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SergeStorms

(20,630 posts)

30. Well....

Reply to 7962 (Reply #29)

Sat Mar 3, 2018, 05:50 PM

Mar 2018

we were discussing the economy in general, not specific corporations.

With a company like Enron....even though your friends probably had no direct responsibility in it's demise, a lot of people knew something was amiss with that company. Many people should have known something was up, but many people ignored it, just like many people do when they're on the upside of any roller-coaster ride. Enron got in trouble because there were some people who were paying attention to Enron's "success", and started looking a little closer into the reasons why they were so 'unbelievably successful'.

Anyway, apples and oranges. Have a good one.

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Highlight:

Pic Of The Moment: How That Republican Tax Giveaway Is Working Out For Americans So Far [View all] EarlG Mar 2018 OP

This is why they call it "trickle down". marble falls Mar 2018 #1

I'll put this bluntly: there is no trickle and it doesn't go down FakeNoose Mar 2018 #16

I've always thought whatever effect I ever got from trickle down it felt like a figurative... marble falls Mar 2018 #18

Yes Stockman laughed his ass off on that one FakeNoose Mar 2018 #19

I think he was maybe the last true believer, I've heard him interviewed on NPR and he.... marble falls Mar 2018 #20

More accurate... liberalnarb Mar 2018 #24

The French Revolution came about because of Rich Assholes like this... yuiyoshida Mar 2018 #32

Cuban and Russian too. liberalnarb Mar 2018 #33

Emphasis on "trickle." malthaussen Mar 2018 #2

Hey republicans! How's that MAGA thing working out for you? Initech Mar 2018 #3

Its making America great again for people at the tippy top yuiyoshida Mar 2018 #4

These Trump voters cheer stock highs, but aren't invested IronLionZion Mar 2018 #22

Krugman Botany Mar 2018 #5

This + 100000 bronxiteforever Mar 2018 #6

K&R Gothmog Mar 2018 #7

Great chart Earl!! Tweeted Laura PourMeADrink Mar 2018 #8

Zero Sum djacq Mar 2018 #9

Kick dalton99a Mar 2018 #10

just a simple question: yonder Mar 2018 #11

A simple lesson about Corporatists. SergeStorms Mar 2018 #15

thanks for your reply - back on track here yonder Mar 2018 #23

No problem. SergeStorms Mar 2018 #26

You cant compare the bank buyouts with a normal company failure. The "rich" will get kicked too. 7962 Mar 2018 #29

Well.... SergeStorms Mar 2018 #30

NT Marcuse Mar 2018 #12

Scammed... apkhgp Mar 2018 #13

Amen. SergeStorms Mar 2018 #14

The Trumpies believe anything Faux News tells them to, it's that simple FakeNoose Mar 2018 #17

As Trump's idiotic trade policies and Treasury bond buying causes dips in the stock market IronLionZion Mar 2018 #21

Don't forget the mass layoffs that resulted as well. liberalnarb Mar 2018 #25

Corporations Will Pay Even More Roy Rolling Mar 2018 #27

Buybacks usually also raise stock prices, so if you or a fund you're in owns the stock, its good. 7962 Mar 2018 #28

YOU KNOW...the FRENCH REVOLUTION HAPPENED BECAUSE OF RICH PEOPLE stepping on the Poor. yuiyoshida Mar 2018 #31

Our CPA says well owe thousands more mainer Mar 2018 #34