Anyone with half a brain knows that the stock market averages are a sham. Right before the economy tanked the stock market was running at these numbers, and as we all know, all was definitely not well.
Since congress stuck its nose into CEO pay, corporate executives make up for the artificial limit on pay by creating the stock option. Now a CEO cares more about the companies stock price than reality, the worker or anything else. It affects his own pocketbook.
So please spare me the crap about the Dow and the S&P. Made up numbers by the people who will do anything to make a buck.
I also find it funny that a pro union guy is trying to use the stock market, something unions rail against because it represents the "rich" to try and prove his point. Just like a politician, say anything, anytime, anywhere to look good ut not mean nor care about any of it.
Re: Stock Market & Housing Report
Member #: 61931
Registered: 9/16/2008
Posted:
963
Occupation:
Tower Contractor
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PA
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mid 50s
Experience:
~37 years
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