View Single Post
Old 09-22-2008, 11:32 AM   #3 (permalink)
aceventura3
Junkie
 
aceventura3's Avatar
 
Location: Ventura County
I think we have to be careful of "class warfare". The statistics you cite are a bit misleading. For example, General Motors has a market capitalization (shares outstanding X share price) of about $7.4 billion. The report would show the "rich" owning that. However, the pension liability of GM is $11.4 billion. Most of that is payable to blue collar workers in the form of pension payments, your report excludes that wealth.
__________________
"Democracy is two wolves and a sheep voting on lunch."
"It is useless for the sheep to pass resolutions on vegetarianism while the wolf is of a different opinion."
"If you live among wolves you have to act like one."
"A lady screams at the mouse but smiles at the wolf. A gentleman is a wolf who sends flowers."

aceventura3 is offline  
 

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54