Daily Topics - Thursday May 30th, 2013

By shawnt56
Catch The Thom Hartmann Program LIVE 3-6pm ET M-F!
Progressives know how to party! In L.A.? Join Thom Hartmann, Lily Tomlin, Jim Hightower, John Nichols and more special guests at the Progressive Democrats of America annual get together & fundraiser THIS Saturday June 1! For tickets & info click here
Have a question or comment for Thom? Grab your phone, hit record and send your video to YourTakeMyTake@gmail.com and we may air it on "The Big Picture."
Hour One: Why do conservatives hate the poor? Chris Edwards, Cato Institute
Hour Two: Can democracy survive Republican lies? / Plus Geeky Science - How yogurt makes your brain work
Hour Three: Christian radio host upset by female breadwinners - Bryan Fischer, American Family Association



A word for self-taught is autodidact.
Whether the economy is doing well is, in my opinion, not well correlated with the stock market. Yes, it does require disposable income but as the middle class has less and less income because the wealth has been concentrated in an enormous pile at the top; it's mostly the wealthy that can contribute in stock purchases. When the wealthy can drop a million or two and not miss it, there will be a tendency toward more risk and therefore higher probability of crashes.
In sum, useful objects and the knowledge that goes with their use has considerably more value than the pieces of paper some hoard whose only intrinsic value is in the heat calories they release when burned.
Intrinsic value is not to be found in the stock market. There may be a case to be made that dividends bleed value from the general society because the corp. could have used the money to develop/ produce goods and technology with actual intrinsic value.
Question: Why should a stock be rewarded in perpetuity?