MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘corporate earnings’

Capitalism has new rules. And they’re seriously messed up. | The Daily Bell

Posted by M. C. on May 6, 2018

And New Rule #1 is: Businesses no longer need to make money.

Classic example easy cash via the Fed. Easy money+stupid government inspired programs=YOUR money down the drain.

The government subsidizes Tesla production otherwise it is economically unfeasible. The government provides rebates for Tesla buyers because otherwise they are economically unfeasible.

Tesla has production problems. No probs, there is more easy out there for investment.

Tesla is a bridge to nowhere on steroids.

Banksters and government (sorry, I repeat myself) are pushing for a cashless society.

Cash in your pocket is not part of the plan. The only wallet for digital dollars is a bank computer. Banks will charge you to keep your digits and there is nothing you will be able to do about it. Banksters/government can play there digital games to make money from your money then charge you for it. That is what ‘negative interest’ is all about.

Ron and Rand Paul want to end the Fed.

They want to keep government and banksters out of your business and your life.

Yes, you should have voted for Ron Paul and there is no substitute on the horizon.

http://www.thedailybell.com/news-analysis/capitalism-has-new-rules-and-theyre-seriously-messed-up/

It was just a month and a half ago that Tesla approved an eye-popping long-term pay package, worth as much as $50 BILLION to founder and CEO Elon Musk.

And on Wednesday afternoon, Tesla held its first corporate earnings call since then.

You’d think that Elon would have been gracious and professional, anxious to demonstrate that the shareholders’ trust in him has been well-placed.

Instead the call was filled with contempt and disrespect, with Elon outright refusing to answer questions that he deemed ‘boring’.

Bear in mind, Tesla’s financial results were gruesome; the company burned through yet another $1.1 billion in cash last quarter. That’s 70% worse than in the same period last year. Read the rest of this entry »

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Who Pays What in Taxes?

Posted by M. C. on October 18, 2017

https://www.lewrockwell.com/2017/10/walter-e-williams/who-pays-what-in-taxes/

Politicians exploit public ignorance. Few areas of public ignorance provide as many opportunities for political demagoguery as taxation. Today some politicians argue that the rich must pay their fair share and label the proposed changes in tax law as tax cuts for the rich. Let’s look at who pays what, with an eye toward attempting to answer this question: Are the rich paying their fair share? Read the rest of this entry »

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