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aldante
ParticipantScardycat you are making me cry I am laughing so hard. Your unparralled conviction is amazing.
ParticipantScardycat you are making me cry I am laughing so hard. Your unparralled conviction is amazing.
Participant[quote=CA renter]That included a cash retention bonus of $7,700 for a kitchen assistant, $700 for a “file administrator,” according to the FT. Senior executives took home bonuses of up to $4 million.
The financial products unit is scheduled to be awarded another $198 million in retention bonuses next March, but the Treasury Department’s “pay czar” Kenneth Feinberg wants that reduced.
———————-Why the headline?
Well, clearly, the problem is the $7,700 and $700 bonuses to the peons, and NOT the multi-million dollar bonuses to the “geniuses” who swap paper back and forth. Gee, you’d think you were taught that in school…
/sarcasm ;)[/quote]
got me on that one………
Participant[quote=CA renter]That included a cash retention bonus of $7,700 for a kitchen assistant, $700 for a “file administrator,” according to the FT. Senior executives took home bonuses of up to $4 million.
The financial products unit is scheduled to be awarded another $198 million in retention bonuses next March, but the Treasury Department’s “pay czar” Kenneth Feinberg wants that reduced.
———————-Why the headline?
Well, clearly, the problem is the $7,700 and $700 bonuses to the peons, and NOT the multi-million dollar bonuses to the “geniuses” who swap paper back and forth. Gee, you’d think you were taught that in school…
/sarcasm ;)[/quote]
got me on that one………
Participant[quote=CA renter]That included a cash retention bonus of $7,700 for a kitchen assistant, $700 for a “file administrator,” according to the FT. Senior executives took home bonuses of up to $4 million.
The financial products unit is scheduled to be awarded another $198 million in retention bonuses next March, but the Treasury Department’s “pay czar” Kenneth Feinberg wants that reduced.
———————-Why the headline?
Well, clearly, the problem is the $7,700 and $700 bonuses to the peons, and NOT the multi-million dollar bonuses to the “geniuses” who swap paper back and forth. Gee, you’d think you were taught that in school…
/sarcasm ;)[/quote]
got me on that one………
Participant[quote=CA renter]That included a cash retention bonus of $7,700 for a kitchen assistant, $700 for a “file administrator,” according to the FT. Senior executives took home bonuses of up to $4 million.
The financial products unit is scheduled to be awarded another $198 million in retention bonuses next March, but the Treasury Department’s “pay czar” Kenneth Feinberg wants that reduced.
———————-Why the headline?
Well, clearly, the problem is the $7,700 and $700 bonuses to the peons, and NOT the multi-million dollar bonuses to the “geniuses” who swap paper back and forth. Gee, you’d think you were taught that in school…
/sarcasm ;)[/quote]
got me on that one………
Participant[quote=CA renter]That included a cash retention bonus of $7,700 for a kitchen assistant, $700 for a “file administrator,” according to the FT. Senior executives took home bonuses of up to $4 million.
The financial products unit is scheduled to be awarded another $198 million in retention bonuses next March, but the Treasury Department’s “pay czar” Kenneth Feinberg wants that reduced.
———————-Why the headline?
Well, clearly, the problem is the $7,700 and $700 bonuses to the peons, and NOT the multi-million dollar bonuses to the “geniuses” who swap paper back and forth. Gee, you’d think you were taught that in school…
/sarcasm ;)[/quote]
got me on that one………
ParticipantMy point exactly. Soap will become very very expensive…..americans will only be able to wash once a week.
sorry to the french outhere i really do luv ya!ParticipantMy point exactly. Soap will become very very expensive…..americans will only be able to wash once a week.
sorry to the french outhere i really do luv ya!ParticipantMy point exactly. Soap will become very very expensive…..americans will only be able to wash once a week.
sorry to the french outhere i really do luv ya!ParticipantMy point exactly. Soap will become very very expensive…..americans will only be able to wash once a week.
sorry to the french outhere i really do luv ya!ParticipantMy point exactly. Soap will become very very expensive…..americans will only be able to wash once a week.
sorry to the french outhere i really do luv ya!ParticipantMy best guess is that our next 15 years will be very similar to England’s from 1925-1940. They still enjoyed international dominance…..(all the cheap labor helped eventhough their currency was devalued) and had a great reputation. However, beneath the surface their demise started. Imagine what England will be like (assuming they do not get into the EU) when the same thing happens to us.
No one here is talking about the spiral. Money supply hits those closest to it, ie…bankers, those receiving huge bonuses in today’s dollar. Those plebes further down the money supply see a fraction of (in this case) bailout $$ at a fraction of its purchaseing power. Not “event” just a steady decline. Most will go from eating Filet, to New York, to Chuck to hamburger, to horse. We will get paid more but becasue most of our consumables come from overseas we simply will be able to afford less and less.
That is why all this focus on Wall Street is such a farce. How many people in your life have a better standared of living today then 5 or 10 years ago? I have one…and his rich dad died. Most people are working harder or living with less or both.
As far as I can tell the “wealth” that we experienced when Greenspan expanded the money supply only came from one place. HOME EQUITY. Again, how many people do you kwow that have more home equity then they did 5-10 years ago?ParticipantMy best guess is that our next 15 years will be very similar to England’s from 1925-1940. They still enjoyed international dominance…..(all the cheap labor helped eventhough their currency was devalued) and had a great reputation. However, beneath the surface their demise started. Imagine what England will be like (assuming they do not get into the EU) when the same thing happens to us.
No one here is talking about the spiral. Money supply hits those closest to it, ie…bankers, those receiving huge bonuses in today’s dollar. Those plebes further down the money supply see a fraction of (in this case) bailout $$ at a fraction of its purchaseing power. Not “event” just a steady decline. Most will go from eating Filet, to New York, to Chuck to hamburger, to horse. We will get paid more but becasue most of our consumables come from overseas we simply will be able to afford less and less.
That is why all this focus on Wall Street is such a farce. How many people in your life have a better standared of living today then 5 or 10 years ago? I have one…and his rich dad died. Most people are working harder or living with less or both.
As far as I can tell the “wealth” that we experienced when Greenspan expanded the money supply only came from one place. HOME EQUITY. Again, how many people do you kwow that have more home equity then they did 5-10 years ago? -
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