While watching the HBO series The Newsroom, I think they hit upon an interesting concept. Let the regulatory agencies be funded by the industry they are auditing. That would create jobs, provide better pay for people and insure that there was compliance with laws already in place. It works for small businesses. We pay to … More Got another idea , use industry to create agency jobs in government…
For the last week, every day, another scandal involving trillions of dollars , has been front page news. But there is no outrage, no cry for reform? Why not? Have we become a society, that ceases to care about anything and anyone other then ourselves? So many suffering needlessly and there is no out cry … More Where’s the outrage plus possible solutions
Reading and relaxing, a good California Cabernet in hand, what do I find interesting? 1. As predicted Japan may have to import rice and lower their tariffs. Who can blame them, Rice is their staple and it should be non radio-active! 2 . Rail freight may return to Brooklyn and Statin Island. Rail freight should … More New stuff
Every day while on vacation in Paris I read the Financial Times. Another day, another scandal. It seems there is no end to Banker’s greed. Nor is there an end to the Greed seen round the world. those who have been in a position to take advantage of their situation have done so. It doesn’t … More All the news and some that isn’t
It appears that their are several organizations established to shelter political contributions. 1. Tax exempt charities 2. super pacs 3. Social welfare organizations (supposed to be educational, but become campaign attack ads) 4.Groups such as The Chamber of Commerce/ExpressScripts/the Center for Political Action/Unions/corporations All these entities give money directly or indirectly to politicians or to … More What do corporate tax exempt subsidiaries due besides sheltering Corp super PAC money?
It’s a little disingenuous to propose to jump ship once you are taxed for egregious corruption. See article 7/5 Financial Times. Taxation, In France, is not about class war fare, all taxes and laws implemented now are not targeted at a blameless few. Rather, steps are necessary to bring revenue back to society.. The method … More Tax the wealthy : France , part one to return revenues
The market society has existed in the financial sector since the mid 80’s. Back then the abuses of power and the manipulation of funds did not impact the economy, because Banks were not 30% of GDP. When I was a Bank Vp , fraud existed but the magnitude of the frauds were limited to millions … More Reflection on our Market Society