Quote:
Originally Posted by Kanadesaga
Open your eyes and you will. didn't mean this the way it sounded.
thank you. Feelings mutual! I I don;t quite get debt ratio in all its intracacies but I get the gist. Let's say, I'm looking at the forest, you're looking at the trees. and granted, hyperbole is a gift in my family.
No, and no offense but you're missing my point. the amount of debtratio is inconsequential to my argument that American corporations own this gov't and we all pay the price for it. that corporations are evil, with civil rights, my god they have the rights!
Perhaps if we picked a specific area of the economy. I am interested in wwhat you have to say, truly. You should be canonized for your patience with me. the crux of our disagreement seems to be that you feel unfettered free market is a good thing and I don't. I think corps have to well regulated and held accountable. by the gov't because no other entity can hope to fight a corporation and its resources.
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Well my arguement is not that corporations are inherantly good or bad...or that they should be trusted...My whole point in bringing up the WACC was to show you how and why raising taxes for the sake of it would be detrimental. And to take it a step farther...it would increase the companies hurdle rate(taken from the WACC), meaning they take on less projects and thus less growth...since it would require larger returns to offset the cost of financing them.
So to what Anahaila and you are talking about...trust them? No...not anymore than I would trust anybody in any other sector of society...no matter what you're going to get bad people doing bad things....