Quote:
Originally posted by wonton
Hey Bigfish - you need to do more research. It is a myth that the "American shareholder" owns corporate america. There are 80,000 government corporations from water utilities to boards of education, to every local, state and federal entity imagineable. These government corporations OWN OVER 70% OF THE STOCKMARKET. It is the US government that is the major shareholder of the DOW, not the American people. The American people own less than 30% of the stock market and their share is shrinking fast.
The American government is not involved with some "big conspiracy to take over the world". A conspiracy implies secrecy. Their plans are in fact all out in the open and they are taking over the world according to the exact plans that they detail. They may lie about the reasons behind their plan but they do divuldge their plans.
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seems kind of high, even if you factor in pension funds for government employees.