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View Diary: WHY WE’RE SCREWED (232 comments)

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  •  I think the solution is (1+ / 0-)
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    Orman West

    for the 99% to Stop investing in anything. Pull our money out of all investments, and put it under our beds. Then, stop buying anything on credit. Pay cash only.


    The government should take over all the banks, nationalize them. Then outlaw wall street. No more speculation on companies. Let them sink or swim on their merits, not on who they can convince to give them money to pay the people at the top.

    Back in the late 1970s, if a company reported layoffs, their stock price crashed. Now the stock price goes up. Where is the company's incentive to keep their employees when they can get more money by investment than by actually putting out a good product?

    A liberal is someone who thinks the government should help all the people. A conservative is someone who thinks the government should help none of the people.

    by KatGirl on Wed Jul 25, 2012 at 11:51:27 AM PDT

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