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Number PULEAZE! Part Three:
- Thread starter Ultramatic
- Start date
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vacerator
Well-known member
My phone bills didn't drop
with the breakup of AT&T. We got circles from MCI, etc., etc. and within a year they were right back up.
I say the whole thing was a money grab by wall street, etc. AT&T stock was among the most valued then. Sellers sold it high, then bought Ameritech, etc. shares for much less. Everything began to decline after 1982. Sears stock, which used to rise, then split, doubling your shares, then rise, split agian. Their employees were also able to retire comfortably because of that if they had bought enough stock in addition to matched profit sharing. The middle class also began declining then. Do the math, follow the money. Sure you can make money if you know how to play the markets, but many of us were too young with too little to invest then, and we are now young seniors and part of that new poverty segment because 401k's and retirement saving had to be tapped too early afer the 2008 crash and last recession.
with the breakup of AT&T. We got circles from MCI, etc., etc. and within a year they were right back up.
I say the whole thing was a money grab by wall street, etc. AT&T stock was among the most valued then. Sellers sold it high, then bought Ameritech, etc. shares for much less. Everything began to decline after 1982. Sears stock, which used to rise, then split, doubling your shares, then rise, split agian. Their employees were also able to retire comfortably because of that if they had bought enough stock in addition to matched profit sharing. The middle class also began declining then. Do the math, follow the money. Sure you can make money if you know how to play the markets, but many of us were too young with too little to invest then, and we are now young seniors and part of that new poverty segment because 401k's and retirement saving had to be tapped too early afer the 2008 crash and last recession.
Part Four:
