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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Don Earl who wrote (11577)9/23/2008 1:44:21 AM
From: Gary Mohilner3 Recommendations  Read Replies (2) | Respond to of 71475
 
I certainly agree, but we live in a society where companies have CEO's earning tens of millions while the companies lose money. These same CEO's earn bigger bonuses if they lay off American Workers to save the company money.

In Japan, CEO's typically earn ten times what the Senior Workers earn, and they look at laying off employees as the last thing they want to do. There companies are constantly looking to improve the products they have, and create new ones so people remain employed. It doesn't always work, but they try. Here if you can save a nickle in the cost of making a $30 shirt the work is exported to where the saving can be made even if it might be possible to improve the American process and save here as well.

Hedge fund managers manipulate markets and earn money for their clients, some do it so well they make billions in bonuses themselves. The small investor's success or failure may have more to do with whether make the same moves by chance as the hedge fund manager, then if they really pick companies that should be winners.

Gary