Hi All,
Interesting discussion here.
In today's America, there is a good bit of exploitation going on; just look
that the income inequality that has been growing under the leadership of both
parties.
Capitalism doesn't have to be that way if only those who do the hiring would
take more of a long-run approach to life. They should concentrate more upon the
long run impacts of what they do and less on this quarter's profits. Then,
they'd pay a fair wage, minimize adverse impacts to the environment, ensure
worker safety without big brother government looking over their shoulder. There
are some out there who really do it right and I've seen them do it. Problem is,
they sometimes get done in by the greedier sort that cares only about this
quarter's profits and cares very little about the environment or the employees.
And, on the subject of finance? The simpler it is the better off the people
will be. When one hears words like Hedge fund, derivitives, securitization,
then you can bet that a few greedy so-and-sos are about to get really rich and
a much larger group is about to get the proverbial shaft.
Bob Hachey
