Just in case you haven`t noticed oil is off roughly 60% the market is selling off and EPD is holding up quite well considering. All I see is a great buying opportunity.
We have all had to make sacrifices such as working at pay levels beneath where we would normally be at. Well everyone except the politicians who rape our country at the behest of the Sociopath Billionaires who own Wall St. That being said if you believe that working for minimum wage $7.25 an hour is remotely fair while corporate America reaps record profits then you are a Republican. Had minimum wage came even close to tracking inflation over the past three decades it would be over $20.00 an hour. Do I think McDonalds Employees should make $15.00 an hour, No I don`t. I think $11.50 an hour with raises annually based on several areas of performance. No one can come close to existing on $11.50 an hour but it`s a whole lot better than $7.25. These People YES REAL PEOPLE w three.ith lives, families rent, food utilities at $ 7.25 take your pick which ONE are you going to pay? Certainly not all
I`m not trying to be a smart #$%$ but you have not been paying attention to what`s really going on in todays BS hyped up economy. Your viewpoint on MCD being a first job stepping stone type job would have been correct about two decades ago. The improved economy and the reduction in the unemployment numbers are all for show. The Middle Class is still being erased and those first time stepping stone jobs are turning in to dead end no place to stay yet there`s no where else to go. Do you believe when you see seventy year old men and women clerking and stocking shelves at Dollar General and Wal Mart, Family Dollar and such that they weren`t forced into these jobs rather than retirement because inflation is low and the economy is strong. The economy is only strong for a minority of Americans, the other 200 million are struggling their collective #$%$ off. Corporate America is still continuing to lay off thousands to improve their bottom line which is wonderfull for shareholders but doesn`t do sh-t for the 200 million. There isn`t a rational person if ( THEY ARE HONEST WITH THEMSELVES) that can logically say that $ 7.25 is a fair wage for anyone. Those better opportunities you speak of have been permantely removed. Lets also touch on the Student Loan Rip Off that is devastating tens of millions of people. A very small percentageof thos folks could have walked into Wells Fargo, Chase, or BAC and qualified for a $30,000 to $50,000 loan yet they were given the thumbs up for these student loans under the guise of trying to help millions become better qualified for the better jobs. Sadly the banksters knew a little secret, and that was that there weren`t going to be any of those better jobs. It had the effect they new it would it ruined milllions of already stretched marginalized peoples credit scores as they found themselves unable to repay those loans as was agreed.be any of
HD, Lowes they all do the same. The quality of their products is the cheapest, Chinee Junk they can buy. Bought a Cheap oval shape framed mirror at Lowes the other day, didn`t take it out of its box because the price just didn`t sit well with me. Happened to be at Big Lots the next day and found a larger far better quality mirror for $25.00. If BL can sell it for $25.00 and still make a profit then Lowes is F----ng its customers.
Even though I non longer allow myself, my children, our Dogs to Eat McDonalds almost food, your argument is STUPID. People aren`t going to McDonalds to get the Salad Bar, they go there because it`s fairly quick and easy.
Look at the ten year chart. Also if Warren Buffed closed out his position and the fact that he`s about nothing but long term investing makes me worried.
I received my notice also. Based on the amount of shares I hold I`ll receive $6.33. If too many good things like this happen in my life this year then I may retire early.