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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-04 02:47 PM
Original message
Pull your investments
I'm wondering, how many Democrats are truly willing to fight. We've got all the power in our hands right now. Pull your investments. First thing in the morning. ALL of them. Take the loss, take the hit. Buy absolutely nothing but food, gas to get to work, and power to keep from freezing to death. Are you really willing to do what the Declaration of Independence said?

"...we mutually pledge to each other, our Lives, our Fortunes, and our sacred Honor."

We can end it tomorrow, if we mean what we say.
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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-04 02:49 PM
Response to Original message
1. why cut off your nose to spite your face?
think smart

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PretzelWarrior Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-04 03:22 PM
Response to Reply #1
16. no. you can pull your investments and redirect
to a new set of funds that are not part of the corporate establishment. we need to consider this.
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ScreamingMeemie Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-04 02:50 PM
Response to Original message
2. Did that already. Long time ago.
:hi:
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FizzFuzz Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-04 03:58 PM
Response to Reply #2
22. how would one do that oneself?
Please, can you share any info on where to research such a thing?
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Wapsie B Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-04 02:51 PM
Response to Original message
3. The thing is,
I think many of the world's leaders will want to pull their investments from the US in retaliation for 4 more years of the chimp. If we can't bring him down, they just might. But there's going to be hell to pay in the process.
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serryjw Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-04 02:52 PM
Response to Original message
4. PEAK OIL!
I have no investments! BUT if I did I would put it all in gold & Silver. WHen his economy crashes this will still mean something. PAPER instruments won't.
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ayane-chan Donating Member (57 posts) Send PM | Profile | Ignore Sun Nov-07-04 02:53 PM
Response to Original message
5. Huh?
Now the market is in a huge rally pattern; how will progressives losing the opportunity to make money help our cause?!?
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lindashaw Donating Member (921 posts) Send PM | Profile | Ignore Sun Nov-07-04 02:53 PM
Response to Original message
6. We don't have to pull our investments (some of which I've done already)
but we can consume only the bare minimum. Skipping Christmas will have a HUGE impact, believe me!
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-04 02:58 PM
Response to Reply #6
10. YES we do
We could end it TOMORROW. One day. All over. One loud voice. Corporate America is not going to win. Not going to control the media. Not going to control voting. Not going to destroy the planet. Not going to subsidize their profits with the taxpayer picking up labor costs through food stamps, medicaid and housing. We could, but we won't give up our own material security. Because we don't care quite THAT much.
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NashVegas Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-04 02:55 PM
Response to Original message
7. Better Idea - Become Stockholder Activists
If working within a system is the best way to affect change, what better system to work in than the one in which our government is headed?
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-04 02:55 PM
Response to Original message
8. Just what I thought
Huh? Hurt myself in the short term to help the entire world in the long term? No no no. I'm not going to TRULY suffer for the greater good.

Except Mrs. Grumpy, thanks Mrs. Grumpy.
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B Calm Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-04 02:57 PM
Response to Original message
9. Invest in government bonds! With this huge national debt it's
time to buy bonds and then earn tax free interest on the money you lend the government.
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miss_kitty Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-04 03:05 PM
Response to Original message
11. As I've been saying (ad nauseum)
Edited on Sun Nov-07-04 03:07 PM by mlle_chatte
stop buying from the Man. At least cut back. I know that the Man supplies too much stuff to totally cut him out of the equation, but start thinking about what you buy and where you buy it.

This year give to charity in people's names. The ACLU. Human Rights Watch, or the NAACP, which is facing a punative ass reaming for the IRS (No lube involved, I'm Sure) for not supporting the cheney bush junta. Give to the Red Cross, Medicins sans Frontieres, buy a goat for some family in a village in Africa. There are all sorts of ways you can give at Christmas, Kwanzaa or Hanukkah (or whatever you do in December) without substantially enriching the Man.

Buy from small shops. Antiques. Collectibles. Handmade goods-well made artistic crafty stuff

Let's give the Man the worst Holiday Season ever!
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-04 03:15 PM
Response to Reply #11
12. Not enough
It disgusts me because we truly could end the whole thing tomorrow. Can you imagine what would happen if Democrats just started pulling their investments, or moved them to eco-friendly businesses? But people won't, just like they won't stop spending and going to the movies and buying music and whatever else. We're just too comfy, cozy to make any real sacrifices. And Christmas won't be any different either.
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kerrygoddess Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-04 03:20 PM
Response to Reply #12
14. I would if I had some
If I had any investment, I would pull them...
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miss_kitty Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-04 03:28 PM
Response to Reply #12
18. I think moving them to eco friendly businesses is a great Idea
People want what they want when they want it without giving anything up.

I find it somewhat disturbing that many people who say they are Dems shop at WalMart. Buy KFC. MacDonalds. Nabisco. GAP. Nike. Smoke. I don't mean to be the keeper of the public morals here, but it is that sort of shit that supports the Man and the system we all hate.

Regime change DOES begin at home. In OUR OWN homes.

And no matter how bad off we think we are here, it is of our own making, unlike the suffering we are visiting upon Falluja and the rest of Iraq, in the name of Jesus-ah and the fundie 'christian' lifestyle. I hate what has happened in America.
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-04 03:37 PM
Response to Reply #18
20. Sinclair
That is when it became clear to me that what scares these people is investors. I agree that we've got to cut our spending down to the bare bones. But what generic brand does Gap own? You think you're buying something that will hurt them, only to find out a few years later that they own the little generic company that was making those clothes anyway. Should keep trying of course.

But when the Sinclair investors started panicing, Sinclair responded. Too many thought that we had won and backed off, so they were still able to run their garbage. But investors are the ones who have the power over corporate America and there are certainly enough Democratic ones to make a huge difference. That's what we need to do to change the course, get Democratic investors to speak with their dollars.
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miss_kitty Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-04 03:54 PM
Response to Reply #20
21. No the GAP and Old Navy and others
employ a law firm to the tune of millions a year(Preston, Gates (Bill's Dad) and Ellis) that lobbies to sweeten slave labour conditions on Saipan, a US protectorate (my info from a couple years ago). Thousands of 'guest workers', the poor of asian countries are forced to work long hours, long weeks, live cheek-by-jowl in substandard housing for an 'exception' wage-less than minimum wage. And they are allowed to sew 'made in the USA' tags in that clothing.

Sweatshop watch
http://swatch.igc.org/swatch/marianas/help.html
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Cats Against Frist Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-04 03:21 PM
Response to Reply #11
15. If you give to charity, too -- can't you deduct it from your income tax?
Is it possible to make it so that you don't have to pay any income tax, if you donate to charity?
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miss_kitty Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-04 03:30 PM
Response to Reply #15
19. if you itemise.
and it does us well to have people on the left wealthy enough to itemise.

But if you give in someone else's name, they get the benefit.
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Jawja Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-04 03:18 PM
Response to Original message
13. I've already
moved my 401(k) money out of American stocks and into Interest funds.

I had to do that because my choice of indexed stock funds included Big Media owners who now give us propaganda to support this criminal regime.

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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-04 03:25 PM
Response to Reply #13
17. I appreciate that
I wish more people would just bite the bullet and do it.
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the_outsider Donating Member (258 posts) Send PM | Profile | Ignore Sun Nov-07-04 04:02 PM
Response to Original message
23. we can also invest in foreign markets - EU, Asia, buy ADRs
not that their governments are necessarily better. But at least it will be a message to the * regime. That's where a lot of big money is heading also.
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UNIXcock Donating Member (464 posts) Send PM | Profile | Ignore Sun Nov-07-04 04:05 PM
Response to Original message
24. Some of us just cannot do that, I feed my family ...
... with my investments, I also pay for my own medical insurance coverage with that money.

... Sorry, I'll have to contribute another way.
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miss_kitty Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-07-04 04:26 PM
Response to Reply #24
25. That's all you can do.
Everyone has to do things dependent on their own personal situation. Telling people what to do or shaming them into doing stuff they can't afford is the Thug way.

Every little bit helps. I don't have investments, so I won't be moving any. :)
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