Quote:
Originally Posted by sugarpop
Jesus christ! You can't honestly be on the side of these people, can you? ~snip~ blahblahblah~snip~
For your last remarks, pffftttt. I have been debating people like you for the past two years, saying we were in a recession, and they all said I was stupid and didn't understand basic economics. Who's laughing now? I proved them wrong. People always underestimate my intelligence, and somehow, I usually end up on top. If you are a financial advisor or someone else in that racket, then I'll take my common sense over your M-B-A anyday.
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No, I'm not on their side. I tink some people who made really bad decisions are going to get paid a lot of money. BUT if they fulfilled their end of a legal agreement it would be wrong not to pay them the agreed upon fee. You may argue the agreement was foolish and I would agree. You may argue they don't deserve the money and I would agree. You may argue that a lot of people deserve to lose their jobs and I would agree. You may argue that they are to blame for all the ills of the world and in some cases I might agree. That is all just dressing though. The point is we are invested in a company. We should want to see the company succeed so we get our money back. Companies that have chosen not to pay agreed upon bonuses when requirements were fulfilled
will not be a target destination for top notch employees. When the bad
deciders
are shown the door good employees must be found to replace them. Don't cut your throat just for the sake of punishing some asshats.
And for the record, you haven't been debating people like me for two years about a recession. A quick scan of my market comments over the last few years would quickly prove the inaccuracy of your statement. And yes, I do make my money as a financial advisor. I'm ok at it or at least my clients who are comfortably retired and unconcerned about the economy seem to think.