>>"Paying dividends in no way guarantees the long-term survival of a company."
>Did you say that? I didn't say or imply that.
Oh yes you did. You said, and I quote: "Deere is still in business because they still pay dividends to their stock holders." Or should I not take your statements literally?
>Without a profit there are no dividends. >Without dividends there are no investors. >Without investors there is no company.
Not true on the first two counts, although I'll grant you the third point. There are many unprofitable or marginally profitable companies (such as the previously mentioned GM) that pay dividends. Whether or not to pay dividends is up to the board of directors, and they can and will pay dividends when there is no profit. This of course just starves the company of desperately-needed cash. As for there being no investors without dividends, that's an obvious, easily disproven falsehood. Apple, Amazon and Berkshire Hathaway, to name a few, have no trouble attracting investors even though they pay no dividends.
>Except... >When the US comes in to bail out all their lefty, union buddies.
Corporations in the twenty-first century have less to fear from Bolsheviks than they do from the corporate raiders who specialize in eviscerating healthy companies, sucking out their assets then leaving them saddled with massive debt. As a matter of fact, one of these so-called capitalists, after making a gazillion dollars gutting healthy companies, ran unsuccessfully for president in 2012. It seems the American people prefer marxists to robber barons.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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