I find it humourous that the author called the employess valued, when it is made quite clear he sees them as anything but. I wish them luck in retiring and not having to worry about anything but themselves.
Thus far, it appears that the bailout was a failure...perhaps because we put more restrictions on giving someone $300 in student financial aide than doling out $300,000,000,000 in bailout money to select few with no strings attached.
Paulson and Greenspan are dinosaurs if they really believe that the markets respond to what "feels secure" and that losing a company is the now the worst that can happen to a CEO. It's a new world, and we need people who get that to be in charge, regulations to keep up with the changes, and regulators who are willing to do their jobs at the risk of not getting a cushy job on wall street after they leave the enforcment division of the S.E.C.
If my CEO sent out this email in this economic climate, quite frankly, I'd roll my eyes at what a ninny he was.
<<The new data also shows that the top 300,000 Americans collectively enjoyed almost as much income as the bottom 150 million Americans. Per person, the top group received 440 times as much as the average person in the bottom half earned, nearly doubling the gap from 1980.>>
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We have
Thus far, it appears that the bailout was a failure...perhaps because we put more restrictions on giving someone $300 in student financial aide than doling out $300,000,000,000 in bailout money to select few with no strings attached.
Paulson and Greenspan are dinosaurs if they really believe that the markets respond to what "feels secure" and that losing a company is the now the worst that can happen to a CEO. It's a new world, and we need people who get that to be in charge, regulations to keep up with the changes, and regulators who are willing to do their jobs at the risk of not getting a cushy job on wall street after they leave the enforcment division of the S.E.C.
If my CEO sent out this email in this economic climate, quite frankly, I'd roll my eyes at what a ninny he was.
Knowing many small business owners, this is their take as well.
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I disagree with you, but I'm pretty sure
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The bailout to the banks
Here are the pertinent points:
<<The new data also shows that the top 300,000 Americans collectively enjoyed almost as much income as the bottom 150 million Americans. Per person, the top group received 440 times as much as the average person in the bottom half earned, nearly doubling the gap from 1980.>>
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