Wednesday, July 23, 2008

Capitalism Sucks Ass

On the same day that United Airlines announced that some 7,000 employees would be axed within the coming year, the company's stock skyrocketed 68 percent. Sixty-eight-freakin' percent. So that means tens of thousands of people's lives will be hurt when either they, their spouses, their parents, etc. lose their livelihood in the next year, but some other people will be happy to see their portfolios earn a few cents here and there because the company is shedding these people. 

By the way, Sun-Times Group stock rose 10 cents Tuesday, which works out to be a one-day gain of just over 30 percent. Now I'm scared.  

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