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Surprise: U.S. Corporations Pulling Back Investments

RodT Wrote: Nov 19, 2012 12:54 PM
We have devolved into two groups, those that believe in the founders free market system (the producers) and those that believe in a communism theory, (the moochers) that everyone is supposed to be a common community and from the sweat of the earners to those who want it. The only problem with the communist theories, is that is has never worked. Too many moochers. All the whining on here, that some corporations actually made a profit! They want it. Like the good Marxist in the WH that wants any profits so he can use them to buy more votes from the moochers. We are growing a moocher class that is now bigger then the producers. It can not last much longer. (Thou shall not covert thy neighbors...)
nodeamass Wrote: Nov 19, 2012 12:59 PM
NO! We have one group which wants gov't money shoveled into the pockets of billionaires, and another who wants it shoveled into services for the American people. We have one group that believes the purpose of gov't is to facilitate the theft of public resources(GOP) and another group which believes gov't is OF, FOR, and BY the PEOPLE!
RodT Wrote: Nov 19, 2012 1:05 PM
Yeah, that's why the unions give all their campaign donations to Dems, along with every left wing socialist group that also have access to tax payer funds.
It's all Bush's fault.
The cry of the stupid.

Everyone knows by the now there is a fiscal cliff looming and everyone knows President Obama wants to raise taxes on "millionaires and billionaires," which is actually anyone making more than $250,000 per year. With the recent talk from Obama, saying there is no way he will budge on a tax increase for the country's "rich," corporations are naturally pulling back their investments and cutting workers.

U.S. companies are scaling back investment plans at the fastest pace since the recession, signaling more trouble for the economic recovery.

Half of the nation's 40 biggest publicly...