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The Scientific Consensus on Climate Change

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Comments

  • greenbloodgreenblood Member Posts: 14,553

    Buying a company's stock from the company raises capital. Obviously.

    Buying a company's stock on the market from other investors provides demand for the company's stock, helping to support the stock price. This is important for several reasons, not the least of which is that it establishes the stock's value on the market so that when the company needs to raise capital, the public equity markets are an attractive option.

    Yes, a company is obviously allowed to issue and sell stock after the IPO. It's called a secondary offering. I've worked on more of those than IPOs.
    It was rhetorical
  • WestlinnDuckWestlinnDuck Member Posts: 16,417 Standard Supporter
    Hundreds of millions of chicoms are still living in extreme poverty. A very small amount of Americans are living in poverty largely as a result of addiction and mental illness. Keep rooting for the away team and communism.
  • 2001400ex2001400ex Member Posts: 29,457

    Hundreds of millions of chicoms are still living in extreme poverty. A very small amount of Americans are living in poverty largely as a result of addiction and mental illness. Keep rooting for the away team and communism.

    Again you are lost in facts. China is awful. But they've done a ton to reduce poverty.

    In China today, poverty refers mainly to the rural poor, as decades of economic growth have largely eradicated urban poverty.[1][2][3] The dramatic progress in reducing poverty over the past three decades in China is well known. According to the World Bank, more than 850 million people have lifted themselves out of extreme poverty as China's poverty rate fell from 88 percent in 1981 to 0.7 percent in 2015, as measured by the percentage of people living on the equivalent of US$1.90 or less per day in 2011 purchasing price parity terms.[4][5]
  • USMChawkUSMChawk Member Posts: 1,800
    2001400ex said:

    Again you are lost in facts. China is awful. But they've done a ton to reduce poverty.

    In China today, poverty refers mainly to the rural poor, as decades of economic growth have largely eradicated urban poverty.[1][2][3] The dramatic progress in reducing poverty over the past three decades in China is well known. According to the World Bank, more than 850 million people have lifted themselves out of extreme poverty as China's poverty rate fell from 88 percent in 1981 to 0.7 percent in 2015, as measured by the percentage of people living on the equivalent of US$1.90 or less per day in 2011 purchasing price parity terms.[4][5]
    So, because most Chinese now make more than $700.00 a year they’re system is enviable?
  • 2001400ex2001400ex Member Posts: 29,457
    USMChawk said:

    So, because most Chinese now make more than $700.00 a year they’re system is enviable?
    Same measurement in the US.

    As of 2009, the number of people who were in poverty was approaching 1960s levels that led to the national War on Poverty.[7] In 2011 extreme poverty in the United States, meaning households living on less than $2 per day before government benefits, was double 1996 levels at 1.5 million households, including 2.8 million children.[8] In 2012, the percentage of seniors living in poverty was 14% while 18% of children were.[9] The addition of Social Security benefits contributed more to reduce poverty than any other factor.[10]
  • PurpleThrobberPurpleThrobber Member Posts: 46,167 Standard Supporter
    2001400ex said:

    Same measurement in the US.

    As of 2009, the number of people who were in poverty was approaching 1960s levels that led to the national War on Poverty.[7] In 2011 extreme poverty in the United States, meaning households living on less than $2 per day before government benefits, was double 1996 levels at 1.5 million households, including 2.8 million children.[8] In 2012, the percentage of seniors living in poverty was 14% while 18% of children were.[9] The addition of Social Security benefits contributed more to reduce poverty than any other factor.[10]
    yeah -that 60's approach to poverty worked awesomely....50 years later, same shit. Affordable government housing, more benefits and welfare....free needles, blah blah blah.

    #cabrinigreen

    Maybe try something different? Like train people up and put them in rehab to get off the drugs.....christ, go back to the 30's model and send them to government work camps. There's some sweet state and national parks out there because of those Depression era projects.

  • WestlinnDuckWestlinnDuck Member Posts: 16,417 Standard Supporter
    How much in chicom benefits does a poor rice farmer in China get? The US extreme poverty guy/gal has a flat screen TV, a smartphone, AC and indoor plumbing. You suck at this. No one in the US is illegally immigrating to China. We have thousands and thousands of poor illegals from China. Hondo, you suck at this.
  • 2001400ex2001400ex Member Posts: 29,457

    How much in chicom benefits does a poor rice farmer in China get? The US extreme poverty guy/gal has a flat screen TV, a smartphone, AC and indoor plumbing. You suck at this. No one in the US is illegally immigrating to China. We have thousands and thousands of poor illegals from China. Hondo, you suck at this.

    You painted Biden comment as fucktarded. 850 million people have been pulled out if extreme poverty in China. Biden was right. Sorry if that makes your snatch sore.
  • WestlinnDuckWestlinnDuck Member Posts: 16,417 Standard Supporter
    Keep rooting for the away team. So, the US should openly engage in unfair trade and intellectual property theft for the benefit of poor Americans. Got it. Clearly the better economic program.
  • SledogSledog Member Posts: 35,550 Standard Supporter
    edited August 2019
    2001400ex said:

    Sanders told Hill.TV’s Krystal Ball, "China is a country that is moving unfortunately in a more authoritarian way in a number of directions. But what we have to say about China in fairness to China and its leadership is if I’m not mistaken they have made more progress in addressing extreme poverty than any country in the history of civilization, so they’ve done a lot of things for their people. " Murdered millions and starved 50 million to death so we can feed some of them and use them as slave labor. Before we shoot them!
    Fixed that for you.

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