Monday, January 08, 2007

Stocks--Who Is Getting Stiffed?

When I see all the billions of dollars going to Stock Brokers and Bankers from "profits" derived from stocks and investments, as well as the Stock Options and "retirement packages to CEOs, I can't help wonder who is getting screwed--pardon the vulgarity.

The money is coming from somewhere and it isn't out of "their" pockets! To me the Stock Market plays out like some big legal Pyramid Scheme--investments follow investments. Rising stocks are like house fires, first there is a little flame, which gets bigger as it finds more fuel, then it grows more intense as the heat causes a a draft, which consumes more fuel, and it eventually burns itself out after consuming all it can. In this case it is investors acting as fuel to the flames, the fire being the companies who gobble up the money, the draft being the brokers and bankers as they hype the stocks.

And where does the money go? Vacations, mansions, cars, Rolex watches, and retirement packages to CEOs and other corp executives, who in many cases have lost their corporation money.

If I had money invested in a Corporation who gave that kind of money to non-deserving CEOs I'd pull my money out of their stocks and find a company who looked after their stock-holders better. In fact I would rethink the whole subject of stocks; there is too much money flowing away from the investment to CEO's, and other officer's pockets, and too much slight of hand going on. There is little oversight by government as well. The government is always way behind when it comes to watching out for the people interests. The government does it's utmost to look after Big Business's interests but does very little, or nothing at all, in looking out for the people's interests. Revolution, if it comes, will have to come individual by individual, each one looking out after their own interests. One way to do this is, to get a Corporation's, and the government's notice, is to pull their money out of stocks. Stocks are where "Fat Cats" get their "cream".

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