
blindpilot wrote:jessmo112 wrote:A few things come to mind in this thread.
1. I cannot describe with words what the Russian invasion has done to line the pockets of the military industrial complex. I am only disappointed that I didn't buy Lockheed, Boeing, Raytheon or who ever makes stinger missiles stock.
...3. So now we have basically given Lockheed a[sic] monopoly ....
I had better get that Lockeed stock before China invades.
A couple points on the whole MIC rant ... The "Corporations" while treated as persons, are not people to be good or evil. There are 2 classes of players.
Class 1 - The very rich and corporate principals. They tend to be untouchable because of the army of lawyers and off shore banks. They don't care what you think, go pound sand! Fortunately even in the case of Musk, Bezos, and Gates they actually aren't the majority of $$ % of the corporations (just of the voting stocks).
Class 2 - managed and retail share holders. That's really who "Lockheed, MIC" is. Those literally are little old widows in modest houses watching game shows on TV, just trying to hang on with their arthritis, and little old men on the porch yelling at kids to get off the grass, watching their pension payments go up and down.
And I did buy Lockheed in pension, and retail, so just, "Shut up and get off my grass !!" Widows are not evil oppressors. Fight some other boogie man or buy the stock, whatever.
If you want to hate somebody rant at the hedge fund/short players who usually bring no value whatever to their money plays. They just steal money (1$ for 1$) from the widows by shorting Lockheed.
MHO
BP
One of the best explanations I have read. Hope you don't mind me copying it and sharing it with my students.