tag:blogger.com,1999:blog-5888314760091661875.post3085593372479886504..comments2023-11-03T03:52:37.873-05:00Comments on Cognitive Dissidence: Fact Of The Day Somebody DO Something!http://www.blogger.com/profile/08717747685928127724noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5888314760091661875.post-25899994346929493492014-05-09T21:49:27.623-05:002014-05-09T21:49:27.623-05:00Why is there such a huge dichotomy? I think you an...Why is there such a huge dichotomy? I think you answered your own question in the first paragraph.Jake formerly of the LPhttps://www.blogger.com/profile/15660401299391001751noreply@blogger.comtag:blogger.com,1999:blog-5888314760091661875.post-69311842959328932492014-05-09T21:23:18.613-05:002014-05-09T21:23:18.613-05:00Amen, 5:29
The sooner we move away from this casi...Amen, 5:29<br /><br />The sooner we move away from this casino economy, the better for all in this country. We used to produce goods & services, now it's mostly services, with the goods production going elsewhere.<br />And why is there such a class struggle going on?<br />Why is there such a huge dichotomy between the 99 and 1 per cent?<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5888314760091661875.post-12147462989874091702014-05-09T17:29:52.824-05:002014-05-09T17:29:52.824-05:00What's really incredible is Tepper's fund ...What's really incredible is Tepper's fund (like many) is charging "2 and 20", or 2 percent on assets and 20 percent of the profits. Yet hedge funds haven't beat the the stock market for five years. I guess it's all about the tax treatment, but wow. And it's not just rich rubes getting fleeced but pension funds and endowments invest with hedge funds too. And it's all going to an industry that makes nothing, builds nothing, creates nothing and takes nearly everything. Anonymousnoreply@blogger.com