going to ride out the storm of this admin and vote them out before I hire or go on a spending for business or toys.

The robin hood theory does not work, I take the risk, my employees only take $$ from a business, same as the Govt that has to stop spending money the country does not have. A trillion here and a trillion there add up. Nov 2 will tell how Americans feel about all the spending and job losses under the current POTUS

the GM bailout wasn't about saving unions. it was about saving our last manufacturing base. it was about saving our economy. you guys want to piss on labor at any cost to the nation's economy. 3+million people are indirectly employed by GM as vendors & suppliers. what do you think would happen if all those people hit the streets at one time?

[Peter Pan]

Originally Posted by Z06PDQ

the GM bailout wasn't about saving unions. it was about saving our last manufacturing base. it was about saving our economy. you guys want to piss on labor at any cost to the nation's economy. 3+million people are indirectly employed by GM as vendors & suppliers. what do you think would happen if all those people hit the streets at one time?

Keep a failing business at taxpayers $$, take the $$ from the workers (union) out of there checks to keep there jobs and the same for the suppliers, that is how the free market works. It is different with unions involved, we saved there ass and I did not see the current workers taking enough of or any cuts, just new hires. We have not had to save Toyota, Ford and others why? Toyota does not have unions, last one in Socalist California is no more. Ford got private loans (they seen the downturn coming as did GM) and worked with the Unions and both sides gave some. No taxpayer $$ used and Ford is doing great, GM may be doing ok but at at cost to 53% of the taxpayers (ones paying any federal taxes), you can not tell me 53% of taxpayers have a GM product in there garage. The govt caved to the unions, no surprise obama is in bed with them.

[Z06PDQ]

Originally Posted by Peter Pan

Keep a failing business at taxpayers $$, take the $$ from the workers (union) out of there checks to keep there jobs and the same for the suppliers, that is how the free market works. It is different with unions involved, we saved there ass and I did not see the current workers taking enough of or any cuts, just new hires. We have not had to save Toyota, Ford and others why? Toyota does not have unions, last one in Socalist California is no more. Ford got private loans (they seen the downturn coming as did GM) and worked with the Unions and both sides gave some. No taxpayer $$ used and Ford is doing great, GM may be doing ok but at at cost to 53% of the taxpayers (ones paying any federal taxes), you can not tell me 53% of taxpayers have a GM product in there garage. The govt caved to the unions, no surprise obama is in bed with them.

I hate to tell ya, but your precious Free Market fell square on it's ass & nearly took this great nation down with it. by electing ass clowns like W & his expensive tax cuts for the rich & costly wars for oil we just about ruined it for everyone. your argument that Obama bailed out the unions falls on it's ass,too. the UAW members don't make near what they used to. they were smart enough to realize a concept you can't seem to grasp. they made concessions to keep their jobs. quit throwing around the word socialism like it's your ace in the hole & wake up to the way a Mixed Economy works.

[ChasC5]

Originally Posted by Z06PDQ

I hate to tell ya, but your precious Free Market fell square on it's ass & nearly took this great nation down with it. by electing ass clowns like W & his expensive tax cuts for the rich & costly wars for oil we just about ruined it for everyone. your argument that Obama bailed out the unions falls on it's ass,too. the UAW members don't make near what they used to. they were smart enough to realize a concept you can't seem to grasp. they made concessions to keep their jobs. quit throwing around the word socialism like it's your ace in the hole & wake up to the way a Mixed Economy works.

I got a better idea … let’s all pretend that 2008 didn’t happen.

BTW, check the Market from March 2008 to March 9th 2009 and now … see any difference?

[Y2Kvert4me]

Originally Posted by Z06PDQ

I hate to tell ya, but your precious Free Market fell square on it's ass & nearly took this great nation down with it.

Market made the needed correction, the one that was predicted for years that no one bothered to hear about, but as always, people over reacted "to save the country".

These things DO sort themselves out.

by electing ass clowns like W & his expensive tax cuts for the rich

As best I can tell, he merely extended an across-the-board tax relief that never cost the treasury any income revenue. Hmm, guess attracting the money isn't such a bad plan after all.

the UAW members don't make near what they used to. they were smart enough to realize a concept you can't seem to grasp. they made concessions to keep their jobs.

For the two years preceding inevitable bankruptcy, they were proposed with voluntary concessions, and yet they voted them down each time, as if it was some sort of hoax.

MANY of of the members knew what the deal was and wished to help their ailing company by conceding some personal income or benefits, but union LEADERS promoted and consistently voted otherwise, MUCH to individual workers dismay.

Only once the company was in BK did the union finally concede that receiving something just might be better than receiving nothing.
Far too late for them, or any Lib to use as any political bargaining point. The history is well documented, search it.

The union folk have but ONE person to thank for that backroom-decided bankruptcy ruling....oh yeah, the one that handed them $47 billion no strings attached.


He didn't "fix" anything, he propped up a temporary economy with money he temporarily didn't and (won't ever) have.


But of course all that is the fault of the ones who truly generate real money. Keep chasing those guys away, they are the evil.

[Peter Pan]

Originally Posted by ChasC5

I got a better idea … let’s all pretend that 2008 didn’t happen.

BTW, check the Market from March 2008 to March 9th 2009 and now … see any difference?

History man, let's go back to 2000 and the NASDAQ was over 5000, no where near that now. The reason the DOW has recovered is GM and citi bank removed is the reason you have this to look at. So the economy downturn is only Bush's fault, not one part of the blame goes out to the Libs that controlled congress the last two years Bush was in office, also the biggest years of deficit spending during his time in office. Today with libs in control of congress and the anti business president in office for almost two years running the deficit to the moon and it is all Bush's doing is all bull****. Nov 2 is the mid term report card on the libs four years of failed leadership.

[Z06PDQ]

Originally Posted by Y2Kvert4me

Market made the needed correction, the one that was predicted for years that no one bothered to hear about, but as always, people over reacted "to save the country".

These things DO sort themselves out.

how do you call "the greatest recession of modern times just "things sorting themselves out?" you think this is just a natural occurrence, like a morning bowel movement?
As best I can tell, he merely extended an across-the-board tax relief that never cost the treasury any income revenue. Hmm, guess attracting the money isn't such a bad plan after all.
as best as I can tell, you are wrong Study: Bush Tax Cuts Cost More Than Twice As Much As Dems' Health-Care Bill | Crooks and Liars

For the two years preceding inevitable bankruptcy, they were proposed with voluntary concessions, and yet they voted them down each time, as if it was some sort of hoax.

MANY of of the members knew what the deal was and wished to help their ailing company by conceding some personal income or benefits, but union LEADERS promoted and consistently voted otherwise, MUCH to individual workers dismay.

Only once the company was in BK did the union finally concede that receiving something just might be better than receiving nothing.
Far too late for them, or any Lib to use as any political bargaining point. The history is well documented, search it.

The union folk have but ONE person to thank for that backroom-decided bankruptcy ruling....oh yeah, the one that handed them $47 billion no strings attached.
at least you "conceded" that they made "concessions"...maybe we're getting somewhere after all.

He didn't "fix" anything, he propped up a temporary economy with money he temporarily didn't and (won't ever) have.

the hell he didn't. look around you. there's nothing "temporary" about it. it''s here. it's real. how long do things have to improve before you people stop saying that crap?
But of course all that is the fault of the ones who truly generate real money. Keep chasing those guys away, they are the evil.

how the hell do they "generate money" when they are sitting on it & not investing it? do you understand what this thread is about?

[Y2Kvert4me]

Originally Posted by Z06PDQ

how the hell do they "generate money" when they are sitting on it & not investing it? do you understand what this thread is about?

How is earning the money needed to purchase one's own stock not considered income?

How is purchasing one's own stock not distributing that income? In order for them to buy, someone had to sell.


"Sitting on the money" is a bit of misnomer in the context of stock buybacks, as they still are spending money, but they are spending/investing it on themselves, and cutting others out of the profit/loss gamble with that specific stock ownership. The beauty of this is they can buy up shares when the price is down, and hold them for better economic times when share prices go up, then unload them again. It's a very smart investment tactic for many companies.

They still are sitting on their own money though, in the context of not spreading it to others via expansion or hiring, which again, is and always will be THEIR decision based on their individual circumstances and outlook.


If money was tight in your household, and your future income situation didn't look too stable, would you put your little extra money in the bank, or would you spend it all, and even go wild with credit to buy stuff?

And if you chose the bank option, would you expect others to whine to you for doing that? Sitting on your money, when you could be helping the economy by spending everything that you have?

That's EXACTLY what you're doing. And it's quite pathetic.

[Z06PDQ]

I'm not "sitting" on anything. I'm doing my part to help the economy. I spend. I buy & I also help others who are less fortunate than me. these corporations could care less about the economy. they have made their piles of $$$ off our backs & they are turning their backs on us when they should be helping the people that helped them become who & what they are.

[Y2Kvert4me]

Originally Posted by Z06PDQ

I'm not "sitting" on anything.

I didn't say you were. I thought I posted a hypothetical comparison situation that you might be able to comprehend, and then asked "would you expect others to whine to you for doing that?"

Because it is you that that whines about anyone and everyone with a few extra dollars, and you apparently feel you could better manage their budget for them.

As stated before, by voting in anti-capitalistic leaders, you ARE contributing to this problem. This is an effect you are witnessing, not a cause.

Many companies were hit very hard in 2009, and now that some are returning to profitability, putting some excess cash away in preparation for the next downturn should absolutely be #1 priority. That's how smart people manage a budget.

You seem to feel that is an unacceptable option.


Most business folks I talk to all agree this holding pattern of not hiring/not expanding is not likely to change until Gov't administration changes. They are not hanging themselves out to dry because of current inept leadership that is soon to be looking to take take take, exactly like you wish your leaders to do.

I just talked to a shop owner this morning about this very thing. He was optimistic that things could improve after the Nov elections, when some of the Congressional trash is sure to get taken out to the curb.

these corporations could care less about the economy. they have made their piles of $$$ off our backs & they are turning their backs on us when they should be helping the people that helped them become who & what they are.

They made money by offering a product or service in exchange for money. How evil of them.

If you expect them to be returning you money, you are essentially asking for a refund while keeping said product or service. Can you not understand how silly that sounds?


This country and economy will move forward only when we get more successful businessmen in office, and less corrupt politicians.
As always, the lazy and entitled crowd won't like that, but it's the only logical path to true recovery. Running the country bankrupt by means of emergency fixes and patchwork won't ever get the job done, because it's not curing the source of the problem, it's slapping a band-aid on it.


So, keep chasing the money away and keep hoping things get better.