Hillary vs. CalPERS & the World
By
robert108
on February 8, 2007 at 09:05 am
2 Comments
Jack Kemp(not the politician)
Actions do have consequences:
Read the whole thing.
This is just another illustration of how naive Marxists are when it comes to the real world consequences of their ignorant socioeconomic ramblings.
Actions do have consequences:
Last week Hillary said she should “take” all of Exxon-Mobil’s profits and put it in a special alternative energy fund. Now if this were to happen, many union pension plans would be harmed. Heck, they would be raped. CalPERS lists Exxon-Mobil as its second largest holding, having shares worth $1.784 Billion - with a “B” dollars.
The loss of all profits would throw Exxon-Mobil into a spin, causing its shares to drop to a fraction of their current worth, and probably cause a stock market crash, wiping a large percentage of American’s (and foreigners’ savings.
Wait a minute. Didn’t I see this in a British comedy in the early 1960s? A rich widow decides to sell all of her late husband’s stocks to help the poor - and she causes a worldwide financial depression. Even for a comedy, that scene turned it into a grim, black comedy.
[...]
Read the whole thing.
This is just another illustration of how naive Marxists are when it comes to the real world consequences of their ignorant socioeconomic ramblings.
di butler
Move_Zig
Gman
robert108