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To: jedward

” We hit the “industrial age” and quite literally lost our minds, and with it (seemingly) the ability to see beyond the next quarter’s profit margins or the next OPEC report.”

Well stated!

Back in the 80’s, Wall Street and corporate America began paying bonuses based on the price of the company stock. This has been a disater, as execs will now only look at the next quarter, instead of the big picture. It caused Enron to do what it did. Illegal labor to flourish, and outsourcing to come to pass. All of this will collapse like a house of cards if it continues.


278 posted on 09/01/2007 4:33:55 PM PDT by stephenjohnbanker ( Hunter/Thompson/Thompson/Hunter in 08! "Read my lips....No new RINO's" !!)
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To: stephenjohnbanker

“All of this will collapse like a house of cards if it continues.”

Oh, but we’ve put our chips on the Chinese growing old and not pulling the rug out from underneath us. Uhh hughhhh...


283 posted on 09/01/2007 4:43:18 PM PDT by jedward (I'm not sure you meant, what I understand...or maybe you did.)
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