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To: elmatador who wrote (105380)4/2/2014 4:13:30 AM
From: Haim R. Branisteanu4 Recommendations

Recommended By
elmatador
gg cox
ggersh
see clearly now

  Read Replies (1) | Respond to of 219451
 
All CB's are running scared as they do not comprehend that the problem is not interest rates the solution is not QE which enrich only those within upper class.

The problems are structural and the huge disparity in compensation. The only way to resolve it to close tax loopholes and tax heavily excessive incomes of officers in publicly held companies and financial markets trading.

Capital gains from financial instruments and commercial real estate should be highly progressive with linear steps. Not popular but effective

My point is that capital accumulation in the past in the hand of few always resulted in popular unrest all kind of "revolution" etc., whereby the destruction of assets and also the capital accumulated go up in smoke and all end up suffering.

There should be found a solution that work is rewarded and paper shuffling will not rewarded as innovation and work