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Reuters | Latest Financial News | Full News Covera... Adios Amigos... Now Leaving Las Colinas! WashTech... They Came for the Blue Collar Workers and I Didn't... Who Would have Thought? But Aren't Taxes Bad? Chan... The Companies you Keep Okiedoke - Website for Oki... Going Where the Getting is Good OkiePundit: "Mil... Welcome to GoLive CyberStudio 3 go have a look! Pronounced: Ba na' na! San Francisco Examiner:Ban... Oklahoma Book Award 1999 Finalists: "Oil, Wheat, ... Keep Tulsa Weird? infobong.com: wish i was a ball... Justin Oldham - Politics and Patriotism
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7.27.2003
Market Forces Forbes.com: GM U-turns on Brazil layoffs to avoid strike-union: "SAO PAULO, Brazil (Reuters) - U.S. auto maker General Motors has reversed its decision to cut 450 jobs at a Brazilian plant after employees threatened to go on strike to protest the layoffs, a workers union said Thursday." They say 50% of American households have investments in the Stock Market. But only about 10% of investors are active large share holders, owning nearly 80% of all shares. When the market was growing and the little guy was seeing reasonable gains in his investments his sympathies lay clearly on the side of the market. But as those small guys get squeezed out of the game (no excess income = no investing) by the recent recession the sympathies will shift back towards those of a worker. Articles like this one appearing in Forbes will be seen in a different light. Whereas before it might have been seen as "That will hurt my retirement account" it might now be seen as "Hey, maybe I can save my job!". | |
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