SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (9039)2/19/2003 10:23:34 AM
From: Mr. SunshineRead Replies (3) | Respond to of 306849
 
<<a) we have no social security pension/social transfer programs other than for the very destitute

(b) folks are expected to save, invest, buy annuity policies, and>>

This would never work in the People's Republic of California. Folks here expect social programs to take care of them so they do not need to save, invest, or buy annutity policies. These folks are called the "less fortunate".

Of course if someone does save and invest, they are considered the "greedy rich" and are expected to give to the "less fortunate".



To: TobagoJack who wrote (9039)2/20/2003 9:20:04 AM
From: Wyätt GwyönRead Replies (1) | Respond to of 306849
 
economic pain is being absorbed by the masses, with 20-30% cut in income common, many via reverse dutch auction on compensation by business owners for their employees.

can you explain this, please? what is "reverse dutch auction on compensation"? you mean employees bid salaries?


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News