The rich get richer as stock buybacks surge

[BoberFett]

For many things, do we have a choice?

Avon's customers did. They chose China.

 

[Engineer]

Avon's customers did. They chose China.

Again, 'for many things', do we have a choice?

 

[dmcowen674]

Originally Posted by BoberFett
Avon's customers did. They chose China.

Again, 'for many things', do we have a choice?

He's clearly insane, just put him on ignore list.

Posts are just nuts.

 

[Newell Steamer]

OP - how DARE you criticize a rich person, that isn't a liberal?!

Don't you know that you can ONLY bash rich liberals; period.

 

[BoberFett]

Again, 'for many things', do we have a choice?

Originally Posted by BoberFett
Avon's customers did. They chose China.



He's clearly insane, just put him on ignore list.

Posts are just nuts.

Of course we lose the choice eventually. Because Americans keep choosing China. For an engineer, you're having an awfully hard time understanding this. I can understand the idiot McOwen not understanding shit, but you?

 

[z1ggy]

Of course we lose the choice eventually. Because Americans keep choosing China. For an engineer, you're having an awfully hard time understanding this. I can understand the idiot McOwen not understanding shit, but you?

Because it's capitalism. I as a consumer want to pay as little money for as much as I can get for my money. As a producer/business I want to charge you as much as I can, and give you as little as I can for that dollar amount, to get the most revenue.

How is that hard to get?

Shoes made in Asia: $49.99
Same shoes made in USA: $69.99

Why would one ever buy the same shoe for more money? And why would a company ever pay a worker more, to get the same product?

 

[BoberFett]

Because it's capitalism. I as a consumer want to pay as little money for as much as I can get for my money. As a producer/business I want to charge you as much as I can, and give you as little as I can for that dollar amount, to get the most revenue.

How is that hard to get?

Shoes made in Asia: $49.99
Same shoes made in USA: $69.99

Why would one ever buy the same shoe for more money? And why would a company ever pay a worker more, to get the same product?

So what you're saying is that the consumer is entitled to the lowest price possible for goods, but the business owner is not entitled to the lowest price possible for labor?

 

[Engineer]

Of course we lose the choice eventually. Because Americans keep choosing China. For an engineer, you're having an awfully hard time understanding this. I can understand the idiot McOwen not understanding shit, but you?

LOL, it's not eventually, it's in the past.... I understand that we already lost the choice. We're not losing, we lost.

It was a rhetorical question.....for many of the things that we now buy, it's either not buy anything because it's not made here or buy mainly Chinese made items. We have no choice now......

Oh, and who's to say that Avon's customers were former middle class people who have had their wages and benefits cut so far that they can no longer afford Avon? It's a vicious cycle......

 

[IndyColtsFan]

He's clearly insane, just put him on ignore list.

Posts are just nuts.

 

[Engineer]

and the poor (and most everyone else) get poorer....

http://finance.yahoo.com/blogs/daily-ticker/for-most-families--wealth-has-vanished-172130204.html

The wealthy do contribute to an economic recovery, but they can’t pull the whole economy up on their own. That requires a vibrant middle class spending en masse as their earnings and wealth climb. Maybe next year, or the year after that, or the year...

Say it ain't so....But our poor are so much better off than the rest of the world's poor....and they're growing in numbers every day. It's all good.....

.

A new study published by the Russell Sage foundation helps explain why many families feel like they’re falling behind: They actually are. The study, which measures the average wealth of U.S. households by income level, reveals a startling decline in wealth nationwide. The median household in 2013 had a net worth of just $56,335 -- 43% lower than the median wealth level right before the recession began in 2007, and 36% lower than a decade ago. “There are very few signs of significant recovery from the losses in wealth suffered by American families during the Great Recession,” the study concludes.

Would you like fries with that report?

 

[unokitty]

Why I left management.

Uno

 

[BoberFett]

LOL, it's not eventually, it's in the past.... I understand that we already lost the choice. We're not losing, we lost.

It was a rhetorical question.....for many of the things that we now buy, it's either not buy anything because it's not made here or buy mainly Chinese made items. We have no choice now......

Oh, and who's to say that Avon's customers were former middle class people who have had their wages and benefits cut so far that they can no longer afford Avon? It's a vicious cycle......

Whatever, you clearly believe the customer has no responsibility and it's all just big, bad, evil corporations and greedy CEOs. That's definitely one way to absolve yourself of the blame.

 

[BoberFett]

and the poor (and most everyone else) get poorer....

http://finance.yahoo.com/blogs/daily-ticker/for-most-families--wealth-has-vanished-172130204.html



Say it ain't so....But our poor are so much better off than the rest of the world's poor....and they're growing in numbers every day. It's all good.....



Would you like fries with that report?

Everyone lost their paper net worth because it was based on phony property values? Say it ain't so.

 

[Engineer]

Whatever, you clearly believe the customer has no responsibility and it's all just big, bad, evil corporations and greedy CEOs. That's definitely one way to absolve yourself of the blame.

You clearly don't know what the fuck you are talking about. I never said one damn word that the customer didn't have part of the blame but I am not going to sit back and say that those that shipped shipped the jobs out initially were doing it "for the customer". They were doing it for their own fucking profits, period. Throw in one side bullshit (so called) free trade agreements and now we have no choice, period.

I put my money where my mouth is and buy American made stuff wherever I can so you can stick that in your crack and smoke it.

 

[BoberFett]

You clearly don't know what the fuck you are talking about. I never said one damn word that the customer didn't have part of the blame but I am not going to sit back and say that those that shipped shipped the jobs out initially were doing it "for the customer". They were doing it for their own fucking profits, period. Throw in one side bullshit (so called) free trade agreements and now we have no choice, period.

I put my money where my mouth is and buy American made stuff wherever I can so you can stick that in your crack and smoke it.

Where did I say they did it for the customer?

And those consumers that purchased the products from those first companies who shipped the jobs out did it for their own fucking profits.

Stop passing the buck.

 

[Engineer]

Where did I say they did it for the customer?

And those consumers that purchased the products from those first companies who shipped the jobs out did it for their own fucking profits.

Stop passing the buck.

Do you have something that shows that the first companies that sent stuff out lowered their prices?

I'm not passing anything.

 

[Zaap]

Dey outserced er jerbs!

 

[BoberFett]

Do you have something that shows that the first companies that sent stuff out lowered their prices?

I'm not passing anything.

If the prices were not lower than American made goods, why did Americans buy them?

 

[Zebo]

It would be easy for a company acting alone and keeping jobs in the US to do so if the American consumer would pull their heads out of their asses. Until that happens, nothing in the world will stop the slide.

I used to look at labels until it became a lost cause. But most didn't. We're as consumers are just not that nationalistic compared to say Japan who's customers won't buy American rice at 1/10th the cost. They only buy Japanese rice which is horribly expensive because japan has limited arable land.

PS I still buy Filson which is American made. Bought 2 belts for $88 recently. Each.
http://www.filson.com/products/1-1-2-double-belt.63215.html

How many ppl gonna do that?

Naw man needs to be national policy.

 

[Engineer]

If the prices were not lower than American made goods, why did Americans buy them?

How do you know that consumers knew at the time that what they were buying was made elsewhere and not here? When I purchase socks, almost always there are packs made in the USA and some other country. Identical packaging, brand, style, etc. Same price. Why isn't the one from the other country lower? Same with underwear.

Would you like to guess which one I buy every single time?

 

[Engineer]

I used to look at labels until it became a lost cause. But most didn't. We're as consumers are just not that nationalistic compared to say Japan who's customers won't buy American rice at 1/10th the cost. They only buy Japanese rice which is horribly expensive because japan has limited arable land.

PS I still buy Filson which is American made. Bought 2 belts for $88 recently. Each.
http://www.filson.com/products/1-1-2-double-belt.63215.html

How many ppl gonna do that?

Naw man needs to be national policy.

BINGO. Also, Japanese plants here in the US force the purchase and use of Japan made products in all of their automation. There can be no exceptions or they will not purchase from you.

 

[Zebo]

Originally Posted by BoberFett
Avon's customers did. They chose China.



He's clearly insane, just put him on ignore list.

Posts are just nuts.

LOL

 

[Zebo]

and the poor (and most everyone else) get poorer....

http://finance.yahoo.com/blogs/daily-ticker/for-most-families--wealth-has-vanished-172130204.html



Say it ain't so....But our poor are so much better off than the rest of the world's poor....and they're growing in numbers every day. It's all good.....



Would you like fries with that report?

There are massive sociological problems associated with this as well no one talks about. What's happening to all the people on the dole and govt contracts? Basically not working.

Will we, as Americans, even have the education (and I don't mean grade inflated degrees but education) and work ethic to compete when it all comes crashing down?

Took generations to ruin us. I'd take a "lazy" illegal Mexican over any brat american let alone an Asian who big banks and tech companies high in droves. Will take generations to become par. And that just par. We were par excellence.

 

[Matt1970]

......


Consumers demanded cheaper items. They could have continued to buy from Avon and support their fellow American but they chose not to.

And we have seen it for the last 30-40 years. It's just easier to be like McOwned and blame it on the rich shipping our jobs off. It used to always be the people purchasing stuff in the stores that always had the last say but even now that isn't the case much anymore as you don't have a lot of choices on what you buy.

 

[Matt1970]

Again, 'for many things', do we have a choice?

We used to. Guess what choice people made?