[kj] OT -- Sex Pis.. -- now, working at the Bank
sade1
saulomar1 at yahoo.com
Fri Jul 25 18:26:41 EDT 2008
> So what if you one makes a good return but has invested in a company
> that promotes women to revert to powered milk rather than their own
> breast milk in third world...
> Maybe...in vivisection to produce cosmetics or...arm sales. Perhaps....beef
> sales to keep up with glutenous fast food consumption which comes
> around from deforestation..
I've wondered about the responsibility ya have when ya invest, and i found that
the level of investment that has any noticeable or actionable influence on or support
for a company's postion, capacities, strength,etc. is at the level of institutional
investors (in the multi-mega-million$, like investment banks, pensions, mutual
funds, union pools, government investments and funds, etc.etc.), that any one
individual investor has absolutely no relevance or effect in a business's life, even
when taken as a group ( the sum of individual investors).
Ironically, an elderly person choosing to invest in a retirement fund that includes
shares of, say, Lockheed, is responsible for supporting Lockheed's armaments
trade, but if the elderly person invested individually in Lockheed directly, they wouldn't
be responsible.
If anyone can add or spot the flaws in this logic, let me know.. this issue of responsibility/guilt is a pet pursuit of mine.
... ... ... ... ... ...
[looking at the current state of things]
'Save me...
save me from Tomorrow..
I don't want to sail in this Ship Of Fools...!'
--- On Fri, 7/25/08, iPat <pmdavies at gmail.com> wrote:
From: iPat <pmdavies at gmail.com>
Subject: Re: [kj] OT -- Sex Pis.. -- now, working at the Bank
To: "A list about all things Killing Joke (the band!)" <gathering at misera.net>
Date: Friday, July 25, 2008, 6:15 AM
the stock exchange works on making profit, and there are three main
levels of risk. If you want your monies put into eco friendly stock
then the returns are very low. So stocks tend to be invested in high
return areas which also tend to be the problems in the world. obvious
i know.
So what if you one makes a good return but has invested in a company
that promotes women to revert to powered milk rather than their own
breast milk in third world countries. Maybe the companies invest
heavily in vivisection to produce cosmetics or maybe the returns come
from arm sales. Perhaps the companies profits are coming from beef
sales to keep up with glutenous fast food consumption which comes
around from deforestation
It was the protection and stability of those markets that was one of
the major driving forces in the iraq invasion.
Now im not saying that you musnt do this or that, im merely pointing
out that if you think that you wil escape the rat race by this then i
think you are deluding yourself. Thats your call.
On Fri, Jul 25, 2008 at 3:16 AM, Brendan <bq at soundgardener.co.nz> wrote:
> All of my money is invested in stocks already, I'm playing the system
I
> suppose. Working with these traders has been a real fast track to learning
> about investments, they are all mad about markets and talk about it all
> day long. It's a total win / win, ask them questions and they are all
mad
> keen on talking about it. I listen to glean info and then go home and do
> some research online in between watching hippie videos and smoking ganga
> ;) Actually I gave my old boss a stock tip last year that he did really
> well on.
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