2016 Postmortem

thesquanderer

(13,001 posts)

66. Why do you ask?

Mon Jul 4, 2016, 03:01 PM

Jul 2016

I have traded much more in the past than I do now.

But the point isn't whether I did or didn't, or how well I did. Conceptually, I think short term trading is not genuinely productive to society.

Kinda like the mortgage deduction. I fully empathize with those who say it's a bad idea. I might even agree. But I darn well take it. My own behavior does not necessarily indicate whether or not I think something is good for society.

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If you had the power to do so, what would you do about corporations? [View all] CajunBlazer Jul 2016 OP

Corporations are chartered by the states - granted the right to exist to fulfill a specific mission Xipe Totec Jul 2016 #1

But how? bettyellen Jul 2016 #3

Change the state legislatures Xipe Totec Jul 2016 #6

But for what exact changes in rules? Honest question- I thought most issues were federal.... bettyellen Jul 2016 #9

Post #12 answers your question, I think. Xipe Totec Jul 2016 #19

Okay, let's say XYZ files a request to be incorporated in Delaware CajunBlazer Jul 2016 #29

You're right. We're screwn. Might as well dig a hole, jump in, and pull the dirt over us. nt Xipe Totec Jul 2016 #54

It's too technical for easy answers. Hortensis Jul 2016 #95

This Johnny2X2X Jul 2016 #12

We also need to take into consideration one serious negative possibility: that Cal33 Jul 2016 #22

Oh you think States are desolve corporations CajunBlazer Jul 2016 #30

I think some people working for state governments could also be corrupted by Cal33 Jul 2016 #52

Make it acceptable to consider the environmental and social impact of corporate decisions. no_hypocrisy Jul 2016 #2

So - pay fair taxes and tougher environmental rules? God we need a better congress. bettyellen Jul 2016 #4

Another one: federalize corporate law no_hypocrisy Jul 2016 #10

I'd repeal the Taft Hartley act and I'd make union membership mandatory. hollowdweller Jul 2016 #5

Which corporations? That's always my question. MineralMan Jul 2016 #7

Make the owners/managers liable for what the corporation does. bemildred Jul 2016 #8

This metroins Jul 2016 #14

That was always what it was about. "Limited Liability Corporations". bemildred Jul 2016 #15

That's "Limited Liability Company." yallerdawg Jul 2016 #28

You are correct. bemildred Jul 2016 #40

Any corporation that engages in political activity should have their charter revoked. hobbit709 Jul 2016 #11

Who is going to revoak their charter CajunBlazer Jul 2016 #31

The problem is that there are now only a few near monopolistic players in all the Todays_Illusion Jul 2016 #13

Very good point. n/t ms liberty Jul 2016 #17

Wrong! There are no unregulated monopolies in this country... CajunBlazer Jul 2016 #32

I did not mention unregulated monopolies you did, and called me wrong for something you said. Bye! Todays_Illusion Jul 2016 #94

1. Increase amount of funds they feed into a federal unemployment account so when they decided to uponit7771 Jul 2016 #16

I don't thinks corporations are evil per se. Sheepshank Jul 2016 #18

A 10-k will list all the directors, as well as anybody with 5% ownership. Travis_0004 Jul 2016 #102

Stop the pretense that corporations are people. baldguy Jul 2016 #20

Expect them to obey the law. DemocratSinceBirth Jul 2016 #21

All corporations must be owned by the employees. PowerToThePeople Jul 2016 #23

Ohhhh, now there is a truely socialist idea CajunBlazer Jul 2016 #35

Yes. Thank you. PowerToThePeople Jul 2016 #37

Did you read my post? CajunBlazer Jul 2016 #39

Nice try at an insult. PowerToThePeople Jul 2016 #44

I wasn't trying to insult you CajunBlazer Jul 2016 #63

Your crystal ball fails you. PowerToThePeople Jul 2016 #67

You're right of course - all I know about you is what I can deduce from your posts CajunBlazer Jul 2016 #71

Yes, all we can know is what we deduce from reading posts PowerToThePeople Jul 2016 #73

Neither are you though... Chan790 Jul 2016 #101

Message auto-removed Name removed Jul 2016 #48

We are not going to get rid of the free market system in this country.... CajunBlazer Jul 2016 #61

That works just fine for smaller businesses okasha Jul 2016 #58

Everyone bitches about what large corporations have done to small local businesses CajunBlazer Jul 2016 #64

Im pretty sure that plan would bankrupt every pension plan overnight. Travis_0004 Jul 2016 #103

Here's my list of things: AgadorSparticus Jul 2016 #24

Nothing, I would do something about the people in charge. Rex Jul 2016 #25

Taxtaxtaxtaxtaxtaxtaxtaxtax benld74 Jul 2016 #26

I would make top executives criminally accountable MH1 Jul 2016 #27

I would get rid of them, the banks, and stop printing money! zappaman Jul 2016 #33

You realize that you need to use the Sarcasm emoji CajunBlazer Jul 2016 #41

Good luck with that. Adrahil Jul 2016 #53

I will trade you some prime weed for some fresh eggs. zappaman Jul 2016 #89

Well, that's a no brainer. Heavily regulate them AgingAmerican Jul 2016 #34

How would you regulate them? CajunBlazer Jul 2016 #42

Which specific regulation that does not currently exist is most urgently needed, Nye Bevan Jul 2016 #84

corporations aren't people for one... HumanityExperiment Jul 2016 #36

A CEO's salary should be no more than 20 times the average worker's. Vinca Jul 2016 #38

Message auto-removed Name removed Jul 2016 #49

Make them not people ismnotwasm Jul 2016 #43

If we could start from scratch, I'd say there should be no stock market. thesquanderer Jul 2016 #45

LOL!!!! CajunBlazer Jul 2016 #59

I'd settle for a 50% tax on any stock held for less than a year. ;-) thesquanderer Jul 2016 #60

Do you invest in stock or mutual funds? CajunBlazer Jul 2016 #62

Why do you ask? thesquanderer Jul 2016 #66

Exactly PowerToThePeople Jul 2016 #74

It's already close to that in many states. Nye Bevan Jul 2016 #75

Okay, so lets make it 50% off the top, then whatever your regular tax is on the balance. thesquanderer Jul 2016 #81

This message was self-deleted by its author Nye Bevan Jul 2016 #83

Do you realize the 55% of the American people are stockholders CajunBlazer Jul 2016 #105

How many of the 55% are frequent traders who don't hold stocks long? And how many will lose money? thesquanderer Jul 2016 #106

Limited liability stock is one of the greatest financial innovations ever conceived (nt) Nye Bevan Jul 2016 #86

Do you think the stock market more tends to *spread* the wealth, or more *concentrate* the wealth? thesquanderer Jul 2016 #92

Disband them by force, arrest the CEOs, take their money and divide it among the poorest Americans FixTheProblem Jul 2016 #46

Then what? NT Adrahil Jul 2016 #55

Presuming I had a magic wand mythology Jul 2016 #47

Limit their size unless they are public and profit sharing and support collective bargaining. Sancho Jul 2016 #50

Put them into state owned stewardship until they met MyNameGoesHere Jul 2016 #51

I hope this isnt considered too extreme tapermaker Jul 2016 #56

You do realize that capital offenses carry the death penalty, right? CajunBlazer Jul 2016 #65

opps tapermaker Jul 2016 #70

Well it is, but by definition a capital crime is one pushable by the death sentence CajunBlazer Jul 2016 #72

So if someone cheats on their travel expenses, 25 years in prison for that person and their boss? Nye Bevan Jul 2016 #80

extreme? ,maybe tapermaker Jul 2016 #85

for starters DonCoquixote Jul 2016 #57

Corporate excutives by defintion do not give themselves bonuses CajunBlazer Jul 2016 #68

well then DonCoquixote Jul 2016 #69

I have an MBA and I was inducted into the National Economic Honor Society CajunBlazer Jul 2016 #77

you "accuarcy" DonCoquixote Jul 2016 #96

You haven't yet gotten to the heart of the problem CajunBlazer Jul 2016 #104

OK, you have nibbled DonCoquixote Jul 2016 #108

They misspelled finance too Katashi_itto Jul 2016 #107

So if a corporation is losing $100 million per year, hires a new CEO to fix things, Nye Bevan Jul 2016 #82

Yes... DonCoquixote Jul 2016 #97

Limit CEO compensation and tax them at a fixed percentage. No loopholes. randome Jul 2016 #76

See my post above CajunBlazer Jul 2016 #78

I get what you're saying : a board of directors is kind of modeled after our own government. randome Jul 2016 #88

Abolish corporate income tax in exchange for taxing dividends and capital gains as ordinary income. Nye Bevan Jul 2016 #79

Wow PowerToThePeople Jul 2016 #87

cut CEO pay & tie it to wages + performance. NO GOLDEN PARACHUTES FOR FAILING! pansypoo53219 Jul 2016 #90

Force them to pay their full share of taxes... choie Jul 2016 #91

Limited life expectancy and rickford66 Jul 2016 #93

The problem is not 'corporations', but 'too large:' loss of competition and excessive influence DataDrivenFP Jul 2016 #98

A list. (Working, not final.) Chan790 Jul 2016 #99

Higher taxes and a series of reforms to repatriate offshored funds Starry Messenger Jul 2016 #100