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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (114225)	6/11/2012 1:31:19 AM
From: tejek	Read Replies (1) \| Respond to of 149317

do agree with the statement that we need to reform our Capitalism. No question about that. A good start would be to fire Bernanke and Geithner, prosecute the bankster criminals, bring back Glass-Steagle, and then give corporate shareholders a binding vote on executive compensation. Those things alone would get us 80-90% of the way towards reforming our economy. The problem isn't with Bernanke and Geithner. Its has to do with the way capitalism has evolved in this country How HR directors can make multi million dollar salaries in companies like DNDN which has yet to generate a profit. Its how Facebook can bring an IPO to market worth billions when the company hardly has any cash flow. Its how the highest paid public official in WA state is the football coach for the Huskies. Its how the power now resides completely with a BOD and the shareholders......how they think.......how they view the companies in which they are involved. Its how Americans have been titillated and seduced into thinking they have to buy every new product that comes to market. That bigger is truly better.. We have an entire culture groomed and weaned on consumption. Its sick......the entire system is very sick and corrupted. The problem is much bigger than Bernanke or Geithner or even Obama. And frankly, I don't know how we turn it around..........and the worst part, we are infecting the world.