Ratliff Rants

Various rants on lifestyle, people, health, and politics…

Tag: main street

Wall Street Versus Main Street

We’re in the midst of a war folks.

Our tax dollars went to Wall Street, to “bail” them out.  They repay that gratitude by rubbing our faces in their 90 or so billion dollars in bonuses.

90…billion…dollars in bonuses people.

Write your Congress, write the White House…this is just plain wrong on all levels.

How is your pension (that you’re contributing to by the way)?  How are your bonuses?

Don’t get me wrong, we live in a capitalist society for sure, and companies should strive to make a profit…but not immorally, unethically, or illegally.  This is at least one of those three…isn’t it?

And granted, the wealthy do think about money differently, so they make more of it…and they are entitled to of course…but not immorally, unethically, or illegally.  Nor should they make their wealth at the expense of other’s generosity.

I’m not one with the answers here, but something has to be done as a society…all at once…a movement of some sort needs to start to end this madness once and for all.  And it needs to happen starting now.

 

Do We Really Need The Stock Market?

The DOW Jones goes up to 11,500 or whatever…and we get excited.

The DOW Jones goes down below 9,000…and for some reason…we panic.

Have we depended on the stock market a little too long folks?  If you think about it, to my knowledge not a single private company (not listed on the DOW) caused this recessionary economy we live in…not one.

It was the big, huge, too big for their shorts “Wall Street” that got us here.

So, why not let them go?

Who would be around to “bail out” any “mom and pop” business if they made horrible, disgusting decisions that warrant jail time?  Nobody.

Why the hell are we bailing out the folks that put us in this situation then?

Then…

The more important question to ask is:

What would REALLY happen if we ditched the stock market altogether and returned to private business 100%?

Well, one thing that would happen, is we would discover how the money was managed right?  So, the companies that were doing things wrong would dissolve right (if you’re just “falling for the company line” by the way, you might want to re-evaluate your situation and read your companies public stock report)?

Some jobs would be lost, but I believe that as humans, we adapt.  We get better, we learn, we move on.  Some people won’t be able to do that I suppose, but I feel that when the “pain” exceeds the “pleasure”, they will do something about their situation too.

So, returning to “private status”, what would these big businesses that have relied on public money do?  They would have to actually serve the customer right?  They would, instead of having that comfy cushion of investor money, have to actually think about how to operate.

I could be wrong with all of this for sure, I’m quite opinionated, and this has been rattling around inside my head for quite some time…now it’s time to get the “evidence” to support my theory.

Thanks for reading.

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