Comments on: Grab Bag — Christmas Version

By: ecthompson

ecthompson — Mon, 28 Dec 2009 02:16:11 +0000

Rick – outstanding post. I appreciate it.

By: ecthompson

ecthompson — Mon, 28 Dec 2009 02:07:18 +0000

Now, that’s what I’m talking about!!! GREAT comment.

By: Rick

Rick — Sun, 27 Dec 2009 03:18:19 +0000

Excellent analysis, but the details behind jobs at IBM and other international companies is more insideous than you imagine. These comapnies have been dumping U.S. workers and hiring overseas. The trend has been going on for years, but has accelerated under the smoke screen of this recession.

http://aresourceaction.blogspot.com/

By: Peter John

Peter John — Sat, 26 Dec 2009 16:41:27 +0000

To fix the corporate responds to Wall Street you need to remove the financial reason for the Quarter to Quarter stock price manipulations. The best ways of doing this is to: 1) raise the top tax rate to 90% for incomes over 10 mil a year. 2) tax stock options as income, they have a value so they should be taxed, 3) tax executive compensation over 10% of profit or revenue at 90%. Doing these things will force executives to plan for longer period of time since they won’t be able to cash in after a year or two.