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To: studdog who wrote (111671)5/17/2010 11:09:26 AM
From: loantech  Respond to of 116555
 
Excellent post IMO.



To: studdog who wrote (111671)5/17/2010 11:53:50 AM
From: Steve Lokness2 Recommendations  Respond to of 116555
 
Studdog;

I agree an excellent post and from the link;

How to tame these runaway paydays? Just institute a financial transaction tax or a windfall profits tax. The fix is technically simple but politically complex. It's going to take a lot of political will -- over a long period of time -- to reorder our most basic economic values.

Because of the "politically complexity" of making changes, this issue is going to need a real concerted effort by everyone. I just think we are getting head-faked as we divert away from this when we blame working people. We must concentrate at the top to return a sense of morality to finances.

Steve



To: studdog who wrote (111671)5/17/2010 12:39:15 PM
From: NOW1 Recommendation  Respond to of 116555
 
greAT POST!



To: studdog who wrote (111671)5/17/2010 2:10:54 PM
From: mishedlo14 Recommendations  Read Replies (5) | Respond to of 116555
 
Unions are the problem.
So is the Fed.
So are politicians in bed with unions.
So is a greedy population willing to speculate on houses.
So is military spending.

Hedge funds are far down on the list of problems. Perhaps #10 or 20. How much money hedge funds make is a symptom of other problems (loose money), not the problem itself.

You guys cannot tell the symptom from the disease. It's pathetic.

Mish